PHILANTHROPY NETWORK GREATER PHILADELPHIA

EIN: 232518417 501(c)(3) Philanthropy & Grantmaking

PHILADELPHIA, PA

Total Revenue
$1,222,611
Total Expenses
$1,501,838
Total Assets
$909,950
Net Assets
$829,218
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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
PA
Principal Officer
MICHAEL KELLERMAN
Phone
2157909700
Tax Period
2023-01-01 to 2023-12-31

PHILANTHROPY NETWORK GREATER PHILADELPHIA, founded in 1988, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2023. Expenses of $1.5M exceeded revenue, resulting in a 23% operating deficit.

Mission

TO STRENGTHEN PHILANTHROPY IN ORDER TO CREATE A MORE VIBRANT, RESILIENT, AND EQUITABLE REGION.

Program Service Accomplishments

Program 1
Expenses: $371,079 Revenue: $132,500

EDUCATIONAL PROGRAMS-LAST YEAR SAW PHILANTHROPY NETWORK GREATER PHILADELPHIA CONTINUE ITS MISSION, TO STRENGTHEN PHILANTHROPY IN ORDER TO CREATE A MORE RESILIENT, VIBRANT AND EQUITABLE REGION, AS THE...

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EDUCATIONAL PROGRAMS-LAST YEAR SAW PHILANTHROPY NETWORK GREATER PHILADELPHIA CONTINUE ITS MISSION, TO STRENGTHEN PHILANTHROPY IN ORDER TO CREATE A MORE RESILIENT, VIBRANT AND EQUITABLE REGION, AS THE ORGANIZATION AND SURROUNDING COMMUNITY BEGAN TO EMERGE FROM THE COVID PANDEMIC. WHILE STILL RELYING MAINLY ON VIRTUAL PROGRAMMING, PN ENGAGED ITS MEMBERSHIP IN ALMOST 40 ONLINE SESSIONS. WITH TOPICS RANGING FROM "CELEBRATING BLACK ABUNDANCE, AND "IMPLEMENTATION OF A PARTICIPATORY GRANTMAKING PROCESS," TO "CENTERING EQUITY IN FINANCIAL DUE DILIGENCE, " WE RECEIVED OVER 300 UNIQUE ORGANIZATIONAL REGISTRATIONS FOR THESE EVENTS.

Program 2
Expenses: $339,282

COMMUNICATION AND MEMBER SERVICES-WE CONTINUE TO FIND NEW WAYS TO STAY ENGAGED WITH OUR MEMBERS AND IN 2022 WE LAUNCHED OUR SECOND ANNUAL FULL MEMBERSHIP OUTREACH, WHICH WE CALL THE PULSE SURVEY, TO...

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COMMUNICATION AND MEMBER SERVICES-WE CONTINUE TO FIND NEW WAYS TO STAY ENGAGED WITH OUR MEMBERS AND IN 2022 WE LAUNCHED OUR SECOND ANNUAL FULL MEMBERSHIP OUTREACH, WHICH WE CALL THE PULSE SURVEY, TO LEARN MORE ABOUT HOW REGIONAL FUNDERS ARE CONTINUING TO ADAPT AND EVOLVE THEIR GRANTMAKING PRACTICES AND PRIORITIES AS A RESULT OF THE COVID-19 PANDEMIC, THE ECONOMIC DOWNTURN AND THE ONGOING IMPACT OF SYSTEMIC RACISM. NEW IN THE 2022 SURVEY WERE QUESTIONS RELATING TO MEMBERS' INTERNAL OPERATIONS, INCLUDING POLICIES, BENEFITS AND COMPENSATION. THROUGH THIS COMPREHENSIVE QUESTIONNAIRE WE WERE ABLE TO BETTER UNDERSTAND OUR MEMBERS PRIORITIES AND EMERGING TRENDS IN THE FUNDER COMMUNITY. WE INCORPORATED THESE LEARNINGS INTO OUR PROGRAMING AND OVERALL ENGAGEMENT STRATEGY. STAFF ALSO DEVELOPED A MORE CONTINUOUS CONNECTION WITH OUR MEMBERSHIP VIA THE "FEEDBACK LOOP," A BIWEEKLY ONE TO TWO QUESTION SURVEY FOCUSED ON THE MOST CURRENTLY RELEVANT ISSUE FOR OUR COMMUNITY. FROM MAY 2022 WHEN THIS INITIATIVE LAUNCHED, THROUGH THE END OF THE YEAR, STAFF WAS ABLE TO REACT TO OUR MEMBER'S MOST PRESSING CONCERNS WITH JUST-IN-TIME DATA AROUND SUCH ISSUES AS: THE IMPACT OF INFLATION ON FUNDERS, STAFF TURNOVER AND BURN-OUT, FUNDER ENGAGEMENT IN ADVOCACY WORK AND POLICIES AROUND THE RETURN TO IN-PERSON WORK.

Program 3
Expenses: $207,913

MADE TO MEASURE- AFTER RECEIVING A 2-YEAR GRANT FROM THE BILL & MELINDA GATES FOUNDATION, PHILANTHROPY NETWORK SUCCESSFULLY DEVELOPED A PILOT PLATFORM DESIGNED TO TEST AND EXPLORE THE QUESTION OF...

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MADE TO MEASURE- AFTER RECEIVING A 2-YEAR GRANT FROM THE BILL & MELINDA GATES FOUNDATION, PHILANTHROPY NETWORK SUCCESSFULLY DEVELOPED A PILOT PLATFORM DESIGNED TO TEST AND EXPLORE THE QUESTION OF WHETHER AND HOW DIGITAL TOOLS MIGHT ENGAGE AND INFLUENCE HIGH-CAPACITY GIVING, INCLUDING BOTH THE QUANTITY AND THE QUALITY OF THAT GIVING. STAFF WORKED WITH PLATFORM DEVELOPMENT PARTNER CAPSHIFT, AND THE ONLINE TOOL WAS LAUNCHED IN SEPTEMBER 2022. BY THE END OF YEAR, IT WAS BEING TESTED BY A GROUP OF 10 PN MEMBER ORGANIZATIONS. THESE EARLY ADOPTERS SUPPLIED OVER 200 GRANTEE OPPORTUNITIES FOR THE PLATFORM, WHILE ALSO PARTICIPATING IN GUIDED USER EXPERIENCE MODULES AND PROVIDING FEEDBACK ON BOTH THE FUNCTIONALITY AND UNDERLYING CONCEPT OF THE PLATFORM VIA SURVEYS AND ONE-ON-ONE INTERVIEWS. A FULL LAUNCH TO THE ENTIRE PHILANTHROPY NETWORK MEMBERSHIP IS PLANNED FOR 2023.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,087,912
Program Service Revenue $132,500
Investment Income $710
Other Revenue $1,489
TOTAL REVENUE $1,222,611

Expense Breakdown

Grants Paid $0
Salaries & Benefits $765,324
Fundraising Expenses $140,277
Program Expenses $1,046,560
Other Expenses $736,514
TOTAL EXPENSES $1,501,838

Year-over-Year Comparison

2023 2022 Change
Revenue $1,222,611 $1,278,055 0.0%
Expenses $1,501,838 $1,338,232 +0.1%
Net Income $-279,227 $-60,177 +3.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
20
Independent Members
20
Employees
8
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$428,806
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RASHANDA PERRYMAN CHAIR 1.00
Officer Director
$0 $0 $0
ASHLEY DEL BIANCO EX OFFICIO CHAIR 1.00
Officer Director
$0 $0 $0
ANN MARIE HEALY TREASURER 1.00
Officer Director
$0 $0 $0
DIANA DOHERTY SECRETARY 1.00
Officer Director
$0 $0 $0
CASEY COOK OFFICER AT-LARGE 1.00
Director
$0 $0 $0
LEON T ANDREWS DIRECTOR 1.00
Director
$0 $0 $0
JOHN BARBER III DIRECTOR 1.00
Director
$0 $0 $0
LAURA DEFLAVIA DIRECTOR 1.00
Director
$0 $0 $0
BETHANY FLOOD DIRECTOR 1.00
Director
$0 $0 $0
DONNA FRISBY-GREENWOOD DIRECTOR 1.00
Director
$0 $0 $0
GWNETH GAUL DIRECTOR 1.00
Director
$0 $0 $0
PETER GONZALES DIRECTOR 1.00
Director
$0 $0 $0
DOMINIQUE GOSS DIRECTOR 1.00
Director
$0 $0 $0
JODI GREENBLATT DIRECTOR 1.00
Director
$0 $0 $0
UMI HOWARD DIRECTOR 1.00
Director
$0 $0 $0
REV DR LORINA MARSHALL-BLAKE DIRECTOR 1.00
Director
$0 $0 $0
SHAWN MCCANEY DIRECTOR 1.00
Director
$0 $0 $0
KRISTIN ROMENS DIRECTOR 1.00
Director
$0 $0 $0
DANIELLE SCOOT DIRECTOR 1.00
Director
$0 $0 $0
KRISTINA WAHL DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE ROBINSON PRESIDENT 40.00
Officer
$229,213 $746 $229,959
SHIRA HODGES EXECUTIVE VICE PRESIDENT 40.00
Officer
$189,000 $9,847 $198,847
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,222,611 $1,501,838 $909,950 $-279,227
2022 $1,278,055 $1,338,232 $1,208,730 $-60,177
2021 $3,056,265 $2,661,211 $1,306,274 $395,054
2020 $2,075,667 $1,973,768 $927,431 $101,899
2019 $1,331,117 $1,514,339 $730,388 $-183,222
2018 $1,377,533 $960,407 $926,869 $417,126
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