Civic Intelligence

The Philadelphia Foundation

990 • Fiscal year 2012 • EIN 23-1581832

Jan 01, 2012 to Dec 31, 2012 • Filed on Nov 05, 2013

1234 Market Street No 180019107
Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

9th percentile

0.03x

Higher debt load relative to assets than 9% of similar nonprofits.

2012 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2012

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2012

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2012

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2012

Asset Growth

65th percentile

7.1%

Faster asset growth than 65% of similar nonprofits.

2012 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2011 to 2012

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

Up

$309,849,002

Up $20,449,553 (+7.1%) from 2011

Net Assets

Up

$299,230,498

Up $19,489,148 (+7.0%) from 2011

Liabilities

Up

$10,618,504

Up $960,405 (+9.9%) from 2011

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$25,753,413

Up $3,571,256 (+16%) from 2011

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800M$600M$400M$200M$0Assets 2010: $298,851,335Liabilities 2010: $10,135,003Net Assets 2010: $288,716,3322010Assets 2011: $289,399,449Liabilities 2011: $9,658,099Net Assets 2011: $279,741,3502011Assets 2012: $309,849,002Liabilities 2012: $10,618,504Net Assets 2012: $299,230,4982012Assets 2013: $342,506,403Liabilities 2013: $11,621,747Net Assets 2013: $330,884,6562013Assets 2014: $348,544,450Liabilities 2014: $11,915,384Net Assets 2014: $336,629,0662014Assets 2015: $336,330,998Liabilities 2015: $15,222,753Net Assets 2015: $321,108,2452015Assets 2016: $339,382,080Liabilities 2016: $12,666,423Net Assets 2016: $326,715,6572016Assets 2017: $403,541,826Liabilities 2017: $15,625,516Net Assets 2017: $387,916,3102017Assets 2018: $414,429,037Liabilities 2018: $16,150,629Net Assets 2018: $398,278,4082018Assets 2019: $497,405,675Liabilities 2019: $18,950,844Net Assets 2019: $478,454,8312019Assets 2020: $520,035,912Liabilities 2020: $18,413,821Net Assets 2020: $501,622,0912020Assets 2021: $669,216,014Liabilities 2021: $24,538,813Net Assets 2021: $644,677,2012021Assets 2022: $584,384,980Liabilities 2022: $24,711,186Net Assets 2022: $559,673,7942022Assets 2023: $630,809,001Liabilities 2023: $25,715,571Net Assets 2023: $605,093,4302023Assets 2024: $704,644,796Liabilities 2024: $22,728,088Net Assets 2024: $681,916,7082024

Highlighted filing

2012

Assets$309,849,002
Liabilities$10,618,504
Net Assets$299,230,498

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MExpenses 2010: $20,509,0822010Expenses 2011: $22,182,1572011Expenses 2012: $25,753,4132012Revenue 2013: $31,145,181Expenses 2013: $25,376,362Net Income 2013: $5,768,8192013Revenue 2014: $34,914,254Expenses 2014: $27,349,376Net Income 2014: $7,564,8782014Revenue 2015: $30,833,683Expenses 2015: $31,048,320Net Income 2015: -$214,6372015Revenue 2016: $23,826,555Expenses 2016: $26,471,875Net Income 2016: -$2,645,3202016Revenue 2017: $59,820,427Expenses 2017: $26,732,345Net Income 2017: $33,088,0822017Revenue 2018: $79,448,283Expenses 2018: $34,874,966Net Income 2018: $44,573,3172018Revenue 2019: $66,660,025Expenses 2019: $34,669,527Net Income 2019: $31,990,4982019Revenue 2020: $77,874,752Expenses 2020: $88,811,151Net Income 2020: -$10,936,3992020Revenue 2021: $72,684,648Expenses 2021: $61,244,181Net Income 2021: $11,440,4672021Revenue 2022: $80,318,312Expenses 2022: $48,747,954Net Income 2022: $31,570,3582022Revenue 2023: $57,345,521Expenses 2023: $54,267,925Net Income 2023: $3,077,5962023Revenue 2024: $88,851,245Expenses 2024: $52,053,674Net Income 2024: $36,797,5712024

Highlighted filing

2012

Revenue-
Expenses$25,753,413
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2012 to Dec 31, 2012
Signed
Nov 5, 2013
Return Version
2012v2.1
Gross Receipts
$93,658,451
Mission and Program Overview

Mission

Strengthens the economic, social & civic vitality of greater philadelphia. Grows effective philanthropic investment, connects individuals & institutions across sectors & geography, advances civic initiatives & makes grants to meet community needs.

Filing and Contact Details

Filer

EIN
23-1581832
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IRS990/Description0THE PHILADELPHIA FOUNDATION PROVIDES KEY SERVICES TO SUPPORT THE NONPROFIT COMMUNITY AND ENHANCE THE QUALITY OF LIFE FOR RESIDENTS OF THE FIVE COUNTIES OF SOUTHEASTERN PENNSYLVANIA. 1)PHILANTHROPIC RESOURCE DEVELOPMENT: THE PHILADELPHIA FOUNDATION SERVES AS THE VEHICLE FOR PHILANTHROPIC GIVING IN THE COMMUNITY OFFERING MANY TYPES OF GIVING OPPORTUNITIES FOR INDIVIDUALS, NONPROFITS, CORPORATIONS, FOUNDATIONS AND PROFESSIONAL ADVISORS. DONORS HAVE A WIDE ARRAY OF CHARITABLE FUNDING OPPORTUNITIES INCLUDING DONOR ADVISED, FIELD OF INTEREST, DISCRETIONARY, SCHOLARSHIP, DESIGNATED, AND AGENCY FUNDS THROUGH DIRECT CONTRIBUTIONS, BEQUESTS, CHARITABLE GIFT ANNUITIES AND OTHER TRUST ARRANGEMENTS. THIRTY-EIGHT NEW CHARITABLE FUNDS WERE INITIATED IN 2012. GIFTS TO NEW AND EXISTING FUNDS TOTALED $15,869,020.2) FINANCIAL MANAGEMENT OF ASSETS: THE FOUNDATION INVESTS CONTRIBUTED ASSETS IN A WIDE ARRAY OF INVESTMENT OPPORTUNITIES AND MAINTAINS INDIVIDUAL BALANCES IN EACH OF ITS 872 FUNDS. ASSET BALANCES WILL INCREASE/DECREASE BASED ON REALIZED AND UNREALIZED RETURNS ON INVESTMENTS. TPF'S ASSET BASE INCREASED 7% IN 2012 TO $310 MILLION.3) GRANTS AND SCHOLARSHIPS: THE FOUNDATION DISTRIBUTES PHILANTHROPIC DOLLARS TO THE COMMUNITY IN THE FORM OF GRANTS BASED ON THE INTENT OF THE DONOR WHEN ESTABLISHED. THE FOUNDATION AWARDED 1,865 GRANTS AND SCHOLARSHIPS FOR A TOTAL OF $19.8 MILLION, SUPPORTING OVER 1,100 COMMUNITY-BASED ORGANIZATION AND EDUCATIONAL INSTITUTIONS.4) DISCRETIONARY GRANTMAKING STRATEGY: THE PHILADELPHIA FOUNDATION IS COMMITTED TO IMPROVING THE INFRASTRUCTURE AND CAPACITY OF THE NONPROFIT COMMUNITY. TO FULFILL THIS GOAL, THE FOUNDATION AWARDS CAPACITY BUILDING AND ORGANIZATIONAL EFFECTIVENESS GRANTS TO THE NONPROFIT COMMUNITY AS WELL AS PROVIDE DIRECT TECHNICAL ASSISTANCE IN THE FORM OF WORKSHOPS. 5) ART EXHIBITS: TPF CONNECTS COMMUNITY ARTS GROUPS WITH PATRONS OF THE ARTS THROUGH TWO ART GALLERY EXHIBITIONS PER YEAR IN THE FOUNDATION'S OFFICE. TPF ALSO WORKS WITH GREATER PHILADELPHIA CULTURAL ALLIANCE IN DISTRIBUTING GRANTS TO THE ARTS AND CULTURAL SECTOR PROMOTING INNOVATIVE MARKETING STRATEGIES.6) ADMINISTRATION OF INITIATIVES: TPF IS ALSO RESPONSIBLE FOR THE IMPLEMENTATION OF A MENTORING/COACHING LITERACY PROGRAM, FUNDED BY THE ANNENBERG FOUNDATION, TO DEVELOP LITERACY SKILLS FOR TEACHERS IN SCHOOL DISTRICTS THROUGHOUT THE STATE OF PENNSYLVANIA.
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IRS990/GrantToRelatedPerson00
IRS990/GrossAmountSalesAssets/Securities070556456
IRS990/GrossReceipts093658451
IRS990/GrossRents/Real092890
IRS990/GroupReturnForAffiliates00
IRS990/Hospital00
IRS990/IndependentAuditFinancialStmt00
IRS990/IndoorTanningServices00
IRS990/InfoInScheduleOPartIII0X
IRS990/InfoInScheduleOPartVI0X
IRS990/InfoInScheduleOPartVII0X
IRS990/InfoInScheduleOPartXI0X
IRS990/InfoInScheduleOPartXII0X
IRS990/Insurance/Fundraising06268
IRS990/Insurance/ManagementAndGeneral010461
IRS990/Insurance/ProgramServices04417
IRS990/Insurance/Total021146
IRS990/InvestmentIncomeCurrentYear09286946
IRS990/InvestmentIncome/ExclusionAmount07098086
IRS990/InvestmentIncomePriorYear011371551
IRS990/InvestmentIncome/TotalRevenueColumn07140085
IRS990/InvestmentIncome/UnrelatedBusinessRevenue041999
IRS990/InvestmentInJointVenture00
IRS990/InvestmentsOtherSecurities/BOY052098560
IRS990/InvestmentsOtherSecurities/EOY034948465
IRS990/InvestmentsPubTradedSecurities/BOY0198316021
IRS990/InvestmentsPubTradedSecurities/EOY0210006131
IRS990/LandBldgEquipmentAccumDeprec0437578
IRS990/LandBuildingsEquipmentBasis0482270
IRS990/LandBuildingsEquipmentBasisNet/BOY056361
IRS990/LandBuildingsEquipmentBasisNet/EOY044692
IRS990/LessCostOthBasisSalesExpenses/Securities068409595
IRS990/LessRentalExpenses/Real00
IRS990/LoanToOfficerOrDQP00
IRS990/LobbyingActivities00
IRS990/LocalChapters00
IRS990/MaterialDiversionOrMisuse00
IRS990/MembersOrStockholders00
IRS990/MethodOfAccountingAccrual0X
IRS990/MinutesOfCommittees01
IRS990/MinutesOfGoverningBody01
IRS990/MissionDescription0MISSION: TPF BUILDS COMMUNITY THROUGH: BUILDING PHILANTHROPIC RESOURCES; MANAGING THOSE RESOURCES WELL; AND DISTRIBUTING THOSE RESOURCES EFFECTIVELY. WE FULFILL THAT MISSION BY: CONVENING, LEADING AND SUPPORTING; FOCUSING ON VULNERABLE POPULATIONS, OUR DONORS AND THE NONPROFIT SECTOR. OUR VISION: TPF ENVISIONS A FLOURISHING DELAWARE VALLEY MADE UP OF SAFE, THRIVING AND DIVERSE COMMUNITIES, STRENGTHENED BY A DYNAMIC AND ROBUST NONPROFIT SECTOR THAT IS CRITICAL TO OUR QUALITY OF LIFE, AND THAT INSPIRES CIVIC PARTICIPATION THROUGH PHILANTHROPY.OUR VALUES: WE ACHIEVE OUR MISSION BASED ON CERTAIN VALUES THAT ARE PARAMOUNT TO ALL THAT WE DO. THEY ARE (IN ORDER OF IMPORTANCE): TRUST, HOPE, AND EFFICIENCY.
IRS990/MoreThan5000KToIndividuals00
IRS990/MoreThan5000KToOrganizations00
IRS990/NameOfForeignCountry0CJ
IRS990/NameOfForeignCountry1CA
IRS990/NameOfPrincipalOfficerPerson0PATRICIA MELLER
IRS990/NbrIndependentVotingMembers016
IRS990/NbrVotingGoverningBodyMembers016
IRS990/NbrVotingMembersGoverningBody016
IRS990/NetAssetsOrFundBalancesBOY0279741350
IRS990/NetAssetsOrFundBalancesEOY0299230498
IRS990/NetGainOrLossInvestments/ExclusionAmount02146861
IRS990/NetGainOrLossInvestments/TotalRevenueColumn02146861
IRS990/NetRentalIncomeOrLoss/ExclusionAmount092890
IRS990/NetRentalIncomeOrLoss/TotalRevenueColumn092890
IRS990/NetUnrelatedBusinessTxblIncome0-21310
IRS990/NoncashContributions01102679
IRS990/NonDeductibleContributions00
IRS990/NumberFormsTransmittedWith1096023
IRS990/NumberIndependentVotingMembers016
IRS990/NumberIndividualsGT100K04
IRS990/NumberOfContractorsGT100K06
IRS990/NumberOfEmployees032
IRS990/NumberW2GIncluded00
IRS990/Occupancy/Fundraising064506
IRS990/Occupancy/ManagementAndGeneral0109182
IRS990/Occupancy/ProgramServices045463
IRS990/Occupancy/Total0219151
IRS990/OfficeExpenses/Fundraising04215
IRS990/OfficeExpenses/ManagementAndGeneral011126
IRS990/OfficeExpenses/ProgramServices06881
IRS990/OfficeExpenses/Total022222
IRS990/OfficerEntityWithBsnssRltnshp00
IRS990/OfficerMailingAddress00
IRS990/Organization501c30X
IRS990/OtherEmployeeBenefits/Fundraising045349
IRS990/OtherEmployeeBenefits/ManagementAndGeneral071929
IRS990/OtherEmployeeBenefits/ProgramServices028353
IRS990/OtherEmployeeBenefits/Total0145631
IRS990/OtherExpensePriorYear03653310
IRS990/OtherExpensesCurrentYear03766433
IRS990/OtherExpenses/Description0SPECIAL PROGRAM
IRS990/OtherExpenses/Description1EQUIPMENT RENTAL & MAIN
IRS990/OtherExpenses/Description2MEMBERSHIP AND DUES
IRS990/OtherExpenses/Description3PRINTING AND PUBLICATIO
IRS990/OtherExpenses/Fundraising052833
IRS990/OtherExpenses/Fundraising114310
IRS990/OtherExpenses/Fundraising228779
IRS990/OtherExpenses/ManagementAndGeneral094289
IRS990/OtherExpenses/ManagementAndGeneral122330
IRS990/OtherExpenses/ManagementAndGeneral25347
IRS990/OtherExpenses/ProgramServices01786149
IRS990/OtherExpenses/ProgramServices137236
IRS990/OtherExpenses/ProgramServices224999
IRS990/OtherExpenses/ProgramServices33251
IRS990/OtherExpenses/Total01786149
IRS990/OtherExpenses/Total1184358
IRS990/OtherExpenses/Total261639
IRS990/OtherExpenses/Total337377
IRS990/OtherLiabilities/BOY07873012
IRS990/OtherLiabilities/EOY09157473
IRS990/OtherRevenueCurrentYear092890

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$705$22.7$682$88.9$52.1$36.8
2023Detailed filing. Detailed filing data is available for this year.$631$25.7$605$57.3$54.3$3.08
2022Detailed filing. Detailed filing data is available for this year.$584$24.7$560$80.3$48.7$31.6
2021Detailed filing. Detailed filing data is available for this year.$669$24.5$645$72.7$61.2$11.4
2020Detailed filing. Detailed filing data is available for this year.$520$18.4$502$77.9$88.8$10.9
2019Detailed filing. Detailed filing data is available for this year.$497$19.0$478$66.7$34.7$32.0
2018Detailed filing. Detailed filing data is available for this year.$414$16.2$398$79.4$34.9$44.6
2017Detailed filing. Detailed filing data is available for this year.$404$15.6$388$59.8$26.7$33.1
2016Detailed filing. Detailed filing data is available for this year.$339$12.7$327$23.8$26.5$2.65
2015Detailed filing. Detailed filing data is available for this year.$336$15.2$321$30.8$31.0$0.21
2014Detailed filing. Detailed filing data is available for this year.$349$11.9$337$34.9$27.3$7.56
2013Detailed filing. Detailed filing data is available for this year.$343$11.6$331$31.1$25.4$5.77
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$310$10.6$299$25.8
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$289$9.66$280$22.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$299$10.1$289$20.5