2019
By the
Numbers

$48,646,878

Total grants distributed

$35,459,189

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

$632,922,715

in consolidated assets, 

from the previous year

UP 16.4%
1,134

individuals, families, companies and organizations contributed

$73,446,021

$464 MILLION

in endowed assets

73%

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

1,026

Active Funds*
INCLUDING

653

Endowed Funds*
*As of 12/31/2019
We distributed grants and
scholarships totaling more than

$48.6 MILLION to

1,435

community organizations

THANK YOU TO OUR 2019 BOARD OF MANAGERS

Anthony J. Conti, Chair

Mindy Posoff, Vice Chair

Kerry R. Benson, Treasurer


N. Nina Ahmad, William J. Burke, Steven Scott Bradley, Stephen A. Cozen, Lon R. Greenberg, Shirin Karsan, Evelyn McNiff, Francis Mirabello, John Nihill, Michael Pearson, R. Duane Perry, Andrew R. Rogoff, Elizabeth Leebron Tutelman


Lawrence J. Beaser, Chair Emeritus

THANK YOU TO OUR 2019 BOARD COMMITTEE VOLUNTEERS

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

Financials 2019

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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2019 year in review