The Albert M Greenfield Foundation
The Albert M. Greenfield Foundation is a private foundation established in 1953 by prominent Philadelphia businessman Albert M. Greenfield. Based in Richboro, Pennsylvania, the foundation is dedicated exclusively to strengthening the fabric of community life in Philadelphia. Since its inception, the foundation has distributed over $46 million across more than 300 nonprofit projects in the Philadelphia metropolitan area.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$23.2M
+8.2% YoY
Annual Giving
$1.0M
-14.9% YoY
Grant Count
13
+8.3% YoY
Avg Grant Size
$80K
-21.4% YoY
Mission & Focus Areas
The foundation's primary mission is to strengthen the fabric of community life in the City of Philadelphia. This mission has remained constant since the foundation's inception.
The foundation's principal goal is to perpetuate Mr. Greenfield's work and creative energy by helping to improve the human condition based on the values of tolerance, dignity, and social justice. The foundation aims to spur creative thinking by supporting new programs that fill unmet needs and respond to changing social conditions.
The foundation supports grants in the following areas:
- Arts and Culture
- Education
- Human Services
- Civic Initiatives
The foundation emphasizes innovative approaches to entrenched problems, measurable outcomes, and programs with replication potential. It seeks to maintain and enrich Philadelphia's historic tradition of intellectual, cultural, and economic contributions to the country and world. Increasingly, the foundation endeavors to support Philadelphia initiatives that have global impact or serve as national models.
Grantmaking
The foundation makes general grants ranging from $5,000 to $250,000, with an average grant of approximately $101,671 and a median grant of $100,000. The foundation does not operate named grant programs but makes grants through a rolling application process to support discrete programs with clear objectives.
Grant Range
s and Types
Average Grant
of approximately $101,671 and a median grant of $100,000. The foundation does not operate named grant programs but makes grants through a rolling application process to support discrete programs with clear objectives.
How to Apply
to support discrete programs with clear objectives.
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Geographic Focus
Where this funder awards grants
The foundation's geographic focus is exclusively the Philadelphia metropolitan area. The foundation is dedicated solely to the needs of Philadelphia communities and does not fund organizations outside this region.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending August 2024:
- Total Assets: $23,198,098
- Total Revenues: $1,595,900
- Total Expenses: $1,560,341
- Total Liabilities: $1,290,000
- Annual Giving: $1.1 million to $1.2 million
Revenue Composition (FY 2024):
- Investment income and dividends: $475,952
- Net gain from sale of non-inventory assets: $1,119,948
The foundation has distributed between $1.1 million and $1.4 million annually in recent years, with grantmaking activity highest in 2021 when $1.4 million was distributed across 13 grants.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $23,198,098 | $21,432,870 | $21,487,428 |
| Revenue | $1,595,900 | $1,385,449 | $1,778,583 |
| Expenses | $1,560,341 | $352,371 | $1,815,730 |
| Qualifying Distributions | $1,105,286 | $1,287,438 | $1,256,806 |
| Net Investment Income | $1,468,549 | $1,262,528 | $1,652,726 |
| Distributable Amount | $1,046,390 | $1,008,828 | $1,127,238 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
60 grants across all recorded years
Open Grants
1 open opportunity from The Albert M Greenfield Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is governed by a board of trustees, the majority of whom are direct descendants of Albert M. Greenfield. Board members include:
- Priscilla Luce (President)
- Deborah G Delauro (Secretary)
- Sarah E Mark
- Edward A Montgomery Jr.
- Mathilde Davidson
- Jason Greenfield
- Gabrielle Quintana Greenfield
- Aaron Greenfield
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PRISCILLA LUCE | PRESIDENT | — | — |
| DEBORAH G DELAURO ESQ | SECRETARY | — | — |
| SARAH E MARK | MEMBER | — | — |
| EDWARD A MONTGOMERY JR | MEMBER | — | — |
| MATHILDE DAVIDSON | MEMBER | — | — |
| JASON GREENFIELD | MEMBER | — | — |
| GABRIELLE QUINTANA GREENFIELD | MEMBER | — | — |
| AARON GREENFIELD | MEMBER | — | — |
Recent News & Activity
Recent developments and announcements
In 2018, the Albert M. Greenfield Foundation made a historic $1 million gift to Temple Libraries, representing a significant commitment to educational resources in Philadelphia.
The Albert M. Greenfield Foundation makes historic $1M gift to Temple LibrariesThe Historical Society of Pennsylvania established the Albert M. Greenfield Center for 20th-Century History, honoring the foundation's support and Mr. Greenfield's legacy.
The Albert M. Greenfield Foundation makes historic $1M gift to Temple LibrariesData last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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