The Philadelphia Poverty Action Fund logo

The Philadelphia Poverty Action Fund

PHILADELPHIA, PA EIN: 87-2442054 Website

THE PHILADELPHIA POVERTY ACTION FUND PROVIDES FUNDING & ADMINISTERS GRANTS TO NON-PROFIT ORGANIZATIONS & PARTNERSHIPS IN ORDER TO CONNECT INDIVIDUALS & FAMILIES TO IMPORTANT ECONOMIC SECURITY PROGRAMS, PUBLIC BENEFITS (CONTINUED ON SCH O)

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.0M

-14.3% YoY

Annual Giving

$6.0M

-8.9% YoY

Grant Count

21

+0.0% YoY

Avg Grant Size

$285K

-8.9% YoY

About The Philadelphia Poverty Action Fund

Based on IRS filings

The Philadelphia Poverty Action Fund is a nonprofit organization focused on Community Improvement & Capacity Building, based in PHILADELPHIA, PA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $7.0M in total assets. In 2024, it awarded 21 grants totaling $6.0M. Net investment income was $218K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

New YorkPhiladelphia

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$7M$11M$14M2021202220232024
Metric202420232022
Total Assets$6,997,569$8,163,754$14,768,275
Revenue$5,442,006$1,546,151$10,809,403
Expenses$7,429,718$8,430,259$4,332,413
Qualifying Distributions
Net Investment Income$218,021$58,346$131
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$7M4 grants202122 grants202221 grants202321 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GREATER PHILADELPHIA COM…$1.5MLOCAL INITIATIVES SUPPOR…$1.0MAFRICAN CULTURAL ALLIANC…$1.0MCOMMUNITY LEGAL SERVICES…$500KPHILADELPHIA LAWYERS FOR…$500KCAMPAIGN FOR WORKING FAM…$400KBEECH COMMUNITY SERVICES$300KDEFENDER ASSOCIATION OF …$178KUPLIFT SOLUTIONS$80KCOMMUNITY COLLEGE OF PHI…$60K

Grant Size Distribution

68 grants across all recorded years

14<$50K30$50–100K2$100–250K9$250–500K2$500K–1M11$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Greater Philadelphia Community Alliance ($1,496,091), Local Initiatives Support Corporation ($1,025,000), African Cultural Alliance of North America ($1,000,000).

RecipientPurposeAmount
GREATER PHILADELPHIA COMMUNITY ALLIANCE PHILADELPHIA, PAGENERAL SUPPORT$1,496,091
AFRICAN CULTURAL ALLIANCE OF NORTH AMERICA PHILADELPHIA, PAGENERAL SUPPORT$1,000,000
LOCAL INITIATIVES SUPPORT CORPORATION PHILADELPHIA, PAGENERAL SUPPORT$1,025,000
COMMUNITY LEGAL SERVICES (CLS) PHILADELPHIA, PAGENERAL SUPPORT$500,000
PHILADELPHIA LAWYERS FOR SOCIAL EQUITY PHILADELPHIA, PAGENERAL SUPPORT$500,000
CAMPAIGN FOR WORKING FAMILIES PHILADELPHIA, PAGENERAL SUPPORT$400,000
BEECH COMMUNITY SERVICES PHILADELPHIA, PAGENERAL SUPPORT$300,000
DEFENDER ASSOCIATION OF PHILADELPHIA PHILADELPHIA, PAGENERAL SUPPORT$177,751
UPLIFT SOLUTIONS PHILADELPHIA, PAGENERAL SUPPORT$80,000
COMMUNITY COLLEGE OF PHILA FOUNDATION PHILADELPHIA, PAGeneral Support$60,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MICHAEL BANKSEXECUTIVE DIRECTOR$228K

From 2024 filing

NameTitleHoursCompensation
MICHAEL BANKSEXECUTIVE DIRECTOR37.5$228,086
DALILA WILSON-SCOTTBOARD CHAIR1
DOUGLAS OLIVERVICE CHAIR1
LESLIE CALLAHANDIRECTOR1
MICHAEL FIELDSDIRECTOR1
WILLIAM A GOLDERERDIRECTOR1
SUSAN JACOBSONDIRECTOR1
MITCHELL LITTLEDIRECTOR (THRU 4/24)1
HARRIET WEISSDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Philadelphia Poverty Action Fund?

The Philadelphia Poverty Action Fund is a nonprofit organization focused on Community Improvement & Capacity Building, based in PHILADELPHIA, PA. It holds $7.0M in total assets as of 2024.

How large is The Philadelphia Poverty Action Fund?

As of 2024, The Philadelphia Poverty Action Fund holds $7.0M in total assets with $5.4M in annual revenue. It awarded 21 grants totaling $6.0M in 2024.

Where does The Philadelphia Poverty Action Fund operate?

The Philadelphia Poverty Action Fund has awarded grants in New York, Pennsylvania.

What size grants does The Philadelphia Poverty Action Fund award?

In 2024, The Philadelphia Poverty Action Fund awarded 21 grants totaling $6.0M — an average of about $285K per grant, based on its IRS Form 990 filings.

What is The Philadelphia Poverty Action Fund's EIN?

The Philadelphia Poverty Action Fund's EIN (Employer Identification Number) is 87-2442054. IRS Form 990 filing data is available on this page for 2021–2024.

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

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