GrantAuthority

Philadelphia Industrial Development Corp

Grantmaking foundation in Philadelphia, Pennsylvania · EIN 23-6050858

Total giving
$2.3MTax year 2024
Grants made
18Tax year 2024
Total assets
$65MLatest reported
Latest IRS filing
2024Form 990 / 990-PF

Mission

PIDC PLANS AND IMPLEMENTS ECONOMIC DEVELOPMENT INITIATIVES WHICH ENHANCE THE COMPETITIVE ENVIRONMENT, GENERATE JOBS AND PRODUCE HIGHER TAX RATABLES THROUGHOUT THE CITY OF PHILADELPHIA (REFER TO SCHEDULE O FOR A DETAILED MISSION STATEMENT).

Quoted from the foundation's IRS filing.

Giving by year

$7.5K2020
$2.5M2021
$2.6M2022
$1.6M2023
$2.3M2024

Totals by tax year, rounded to two significant figures. Years without a reported total show the sum of grants itemized on the filing.

Top recipients

RecipientAmountTax year
Submittable Holdings Inc$1.6M2024
Philadelphia Authority for Industrial Development$88K2024
Montgomery County Commerce Dept$87K2024
Chester County Economic Dev Foundation$80K2024
Bucks County Econ Dev Corp$79K2024

Amounts are rounded. The full grantee list (18 grants in 2024) is available with a free account.

Website: www.pidcphila.com

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Similar foundations in Pennsylvania

Source: IRS Form 990 and 990-PF filings, tax year 2024. Also see this organization on ProPublica Nonprofit Explorer.