2024-04-19T18:59:48-04:00 2023-06-30 233010968 MILLIGAN & COMPANY LLC 105 N 22ND ST FL 2 PHILADELPHIA PA 191031302 990 2022-07-01 300070983 PHILADELPHIA CONVENTION AND VISITORS BUREAU FOUNDATION PHIL 2158648324 1601 MARKET STREET SUITE 200 PHILADELPHIA PA 19102 GREGG CAREN PRESIDENT & CEO 2156364462 2024-04-17 true GREGG CAREN 999009999 false JOHN MILLIGAN CPA P02155323 2154969100 2024-04-19 2022 2023-04-26 12:10:37Z GREGG CAREN 1601 MARKET STREET SUITE 200 PHILADELPHIA PA 19102 3343180 false X WWW.DISCOVERPHL.COM X 2002 PA MISSION/PURPOSE: THE PHILADELPHIA CONVENTION AND VISITORS BUREAU FOUNDATION ("FOUNDATION") WAS ESTABLISHED IN 2002 TO CONDUCT PUBLIC, CHARITABLE, AND EDUCATIONAL ACTIVITIES AND TO ATTRACT ADDITIONAL SUPPORT FOR THOSE ACTIVITIES FROM FOUNDATIONS AND THE GENERAL PUBLIC. THE FOUNDATION HAS A 501(C)(3) TAX-EXEMPT STATUS BECAUSE ITS ACTIVITIES ARE CHARITABLE AND EDUCATIONAL. THE MISSION OF THE FOUNDATION, IN COOPERATION WITH THE CITY OF PHILADELPHIA AND THE COMMONWEALTH OF PENNSYLVANIA, IS TO PROVIDE FUNDING IN SUPPORT OF ACTIVITIES THAT PROMOTE, BEAUTIFY, AND CELEBRATE PHILADELPHIA IN AN EFFORT TO STIMULATE THE CITY'S TOURISM INDUSTRY. TOGETHER WITH ITS PARTNERS, THE FOUNDATION SUPPORTS PROJECTS THAT MAKE THE CITY MORE INVITING TO VISITORS, ESPECIALLY THOSE ATTENDING A CONVENTION OR SPECIAL EVENT, OR VISITORS TRAVELING FROM ANOTHER COUNTRY. IN ADDITION, THE FOUNDATION HELPS PHILADELPHIANS PREPARE THEMSELVES FOR CAREERS IN THE REGION'S DYNAMIC HOSPITALITY INDUSTRY, AND ASSISTS CORPORATE VIS 15 14 0 0 229500 3252996 0 4982 24922 70455 65262 304937 3343180 90000 0 0 0 206473 282247 2635896 282247 2725896 22690 617284 2291758 1899042 1010000 0 1281758 1899042 X MISSION/PURPOSE: THE PHILADELPHIA CONVENTION AND VISITORS BUREAU FOUNDATION ("FOUNDATION") WAS ESTABLISHED IN 2002 TO CONDUCT PUBLIC, CHARITABLE, AND EDUCATIONAL ACTIVITIES AND TO ATTRACT ADDITIONAL SUPPORT FOR THOSE ACTIVITIES FROM FOUNDATIONS AND THE GENERAL PUBLIC. THE FOUNDATION HAS A 501(C)(3) TAX-EXEMPT STATUS BECAUSE ITS ACTIVITIES ARE CHARITABLE AND EDUCATIONAL. THE MISSION OF THE FOUNDATION, IN COOPERATION WITH THE CITY OF PHILADELPHIA AND THE COMMONWEALTH OF PENNSYLVANIA, IS TO PROVIDE FUNDING IN SUPPORT OF ACTIVITIES THAT PROMOTE, BEAUTIFY, AND CELEBRATE PHILADELPHIA IN AN EFFORT TO STIMULATE THE CITY'S TOURISM INDUSTRY. TOGETHER WITH ITS PARTNERS, THE FOUNDATION SUPPORTS PROJECTS THAT MAKE THE CITY MORE INVITING TO VISITORS, ESPECIALLY THOSE ATTENDING A CONVENTION OR SPECIAL EVENT, OR VISITORS TRAVELING FROM ANOTHER COUNTRY. IN ADDITION, THE FOUNDATION HELPS PHILADELPHIANS PREPARE THEMSELVES FOR CAREERS IN THE REGION'S DYNAMIC HOSPITALITY INDUSTRY, AND ASSISTS CORPORATE VIS false false 2379366 ECONOMIC DEVELOPMENT : THE PHLCVB FOUNDATION PARTNERED WITH THE CITY OF PHILADELPHIA, THE COMMONWEALTH OF PENNSYLVANIA, AND MANY OTHER HOSPITALITY ORGANIZATIONS TO PROMOTE PHILADELPHIA AS A DYNAMIC TRAVEL DESTINATION AND LOCATION FOR LARGE EVENTS. THE FOUNDATION SUPPORTS THE REGIONAL EFFORTS THAT LEAD TO PHILADELPHIA HOSTING PREMIER EVENTS, SUCH AS THE CITY'S SUCCESSFUL BID TO HOST FIFA WORLD CUP 2026 . PHILADELPHIA WAS ONE OF 17 U.S. CITIES VYING FOR AN OPPORTUNITY TO HOST ONE OF THE WORLD'S BIGGEST SPORTING EVENTS, A PROCESS THAT BEGAN IN 2017. LEADING THE EFFORT WAS PHILADELPHIA SOCCER 2026, THE CITY OF PHILADELPHIA'S OFFICIAL FIFA WORLD CUP 2026 BID COMMITTEE, WHICH INCLUDED DOZENS OF PARTNERS FROM ACROSS THE SPORTS, BUSINESS, AND HOSPITALITY COMMUNITIES. PHILADELPHIA WAS OFFICIALLY SELECTED AS A HOST CITY IN JUNE 2022. 89335 80000 COMMUNITY IMPROVEMENT AND OUTREACH: THE FOUNDATION SUPPORTS PROJECTS SUCH AS PHL CARES, A HIGH-IMPACT, BUSINESS-LED RESPONSE TO PHILADELPHIA'S CHRONIC STREET HOMELESSNESS PROBLEM MOBILIZING RESOURCES AND LEADERSHIP FOR REAL SOLUTIONS - HOUSING, JOBS AND SERVICES - TO END HOMELESSNESS. THE FOUNDATION SUPPORTED THE DESIGN OF PHLCARES.COM AND PROMOTIONAL ASSETS. IT ALSO SUPPORTS KEY INITIATIVES TO IMPROVE THE QUALITY OF LIFE IN PHILADELPHIA AND TO BEAUTIFY AND ENHANCE HIGH PROFILE PUBLIC SPACES. ITS GOAL IS TO ENSURE THAT PARKS, HISTORICAL SITES, MONUMENTS, AND BUILDINGS - PARTICULARLY THOSE LOCATED IN THE CITY'S HISTORIC, CULTURAL, AND CONVENTION CORRIDORS - REMAIN WELL MAINTAINED AND WELCOMING TO THE PUBLIC. 20000 HOSPITALITY INDUSTRY SUPPORT: THE FOUNDATION SUPPORTS PROGRAMS THAT HIGHLIGHT AND SUPPORT THE REGION'S DYNAMIC HOSPITALITY SECTOR. IT SUPPORTS EVENTS THAT SHOWCASE AND CELEBRATE THE WORK OF EVERYONE EMPLOYED IN THE REGION'S HOSPITALITY INDUSTRY. BY HIGHLIGHTING EXISTING EMPLOYEES AND THEIR ACCOMPLISHMENTS, THE FOUNDATION HELPS DEVELOP A ROBUST WORKFORCE FOR THE REGIONAL HOSPITALITY INDUSTRY. THE FOUNDATION ALSO SUPPORTS TOURISM DIVERSITY MATTERS, THE COLLABORATIVE LEADER OF DIVERSITY, EQUITY AND INCLUSION (DEI) INITIATIVES AND CONCEPTS IN THE TOURISM INDUSTRY. 10000 10000 HOSPITALITY EDUCATION: THE FOUNDATION SUPPORTS PROJECTS THAT TRAIN AND EDUCATE INDIVIDUALS FOR CAREERS IN THE HOSPITALITY SECTOR. IT PROVIDES FOR AN ANNUAL SCHOLARSHIP (MARIE BAKER BROWN SCHOLARSHIP) FOR HOSPITALITY STUDENTS ENROLLED AT LOCAL UNIVERSITIES. IT PRODUCES PROGRAMMING DESIGNED TO PROVIDE GUIDANCE TO HIGH SCHOOL AND COLLEGE STUDENTS INTERESTED IN CAREERS IN THE HOSPITALITY FIELD. THIS PROGRAM STRIVES TO ENSURE THAT PHILADELPHIA'S DIVERSE COMMUNITIES HAVE THE OPPORTUNITY TO PARTICIPATE IN AND BENEFIT FROM THE ECONOMIC BENEFITS DRIVEN BY THE TOURISM INDUSTRY. 10000 10000 2498701 true true false false false false false false false false false false false false false true false true false false false false false false false false false true false true false false false false false false false false false false false false false true false false false true 21 0 0 false false false false false false false false false false false false false false X 15 14 false false false false false true false true true false false true true true true true true false false false PA X X ARTHUR AYRES 2156364462 1601 MARKET STREET SUITE 200 PHILADELPHIA PA 19102 GREGG CAREN PRESIDENT & 2.00 X 0 506304 38687 JEFF ADELI TREASURER 2.00 X X 0 0 0 STEPHEN S AICHELE TRUSTEE 2.00 X 0 0 0 ED BATEN TRUSTEE 2.00 X 0 0 0 KAREN DOUGHERTY BUCHHOLZ CHAIR 2.00 X X 0 0 0 LEONARD BUCKLEY VICE CHAIR 2.00 X X 0 0 0 NICHOLAS DEBENEDICTIS TRUSTEE 2.00 X 0 0 0 WILLIAM P HANKOWSKY TRUSTEE 2.00 X 0 0 0 SHEILA HESS TRUSTEE 2.00 X 0 0 0 JOHN J KROLL TRUSTEE 2.00 X 0 0 0 JOHN MCNICHOL VICE CHAIR 2.00 X X 0 0 0 ANNE NADOL TRUSTEE 2.00 X 0 0 0 JOHN P PIERCE SECRETARY 2.00 X X 0 0 0 RICHARD LEE SNOW TRUSTEE 2.00 X 0 0 0 WILLIAM WILSON TRUSTEE 2.00 X 0 0 0 506304 38687 false true false CONSTELLATION CULINARY GROUP 1601 MARKET STREET PHILADELPHIA PA 19103 CATERING 118128 1 950000 2302996 3252996 24922 24922 OTHER INCOME 65262 65262 65262 3343180 90184 90000 90000 26805 26805 90214 90214 PROMOTIONAL EXPENSES 1113726 1113726 CONVENTION CONCESSIONS 1030890 1030890 OTHER 238166 10971 20722 206473 PROFESSIONAL FEES 69210 69210 66885 66885 2725896 2498701 20722 206473 1026902 1646567 136106 137916 49250 88684 1079500 25875 2291758 1899042 10000 1000000 1010000 0 X 1281758 1899042 1281758 1899042 2291758 1899042 617284 X false true X true false X X 1 PHILADELPHIA CONVENTION AND VISITORS BUREAU PHILADELPHIA CONVENTION & VISITORS BUREAU 230969325 10 true 0 0 1 0 true false true true true false false false false false false false false false false false false true PART IV, SECTION A, LINE 3B MORE THAN 90% OF THE PHLCVB'S SUPPORT IS FROM GOVERNMENT CONTRIBUTIONS. PART IV, SECTION A, LINE 3C THE ORGANIZATION HAS A GRANTS MAKING POLICY THAT DESCRIBES HOW GRANT FUNDS MUST BE USED. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 3343180 3343180 3343180 2725896 2725896 2725896 SCHEDULE D, PAGE 3, PART X THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER IRC SECTION 501(C) (3). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. COLLECTIVELY, CVB AND THE FOUNDATION ARE REFERRED TO AS THE PHLCVB. THE PHLCVB IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. PHLCVB BELIEVES IT IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2019. false TEMPLE UNIVERSITY PO BOX 827651 PHILADELPHIA PA 191827651 231365971 501C3 10000 SCHOLARSHIP CONTRIBU PHILADELPHIA INDEPEND VISITORS CNTR 1 N INDEPEND MALL W 599 MARKET ST PHILADELPHIA PA 19106 232952488 501C3 20000 INSTALL ROCKY OUTPOS FC PA STADIUM LLC (SPECTRA) 2501 SEAPORT DRIVE BH 100 CHESTER PA 19013 262033129 10000 A/N CUP XI SPONSORSH OPERATION GRATITUDE PO BOX 260257 ENCINO CA 914262457 200103575 501C3 50000 2000 CARE PACKAGES false false false false false false false false false GREGG CAREN PRESIDENT & CEO 363915 123072 19317 37387 1300 544991 FORM 990 - ORGANIZATION'S MISSION MISSION/PURPOSE: THE PHILADELPHIA CONVENTION AND VISITORS BUREAU FOUNDATION ("FOUNDATION") WAS ESTABLISHED IN 2002 TO CONDUCT PUBLIC, CHARITABLE, AND EDUCATIONAL ACTIVITIES AND TO ATTRACT ADDITIONAL SUPPORT FOR THOSE ACTIVITIES FROM FOUNDATIONS AND THE GENERAL PUBLIC. THE FOUNDATION HAS A 501(C)(3) TAX-EXEMPT STATUS BECAUSE ITS ACTIVITIES ARE CHARITABLE AND EDUCATIONAL. THE MISSION OF THE FOUNDATION, IN COOPERATION WITH THE CITY OF PHILADELPHIA AND THE COMMONWEALTH OF PENNSYLVANIA, IS TO PROVIDE FUNDING IN SUPPORT OF ACTIVITIES THAT PROMOTE, BEAUTIFY, AND CELEBRATE PHILADELPHIA IN AN EFFORT TO STIMULATE THE CITY'S TOURISM INDUSTRY. TOGETHER WITH ITS PARTNERS, THE FOUNDATION SUPPORTS PROJECTS THAT MAKE THE CITY MORE INVITING TO VISITORS, ESPECIALLY THOSE ATTENDING A CONVENTION OR SPECIAL EVENT, OR VISITORS TRAVELING FROM ANOTHER COUNTRY. IN ADDITION, THE FOUNDATION HELPS PHILADELPHIANS PREPARE THEMSELVES FOR CAREERS IN THE REGION'S DYNAMIC HOSPITALITY INDUSTRY, AND ASSISTS CORPORATE VISITORS BY IDENTIFYING MEANINGFUL LOCAL SOCIAL INVESTMENTS. THROUGH THE FOUNDATION'S WORK, PHILADELPHIA'S HOSPITALITY SECTOR WILL CONTINUE TO THRIVE, PROVIDING JOBS FOR THOUSANDS OF RESIDENTS AND STEADILY INCREASING ITS IMPACT ON THE CITY'S ECONOMY. THESE CONTRIBUTIONS WILL HELP PHILADELPHIA REMAIN AS A PREMIER LOCATION FOR CONVENTIONS, SPORTING EVENTS, BUSINESS MEETINGS AND VISITATION. GEOGRAPHIC SCOPE: THE PRIMARY GEOGRAPHIC SCOPE OF THE FOUNDATION IS THE GREATER PHILADELPHIA REGION. HOWEVER, THE OBJECTIVES OF THE FOUNDATION DO ALSO REACH NATIONALLY AND INTERNATIONALLY. THE MAIN OFFICE OF THE FOUNDATION RESIDES AT THE PHILADELPHIA CONVENTION & VISITORS BUREAU AT 1601 MARKET STREET, SUITE 200, PHILADELPHIA, PA 19103. THE FOUNDATION IS A WHOLLY OWNED SUBSIDIARY OF THE PHLCVB. ALL ADMINISTRATIVE AND OPERATIONAL RESPONSIBILITIES ARE PERFORMED BY THE EMPLOYEES OF THE PHLCVB AND THE BOARD OF THE FOUNDATION IS COMPRISED OF THE TOP LEADERSHIP OF THE PHLCVB AND A SUBSECTION OF THE PHLCVB BOARD OF DIRECTORS. FORM 990, PAGE 2, PART III, LINE 4A ECONOMIC DEVELOPMENT : THE PHLCVB FOUNDATION PARTNERED WITH THE CITY OF PHILADELPHIA, THE COMMONWEALTH OF PENNSYLVANIA, AND MANY OTHER HOSPITALITY ORGANIZATIONS TO PROMOTE PHILADELPHIA AS A DYNAMIC TRAVEL DESTINATION AND LOCATION FOR LARGE EVENTS. THE FOUNDATION SUPPORTS THE REGIONAL EFFORTS THAT LEAD TO PHILADELPHIA HOSTING PREMIER EVENTS, SUCH AS THE CITY'S SUCCESSFUL BID TO HOST FIFA WORLD CUP 2026 . PHILADELPHIA WAS ONE OF 17 U.S. CITIES VYING FOR AN OPPORTUNITY TO HOST ONE OF THE WORLD'S BIGGEST SPORTING EVENTS, A PROCESS THAT BEGAN IN 2017. LEADING THE EFFORT WAS PHILADELPHIA SOCCER 2026, THE CITY OF PHILADELPHIA'S OFFICIAL FIFA WORLD CUP 2026 BID COMMITTEE, WHICH INCLUDED DOZENS OF PARTNERS FROM ACROSS THE SPORTS, BUSINESS, AND HOSPITALITY COMMUNITIES. PHILADELPHIA WAS OFFICIALLY SELECTED AS A HOST CITY IN JUNE 2022. FORM 990, PAGE 2, PART III, LINE 4D HOSPITALITY EDUCATION: THE FOUNDATION SUPPORTS PROJECTS THAT TRAIN AND EDUCATE INDIVIDUALS FOR CAREERS IN THE HOSPITALITY SECTOR. IT PROVIDES FOR AN ANNUAL SCHOLARSHIP (MARIE BAKER BROWN SCHOLARSHIP) FOR HOSPITALITY STUDENTS ENROLLED AT LOCAL UNIVERSITIES. IT PRODUCES PROGRAMMING DESIGNED TO PROVIDE GUIDANCE TO HIGH SCHOOL AND COLLEGE STUDENTS INTERESTED IN CAREERS IN THE HOSPITALITY FIELD. THIS PROGRAM STRIVES TO ENSURE THAT PHILADELPHIA'S DIVERSE COMMUNITIES HAVE THE OPPORTUNITY TO PARTICIPATE IN AND BENEFIT FROM THE ECONOMIC BENEFITS DRIVEN BY THE TOURISM INDUSTRY. FORM 990, PAGE 6, PART VI, LINE 7A BOARD OF DIRECTORS ARE APPOINTED BY THE BOARD OF THE PHILADELPHIA CONVENTION AND VISITORS BUREAU FORM 990, PAGE 6, PART VI, LINE 11B THE BOARD OF DIRECTORS REVIEWS THE FORM 990 PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE FOUNDATION HAS EACH BOARD MEMBER SIGN A CONFLICT OF INTEREST POLICY WHICH IS RETAINED ON FILE AT THE PHLCVB. THIS DISCLOSURE IS UPDATED ANNUALLY TO DETECT ANY POTENTIAL CONFLICTS FOR THE YEAR. DURING BOARD MEETINGS, IF CONFLICTS ARISE, BOARD MEMBERS ABSTAIN FROM DISCUSSION AND THE VOTE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. PHILA CONVENTION & VISITORS BUREAU 1601 MARKET STREET SUITE 200 PHILADELPHIA PA 19102 230969325 TOURISM PA 501C 6 PC&VB true false false false false false false false false false false false false false false false false false false false