PHILADELPHIA, PA
William Penn Foundation
Quick Facts
- EIN
- 231503488
- Location
- PHILADELPHIA, PA
- Category
- General
- Total Assets
- $3.4B
- Annual Income
- $1.2B
- IRS Ruling Year
- 1947
- Organization Type
- Corporation
- Tax Deductibility
- Contributions are deductible
About This Foundation
William Penn Foundation is a private corporation based in PHILADELPHIA, PA. The foundation received its IRS ruling in 1947. It holds total assets of $3.4B. Annual income is reported at $1.2B. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$181M
2023-13%
Total Assets
$3.3B
2023+2%
Fair Market Value
$3.3B
2023
Net Worth
$3.2B
2023
Grants Paid
$152.3M
2023
Contributions
$0
2023
Net Investment Income
$239.1M
2023
Distribution Amount
$156.3M
2023
Total Giving by Year
$97M
11$82.9M
12$111.8M
13$132.3M
14$115.9M
15$136.2M
19$122.8M
20$157.4M
21$207.9M
22$181M
23Asset Growth
$4.4B
11$2B
12$2.3B
13$2.3B
14$2.3B
15$2.8B
19$3.2B
20$3.9B
21$3.2B
22$3.3B
23Investment Portfolio (2023)
Total: $1.6B
Corporate Stock: $1.3B
Corporate Bonds: $227.1M
Government Obligations: $114.7M
Other Investments: $1.6B
Cash: $13.3M
Corporate Stock (40%)
Corporate Bonds (7%)
Government Obligations (4%)
Other Investments (49%)
Cash (0%)
Expense Breakdown (2023)
Grants Paid$152.3M
Officer Compensation$2.5M
Pension & Benefits$2.1M
Occupancy$659K
Travel & Conferences$386K
Depreciation$272K
Accounting Fees$258K
Legal Fees$77K
Printing & Publications$15K
Revenue Sources (2023)
- Capital Gains (Net)
- $89.7M
- Dividends
- $19.2M
- Other Income
- $74
Financial Details (2023)
- Total Revenue
- $108.9M
- Total Expenses
- $181M
- Exempt Purpose Expenses
- $163.7M
- Required Distribution
- $156.3M
- Undistributed Income
- $63.5M
- Grants Approved (Future)
- $149.6M
- Total Liabilities
- $110.6M
- Excise Tax
- $3.3M
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
50
Total Giving
$68.1M
Average Grant
$1.4M
Median Grant
$930K
Grant Range
Min$469K
Max$11M
Median: $930K
Smallest grantLargest grant
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
WI: $971K (1)
MI
NY
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
PA: $58.9M (41)
NJ
NJ: $1.1M (1)
CA
UT
CO
NE
MO
KY
WV
VA
VA: $2M (2)
MD
MD: $1.5M (1)
DE
DC
DC: $3.5M (4)
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
HI
TX
PA$58.9M (41)
DC$3.5M (4)
VA$2M (2)
MD$1.5M (1)
NJ$1.1M (1)
WI$971K (1)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| National Philanthropic TrustIMPLEMENT THE REBUILD INITIATIVE | Jenkintown, PA | $11M | 2023 |
| Project HomeTRANSITIONAL HOUSING SUPPORT | Philadelphia, PA | $6.1M | 2023 |
| Share Food ProgramSHARE CAPITAL CAMPAIGN | Philadelphia, PA | $5M | 2023 |
| National Nurse-Led Care ConsortiumBASIC NEEDS FUND FOR HOME VISITED FAMILIES | Philadelphia, PA | $3.1M | 2023 |
| Habitat For Humanity PhiladelphiaHOME REPAIR PROGRAM | Philadelphia, PA | $2.6M | 2023 |
| Reinvestment Fund IncPHASE 3: PLANNING AND CAPITAL TO SUPPORT HIGH QUALITY EARLY LEARNING FACILITY EXPANSION | Philadelphia, PA | $1.9M | 2023 |
| Delaware Valley Regional Planning CommissionREGIONAL TRAILS PROGRAM | Philadelphia, PA | $1.9M | 2023 |
| Philadelphia Energy AuthorityCATALYZING FEDERAL CLIMATE INVESTMENT THROUGH COORDINATION AND HOME REPAIR | Philadelphia, PA | $1.6M | 2023 |
| Kaboom IncPLAY EVERYWHERE CHALLENGE ROUND 2 | Bethesda, MD | $1.5M | 2023 |
| First Step StaffingEXPANSION OF SECOND STEP PROGRAM AND PILOT RESOURCE NAVIGATION | Philadelphia, PA | $1.5M | 2023 |
| National Wildlife FederationALLIANCE FOR WATERSHED EDUCATION | Reston, VA | $1.4M | 2023 |
| Philadelphia Housing Development CorporationPHL RENTASSIST-DIRECT | Philadelphia, PA | $1.3M | 2023 |
| The Corps NetworkTCN 2023 DRCC TRANSITION | Washington, DC | $1.2M | 2023 |
| Philadelphia Works IncCOORDINATED FAMILY SUPPORT TO ACCESS FULL SNAP BENEFITS | Philadelphia, PA | $1.2M | 2023 |
| New Jersey Conservation FoundationSOLAR VESSEL | Far Hills, NJ | $1.1M | 2023 |
| Fairmount Park ConservancyCAPITAL IMPROVEMENTS AND PLANNING FOR FDR PARK | Philadelphia, PA | $1.1M | 2023 |
| Rodale InstituteRODALE STROUD SOIL HEALTH | Kutztown, PA | $1.1M | 2023 |
| Academy Of Natural Sciences Of Drexel UniversityPHASE 2+ DRWI - SCIENCE SUPPORT | Philadelphia, PA | $1M | 2023 |
| New Venture FundCULTURE AND COMMUNITY WELL-BEING | Washington, DC | $1M | 2023 |
| Welcome America IncCOORDINATION FOR 2026 | Philadelphia, PA | $1M | 2023 |
| Philadelphia Soccer 2026WORLD CUP 2026 | Philadelphia, PA | $1M | 2023 |
| National Philanthropic TrustAMERICA'S CULTURAL TREASURES INITIATIVE | Jenkintown, PA | $1M | 2023 |
| Delaware Valley Regional Planning CommissionREGIONAL CLIMATE FUNDING PLANNING AND COORDINATION | Philadelphia, PA | $1M | 2023 |
| Sand County Foundation Inc2022 EPIC FUNDING NAVIGATOR | Madison, WI | $971K | 2023 |
| Congreso De Latinos Unidos IncEXITO K-3 LITERACY STRATEGY | Philadelphia, PA | $932K | 2023 |
| Trust For Public LandCOMMUNITY-DRIVEN REDEVELOPMENT OF SOUTH PHILADELPHIA'S MIFFLIN SQUARE PARK | Philadelphia, PA | $928K | 2023 |
| Philadelphia Mural Arts AdvocatesOUR MARKET, A MULTI-FACETED EFFORT TO EXPLORE, PROMOTE, AND SUPPORT THE DIVERSE CULTURAL IDENTITIES OF 9TH STREET | Philadelphia, PA | $850K | 2023 |
| Citizens For Pennsylvania'S FuturePENNFUTURE 2023- CWA ADVOCACY SWIMMABLE PHILLY CAMPAIGN | Harrisburg, PA | $830K | 2023 |
| John Bartram AssociationBUILD A NEW 12,000 SQUARE FOOT ECOSYSTEMS EDUCATION CENTER | Philadelphia, PA | $830K | 2023 |
| Pennsylvania Environmental Council IncADVANCE CIRCUIT TRAILS | Philadelphia, PA | $807K | 2023 |
| National Wildlife FederationCOALITION FO R THE DELAWARE RIVER WATERSHED | Reston, VA | $700K | 2023 |
| National Fish And Wildlife FoundationPHASE 2+ DRWI - CAPITAL RE-GRANT FUND | Washington, DC | $700K | 2023 |
| Pew Charitable TrustsFISCAL FUTURES: BUILDING THE BENCH | Philadelphia, PA | $700K | 2023 |
| Fairmount Park ConservancyPLAYFUL LEARNING SPRAYGROUNDS | Philadelphia, PA | $700K | 2023 |
| United Way Of Greater Philadelphia And Southern New JerseyRECORD CLEARING INITIATIVE | Philadelphia, PA | $650K | 2023 |
| Stroud Water Research CenterPHASE 2+ DRWI TA SUPPORT | Avondale, PA | $623K | 2023 |
| Impact Services CorporationEXPAND ITS PLAYPARKS PROGRAMMING INTO FIVE KENSINGTON AREA PARKS | Philadelphia, PA | $620K | 2023 |
| League Of Conservation Voters Education FundBASIN-WIDE EMAIL LIST, DATA-DRIVEN COMMUNICATIONS SERVICE, AND GRASSROOTS LEADERSHIP DEVELOPMENT | Washington, DC | $600K | 2023 |
| Glen Foerd Conservation CorporationGROW CAPACITY TO EQUITABLY SERVE NORTHEAST PHILADELPHIA RESIDENTS | Philadelphia, PA | $589K | 2023 |
| Cobbs Creek Restoration And Community FoundationCOBBS CREEK GOLF COURSE AND EDUCATION CENTER | West Conshohocken, PA | $579K | 2023 |
| Temple University - College Of EducationEXPANDING TEMPLE EDUCATION SCHOLARS PROGRAM | Philadelphia, PA | $577K | 2023 |
| Mastery Charter Schools FoundationREBOUND ANTI-GUN VIOLENCE INITIATIVE | Philadelphia, PA | $529K | 2023 |
| Philadelphia City FundSPRING GARDEN STREET GREENWAY DESIGN/ENGINEERING | Philadelphia, PA | $525K | 2023 |
| Health Federation Of PhiladelphiaCOACHING PILOT TO SUPPORT HOME VISITING | Philadelphia, PA | $508K | 2023 |
| Building 21EXPANSION OF LAUNCHPAD PILOT THAT PROVIDES WORK-BASED LEARNING FOR HS STUDENTS | Plymouth Meeting, PA | $500K | 2023 |
| Philadelphia City FundCOMMUNITY RESOURCE CORPS | Philadelphia, PA | $500K | 2023 |
| Philadelphia Orchestra AssociationKIMMEL CENTER AND PHILADELPHIA ORCHESTRA ASSOCIATION MERGER | Philadelphia, PA | $500K | 2023 |
| Opera PhiladelphiaSUPPORT FOR FESTIVAL O22 AND FESTIVAL O23 COMMUNITY EVENTS | Philadelphia, PA | $500K | 2023 |
| Whyy IncCREATE EDUCATIONAL ENRICHMENT TELEVISION SERIES FOR CHILDREN | Philadelphia, PA | $475K | 2023 |
| Drexel University2021 DREXEL/OOS - HEAT STRESS EXPANSION | Philadelphia, PA | $469K | 2023 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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