We are a “community foundation,” a pool of several hundred permanent, charitable trust funds created since 1918 to improve the quality of life in Southeastern Pennsylvania (Bucks, Chester, Delaware, Montgomery and Philadelphia counties). We award millions of dollars in grants and scholarships annually.
Unlike other foundations whose assets come from a single source and whose purpose is defined by a family or business, a community foundation is a collection of money from civic-minded people to meet a wide range of community needs now and in the future. Pooling these dollars enables even the smallest component fund to achieve investment returns enhanced by economy of scale. Grants are guided by knowledgeable people who know which organizations best meet community needs.
We are one of the oldest of hundreds of community foundations in the U.S., and many in foreign countries, all dedicated to serving their community’s needs.
The Philadelphia Foundation is in the business of “building community” through:
And we fulfill that Mission by:
The Philadelphia Foundation envisions a flourishing Delaware Valley made up of safe, thriving and diverse communities, strengthened by a dynamic and robust nonprofit sector that is critical to our quality of life, and that inspires civic participation through philanthropy.
We achieve our mission based on certain values that are paramount to all that we do. They are (in order of importance):
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1234 Market Street, Suite 1800 Philadelphia, PA 19107