Overview
What is Fund For Philadelphia?
The Fund for Philadelphia is a nonprofit organization based in Philadelphia, Pennsylvania. With a small team of three employees, they act as the fiscal sponsor for the city, fostering public-private collaborations between the city, philanthropic community, and local residents. One of their key initiatives, PHLConnected, provides up to 35,000 pre-K through 12th grade households with reliable internet access through partnerships with Comcast's Internet Essentials program or T-Mobile high-speed mobile hotspots. Additionally, they offer digital skills training and tech support to ensure that families can effectively use their new internet connection. The Fund for Philadelphia aims to create a cohesive, thriving, and equitable Philadelphia where all residents can prosper.
Official website here: www.mayorsfundphila.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
Fund For Philadelphia has achieved an impressive score of 100%, indicating exceptional performance in accountability and finance. This rating reflects the organization's commitment to transparency and responsible financial management, which is critical for fostering donor trust.
The charity boasts a fully independent board comprising 11 members, alongside strong scores in various governance practices, such as having an audit and oversight committee and comprehensive policies for conflict of interest and document retention. High program expense ratios and no liabilities to officers further underline its efficient use of funds towards its mission.
While the overall data highlights no significant limitations, the organization may still benefit from broadening its outreach and program diversity to enhance its impact within the community. Overall, Fund For Philadelphia exemplifies strong financial health and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Fund For Philadelphia legitimate?
Fund For Philadelphia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fund For Philadelphia submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $162,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $163,223
For more financial information, click here
Official website here: www.mayorsfundphila.org
What is the mission statement of Fund For Philadelphia?
The Fund for Philadelphia envisions a cohesive, vibrant, supportive, and equitable city where all residents can thrive. In fulfilling this vision, the organization serves as the fiscal sponsor for the City of Philadelphia, leveraging public-private partnerships in collaboration with the city, philanthropic community, and residents.
Through the PHLConnected program, the Fund for Philadelphia ensures up to 35,000 pre-K through 12th grade student households have access to reliable internet service. This initiative, in collaboration with the School District of Philadelphia, select charter schools, and Independence Mission Schools, also provides digital skills training and technical support. The program's two core components include:
1. Wired, high-speed, and reliable internet to the home through Comcast's Internet Essentials program or a high-speed mobile hotspot from T-Mobile for families who are housing-insecure or require a mobile internet solution.
2. Digital skills training and tech support to help students and families navigate the digital landscape effectively.
Official website here: www.mayorsfundphila.org
Who is the CEO of Fund For Philadelphia?
Jody Greenblatt is the Executive Director of Fund For Philadelphia.
Official website here: www.mayorsfundphila.org
What is the revenue of Fund For Philadelphia?
Fund For Philadelphia's revenue in 2022 was $18,270,036.
Official website here: www.mayorsfundphila.org
Who are the executives of Fund For Philadelphia and what are their salaries?
The average compensation at Fund For Philadelphia during 2022 was $108,674. There are 3 employees and 8 volunteers at Fund For Philadelphia.
Here are 9 key members and their salaries:
- Compensation: $127,625
- Related: $0
- Other: $29,490
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mayorsfundphila.org
Where can I find the form 990 for Fund For Philadelphia?
Fund For Philadelphia's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mayorsfundphila.org
Learn more at the official website: www.mayorsfundphila.org
Mission Statement of Fund For Philadelphia
The Fund for Philadelphia, a vital organization, envisions a cohesive, vibrant, supportive, and equitable city where all residents can prosper. Acting as the fiscal sponsor for the City of Philadelphia, this esteemed institution fosters public-private partnerships in collaboration with the city, the philanthropic community, and the residents of Philadelphia.
Through its innovative initiative, PHLConnected, the Fund for Philadelphia bridges the digital divide for up to 35,000 pre-K through 12th grade student households. By forging key partnerships with the School District of Philadelphia, select charter schools, and the Independence Mission Schools, the program ensures that families have access to reliable, high-speed internet from Comcast's Internet Essentials program or a high-speed mobile hotspot from T-Mobile for those who are housing-insecure or require a mobile internet solution. The program's two core components go beyond just providing internet access. The first, Wired, equips families with the necessary tools for a reliable and high-speed connection at home. The second, Digital Skills Training and Tech Support, empowers families with the essential digital skills they need to thrive in today's digital world.
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Impact
October, 2024
Fund For Philadelphia has a significant impact on the city by promoting a cohesive, vibrant, and equitable environment where all residents can thrive. One of its key initiatives, PHLCONNECTED, connects up to 35,000 pre-K through 12 student households with reliable internet service, addressing a critical barrier to education and digital participation. Through partnerships with the School District of Philadelphia, select charter schools, and the Independence Mission Schools, this program not only provides necessary internet access but also offers digital skills training and tech support.
The initiative includes two main components: first, it ensures households receive wired high-speed internet through Comcast's Internet Essentials program or mobile hotspots from T-Mobile for families facing housing insecurity. Second, it encompasses training and support to help families navigate the digital world effectively.
By bridging the digital divide and enhancing access to education, the Fund for Philadelphia directly contributes to the prosperity and equity of its residents, fostering a thriving community in the city.
This information is meant to be a general summary of Fund For Philadelphia. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $3,493,766
- Gross Receipts: $18,270,036
Assets and Liabilities:
- Total Assets: $24,191,494
- Total Liabilities: $3,905,646
- Net Assets: $20,285,848
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BIKE SHARE
Revenue
$3,459,273
OTHER PROGRAM INCOME
Revenue
$34,493
Organization Details
Founding Year
1981
Phone
(215) 686-0321Principal Officer
Jody Greenblatt
Main Address
City Hall No 267, Philadelphia, PA, 19107
Website
www.mayorsfundphila.orgNTEE Category
Code: S33Z - Community improvement
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