Philadelphia Foundation
Philadelphia Foundation is a private foundation focused on Religion, based in Point Clear, AL. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $134K in total assets.
Key facts about Philadelphia Foundation
- EIN
- 94-2995658
- Latest 990 filing
- Form 990-PF, 2025
- Total assets
- $134,350
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$134K
-1.6% YoY
Revenue
$3K
-16.2% YoY
Expenses
$5K
-80.3% YoY
Under IRS private-foundation payout rules, Philadelphia Foundation reported a distributable amount of $7K for 2025 — the minimum it must pay out in qualifying distributions.
How Philadelphia Foundation gives
- In 2024 it paid out 362% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $21K (2022) to $28K (2023). In 2024 it made 1 grant totaling $26K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $134,350 | $136,586 | $158,742 |
| Revenue | $2,941 | $3,509 | $3,742 |
| Expenses | $5,174 | $26,227 | $28,021 |
| Qualifying Distributions | — | $26,000 | $28,021 |
| Net Investment Income | — | $3,282 | $3,721 |
| Distributable Amount | $6,746 | $7,191 | $8,463 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 9, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS April 2, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 29, 2026)
- IRS filings on file for fiscal years 2022–2025
Leadership & Key People
Officers and directors from IRS filings
Philadelphia Foundation is led by Mark Yelderman, President on every filing since 2022; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Mark Yelderman
President
On filings since 2022
1 hr/week
No compensation reported
Shannon Vance
Secretary
On filings since 2022
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2022–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Philadelphia Foundation
How large is Philadelphia Foundation?
Philadelphia Foundation reported $134K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $3K.
What is Philadelphia Foundation?
Philadelphia Foundation is a private foundation focused on Religion, based in Point Clear, AL. It holds $134K in total assets as of 2025.
Where does Philadelphia Foundation operate?
Philadelphia Foundation has awarded grants in Texas.
How much is Philadelphia Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Philadelphia Foundation reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Philadelphia Foundation's EIN?
Philadelphia Foundation's EIN (Employer Identification Number) is 94-2995658. IRS Form 990 filing data is available on this page for 2022–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Philadelphia Foundation by hand.
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