William Penn Foundation
Encyclopedia
The William Penn Foundation is a grant-making foundation
Charitable organization
A charitable organization is a type of non-profit organization . It differs from other types of NPOs in that it centers on philanthropic goals A charitable organization is a type of non-profit organization (NPO). It differs from other types of NPOs in that it centers on philanthropic goals A...

 established in 1945 in Philadelphia, Pennsylvania
Philadelphia, Pennsylvania
Philadelphia is the largest city in the Commonwealth of Pennsylvania and the county seat of Philadelphia County, with which it is coterminous. The city is located in the Northeastern United States along the Delaware and Schuylkill rivers. It is the fifth-most-populous city in the United States,...

, by businessman Otto Haas
Rohm and Haas
Rohm and Haas Company, a Philadelphia, Pennsylvania based company, manufactures miscellaneous materials. Formerly a Fortune 500 Company, Rohm and Haas employs more than 17,000 people in 27 countries, with its last sales revenue reported as an independent company at USD 8.9 billion. On July 10,...

and his wife Phoebe.

It strives to improve "the quality of life in the Greater Philadelphia region through efforts that foster rich cultural expression, strengthen children’s futures, and deepen connections to nature and community."

In 2008, it disbursed new and continuing grants worth $62,974,512.
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