Our mission is to help improve education for low-income children, ensure a sustainable environment, foster creative communities that enhance civic life and advance philanthropy in the Greater Philadelphia region.

 

History and Heritage

The William Penn Foundation, founded in 1945 by Otto and Phoebe Haas, is dedicated to improving the quality of life in the Greater Philadelphia region.

2018 Annual Report


 

2010 | 2011 | 2012

2013 | 2014 | 2015

2016 | 2017

Financial Snapshot

Grant Payments

For the year ended December 31, 2018

Grant Payments & Future Commitments

 

 

Statement of Activities

For the year ended December 31, 2017 (Audited)

Revenues

Dividends $15,812,899
Interest 6,600,928
Net Realized & Unrealized Gains on Investments     410,673,078
Total Revenue $433,086,905

 

Expenses

Grants Made, Accrual Basis $129,210,966
Program, Administration & General Expenses 7,684,060
Investment Fee Expenses 9,156,131
Excise Tax and UBIT 7,738,121
Total Expenses $153,789,278

 

Change in Net Assets $279,297,627
Net Assets, Beginning of Year 2,235,281,550
Net Assets, End of Year $2,514,579,177