Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Independence Foundation is a private corporation based in PHILADELPHIA, PA. The foundation received its IRS ruling in 1946. The principal officer is Offices At The Bellevue. It holds total assets of $78.1M. Annual income is reported at $17.2M. The foundation is governed by 7 officers and trustees. The foundation operates in the area of education. Tax records are available from 2015 to 2023. Grantmaking is concentrated in Pennsylvania. According to available records, Independence Foundation has made 1,318 grants totaling $15.8M, with a median grant of $8K. The foundation has distributed between $3.7M and $7.6M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $7.6M distributed across 660 grants. Individual grants have ranged from $490 to $166K, with an average award of $12K. The foundation has supported 251 unique organizations. The foundation primarily supports organizations in Pennsylvania, New York, District of Columbia, which account for 98% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$10K
Average Grant
$13K
Largest Grant
$180K
Based on 276 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Independence Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 1,318 grants. Its grantmaking reaches organizations primarily in PA, NY, DC.
Independence Foundation has distributed a total of $15.8M across 1,318 grants. The median grant size is $8K, with an average of $12K. Individual grants have ranged from $490 to $166K.
The application deadline is THE FOUNDATION ESTABLISHES A GRANT CYCLE ON A YEARLY BASIS AND ALL DECISIONS ARE MADE IN CYCLE.. Letters of inquiry will be reviewed for consistency with current funding priorities. Should the application, after review by the board of directors, prove to be within the scope of the foundation's interests, the applicant will be advised and the necessary interviews may be arranged prior to a final determination by the board of directors.
Independence Foundation is headquartered in PHILADELPHIA, PA. While based in PA, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan E Sherman | PRESIDENT, CEO | $348K | $53K | $400K |
| Hon Phyllis W Beck | BOARD CHAIR | $240K | $28K | $268K |
| Joyce Wilkerson | MEMBER (SINCE 04/23) | $0 | $0 | N/A |
| Catherine C Carr | SECRETARY | $0 | $0 | N/A |
| Derick Dreher | ASST. SECRETARY | $0 | $0 | N/A |
| Loree Jones | MEMBER | $0 | $0 | N/A |
| David Logan | MEMBER | $0 | $0 | N/A |
Total Giving
$6M
Total Assets
$73.8M
Fair Market Value
$73.6M
Net Worth
$73.8M
Grants Paid
$3.7M
Contributions
N/A
Net Investment Income
$3.5M
Distribution Amount
$3.4M
Total: $73.2M
Total Grants
1,318
Total Giving
$15.8M
Average Grant
$12K
Median Grant
$8K
Unique Recipients
251
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Community Legal Services IncPUBLIC INTEREST LAW FELLOWSHIP PROGRAM | Philadelphia, PA | $166K | 2023 |
| Planned Parenthood Southeastern PaGENERAL SUPPORT | Philadelphia, PA | $89K | 2023 |
| American Civil Liberties Foundation Of Pennsylvania IncPUBLIC INTEREST LAW FELLOWSHIP PROGRAM | Philadelphia, PA | $88K | 2023 |
| The Public Interest Law CenterPUBLIC INTEREST LAW FELLOWSHIP PROGRAM | Philadelphia, PA | $83K | 2023 |
| Philadelphia Legal Assistance Center IncPUBLIC INTEREST LAW FELLOWSHIP PROGRAM | Philadelphia, PA | $80K | 2023 |
| Philadelphia Mural Arts AdvocatesGENERAL SUPPORT | Philadelphia, PA | $76K | 2023 |
| Pennsylvania Health Access NetworkGENERAL SUPPORT | Philadelphia, PA | $75K | 2023 |
| Project HomeHEALTHCARE SERVICES AT PROJECT HOME'S STEPHEN KLEIN WELLNESS CENTER AND HUB OF HOPE | Philadelphia, PA | $75K | 2023 |
| Nationalities Service Center Of PhiladelphiaPUBLIC INTEREST LAW FELLOWSHIP PROGRAM | Philadelphia, PA | $75K | 2023 |
| Share Food Program IncHEALTH & HUMAN SERVICES FELLOWSHIP PROGRAM | Philadelphia, PA | $73K | 2023 |
| PhilabundanceGENERAL SUPPORT | Philadelphia, PA | $53K | 2023 |
| Lch Health And Community ServicesGENERAL SUPPORT | Kennett Sq, PA | $51K | 2023 |
| Arden Theatre Company2:1 CHALLENGE FOR THE SEAT NAMING CAMPAIGN | Philadelphia, PA | $50K | 2023 |
| Opera PhiladelphiaGENERAL SUPPORT | Philadelphia, PA | $50K | 2023 |
| Center For The Advocacy For The Rights & Interests Of The ElderlyGENERAL SUPPORT | Philadelphia, PA | $50K | 2023 |
| Pennsylvania Institutional Law ProjectPUBLIC INTEREST LAW FELLOWSHIP PROGRAM | Philadelphia, PA | $42K | 2023 |
| Support Center For Child AdvocatesPUBLIC INTEREST LAW FELLOWSHIP PROGRAM | Philadelphia, PA | $42K | 2023 |
| Hias And Council Migration Service Of Philadelphia IncPUBLIC INTEREST LAW FELLOWSHIP PROGRAM | Philadelphia, PA | $40K | 2023 |
| Pennsylvania Health Law ProjectPUBLIC INTEREST LAW FELLOWSHIP PROGRAM | Philadelphia, PA | $37K | 2023 |
| Legal Aid Southeastern Pennsylvania IncGENERAL SUPPORT | Norristown, PA | $35K | 2023 |
| Womens Center Of Montgomery CountyHEALTH & HUMAN SERVICES FELLOWSHIP PROGRAM | Colmar, PA | $35K | 2023 |
| Liveconnections OrgGENERAL SUPPORT | Philadelphia, PA | $33K | 2023 |
| Regional Housing Legal ServicesGENERAL SUPPORT | Philadelphia, PA | $32K | 2023 |
| Zoological Society Of PhiladelphiaGENERAL SUPPORT | Philadelphia, PA | $30K | 2023 |
| Eisenhower Exchange Fellowships IncPHILADELPHIA FELLOWS | Philadelphia, PA | $30K | 2023 |
| FringeartsGENERAL SUPPORT | Philadelphia, PA | $29K | 2023 |
| Womens Law ProjectGENERAL SUPPORT | Philadelphia, PA | $27K | 2023 |
| Metropolitan Area Neighborhood Nutrition AllianceGENERAL SUPPORT | Philadelphia, PA | $27K | 2023 |
| Canine Partners For LifeGENERAL SUPPORT | Cochranville, PA | $26K | 2023 |
| Mann Center For The Performing ArtsGENERAL SUPPORT | Philadelphia, PA | $25K | 2023 |
| Community College Of Philadelphia Foundation19130 ZIP CODE PROJECT | Philadelphia, PA | $25K | 2023 |
| Children First PaNEW PATHWAYS TO BEHAVIORAL HEALTH SERVICES WILL BOOST THE WELLNESS OF CHILDREN IN PHILADELPHIA. | Philadelphia, PA | $25K | 2023 |
| Carpenters Company Of The City And County Of Philadelphia$100,000/4 YEARS 2:1 CHALLENGE GRANT FOR YOUNG PEOPLE'S CONTINENTAL CONGRESS | Philadelphia, PA | $25K | 2023 |
| Pennsylvania Ballet AssociationGENERAL SUPPORT | Philadelphia, PA | $25K | 2023 |
| Puentes De SaludGENERAL SUPPORT | Philadelphia, PA | $25K | 2023 |
| Cradles To Crayons Inc$100,000/4 YEARS ($25,000 PER YEAR) 4:1 CHALLENGE GRANT FOR CAPITOL AND CAPACITY BUILDING (NEW WAREHOUSE) | Newton, MA | $25K | 2023 |
| The Fund For The School District Of PhiladelphiaSTUDENT BOARD REPRESENTATIVES INITIATIVE, BOARD OF EDUCATION | Philadelphia, PA | $25K | 2023 |
| Integrate For Good Inc1:1 CHALLENGE GRANT TO SUPPORT THE OPENING DOOR ON CAMPUS PROGRAM | Creamery, PA | $25K | 2023 |
| Vna Community Services IncGENERAL SUPPORT | Abington, PA | $25K | 2023 |
| The Food TrustGENERAL SUPPORT | Philadelphia, PA | $25K | 2023 |
| Prevention Point Philadelphia IncorporatedGENERAL SUPPORT | Philadelphia, PA | $25K | 2023 |
| Planned Parenthood KeystoneGENERAL SUPPORT | Warminster, PA | $25K | 2023 |
| Juvenile Law CenterGENERAL SUPPORT | Philadelphia, PA | $25K | 2023 |
| Students Run Philly Style2:1 CHALLENGE GRANT, GENERAL OPERATING SUPPORT | Philadelphia, PA | $25K | 2023 |