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Samuel S. Fels Fund

Profile

Last Updated: 2016-06-04

At A Glance

Samuel S. Fels Fund

1528 Walnut St., Ste. 1002

Philadelphia, PA United States 19102-3627

Telephone: (215) 731-9455

URL: www.samfels.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $49,415,945

Total giving: $1,901,125

EIN

231365325

BRIDGE Number

6091230453

Background

Incorporated in 1935 in PA - The fund's work began at the organization meeting on January 27, 1936. The fund's founder was Samuel S. Fels, Philadelphia philanthropist and civic leader, who was president of Fels & Co., soap manufacturers. He was born in Yanceyville, NC, in 1860, and died in Philadelphia, PA, on June 23, 1950. The general purpose of the fund as stated in the charter is "to initiate and/or to assist any activities or projects of a scientific, educational or charitable nature which tend to improve human daily life and to bring to the average person greater health, happiness, and a fuller understanding of the meaning and purposes of life"

Purpose and Activities

Grants for projects and organizations that help to prevent, lessen, or resolve contemporary social problems, or that seek to provide permanent improvements in the provision of services for the improvement of daily life; to increase the stability of arts organizations and enrich the cultural life of the city of Philadelphia, PA.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Internships in Community Service

The internship program provides a $6,000 stipend for ten weeks for a graduate student to work on a summer project at a community-based organization. The program benefits the organizations by providing additional staff with specialized skills. The broader aims of the program are to strengthen ties between area universities and community agencies and also to encourage community service on the part of graduate students.

Fields of Interest

Subjects
  • Arts and culture
  • Community and economic development
  • Education
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2014-12-31

Assets: $49,415,945 (market value)

Expenditures: $2,406,977

Total giving: $1,901,125

Qualifying distributions: $2,471,614