Philadelphia Insurance Companies Fdn

PHILADELPHIA, PA EIN: 46-1563265

Philadelphia Insurance Companies Foundation is a private grantmaking foundation based in Philadelphia, Pennsylvania. Established in 2014, it operates as a corporate foundation affiliated with Maguire Insurance Agency Inc., based in Bala Cynwyd, PA. The foundation is designated as a 501(c)(3) organization and is classified as a corporate foundation under the National Taxonomy of Exempt Entities (NTEE).

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.3M

+41.4% YoY

Grant Count

49

+63.3% YoY

Avg Grant Size

$27K

-13.4% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Philadelphia Insurance Companies Foundation primarily funds general charitable purposes. Its grantmaking focuses on education, philanthropy and voluntarism, and human services. The foundation has demonstrated particular interest in environmental initiatives, including reforestation efforts and urban tree planting programs. It also supports scholarship and educational access programs.

Grantmaking

The foundation made 30 grants in 2023. Typical grant awards range from $1,000 to $105,843. Recent grantees have included:

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Pennsylvania, the District of Columbia, and New York.

Grant Distribution by State

20states
+12 more states

Cities

AlexandriaAthensAtlantaBostonBoulderBrooklynBroomallCheltenhamChesterChicagoChinoClaremontConshohockenCookevilleDiamond BarDrexel HillFortvilleHagerstownHockleyHouston

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $27.8 million
  • Total Revenue: $6.39 million
  • Total Expenses: $1.09 million
  • Total Liabilities: $0

As of 2024:

  • Total Assets: $30.1 million
  • Total Giving: $1.33 million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$454K$908K$1M$2M1 grants202011 grants202119 grants202230 grants202349 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

CHOP - Parkway Run$106KNATIONAL ARBOR DAY FOUND…$100KShoes that Fit$100KCHOP Medical Financial P…$100KBEST BUDDIES INTERNATION…$50KSJU School of Risk Manag…$50KTemple University School…$50KAIM Academy Pathways Pro…$50KUniversity of Georgia$50KChildren's Scholarship F…$50K

Grant Size Distribution

110 grants across all recorded years

76<$50K27$50–100K6$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOHN W GLOMB JRDIRECTOR5
KAREN A GILMER-PAUCIELLODIRECTOR5
MICHAEL W KELLYVICE PRESIDENT5
SCOTT M YURKOSECRETARY5
Brian OReillyDIRECTOR5

Recent News & Activity

Recent developments and announcements

2024

In 2024, the foundation awarded $200,000 to Children's Scholarship Fund Philadelphia to support educational access and scholarship opportunities for students in the Philadelphia region. The foundation has been active in environmental philanthropy, supporting reforestation initiatives in response to the 2023 Turkey earthquake and participating in urban tree planting programs in Philadelphia. The foundation also contributed to disaster relief efforts following the Hawaii wildfires in 2023.

Children\u2019s Scholarship Fund Philadelphia receives $200k from new Philadelphia\

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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