2022-09-12T14:18:48-05:00 2021-12-31 232108173 RKL LLP 3501 CONCORD ROAD STE 250 YORK PA 17402 990PF 2021-01-01 231352110 INDEPENDENCE FOUNDATION INDE 2159854009 200 SOUTH BROAD STREET 1101 PHILADELPHIA PA 19102 SUSAN SHERMAN PRESIDENT/CEO 2159854009 2022-07-08 1 SUSAN SHERMAN 999009999 DOUGLAS L BERMAN CPA P01269555 7178433804 2022-07-08 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z X 84515709 X X 1312 1312 2154871 2154871 3322726 6614183 3322726 16414 254 5495323 5479163 548522 267776 280746 488084 66852 421232 279921 90362 189559 62815 56534 6281 179362 53874 125488 68 0 0 2149 545 198167 50843 147324 4064 445 3619 230 58 172 213371 31840 181531 1976753 619129 1355952 4572503 4572503 6549256 619129 5928455 -1053933 4860034 434 434 434 559169 530502 530502 54806059 60798382 60798382 23073370 23055398 23055398 1126110 1087067 8492 39043 39043 271693 271693 91950 78719217 84695452 84515709 0 0 X 78719217 84695452 78719217 84695452 78719217 84695452 78719217 -1053933 7030168 84695452 0 84695452 SALE OF PUBLICLY TRADED SECURITIES 6614183 3291457 3322726 3322726 3322726 67554 0 67554 0 67554 60381 0 74867 0 135248 X 97 67597 67597 0 0 0 0 0 0 0 0 0 0 0 1 1 PA 0 0 0 0 0 1 WWW.INDEPENDENCEFOUNDATION.ORG THE ORGANIZATION 2159854009 200 SOUTH BROAD STREET 1101 PHILADELPHIA PA 19102 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 HON PHYLLIS W BECK 200 S BROAD STREET SUITE 1101 PHILADELPHIA PA 19102 BOARD CHAIR, CFO 40.00 225817 26825 0 SUSAN E SHERMAN 200 S BROAD STREET SUITE 1101 PHILADELPHIA PA 19102 PRESIDENT, CEO 40.00 322705 37568 0 ANDRE L DENNIS ESQUIRE 200 S BROAD STREET SUITE 1101 PHILADELPHIA PA 19102 VICE PRESIDENT 2.00 0 0 0 BARTON M SILVERMAN 200 S BROAD STREET SUITE 1101 PHILADELPHIA PA 19102 VICE PRESIDENT 2.00 0 0 0 CATHERINE C CARR 200 S BROAD STREET SUITE 1101 PHILADELPHIA PA 19102 SECRETARY 2.00 0 0 0 DERICK DREHER 200 S BROAD STREET SUITE 1101 PHILADELPHIA PA 19102 ASST. SECRETARY 2.00 0 0 0 LOREE JONES 200 S BROAD STREET SUITE 1101 PHILADELPHIA PA 19102 MEMBER 2.00 0 0 0 JENNIFER BOHNENBERGER 200 SOUTH BROAD STREET PHILADELPHIA PA 19102 CHIEF OPERATING OFFI 40.00 143358 58877 0 KATE E TEJADA 200 SOUTH BROAD STREET PHILADELPHIA PA 19102 OFFICE ADMINISTRATOR 40.00 76530 35217 0 HEATHER MCDANEL 200 SOUTH BROAD STREET PHILADELPHIA PA 19102 PEER LEARNING 40.00 92918 10221 0 ANN TORREGROSSA 200 SOUTH BROAD STREET PHILADELPHIA PA 19102 HEALTH & LEGAL SERVI 40.00 89609 9857 0 0 FOUNDATION SOURCE 55 WALLS DRIVE FAIRFIELD CT 06824 FOUNDATION MANAGEMENT SERVICES 85027 RKL LLP PO BOX 8408 LANCASTER PA 176048408 AUDIT/TAX SERVICES 62815 MILL CREEK CAPITAL ADVISORS LLC EIGHT TOWER BRIDGE 161 WASHINGTON ST SUITE 1500 CONSHOHOCKEN PA 19428 INVESTMENT FEES 53874 0 0 82332593 661707 115718 83110018 0 0 83110018 1246650 81863368 4093168 4093168 67554 67554 4025614 0 4025614 0 4025614 5928455 0 5928455 4025614 0 0 1524348 1155348 1286622 1416356 1522924 6905598 5928455 0 0 0 4025614 1902841 0 0 8808439 0 0 0 0 0 0 1524348 7284091 1155348 1286622 1416356 1522924 1902841 SUSAN E SHERMAN PRESIDENT INDEPENDE 200 SOUTH BROAD STREET SUITE 1101 PHILADELPHIA PA 19102 2159854009 INDEPENDENCE FOUNDATION DOES NOT ACCEPT UNSOLICITED PROPOSALS. EACH YEAR THE FOUNDATION SENDS OUT REQUEST FOR PROPOSALS (RFP) UNDER THE FOLLOWING CATEGORIES: CULTURE AND THE ARTS, HEALTH AND HUMAN SERVICES, PUBLIC INTEREST LEGAL AID, NURSE MANAGED HEALTH CARE INITIATIVE, PUBLIC INTEREST LAW FELLOWSHIP PROGRAM, AND FELLOWSHIPS IN THE ARTS PROGRAM. ORGANIZATIONS NOT PREVIOUSLY FUNDED BY THE FOUNDATION ARE ENCOURAGED TO SEND A TWO PAGE LETTER OF INQUIRY INCLUDING ORGANIZATIONAL BACKGROUND INFORMATION, AMOUNT BEING REQUESTED AND DESCRIPTION OF THE PROGRAM/SERVICES FOR WHICH THE FUNDS WILL BE USED. PLEASE NOTE THAT THE FOUNDATION'S FUNDING AREA IS RESTRICTED TO PHILADELPHIA AND ITS SURROUNDING PENNSYLVANIA COUNTIES: BUCKS, CHESTER, DELAWARE AND MONTGOMERY. THE FOUNDATION ESTABLISHES A GRANT CYCLE ON A YEARLY BASIS AND ALL DECISIONS ARE MADE IN CYCLE. LETTERS OF INQUIRY WILL BE REVIEWED FOR CONSISTENCY WITH CURRENT FUNDING PRIORITIES. SHOULD THE APPLICATION, AFTER REVIEW BY THE BOARD OF DIRECTORS, PROVE TO BE WITHIN THE SCOPE OF THE FOUNDATION'S INTERESTS, THE APPLICANT WILL BE ADVISED AND THE NECESSARY INTERVIEWS MAY BE ARRANGED PRIOR TO A FINAL DETERMINATION BY THE BOARD OF DIRECTORS. 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194013901 PC GENERAL SUPPORT 1000 NEIGHBORHOOD BIKE WORKS 3943 LANCASTER AVENUE PHILADELPHIA PA 191044667 PC GENERAL SUPPORT 1000 STUDENTS RUN PHILLY STYLE 1819 JOHN F KENNEDY BLVD STE 480 PHILADELPHIA PA 19103 PC GENERAL SUPPORT 1000 IT TAKES PHILLY ENCOURAGING AND EMPOWERING OUR CHILDREN TO AIM HIG 419 JOHNSON ST JENKINTOWN PA 190462705 PC BLACK DOCTORS CONSORTIUM 2000 ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA 1900 BENJAMIN FRANKLIN PARKWAY PHILADELPHIA PA 19103 PC GENERAL SUPPORT 2000 ARDEN THEATRE COMPANY 40 N 2ND ST PHILADELPHIA PA 191064504 PC TO BE ALLOCATED AS FOLLOWS: $2,000 FOR THE ANDREA MENGEL FUND, AND $2,000 UNRESTRICTED 4000 BROAD STREET MINISTRY PO BOX 22656 PHILADELPHIA PA 19110 PC GENERAL SUPPORT 1000 EASTERN STATE PENITENTIARY HISTORIC SITE INC 2027 FAIRMOUNT AVE PHILADELPHIA PA 191302610 PC GENERAL SUPPORT 1000 EDUCATION LAW CENTER - PA 1800 JFK BOULEVARD SUITE 1900A PHILADELPHIA PA 191037412 PC GENERAL SUPPORT 2000 THE FREE LIBRARY OF PHILADELPHIA 1901 VINE ST STE 111 PHILADELPHIA PA 19103 PC TO BENEFIT EXHIBITIONS AT THE CENTRAL LIBRARY 5000 ALBERT M GREENFIELD HOME AND SCHOOL ASSOCIATION INC 2200 CHESTNUT ST PHILADELPHIA PA 191034307 PC GENERAL SUPPORT 2000 PHILADELPHIA MUSEUM OF ART PO BOX 7646 PHILADELPHIA PA 191017646 PC GENERAL SUPPORT 2000 PHILLYKINDER 24 E STRATFORD AVE LANSDOWNE PA 190502024 PC GENERAL SUPPORT 2000 PLANNED PARENTHOOD SOUTHEASTERN PA 1144 LOCUST ST PHILADELPHIA PA 191076734 PC GENERAL SUPPORT 2000 WAGNER FREE INSTITUTE OF SCIENCE 1700 W MONTGOMERY AVE PHILADELPHIA PA 191213227 PC GENERAL SUPPORT 1000 PAINTED BRIDE ART CENTER INC 230 VINE ST PHILADELPHIA PA 191061213 PC THE COLORED GIRLS MUSEUM 1000 ROSENBACH MUSEUM AND LIBRARY 2008-2010 DELANCEY ST PHILADELPHIA PA 19103 PC $10,000 FOR THE ACQUISITION FUND; $5,000 UNRESTRICTED. 15000 ARDEN THEATRE COMPANY 40 N 2ND ST PHILADELPHIA PA 191064504 PC GENERAL SUPPORT 1000 BELOIT COLLEGE 700 COLLEGE ST BELOIT WI 535115509 PC ANNUAL FUND 1000 PLANNED PARENTHOOD SOUTHEASTERN PA 1144 LOCUST ST PHILADELPHIA PA 191076734 PC GENERAL SUPPORT 2000 WHY NOT PROSPER INC 717 E CHELTEN AVE PHILADELPHIA PA 191441206 PC GENERAL SUPPORT 1000 SHARE FOOD PROGRAM INC 2901 W HUNTING PARK AVE PHILADELPHIA PA 191291802 PC DELAWARE COUNTY FOOD BANK 2000 SPIRAL Q PUPPET THEATER 4100 HAVERFORD AVE PHILADELPHIA PA 191041708 PC GENERAL SUPPORT 1000 PLANNED PARENTHOOD OF GREATER TEXAS 7424 GREENVILLE AVE STE 206 DALLAS TX 752314534 PC GENERAL SUPPORT 2000 ARDEN THEATRE COMPANY 40 N 2ND ST PHILADELPHIA PA 191064504 PC ANDREA MENGEL FUND 1000 FRINGEARTS 140 N COLUMBUS BLVD PHILADELPHIA PA 19106 PC GENERAL SUPPORT 3000 GREATER PHILADELPHIA CULTURAL ALLIANCE 1315 WALNUT ST STE 732 PHILADELPHIA PA 191074733 PC GENERAL SUPPORT 1000 PIG IRON THEATRE COMPANY INC 1417 NORTH SECOND STREET PHILADELPHIA PA 191223859 PC GENERAL SUPPORT 2000 WOOSTER GROUP INC PO BOX 654 NEW YORK NY 100130654 PC GENERAL SUPPORT 3000 CLAY STUDIO 137-139 N 2ND ST PHILADELPHIA PA 19106 PC CLAY TOGETHER: TAKE US HOME 25000 ARDEN THEATRE COMPANY 40 N 2ND ST PHILADELPHIA PA 191064504 PC 2:1 CHALLENGE FOR THE SEAT NAMING CAMPAIGN 25000 PROJECT HOME 1515 FAIRMOUNT AVENUE PHILADELPHIA PA 191302936 PC $100,000/4 YEARS ($25,000 PER YEAR) 4:1 CHALLENGE GRANT FOR PEGS PLACE RESIDENCE. 25000 PROJECT HOME 1515 FAIRMOUNT AVENUE PHILADELPHIA PA 191302936 PC $100,000/4 YEARS ($25,000 PER YEAR) 4:1 CHALLENGE GRANT FOR PEGS PLACE RESIDENCE. 25000 PROJECT HOME 1515 FAIRMOUNT AVENUE PHILADELPHIA PA 191302936 PC $100,000/4 YEARS ($25,000 PER YEAR) 4:1 CHALLENGE GRANT FOR PEGS PLACE RESIDENCE. 25000 BROAD STREET MINISTRY PO BOX 22656 PHILADELPHIA PA 19110 PC BROAD STREET MINISTRY TRIAGE SPECIALIST 10000 CENTER FOR THE ADVOCACY FOR THE RIGHTS & INTERESTS OF THE ELDERLY 2 PENN CENTER PLAZA PHILADELPHIA PA 19110 PC PENNSYLVANIA LONG TERM SERVICES AND SUPPORTS COVID-19 ADVOCACY 50000 COMMUNITY COLLEGE OF PHILADELPHIA FOUNDATION 1700 SPRING GARDEN ST ANNEX 7TH FL PHILADELPHIA PA 191303991 PC 19130 ZIP CODE PROJECT AND DATA COLLECTION 25000 LCH HEALTH AND COMMUNITY SERVICES 731 W CYPRESS ST KENNETT SQ PA 193482419 PC CARE MANAGEMENT INITIATIVE 50000 PENNS VILLAGE 201 S 21ST ST PHILADELPHIA PA 191034806 PC GENERAL OPERATING SUPPORT 10000 PENNSYLVANIA HEALTH ACCESS NETWORK 1501 CHERRY ST PHILADELPHIA PA 191021403 PC ADVANCING EQUITY AND AFFORDABILITY IN HEALTHCARE DURING COVID 75000 PHILABUNDANCE 3616 S GALLOWAY STREET PHILADELPHIA PA 191485402 PC PHILABUNDANCE COMMUNITY KITCHEN (PCK) OPERATIONS 50000 PROJECT HOME 1515 FAIRMOUNT AVENUE PHILADELPHIA PA 191302936 PC SUPPORTIVE HEALTHCARE AT HUB OF HOPE, PREVENTION POINT AND STEPHEN KLEIN WELLNESS CENTER 75000 PUBLIC CITIZENS FOR CHILDREN AND YOUTH 900 SPRING GARDEN ST STE 200 PHILADELPHIA PA 19123 PC NEW PATHWAYS TO BEHAVIORAL HEALTH SERVICES WILL BOOST THE WELLNESS OF CHILDREN IN PHILADELPHIA 50000 RESOURCES FOR HUMAN DEVELOPMENT INC 4700 WISSAHICKON AVE STE 126 PHILADELPHIA PA 191444248 PC FPCN ANTI-RACISM INITIATIVE 25000 SOUTHEAST ASIAN MAA COALITION INC 1711 S BROAD ST PHILADELPHIA PA 191481505 PC HANSJORG WYSS WELLNESS CENTER 50000 THE VISITING NURSE ASSOCIATION OF GREATER PHILADELPHIA FALLS CENTER PHILADELPHIA PA 191481506 PC VACCINATING THE VULNERABLE 50000 URBAN AFFAIRS COALITION 1207 CHESTNUT STREET SUITE 700 PHILADELPHIA PA 191074101 PC THE CONVERSATION @ COLOURS 10000 VNA COMMUNITY SERVICES INC 1421 HIGHLAND AVE ABINGTON PA 190012610 PC ACCESS TO HEALTH BENEFITS AND SUPPORTS FOR UNINSURED VULNERABLE POPULATIONS 25000 PREVENTION POINT PHILADELPHIA INCORPORATED PO BOX 60990 PHILADELPHIA PA 19133 PC ENDING THE HIV EPIDEMIC (EHE) CLINIC 50000 KIMMEL CENTER INC 1500 WALNUT STREET FLOOR 17 PHILADELPHIA PA 191023523 PC BILL ROUSE FUND 10000 PENNS VILLAGE 201 S 21ST ST PHILADELPHIA PA 191034806 PC CHALLENGE GRANT FOR GENERAL OPERATING SUPPORT 5000 PEOPLES EMERGENCY CENTER 325 N 39TH ST PHILADELPHIA PA 191044656 PC QUARTERLY PAYMENT FOR LAURIE SMITH 18794 WOMENS CENTER OF MONTGOMERY COUNTY 2506 N BROAD STREET SUITE 203 COLMAR PA 18915 PC QUARTERLY PAYMENT FOR GIFTIE UMO 17672 LEGAL AID SOUTHEASTERN PENNSYLVANIA INC 625 SWEDE ST NORRISTOWN PA 194013901 PC QUARTERLY PAYMENT FOR LILY AUSTIN 21111 HIAS AND COUNCIL MIGRATION SERVICE OF PHILADELPHIA INC 2100 ARCH ST 3RD FLOOR PHILADELPHIA PA 19103 PC QUARTERLY PAYMENT FOR MATHEW DEFERDINANDO 18822 EDUCATION LAW CENTER - PA 1800 JFK BOULEVARD SUITE 1900A PHILADELPHIA PA 191037412 PC QUARTERLY PAYMENT FOR ASHLI GILES-PERKINS 21542 LEGAL CLINIC FOR THE DISABLED INC 1513 RACE ST PHILADELPHIA PA 191021125 PC QUARTERLY PAYMENT FOR ALEXANDRA ROBINSON 20792 SENIORLAW CENTER TWO PENN CTR 1500 JFK BLVD STE 1501 PHILADELPHIA PA 19102 PC QUARTERLY PAYMENT FOR VALERIE SNOW 21899 SUPPORT CENTER FOR CHILD ADVOCATES 1617 JFK BLVD STE 1200 PHILADELPHIA PA 19103 PC QUARTERLY PAYMENT FOR SYDNEY GROLL 20210 PHILADELPHIA LEGAL ASSISTANCE CENTER INC THE CAST IRON BUILDING 718 ARCH ST PHILADELPHIA PA 19106 PC QUARTERLY PAYMENT ANDRIA BIBILONI 20395 PENNSYLVANIA INSTITUTIONAL LAW PROJECT CAST IRON BLDG 718 ARCH ST NO 30 PHILADELPHIA PA 19106 PC QUARTERLY PAYMENT FOR SARAH BLEIBERG 20671 COMMUNITY LEGAL SERVICES INC 1424 CHESTNUT ST PHILADELPHIA PA 191022556 PC QUARTERLY PAYMENT FOR LAUREN DAVIS 21822 4572503 0 14 1312 14 2154871 18 3322726 MISC. REVENUE 01 254 REFUND OF TAX PAYMENTS 16160 0 5479163 16160 5495323 11B REFUND OF TAX PAYMENTS 0 0 0 0 0 0 0 0 0 0 ACCOUNTING FEES 62815 56534 6281 MILL CREEK FUNDS - FIXED INCOME 2794714 2794714 VANGUARD SHORT-TERM INVESTMENT GRADE FUND ADMIRAL SHARES 10391551 10391551 VANGUARD ULTRA SHORT-TERM INVESTMENT GRADE FUND ADMIRAL SHOARES 9869133 9869133 VANGAURD EMERGING MARKETS STOCK INDEX FUND SIGNAL SHARES 4 4 MILL CREEK FUNDS - DOMESTIC FUNDS 5296733 5296733 MILL CREEK FUNDS - INTERNATIONAL FUNDS 2746076 2746076 VANGUARD LARGE CAP INDEX FUND INSTITUTIONAL SHARES 14543895 14543895 VANGUARD GROWTH INDEX FUND INSTITUTIONAL SHARES 10563719 10563719 VANGUARD PRIMECAP CORE FUND 13901516 13901516 VANGUARD EURO 2076259 2076259 VANGUARD INTERNATION STOCK FUND 2146850 2146850 VANGUARD LARGE VALUE 2903297 2903297 S & P 500 VALUE FUND 6620033 6620033 LEASEHOLD IMPROVEMENTS 872805 866714 6091 6091 OFFICE EQUIPMENT 220605 219478 1127 1127 COMPUTER EQUIPMENT 32700 875 31825 31825 ARTWORK 271693 271693 91950 POSTAGE 1020 204 816 OFFICE SUPPLIES 13205 2641 10564 COMPUTER (HARD/SOFTWARE) 59454 15071 44383 OTHER INSURANCE 23534 11767 11767 REPAIRS & MAINTENANCE 453 115 338 DUES AND SUBSCRIPTIONS 10208 2042 8166 GRANT SUPPORT 105497 0 105497 MISC. REVENUE 254 254 254 REFUND OF TAX PAYMENTS 16160 16160 CURRENT YEAR UNREALIZED GAINS/LOSSES ON INVESTMENTS 7030168 INVESTMENT FEES 53874 53874 0 CONSULTING FEES 125488 0 125488 FEDERAL EXCISE TAX EXPENSE 68 0 0