The Lenfest Foundation, Inc.
100 N. 18th St., Ste. 800, Two Logan Sq.
Philadelphia, PA United States 19103-2743
Telephone: (215) 239-9003
Type of Grantmaker
- Celebrity: Business
- Family foundation
(yr. ended 2015-06-30)
Total giving: $6,132,130
Established in 2000 in PA - Founded by Mr. and Mrs. H. F. Lenfest. Mr. Lenfest is a media entrepreneur and philanthropist, establishing the foundation following the sale of Lenfest Communications to Comcast in 2000 for $6.7 billion. Gerry and Marguerite Lenfest have committed to The Giving Pledge, and have pledged to give away at least half of their wealth to philanthropy.
Purpose and Activities
The grantmaker has identified the following area(s) of interest:
The foundation maintains a budget for grants reviewed and approved by its founders. These grants generally range from $5,000 to $25,000 and will continue to go primarily to organizations that the foundation has consistently supported in the past. Although the foundation is not seeking requests from organizations that have not received prior support, it will consider letters of inquiry for potential new founder’s grants from Philadelphia area qualified public charities that work in the areas of career and technical education, early childhood education and out of school time programs.
Grants to Individuals Program
Scholarships to students graduating from selected high schools in PA.
Lenfest College Scholarship Program
The program is open to students in their junior year at the following Pennsylvania high schools: 1) Chambersburg Area Senior High School; 2) Fannett Metal High School; 3) Greencastle Antrim High School; 4) James Buchanan High School; 5) Waynesboro Area Senior High School; 6) Bermudian Springs High School; 7) Biglerville High School; 8) New Oxford High School; 9) Fairfield High School; 10) Pequea Valley High School; 11) Octorara High School; and 12) Upper Perkiomen High School; 13) South Western Senior High School; and 14) Spring Grove Area High School. Students must complete an application along with providing a list of achievements, activities, and an essay. After this initial phase, semifinalists will be identified and asked to provide additional information. Finalists will then be selected and asked to participate in interviews. The selection committee will consider a student's ambition to succeed at a challenging college or university, academic achievement and potential, leadership qualities, personal development and maturity, and family financial need. The program provides up to $12,000 a year for four years toward the cost of an accredited U.S. private college and up to $7,500 a year toward the cost of an accredited U.S. public college.
Fields of Interest
- Arts and culture
- Children and youth
- Economically disadvantaged people
- Low-income and poor people
Year ended 2015-06-30
Assets: $98,855,903 (market value)
Total giving: $6,132,130
Qualifying distributions: $7,099,769
Giving activities include:
$5,069,600 for 57 grants (high: $1,500,000; low: $3,000)
$1,062,530 for grants to individuals