NonprofitsPhiladelphia Convention And Vistors Bureau Foundation

Recreation & Sports

Philadelphia Convention And Vistors Bureau Foundation

PHILADELPHIA, PA

Total revenue

$301K

Total expenses

$245K

Net assets

$2.0M

Grants received

$59K

2 grants

EIN

300070983

Tax year

2023

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 vis

Programs

3 programs

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, fairmount park conservancy, and broad street ministry 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.

Expenses: $10K

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 sponsors rocky day, a new city-wide promotion that celebrates philadelphia's rich cultural heritage and the iconic spirit signified by the rocky movies. Furthermore, the foundation supports the meeting professionals international foundation, a non-profit organization dedicated to supporting the meeting and event industry.

Expenses: $15K

Economic development : the phlcvb foundation partners with the city of philadelphia, the commonwealth of pennsylvania, and many other hospitality organizations to promote philadelphia as a dynamic travel destination and location for large events. The foundation supports the regional efforts that lead to philadelphia hosting premier events, such as the city's successful bid to host fifa world cup 2026 .

Expenses: $470

Financials

FY 2023

Revenue

Contributions & grants$243K
Program service revenue
Investment income$58K
Other revenue
Total revenue$301K

Expenses

Grants paid$35K
Salaries & benefits
Fundraising$204K
Other expenses$210K
Total expenses$245K
Total assets$2.0M
Net assets$2.0M

People

15 listed

NameRoleCompensation

JEFF ADELI

TREASURER

Board

2 hrs/wk

STEPHEN S AICHELE

TRUSTEE

Board

2 hrs/wk

ED BATEN

TRUSTEE

Board

2 hrs/wk

KAREN DOUGHERTY BUCHHOLZ

CHAIR

Board

2 hrs/wk

LEONARD BUCKLEY

VICE CHAIR

Board

2 hrs/wk

ROCHELLE CAMERON

TRUSTEE

Board

2 hrs/wk

GREGG CAREN

PRESIDENT &

Board

2 hrs/wk

NICHOLAS DEBENEDICTIS

TRUSTEE

Board

2 hrs/wk

WILLIAM P HANKOWSKY

TRUSTEE

Board

2 hrs/wk

JAZELLE JONES

TRUSTEE

Board

2 hrs/wk

JOHN J KROLL

TRUSTEE

Board

2 hrs/wk

ALBA MARTINEZ

TRUSTEE

Board

2 hrs/wk

JOHN MCNICHOL

VICE CHAIR

Board

2 hrs/wk

JOHN P PIERCE

SECRETARY

Board

2 hrs/wk

RICHARD LEE SNOW

TRUSTEE

Board

2 hrs/wk

Independent contractors

CONSTELLATION CULINARY GROUP

CATERING

$132K

Grants received

Showing 2 of 2

FromAmountPurposeYear
$8K
General Support
2023
$51K
COVID-19 RELIEF EFFORT, THE GREATER PHILADELPHIA HOTEL ASSOCIATION COVID-19 HOSPITALITY WORKERS RELIEF FUND
2020

Funded by

$59K from 2 funders · 2 grants · 2020–2023

The Philadelphia Foundation

$51K · 1 grant · 2020

Comcast Spectacor Charities

$8K · 1 grant · 2023

Details

EIN300070983
NTEE codeN208
Subsection03
Ruling date2002-10
Formed2002
Employees0
PHILADELPHIA CONVENTION AND VISTORS BUREAU FOUNDATION — Mission, Financials & Grants Received | Grantivo