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
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 |