Public Welfare Foundation
| Founded | 1947 |
|---|---|
| Founder | Charles E. Marsh |
| Method | Grantmaking |
| Owner | Thomas J. Scanlon |
| Website | www |
The Public 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
The foundation was overseen by Charles E. Marsh until 1953. His wife oversaw it from 1952 to 1974. It owned the Spartanburg Herald-Journal, The Tuscaloosa News, and The Gadsden Times. However, a 1969 federal tax law required non-profits to sell newspaper holdings, so the foundation had to sell these papers to The New York Times in 1985. In 2011, it added a special initiative to fund civil legal aid for the poor.[3]
References
- ^ "Public Welfare Foundation Inc - Nonprofit Explorer". ProPublica. 9 May 2013. Retrieved 31 March 2025.
- ^ "Funders Get Behind Effort to Report on Economic Hardship". Inside Philanthropy. Retrieved August 15, 2015.
- ^ "This Funder is Supporting the Data to Make Big Juvenile Justice Policy Changes - Children". Insidephilanthropy.com. Retrieved August 7, 2015.