Philadelphia Fund Alliance
The Philadelphia Fund Alliance is a group of philadelphia-based asset management industry professionals formed to hold an annual fundraiser to benefit one or more charities in the greater philadelphia area. Our motto and mission is "making a difference" - and our support of various charities to raise support and awareness is how we have been making a difference for over a decade. Our support has helped charities that impact the community, create opportunities for those with various needs, provide healthcare and life-saving medical research, environmental impact and preservation and much more!
Philadelphia Fund Alliance at a glance
In short: Philadelphia Fund Alliance gave $100K across 2 grants in 2025 (avg $50K), mostly in New Jersey. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $100,000
- Grants made (2025)
- 2
- Average grant
- $50,000
- Median grant
- $50,000
- Total assets
- $34,178
- Primary geography
- New Jersey (50% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Philadelphia Fund Alliance funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Malcolm Jenkins Foundation ($50K). Together the top 2 received $100K.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was in the $50–100K range: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $100K (2025) to $125K (2023). In 2025 it made 2 grants totaling $100K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Malcolm Jenkins Foundation Piscataway, NJ | General Funding | $50,000 |
| Make the World Better Inc Philadelphia, PA | General Funding | $50,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2025 | $34,178 | $127,672 | $101,159 | $100,000 | 2 |
| 2023 | $40,972 | $151,599 | $196,357 | $125,000 | 1 |
About Philadelphia Fund Alliance
Based on IRS filings
Philadelphia Fund Alliance is a public charity, based in Philadelphia, PA. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $34K in total assets. In 2025, it awarded 2 grants totaling $100K.
Leadership & Key People
Officers and directors from IRS filings
Philadelphia Fund Alliance is led by Matthew R. Diclemente, President on every filing since 2023; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Matthew R. Diclemente
President
On filings since 2023
1 hr/week
No compensation reported
John V. Braun Jr.
Vice Chair
Board Officer → Vice Chair, 2025
On filings since 2023
1 hr/week
No compensation reported
Michael E. Desnin
Secretary
On filings since 2023
1 hr/week
No compensation reported
Bruce Leto
Founder
New on the 2025 filing
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2023–2025. "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 Fund Alliance
How much does Philadelphia Fund Alliance give each year?
Philadelphia Fund Alliance gave $100K across 2 grants in 2025, according to its 2025 IRS Form 990.
How large is Philadelphia Fund Alliance?
Philadelphia Fund Alliance reported $34K in total assets on its 2025 IRS Form 990. Its revenue that year was $128K.
Where does Philadelphia Fund Alliance operate?
Philadelphia Fund Alliance has awarded grants in New Jersey, Pennsylvania.
What is Philadelphia Fund Alliance's EIN?
Philadelphia Fund Alliance's EIN (Employer Identification Number) is 81-3170678. IRS Form 990 filing data is available on this page for 2023–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS May 15, 2026)
- Added Form 990 for fiscal year 2023 (received by the IRS December 18, 2025)
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The foundation supports 501(c)(3) organizations, with recent grants spanning historic preservation, education, reproductive health, public media, and anti-hate work. It gave $24,000 across 10 grants in 2024; awards ranged from $500 to $15,000, with a median of $1,000, and went to organizations in Illinois, Pennsylvania, New York, New Jersey, and Ohio. Its filing says giving is not restricted to preselected organizations, but does not state whether it accepts unsolicited requests.
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The John B Rosenthal Foundation
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Aster Foundation Of Philadelphia
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Assets
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Total Given
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