THE LENFEST INST FOR JOURNALISM SPE ASSET FUND OF THE PHL FOUNDATION: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- THE LENFEST INST FOR JOURNALISM SPE ASSET FUND OF THE PHL FOUNDATION (EIN 04-3731829)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-03
- IRS object ID
- 202543079349301754
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-03T10:09:46-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4 BATTERYMARCH PARK SUITE 100 | AddressLine1Txt |
| City | QUINCY | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 02169 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043731829 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LENFEST INSTITUTE FOR JOURNALISM | BusinessNameLine1Txt |
| Business Name Line2 | SPECIAL ASSET FUND OF TPF | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LENF | BusinessNameControlTxt |
| Phone | 2155636417 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1835 MARKET STREET 2410 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PEDRO A RAMOS | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 2155636417 | PhoneNum |
| Signature | 2025-10-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DANIELLE NIHILL | PreparerPersonNm |
| PTIN | P01350943 | PTIN |
| Phone | 7819821001 | PhoneNum |
| Preparation | 2025-10-30 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PEDRO A RAMOS | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1835 MARKET STREET 2410 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $37,329,393 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | N/A | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2002 | FormationYr |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Activity Or Mission | SUPPORT THE PHILADELPHIA FOUNDATION BY ENABLING QUALITY LOCAL JOURNALISM IN ITS COMMUNITIES | ActivityOrMissionDesc |
| Voting Members Governing Body | 30 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 28 | VotingMembersIndependentCnt |
| Total Employee | 19 | TotalEmployeeCnt |
| Total Volunteers | 33 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $29,834,389 | PYContributionsGrantsAmt |
| CY Contributions Grants | $21,531,115 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,059,008 | PYInvestmentIncomeAmt |
| CY Investment Income | $4,349,761 | CYInvestmentIncomeAmt |
| PY Other Revenue | $58,444 | PYOtherRevenueAmt |
| CY Other Revenue | $173,444 | CYOtherRevenueAmt |
| PY Total Revenue | $31,951,841 | PYTotalRevenueAmt |
| CY Total Revenue | $26,054,320 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $13,810,448 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $15,091,490 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,308,792 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,126,280 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $1,366,363 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,688,935 | PYOtherExpensesAmt |
| CY Other Expenses | $4,538,420 | CYOtherExpensesAmt |
| PY Total Expenses | $21,808,175 | PYTotalExpensesAmt |
| CY Total Expenses | $22,756,190 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $10,143,666 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,298,130 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $124,527,937 | TotalAssetsBOYAmt |
| Total Assets EOY | $133,928,628 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,788,099 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,672,646 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $120,739,838 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $128,255,982 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF THE LENFEST INSTITUTE FOR JOURNALISM SPECIAL ASSET FUND OF THE PHILADELPHIA FOUNDATION (THE INSTITUTE) IS TO RECEIVE, MANAGE, AND DISTRIBUTE ASSETS IN SUPPORT OF THE PHILADELPHIA FOUNDATION (TPF) BY ENABLING QUALITY LOCAL JOURNALISM THAT SERVES ITS COMMUNITIES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $20,019,632 | ExpenseAmt |
| Grant | $15,091,490 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | THE LENFEST INSTITUTE FOR JOURNALISM, LLC (LLC):THE LLC IS A DISREGARDED ENTITY OF THE INSTITUTE THAT SUPPORTS BOTH THE DIGITAL TRANSFORMATION OF HERITAGE NEWS ORGANIZATIONS AND THE ENTREPRENEURIAL EFFORTS OF YOUNG, INNOVATIVE COMPANIES. THE INSTITUTE BELIEVES THAT QUALITY CIVIC JOURNALISM REQUIRES NEW BUSINESS MODELS, POWERFUL INNOVATIONS AND GROWING, DIVERSE AUDIENCES TO ACHIEVE SUSTAINABILITY IN THE DIGITAL AGE. IT FUNDS PROGRAMS THAT PRODUCE HIGH-IMPACT JOURNALISM, INNOVATIVE NEWS TECHNOLOGY, AND THAT HELP LOCAL NEWS ORGANIZATIONS REACH NEW AUDIENCES AND DEVELOP SUSTAINABLE DIGITAL BUSINESS MODELS.(CONTINUED ON SCHEDULE O.)TO ACCOMPLISH THE ORGANIZATION'S EXEMPT PURPOSE, AND CREATE CLARITY OF FOCUS UNDERNEATH THE OVERARCHING PROGRAM OBJECTIVES, THREE CORE CATEGORIES HAVE BEEN DEVELOPED: NATIONAL, PHILADELPHIA, AND THE INQUIRER. THE FOLLOWING SPECIFIC PROGRAMMATIC ACTIVITIES AND ACCOMPLISHMENTS ALL SERVE THE OVERARCHING PROGRAMMATIC OBJECTIVES TO SUPPORT PROGRAMS THAT PRODUCE HIGH-IMPACT JOURNALISM, INNOVATE NEWS TECHNOLOGY, AND LEAD TO HIGHLY ENGAGED, DIVERSE AND GROWING AUDIENCES.THE PHILADELPHIA INQUIRER:THE LENFEST INSTITUTE IS THE NONPROFIT, NON-CONTROLLING OWNER OF THE PHILADELPHIA INQUIRER, WHICH IS NOW THE LARGEST NEWSPAPER IN AMERICA OPERATED AS A PUBLIC-BENEFIT CORPORATION. THE INSTITUTE'S OWNERSHIP OF THE INQUIRER, WHICH COVERS ONE OF THE LARGEST, MOST DIVERSE METRO REGIONS IN THE COUNTRY, IS THE CORNERSTONE OF ITS ENTHUSIASTIC INVESTMENT IN LOCAL NEWS.THE PHILADELPHIA NEWS ECOSYSTEM:IN THE PHILADELPHIA AREA, THE INSTITUTE FACILITATES A COLLABORATIVE NEWS AND INFORMATION ECOSYSTEM THAT BUILDS ON VALUABLE HISTORY WHILE ALSO FOSTERING ENTREPRENEURIAL VISION AND INNOVATION. DIVERSITY AND REPRESENTATION ARE CRITICAL COMPONENTS OF POSITIVE BUSINESS OUTCOMES. THE INSTITUTE IS WORKING TO DEFINE DIFFERENT PATHWAYS TO SUSTAINABILITY FOR PUBLISHERS WHILE ALSO ENSURING A DIVERSITY OF REPRESENTATIVE VOICES AND LEADERSHIP IN BOTH LEGACY AND INDEPENDENT MEDIA REFLECTIVE OF THE COMMUNITIES THEY ARE SERVING. SPOTLIGHT PA:SPOTLIGHT PA, THE HARRISBURG NEWSROOM LAUNCHED BY THE LENFEST INSTITUTE AND THE PHILADELPHIA INQUIRER, CREATES HIGH-QUALITY NONPARTISAN INVESTIGATIVE AND ACCOUNTABILITY REPORTING FOR THE BENEFIT OF ALL PENNSYLVANIANS. IT PROVIDES ITS REPORTING FREE-OF-CHARGE TO MORE THAN 80 OTHER NEWSPAPERS, PUBLIC RADIO STATIONS, AND WEBSITES THROUGHOUT THE COMMONWEALTH. AS THE STEWARD OF BOTH THE INQUIRER AND SPOTLIGHT PA, THE INSTITUTE IS BLAZING A UNIQUE PATH BY SERVING LEGACY PUBLISHERS AND DIGITAL START-UPS AS THEY AIM TO FILL GAPS AND SERVE NEW AND UNDERREPRESENTED AUDIENCES. NATIONAL SOLUTIONS FOR LOCAL NEWS:NATIONALLY, THE INSTITUTE LEVERAGES ITS INSTITUTIONAL EXPERTISE AND RESOURCES TO FACILITATE CAPACITY BUILDING FOR LOCAL NEWS PUBLISHERS THROUGH TRAINING PROGRAMS AND GRANTMAKING TO SUPPORT THE IMPLEMENTATION OF BUSINESS MODEL BEST PRACTICES. OTHER PROGRAM ACTIVITIES:THE INSTITUTE SUPPORTS BOTH THE DIGITAL TRANSFORMATION OF HERITAGE NEWS ORGANIZATIONS AND THE ENTREPRENEURIAL EFFORTS OF YOUNG, INNOVATIVE COMPANIES. OTHER PROGRAM ACTIVITIES INCLUDE CONVENING, ADVISORY WORK, LEARNINGS SEMINARS, RESEARCH AND OTHER OUTREACH IN SUPPORT OF LOCAL JOURNALISM. | Desc |
| Total Program Service Expenses | $20,019,632 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | 0 | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 65 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 19 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 30 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 28 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (1) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KAREN CLEARY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2155636417 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1835 MARKET STREET 2410 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19103 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (40 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| JAMES FRIEDLICH | |||||||||
| CHIEF EXECUTIVE OFFICER - LLC | 37.00 | 0.00 | Yes (X) | Yes (X) | $553,995 | $0 | $87,579 | ||
| PEDRO A RAMOS | |||||||||
| SECRETARY, PRESIDENT & CEO | 1.20 | 37.10 | Yes (X) | Yes (X) | $0 | $451,338 | $77,078 | ||
| ANNIE MADONIA | |||||||||
| CHIEF ADVANCEMENT OFFICER - LLC | 37.00 | 0.00 | $291,759 | $0 | $89,063 | Yes (X) | |||
| KEN HERTS | |||||||||
| CHIEF OPERATING OFFICER - LLC | 37.00 | 0.00 | Yes (X) | $316,150 | $0 | $36,971 | |||
| ORLANDO ESPOSITO | |||||||||
| TPF CHIEF FINANCIAL OFCR TO JUN 2024 | 1.00 | 35.10 | Yes (X) | $0 | $200,568 | $57,029 | |||
| SHAWN MOORING | |||||||||
| HEAD OF PHILADELPHIA PROGRAMS - LLC | 35.00 | 0.00 | $173,941 | $0 | $48,388 | Yes (X) | |||
| REBECCA FORMAN | |||||||||
| HEAD OF DEVEL & DONOR RELATIONS -LLC | 35.00 | 0.00 | $189,326 | $0 | $27,789 | Yes (X) | |||
| KAREN CLEARY | |||||||||
| CHIEF FINANCIAL OFFICER - LLC | 28.00 | 0.00 | Yes (X) | $145,764 | $0 | $47,810 | |||
| JOSEPH LICHTERMAN | |||||||||
| HEAD OF EDITORIAL AND COMMS - LLC | 35.00 | 0.00 | $143,334 | $0 | $15,931 | Yes (X) | |||
| KAREN MORRIS | |||||||||
| CONTROLLER - LLC | 35.00 | 0.00 | $114,162 | $0 | $20,337 | Yes (X) | |||
| CHRISTINE CONTI | |||||||||
| TPF CHIEF FINANCIAL & ADMIN OFFICER | 1.00 | 35.10 | Yes (X) | $0 | $116,827 | $11,683 | |||
| JACQUELINE GALIANI | |||||||||
| HUMAN RESOURCES MANAGER - LLC | 35.00 | 0.00 | $105,029 | $0 | $11,568 | Yes (X) | |||
| LON GREENBERG | |||||||||
| CHAIR | 1.00 | 4.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM J BURKE | |||||||||
| TREASURER | 1.00 | 4.30 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ROSALIND REMER | |||||||||
| CHAIR - LLC | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL X DELLI CARPINI PHD | |||||||||
| VICE CHAIR - LLC | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| KATE ALLISON | |||||||||
| BOARD MEMBER | 1.00 | 2.30 | Yes (X) | $0 | $0 | $0 | |||
| HOLLY FLANAGAN | |||||||||
| BOARD MEMBER | 1.00 | 2.30 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTINA MESIRES FOURNARIS | |||||||||
| BOARD MEMBER | 1.00 | 2.30 | Yes (X) | $0 | $0 | $0 | |||
| WILLIAM P HANKOWSKY | |||||||||
| BOARD MEMBER | 1.00 | 2.30 | Yes (X) | $0 | $0 | $0 | |||
| DIXIEANNE JAMES | |||||||||
| BOARD MEMBER | 1.00 | 2.30 | Yes (X) | $0 | $0 | $0 | |||
| ALDUSTUS AJ JORDAN | |||||||||
| BOARD MEMBER | 1.00 | 2.30 | Yes (X) | $0 | $0 | $0 | |||
| SHIRIN KARSAN | |||||||||
| BOARD MEMBER | 1.00 | 2.30 | Yes (X) | $0 | $0 | $0 | |||
| SHARMAIN MATLOCK-TURNER | |||||||||
| BOARD MEMBER | 1.00 | 2.30 | Yes (X) | $0 | $0 | $0 | |||
| EVELYN MCNIFF | |||||||||
| BOARD MEMBER | 1.00 | 2.30 | Yes (X) | $0 | $0 | $0 | |||
| MICHAEL K PEARSON | |||||||||
| BOARD MEMBER | 1.00 | 2.30 | Yes (X) | $0 | $0 | $0 | |||
| WENDELL PRITCHETT | |||||||||
| BOARD MEMBER | 1.00 | 2.30 | Yes (X) | $0 | $0 | $0 | |||
| ANDREW ROGOFF | |||||||||
| BOARD MEMBER | 1.00 | 2.30 | Yes (X) | $0 | $0 | $0 | |||
| JANE SCACCETTI | |||||||||
| BOARD MEMBER | 1.00 | 2.30 | Yes (X) | $0 | $0 | $0 | |||
| EVAN URBANIA | |||||||||
| BOARD MEMBER | 1.00 | 2.30 | Yes (X) | $0 | $0 | $0 | |||
| ELLEN SINIS BADGER | |||||||||
| MANAGER - LLC | 1.00 | 2.30 | Yes (X) | $0 | $0 | $0 | |||
| DAVID BOARDMAN | |||||||||
| MANAGER - LLC | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| LASHARAH BUNTING | |||||||||
| MANAGER - LLC | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID HAAS | |||||||||
| MANAGER - LLC | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ERRIN HAINES | |||||||||
| MANAGER - LLC | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KEITH LEAPHART | |||||||||
| MANAGER - LLC | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SHELTON MERCER III | |||||||||
| MANAGER - LLC | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| HONG QU | |||||||||
| MANAGER - LLC | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SULAIMAN RAHMAN | |||||||||
| MANAGER - LLC | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| VIJAY RAVINDRAN | |||||||||
| MANAGER - LLC | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $2,033,460 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $768,733 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $531,226 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 9 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| AUTOMATTIC INC | |||||
| PO BOX 742771 | LOS ANGELES | CA | 900742771 | SUPPORT SERVICES TO LOCAL NEWS ORGS | $1,240,000 |
| BLUE LENA | |||||
| 306 AMBERMORE PLACE | CARY | NC | 27519 | SUPPORT SERVICES TO LOCAL NEWS ORGS | $795,000 |
| DAVID CHIVERS | |||||
| 5411 ROBERTSON DRIVE | DES MOINES | IA | 50312 | LENFEST AI FELLOW PROGRAM LEAD SVCS | $196,861 |
| LOVE NOW LLC | |||||
| 3922 NICO LANE | COLLEGEVILLE | PA | 19146 | SUPPORT FOR PHILA MEDIA FOUNDERS EXCH | $164,459 |
| VANGUARD INSTITUTIONAL ADVISORY SERVICES | |||||
| PO BOX 3009 | MONROE | WI | 535668309 | INVESTMENT MANAGEMENT SERVICES | $121,915 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 7 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $169,500 | RelatedOrganizationsAmt |
| All Other Contributions | $21,361,615 | AllOtherContributionsAmt |
| Total Contributions | $21,531,115 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,397,957 | TotalRevenueColumnAmt |
| Exclusion | $3,397,957 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $12,225,634 | SecuritiesAmt |
| Other | $1,243 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $11,273,553 | SecuritiesAmt |
| Other | $1,520 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $952,081 | SecuritiesAmt |
| Other | -$277 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $951,804 | TotalRevenueColumnAmt |
| Exclusion | $951,804 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEE FOR SERVICE INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $173,444 | TotalRevenueColumnAmt |
| Exclusion | $173,444 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $173,444 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $26,054,320 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $4,523,205 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,991,490 | TotalAmt |
| Program Services | $14,991,490 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,000 | TotalAmt |
| Program Services | $100,000 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,554,714 | TotalAmt |
| Program Services | $541,118 | ProgramServicesAmt |
| Management And General | $370,023 | ManagementAndGeneralAmt |
| Fundraising | $643,573 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,303,999 | TotalAmt |
| Program Services | $716,387 | ProgramServicesAmt |
| Management And General | $191,324 | ManagementAndGeneralAmt |
| Fundraising | $396,288 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,932 | TotalAmt |
| Program Services | $30,575 | ProgramServicesAmt |
| Management And General | $8,335 | ManagementAndGeneralAmt |
| Fundraising | $19,022 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $55,144 | TotalAmt |
| Program Services | $34,110 | ProgramServicesAmt |
| Management And General | $6,666 | ManagementAndGeneralAmt |
| Fundraising | $14,368 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $154,491 | TotalAmt |
| Program Services | $71,306 | ProgramServicesAmt |
| Management And General | $31,435 | ManagementAndGeneralAmt |
| Fundraising | $51,750 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $75,570 | TotalAmt |
| Management And General | $75,570 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,459 | TotalAmt |
| Management And General | $63,459 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $121,915 | TotalAmt |
| Management And General | $121,915 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,384,352 | TotalAmt |
| Program Services | $2,986,327 | ProgramServicesAmt |
| Management And General | $347,043 | ManagementAndGeneralAmt |
| Fundraising | $50,982 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,785 | TotalAmt |
| Program Services | $11,513 | ProgramServicesAmt |
| Management And General | $956 | ManagementAndGeneralAmt |
| Fundraising | $1,316 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,630 | TotalAmt |
| Program Services | $9,893 | ProgramServicesAmt |
| Management And General | $23,495 | ManagementAndGeneralAmt |
| Fundraising | $28,242 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $113,463 | TotalAmt |
| Program Services | $53,912 | ProgramServicesAmt |
| Management And General | $26,937 | ManagementAndGeneralAmt |
| Fundraising | $32,614 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,805 | TotalAmt |
| Program Services | $31,521 | ProgramServicesAmt |
| Management And General | $24,517 | ManagementAndGeneralAmt |
| Fundraising | $33,767 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $127,848 | TotalAmt |
| Program Services | $69,603 | ProgramServicesAmt |
| Management And General | $19,158 | ManagementAndGeneralAmt |
| Fundraising | $39,087 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $319,740 | TotalAmt |
| Program Services | $261,479 | ProgramServicesAmt |
| Management And General | $14,858 | ManagementAndGeneralAmt |
| Fundraising | $43,403 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,073 | TotalAmt |
| Program Services | $4,939 | ProgramServicesAmt |
| Management And General | $3,842 | ManagementAndGeneralAmt |
| Fundraising | $5,292 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,839 | TotalAmt |
| Management And General | $34,839 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PROGRAM EXPENSES | $100,255 | $100,255 | ||
| MEMBERSHIP DUES | $17,686 | $5,204 | $5,823 | $6,659 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,756,190 | TotalAmt |
| Program Services | $20,019,632 | ProgramServicesAmt |
| Management And General | $1,370,195 | ManagementAndGeneralAmt |
| Fundraising | $1,366,363 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $139,836 | BOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,243,859 | BOYAmt |
| EOY | $9,610,895 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,839,545 | BOYAmt |
| EOY | $14,878,934 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,176 | BOYAmt |
| EOY | $30,874 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $121,270 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $27,861 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $100,904 | BOYAmt |
| EOY | $93,409 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $81,598,889 | BOYAmt |
| EOY | $94,802,559 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,858,614 | BOYAmt |
| EOY | $13,858,614 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $714,114 | BOYAmt |
| EOY | $653,343 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $124,527,937 | BOYAmt |
| EOY | $133,928,628 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,432,854 | BOYAmt |
| EOY | $1,326,856 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,628,754 | BOYAmt |
| EOY | $3,668,682 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $726,491 | BOYAmt |
| EOY | $677,108 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,788,099 | BOYAmt |
| EOY | $5,672,646 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,301,963 | BOYAmt |
| EOY | $31,690,173 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $88,437,875 | BOYAmt |
| EOY | $96,565,809 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $120,739,838 | BOYAmt |
| EOY | $128,255,982 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $124,527,937 | BOYAmt |
| EOY | $133,928,628 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $3,298,130 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $4,218,014 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consol And Sep Basis Fincl Stmt | Yes (X) | ConsolAndSepBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PHILADELPHIA FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 231581832 | EIN |
| Organization Type | 8 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $20,019,632 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $20,019,632 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $63,295,417 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $7,030,702 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,651,433 | OtherExpendituresAmt |
| Administrative Expenses | $85,579 | AdministrativeExpensesAmt |
| End Year Balance | $65,589,107 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $59,234,718 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $8,777,362 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,624,943 | OtherExpendituresAmt |
| Administrative Expenses | $91,720 | AdministrativeExpensesAmt |
| End Year Balance | $63,295,417 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $69,667,433 | BeginningYearBalanceAmt |
| Contributions | $298,283 | ContributionsAmt |
| Investment Earnings Or Losses | -$10,631,561 | InvestmentEarningsOrLossesAmt |
| Administrative Expenses | $99,437 | AdministrativeExpensesAmt |
| End Year Balance | $59,234,718 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $65,927,907 | BeginningYearBalanceAmt |
| Contributions | $1,300,000 | ContributionsAmt |
| Investment Earnings Or Losses | $6,758,130 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,215,414 | OtherExpendituresAmt |
| Administrative Expenses | $103,190 | AdministrativeExpensesAmt |
| End Year Balance | $69,667,433 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $63,938,879 | BeginningYearBalanceAmt |
| Contributions | $1,400,000 | ContributionsAmt |
| Investment Earnings Or Losses | $5,515,791 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $4,750,825 | OtherExpendituresAmt |
| Administrative Expenses | $175,938 | AdministrativeExpensesAmt |
| End Year Balance | $65,927,907 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.85550 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.14450 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $33,328 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,666 | DepreciationAmt |
| Book Value | $26,662 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $39,268 | OtherCostOrOtherBasisAmt |
| Depreciation | $11,460 | DepreciationAmt |
| Book Value | $27,808 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $48,674 | OtherCostOrOtherBasisAmt |
| Depreciation | $9,735 | DepreciationAmt |
| Book Value | $38,939 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $93,409 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | THE PHILADELPHIA INQUIRER, PBC - NONVOTING SHARES | Desc |
| Book Value | $13,858,614 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $13,858,614 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE LIABILITY | Desc |
| Amt | $677,108 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $677,108 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $30,150,419 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $4,218,014 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $4,218,014 | RevenueNotReportedAmt |
| Revenue Subtotal | $25,932,405 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $121,915 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $121,915 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $26,054,320 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $22,634,275 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $22,634,275 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $121,915 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $121,915 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $22,756,190 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART V, LINE 4: | FormAndLineReferenceDesc |
| Explanation | THE PURPOSE OF THE PERMANENTLY RESTRICTED ENDOWMENT IS TO SUPPORT CURRENT OPERATIONS THROUGH A TOTAL RETURN INVESTMENT STRATEGY AND A SPENDING POLICY SET TO MAINTAIN, AND IDEALLY INCREASE THE PURCHASING POWER OF THE ENDOWMENT WHILE PUTTING THE PRINCIPAL VALUE OF THESE FUNDS AT MINIMAL RISK. THE TEMPORARILY RESTRICTED ENDOWMENT FUNDS ARE RESTRICTED TO SUPPORT THE INQUIRER'S TRANSITION TO DIGITAL NEWS DELIVERY. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (97 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt | IRC SectionIRCSectionDesc |
|---|---|---|---|---|---|---|---|---|---|
| THE PHILADELPHIA INQUIRER | |||||||||
| 100 SOUTH INDEPENDENCE MALL WEST | SUITE 600 | PHILADELPHIA | PA | 19107 | 455415437 | $7,847,500 | $0 | THE INSTITUTE IS SUPPORTING THE INQUIRERS TRANSITION FROM A TRADITIONAL PRINTED NEWSPAPER TO AN ECONOMICALLY SUSTAINABLE, PRIMARILY DIGITAL, EQUITABLE NEWS ENTERPRISE. A SERIES OF GRANTS WERE MADE TO THE INQUIRER TO FUND (A) HIGH IMPACT JOURNALISM, INCLUDING WORK BY ITS INVESTIGATIVE TEAM, SPOTLIGHT PA AND HEALTH COVERAGE AND (B) NEWS TECHNOLOGY AND PRODUCT IMPROVEMENTS, INCLUDING A GRANT FOR DIGITAL TRANSFORMATION ACCELERATION, BRAND DEVELOPMENT, TECHNOLOGY FOR AUDIENCE GROWTH, DIGITAL SUBSCRIPTION PROCESS IMPROVEMENTS, AND OTHER TECHNOLOGY SUPPORT. | |
| 2PUNTOS PLATFORM | |||||||||
| 5 DENNING LANE | DELANCO | NJ | 08075 | 990924258 | $40,000 | $0 | (A) = $40,000 | 501(C)(3) | |
| ASIAN AMERICAN JOURNALISTS ASSOCIATION | |||||||||
| 228 VALLEY GLEN LANE | MARTINEZ | CA | 94553 | 953755203 | $12,500 | $0 | (B) = $12,500 | 501(C)(3) | |
| BIG PICTURE ALLIANCE | |||||||||
| 1315 WALNUT STREET SUITE 133 | PHILADELPHIA | PA | 19107 | 232032930 | $50,000 | $0 | (A) = $50,000 | 501(C)(3) | |
| BLACK FARMERS INDEX | |||||||||
| 200 BAXTER STREET | LAFAYETTE | LA | 70501 | 852297065 | $7,685 | $0 | (C) = $7,685 | 501(C)(3) | |
| BORDERLESS MAGAZINE NFP | |||||||||
| 4753 N BROADWAY 2ND FLOOR | CHICAGO | IL | 60640 | 831266434 | $20,000 | $0 | (D) = $20,000 | 501(C)(3) | |
| BUILD OUR LIVES TOGETHER INC | |||||||||
| 439 GASKILL STREET | PHILADELPHIA | PA | 19147 | 873101920 | $25,000 | $0 | (E) = $25,000 | 501(C)(3) | |
| CAMBRIDGE ARTIFICIAL INTELLIGENCE INC | |||||||||
| 31 BRADFORD ROAD | WELLESLEY | MA | 02481 | 993822621 | $475,000 | $0 | (F) = $475,000 | 501(C)(3) | |
| CEIBA | |||||||||
| 174 DIAMOND STREET | PHILADELPHIA | PA | 19122 | 232732783 | $30,000 | $0 | (E) = $30,000 | 501(C)(3) | |
| CHICAGO PUBLIC MEDIA INC | |||||||||
| 848 E GRAND AVE NAVY PIER | CHICAGO | IL | 60611 | 363687394 | $500,000 | $0 | (G) = $500,000 | 501(C)(3) | |
| CHILDREN FIRST PA | |||||||||
| 990 SPRING GARDEN STREET SUITE 200 | PHILADELPHIA | PA | 19123 | 232137461 | $10,000 | $0 | (E) = $10,000 | 501(C)(3) | |
| C2 CONSULTING SERVICES LLCCITY ATHLETICS COMMUNITY PARTNERS | |||||||||
| 1222 N 27TH STREET | PHILADELPHIA | PA | 19121 | 851994985 | $10,000 | $0 | (E) = $10,000 | ||
| CITYSIDE JOURNALISM INITIATIVE | |||||||||
| 2120 UNIVERSITY AVE | BERKELEY | CA | 94704 | 843448887 | $25,000 | $0 | (H) = $25,000 | 501(C)(3) | |
| CIVIC CAPITAL CONSULTING | |||||||||
| 1028 BELL AVENUE | YEADON | PA | 19050 | 901707595 | $125,000 | $0 | (A) = $75,000, (J) = $50,000 | ||
| CIVIC NEWS COMPANY | |||||||||
| 450 7TH AVE 32ND FLOOR | NEW YORK | NY | 10123 | 900915846 | $50,000 | $0 | (A) = $50,000 | 501(C)(3) | |
| CMPRADIO FOUNDATION | |||||||||
| 305 E 24TH STREET | CHESTER | PA | 19013 | 833317763 | $50,000 | $0 | (J) = $50,000 | 501(C)(3) | |
| COMMITTEE OF SEVENTY | |||||||||
| 123 SOUTH BROAD STREET SUITE 1800 | PHILADELPHIA | PA | 19109 | 230487205 | $25,000 | $0 | (E) = $25,000 | 501(C)(3) | |
| CONGRESO DE LATINOS UNIDOS INC | |||||||||
| 216 WEST SOMERSET STREET | PHILADELPHIA | PA | 19133 | 232051143 | $50,000 | $0 | (E) = $50,000 | 501(C)(3) | |
| CULTURETRUST PHILADALPHIA | |||||||||
| 1315 WALNUT STREET SUITE 320 | PHILADELPHIA | PA | 19107 | 463109411 | $90,000 | $0 | (A) = $50,000, (E) = $30,000, (K) = $10,000 | 501(C)(3) | |
| DAYONENOTDAYTWO | |||||||||
| 744 SOUTH STREET 1074 | PHILADELPHIA | PA | 19147 | 883457256 | $50,000 | $0 | (A) = $50,000 | 501(C)(3) | |
| DELAWARE COMMUNITY FOUNDATION INC | |||||||||
| PO BOX 1636 | WILMINGTON | DE | 19899 | 222804785 | $150,000 | $0 | (L) = $150,000 | 501(C)(3) | |
| DOCUMENTED LTD | |||||||||
| PO BOX 924 | NEW YORK | NY | 10272 | 833036502 | $20,000 | $0 | (D) = $20,000 | 501(C)(3) | |
| EASTER SEALS OF SOUTHEASTERN PENNSYLVANIA | |||||||||
| 3975 CONSHOHOCKEN AVENUE | PHILADELPHIA | PA | 19131 | 231352293 | $20,000 | $0 | (E) = $20,000 | 501(C)(3) | |
| ECONOMY LEAGUE OF GREATER PHILADELPHIA | |||||||||
| 1800 JFK BLVD SUITE 460 | PHILADELPHIA | PA | 19103 | 231352264 | $75,000 | $0 | (E) = $75,000 | 501(C)(3) | |
| CENTRO INTEGRAL DE LA MUJER TIERRA | |||||||||
| 427 VAN KIRK STREET | PHILADELPHIA | PA | 191201120 | 873591408 | $30,000 | $0 | (A) = $30,000 | 501(C)(3) | |
| ELEVATE 215 | |||||||||
| 123 SOUTH BROAD STREET SUITE 1170 | PHILADELPHIA | PA | 19109 | 273097212 | $25,000 | $0 | (E) = $25,000 | 501(C)(3) | |
| ENON TABERNACLE BAPTIST CHURCH | |||||||||
| 2800 W CHELTENHAM AVENUE | PHILADELPHIA | PA | 19150 | 920194648 | $30,000 | $0 | (E) = $30,000 | ||
| EPISCOPAL COMMUNITY SERVICES OF THE DIOCESE OF PA | |||||||||
| 1028 BELL AVENUE | YEADON | PA | 19050 | 901707595 | $10,000 | $0 | (E) = $10,000 | ||
| FEDERATION OF NEIGHBORHOOD CENTERS INC | |||||||||
| 1901 SOUTH 9TH STREET SUITE 212 | PHILADELPHIA | PA | 19148 | 231630073 | $325,000 | $0 | (A) = $130,000, (E) = $15,000, (M) = $100,000, (N) = $80,000 | 501(C)(3) | |
| FUNTIMES MAGAZINE LLC | |||||||||
| 1226 N 52ND STREET | PHILADELPHIA | PA | 19131 | 800583176 | $107,500 | $0 | (A) = $60,000, (I) = $47,500 | ||
| GLENNOAKS MEDIA LLC | |||||||||
| PO BOX 30711 | CHARLOTTE | NC | 28230 | 262747371 | $20,000 | $0 | (D) = $20,000 | ||
| GREATER DAYS AHEAD INC | |||||||||
| 236 WEST WALNUT LANE B106 | PHILADELPHIA | PA | 19144 | 464679374 | $10,000 | $0 | (E) = $10,000 | ||
| IHEARTMEDIA ENTERTAINMENT INC | |||||||||
| 5180 GOLDEN FOOTHILL PARKWAY STE | 120 | EL DORADO HILLA | CA | 95762 | 742722883 | $50,000 | $0 | (A) = $50,000 | |
| INDONESIAN LANTERN MEDIA LLC | |||||||||
| 2114 S DORRANCE STREET | PHILADELPHIA | PA | 19145 | 466321883 | $70,000 | $0 | (A) = $20,000, (J) = $50,000 | ||
| INVESTIGATIVE NEWSOURCE | |||||||||
| PO BOX 34546 | SAN DIEGO | CA | 92163 | 270732786 | $15,000 | $0 | (D) = $15,000 | 501(C)(3) | |
| LANCASTER AVENUE 21ST CENTURY BUSINESS ASSOCIATION | |||||||||
| 3500 LANCASTER AVENUE | PHILADELPHIA | PA | 19104 | 900502551 | $15,000 | $0 | (E) = $15,000 | 501(C)(3) | |
| LOOKOUT SANTA CRUZ | |||||||||
| 725 FRONT STREET | SANTA CRUZ | CA | 95060 | 320606025 | $6,000 | $0 | (P) = $6,000 | ||
| KENTUCKY PUBLIC RADIOLOUISVILLE PUBLIC MEDIA | |||||||||
| 619 SOUTH 4TH STREET | LOUISVILLE | KY | 40202 | 611259787 | $12,960 | $0 | (D) = $12,960 | 501(C)(3) | |
| LOVE NOW MEDIA INC | |||||||||
| 3922 NICO LANE | COLLEGEVILLE | PA | 19146 | 854074069 | $50,000 | $0 | (A) = $50,000 | ||
| MASCO COMMUNICATIONS | |||||||||
| 505 SOUTH 4TH STREET | PHILADELPHIA | PA | 19147 | 232278868 | $60,000 | $0 | (A) = $60,000 | ||
| MONTANA FREE PRESS | |||||||||
| 34 W 6TH AVE SUITE 2C | HELENA | MT | 59601 | 475237719 | $8,000 | $0 | (Q) = $8,000 | 501(C)(3) | |
| GREEN LINE MEDIA INCMOUNTAIN XPRESS | |||||||||
| PO BOX 144 | ASHEVILLE | NC | 28802 | 561737648 | $19,205 | $0 | (D) = $19,205 | ||
| ALLIANCE FOR A JUST PHILADELPHIAMOVEMENT ALLIANCE PROJECT | |||||||||
| 924 CHERRY STREET 5TH FLOOR | PHILADELPHIA | PA | 19107 | 260307123 | $15,000 | $0 | (E) = $15,000 | 501(C)(3) | |
| NEED IN DEED | |||||||||
| 441 EAST HIGH STREET | PHILADELPHIA | PA | 19144 | 222801013 | $10,000 | $0 | (E) = $10,000 | 501(C)(3) | |
| NEW HAMPSHIRE PUBLIC RADIO | |||||||||
| 2 PILLSBURY ST SUITE 600 | CONCORD | NH | 03301 | 020338667 | $8,000 | $0 | (Q) = $8,000 | 501(C)(3) | |
| NEW MAINSTREAM PRESS INC | |||||||||
| 167 OLD BELMONT AVENUE | BALA CYNWYD | PA | 19804 | 262662097 | $75,000 | $0 | (A) = $75,000, (J) = $50,000 | ||
| NEWS PRODUCT ALLIANCE CORPORATION | |||||||||
| 8 THE GREEN | DOVER | DE | 19901 | 883995467 | $20,000 | $0 | (R) = $20,000 | 501(C)(3) | |
| NEWSDAY LLC | |||||||||
| 6 CORPORATE CENTER DRIVE | MELVILLE | NY | 11747 | 262913233 | $500,000 | $0 | (G) = $500,000 | ||
| NEXT CITY INC | |||||||||
| PO BOX 22449 | PHILADELPHIA | PA | 19110 | 223886361 | $30,000 | $0 | (A) = $30,000 | 501(C)(3) | |
| NORTH 10 PHILADELPHIA | |||||||||
| 3890 N 10TH STREET | PHILADELPHIA | PA | 19140 | 205105110 | $25,000 | $0 | (E) = $25,000 | 501(C)(3) | |
| NUEVA ESPERANZA INC | |||||||||
| 4261 NORTH 5TH STREET | PHILADELPHIA | PA | 19140 | 232552707 | $237,000 | $0 | (A) = $75,000, (M) = $162,000 | 501(C)(3) | |
| ORANGE INTERNATIONAL MEDIA INC | |||||||||
| 6401 CASTOR AVE ROOM 101 | PHILADELPHIA | PA | 19149 | 853320312 | $50,000 | $0 | (A) = $50,000 | ||
| OUR BIBLE APP | |||||||||
| 1010 N HANCOCK ST | PHILADELPHIA | PA | 19123 | 824243846 | $40,000 | $0 | (A) = $40,000 | ||
| OUTLIER MEDIA | |||||||||
| 440 BURROUGHS | DETROIT | MI | 48202 | 874775293 | $20,000 | $0 | (H) = $20,000 | 501(C)(3) | |
| PENNSYLVANIA FOR MODERN COURTS | |||||||||
| 2 PENN CENTER SUITE 1140 1500 JFK | BOULEVARD | PHILADELPHIA | PA | 19102 | 232434262 | $10,000 | $0 | (E) = $10,000 | 501(C)(3) |
| PENNSYLVANIA PRISON SOCIETY | |||||||||
| 230 SOUTH BROAD STREET SUITE 605 | PHILADELPHIA | PA | 19102 | 231352267 | $10,000 | $0 | (E) = $10,000 | 501(C)(3) | |
| PHILA ASSOC OF BLACK JOURNALISTS | |||||||||
| 30 SOUTH 15TH STREET | PHILADELPHIA | PA | 19102 | 232094500 | $10,500 | $0 | (A) = $10,500 | 501(C)(3) | |
| PHILADELPHIA ASSOCIATION OF COMMUNITY DEVELOPMENT CORP | |||||||||
| 1315 WALNUT STREET SUITE 920 | PHILADELPHIA | PA | 19107 | 232707112 | $15,000 | $0 | (E) = $15,000 | 501(C)(3) | |
| PHILADELPHIA FILM FACTORY INC | |||||||||
| 3675 MARKET STREET SUITE 200 | PHILADELPHIA | PA | 19104 | 881318508 | $20,000 | $0 | (E) = $20,000 | 501(C)(3) | |
| PHILADELPHIA SUN GROUP INC | |||||||||
| 6700 GERMANTOWN AVE LOWER LEVEL | PHILADELPHIA | PA | 19119 | 232687748 | $20,000 | $0 | (A) = $20,000 | ||
| PHILADELPHIA TRIBUNE CO | |||||||||
| 520 SOUTH 16TH STREET | PHILADELPHIA | PA | 19146 | 230974080 | $70,000 | $0 | (A) = $70,000 | ||
| PHILADELPHIA PUBLIC ACCESS CORPORATIONPHILLYCAM | |||||||||
| 699 RANSTEAD STREET | PHILADELPHIA | PA | 19106 | 263817913 | $100,000 | $0 | (M) = $100,000 | 501(C)(3) | |
| PUBLIC MEDIA NETWORK | |||||||||
| 359 S KALAMAZOO MALL STE 300 | KALAMAZOO | MI | 49009 | 382564383 | $6,200 | $0 | (D) = $6,200 | 501(C)(3) | |
| PUBLICSOURCE INC | |||||||||
| 1936 FIFTH AVE | PITTSBURGH | PA | 15219 | 474309256 | $21,400 | $0 | (H) = $21,400 | 501(C)(3) | |
| RED FLAG MEDIA | |||||||||
| 1032 ARCH STREET FLOOR 3 | PHILADELPHIA | PA | 19107 | 233085114 | $70,000 | $0 | (A) = $70,000 | ||
| REPORTERS COMMITTEE FOR FREEDOM OF THE PRESS | |||||||||
| 1156 15TH STREET NW SUITE 1020 | WASHINGTON | DC | 20005 | 520972043 | $75,000 | $0 | (U) = $75,000 | 501(C)(3) | |
| RESEARCH FOR ACTION INC | |||||||||
| 3675 MARKET STREET SUITE 200 | PHILADELPHIA | PA | 19104 | 232710950 | $27,500 | $0 | (E) = $27,500 | 501(C)(3) | |
| RESOLVE PHILADELPHIA INC | |||||||||
| 699 RANSTEAD STREET STE 3 | PHILADELPHIA | PA | 191062334 | 832762074 | $50,000 | $0 | (A) = $50,000 | 501(C)(3) | |
| RICHLAND SOURCE | |||||||||
| 40 WEST 4TH ST | MASFIELD | OH | 44902 | 900924516 | $20,000 | $0 | (D) = $20,000 | ||
| RUSSELLBRAND GLOBAL ENTERPRISE LLC | |||||||||
| 453 OAKWOOD STREET | WASHINGTON | DC | 20032 | 833631797 | $90,000 | $0 | (A) = $40,000, (J) = $50,000 | ||
| THE SCRIBE VIDEO CENTER INC | |||||||||
| PO BOX 13267 | PHILADELPHIA | PA | 191013267 | 232358942 | $24,915 | $0 | (A) = $24,915 | 501(C)(3) | |
| SOUTHEAST ASIAN MAA COALITION INC | |||||||||
| 1711 S BROAD STREET | PHILADELPHIA | PA | 19148 | 222541120 | $10,000 | $0 | (E) = $10,000 | 501(C)(3) | |
| SEATTLE TIMES COMPANY | |||||||||
| 1000 DENNY WAY | SEATTLE | WA | 98109 | 910403890 | $500,000 | $0 | (G) = $500,000 | ||
| SOUTHWEST COMMUNITY DEVELOPMENT CORP | |||||||||
| 6328 PASCHALL AVENUE | PHILADELPHIA | PA | 19142 | 232491247 | $15,000 | $0 | (E) = $15,000 | 501(C)(3) | |
| SPOTLIGHT MEDIA LABS INC | |||||||||
| 5482 WILSHIRE BLVD 1907 | LOS ANGELES | CA | 90036 | 301039880 | $25,000 | $0 | (V) = $25,000 | ||
| SPOTLIGHT PA | |||||||||
| 228 WALNUT ST 11728 | HARRISBURG | PA | 171081728 | 920577182 | $510,000 | $0 | (O) = $10,000, (S) = $500,000 | 501(C)(3) | |
| STAR TRIBUNE MEDIA INTERMEDIATE HOLDINGS COMPANY II | |||||||||
| 650 3RD AVE S SUITE 1300 | MINNEAPOLIS | MN | 55488 | 800481910 | $500,000 | $0 | (G) = $500,000 | ||
| SUSTAINABLE BUSINESS EDUCATION INITIATIVE INC | |||||||||
| 915 SPRING GARDEN STREET SUITE 502 | PHILADELPHIA | PA | 19123 | 273473341 | $20,000 | $0 | (E) = $20,000 | 501(C)(3) | |
| TECHNICALLY MEDIA INC | |||||||||
| CURTIS CENTER 601 WALNUT STREET | 1200 | PHILADELPHIA | PA | 19106 | 273522063 | $50,000 | $0 | (A) = $50,000 | |
| THE CENTER FOR MICHIGAN | |||||||||
| 220 W MICHIGAN AVE | YPSILANTI | MI | 48197 | 320167398 | $8,000 | $0 | (Q) = $8,000 | 501(C)(3) | |
| THE CENTER FOR STRATEGIC ECONOMIC STUDIES & INSTITUTIONAL DEVELOPMENT | |||||||||
| 330 E LAMBERT ROAD STE 275 | BREA | CA | 928214136 | 522135889 | $20,000 | $0 | (E) = $20,000 | 501(C)(3) | |
| THE HAITIAN TIMES | |||||||||
| 495 FLATBUSH AVE SUITE 38 | BROOKLYN | NY | 11225 | 824949037 | $276,625 | $0 | (T) = $276,625 | ||
| THE MONKEY & THE ELEPHANT | |||||||||
| 2831 WEST GIRARD AVENUE | PHILADELPHIA | PA | 19130 | 463420110 | $10,000 | $0 | (E) = $10,000 | 501(C)(3) | |
| THE PHILADELPHIA CITIZEN | |||||||||
| 2400 MARKET STREET | PHILADELPHIA | PA | 191033041 | 462777419 | $70,000 | $0 | (A) = $70,000 | 501(C)(3) | |
| THE PHILADELPHIA HALL MONITOR LLC | |||||||||
| 4930 LARCHWOOD AVENUE | PHILADELPHIA | PA | 19143 | 844079695 | $50,000 | $0 | (A) = $50,000 | ||
| THE TWO RIVER TIMES FOUNDATION | |||||||||
| 12 BROAD STREET 5TH FLOOR | RED BANK | NJ | 07701 | 863503437 | $20,000 | $0 | (D) = $20,000 | 501(C)(3) | |
| TINY NEWS COLLECTIVE INC | |||||||||
| 111 NORTH WABASH AVE STE 100 3868 | CHICAGO | IL | 60602 | 853963369 | $57,000 | $0 | (A) = $57,000 | 501(C)(3) | |
| TRACE MEDIA INC | |||||||||
| PO BOX 24532 | BROOKLYN | NY | 11202 | 414175513 | $60,000 | $0 | (A) = $60,000 | 501(C)(3) | |
| URBAN AFFAIRS COALITION | |||||||||
| 1207 CHESTNUT STREET | PHILADELPHIA | PA | 19107 | 237046393 | $80,000 | $0 | (E) = $80,000 | 501(C)(3) | |
| VICTORIAS URBAN OUTREACH TUTORING SERVICE | |||||||||
| 6353 GERMANTOWN AVE 3RD FLOOR REAR | PHILADELPHIA | PA | 19144 | 814082698 | $10,000 | $0 | (E) = $10,000 | 501(C)(3) | |
| WE TALK WEEKLY LLC | |||||||||
| 1618 NORTH 76TH STREET | PHILADELPHIA | PA | 19151 | 844898255 | $50,000 | $0 | (A) = $50,000 | ||
| WELCOME AMERICA INC | |||||||||
| PO BOX 22473 | PHILADELPHIA | PA | 19110 | 232721729 | $40,000 | $0 | (E) = $40,000 | 501(C)(3) | |
| WHY NOT PROSPER INC | |||||||||
| 717 E CHELTEN AVE | PHILADELPHIA | PA | 19144 | 233089308 | $30,000 | $0 | (E) = $30,000 | 501(C)(3) | |
| WHYY | |||||||||
| 150 NORTH 6TH STREET | PHILADELPHIA | PA | 19106 | 231438083 | $120,000 | $0 | (A) = $120,000 | 501(C)(3) | |
| WOORI CENTER | |||||||||
| 100 W MAIN STREET STE 320 | NORTH WALES | PA | 194462083 | 844038784 | $17,500 | $0 | (E) = $17,500 | 501(C)(3) | |
| WOY MAGAZINE LLC | |||||||||
| 1213 S 61ST STREET | PHILADELPHIA | PA | 19143 | 872617909 | $7,500 | $0 | (J) = $7,500 | ||
| WURD RADIO LLC | |||||||||
| 200 HIGHPOINT SRIVE 215 | CHALFONT | PA | 18914 | 431986554 | $125,000 | $0 | (A) = $125,000 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 65 | Total501c3OrgCnt |
| Total Other Org | 32 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Valuation Method UsedValuationMethodUsedDesc | Non Cash AssistanceNonCashAssistanceDesc |
|---|---|---|---|---|---|
| EVERY VOICE, EVERY VOTE MEDIA PARTNERSHIP GRANT FOR COMMUNITY-CENTERED JOURNALISM PROJECTS RELATED TO CIVIC LIFE IN PHILADELPHIA. | 1 | $40,000 | $0 | N/A | N/A |
| PHILADELPHIA MEDIA FOUNDERS EXCHANGE PROGRAM GRANT THAT PROVIDES OPERATING AND OTHER SUPPORT FOR THE WORK OF BIPOC MEDIA ENTREPRENUERS. | 1 | $50,000 | $0 | N/A | N/A |
| GRANT TO ATTEND SULZBERGER EXECUTIVE LEADERSHIP PROGRAM AT COLUMBIA UNIVERSITY. | 1 | $10,000 | $0 | N/A | N/A |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | THE INSTITUTE REVIEWS ALL GRANT APPLICATIONS. DUE DILIGENCE INCLUDES: 1) ENSURE THE ORGANIZATION HAS A VALID PUBLIC CHARITY STATUS OR EQUIVALENCY DETERMINATION, OR IS A QUALIFIED RECIPIENT WITHIN THE INSTITUTE'S MISSION. 2) REVIEW THE APPLICANT'S APPLICATION, WEBSITES, PUBLIC MATERIALS, AND FINANCIAL INFORMATION, INCLUDING FORM 990, ANNUAL REPORT OR EQUIVALENT, IF AVAILABLE. 3) MAKE SELECTED SITE VISITS 4) PERIODICALLY MEET WITH NONPROFIT'S KEY STAFF MEMBERS 5) COMPLETE EXPENDITURE RESPONSIBILITY, AS REQUIRED. UPON RECEIPT OF A GRANT AWARD NOTIFICATION, THE GRANTEE MUST SIGN A CERTIFICATION INDICATING THAT THE FUNDS WILL BE USED FOR THE INTENDED PURPOSE. THE GRANTEE IS ALSO ADVISED OF ANY FURTHER GRANT REPORTING REQUIREMENT AND DEADLINES. ALL REPORTING REQUIREMENTS MUST BE MET BEFORE THE GRANTEE CAN REAPPLY. |
| PART II, COLUMN (H) - PURPOSE OF GRANT REFERENCE CODE KEY: | THE PURPOSE DESCRIPTION ON SCHEDULE I, PART II, COLUMN (H) INCLUDE APPLICABLE REFERENCES (A) - (V) FOR A GIVEN GRANTEE, THE FULL GRANT PURPOSE DESCRIPTIONS THAT CORRESPOND TO THOSE REFERENCES ARE AS FOLLOWS: (A) EVERY VOICE, EVERY VOTE MEDIA PARTNERSHIP GRANT FOR COMMUNITY-CENTERED JOURNALISM PROJECTS RELATED TO CIVIC LIFE IN PHILADELPHIA. (B) GRANT TO SUPPORT EXISTING AND CREATE NEW PROGRAMMING THAT ADVANCES ASIAN AMERICAN AND PACIFIC ISLANDER NEWS MEDIA PROFESSIONALS IN GREATER PHILADELPHIA. (C) GRANT TO SUPPORT THE WORK OF ARK REPUBLIC, WHICH BLACK FARMERS INDEX FISCALLY SPONSORS. (D) NEWS PHILANTHROPY NETWORK CATALYST GRANT TO EXPERIMENT WITH INNOVATIVE APPROACHES TO END-OF-YEAR FUNDRAISING. (E) EVERY VOICE, EVERY VOTE COMMUNITY PARTNERSHIP GRANT FOR CIVIC ENGAGEMENT AND EDUCATION EFFORTS IN PHILADELPHIA. (F) FISCAL SPONSORSHIP GRANT TO CREATE AN AI-BASED LOCAL NEWS ORGANIZATION COVERING CAMBRIDGE, MA. (G) AI FELLOWS GRANT TO HIRE AN AI FELLOW TO PURSUE PROJECTS THAT FOCUS LARGELY ON IMPROVING BUSINESS SUSTAINABILITY AND IMPLEMENTING AI TECHNOLOGIES. (H) ENGAGED CITIES GRANT TO PILOT AND SPREAD COLLABORATIVE SOLUTIONS THAT SUPPORT DEEPER PUBLIC SERVICE AND LONG-TERM SUSTAINABILITY. (I) FISCAL SPONSORSHIP GRANT TO SUPPORT FUNTIMES MAGAZINE, WHICH IS AN INFORMATION SOURCE FOR THE AFRICAN AMERICAN, CARIBBEAN AND AFRICAN COMMUNITIES IN THE DELAWARE VALLEY. (J) PHILADELPHIA MEDIA FOUNDERS EXCHANGE PROGRAM GRANT THAT PROVIDES OPERATING AND OTHER SUPPORT FOR THE WORK OF BIPOC MEDIA ENTREPRENEURS. (K) FISCAL SPONSORSHIP GRANT TO SUPPORT WE ARE THE SEEDS, WHICH EDUCATES ABOUT CONTEMPORARY INDIGENOUS ARTS AND CULTURES. (L) GRANT TO SUPPORT SPOTLIGHT DELAWARE, A NONPROFIT, COLLABORATIVE AND COMMUNITY-POWERED NEWSROOM COVERING THE POLICIES AND PEOPLE OF DELAWARE. (M) PHILADELPHIA LOCAL NEWS SUSTAINABILITY INITIATIVE GRANT WHICH PROVIDES CORE OPERATING SUPPORT AND CAPACITY-BUILDING FUNDING TO LOCAL NEWS ORGANIZATIONS IN THE PHILADELPHIA REGION. (N) KNIGHT LENFEST TRANSFORMATION FUND GRANT TO SUPPORT THE KENSINGTON VOICE'S IMPLEMENTATION OF A BLENDED NEWSROOM MODEL THAT ENGAGES JOURNALISTS, PUBLIC HEALTH PROFESSIONALS AND RESIDENTS TO IMPROVE QUALITY OF LIFE. (O) GRANT TO SUPPORT TV PARTNERSHIPS WHEREBY SPOTLIGHT PA'S INVESTIGATIVE AND ACCOUNTABILITY JOURNALISM IS TURNED INTO BROADCAST READY NEWS PACKAGES. (P) FISCAL SPONSORSHIP GRANT TO SUPPORT LOOKOUT LOCAL'S STUDENT ACCESS PROGRAM FOR LOCAL NEWS. (Q) STATEWIDE NEWS COLLECTIVE GRANT TO SUPPORT RESEARCH PROJECTS ON THE IMPACT OF LOCAL NEWS ORGANIZATIONS. (R) GRANT TO SUPPORT COMMUNITY AND CONNECTION PILLAR WORK BY ESTABLISHING A MATCHING FUND TO ENCOURAGE DONATIONS. (S) GRANT TO SUPPORT SPOTLIGHT PA, WHICH SPOTLIGHT PA PRODUCES HIGH-IMPACT PUBLIC-SERVICE AND INVESTIGATIVE JOURNALISM ABOUT URGENT STATEHOUSE AND STATEWIDE ISSUES IN PENNSYLVANIA. (T) FISCAL SPONSORSHIP GRANT TO SUPPORT THE HAITIAN TIMES WHICH IS A LEADING VOICE FOR THE HAITIAN COMMUNITY. (U) GRANT FOR THE LOCAL LEGAL INITIATIVE, WHICH PROVIDES LOCAL NEWS ORGANIZATIONS WITH PRO BONO LEGAL SERVICES TO PURSUE ACCOUNTABILITY IN JOURNALISM. (V) GRANT TO FUND ACCESS TO THE PHILADELPHIA INQUIRER ON THE SPOTLIGHT MEDIA APP. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (9 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES FRIEDLICH | ||||||||||||||
| CHIEF EXECUTIVE OFFICER - LLC | $552,807 | $0 | $0 | $0 | $1,188 | $0 | $36,102 | $0 | $51,477 | $0 | $641,574 | $0 | $0 | $0 |
| PEDRO A RAMOS | ||||||||||||||
| SECRETARY, PRESIDENT & CEO | $0 | $450,564 | $0 | $0 | $0 | $774 | $0 | $47,590 | $0 | $29,488 | $0 | $528,416 | $0 | $0 |
| ANNIE MADONIA | ||||||||||||||
| CHIEF ADVANCEMENT OFFICER - LLC | $265,985 | $0 | $25,000 | $0 | $774 | $0 | $34,037 | $0 | $55,026 | $0 | $380,822 | $0 | $0 | $0 |
| KEN HERTS | ||||||||||||||
| CHIEF OPERATING OFFICER - LLC | $289,962 | $0 | $25,000 | $0 | $1,188 | $0 | $34,037 | $0 | $2,934 | $0 | $353,121 | $0 | $0 | $0 |
| ORLANDO ESPOSITO | ||||||||||||||
| TPF CHIEF FINANCIAL OFCR TO JUN 2024 | $0 | $199,380 | $0 | $0 | $0 | $1,188 | $0 | $20,400 | $0 | $36,629 | $0 | $257,597 | $0 | $0 |
| SHAWN MOORING | ||||||||||||||
| HEAD OF PHILADELPHIA PROGRAMS - LLC | $173,671 | $0 | $0 | $0 | $270 | $0 | $18,392 | $0 | $29,996 | $0 | $222,329 | $0 | $0 | $0 |
| REBECCA FORMAN | ||||||||||||||
| HEAD OF DEVEL & DONOR RELATIONS -LLC | $189,159 | $0 | $0 | $0 | $167 | $0 | $19,185 | $0 | $8,604 | $0 | $217,115 | $0 | $0 | $0 |
| KAREN CLEARY | ||||||||||||||
| CHIEF FINANCIAL OFFICER - LLC | $145,764 | $0 | $0 | $0 | $0 | $0 | $16,157 | $0 | $31,653 | $0 | $193,574 | $0 | $0 | $0 |
| JOSEPH LICHTERMAN | ||||||||||||||
| HEAD OF EDITORIAL AND COMMS - LLC | $143,213 | $0 | $0 | $0 | $121 | $0 | $14,838 | $0 | $1,093 | $0 | $159,265 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 3 | FormAndLineReferenceDesc |
| Explanation | THE INSTITUTE RELIES ON THE PHILADELPHIA FOUNDATION (TPF) TO DETERMINE THE COMPENSATION FOR TPF PRESIDENT & CEO, PEDRO A. RAMOS. TPF USED THE FOLLOWING METHODS TO DETERMINE COMPENSATION FOR THE TPF PRESIDENT & CEO: - COMPENSATION COMMITTEE - FORM 990 OF OTHER ORGANIZATIONS - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE THIS PROCESS OCCURS ANNUALLY, AND LAST OCCURRED IN 2023. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART IV, LINE 2: | THE INSTITUTE DOES NOT FILE ANY W-2S OR PAYROLL TAX FILINGS UNDER ITS EIN 04-3731829 BECAUSE SUCH FILINGS ARE HANDLED BY THE PHILADELPHIA FOUNDATION (TPF), A RELATED PUBLIC CHARITY UNDER THEIR EIN 23-1581832. THE INSTITUTE REIMBURSES TPF FOR COMPENSATION PAID TO EMPLOYEES DEVOTING TIME TO THE INSTITUTE, AND REPORTS THESE REIMBURSEMENTS AS WAGE, BENEFIT, AND PAYROLL TAX EXPENSES ON FORM 990, PART IX, LINES 5-10. AS SUCH, IT IS ALSO REPORTING THE NUMBER OF EMPLOYEES REFLECTED IN THAT COMPENSATION ON FORM 990, PART V, LINE 2A. IN ADDITION, THE INSTITUTE ALSO CONFIRMS WITH TPF THAT ALL RELATED REQUIRED FEDERAL PAYROLL TAX FILINGS HAVE BEEN MADE; THEREFORE, FORM 990, PART V, LINE 2B IS ANSWERED AS YES. |
| FORM 990, PART VI, SECTION A, LINE 6 | THE PHILADELPHIA FOUNDATION (TPF), A RELATED 501(C)(3) PUBLIC CHARITY, IS CONSIDERED THE SOLE MEMBER OF THE INSTITUTE, BASED ON THE INTERNAL REVENUE SERVICE DEFINITION OF MEMBER. |
| FORM 990, PART VI, SECTION A, LINE 7A | TPF HAS THE POWER TO APPOINT AND REMOVE ALL MEMBERS OF THE BOARD OF MANAGERS OF THE INSTITUTE. TPF HAS THE POWER TO APPOINT AND REMOVE ONE MEMBER OF THE GOVERNING BODY OF THE LENFEST INSTITUTE FOR JOURNALISM, LLC, A DISREGARDED ENTITY OF THE INSTITUTE. |
| FORM 990, PART VI, SECTION A, LINE 7B | THE INSTITUTE'S RIGHT TO AMEND ITS GOVERNING INSTRUMENTS IS SUBJECT TO THE APPROVAL OF TPF. |
| FORM 990, PART VI, SECTION A, LINE 8B | THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT HAVE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM WORKING CLOSELY WITH THE INSTITUTE'S CFO. ONCE THE RETURN IS PREPARED, IT IS REVIEWED BY THE FINANCE TEAM ALONG WITH EXECUTIVE MANAGEMENT BEFORE BEING PROVIDED TO THE FINANCE COMMITTEE AND GOVERNING BODY FOR THEIR REVIEW PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD MEMBERS, STANDING COMMITTEE MEMBERS, AND STAFF SHALL ADVISE THE INSTITUTE'S CEO OF AFFILIATION WITH ANY GRANTEE, POTENTIAL GRANTEE OR VENDOR IN RESPONSE TO AN ANNUAL QUESTIONNAIRE FROM THE INSTITUTE AND AT ANY OTHER TIME WHEN SUCH PERSON BECOMES AWARE OF AN AFFILIATION WHICH HAS NOT PREVIOUSLY BEEN DISCLOSED. NO MEMBER OF THE BOARD OR ANY STANDING COMMITTEE WHO IS AFFILIATED WITH ANY ORGANIZATION BEING CONSIDERED FOR A GRANT FROM THE INSTITUTE SHALL PARTICIPATE IN THE CONSIDERATION OF SUCH GRANT OR SHALL VOTE ON SUCH GRANT AWARD. NO MEMBER OF THE BOARD OR ANY STANDING COMMITTEE WHO IS AFFILIATED WITH ANY VENDOR OF GOODS OR SERVICES TO THE INSTITUTE SHALL PARTICIPATE IN THE CONSIDERATION OR ADMINISTRATION OF ANY CONTRACT WITH SUCH VENDOR. NO MEMBER OF THE STAFF OF THE INSTITUTE SHALL, WITHOUT THE PERMISSION OF THE INSTITUTE'S CEO, BE AFFILIATED WITH ANY GRANTEE, PROSPECTIVE GRANTEE OR VENDOR TO THE INSTITUTE. THE INSTITUTE'S CONFLICT OF INTEREST POLICY INCLUDES A DUTY TO DISCLOSE ACTUAL OR POTENTIAL CONFLICTS AS THEY ARISE AND REQUIRES ANNUAL DISCLOSURE OF ALL ACTUAL OR POTENTIAL CONFLICTS. |
| FORM 990, PART VI, SECTION B, LINE 15B | THE INSTITUTE'S BOARD OF MANAGERS, WITHOUT PARTICIPATION OF THE INSTITUTE'S CEO, HAS OVERARCHING RESPONSIBILITY FOR ESTABLISHING ANNUAL COMPENSATION FOR THE INSTITUTE'S CEO. IN 2022, THE INSTITUTE'S BOARD OF MANAGERS ENTERED INTO AN EMPLOYMENT CONTRACT WITH THE INSTITUTE'S CEO THAT TERMINATES ON JANUARY 15, 2027. THE PROCESS WAS LED BY THE INSTITUTE'S EXECUTIVE COMMITTEE. THE CONTRACT PROVIDES FOR COST-OF-LIVING INCREASES BASED UPON CONSUMER PRICE INDEX DATA ISSUED BY THE U.S. BUREAU OF LABOR STATISTICS, AS WELL AS MERIT INCREASES BASED UPON ANNUAL PERFORMANCE REVIEWS. THE CONTRACT TERMS WERE DEVELOPED USING COMPARABLE SALARY AND BENEFITS DATA, SUCH AS DATA FROM AVAILABLE SALARY AND BENEFIT SURVEYS, TO LEARN WHAT NONPROFIT EMPLOYERS WITH SIMILAR MISSIONS, SIMILAR BUDGETS AND LOCATED IN THE SAME OR A SIMILAR GEOGRAPHIC REGION PAY THEIR SENIOR LEADERS. THE BOARD OF MANAGERS MAY CHOOSE TO ENGAGE AN OUTSIDE EXPERT TO ASSIST IN THIS RESEARCH. THE CHAIR AND VICE CHAIR OF THE INSTITUTE'S BOARD OF MANAGERS ARE RESPONSIBLE FOR DOCUMENTING THE INSTITUTE'S CEO'S ANNUAL REVIEW, INCLUDING WHO WAS INVOLVED IN THIS PROCESS AND THE CRITERIA USED TO EVALUATE THE INSTITUTE'S CEO'S PERFORMANCE. IT PRESENTS ITS PERFORMANCE REVIEW TO THE FULL BOARD OF MANAGERS AROUND SEPTEMBER OF EACH YEAR, AS STIPULATED IN THE EMPLOYMENT CONTRACT. THE INSTITUTE'S CEO IS RESPONSIBLE FOR REVIEWING AND DECIDING COMPENSATION FOR OTHER KEY EMPLOYEES OF THE ORGANIZATION. THE INSTITUTE'S CEO USES DATA FROM SALARY AND BENEFIT SURVEYS AS NEEDED TO LEARN WHAT NONPROFIT EMPLOYERS WITH SIMILAR MISSIONS, BUDGETS AND GEOGRAPHIC REGIONS PAY THEIR SENIOR LEADERS. THE INSTITUTE'S CEO DISCUSSES COMPENSATION DECISIONS WITH MEMBERS OF THE EXECUTIVE COMMITTEE. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE INSTITUTE MAKES ITS FINANCIAL STATEMENTS AVAILABLE ON ITS WEBSITE. IN ADDITION, THE PHILADELPHIA FOUNDATION MAKES THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY FOR THE INSTITUTE AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 18: | THE INSTITUTE DOES NOT HAVE ITS OWN WEBSITE, BUT ITS DISREGARDED ENTITY, THE LENFEST INSTITUTE FOR JOURNALISM, LLC, DOES HAVE A WEBSITE, WWW.LENFESTINSTITUTE.ORG, AND THE INSTITUTE'S FORM 990 IS POSTED ON THAT WEBSITE. AS A DISREGARDED ENTITY, THIS WEBSITE IS BEING CONSIDERED THE INSTITUTES 'OWN WEBSITE' FOR PURPOSES OF THIS DISCLOSURE ON THE FORM 990, BUT THE INSTITUTE ITSELF DOES NOT CONSIDER ITSELF TO HAVE ITS OWN WEBSITE. |
| FORM 990, PART IX, LINE 11G | CONSULTANTS: PROGRAM SERVICE EXPENSES 2,986,327. MANAGEMENT AND GENERAL EXPENSES 268,293. FUNDRAISING EXPENSES 50,982. TOTAL EXPENSES 3,305,602. ADMINISTRATIVE FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 78,750. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 78,750. |
| FORM 990, PART IX, LINES 5-10: | THE INSTITUTE DOES NOT ISSUE ANY W-2S, BUT RATHER REIMBURSES ITS RELATED ORGANIZATION, THE PHILADELPHIA FOUNDATION, FOR COMPENSATION PAID TO EMPLOYEES DEVOTING TIME TO THE INSTITUTE. WITHIN THE STATEMENT OF FUNCTIONAL EXPENSES, THE COMPENSATION REIMBURSED TO THE RELATED ORGANIZATION IS REPORTED AS SUCH ON FORM 990, PART IX, LINES 5-10. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LENFEST INSTITUTE FOR JOURNALISM LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 801 MARKET STREET SUITE 300 | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19107 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043731829 | EIN |
| Primary Activities | FOSTERS INNOVATION TO SUSTAIN INDEPENDENT JOURNALISM | PrimaryActivitiesTxt |
| Legal Domicile State | PA | LegalDomicileStateCd |
| Total Income | $26,054,320 | TotalIncomeAmt |
| End Of Year Assets | $133,928,628 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE LENFEST INSTITUTE FOR JOURNALISM SPECIAL ASSET FUND OF TPF | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| THE PHILADELPHIA FOUNDATION | |||||||||||
| 1835 MARKET STREET SUITE 2410 | PHILADELPHIA | PA | 19103 | 231581832 | GRANTMAKING | PA | 501(C)(3) | LINE 8 | N/A | 0 | |
| THE HARRY R HALLORAN JR CHARITABLE TRUST | |||||||||||
| 1835 MARKET STREET SUITE 2410 | PHILADELPHIA | PA | 19103 | 466758450 | GRANTMAKING | PA | 501(C)(3) | LINE 12A, I | 0 | THE PHILADELPHIA FOUNDATION | |
| THE VISIONS FUND OF THE PHILADELPHIA FOUNDATION | |||||||||||
| 1835 MARKET STREET SUITE 2410 | PHILADELPHIA | PA | 19103 | 475425277 | SUPPORT THE PHILADELPHIA FOUNDATION | DE | 501(C)(3) | LINE 12A, I | 0 | THE PHILADELPHIA FOUNDATION | |
| TPF SPECIAL PROPERTY FUND | |||||||||||
| 1835 MARKET STREET SUITE 2410 | PHILADELPHIA | PA | 19103 | 845019977 | SUPPORT THE PHILADELPHIA FOUNDATION | PA | 501(C)(3) | LINE 12A, I | 0 | THE PHILADELPHIA FOUNDATION | |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE PHILADELPHIA INQUIRER PBC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 SOUTH INDEPENDENCE MALL WEST SU | AddressLine1Txt |
| City | PHILADELPHIA | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 19106 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 455415437 | EIN |
| Primary Activities | NEWS MEDIA PRODUCTION | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PMN PBC CHARITABLE TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $96,645,031 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $74,005,096 | ShareOfEOYAssetsAmt |
| Ownership | 0.99990 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | Yes (1) | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE R, PART IV: | FormAndLineReferenceDesc |
| Explanation | THE INSTITUTE'S INTEREST IN THE PHILADELPHIA INQUIRER, PBC CONSISTS ENTIRELY OF NON-VOTING SHARES. | ExplanationTxt |
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