William Penn Foundation announces new priorities

Posted by on November 12, 2012

Wm. Penn Foundation announces new priorities

The board of directors of the William Penn Foundation has approved a new strategic plan to guide the foundation’s funding for the next  decade.

Entitled Capitalizing Change, the plan calls for strategies that will help Greater Philadelphia embrace and benefit from the rapid pace of global and regional change.  An announcement from the foundation noted that the strategic plan charts the board’s goals for Greater Philadelphia and identifies new strategies to achieve them. These strategies drive the implementation of three new grantmaking centers, which will operate as ten-year campaigns to relentlessly pursue the following goals:

— Close the achievement gap for low-income children by increasing the supply of high-quality schools.

— Make Philadelphia an even more creative community, from Center City to our neighborhoods, including investments in great public spaces.

— Ensure clean water by protecting the Delaware and Susquehanna watersheds.

The Foundation’s grantmaking centers will be integrated with two additional investment vehicles – a Transformation Fund and an Innovation Fund- creating new opportunities for the Foundation and other philanthropists to invest in breakthrough ideas and help key legacy organizations respond to changing conditions.

New program guidelines and application procedures will be published early in 2013.

To download the new plan, go here.

http://www.williampennfoundation.org/Doc/Capitalizing%20Change.pdf

The foundation is sponsoring a series of public presentations on the new plan.   To view the list of briefings, go here.

http://williampennfoundation.org/PublicBriefingsonOurNewStrategicPlan.aspx