Saturday, June 28, 2008

Philadelphia Foundation Awards $2.75M To Regional Nonprofits

(first published here at thebulletin.us)

Philadelphia - The Philadelphia Foundation announced last Thursday that it has awarded $2.75 million in grants to community noprofits in the Greater Philadelphia area, nearly $1.6 million of which went to organizations in the city of Philadelphia.

A total of 196 grants were given to 161 organizations throughout Bucks, Chester, Delaware, Montgomery and Philadelphia counties. Grant amounts ranged from less than $100 to over $300,000.

Receiving some of the largest grants were Philadelphia nonprofits: the Children's Hospital Foundation receivied $334,000; the Trustees of the University of Pennsylvania were awarded $224,000; the Regional Performing Arts Center received $180,000; the School District of Philadelphia received $67,000 for charitable medical and dental care.

Other beneficiaries this year include the Jamestown Historical Society (nearly $6,000 for windmill preservation and upkeep) and the Settlement Music School (around $3,500 for general operations and scholarships).

The grants were distributed from the Philadelphia Foundation's designated funds, which are established by donors to fund specific charities and which are awarded annually in June. Out of the 775 funds managed by the foundation, 99 of these are designated funds.

The Philadelphia Foundation was established as a public charity community foundation in 1918 with a stated mission of improving the quality of life in Southeastern Pennsylvania through permanent charitable trust funds. Over the last 10 years, the Foundation has awarded $171 million in funds to area organizations.

Heather J. Chin can be reached at heather.jean.chin@gmail.com


©The Evening Bulletin 2008

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