Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
PHILADELPHIA HEALTH PARTNERSHIP
 
Number and street (or P.O. box number if mail is not delivered to street address)230 SOUTH BROAD STREET 810
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PHILADELPHIA, PA19102
A Employer identification number

23-2904262
B Telephone number (see instructions)

(215) 546-4290
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$48,581,088J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 6,939 6,939  
4 Dividends and interest from securities... 271,965 696,775  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,052,752
b Gross sales price for all assets on line 6a 7,676,041
7 Capital gain net income (from Part IV, line 2)... 1,255,947
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
411,344 229,076  
12 Total. Add lines 1 through 11........ 1,743,000 2,188,737  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
8,045 0   9,463
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
107,438 50,163   60,965
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
405,494 260,649   144,365
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
18,170 45,865   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 62,849 3,142   59,865
21 Travel, conferences, and meetings....... 151,142 0   150,771
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
633,053 258,863   612,916
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,386,191 618,682   1,038,345
25 Contributions, gifts, grants paid....... 1,825,177 1,501,890
26 Total expenses and disbursements. Add lines 24 and 25 3,211,368 618,682   2,540,235
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,468,368
b Net investment income (if negative, enter -0-) 1,570,055
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 198,825    
2 Savings and temporary cash investments......... 746,424 1,726,873 1,726,873
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 53,852 61,154 61,154
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 9,620,372 Click to see attachment
List of Attached Documents:
// Content
6,803,433 		6,803,433
c Investments—corporate bonds (attach schedule)....... 3,629,453 Click to see attachment
List of Attached Documents:
// Content
3,722,717 		3,722,717
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 30,651,607 Click to see attachment
List of Attached Documents:
// Content
36,165,642 		36,165,642
14 Land, buildings, and equipment: basis right arrow54,871
Less: accumulated depreciation (attach schedule) right arrow38,621 0 Click to see attachment
List of Attached Documents:
// Content
16,250 		16,250
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
136,606 		Click to see attachment
List of Attached Documents:
// Content
85,019 		Click to see attachment
List of Attached Documents:
// Content
85,019
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 45,037,139 48,581,088 48,581,088
Liabilities 17 Accounts payable and accrued expenses.......... 108,298 125,111
18 Grants payable................. 308,176 631,463
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
131,545 		Click to see attachment
List of Attached Documents:
// Content
89,418
23 Total liabilities (add lines 17 through 22)......... 548,019 845,992
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 44,489,120 47,735,096
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 44,489,120 47,735,096
30 Total liabilities and net assets/fund balances (see instructions). 45,037,139 48,581,088
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
44,489,120
2
Enter amount from Part I, line 27a .....................
2
-1,468,368
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
4,730,344
4
Add lines 1, 2, and 3 ..........................
4
47,751,096
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
16,000
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
47,735,096
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b HALF SKY FUND LTD P 2020-09-25 2023-12-16
c OHA DIVERSIFIED CREDIT STRATEGIES FUND (OFFSHORE), LTD. P 2018-02-21 2023-08-01
d TYBOURNE LONG OPPORTUNITIES (OFFSHORE) FUND P 2016-12-28 2023-04-19
e CTF INTERNATIONAL CONTRARIAN VALUE PORTFOLIO P 2015-11-27 2023-01-31
CTF INTERNATIONAL CONTRARIAN VALUE PORTFOLIO P 2015-11-27 2023-04-28
CTF INTERNATIONAL CONTRARIAN VALUE PORTFOLIO P 2015-11-27 2023-07-31
CTF INTERNATIONAL CONTRARIAN VALUE PORTFOLIO P 2015-11-27 2023-10-31
LLC EIN 20-3377269 P    
LLC EIN 26-0724017 P    
LLC EIN 26-3319245 P    
LLC EIN 27-3616351 P    
LLC EIN 37-1973129 P    
LLC EIN 83-3482023 P    
LP EIN 26-1073624 P    
LP EIN 45-3145455 P    
LP EIN 47-1232697 P    
LP EIN 47-4299035 P    
LP EIN 81-2647574 P    
LP EIN 82-3810942 P    
LP EIN 86-2388155 P    
LP EIN 86-2421429 P    
LP EIN 98-1350296 P    
PARTNERSHIP EIN 36-7324183 P    
PARTNERSHIP EIN 47-2399816 P    
PARTNERSHIP EIN 85-3327624 P    
REMOVE, PASSTHROUGH UBI CAPITAL GAIN P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 5,158,887   4,375,233 783,654
b 1,240,633   1,300,000 -59,367
c 1,041,654   760,240 281,414
d 208,934   168,478 40,456
e 5,823   4,314 1,509
6,588   4,911 1,677
6,611   4,716 1,895
6,911   5,397 1,514
      59,256
      -8,649
      10,594
      4,959
      27,904
      11,428
      11,272
      -40,453
      -17,071
      153,544
      182
      5,806
      4
      -183,182
      93,373
      -39,892
      112,929
      18,493
      -17,302
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       783,654
b       -59,367
c       281,414
d       40,456
e       1,509
      1,677
      1,895
      1,514
      59,256
      -8,649
      10,594
      4,959
      27,904
      11,428
      11,272
      -40,453
      -17,071
      153,544
      182
      5,806
      4
      -183,182
      93,373
      -39,892
      112,929
      18,493
      -17,302
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,255,947
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 21,824
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 21,824
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 21,824
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 38,566
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 38,566
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 16,742
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow16,742 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowPA
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowWWW.PHILAHEALTHPARTNERSHIP.ORG
14
The books are in care ofright arrowANN MARIE HEALY EXECUTIVE DIRECTOR Telephone no.right arrow (215) 546-4290

Located atright arrow230 SOUTH BROAD STREET 810PHILADELPHIAPA ZIP+4right arrow19102
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
LOREE D JONES BROWN CHAIR
3.00 		0 0 0
230 SOUTH BROAD STREET SUITE 810
PHILADELPHIA,PA19102
LESLIE M WALKER VICE CHAIR
1.00 		0 0 0
230 SOUTH BROAD STREET SUITE 810
PHILADELPHIA,PA19102
PETER J ZULEBA III TREASURER
3.00 		0 0 0
230 SOUTH BROAD STREET SUITE 810
PHILADELPHIA,PA19102
LORENA E AHUMADA ESQ DIRECTOR
1.00 		0 0 0
230 SOUTH BROAD STREET SUITE 810
PHILADELPHIA,PA19102
JOSE A BAUERMEISTER MPH PHD DIRECTOR
2.00 		0 0 0
230 SOUTH BROAD STREET SUITE 810
PHILADELPHIA,PA19102
JORDAN A BROWN DIRECTOR
1.00 		0 0 0
230 SOUTH BROAD STREET SUITE 810
PHILADELPHIA,PA19102
TED DALLAS DIRECTOR
1.00 		0 0 0
230 SOUTH BROAD STREET SUITE 810
PHILADELPHIA,PA19102
NADIA L DOWSHEN DIRECTOR
1.00 		0 0 0
230 SOUTH BROAD STREET SUITE 810
PHILADELPHIA,PA19102
MICHAEL G HORSEY CPA DIRECTOR
1.00 		0 0 0
230 SOUTH BROAD STREET SUITE 810
PHILADELPHIA,PA19102
KAMILAH JACKSON MD MPH DIRECTOR
0.50 		0 0 0
230 SOUTH BROAD STREET SUITE 810
PHILADELPHIA,PA19102
NIMRIT K KANG DIRECTOR
1.00 		0 0 0
230 SOUTH BROAD STREET SUITE 810
PHILADELPHIA,PA19102
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
HEALTH FEDERATION OF PHILADELPHIA EMPLOYMENT SERVICES 575,982
123 S BROAD STREET STE 650
PHILADELPHIA,PA19109
HYPHENATE COMMUNICATION LLC COMMUNICATIONS AND SOCIAL MEDIA 89,205
5007 WALTON AVENUE
PHILADELPHIA,PA19143
CREWCIAL PARTNERS LLC INVESTMENT ADVISORS 87,884
750 THIRD AVENUE 20TH FLOOR
NEW YORK,NY10017
YOUR PART TIME CONTROLLER LLC ACCOUNTING SERVICES 82,263
1500 WALNUT STREET SUITE 1200
PHILADELPHIA,PA19102
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
12,253,405
b
Average of monthly cash balances.......................
1b
1,250,485
c
Fair market value of all other assets (see instructions)................
1c
32,239,523
d
Total (add lines 1a, b, and c).........................
1d
45,743,413
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
45,743,413
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
686,151
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
45,057,262
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
2,252,863
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
2,252,863
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
21,824
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
494
c
Add lines 2a and 2b............................
2c
22,318
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
2,230,545
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
2,230,545
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
2,230,545
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
2,540,235
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
2,540,235
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 2,230,545
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 2,458,429
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,540,235
a Applied to 2022, but not more than line 2a 2,458,429
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 81,806
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		2,148,739
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ACCESS MATTERS

1700 MARKET STREET SUITE 1540
PHILADELPHIA,PA19103 		  PC IN SUPPORT OF PROTECTING AND EXPANDING ACCESS TO SEXUAL AND REPRODUCTIVE HEALTH CARE, FAMILY PLANNING SERVICES, AND COMPREHENSIVE SEX EDUCATION 50,000

AFRICAN FAMILY HEALTH ORGANIZATION

5400 GRAYS AVENUE 2ND FLOOR
PHILADELPHIA,PA19143 		  PC $65,000 IN SUPPORT OF CULTURALLY- AND LINGUISTICALLY- SENSITIVE HEALTH, HUMAN, AND EDUCATIONAL SERVICES FOR AFRICAN AND CARIBBEAN IMMIGRANTS AND REFUGEES; $25,000 IN SUPPORT OF START-UP OF A NEW WELLNESS CLINIC; $5,000 IN SUPPORT OF PARTICIPATION IN THE ECONOMY LEAGUE 2023 GREATER PHILADELPHIA LEADERSHIP EXCHANGE (GPLEX) 95,000

CHILDREN FIRST

990 SPRING GARDEN STREET SUITE 200
PHILADELPHIA,PA19123 		  PC IN SUPPORT OF PREVENTING CHILDHOOD LEAD POISONING, EXPANDING CHILDREN'S ACCESS TO HEALTH INSURANCE AND HEALTH CARE, AND PROMOTING QUALITY AND EQUITABLE CHILD CARE AND EARLY INTERVENTION SERVICES 65,000

CHILDREN'S HOSPITAL OF PHILADELPHIA

3401 CIVIC CENTER BLVD
PHILADELPHIA,PA19104 		  PC IN SUPPORT OF IMPLEMENTATION AND EVALUATION OF HEALTHYSTEPS AT THE CHILDREN'S HOSPITAL OF PHILADELPHIA'S PRIMARY CARE COBBS CREEK AND ADVOCACY FOR PAYMENT REFORMS TO RESOURCE BEHAVIORAL HEALTH INTEGRATION IN PEDIATRIC PRIMARY CARE 80,215

COMMUNITY LEGAL SERVICES

1424 CHESTNUT STREET
PHILADELPHIA,PA19102 		  PC IN SUPPORT OF MEDICAL-LEGAL PARTNERSHIP SERVICES AT RISING SUN HEALTH CENTER AND THE CHILDREN'S HOSPITAL OF PHILADELPHIA KARABOTS PEDIATRIC CARE CENTER TO ADDRESS SOCIAL AND ECONOMIC DRIVERS OF HEALTH 30,000

ECONOMY LEAGUE OF GREATER PHILADELPHIA

1800 JOHN F KENNEDY BLVD STE 460
PHILADELPHIA,PA19103 		  PC IN SUPPORT OF THE 2023 GREATER PHILADELPHIA LEADERSHIP EXCHANGE (GPLEX) SCHOLARSHIP FUND 13,000

EDUCATION LAW CENTER

1800 JFK BOULEVARD SUITE 1900-A
PHILADELPHIA,PA19103 		  PC IN SUPPORT OF LEGAL SERVICES AND ADVOCACY TO IMPROVE CHILDREN'S ACCESS TO EARLY INTERVENTION SERVICES AND FULL INCLUSION IN EARLY CHILDHOOD EDUCATION 50,000

HISPANOS UNIDOS PARA NINOS EXCEPCIONALES (HUNE)

2215 N AMERICAN STREET
PHILADELPHIA,PA19133 		  PC IN SUPPORT OF BILINGUAL CASE MANAGEMENT, FAMILY ADVOCACY, AND EDUCATIONAL SUPPORT SERVICES FOR CHILDREN AND YOUTH WITH DISABILITIES AND THEIR PARENTS/CAREGIVERS 30,000

IT TAKES PHILLY INC

419 JOHNSON STREET
JENKINTOWN,PA19046 		  PC TO SUPPORT THE EFFORTS OF THE BLACK DOCTORS CONSORTIUM TO ADDRESS RACIAL DISPARITIES IN ACCESS TO HEALTH CARE 25,000

JEWISH HEALTHCARE FOUNDATION

650 SMITHFIELD STREET
PITTSBURGH,PA15222 		  PC IN SUPPORT OF THE PENNSYLVANIA HEALTH FUNDERS COLLABORATIVE 7,000

JUSTICE AT WORK

990 SPRING GARDEN STREET SUITE 300
PHILADELPHIA,PA19123 		  PC IN SUPPORT OF CLIENT-CENTERED AND LINGUISTICALLY- AND CULTURALLY- COMPETENT LEGAL SERVICES, COMMUNITY EDUCATION, AND ADVOCACY FOR LOW-WAGE MIGRANT AND IMMIGRANT WORKERS 30,000

LA PUERTA ABIERTA

PO BOX 534
NARBERTH,PA19072 		  PC IN SUPPORT OF BILINGUAL, HOLISTIC, AND CULTURALLY AND TRAUMA-INFORMED MENTAL HEALTH SERVICES FOR LATIN(X) IMMIGRANT AND REFUGEE COMMUNITY MEMBERS AND CROSS-SYSTEMS PROVIDER TRAINING TO PROMOTE EQUITABLE, ACCESSIBLE CARE. 50,000

LEGAL CLINIC FOR THE DISABLED

1513 RACE STREET
PHILADELPHIA,PA19102 		  PC IN SUPPORT OF MEDICAL-LEGAL PARTNERSHIP SERVICES AT ST. CHRISTOPHER'S HOSPITAL FOR CHILDREN TO PROMOTE THE HEALTH, INDEPENDENCE, AND QUALITY OF LIFE OF PATIENTS AND THEIR FAMILIES WITH A FOCUS ON CHILDREN FROM BIRTH TO AGE FIVE 40,000

NATIONALITIES SERVICE CENTER OF PHILADELPHIA

1216 ARCH STREET 4TH FLOOR
PHILADELPHIA,PA19107 		  PC $75,000 IN SUPPORT OF CLIENT-CENTERED PROGRAMS AND SERVICES THAT WELCOME AND EMPOWER IMMIGRANTS AND REFUGEES TO ACHIEVE A LIFE OF SAFETY AND STABILITY, SUSTAINABLE OPPORTUNITIES, AND MEANINGFUL COMMUNITY CONNECTIONS; $13,000 IN SUPPORT OF PARTICIPATORY ACTION RESEARCH BY A STONELEIGH EMERGING LEADERSHIP FELLOW AND YOUNG CO-RESEARCHERS TO REIMAGINE BEHAVIORAL HEALTH CARE FOR IMMIGRANT YOUTH 88,000

NEW VOICES FOR REPRODUCTIVE JUSTICE

5987 BROAD STREET SUITE 205
PITTSBURGH,PA15206 		  PC IN SUPPORT OF PHILADELPHIA COMMUNITY ORGANIZING PROGRAMS TO ADVANCE THE HOLISTIC HEALTH AND WELL-BEING OF BLACK WOMEN, GIRLS, AND GENDER EXPANSIVE PEOPLE 30,000

OSHUN FAMILY CENTER

PO BOX 5116
PHILADELPHIA,PA19141 		  PC $65,000 IN SUPPORT OF RACIALLY CONCORDANT CARE FOR BLACK BIRTHING FAMILIES INCLUDING TRAUMA-INFORMED THERAPY AND SUPPORT SERVICES FOR EVERY STAGE OF THE BIRTHING JOURNEY; $5,000 IN SUPPORT OF PARTICIPATION IN THE ECONOMY LEAGUE 2023 GREATER PHILADELPHIA LEADERSHIP EXCHANGE (GPLEX) 70,000

PARENTCHILD

163B MINEOLA BOULEVARD
MINEOLA,NY11501 		  PC IN SUPPORT OF HOME VISITING SERVICES FOR FAMILIES WITH CHILDREN FROM 16 MONTHS TO FOUR YEARS OLD TO STIMULATE PARENT-CHILD INTERACTION AND DEVELOP CHILDREN'S LANGUAGE, EARLY LITERACY, AND SOCIAL-EMOTIONAL SKILLS 50,000

PENNSYLVANIA ASSOCIATION OF THE EDUCATION OF YOUNG CHILDREN

320 MARKET STREET SUITE 473E
HARRISBURG,PA17101 		  PC IN SUPPORT OF STATEWIDE COLLABORATION TO IMPROVE THE PENNSYLVANIA INFANT TODDLER EARLY INTERVENTION SYSTEM WITH A FOCUS ON OUTREACH, REFERRAL, ENROLLMENT; QUALITY SERVICES; EQUITABLE ACCESS; MENTAL HEALTH; AND MEDICAID PARTNERSHIPS 175,000

PENNSYLVANIA HEALTH ACCESS NETWORK

1501 CHERRY STREET
PHILADELPHIA,PA19102 		  PC IN SUPPORT OF PROMOTING ACCESS TO QUALITY, EQUITABLE, AND AFFORDABLE HEALTH CARE AND PROVIDING HEALTH INSURANCE ENROLLMENT AND NAVIGATION SERVICES 75,000

PENNSYLVANIA PARTNERSHIPS FOR CHILDREN

200 N THIRD STREET 13TH FLOOR
HARRISBURG,PA17101 		  PC IN SUPPORT OF IMPROVING HEALTH INSURANCE AND HEALTH CARE ACCESS FOR CHILDREN AND BIRTHING PEOPLE, PROMOTING QUALITY AND EQUITABLE CHILD CARE AND EARLY INTERVENTION SERVICES, AND EXPANDING EVIDENCE-BASED HOME VISITING SERVICES 93,750

PHILABUNDANCE

3616 S GALLOWAY STREET
PHILADELPHIA,PA19148 		  PC OPERATING SUPPORT 5,000

PHILADELPHIA CITY FUND

1400 JOHN F KENNEDY BLVD CITY HALL
267
PHILADELPHIA,PA19107 		  PC $100,000 IN SUPPORT OF A GUARANTEED INCOME PILOT TO PROMOTE PERINATAL AND EARLY CHILDHOOD HEALTH AND WELL-BEING AND ADDRESS RACIAL DISPARITIES IN INFANT MORTALITY; $5,000 IN SUPPORT OF A CROSS-SECTOR CONVENING OF PERINATAL HEALTH STAKEHOLDERS TO DISCUSS STRATEGIES TO PROMOTE AN EQUITABLE FUTURE FOR THE BIRTHING PEOPLE OF PHILADELPHIA 105,000

PHILADELPHIA LEGAL ASSISTANCE CENTER INC

718 ARCH STREET SUITE 300N
PHILADELPHIA,PA19106 		  PC IN SUPPORT OF MEDICAL LEGAL COMMUNITY PARTNERSHIP SERVICES AT CITY OF PHILADELPHIA HEALTH CENTERS TO ADDRESS PATIENT AND FAMILY SOCIO-LEGAL NEEDS 30,000

PHILANTHROPY NETWORK GREATER PHILADELPHIA

230 SOUTH BROAD STREET SUITE 402
PHILADELPHIA,PA19102 		  PC IN SUPPORT OF CAPACITY BUILDING TO DEVELOP FUTURE STRUCTURE AND PROGRAMMING 25,000

SEAMAAC INC

1711 BROAD STREET
PHILADELPHIA,PA19148 		  PC $5,925 TO SUPPORT A HEALTH AND HUMAN SERVICES FELLOWSHIP PROGRAM AT SEAMAAC, A JOINT PROGRAM WITH THE INDEPENDENCE FOUNDATION TO PROMOTE A DIVERSE, EQUITABLE, AND INCLUSIVE LEADERSHIP PIPELINE IN THE NONPROFIT AND HEALTH AND HUMAN SERVICES SECTORS; $65,000 IN SUPPORT OF LINGUISTICALLY- AND CULTURALLY- APPROPRIATE SERVICES FOR IMMIGRANTS, REFUGEES, AND OTHER POLITICALLY, SOCIALLY, AND ECONOMICALLY MARGINALIZED COMMUNITY MEMBERS INCLUDING INTEGRATION OF SOCIAL SERVICES AT THE HANSJORG WYSS WELLNESS CENTER 70,925

SOUTH PHILLY EAST HEALTH AND WELLNESS

1902 S 8TH STREET
PHILADELPHIA,PA19148 		  PC IN SUPPORT OF THE ESTABLISHMENT OF THE HANSJORG WYSS WELLNESS CENTER AS A FEDERALLY QUALIFIED HEALTH CENTER (FQHC) LOOK-ALIKE 19,000

THE VILLAGE OF ARTS AND HUMANITIES

2544 GERMANTOWN AVENUE
PHILADELPHIA,PA19133 		  PC $45,000 IN SUPPORT OF LEADERSHIP PROGRAMS THAT PREPARE YOUNG PEOPLE TO ENTER THE WORKFORCE AND POSTSECONDARY EDUCATION AS SELF-DETERMINED CREATIVE PROBLEM SOLVERS AND SOCIAL INNOVATORS; $25,000 IN SUPPORT OF CAPACITY BUILDING FOR PROGRAM DESIGN AND EVALUATION OF YOUTH LEADERSHIP PROGRAMS 70,000

WEREIGN

2152 N 28TH STREET 2ND FLOOR
PHILADELPHIA,PA19121 		  PC IN SUPPORT OF PROGRAMS THAT CREATE SAFE AND BRAVE SPACES FOR YOUNG PEOPLE WHO IDENTIFY AS BLACK GIRLS TO DEVELOP THE SKILLS NEEDED TO BECOME CHANGE AGENTS IN THEIR OWN LIVES AND COMMUNITIES 25,000

WOMAN'S WAY

123 S BROAD ST SUITE 1320
PHILADELPHIA,PA19109 		  PC IN SUPPORT OF THE IMMEDIATE RESPONSE ACTION FUND TO PROVIDE RESOURCES TO ORGANIZATIONS WORKING TO ADDRESS THE REAL-TIME NEEDS OF WOMEN AND GIRLS 5,000
Total .................................right arrow 3a 1,501,890
bApproved for future payment

ACCESS MATTERS
1700 MARKET STREET SUITE 1540
PHILADELPHIA,PA19103 		  PC IN SUPPORT OF PROTECTING AND EXPANDING ACCESS TO SEXUAL AND REPRODUCTIVE HEALTH CARE, FAMILY PLANNING SERVICES, AND COMPREHENSIVE SEX EDUCATION 100,000

PENNSYLVANIA ASSOCIATION OF THE EDUCATION OF YOUNG CHILDREN
320 MARKET STREET SUITE 473E
HARRISBURG,PA17101 		  PC IN SUPPORT OF STATEWIDE COLLABORATION TO IMPROVE THE PENNSYLVANIA INFANT TODDLER EARLY INTERVENTION SYSTEM WITH A FOCUS ON OUTREACH, REFERRAL, ENROLLMENT; QUALITY SERVICES; EQUITABLE ACCESS; MENTAL HEALTH; AND MEDICAID PARTNERSHIPS 350,000

PHILADELPHIA CITY FUND
1400 JOHN F KENNEDY BLVD CITY HALL
267
PHILADELPHIA,PA19107 		  PC IN SUPPORT OF A GUARANTEED INCOME PILOT TO PROMOTE PERINATAL AND EARLY CHILDHOOD HEALTH AND WELL-BEING AND ADDRESS RACIAL DISPARITIES IN INFANT MORTALITY 100,000
Total ................................. right arrow 3b 550,000
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 6,939  
4 Dividends and interest from securities .... 523000 286 14 271,679  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income ..... 523000 6,740 14 401,980  
8 Gain or (loss) from sales of assets other than
inventory ............ 		523000 17,302 18 1,035,450  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aUNRELATED BUSINESS INCOME TAX REFUND 		    01 2,624  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 24,328 1,718,672 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,743,000
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
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Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
PHILADELPHIA HEALTH PARTNERSHIP
EIN:
23-2904262
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING 81,723 49,034   33,272
AUDIT 25,715 1,129   27,693

TY 2023 InvestmentsCorpBondsSchedule
Name:
PHILADELPHIA HEALTH PARTNERSHIP
EIN:
23-2904262
Name of Bond End of Year Book Value End of Year Fair Market Value
FIXED INCOME FUND - VANGUARD SHORT TERM BOND FUND - 114,285.484 SH 1,154,283 1,154,283
FIXED INCOME FUND - VANGUARD TOTAL BOND FUND - 264,514.34 SH 2,568,434 2,568,434

TY 2023 InvestmentsCorpStockSchedule
Name:
PHILADELPHIA HEALTH PARTNERSHIP
EIN:
23-2904262
Name of Stock End of Year Book Value End of Year Fair Market Value
INTERNATIONAL EQUITY COMPOSITE FD - BROWN INT'L SMALL CO FD - 56,183.683 SH 1,292,225 1,292,225
INTERNATIONAL EQUITY COMPOSITE FD - VANGUARD DEVELOPED MKTS - 59,226.368 SH 912,086 912,086
US EQUITY COMPOSITE FUND - DFA SMALL CAP VALUE - 27,606.881 SH 1,240,653 1,240,653
US EQUITY COMPOSITE FUND - DFA US CORE EQUITY - 38,950.694 SH 1,404,562 1,404,562
US EQUITY COMPOSITE FUND - JACKSON SQUARE SMID GROWTH - 42,845.733 SH 798,216 798,216
US EQUITY COMPOSITE FUND - VULCAN LARGE VALUE - 48,742.747 SH 1,155,691 1,155,691

TY 2023 InvestmentsOtherSchedule2
Name:
PHILADELPHIA HEALTH PARTNERSHIP
EIN:
23-2904262
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
EMERGING MARKETS COMPOSITE FUND - SUSTAINABLE CAPITAL AFRICA ALPHA FUND FMV 1,537,494 1,537,494
EMERGING MARKETS COMPOSITE FUND - WESTWOOD EMERGING MKTS FMV 2,423,913 2,423,913
FIXED INCOME FUND - OHA DIVERSIFIED CREDIT STRATEGIES FMV 54,824 54,824
GLOBAL FIXED INCOME - COLCHESTER GLOBAL BOND FUND FMV 1,689,904 1,689,904
GLOBAL/SELECT STRATEGIES FUND - FORAGER FUND LP FMV 1,697,326 1,697,326
GLOBAL/SELECT STRATEGIES FUND - FPR PARTNERS FMV 1,235,307 1,235,307
GLOBAL/SELECT STRATEGIES FUND - HEARD HIGH CONVICTION LONG ONLY FMV 1,845,468 1,845,468
GLOBAL/SELECT STRATEGIES FUND - KONTIKI LONG ONLY FMV 1,416,926 1,416,926
GLOBAL/SELECT STRATEGIES FUND - SHAWSPRING PARTNERS FMV 1,109,273 1,109,273
HEDGE FUNDS COMPOSITE - CANYON VALUE REALIZATION FUND FMV 1,164,148 1,164,148
HEDGE FUNDS COMPOSITE - FOSSE FMV 1,545,372 1,545,372
HEDGE FUNDS COMPOSITE - NITORUM OFFSHORE FUND FMV 1,265,656 1,265,656
HEDGE FUNDS COMPOSITE - PERTENTO FUND FMV 1,545,016 1,545,016
INTERNATIONAL EQUITY COMPOSITE FUND - ICHIGO JAPAN FUND B FMV 1,335,783 1,335,783
INTERNATIONAL EQUITY COMPOSITE FUND - NORDFLINT FMV 1,575,659 1,575,659
INTERNATIONAL EQUITY COMPOSITE FUND - WELLINGTON CONTRARIAN INTL VALUE FMV 3,444,869 3,444,869
PRIVATE EQUITY COMPOSITE - BLUE WOLF CAPITAL FUND V-A FMV 132,134 132,134
PRIVATE EQUITY COMPOSITE - CONSONANCE PRIVATE EQUITY II FMV 634,686 634,686
PRIVATE EQUITY COMPOSITE - DIGITAL ALPHA FUND I FMV 1,291,140 1,291,140
PRIVATE EQUITY COMPOSITE - RCP FUND VIII FMV 775,004 775,004
PRIVATE EQUITY COMPOSITE - RENEGADE PARTNERS II FMV 90,110 90,110
PRIVATE EQUITY COMPOSITE - TIFF PRIVATE EQUITY PARTNERS 2008, LLC FMV 211,426 211,426
PRIVATE EQUITY COMPOSITE - TIFF PRIVATE EQUITY PARTNERS 2009, LLC FMV 53,056 53,056
PRIVATE EQUITY COMPOSITE - TIFF PRIVATE EQUITY PARTNERS 2011, LLC FMV 860,451 860,451
PRIVATE EQUITY COMPOSITE - USV CLIMATE 2022 FMV 84,739 84,739
PRIVATE EQUITY COMPOSITE - VENBIO GLOBAL STRATEGIC FUND IV FMV 194,290 194,290
PRIVATE EQUITY COMPOSITE - WARBURG PINCUS PRIVATE EQUITY XII FMV 793,574 793,574
REAL ESTATE - BPG FUND IX FMV 91 91
REAL ESTATE - CROW REAL ESTATE FUND VIII-A FMV 49,395 49,395
REAL ESTATE - PATRON FUND V FMV 422,980 422,980
US EQUITY COMPOSITE FUND - DILATION OFFSHORE LONG FUND FMV 2,116,171 2,116,171
US EQUITY COMPOSITE FUND - METIS US EQUITY INDEX PORTFOLIO FMV 2,132,256 2,132,256
US EQUITY COMPOSITE FUND- AFR CONCENTRATED VALUE FMV 1,437,201 1,437,201

TY 2023 LandEtcSchedule2
Name:
PHILADELPHIA HEALTH PARTNERSHIP
EIN:
23-2904262
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
OFFICE FURNITURE & EQUIPMENT 54,122 37,872 16,250 16,250
COMPUTER SOFTWARE 749 749 0  


TY 2023 LegalFeesSchedule
Name:
PHILADELPHIA HEALTH PARTNERSHIP
EIN:
23-2904262
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 8,045 0   9,463


TY 2023 OtherAssetsSchedule
Name:
PHILADELPHIA HEALTH PARTNERSHIP
EIN:
23-2904262
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
DEPOSITS 20,000 20,000 20,000
OPERATING RIGHT OF USE ASSET 116,606 65,019 65,019


TY 2023 OtherDecreasesSchedule
Name:
PHILADELPHIA HEALTH PARTNERSHIP
EIN:
23-2904262
Description Amount
DEFERRED EXCISE TAX ADJUSTMENT 16,000


TY 2023 OtherExpensesSchedule
Name:
PHILADELPHIA HEALTH PARTNERSHIP
EIN:
23-2904262
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADMINISTRATIVE FEES 589,571 29,188   546,725
OFFICE EXPENSE 23,821 1,191   23,152
DUES AND SUBSCRIPTIONS 19,464 0   43,039
BANK CHARGES 197 197   0
LLC EIN 20-3377269 - INVESTMENT EXPENSES 0 348   0
LLC EIN 26-0724017 - INVESTMENT EXPENSES 0 3,445   0
LLC EIN 26-3319245 - INVESTMENT EXPENSES 0 4,820   0
LLC EIN 27-3616351 - INVESTMENT EXPENSES 0 20,598   0
LLC EIN 37-1973129 - INVESTMENT EXPENSES 0 17,364   0
LLC EIN 83-3482023 - INVESTMENT EXPENSES 0 13,408   0
LP EIN 26-1073624 - INVESTMENT EXPENSES 0 13,739   0
LP EIN 45-3145455 - INVESTMENT EXPENSES 0 23,520   0
LP EIN 47-1232697 - INVESTMENT EXPENSES 0 11,395   0
LP EIN 47-4299035 - INVESTMENT EXPENSES 0 4,717   0
LP EIN 81-0802581 - INVESTMENT EXPENSES 0 12   0
LP EIN 81-1442775 - INVESTMENT EXPENSES 0 14   0
LP EIN 81-2647574 - INVESTMENT EXPENSES 0 77   0
LP EIN 82-3810942 - INVESTMENT EXPENSES 0 824   0
LP EIN 84-4268092 - INVESTMENT EXPENSES 0 23,258   0
LP EIN 86-2388155 - INVESTMENT EXPENSES 0 16,527   0
LP EIN 86-2421429 - INVESTMENT EXPENSES 0 10,943   0
LP EIN 87-1342435 - INVESTMENT EXPENSES 0 9,780   0
LP EIN 88-1599543 - INVESTMENT EXPENSES 0 21,881   0
LP EIN 88-3357954 - INVESTMENT EXPENSES 0 19,013   0
LP EIN 98-1350296 - INVESTMENT EXPENSES 0 17,501   0
PARTNERSHIP EIN 36-7324183 - INVESTMENT EXPENSES 0 3   0
PARTNERSHIP EIN 47-2399816 - INVESTMENT EXPENSES 0 980   0
PARTNERSHIP EIN 85-3327624 - INVESTMENT EXPENSES 0 381   0
LESS, PASSTHROUGH UBI INVESTMENT EXPENSE 0 -937   0
LESS, EXPENSES ALLOCABLE TO UBI 0 -5,324   0


TY 2023 OtherIncomeSchedule2
Name:
PHILADELPHIA HEALTH PARTNERSHIP
EIN:
23-2904262
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INVESTMENT INCOME 299,626 299,626 299,626
PASS-THROUGH ALLOCATION ON BOOKS 109,094 0 109,094
LLC EIN 20-3377269 0 -3,039 0
LLC EIN 26-0724017 0 1,091 0
LLC EIN 26-3319245 0 1,421 0
LLC EIN 27-3616351 0 7,768 0
LP EIN 26-1073624 0 1,179 0
LP EIN 45-3145455 0 -770 0
LP EIN 47-4299035 0 157 0
LP EIN 82-3810942 0 2,305 0
LP EIN 86-2421429 0 -496 0
LP EIN 90-0762983 0 -106 0
PARTNERSHIP EIN 36-7324183 0 -87,173 0
PARTNERSHIP EIN 47-2399816 0 13,853 0
REMOVE, PASS-THROUGH UBI OTHER INCOME 0 -6,740 0
UNRELATED BUSINESS INCOME TAX REFUND 2,624   2,624


TY 2023 OtherIncreasesSchedule
Name:
PHILADELPHIA HEALTH PARTNERSHIP
EIN:
23-2904262
Description Amount
UNREALIZED GAIN ON INVESTMENTS 4,730,344


TY 2023 OtherLiabilitiesSchedule
Name:
PHILADELPHIA HEALTH PARTNERSHIP
EIN:
23-2904262
Description Beginning of Year - Book Value End of Year - Book Value
OPERATING LEASE LIABILITY 131,545 73,418
DEFERRED FEDERAL EXCISE TAX LIABILITY 0 16,000


TY 2023 OtherProfessionalFeesSchedule
Name:
PHILADELPHIA HEALTH PARTNERSHIP
EIN:
23-2904262
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PROGRAMMATIC CONSULTANTS 63,787 0   63,787
COMMUNICATIONS CONSULTANT 45,563 0   45,563
WEBSITE CONSULTANT 7,500 0   7,500
ALTERNATIVE INVESTMENT - INVESTMENT FEES 162,937 162,937   0
INVESTMENT ADVISORY 87,884 87,884   0
IT CONSULTING 29,468 1,473   27,515
CUSTODIAN FEES 8,355 8,355   0


TY 2023 TaxesSchedule
Name:
PHILADELPHIA HEALTH PARTNERSHIP
EIN:
23-2904262
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PF EXCISE TAX 16,000 0   0
FOREIGN TAXES PAID 2,170 2,170   0
LLC EIN 20-3377269 - FOREIGN TAXES 0 12,143   0
LLC EIN 26-3319245 - FOREIGN TAXES 0 64   0
LLC EIN 27-3616351 - FOREIGN TAXES 0 11   0
LLC EIN 37-1973129 - FOREIGN TAXES 0 8,074   0
LP EIN 45-3145455 - FOREIGN TAXES 0 614   0
PARTNERSHIP EIN 36-7324183 - FOREIGN TAXES 0 773   0
PARTNERSHIP EIN 47-2399816 - FOREIGN TAXES 0 22,012   0
PARTNERSHIP EIN 85-3327624 - FOREIGN TAXES 0 4   0