2024-08-15T12:01:17-05:00 2023-12-31 920460586 PWC US TAX LLP 301 GRANT STREET 45TH FLOOR PITTSBURGH PA 15219 990 2023-01-01 306595159 MASCIANTONIO FOUNDATION MASC 2128523049 PO BOX 1532 PENNINGTON NJ 08534 THE PHILADELPHIA FOUNDATION TRUSTEE TRUSTEE 2128523049 2024-07-31 true true LAWRENCE MCGUIRE P01233953 4123556000 2024-07-31 X 2023 2024-08-08 14:25:15Z X BANK OF AMERICA N A PO BOX 1532 PENNINGTON NJ 08534 1528906 false X N/A X 2017 PA SUPPORT OF THE TEACHING OF LATIN, GREEK, AND CLASSICAL STUDIES BY MEANS OF THE PHILADELPHIA FOUNDATION X 1 0 0 0 0 291973 0 0 305880 162372 0 597853 162372 405080 9347284 0 88723 45380 0 0 21772 331498 515575 9724162 82278 -9561790 8233225 0 0 0 8233225 0 SUPPORT OF THE TEACHING OF LATIN, GREEK, AND CLASSICAL STUDIES BY MEANS OF THE PHILADELPHIA FOUNDATION false false 9347284 9347284 SUPPORT OF THE TEACHING OF LATIN, GREEK, AND CLASSICAL STUDIES BY MEANS OF THE PHILADELPHIA FOUNDATION 9347284 true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false true false false true false false false true 0 0 true 0 false false false false false false false false false false false false false X 1 0 false false false false false false false true true false false true false false false false false false PA X X BANK OF AMERICA NA 2128523049 PO BOX 1532 PENNINGTON NJ 08534 PHILADELPHIA FOUNDATION CO-TRUSTEE 2.0 X 0 0 0 BANK OF AMERICA NA CO-TRUSTEE 2.0 X 45381 0 0 45381 0 0 false false false 122245 122245 1406661 1366534 40127 40127 40127 162372 162372 9347284 9347284 45380 27228 18152 328317 328317 INVESTMENT FEES 428 428 FOREIGN TAXES PAID 2753 2753 9724162 9702829 21333 0 1 377814 7855410 8233225 0 0 0 X 8233225 0 8233225 0 8233225 0 X -9561790 1328565 X false false false X X 1 PHILADELPHIA FOUNDATION 231581832 8 true 9347284 0 1 9347284 0 true false false false false false false false false false false false false false false true false 0 0 0 0 0 0 true THE PHILADELPHIA FOUNDATION 1835 Market St Ste 2410 Philadelphia PA 191032909 231581832 501(c)(3) 9347284 FMV SUPPORT OF THE TEACHING OF EXPLANATION FOR FORM 990, SCHEDULE I, PART 1, LINE 2 THE TRUSTEE AND SUPPORTED ORGANIZATION ARE IN CLOSE CONTACT THROUGHOUT THE YEAR TO MONITOR USE OF FUNDS. CASH 2023-12-31 9347284 FMV 231581832 PHILADELPHIA FOUNDATION 1835 Market St Ste 2410 Philadelphia PA 191032909 501C3 false false false false true true true true false false FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW THE AUDIT COMMITTEE OF THE SUPPORTED ORGANIZATION REVIEWS DRAFTS OF THE FORM 990. ONCE COMPLETED, THE FORM 990 WILL BE MADE AVAILABLE ELECTRONICALLY TO THE ENTIRE BOARD. EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c GOVERNANCE IS HANDLED BY THE SUPPORTED ORGANIZATION. THE CONFLICT OF THE INTEREST POLICY IS ADMINISTERED AND IMPLEMENTED BY THE SUPPORTED ORGANIZATION'S AUDIT COMMITTEE. EACH TRUSTEE AND FULL TIME EMPLOYEE IS REQUIRED TO ANNUALLY SUBMIT A CONFLICT OF INTEREST DISCLOSURE FORM. THE EXECUTIVE DIRECTOR AND PRESIDENT JOINTLY MONITOR PROPOSED BUSINESS TRANSACTIONS WHICH MAY HAVE THE POTENTIAL FOR CONFLICTS OF INTEREST AND THE CHAIR OF THE AUDIT COMMITTEE OF THE SUPPORTED ORGANIZATION IS NOTIFIED IF A POTENTIAL CONFLICT OF INTEREST IS FOUND. ANY TRUSTEE OR FULL TIME EMPLOYEE WHO BELIEVES HE OR SHE MAY HAVE A POTENTIAL CONFLICT MUST IMMEDIATELY CONTACT THE CHAIR OF THE AUDIT COMMITTEE OF THE SUPPORTED ORGANIZATION. THE CHAIR OF THE EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c AUDIT COMMITTEE OF THE SUPPORTED ORGANIZATION DETERMINES WHETHER A CONFLICT OF INTEREST EXISTS. WHEN A PROPOSED TRANSACTION INVOLVES A CONFLICT, THE CONFLICTED TRUSTEE/EMPLOYEE IS ADVISED AND IS REQUIRED TO SUBMIT AN UPDATED DISCLOSURE FORM. A TRUSTEE WHO HAS A CONFLICT OF INTEREST DOES NOT PARTICIPATE IN BOARD OR COMMITTEE CONSIDERATION OR DETERMINATIONS ON THE MATTER. FORM 990, PAGE 6, PART VI, LINE 15a THE EXECUTIVE COMMITTEE OF THE SUPPORTED ORGANIZATION REVIEWS EXECUTIVE DIRECTOR PERFORMANCE AND RECOMMENDS COMPENSATION TO THE FINANCE COMMITTEE OF THE SUPPORTED ORGANIZATION. THE FINANCE COMMITTEE OF THE SUPPORTED ORGANIZATION INCORPORATES THE RECOMMENDED COMPENSATION INTO THE BUDGET AND FORWARDSTHE BUDGET TO THE FULL BOARD. THE BOARD OF THE SUPPORTED ORGANIZATION HAS FINAL APPROVAL OF ALL COMPENSATION. THE ORGANIZATION HAS NO OTHER KEY EMPLOYEES FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND OTHER INFORMATION ARE MADE AVAILABLE UPON REQUEST EXPLANATION FOR FORM 990, PART XI, LINE 9 MUTUAL FUND TIMING DIFFERENCE $1,570; TAX LOT BASIS ADJ $(10); PY PURCHASE OF ACCRUED INTEREST $4, FMV IN EXCESS OF COST OF DISTRIBUTION $1,324,371, COST BASIS ADJ $2,630 THE PHILADELPHIA FOUNDATION 1835 Market St Ste 2410 Philadelphia PA 191032909 231581832 COMMUNITY OUTREACH PA 501(C)(3) 170(b)(1)(A)(vi) N/A false false true false false false false false false false false false false false false false false false false false THE PHILADELPHIA FOUNDATION b 9347284 FMV