Skip to content
Nonprofiteer
← PHILADELPHIA FOUNDATION

Form 990 for tax year 2023

Filed by PHILADELPHIA FOUNDATION.

Totals

Total revenue
$57,345,521
Total expenses
$54,267,925
Contributions and grants received
$34,147,409
Grants paid
$44,811,931
Program service revenue
$592,028
Investment income
$22,472,810
Other revenue
$133,274
Total assets, end of year
$630,809,001
Total liabilities, end of year
$25,715,571
Net assets or fund balances, end of year
$605,093,430
Program services expenses (Part IX)
$48,868,861
Management and general expenses
$5,040,057
Fundraising expenses
$359,007
Program service expenses (Part III)
$48,868,861

Program services were 90.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • PEDRO A RAMOS

    PRESIDENT & CEO, SECRETARY

    Total calculated
    $490,809
    From this org
    $424,584
    From related orgs
    $0
    Other
    $66,225
    Hours/week
    35 + 3.3 related

    Schedule J breakdown matched by us

    Base
    $423,810
    Bonus
    $0
    Other
    $774
    Deferred
    $42,900
    Nontaxable benefits
    $23,325
    Filer's total
    $490,809

  • ORLANDO ESPOSITO

    CHIEF FINANCIAL OFFICER

    Total calculated
    $251,702
    From this org
    $200,158
    From related orgs
    $0
    Other
    $51,544
    Hours/week
    35 + 1.3 related

    Schedule J breakdown matched by us

    Base
    $198,970
    Bonus
    $0
    Other
    $1,188
    Deferred
    $20,400
    Nontaxable benefits
    $31,144
    Filer's total
    $251,702

  • HELEN BOOTH

    CHIEF OF STAFF

    Total calculated
    $204,215
    From this org
    $164,942
    From related orgs
    $0
    Other
    $39,273
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $164,168
    Bonus
    $0
    Other
    $774
    Deferred
    $17,962
    Nontaxable benefits
    $21,311
    Filer's total
    $204,215

  • KEVIN DOW

    EXEC. DIRECTOR, REGIONAL FOUNDATION

    Total calculated
    $187,387
    From this org
    $169,000
    From related orgs
    $0
    Other
    $18,387
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $169,000
    Bonus
    $0
    Other
    $0
    Deferred
    $17,000
    Nontaxable benefits
    $1,387
    Filer's total
    $187,387

  • THEODORE QUALLI

    DIR. OF COMMUNICATIONS AND MARKETING

    Total calculated
    $171,569
    From this org
    $154,904
    From related orgs
    $0
    Other
    $16,665
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $154,904
    Bonus
    $0
    Other
    $0
    Deferred
    $15,490
    Nontaxable benefits
    $1,175
    Filer's total
    $171,569

  • DIANE MELLEY

    EXECUTIVE DIR. & SENIOR ADVISOR

    Total calculated
    $155,129
    From this org
    $115,583
    From related orgs
    $0
    Other
    $39,546
    Hours/week
    35

    Schedule J breakdown matched by us

    Base
    $114,395
    Bonus
    $0
    Other
    $1,188
    Deferred
    $12,000
    Nontaxable benefits
    $27,546
    Filer's total
    $155,129

  • DEBORAH BENTZEL

    SR. PROG. OFCR., REGIONAL FOUNDATION

    Total calculated
    $130,027
    From this org
    $118,384
    From related orgs
    $0
    Other
    $11,643
    Hours/week
    35

  • LON GREENBERG

    CHAIR JUL 2023, VICE CHAIR

    Total calculated
    $0
    Hours/week
    2.2 + 2.2 related

  • WILLIAM J BURKE

    TREASURER

    Total calculated
    $0
    Hours/week
    2.2 + 2.2 related

  • KATE ALLISON

    CHAIR TO JUN 2023, BRD MBR

    Total calculated
    $0
    Hours/week
    2.2 + 2.2 related

  • STEVEN SCOTT BRADLEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.2 + 1.3 related

  • FERNANDO CHANG-MUY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.2 + 1.3 related

  • HOLLY FLANAGAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.2 + 1.3 related

  • CHRISTINA MESIRES FOURNARIS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.2 + 1.3 related

  • WILLIAM P HANKOWSKY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.2 + 1.3 related

  • DIXIANNE JAMES

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.2 + 1.3 related

  • SHIRIN KARSAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.2 + 1.3 related

  • EVELYN MCNIFF

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.2 + 1.3 related

  • MICHAEL K PEARSON

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.2 + 1.3 related

  • R DUANE PERRY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.2 + 1.3 related

  • WENDELL PRITCHETT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.2 + 1.3 related

  • ANDREW ROGOFF

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.2 + 1.3 related

  • JANE SCACCETTI

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2.2 + 1.3 related

  • EVAN URBANIA

    BOARD MBR AS OF MAY 2023

    Total calculated
    $0
    Hours/week
    2.2 + 1.3 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 4B
PEDRO A. RAMOS PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN TO WHICH $9,900 WAS CONTRIBUTED DURING CALENDAR YEAR 2023. THIS AMOUNT IS INCLUDED IN THE AMOUNT REPORTED ON SCHEDULE J, PART II, COLUMN (C).

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • TPF PROPERTIES LLC

    OWN AND MANAGES DONATED REAL ESTATE · PA · income $0 · assets $0

    Directly controlled by THE PHILADELPHIA FOUNDATION

  • REGIONAL FOUNDATION LLC

    SEE SCHEDULE R, PART VII · PA · income $11,633,485 · assets $104,813,241

    Directly controlled by THE PHILADELPHIA FOUNDATION

Provenance

Return type
form_990
Tax year
2023
Filed
31 October 2024
IRS schema version
2023v5.1
Source object
202423189349306177

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.