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Public Welfare Foundation

From Wikipedia, the free encyclopedia
Public Welfare Foundation
Founded1947; 79 years ago (1947)
FounderCharles E. Marsh
MethodGrantmaking
OwnerThomas J. Scanlon
Websitewww.publicwelfare.org

ThePublic Welfare Foundation is an American grantmaking foundation founded in 1947. As of 2023, it had assets of $568 million.[1]

As of 2014, it had distributed more than $540 million to 4,700 different organizations.[2]

History

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The foundation was overseen by Charles E. Marsh until 1953. His wife oversaw it from 1952 to 1974. It owned theSpartanburg Herald-Journal,The Tuscaloosa News, andThe Gadsden Times. However, a 1969 federal tax law required non-profits to sell newspaper holdings, so the foundation had to sell these papers toThe New York Times in 1985. In 2011, it added a special initiative to fund civil legal aid for the poor.[3]

References

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  1. ^"Public Welfare Foundation Inc - Nonprofit Explorer".ProPublica. 9 May 2013. Retrieved31 March 2025.
  2. ^"Funders Get Behind Effort to Report on Economic Hardship".Inside Philanthropy. RetrievedAugust 15, 2015.
  3. ^"This Funder is Supporting the Data to Make Big Juvenile Justice Policy Changes - Children".Insidephilanthropy.com. RetrievedAugust 7, 2015.
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