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Philip L. Graham Fund

Profile

Last Updated: 2016-06-30

At A Glance

Philip L. Graham Fund

1300 N. 17th St., Ste. 1700

Arlington, VA United States 22209-3811

Telephone: (703) 345-6515

URL: plgrahamfund.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2014-12-31)

Assets: $117,219,046

Total giving: $4,825,000

EIN

526051781

BRIDGE Number

0851480326

Background

Trust established in 1963 in DC - Founded in the name of the late Philip L. Graham, who was publisher of "The Washington Post" and Chairman and President of the Washington Post Co. Under his leadership, the Post Company purchased a Washington, D.C. television station, its competitor newspaper the "Times-Herald," and bought controlling stock interest in "Newsweek." Gifts from his widow, the late Katharine Meyer Graham, his friends, and the Washington Post Co. formed the initial corpus of the fund. Katharine Meyer Graham was the daughter of the owner of "The Washington Post" and after her husband's death in 1963 she became de facto publisher of the newspaper, formally assuming the title in 1979, and Chairman of the Board from 1973 to 1991. Under her leadership, "The Washington Post" played an integral role in exposing the Watergate conspiracy that ultimately led to the resignation of President Richard Nixon.

Purpose and Activities

Support for one-time infrastructure investments in health and human services, for children, youth, and families, pre-collegiate education, arts and humanities, and community needs. Grants for journalism, media and communications are extremely limited, and generally awarded only to those who have received media grants in the past.

Program Area(s)

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

Program-Related Investment

Historically, the foundation has made PRIs in the form of loans to organizations related to religious institutions and activities.

Fields of Interest

Subjects
  • Arts and culture
  • Community improvement
  • Early childhood education
  • Education
  • Housing development
  • Human services
  • Youth services
Population Groups
  • Children and youth
  • Economically disadvantaged people
  • Homeless people
  • Low-income and poor people

Financial Data

Year ended 2014-12-31

Assets: $117,219,046 (market value)

Expenditures: $5,628,683

Total giving: $4,825,000

Qualifying distributions: $5,143,478