THE PHILADELPHIA FOUNDATION Charity Report

Public IRS 990 nonprofit record

THE PHILADELPHIA FOUNDATION

EIN 23-1581832 · Philanthropy, Voluntarism & Grantmaking Foundations (T310)

What they do

SEE SCHEDULE O.PHILADELPHIA FOUNDATION is ONE of THE COUNTRYS FIRST PUBLICLY SUPPORTED COMMUNITY FOUNDATIONS and THE LARGEST DEVOTED to IMPROVING LIVES IN GREATER PHILADELPHIA. for OVER A CENTURY, COMMUNITY MEMBERS, CIVIC and BUSINESS SECTOR LEADERS, and NONPROFIT ORGANIZATIONS HAVE TURNED to US for PARTNERSHIP and COLLABORATION IN RESPONDING to COMMUNITY NEEDS and CREATING OPPORTUNITIES for IMPACT.IN OUR WORK AS A CIVIC CATALYST, TRUSTED PARTNER, and STRATEGIC PROBLEM-SOLVER ALL DETAILED BELOW WE SEEK to STRENGTHEN THE ECONOMIC, SOCIAL, and CIVIC VITALITY of THE REGION. WE USE A ROBUST PORTFOLIO of APPROACHES STRATEGIC LEADER, FUNDER, CONVENOR, RESOURCE AGGREGATOR, POLICY ADVOCATE to ADVANCE THAT MISSION. OUR PHILOSOPHY is THAT PROVIDING CIVIC and COMMUNITY LEADERSHIP is NECESSARY for EFFECTIVE PHILANTHROPIC LEADERSHIP.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders24 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

52.56%of revenue went to mission work89.7% of expenses · Program services

0.49%of revenue went to fundraising0.8% of expenses

$58.59spent for every $100 of revenueRevenue covered expenses this year.

5.54%of revenue went to management and office costs9.4% of expenses

$13.54in assets for every $1 spent this yearSome assets cannot be spent right away.

74.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $528,416 for PEDRO A RAMOS (PRESIDENT & CEO, SECRETARY). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$88,851,245

Mission workProgram services$46,702,47152.56% of revenue89.7% of expenses

ManagementOffice and general costs$4,918,4855.54% of revenue9.4% of expenses

FundraisingAsking for donations$432,7180.49% of revenue0.8% of expenses

Revenue left after expensesReported annual surplus$36,797,57141.41% of revenueShown in gray on the chart

Total expenses$52,053,67458.59% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 89.7% mission · 9.4% management · 0.8% fundraisingTotal expenses: 58.59% of revenue

2023Expense mix: 90.1% mission · 9.3% management · 0.7% fundraisingTotal expenses: 94.63% of revenue

2022Expense mix: 88.7% mission · 10.0% management · 1.3% fundraisingTotal expenses: 60.69% of revenue

2021Expense mix: 89.5% mission · 9.3% management · 1.2% fundraisingTotal expenses: 84.26% of revenue

2020Expense mix: 94.8% mission · 4.3% management · 0.9% fundraisingTotal expenses: 114.04% of revenue

2019Expense mix: 87.3% mission · 10.7% management · 2.1% fundraisingTotal expenses: 52.01% of revenue

2018Expense mix: 84.8% mission · 12.8% management · 2.4% fundraisingTotal expenses: 43.90% of revenue

2017Expense mix: 81.9% mission · 15.1% management · 3.0% fundraisingTotal expenses: 44.69% of revenue

Money in and money out

Revenue$88,851,245

Expenses$52,053,674

Annual surplus $36,797,571 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$46,702,471 · 89.7% of expenses

Management and office costs$4,918,485 · 9.4% of expenses

Fundraising$432,718 · 0.8% of expenses

See all reported dollar amounts

Revenue$88,851,245

Expenses$52,053,674

Assets$704,644,796

Income$131,493,285

Contributions$66,089,710

Mission work (program services)$46,702,471

Fundraising$432,718

Grants given$332,923,741

Average grant$52,595

Management and general$4,918,485

Executive compensation (total)$664,433

Stocks and bonds$495,747,204

Accounting fees$106,932

Investing fees$1,118,988

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PEDRO A RAMOSPRESIDENT & CEO, SECRETARY · 35 hrs/week $528,416Base $451,338 · Other $77,078

ORLANDO ESPOSITOCHIEF INVEST. OFCR., CFO TO JUN 2024 · 35 hrs/week $257,597Base $200,568 · Other $57,029

JANICE MARINICHIEF ADVANCEMENT OFFICER · 35 hrs/week $231,683Base $190,798 · Other $40,885

HELEN BOOTHCHIEF OF STAFF · 35 hrs/week $227,415Base $170,834 · Other $56,581

KEVIN DOWEXEC. DIRECTOR, REGIONAL FOUNDATION · 35 hrs/week $193,389Base $174,502 · Other $18,887

DENISE AYERSDIRECTOR OF GRANTS AND PROGRAMS · 35 hrs/week $169,743Base $133,158 · Other $36,585

THEODORE QUALLIDIR. OF COMMUNICATIONS AND MARKETING · 35 hrs/week $168,229Base $151,947 · Other $16,282

CHRISTINE CONTICHIEF FINANCIAL & ADMIN. OFFICER · 35 hrs/week $128,510Base $116,827 · Other $11,683

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (24)

PEDRO A RAMOSPRESIDENT & CEO, SECRETARY

ORLANDO ESPOSITOCHIEF INVEST. OFCR., CFO TO JUN 2024

JANICE MARINICHIEF ADVANCEMENT OFFICER

HELEN BOOTHCHIEF OF STAFF

KEVIN DOWEXEC. DIRECTOR, REGIONAL FOUNDATION

DENISE AYERSDIRECTOR OF GRANTS AND PROGRAMS

THEODORE QUALLIDIR. OF COMMUNICATIONS AND MARKETING

CHRISTINE CONTICHIEF FINANCIAL & ADMIN. OFFICER

KATE ALLISONBOARD MEMBER

WILLIAM P HANKOWSKYBOARD MEMBER

WILLIAM J BURKETREASURER

WENDELL PRITCHETTBOARD MEMBER

SHIRIN KARSANBOARD MEMBER

SHARMAIN MATLOCK-TURNERBOARD MEMBER

MICHAEL K PEARSONBOARD MEMBER

LON GREENBERGCHAIR

ALDUSTUS AJ JORDANBOARD MEMBER

JANE SCACCETTIBOARD MEMBER

HOLLY FLANAGANBOARD MEMBER

EVELYN MCNIFFBOARD MEMBER

EVAN URBANIABOARD MEMBER

DIXIANNE JAMESBOARD MEMBER

CHRISTINA MESIRES FOURNARISBOARD MEMBER

ANDREW ROGOFFBOARD MEMBER

About this charity

Recognized since: January 1990
Location: 1835 MARKET STREET 2410, PHILADELPHIA, PA 19103
County: Philadelphia
In care of: PEDRO A RAMOS
Primary officer: PEDRO A RAMOS, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Emailinfo@philafound.org Phone(215) 563-6417

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations (T310)
IRS tax category: Grantmaking Foundations
Grant-giving organization: Yes