Grantmaking and Impact
Funding high-impact solutions that disrupt poverty in Philadelphia
We invest in proven nonprofits through multi-year, trust-based grants that deliver measurable results across three connected pillars: basic needs, education, and opportunity.
Why we invest
Poverty is the root cause of many barriers that keep individuals and families from reaching their full potential. In Philadelphia, too many neighbors are navigating impossible tradeoffs between housing, food, childcare, and work.
For Life Science Cares Philadelphia, this is a call to action. The life sciences industry is built on collaboration, innovation, and data-driven problem solving. In our city, the most urgent challenge isn’t in a lab. It’s in our neighborhoods.
That’s why we unite the energy, brainpower, and resources of the life sciences community to disrupt poverty from multiple angles. We invest in organizations that stabilize basic needs, strengthen education, and open doors to economic opportunity.
- As of 2022, 21.7% of Philadelphians lived in poverty, the city’s lowest rate since the 1990s.
- 9.7% of residents lived in deep poverty, affecting approximately 148,000 people.
- A family of four was considered in poverty with a household income of $31,200 or less.
- That same family was considered in deep poverty with an income of $15,600 or less.
Our core nonprofit partners through 2028
We are in a multi-year, trust-based investment with four partners. Together, this commitment represents $600,000 deployed through 2028.
Grantmaking over time
Since launch, our grantmaking has flexed to meet the moment and matured into longer-term, trust-based investment.
Pillars in action
Each pillar reflects how we invest, and what those investments made possible. These are examples of outcomes from 2023–2024.
- 600 individuals facing homelessness now have stable housing.
- 900 children from low-income families connected to a medical home.
- 420 young adults received skill-building education and training toward a future career.
- 780 low-income children achieved or surpassed literacy goals.
- 129 young adults launched careers, generating over $5.5 million in combined salaries.
- 293 job seekers secured opportunities, earning an average of $21.36 per hour.
For nonprofits
We practice trust-based philanthropy by providing multi-year, unrestricted grants to a small group of high-impact partners. This approach gives organizations the stability and flexibility to deepen impact.
We are in the midst of a 2025–2028 commitment and are not accepting new grant applications at this time. When future funding opportunities become available, they will be shared on this page and through our newsletter.
While our grant process is closed, we value building relationships year-round. Nonprofit leaders can connect with us through events and partnership conversations.
The College of Physicians