The William Penn Foundation logo

The William Penn Foundation

PHILADELPHIA, PA EIN: 23-1503488 Website

The William Penn Foundation is a private family foundation based in Philadelphia, Pennsylvania. As one of the largest funders in the region and the country, the Foundation invests in ideas that expand opportunity for all in the Philadelphia region. The organization is a 501(c)(3) tax-exempt entity incorporated in Delaware in 1945.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.4B

+4.5% YoY

Annual Giving

$148.8M

-2.8% YoY

Grant Count

1,027

-13.0% YoY

Avg Grant Size

$145K

+11.6% YoY

Under IRS private-foundation payout rules, The William Penn Foundation reported a distributable amount of $161.2M for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

Mission Statement: The William Penn Foundation is committed to expanding access to resources and opportunities that promote a more vital and just city and region for all.

Five Grantmaking Programs:

  1. Arts and Culture — Supporting arts and cultural initiatives in the region
  2. Children and Families — Focusing on improving outcomes for children and families
  3. Democracy and Civic Initiatives — Building trust and participation in democratic processes so that more voices can be heard and interests are equitably represented; helping the region respond to resident needs
  4. Environment and Public Space — Supporting environmental initiatives and improvement of public spaces in the greater Philadelphia region
  5. Workforce Training and Services — Supporting Philadelphia residents to prepare for, secure, and retain family-sustaining employment; removing barriers to skills development and removing obstacles such as childcare, transportation, and justice system records

Grantmaking

The Foundation has shifted to a Request for Proposal (RFP) approach to grantmaking to help make its work more equitable and transparent. The Foundation is currently open for unsolicited proposals. Prospective applicants are encouraged to review the "How to Apply" section on the Foundation's website to assess their fit for funding opportunities.

How to Apply

**

Ready to take the next step with The William Penn Foundation?

Geographic Focus

Where this funder awards grants

The Foundation primarily funds in Pennsylvania, with additional support in New Jersey, New York, and Washington, D.C. The primary focus is the Philadelphia region.

Grant Distribution by State

44states
+36 more states

Cities

AberdeenAbingtonAkronAlbanyAlbert LeaAlexandriaAllentownAlpharettaAltonAmblerAnn ArborAnnapolisArlingtonAsburyAtcoAtlantaAudubonAvondaleBakersfieldBala Cynwyd

Financial History

Multi-year comparison from IRS filings

Fiscal Year 2024 (Form 990-PF):

  • Total Assets: $3,435,225,624
  • Total Liabilities: $99,629,188
  • Net Assets: $3,335,596,436
  • Total Revenue: $158,540,937
  • Total Expenses: $154,225,097
  • Net Income: $4,315,840

Revenue Sources (2024):

  • Dividends: $22,278,395
  • Sales of Assets: $136,224,599
  • Contributions Received: $36,750
  • Other Income: $1,193

Notable Expenses (2024):

  • Charitable Disbursements: $159,969,971
  • Compensation of Officers: $2,814,953

Tax Status: Tax-exempt since April 1947. EIN: 23-1503488. Required to file IRS Form 990-PF.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$116M$232M$347M$463M20202021202220232024
Metric202420232022
Total Assets$3,435,225,624$3,286,225,714$3,236,819,790
Revenue$158,540,937$108,930,400$79,917,908
Expenses$154,225,097$181,008,307$207,861,146
Qualifying Distributions$160,761,472$165,432,662$152,864,246
Net Investment Income$336,628,521$239,071,512$68,233,496
Distributable Amount$161,167,915$156,338,872$169,924,894

Giving Over Time

Total grant dollars and number of grants per year

$0$38M$77M$115M$153M1,346 grants20201,393 grants20211,107 grants20221,180 grants20231,027 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

4DASOIL$270KALLIANCE FOR GLOBAL JUST…$250KARTREACH INC$238KAMERICAN RIVERS INC$216KARDEN THEATRE COMPANY$200KAFTER-SCHOOL ALL-STARS$175KAPPALACHIAN MOUNTAIN CLUB$163KACADEMY OF NATURAL SCIEN…$150KAMERICAN LITTORAL SOCIETY$147KAMANDLA$147K

Grant Size Distribution

250 grants across all recorded years

133<$50K64$50–100K46$100–250K3$250–500K1$500K–1M3$1–5M$5M+

Open Grants

35 open opportunities from The William Penn Foundation

Show all 35 →

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include 4dasoil ($270,000), Alliance for Global Justice ($250,000), Artreach Inc ($237,600).

RecipientPurposeAmount
1812 PRODUCTIONS INC PHILADELPHIA, PAGENERAL SUPPORT$13,225
1812 PRODUCTIONS INC PHILADELPHIA, PAGENERAL OPERATING SUPPORT TRANSITION FUNDING FY24 AND FY25$62,500
412 JUSTICE PITTSBURGH, PAPA SCHOOLS WORK$60,000
4DASOIL PHILADELPHIA, PASUPPORT LAND PRESERVATION AND COMMUNITY CLIMATE RESILIENCE.$270,000
54 BELOW INC NEW YORK, NYGENERAL SUPPORT$350
AARP FOUNDATION LONG BEACH, CAGENERAL SUPPORT$100
ABINGTON FRIENDS SCHOOL JENKINTOWN, PAGENERAL SUPPORT$1,400
ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA PHILADELPHIA, PAADVANCE GREEN STORMWATER INFRASTRUCTURE THROUGH THE RESILIENT COMMUNITIES STORMWATER INITIATIVE$150,000
ACADEMY OF NATURAL SCIENCES OF PHILADELPHIA PHILADELPHIA, PADEVELOP A CLIMATE RESILIENCE PLAN FOR THE GERMANTOWN NEIGHBORHOOD$120,800
ACHIEVE NOW PHILADELPHIA, PAPROVIDE ADDITIONAL LITERACY INTERVENTIONS AND SUPPORT TO ELEMENTARY STUDENTS$100,000

Leadership & Key People

Leadership team and compensation from IRS filings

Key Personnel:

  • Shawn McCaney — Executive Director
  • MaDoe Htun — Chief Investment Officer
  • Elliot Weinbaum — Chief Philanthropy Officer
  • Bryan Ulishney — Chief Financial and Administrative Officer
  • Rebecca Morley — Chief Communications and External Affairs Officer

The Foundation's team represents a diversity of thought and experience, with recognition that the best ideas emerge from collaborating within communities and with the engagement and support of people who live there.

Compensation Overview

From 2024 IRS filing

MADOE HTUNCHIEF INVESTMENT OFFICER$1.4MSHAWN MCCANEYEXECUTIVE DIRECTOR$484KBRYAN ULISHNEYDIRECTOR OF FINANCE AND ADMI…$373KELLIOT WEINBAUMCHIEF PHILANTHROPY OFFICER$352KJESSICA RICHARDSPROGRAM DIRECTOR/ASSISTANT S…$200K

From 2024 filing

NameTitleHoursCompensation
ALLISON ACEVEDOBOARD MEMBER1
ANDREW HAASBOARD MEMBER1
BRYAN ULISHNEYDIRECTOR OF FINANCE AND ADMIN./TREAS.40$372,797
CATHERINE HAASASSOCIATE BOARD MEMBER1
DAVID HAASCORP MEMBER1
DOROTHY HANRAHANASSOCIATE BOARD MEMBER2
ELLIOT WEINBAUMCHIEF PHILANTHROPY OFFICER40$352,490
JANET HAASBOARD MEMBER/ASSOCIATE CORP MEMBER3
JESSICA RICHARDSPROGRAM DIRECTOR/ASSISTANT SECRETARY40$199,824
JOHN HANRAHANBOARD MEMBER1
KATHERINE CHRISTIANOBOARD CHAIR/CORP VICE CHAIR3
LEONARD HAASBOARD MEMBER/CORP MEMBER2
LORENA AHUMADABOARD MEMBER2
MADOE HTUNCHIEF INVESTMENT OFFICER40$1,406,257
MARCEL PRATTBOARD MEMBER2
PETER HAASBD VICE CH/CORP CH4
ROBERT VICTORBOARD MEMBER2
SARAH HAASBD SECRETARY/ CORP MEMBER2
SHAWN MCCANEYEXECUTIVE DIRECTOR40$483,585
SUZANNE WELSH- LEFT 102024BOARD MEMBER2
THOMAS HAASBOARD MEMBER/CORP MEMBER2
NICHOLAS HAAS- STARTED 042024ASSOCIATE BOARD MEMBER2

Recent News & Activity

Recent developments and announcements

The Foundation regularly announces awarded grants, with recent announcements published in:

Awarded Grants | November 2025 | William Penn Foundation
2026

February 2026

2025

November 2025

2025

August 2025

2025

May 2025

2025

February 2025

The Foundation has implemented a new grantmaking approach and held virtual sessions to share updated funding priorities and strategies, insights from the review process, and new grant opportunities.

Awarded Grants | November 2025 | William Penn Foundation

Frequently Asked Questions

What does The William Penn Foundation fund?

**Mission Statement:** The William Penn Foundation is committed to expanding access to resources and opportunities that promote a more vital and just city and region for all. **Five Grantmaking Programs:** 1. **Arts and Culture** — Supporting arts and cultural initiatives in the region 2. **Children and Families** — Focusing on improving outcomes for children and families 3. **Democracy and Civic Initiatives** — Building trust and participation in democratic processes so that more voices can be…

How do I apply for a grant from The William Penn Foundation?

**Grant Activity:** • Made total grants of $148.8 million to 1,253 grantees in 2024 • Typical grant awards range from $30 to $14,419,000 • 64% of grantees received multi-year funding • 31 live grant opportunities available **Recent Notable Grants (2024):** • National Philanthropic Trust: $7,777,255 (Implement the Rebuild Initiative) • Delaware River Waterfront Corporation: $7,000,000 (Construction of Penn's Landing Park) • Philadelphia Orchestra and Ensemble Arts: $5,000,000 (Capital Campaign 2…

Where does The William Penn Foundation make grants?

The Foundation primarily funds in Pennsylvania, with additional support in New Jersey, New York, and Washington, D.C. The primary focus is the Philadelphia region.

What size grants does The William Penn Foundation award?

In 2024, The William Penn Foundation awarded 1,027 grants totaling $148.8M — an average of about $145K per grant, based on its IRS Form 990 filings.

How much is The William Penn Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The William Penn Foundation reported a distributable amount of $161.2M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The William Penn Foundation's EIN?

The William Penn Foundation's EIN (Employer Identification Number) is 23-1503488. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in The William Penn Foundation's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

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

What could you do with The William Penn Foundation on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching The William Penn Foundation to a real strategy.

Plan your approach