Public Charity

PIDC FINANCING CORPORATION

PIDC FINANCING CORPORATION, of PHILADELPHIA, PA, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $52K in revenue, $3K in expenses, $6.7M in total assets. IRS filings disclose 1 grants awarded by this foundation, totaling roughly $1.0M.

EIN: 364665239 PHILADELPHIA, PA Latest filing: 2024
Total Revenue$52K
Total Expenses$3K
Total Assets$6.7M
Grants Given1
Grant Total$1.0M
Filing Years2019–2024

Mission

PIDC FC ADMINISTERS THE PIDA LOAN PROGRAM, FUNDED BY THE COMMONWEALTH OF PENNSYLVANIA, AND THE LOCAL SHARE ACCOUNT (LSA) GRANT PROGRAM FUNDED BY THE PA DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT (DCED). THE LOAN PROGRAM PROVIDES FINANCING TO BUSINESSES FOR THE ACQUISITION OF REAL ESTATE, LEASEHOLD IMPROVEMENTS AND CAPITAL EQUIPMENT.

Officers & Directors

DIRECTOR Adam Thiel
DIRECTOR Alba Martinez
EVP & CFO (START 9/25) Amy C Leichner
VICE-CHAIR (THRU 6/24) Andrea Allon
DIRECTOR Angelo Perryman
DIRECTOR Anne Brooks

Officer compensation and complete director data available with membership.

Top Grant Purposes

ECONOMIC DEVELOPMENT
$1,000,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $52K $3K $6.7M
2023 $29K $22K $6.9M
2022 $45K $840 $6.5M
2020 $90K $1.0M $6.6M
2019 $401K $63K $14.4M

Between 2019 and 2024, reported annual revenue declined from $401K to $52K (-87%), with total assets most recently reported at $6.7M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in PA.

PA

Full geographic grant map with state-by-state breakdown available with membership.

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