2026-03-05T11:42:48-05:00 2025-06-30 MILLIGAN & COMPANY LLC 105 N 22ND ST FL 2 PHILADELPHIA PA 191031302 990 2024-07-01 300070983 PHILADELPHIA CONVENTION AND VISITORS BUREAU FOUNDATION PHIL 2158648324 1601 MARKET STREET SUITE 200 PHILADELPHIA PA 19102 GREGG CAREN PRESIDENT & CEO 2156364462 2025-03-04 true false JOHN MILLIGAN CPA P02155323 2154969100 2026-03-05 2024 2025-03-06 01:10:19Z GREGG CAREN 1601 MARKET STREET SUITE 200 PHILADELPHIA PA 19102 278441 false X WWW.DISCOVERPHL.COM X 2002 PA MISSION/PURPOSE: THE PHILADELPHIA CONVENTION AND VISITORS BUREAU FOUNDATION ("FOUNDATION") WAS ESTABLISHED IN 2002 TO CONDUCT PUBLIC, CHARITABLE, AND EDUCATIONAL ACTIVITIES AND TO ATTRACT ADDITIONAL SUPPORT FOR THOSE ACTIVITIES FROM FOUNDATIONS AND THE GENERAL PUBLIC. THE FOUNDATION HAS A 501(C)(3) TAX-EXEMPT STATUS BECAUSE ITS ACTIVITIES ARE CHARITABLE AND EDUCATIONAL. THE MISSION OF THE FOUNDATION, IN COOPERATION WITH THE CITY OF PHILADELPHIA AND THE COMMONWEALTH OF PENNSYLVANIA, IS TO PROVIDE FUNDING IN SUPPORT OF ACTIVITIES THAT PROMOTE, BEAUTIFY, AND CELEBRATE PHILADELPHIA IN AN EFFORT TO STIMULATE THE CITY'S TOURISM INDUSTRY. TOGETHER WITH ITS PARTNERS, THE FOUNDATION SUPPORTS PROJECTS THAT MAKE THE CITY MORE INVITING TO VISITORS, ESPECIALLY THOSE ATTENDING A CONVENTION OR SPECIAL EVENT, OR VISITORS TRAVELING FROM ANOTHER COUNTRY. IN ADDITION, THE FOUNDATION HELPS PHILADELPHIANS PREPARE THEMSELVES FOR CAREERS IN THE REGION'S DYNAMIC HOSPITALITY INDUSTRY, AND ASSISTS CORPORATE VIS 15 14 0 0 243338 86000 0 57851 72205 120236 301189 278441 34500 57500 0 0 0 190197 210143 202447 244643 259947 56546 18494 1968115 1989232 12527 15150 1955588 1974082 X MISSION/PURPOSE: THE PHILADELPHIA CONVENTION AND VISITORS BUREAU FOUNDATION ("FOUNDATION") WAS ESTABLISHED IN 2002 TO CONDUCT PUBLIC, CHARITABLE, AND EDUCATIONAL ACTIVITIES AND TO ATTRACT ADDITIONAL SUPPORT FOR THOSE ACTIVITIES FROM FOUNDATIONS AND THE GENERAL PUBLIC. THE FOUNDATION HAS A 501(C)(3) TAX-EXEMPT STATUS BECAUSE ITS ACTIVITIES ARE CHARITABLE AND EDUCATIONAL. THE MISSION OF THE FOUNDATION, IN COOPERATION WITH THE CITY OF PHILADELPHIA AND THE COMMONWEALTH OF PENNSYLVANIA, IS TO PROVIDE FUNDING IN SUPPORT OF ACTIVITIES THAT PROMOTE, BEAUTIFY, AND CELEBRATE PHILADELPHIA IN AN EFFORT TO STIMULATE THE CITY'S TOURISM INDUSTRY. TOGETHER WITH ITS PARTNERS, THE FOUNDATION SUPPORTS PROJECTS THAT MAKE THE CITY MORE INVITING TO VISITORS, ESPECIALLY THOSE ATTENDING A CONVENTION OR SPECIAL EVENT, OR VISITORS TRAVELING FROM ANOTHER COUNTRY. IN ADDITION, THE FOUNDATION HELPS PHILADELPHIANS PREPARE THEMSELVES FOR CAREERS IN THE REGION'S DYNAMIC HOSPITALITY INDUSTRY, AND ASSISTS CORPORATE VIS false false 15000 HOSPITALITY EDUCATION: THE FOUNDATION SUPPORTS PROJECTS THAT TRAIN AND EDUCATE INDIVIDUALS FOR CAREERS IN THE HOSPITALITY INDUSTRY AND PROVIDES AN ANNUAL SCHOLARSHIP (THE MARIE BAKER BROWN SCHOLARSHIP) AVAILABLE FOR HOSPITALITY STUDENTS ENROLLED AT LOCAL UNIVERSITIES. IT PRODUCES PROGRAMMING DESIGNED TO PROVIDE GUIDANCE TO HIGH SCHOOL AND COLLEGE STUDENTS INTERESTED IN CAREERS IN THE HOSPITALITY FIELD. THIS PROGRAM STRIVES TO ENSURE THAT PHILADELPHIA'S DIVERSE COMMUNITIES CAN PARTICIPATE IN AND BENEFIT FROM THE ECONOMIC BENEFITS DRIVEN BY THE TOURISM INDUSTRY. 22500 COMMUNITY IMPROVEMENT AND OUTREACH: THE FOUNDATION TRADITIONALLY SUPPORTS PROJECTS SUCH AS PHL CARES, A HIGH- IMPACT, BUSINESS-LED RESPONSE TO PHILADELPHIA'S CHRONIC STREET HOMELESSNESS ISSUE, MOBILIZING RESOURCES AND LEADERSHIP FOR REAL SOLUTIONS - PROMOTING HOUSING, JOBS, AND SERVICES - TO END HOMELESSNESS. THE FOUNDATION SUPPORTS THE MANAGEMENT OF PHLCARES.COM AND PROMOTIONAL ASSETS. THE FOUNDATION ALSO SUPPORTS LOCAL ORGANIZATIONS INCLUDING HABITAT FOR HUMANITY, BROAD STREET MINISTRY, FRIENDS SELECT SCHOOL, AND BELLS ACROSS PA TO ADVANCE KEY INITIATIVES AIMED AT ENHANCING PHILADELPHIA'S QUALITY OF LIFE AND BEAUTIFYING PROMINENT PUBLIC SPACES. ITS GOAL IS TO ENSURE THAT PARKS, HISTORICAL SITES, MONUMENTS, AND BUILDINGS ARE WELL MAINTAINED AND WELCOMING TO THE PUBLIC. 20000 HOSPITALITY INDUSTRY SUPPORT: THE FOUNDATION'S PROGRAMS HIGHLIGHT AND SUPPORT THE REGION'S DYNAMIC HOSPITALITY SECTOR AND EVENTS THAT SHOWCASE AND CELEBRATE THE WORK OF ALL EMPLOYED IN THE REGION'S HOSPITALITY INDUSTRY. BY HIGHLIGHTING EXISTING WORKERS AND THEIR ACCOMPLISHMENTS, THE FOUNDATION HELPS DEVELOP A ROBUST WORKFORCE FOR THE REGIONAL HOSPITALITY INDUSTRY. ADDITIONALLY, THE FOUNDATION HELPS SUPPORT THE WORK OF TOURISM DIVERSITY MATTERS (TDM), A COLLABORATIVE LEADER OF DIVERSITY, EQUITY, AND INCLUSION INITIATIVES THAT ADDRESS THE GAPS OF ETHNIC DISPARITIES IN THE TOURISM AND HOSPITALITY INDUSTRY. IT PROVIDES DECISION-MAKERS IN THE TOURISM AND EVENTS INDUSTRY ACCESS, RESOURCES, AND TACTICS TO DEVELOP MORE EFFECTIVE DEI STRATEGIES THAT ENGAGE AND RETAIN A DIVERSE WORKFORCE. 57500 true true false false false false false false false false false false false false false true false true false false false false false false true false false true true false false false false false false false false false false false false false false true false false false true 1 0 0 false false false false false true true false false false false false false false false X 15 14 false false false false false true false true true false false true true true true true true false false false PA X ARTHUR AYRES 2156364462 1601 MARKET STREET SUITE 200 PHILADELPHIA PA 19102 X JEFF ADELI TREASURER 2.00 X X 0 0 0 STEPHEN S AICHELE TRUSTEE 2.00 X 0 0 0 ED BATEN TRUSTEE 2.00 X 0 0 0 KAREN DOUGHERTY BUCHHOLZ CHAIR 2.00 X X 0 0 0 LEONARD BUCKLEY VICE CHAIR 2.00 X X 0 0 0 ROCHELLE CAMERON TRUSTEE 2.00 X 0 0 0 GREGG CAREN PRESIDENT & 2.00 X X 0 0 0 NICHOLAS DEBENEDICTIS TRUSTEE 2.00 X 0 0 0 WILLIAM P HANKOWSKY TRUSTEE 2.00 X 0 0 0 JAZELLE JONES TRUSTEE 2.00 X 0 0 0 JOHN J KROLL TRUSTEE 2.00 X 0 0 0 ALBA MARTINEZ TRUSTEE 2.00 X 0 0 0 JOHN MCNICHOL VICE CHAIR 2.00 X X 0 0 0 JOHN P PIERCE SECRETARY 2.00 X X 0 0 0 RICHARD LEE SNOW TRUSTEE 2.00 X 0 0 0 false false false 86000 86000 72205 72205 120236 86000 120236 278441 72205 47000 47000 10500 10500 157929 157929 1497 1497 795 795 PROFESSIONAL FEES 29463 29463 BANK AND CREDIT CARD FEES 12163 11650 513 BAD DEBT 500 500 OTHER 100 100 259947 57500 12250 190197 1824145 1842769 143470 143713 500 2750 1968115 1989232 12527 15150 12527 15150 X 1955588 1974082 1955588 1974082 1968115 1989232 18494 X false true X true false X X 1 PHILADELPHIA CONVENTION AND VISITORS BUREAU PHILADELPHIA CONVENTION & VISITORS BUREAU 230969325 10 true 0 0 1 0 true false true true true false false false false false false false false false false false false true PART IV, SECTION A, LINE 3B APPROXIMATELY 96% OF THE PHLCVB'S SUPPORT IS FROM GOVERNMENT CONTRIBUTIONS AND REVENUE CONTRACTS, WHICH THE SOURCE IS FUNDED FROM LEGISLATIVELEY ENACTED TAXES. PART IV, SECTION A, LINE 3C THE ORGANIZATION HAS A GRANTS MAKING POLICY THAT DESCRIBES HOW GRANT FUNDS MUST BE USED. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 278441 278441 278441 259947 259947 259947 SCHEDULE D, PAGE 3, PART X THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C) (3). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED ON THE FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. THE FOUNDATION BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2022. ANNUAL LUNCHEON 206236 86000 120236 206236 86000 120236 120236 false TEMPLE UNIVERSITY PO BOX 827651 PHILADELPHIA PA 19182 12000 SCHOLARSHIP CONTRIBU TOURISM DIVERSITY MATTERS 680 COMMERCE DRIVE SUITE 220 WOODBURY MN 55125 863135904 20000 TOURISM DIVERSITY AMERICA 250 1300 PENNSYLVANIA AVENUE NW SUITE 200 WASHINGTON DC 20004 842144791 501C3 10000 GEN SUPPORT GRANT SCHOLARSHIP 3 10500 FORM 990 - ORGANIZATION'S MISSION MISSION/PURPOSE: THE PHILADELPHIA CONVENTION AND VISITORS BUREAU FOUNDATION ("FOUNDATION") WAS ESTABLISHED IN 2002 TO CONDUCT PUBLIC, CHARITABLE, AND EDUCATIONAL ACTIVITIES AND TO ATTRACT ADDITIONAL SUPPORT FOR THOSE ACTIVITIES FROM FOUNDATIONS AND THE GENERAL PUBLIC. THE FOUNDATION HAS A 501(C)(3) TAX-EXEMPT STATUS BECAUSE ITS ACTIVITIES ARE CHARITABLE AND EDUCATIONAL. THE MISSION OF THE FOUNDATION, IN COOPERATION WITH THE CITY OF PHILADELPHIA AND THE COMMONWEALTH OF PENNSYLVANIA, IS TO PROVIDE FUNDING IN SUPPORT OF ACTIVITIES THAT PROMOTE, BEAUTIFY, AND CELEBRATE PHILADELPHIA IN AN EFFORT TO STIMULATE THE CITY'S TOURISM INDUSTRY. TOGETHER WITH ITS PARTNERS, THE FOUNDATION SUPPORTS PROJECTS THAT MAKE THE CITY MORE INVITING TO VISITORS, ESPECIALLY THOSE ATTENDING A CONVENTION OR SPECIAL EVENT, OR VISITORS TRAVELING FROM ANOTHER COUNTRY. IN ADDITION, THE FOUNDATION HELPS PHILADELPHIANS PREPARE THEMSELVES FOR CAREERS IN THE REGION'S DYNAMIC HOSPITALITY INDUSTRY, AND ASSISTS CORPORATE VISITORS BY IDENTIFYING MEANINGFUL LOCAL SOCIAL INVESTMENTS. THROUGH THE FOUNDATION'S WORK, PHILADELPHIA'S HOSPITALITY SECTOR WILL CONTINUE TO THRIVE, PROVIDING JOBS FOR THOUSANDS OF RESIDENTS AND STEADILY INCREASING ITS IMPACT ON THE CITY'S ECONOMY. THESE CONTRIBUTIONS WILL HELP PHILADELPHIA REMAIN AS A PREMIER LOCATION FOR CONVENTIONS, SPORTING EVENTS, BUSINESS MEETINGS AND VISITATION. GEOGRAPHIC SCOPE: THE PRIMARY GEOGRAPHIC SCOPE OF THE FOUNDATION IS THE GREATER PHILADELPHIA REGION, HOWEVER, THE OBJECTIVES OF THE FOUNDATION ALSO REACH NATIONALLY AND INTERNATIONALLY. THE MAIN OFFICE OF THE FOUNDATION RESIDES AT THE PHILADELPHIA CONVENTION AND VISITORS BUREAU (PHLCVB) AT 1601 MARKET STREET, SUITE 200, PHILADELPHIA, PA 19103. THE FOUNDATION IS A WHOLLY OWNED SUBSIDIARY OF THE PHLCVB. ALL ADMINISTRATIVE AND OPERATIONAL RESPONSIBILITIES ARE PERFORMED BY THE EMPLOYEES OF THE PHLCVB. THE BOARD OF THE FOUNDATION IS COMPRISED OF THE TOP LEADERSHIP OF THE PHLCVB AND A SUBSECTION OF THE PHLCVB BOARD OF DIRECTORS. FORM 990, PAGE 2, PART III, LINE 4B COMMUNITY IMPROVEMENT AND OUTREACH: THE FOUNDATION TRADITIONALLY SUPPORTS PROJECTS SUCH AS PHL CARES, A HIGH- IMPACT, BUSINESS-LED RESPONSE TO PHILADELPHIA'S CHRONIC STREET HOMELESSNESS ISSUE, MOBILIZING RESOURCES AND LEADERSHIP FOR REAL SOLUTIONS - PROMOTING HOUSING, JOBS, AND SERVICES - TO END HOMELESSNESS. THE FOUNDATION SUPPORTS THE MANAGEMENT OF PHLCARES.COM AND PROMOTIONAL ASSETS. THE FOUNDATION ALSO SUPPORTS LOCAL ORGANIZATIONS INCLUDING HABITAT FOR HUMANITY, BROAD STREET MINISTRY, FRIENDS SELECT SCHOOL, AND BELLS ACROSS PA TO ADVANCE KEY INITIATIVES AIMED AT ENHANCING PHILADELPHIA'S QUALITY OF LIFE AND BEAUTIFYING PROMINENT PUBLIC SPACES. ITS GOAL IS TO ENSURE THAT PARKS, HISTORICAL SITES, MONUMENTS, AND BUILDINGS ARE WELL MAINTAINED AND WELCOMING TO THE PUBLIC. FORM 990, PAGE 2, PART III, LINE 4C HOSPITALITY INDUSTRY SUPPORT: THE FOUNDATION'S PROGRAMS HIGHLIGHT AND SUPPORT THE REGION'S DYNAMIC HOSPITALITY SECTOR AND EVENTS THAT SHOWCASE AND CELEBRATE THE WORK OF ALL EMPLOYED IN THE REGION'S HOSPITALITY INDUSTRY. BY HIGHLIGHTING EXISTING WORKERS AND THEIR ACCOMPLISHMENTS, THE FOUNDATION HELPS DEVELOP A ROBUST WORKFORCE FOR THE REGIONAL HOSPITALITY INDUSTRY. ADDITIONALLY, THE FOUNDATION HELPS SUPPORT THE WORK OF TOURISM DIVERSITY MATTERS (TDM), A COLLABORATIVE LEADER OF DIVERSITY, EQUITY, AND INCLUSION INITIATIVES THAT ADDRESS THE GAPS OF ETHNIC DISPARITIES IN THE TOURISM AND HOSPITALITY INDUSTRY. IT PROVIDES DECISION-MAKERS IN THE TOURISM AND EVENTS INDUSTRY ACCESS, RESOURCES, AND TACTICS TO DEVELOP MORE EFFECTIVE DEI STRATEGIES THAT ENGAGE AND RETAIN A DIVERSE WORKFORCE. FORM 990, PAGE 6, PART VI, LINE 7A BOARD OF DIRECTORS ARE APPOINTED BY THE BOARD OF THE PHILADELPHIA CONVENTION AND VISITORS BUREAU FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD OF DIRECTORS REVIEWS THE FORM 990 PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE FOUNDATION HAS EACH BOARD MEMBER SIGN A CONFLICT OF INTEREST POLICY WHICH IS RETAINED ON FILE AT THE PHLCVB. THIS DISCLOSURE IS UPDATED ANNUALLY TO DETECT ANY POTENTIAL CONFLICTS FOR THE YEAR. DURING BOARD MEETINGS, IF CONFLICTS ARISE, BOARD MEMBERS ABSTAIN FROM DISCUSSION AND THE VOTE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. PHILA CONVENTION & VISITORS BUREAU 1601 MARKET STREET SUITE 200 PHILADELPHIA PA 19102 230969325 TOURISM PA 501C 6 PCVB true false false false false false false false false false false false false false false false false false false false