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Filing year 2024

THE PHILADELPHIA FOUNDATION

Philadelphia, Pennsylvania·EIN 23-1581832·NTEE T310 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$88.9M
Total assets
$704.6M
Total expenses
$52.1M
Reported officers
24
Mission

SEE SCHEDULE O.PHILADELPHIA FOUNDATION IS ONE OF THE COUNTRY'S FIRST PUBLICLY SUPPORTED COMMUNITY FOUNDATIONS AND THE LARGEST DEVOTED TO IMPROVING LIVES IN GREATER PHILADELPHIA. FOR OVER A CENTURY, COMMUNITY MEMBERS, CIVIC AND BUSINESS SECTOR LEADERS, AND NONPROFIT ORGANIZATIONS HAVE TURNED TO US FOR PARTNERSHIP AND COLLABORATION IN RESPONDING TO COMMUNITY NEEDS AND CREATING OPPORTUNITIES FOR IMPACT.IN OUR WORK AS A CIVIC CATALYST, TRUSTED PARTNER, AND STRATEGIC PROBLEM-SOLVER ALL DETAILED BELOW WE SEEK TO STRENGTHEN THE ECONOMIC, SOCIAL, AND CIVIC VITALITY OF THE REGION. WE USE A ROBUST PORTFOLIO OF APPROACHES STRATEGIC LEADER, FUNDER, CONVENOR, RESOURCE AGGREGATOR, POLICY ADVOCATE TO ADVANCE THAT MISSION. OUR PHILOSOPHY IS THAT PROVIDING CIVIC AND COMMUNITY LEADERSHIP IS NECESSARY FOR EFFECTIVE PHILANTHROPIC LEADERSHIP.

Executive compensation, broken down

Form 990 · Part VII & Schedule J · 8 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations nationwide.

President & Ceo, Secretary
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Pennsylvania
$528k
$569k
Base
$451k
Bonus
Other
$774
Benefits
$29k
Chief Invest. Ofcr., CFO to Jun 2024
Above 90th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Pennsylvania
$258k
$277k
Base
$199k
Bonus
Other
$1k
Benefits
$37k
Chief Advancement Officer
Highest Compensated Employee
75th to 90th percentile
$232k
$249k
Base
$191k
Bonus
Other
Benefits
$40k
Chief of Staff
Highest Compensated Employee
75th to 90th percentile
$227k
$245k
Base
$170k
Bonus
Other
$774
Benefits
$38k
Exec. Director, Regional Foundation
Highest Compensated Employee
Median to 75th percentile
$193k
$208k
Base
$175k
Bonus
Other
Benefits
$1k
Director of Grants and Programs
Highest Compensated Employee
Median to 75th percentile
$170k
$183k
Base
$133k
Bonus
Other
Benefits
$23k
Dir. of Communications and Marketing
Highest Compensated Employee
Median to 75th percentile
$168k
$181k
Base
$152k
Bonus
Other
Benefits
$1k
Chief Financial & Admin. Officer
Median to 75th percentilevs Philanthropy, Voluntarism & Grantmaking peers in Pennsylvania
$129k
$138k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 16 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at THE PHILADELPHIA FOUNDATION equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
1%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 8%
from 2023

From $491k in 2023 to $528k in 2024.

$491k
2023
$528k
2024
In today's dollarsEst.
Up 4% in real terms$547k to $569k

Estimated with Philadelphia-Camden-Wilmington, PA-NJ-DE-MD metro-area CPI-U, restating filed pay into April 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 8% from 2023 to 2024, while revenue rose 55%.

$491k in 2023 to $528k in 2024.
  • Chief Financial Officer pay rose 2% from 2023 to 2024.
  • Highest Compensated Employee pay rose 13% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE PHILADELPHIA FOUNDATION

What does the Chief Executive Officer of THE PHILADELPHIA FOUNDATION earn?

In 2024, the Chief Executive Officer of THE PHILADELPHIA FOUNDATION received $528,416 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Pennsylvania: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at THE PHILADELPHIA FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Pennsylvania, the 2024 pay of the Chief Executive Officer at THE PHILADELPHIA FOUNDATION falls in the top 10%. In 2024, the highest total compensation at THE PHILADELPHIA FOUNDATION equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are THE PHILADELPHIA FOUNDATION's revenue and expenses?

In 2024, THE PHILADELPHIA FOUNDATION reported $88.9M in total revenue and $52.1M in total expenses on its IRS Form 990.

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