Create a Fund
The Philadelphia Foundation has a variety of charitable funds to meet every situation and need. Whether you are interested in awarding scholarships in the name of a loved one, supporting your favorite charities or having a donor-advised fund we have the perfect philanthropic solution to help you. Our fees are low, our minimums are accessible and we award grants exactly as you intend.
The minimum to establish a fund is $5,000 and once the fund reaches $10,000, you are able to start making grants to your favorite organizations. We offer six different types of funds at the Foundation:
Types of Funds:
Donor Advised Funds. Donors who wish to remain actively involved in their giving may make grant recommendations in the name of the fund or anonymously. Donor Advised Funds are a popular alternative to private foundations as they offer more flexibility and greater tax advantages. Companies who want to give back to their communities also often chose this option. For more information on Donor Advised Funds, please click here.
Unrestricted Funds give the Foundation the greatest flexibility to meet the region's changing and emerging needs over the years.
Field-of-Interest Funds. Donors may prefer to specify a broad area of charitable interest, such as arts and culture or education, or a particular community or neighborhood within the five-county region to benefit from grants from their funds.
Scholarship Funds. Donors may endow scholarship awards to benefit a certain type of student or a specific institution, or to encourage study of a particular subject.
Note: special fees and minimums apply to scholarship funds. Please click here to read more.
Designated Funds. These benefit specific charities named by the donor when the fund is established.
Organizational Endowment Funds. Nonprofit organizations may create permanent endowment funds at the Foundation. The Foundation handles all administrative and investment responsibilities, freeing the organization to pursue its charitable mission.
Contact our Philanthropic Services Department to learn more about our types of funds and to determine which fund is right for you. Email firstname.lastname@example.org or call 215-563-6417