Fels Fund Samuel S
Philanthropy & Charity in Philadelphia, PA

Contact Details
From Website
Fels Fund Samuel S
read moreThe Samuel S. Fels Fund is a private independent foundation with a commitment to improving conditions and opportunities for communities that are marginalized within the City of Philadelphia. We provide grants to support services, advocacy and activities that move us towards a more socially, racially and economically just society. The Samuel S. Fels Fund was incorporated as a Pennsylvania nonprofit corporation on December 17, 1935. Our founder was Samuel S. Fels, Philadelphia philanthropist and civic leader who was president of Fels & Company, manufacturer of Fels Naptha, a vastly popular household soap.
About Us
read moreWe believe that to help build a more socially, racially and economically just society, we need to go beyond our grantmaking. Grantmaking utilizes just five percent of our financial assets. The other 95% is invested, so we have committed to better aligning our investment portfolio with our mission. Currently the Fels Fund has invested 60% of its assets in a combination of mission-aligned and socially responsible funds. By 2025, the Fels Fund aims to have 100% of its assets aligned with its mission and/or invested in socially responsible funds.