Pew Charitable Trusts awards $7.7 million to non-profits across Philadelphia
The grants will help many organizations who focus on tourism, substance abuse, and arts.
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Millions of dollars will be heading to nonprofit organizations in order to help countless Philadelphians who are in need.
The Pew Charitable Trusts recently announced that it will donate 7.7 million to five local nonprofit organizations in efforts to help them recreate new strategies and help families who are re-entering the workforce.
The grants will significantly help corporations who base their companies on solid research that help the community exceed.
The five organizations are, Project HOME, Compass Working Capital, The Philadelphia Orchestra, The Independence Visitor Center, and The Smith Memorial Playground.
Frazierita Klasen, senior vice president of The Pew Charitable Trusts, said the grants are an important part of the city because it gives residents a boost in a time where they most likely need it.
“Pew is incredibly pleased to support the important contributions that these nonprofit organizations are making to the well-being of Philadelphia’s residents and to the city’s historic and cultural appeal,” she said.
She also stated these organizations are key in helping Philadelphia’s economy get back on its feet.
“The five awards represent diverse sectors—human services, the arts, tourism, and public spaces—all of which play a vital role in supporting our region’s people and economy, especially as the area works to recover from the impacts of the pandemic,” she said.
Project HOME will be awarded $5.3 million in efforts to decrease the homeless populations in Philadelphia. The money will also be used to help residents who are struggling with substance abuse.
In addition to helping those with substance abuse, Project HOME also assists in providing education for adults and children and also providing after school programs for underprivileged children.
Compass Working Capital will receive $2.5 million in order to continue with helping families navigate their financial goals. The organization will help thousands of families build savings accounts.
The Philadelphia Orchestra and Kimmel Center were awarded $1 million in grants and will help support the city’s arts scene.
Pew also gave The Independence Visitor Center $500,000 to help bring tourism back to the city, especially since the COVID-19 pandemic put a halt to visitors. The visitor center will use the money to enhance its marketing initiatives.
Lastly, Smith Memorial Playground located in Fairmount Park, was rewarded with $200,000 in order to recover from the COVID-19 pandemic. The money will go towards four in-person exhibits per year and to add digital and educational activities to the 100-year-old park.
The grants are critical in order to teach the city’s residents to learn more about financial literacy, promote more arts programs, and give children the opportunity to receive a promising education.