PA Foundations Established in the 1990s with Assets over $20 Million  
Foundation Name   Type 1999 Asset Amount   Year
Founded		 County PA Region1
Jewish Healthcare Foundation of Pittsburgh Independent $136,581,091   1990 Allegheny SW
1994 Charles B. Degenstein Foundation Independent 105,906,118 1996 Philadelphia SE
S. Wilson & Grace M. Pollock Foundation Independent 90,149,947 1997 Dauphin CP
Davenport Family Foundation Independent 59,350,275 1997 Chester SE
Raymond & Ruth Perelman Education Foundation Independent 54,461,769 1995 Montgomery SE
Hamilton Family Foundation Independent 49,867,463 1992 Delaware SE
Patricia Kind Family Foundation Independent 39,446,550 1996 Philadelphia SE
Wyss Foundation Independent 36,075,964 1990 Chester SE
Raymond & Ruth Perelman Judaica Foundation Independent 31,677,644 1995 Montgomery SE
Sidney Kimmel Foundation Independent 27,431,588 1992 Philadelphia SE
Maplewood Foundation Independent 24,991,064 1995 Allegheny SW
Berks County Community Foundation Community 24,406,183 1994 Berks CP
James M. and Margaret V. Stine Foundation Independent 24,381,979 1996 Philadelphia SE
Colcom Foundation Independent 23,512,704 1996 Allegheny SW
Birmingham Foundation Independent 21,653,494 1996 Allegheny SW

Source: The Foundation Center.
Search set of PA grantmaking foundations established during 1990s With at least $20 million in assets during 1998-99.
1 See page 13 map for regions.
Assets of PA Foundations Established in the 1990s with Assets Over $20 Million
  • Fifteen new grantmaking foundations with 1999 assets over $20 million were established in Pennsylvania during the 1990s.
  • 60% of these foundations were established in the Southeastern Pennsylvania region.
  • Foundations newly established in the Central Pennsylvania region had the largest 1999 asset base, averaging $57 million.
  • Two of the new foundations, Jewish Healthcare Foundation of Pittsburgh and Birmingham Foundation, are health conversion foundations.

    (Note: A health conversion foundation is established upon the sale of a nonprofit health entity to a profit- making corporation. According to the Council on Foundations, under law, if the hospitalšs status changes from nonprofit to for- profit, a portion of the assets must be earmarked for charitable purposes.)

    		•
    Total NE Assets $ 0   Average NE Assets $ 0  
    Total NW Assets 0 Average NW Assets 0
    Total CP Assets 114,556,130 Average CP Assets 57,278,065
    Total SE Assets 428,599,350 Average SE Assets 47,622,150
    Total SW Assets 206,738,353 Average SW Assets 51,684,588