Philadelphia Convention and Visitors Bureau Foundation

“The board of directors reviews the form 990 prior to filing.”

“The foundation has each board member sign a conflict of interest policy which is retained on file at the phlcvb. This disclosure is updated annually to detect any potential conflicts for the year. During board meetings, if conflicts arise, board members abstain from discussion and the vote.”

“Governing documents are made available to the public upon request.”

“Mission/purpose: the philadelphia convention and visitors bureau foundation ("foundation") was established in 2002 to conduct public, charitable, and educational activities and to attract additional support for those activities from foundations and the general public. The foundation has a 501(c)(3) tax-exempt status because its activities are charitable and educational. The mission of the philadelphia convention & visitors bureau foundation, in cooperation with the city of philadelphia and the commonwealth of pennsylvania, is to provide funding in support of activities that further the planning, coordinating, implementing, marketing and promotion of conventions, sporting events and overseas leisure tourism initiatives. The foundation's primary goal is to support activities that help position and promote philadelphia as a top-tier travel destination. Geographic scope: the primary geographic scope of the foundation is the greater philadelphia area. However, the objectives of the foundation do reach nationally and internationally as well. The main office of the foundation resides in that of the philadelphia convention & visitors bureau at 1601 market street, suite 200, philadelphia, pa 19103. The foundation is a wholly owned subsidiary of the phlcvb. All administrative and operational responsibilities are performed by the employees of the phlcvb and the board of the foundation is comprised of the top leadership of the phlcvb and a subsection of the phlcvb board of directors.”

“The nfl draft took place along the benjamin franklin parkway with the support of the city of philadelphia, the philadelphia eagles, the state of pennsylvania, the pennsylvania convention center, the philadelphia museum of art, the franklin institute, the philadelphia convention and visitors bureau, its business development division, phl sports, and a host of other civic and business partners. The 2017 nfl draft had a total estimated economic impact of 94.9m for philadelphia. The nfl draft also helped to support more than 30,000 jobs, which generated 38.5m in personal income. In addition, a total of 7.9m was generated in state and local taxes, including but not limited to, income tax, sales tax and hotel tax. During the three days of the 2017 nfl draft (april 27-29) total attendance was 250,000 which was the highest recorded attendance in nfl draft history. 182,058 were unique attendees, with some visitors attending the event on multiple days. 63% of nfl draft attendees were from out-of-town, with 17% choosing to stay overnight at paid accommodations. From the time the nfl draft was announced on september 1, 2016 through june 30, 2017, the phlcvb tracked more than 2,352 print, digital and broadcast stories about the nfl draft in philadelphia, which included a destination mention of the city. This coverage was secured in local, regional and national outlets and garnered 137.4 million media impressions. Along with a direct impact on the community, the phlcvb foundation, in partnership with the nfl draft host committee and the nfl, supported three legacy projects that will have a lasting, positive impact on philadelphia. One of those initiatives was a 50,000 donation made to the school district of philadelphia to support new flag football programs for the city's middle schools. Another legacy project was a 25,000 donation to urban roots to support sports programming, staffing and equipment at the newly renovated smith playground in south philadelphia. Finally, a 10,000 donation was given to simon's fund in support of its campaign to ensure that youth recreational facilities, including 18 philadelphia police athletic league centers, be equipped with automated external defibrillators (aeds) to aid in cases of sudden cardiac arrest.”

“In furtherance of those purposes, philadelphia also hosted the 2016 democratic national convention. The foundation was pleased that it was able to provide support to the local host committee for their various welcoming and beautification events during the convention.”