The Mayor's Fund for Philadelphia is getting a makeover - Generocity Philly

Results

Mar. 27, 2017 9:24 am

The Mayor’s Fund for Philadelphia is getting a makeover

The City of Philadelphia's philanthropic arm, which has drawn accusations of being a municipal "slush fund," will undergo a restructuring.

Former Mayor Michael Nutter.

(Photo by Flickr user US Papal Visit, used under a Creative Commons license)

Mayor Jim Kenney’s administration is revamping the Mayor’s Fund of Philadelphia after recent reports that found the city’s philanthropic arm was misusing funds under former Mayor Michael Nutter.

Ashley Del Bianco, executive director of the fund under Kenney, informed the city controller of conspicuous expenses last year, including $52,000 drawn from the Fund to pay for Uber rides, shopping trips, meals and more. Those purchases were overseen by former chair Desiree Peterkin Bell and her staff.

Last year, it was revealed the fund owed the Philadelphia Industrial Development Corporation approximately $1 million for a loan used to pay for Forbes’ 30 Under 30 Summit.

And despite its troubled past, Del Bianco told the Inquirer that the fund’s existence is necessary if the city wants to be able to accept grants.

“In order for us to be able to utilize those private dollars, we have to have an entity that is available to manage them,” she said.

According to the Inquirer, Kenney’s administration has tweaked governance and oversight to make sure the fund is operating ethically in the future, with more changes possibly pending for the future.

-30-
VIEW COMMENTS

From our Partners

Money moves: Wells Fargo regional foundations transfer $100M in charitable assets to Philadelphia Foundation

Nonprofits are struggling to do more with less money, but donors and volunteers can help: 5 questions answered

Here are 37+ organizations to donate to during #GivingTuesday (or, really, any day)

SPONSORED

Generocity Philly

Inscripción Doble en Congreso: Lo que trae el futuro

1515 Arch Street Philadelphia, PA 19102

City of Philadelphia, Rebuild

Director of Evaluation and Learning

Apply Now
Remote; from home office

New Horizons Senior Center

Communications Assistant

Apply Now
Philadelphia and Bala Cynwyd

JFCS of Greater Philadelphia

Youth Engagement Program Coordinator

Apply Now

In response to COVID-19, these two United Way leaders in Chester County are doing things differently

This successful Black-led org couldn’t get a loan that wasn’t predatory. Philanthropy needs to step up

As of October, this is what we know about philanthropic COVID relief in the Philadelphia region

SPONSORED

Generocity Philly

Dual Enrollment at Congreso: Where does it go from here?

Philadelphia, PA

United Way of Greater Philadelphia & Southern New Jersey

Chief Knowledge Officer

Apply Now
Philadelphia, PA

Campus Philly

President

Apply Now
Philadelphia, PA

The Pew Charitable Trusts

Senior Officer Pew Fund

Apply Now

Sign-up for daily news updates from Generocity