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Philadelphia Insurance Companies Foundation is a private corporation based in PHILADELPHIA, PA. The foundation received its IRS ruling in 2014. The principal officer is % Scott Yurko. It holds total assets of $30.1M. Annual income is reported at $17.8M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Philadelphia Insurance Companies Foundation has made 80 grants totaling $4.4M, with a median grant of $25K. Annual giving has decreased from $1.8M in 2020 to $938K in 2023. Individual grants have ranged from $1K to $1.8M, with an average award of $55K. The foundation has supported 41 unique organizations. The foundation primarily supports organizations in Pennsylvania, Nebraska, Georgia, which account for 49% of all grants. Grantmaking reaches organizations across 16 states. Contributions to this foundation are tax-deductible.
Philadelphia Insurance Companies Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 80 grants. Its grantmaking reaches organizations primarily in PA, NE, GA.
Philadelphia Insurance Companies Foundation has distributed a total of $4.4M across 80 grants. The median grant size is $25K, with an average of $55K. Individual grants have ranged from $1K to $1.8M.
Philadelphia Insurance Companies Foundation typically selects its grantees rather than accepting unsolicited proposals.
Philadelphia Insurance Companies Foundation is headquartered in PHILADELPHIA, PA. While based in PA, the foundation distributes grants to organizations across 16 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Edward Sayago | CORPORATE SECRETARY | $0 | $0 | $0 |
| Michael W Kelly | VICE PRESIDENT | $0 | $0 | $0 |
| Karen A Gilmer-Pauciello | TREASURER/EXECUTIVE VP/CFO | $0 | $0 | $0 |
| John W Glomb Jr | EXECUTIVE VICE PRESIDENT | $0 | $0 | $0 |
| Robert O'Leary | PRESIDENT | $0 | $0 | $0 |
Total Giving
$1.1M
Total Assets
$27.8M
Fair Market Value
$29.5M
Net Worth
$27.8M
Grants Paid
$938K
Contributions
$5.7M
Net Investment Income
$559K
Distribution Amount
$1.1M
Total: $0
Total Grants
80
Total Giving
$4.4M
Average Grant
$55K
Median Grant
$25K
Unique Recipients
41
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| National Arbor Day FoundationPHLY80K REFORESTATION 2023 | Lincoln, NE | $100K | 2023 |
| Chop - Parkway RunPARKWAY RUN SPONSORSHIP | Philadelphia, PA | $93K | 2023 |
| Best Buddies International Inc2023 DONATION | Philadelphia, PA | $60K | 2023 |
| American Cancer Society IncGENERAL CHARITABLE PURPOSES | Hagerstown, MD | $50K | 2023 |
| Temple University School Of RmGENERAL CHARITABLE PURPOSES | Philadelphia, PA | $50K |
| Scott M Yurko |
| ASSISTANT COPORATE SECRETARY |
| $0 |
| $0 |
| $0 |
| 2023 |
| Aim Academy Pathways ProgramGENERAL CHARITABLE PURPOSES | Conshohocken, PA | $50K | 2023 |
| Shoes That FitGENERAL CHARITABLE PURPOSES | Claremont, CA | $50K | 2023 |
| Children'S Scholarship Fund PhiladelphiaGENERAL CHARITABLE PURPOSES | Philadelphia, PA | $50K | 2023 |
| University Of GeorgiaGENERAL CHARITABLE PURPOSES | Athens, GA | $50K | 2023 |
| Sju School Of Risk ManagementGENERAL CHARITABLE PURPOSES | Philadelphia, PA | $50K | 2023 |
| Habitat For Humanity2023 DONATION | Philadelphia, PA | $25K | 2023 |
| American Red CrossTURKEY EARTHQUAKE | Washington, DC | $25K | 2023 |
| Rebuilding TogetherGENERAL CHARITABLE PURPOSES | Philadelphia, PA | $25K | 2023 |
| Univ Of Southern CaliforniaGENERAL CHARITABLE PURPOSES | Los Angeles, CA | $20K | 2023 |
| Mustard Seed RanchGENERAL CHARITABLE PURPOSES | Cookeville, TN | $20K | 2023 |
| Sportable Adaptive Sports AndGENERAL CHARITABLE PURPOSES | Richmond, VA | $20K | 2023 |
| Florida State UniversityGENERAL CHARITABLE PURPOSES | Tallahassee, FL | $20K | 2023 |
| GallaudetGENERAL CHARITABLE PURPOSES | Washington, DC | $20K | 2023 |
| Pacific Crest Youth Arts OrganizationGENERAL CHARITABLE PURPOSES | Diamond Bar, CA | $15K | 2023 |
| The Wow CenterGENERAL CHARITABLE PURPOSES | Merchantville, NJ | $15K | 2023 |
| America'S Grow-A-Row IncGENERAL CHARITABLE PURPOSES | Pittstown, NJ | $10K | 2023 |
| Down Syndrome InnovationsGENERAL CHARITABLE PURPOSES | Mission, KS | $10K | 2023 |
| Aspen Camp For Deaf And Hard Of HearingGENERAL CHARITABLE PURPOSES | Snowmass, CO | $10K | 2023 |
| A Community Center Est By TheGENERAL CHARITABLE PURPOSES | Chester, PA | $9K | 2023 |
| Pettaway Pursuit FoundationGENERAL CHARITABLE PURPOSES | Lansdowne, PA | $5K | 2023 |
| Madelyn James Pediatric CancerGENERAL CHARITABLE PURPOSES | Alexandria, VA | $5K | 2023 |
| Lemoyne CollegeGENERAL CHARITABLE PURPOSES | Syracuse, NY | $5K | 2023 |
| Black Down Syndrome AssociationGENERAL CHARITABLE PURPOSES | Fortville, IN | $1K | 2023 |
| Sju Kinney SchoolGENERAL CHARITABLE PURPOSES | Merion Station, PA | $25K | 2022 |
| National Compassion FundUVALDE MATCH | Alexandria, VA | $15K | 2022 |
| Depelchin Children'S CenterGENERAL CHARITABLE PURPOSE | Houston, TX | $10K | 2022 |
| Mental Health AmericaMASS SHOOTING DONATION | Alexandria, VA | $10K | 2022 |
| Active MindsMASS SHOOTING DONATION | Washington, DC | $10K | 2022 |
| Boys And Girls Country HoustonGENERAL CHARITABLE PURPOSE | Hockley, TX | $10K | 2022 |
| Houston Food BankGENERAL CHARITABLE PURPOSE | Houston, TX | $5K | 2022 |
| Cristo Rey High SchoolCRISTO REY PHILADELPHIA HS | Miami, FL | $40K | 2021 |
| College Possible2021 DONATION - INCLUDES | St Paul, MN | $38K | 2021 |
| Insurance Industry Charitable2021 DONATION - INCLUDES | Los Angeles, CA | $38K | 2021 |
| Cdc Foundation2021 DONATION - INCLUDES | Atlanta, GA | $33K | 2021 |
| Academy In ManayunkAIM ACADEMY PATHWAYS | Conshohocken, PA | $25K | 2021 |
| Attached StatementATTACHED STATEMENT | Philadelphia, PA | $1.8M | 2020 |
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