I Return of Organization Exempt from Income
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0 0 Form 990 I Return of Organization Exempt From Income Tax Under section 501(c ), 527, or 4947 (a)(1) of the Internal Revenue Code (except black lung Department of the Treasury benefit trust or private foundation) Internal Revenue Service ► The organization may have to use a copy of this return to satisfy state reporting requirements A ror ine cuuD calen aar ear or tax ear oe Innln ZUUS and endin g B Checkdappcetle Please C Name of organization D Employer identification number l a..e bngee IRSor THE PHILADELPHIA FOUNDATION 23-1581832 abet or ge Namchan print or Number and street ( or P O box if mail is not delivered to street address) Room/suite E Telephone number ¢ae Initial rewrn type see Final raMn 1I:) Specific 1234 MARKET STREET , SUITE 1800 215 563-6417 Cash C' ' erfl°etl Instruc- City or town, state or country , and ZIP + 4 retbc `di°0 X Accrual Apo.aron tlons L pending PHILADELPHIA PA 1 107 Other (specify) 101 • Section 501(c)(3) organizations and 4947(a)(1) nonexempt charitable H and I are not applicable to section 527 organizations trusts must attach a completed Schedule A (Form 990 or 990-EZ). H(a) Is this a group return for affiliates'' q Yes [] No G Website. G ► HTTP : WWW . PHILAFOUND . ORG H ( b) If "Yes," enter number of affiliates ► W J Organization type (check only one ) ► x 501 (c) ( 3 ) -4(insert no ) 947(a)(1) or 527 H(c) Are all affiliates included? Yes ^N (if 'No." attach a list See instructions K Check here if the organization's gross receipts are normally not more than $25,000 The ► H(d) is this a separate return filed by an organization need not file a return with the IRS . but if the organization chooses to file a return , be organization covered by a grou p Tulin Yes X No sure to file a complete return Some states require a complete return. I Group Exemption Number ► t) M Check ► if the organization is not required L Gross receipts Add lines 6b , 8b, 9b, and 10b to line 12 ► 113 , 660 , 377 . to attach Sch B ( Form 990. 990-EZ, or 990-PF) Revenue, Ex penses , and Chan ges in Net Assets or Fund Balances (Seethe Instructions 1 Contributions , gifts, grants , and similar amounts received STMT 1 a Direct public support . la 27 , 275 , 701. b Indirect public support . 1 b c Government contributions ( grants ) . 1c d Total ( add lines lathrough lc ) (cashS 25,359 , 729. noncashS 1,915, 972. ) Id 27 275 701. 2 Program service revenue including government fees and contracts (from Part VII , line 93) . 2 56 , 498. 3 Membership dues and assessments . 3 4 Interest on savings and temporary cash investments . 4 230 , 020. 5 Dividends and interest from securities . $TN)T, .3. , , , , , , , , , , , , , 5 7 , 322 , 348 . 6a Gross rents , , , , , , , , , , , , , , , , , , , , , , , , , , 6a b Less rental expenses . .. .. .. .. .... ... 6b c Net rental income or (loss) (subtract line 6b from line 6a ) . 6c 7 Other investment income (describe ► 7 8 a Gross amount from sales of assets other (A) Securities ( B) Other than inventory , , , , , , , , , , , , , , , .78 , 241 , 218. 8a b Less cost or other basis and sales expenses . 76 207 812. 8b c Gain or ( loss) (attach schedule ) . 2 , 03 3 406. 8c d Net gain or ( loss) (combine line 8c, columns ( A) and ( B)) . 8d 2 , 033 , 406. q 9 Special events and activities (attach schedule ) If any amount is from gaming , check here ► a Gross revenue ( not including $ 229,847 . of STMT 4 contributions reported on line 1a ) . $ T!'JT, $ , 9a 90 , 189. b Less direct expenses other than fundraising expenses . 9b 144 , 615. c Net income or (loss ) from special events ( subtract line 9b from line 9a) . 9c - 54 , 426. 10 a Gross sales of inventory, less returns and allowances . Oa b Less cost of goods sold . Ob C Gross profit or (loss ) from sales of inventory (attach schedule ) ( subtract line 1 Ob from line 1 Oa ) . 10c 11 Other revenue (from Part VII , line 103 ) 444 403. 12 Total revenue ( add lines 1d, 2 3 4, 5 6c, 7 , 8d , 9c , 10c I nd 11 • 12 37 , 307 , 950. 13 Program services (from line 44 , column ( B)) 13 23 823 811. .. .. 14 general ( ,}r,n, 14 U) Management and from line 44 , column ( C)) , 1 850 731 . 15 Fundraising ( from line 44, column ( D)) ..... 1 A U 1, U 200 . 15 733 058 . 16 Payments to affiliates ( attach schedule) . 16 17 Total ex penses add lines 16 and 44 , column A = W. 1 -' 17 26 , 407 , 600 . B 18 Excess or (deficit ) for the year ( subtract line 17 from line 12) 18 10 , 900 , 350. m 19 Net assets or fund balances at beginning of year (from line 73 , column (A)) . 19 269 , 123 , 533. 20 Other changes in net assets or fund balances ( attach explanation ) . .S I'^4T . 6. 20 7 , 695 , 144 IV . Z 21 Net assets or fund balances at end of year (combine lines 18 , 19 , and 20 ) • 21 2A7 , 719 , 027. For Privacy Act and Paperwork Reduction Act Notice , see the separate Instructions. Form 990 (2005) JSA 5E10102000 2BM16A 4188 07/28/2006 13:53:58 9 GI-) a 0 Form 990 (2005) Page 2 lia-M Statement of All organizations must complete column (A) Columns (B), (C), and ( D) are required for section 501(c)(3) and (4) Functional Expenses organizations and section 4947( a)(1) nonexempt charitable trusts but optional for others (See the instructions) B) Program (C) Management Do not include amounts reported on line (A) Total ( ( D) Fundraising 6b. 8b 9b 10b or 16 of Part 1 services and g eneral 22 Grants and allocations ( attach schedule) (cash $ 2 1,0-14,599 noncash$ 22 If this amount includes foreign grants, 1 079 99. 1 079 99. TMT 7 check here ► 23 Specific assistance to individuals (attach schedule ) . 23 24 Benefits paid to or for members (attach schedule ) . 24 25 Compensation of officers , directors , etc 25 468 237. 103 748. 142 , 055. 222 , 434 . 26 Other salaries and wages 26 1 486 , 690. 905 374. 415 , 459. 165 , 857. 27 Pension plan contri butions 27 142 , 189. 73 , 476. 42 , 994 . 25 , 719 . 28 Other employee benefits . 28 181 , 183. 78 , 589. 62 , 530. 40 , 064 . 29 Payroll taxes , , , , , , , , , 29 129 , 691. 57 , 833. 43, 860. 27 , 998. 30 Professional fundraising fees 30 31 Accounti ng fees ,,,,,,, 31 50 402. 18 , 084. 20 , 547. 11 , 771. 32 Legal fees . .. 32 52 487. 18 , 831. 21 , 398. 12 258. 33 Supplies . .. .. 33 95 , 880. 38 , 337. 33 , 370. 24 , 173. 34 Telephone . .. .. 34 17 , 359. 6 , 228. 7 077. 9 054. 35 Postage and shipping . 35 33 , 982. 9 429. 18 , 703. 5 850. 36 Occupancy , , , , , , , , , , 36 279 158. 100 161. 113 800. 65 , 197 . 37 Equipment rental and maintenance 37 67 , 113. 24 , 104. 27 , 350. 15 , 659. 38 Printing and publications . 38 27 , 250. 1 , 907. 10 , 446. 14 , 897 . 39 Travel,,,,,,,,,,,, ,,,,,, 39 47 , 589. 28 , 067. 7 001. 12 , 521. 40 Conferences , conventions, and meetings . 40 27 , 643. 10 , 653. 2 399. 14 , 591 41 Interest . .. 41 42 Depreciation , depletion , etc (attach schedule ) 42 23 , 032. 7 094. 9 , 824 . 6 , 114 43 Other expenses not covered above ( itemize) a STMT 8 43a 2 , 203 , 116. 1 , 267 , 297. 871 , 918. 63 , 901. - - - - - - - - - - - - - - b 43b c 43c d -------------------------- 43d e 43e f 43f 43 9 -------------------------- 44 Total functional expenses . Add lines 22 through 43 ( Organizations completing columns ( B)-(D), carry these totals to lines 13-15) . 4 6 407 00. 3 823 11. , 850 , 31. 1 33 58. Joint Costs . Check ► U If you are following SOP 98-2 Are any joint costs from a combined educational campaign and fundraising solicitation reported in ( B) Program services? 10. Yes No If "Yes," enter ( i) the aggregate amount of these j oint costs $ , ( ii) the amount allocated to Program services $ (iii) the amount allocated to Management and general $ , and (iv) the amount allocated to Fundraising $ Form 990 (2005) JSA 5E1020 2 000 2BM16A 4188 07/25/2006 13:05:25 2 0 10 Form 990 (2005) Page 3 li^ Statement of Program Service Accomplishments (See the instructions) Form 990 is available for public inspection and, for some people, serves as the primary or sole source of information about a particular organization How the public perceives an organization in such cases may be determined by the information presented on Its return Therefore, please make sure the return is complete and accurate and fully describes, in Part III, the organization's programs and accomplishments Program Service What is the organization's primary exempt purpose? STATEMENT 9 10-SEE-------------------------------- ------ Expenses All organizations must describe their exempt purpose achievements in a clear and concise manner State the number (Required for 501(c)(3) and of clients served, publications issued, etc Discuss ach ievements that are not measurable (Section 501(c)(3) and (4) (4) orgs , and 4947(a)(1) trusts , but optional for organizations and 4947(a)(1) nonexempt charitable trusts must also enter the amount of grantsrants and allocations to others ) others a SEE-STATEMENT-A------------------------------ ----------------------------------- --- -------------------------------- ----------------------------------- --- -------------------------------- ----------------------------------- --- -------------------------------- ----------------------------------- --- -------------------------------- ----------------------------------- --- -------------------------------- ----------------------------------- -- (Grants and allocations $ ) If this amount includes foreign grants, checkhere 3 , 823 , 811. b -------------------------------- ----------------------------------- --- -------------------------------- ----------------------------------- --- -------------------------------- ----------------------------------- --- --------------------------------