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Filing year 2024

Independence Blue Cross Foundation

Philadelphia, Pennsylvania·EIN 36-4685801·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$4.5M
Total assets
$130.7M
Total expenses
$10.7M
Reported officers
13

Reported officers (all unpaid)

No paid executives reported in 2024. Independence Blue Cross Foundation reported 13 unpaid officers and board members on its 990-PF.

President/director
Treasurer
Secretary
Assistant Secretary
Secretary
Chairman of Board of Directors
Director
Director
Director
Director
Director
Director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$8.7M

Itemized grants

70

Median grant

$70k

RecipientLocationPurposeAmount
Trustees of the University of PennsylvaniaPhiladelphia, PACommunity Health; Healthcare Access; Health Workfo$952k
The Children's Hospital of Philadelphia FoundationPhiladelphia, PAHealthcare Access$530k
HealthShare Exchange of Southeastern PennsylvaniaPhiladelphia, PACommunity Health$500k
Delaware Valley Community Health IncPhiladelphia, PAHealthcare Access$340k
Drexel UniversityPhiladelphia, PACommunity Health; Healthcare Access; Health Workfo$306k
Greater Philadelphia Young Men's Christian AssociaConshohocken, PACommunity Health$280k
Villanova UniversityVillanova, PACommunity Health; Healthcare Access; Health Workfo$262k
Main Line Health IncRadnor, PACommunity Health$250k
Oshun Family CenterPhiladelphia, PACommunity Health$250k
Greater Philadelphia Health ActionPhiladelphia, PAHealthcare Access$235k
Kids Smiles IncNorwood, PAHealthcare Access$220k
Public Health Management CorporationPhiladelphia, PAHealthcare Access$200k
Widener UniversityChester, PAHealthcare Access; Health Workforce$196k
Saint Joseph's UniversityPhiladelphia, PACommunity Health; Health Workforce$190k
ChesPenn Health Services IncEddystone, PAHealthcare Access; Health Workforce$190k
Thomas Jefferson UniversityPhiladelphia, PAHealthcare Access; Health Workforce$187k
Esperanza Health Center IncPhiladelphia, PAHealthcare Access; Health Workforce$183k
Holy Family UniversityPhiladelphia, PAHealthcare Access; Health Workforce$167k
Neumann UniversityAston, PAHealthcare Access; Health Workforce$164k
Vision To LearnLos Angeles, CAHealthcare Access$160k
LCH Health and Community ServicesKennett Sq, PAHealthcare Access$150k
The Arc of PhiladelphiaPhiladelphia, PACommunity Health$145k
Fund for Girard CollegePhiladelphia, PAHealthcare Access$125k
Spectrum Health Services IncPhiladelphia, PAHealthcare Access$115k
Philadelphia College of Osteopathic Medicine FoundPhiladelphia, PAHealthcare Access$110k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

Independence Blue Cross Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$15.5M
$10.4M
2023
$4.5M
$10.7M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Pennsylvania

Independence Blue Cross Foundation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Pennsylvania earns a median of $8,510.

25th percentile
$3k
Median
$8,510
75th percentile
$28k
90th percentile
$76k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 4,067 organizations across 4,067 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Pennsylvania
FAQ

Common questions about Independence Blue Cross Foundation

What are Independence Blue Cross Foundation's revenue and expenses?

In 2024, Independence Blue Cross Foundation reported $4.5M in total revenue and $10.7M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.