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The Philadelphia Foundation
The Philadelphia Foundation is a community foundation that serves the Greater Philadelphia community. The five primary counties served are Philadelphia, Bucks, Chester, Delaware, and Montgomery. It is one of the oldest and largest community foundations in the United States, awarding more than $20 million in annual grants from more than 800 charitable funds. History The foundation was established as a "community trust" by the Fidelity Trust Company in December 1918. Initially the committee to distribute funds was composed of five individuals: one appointed by the Pennsylvania Governor, one appointed by the senior judge of the United States District Court, one appointed by the judge of the Orphans' Court, and two appointed by the Board of Directors of the Fidelity Trust Company. Mission The mission of The Philadelphia Foundation is "building philanthropic resources, managing those resources well, and distributing those resources effectively." This is part of their larger vision ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fidelity Trust Company
Fidelity Trust Company was a bank in Philadelphia, Pennsylvania. Founded in 1866 as Fidelity Insurance, Trust, & Safe Deposit Company, the bank was later renamed Fidelity Trust Company, Fidelity-Philadelphia Trust Company, The Fidelity Bank, and Fidelity Bank, National Association. It was absorbed in 1988 in the biggest U.S. bank merger up to that point, and is today part of Wells Fargo. History It was founded in 1866 by financier Clarence H. Clark (1833–1906) and several partners as the Fidelity Insurance, Trust, & Safe Deposit Company with initial capital of $250,000. Besides selling insurance and transacting trust business, the company was the second U.S. bank to offer safe deposit services. The bank was located at Broad and Walnut Streets in Philadelphia. The Chestnut Street building was designed by G. W. & W. D. Hewitt - Architects, Frederick S. Holmes - Vault Engineer, anDamon Safe & Iron Works Co.- Vault Builder. Clark served as the bank's first president, followed b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
