2018
By the
Numbers

$35,459,189

Total grants distributed

$35,459,189

Total grants distributed
Thanks to an outpouring of community generosity, we ended 2018 with

$543,359,116

in consolidated assets, 

from the previous year

UP 10%
1,532

individuals, families, companies and organizations contributed

$111,253,187

$398 MILLION

in endowed assets

73%

of our total assets are endowed and will provide permanent charitable support to Greater Philadelphia nonprofits forever

1,004

Active Funds*
INCLUDING

731

Endowed Funds*
*As of 12/31/2018
We distributed grants and
scholarships totaling more than

$35.4 MILLION to

1,466

community organizations

THANK YOU TO OUR 2018 BOARD OF MANAGERS

Anthony J. Conti, Chair

Kathleen S. Allison, Vice Chair

Kerry R. Benson, Treasurer

N. Nina Ahmad, Steven Scott Bradley, Stephen A. Cozen,
Lon R. Greenberg, Shirin Karsan, Evelyn McNiff, Francis Mirabello, John Nihill, R. Duane Perry, Mindy M. Posoff, Andrew R. Rogoff, Elizabeth Leebron Tutelman

Lawrence J. Beaser, Chair Emeritus

THANK YOU TO OUR 2018 BOARD COMMITTEE VOLUNTEERS

William C. Bullitt, Stacy Maria Dutton, Farah Jimenez,
William B. McLaughlin, Handsel B. Minyard, Asuka Nakahara, Sangeeta Prasad, Emily C. Riley

Financials 2018

Philadelphia Foundation exercises prudent investment practices that are oriented towards a “total return” strategy of investing. This strategy allows participation in rising markets while providing reasonable protection in falling markets.

 

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2018 year in review