Endowment / Foundation

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Greenfield Foundation

The Greenfield Foundation was established in 2005 through the merger of the Goldsmith-Greenfield Foundation — originally co-founded by Robert K.

Greenfield Foundation logo

Greenfield Foundation

The Greenfield Foundation was established in 2005 through the merger of the Goldsmith-Greenfield Foundation — originally co-founded by Robert K. Greenfield and Louise Greenfield — and the Alexis Rosenberg Foundation. The merger consolidated philanthropic efforts tracing back to patriarch Albert M. Greenfield, a prominent Philadelphia real estate and finance figure whose wealth anchors the foundation. Today, Michael Greenfield serves as President and Trustee, with family member Jill Greenfield Feldman also on the board. The foundation's grantmaking concentrates on three programmatic pillars: creating pathways for underserved youth, commissioning public artwork that deepens social understanding, and strengthening ethical governance in public institutions. The Hermitage Greenfield Prize, an annual commission awarded in Sarasota, Florida, exemplifies its arts programming — past recipients have included composers and playwrights whose works address civic themes. The Greenfield Youth Film Festival extends the creative mandate by funding film production for young people. Geographic focus centers on Greater Philadelphia, with select initiatives reaching Florida. Operational details are thin, as the foundation maintains a low public profile. No AUM is publicly reported, and the board structure remains concentrated within the Greenfield family line. The Sugarloaf Estate in Chestnut Hill, Philadelphia, serves as a residential anchor for the family, though it is not part of the charitable corpus. No recent professional hires or grantmaking totals have been disclosed through public filings or press releases. The Greenfield Foundation's structural differentiator is its direct-program model: rather than functioning primarily as a check-writing entity, it operates signature initiatives — the Youth Film Festival and the Hermitage Prize — in-house. This programmatic posture puts it closer to an operating foundation than a traditional endowment, with the merged legacy of three predecessor entities giving it longer grantmaking continuity than its 2005 founding year suggests.

General information

Firm type

Endowment / Foundation

Year founded

2005

Location

Region

North America

Country

United States

City

Philadelphia

Corporate office

Philadelphia, Pennsylvania, United States

Principals

Robert K. Greenfield

Co-founder

Louise Greenfield

Co-founder

Michael Greenfield

President and Trustee

Jill Greenfield Feldman

Trustee

Sector focus

EducationMedia & EntertainmentArts & Culture

Frequently asked questions

Who runs investment decisions at the Greenfield Foundation?

The foundation has not publicly disclosed an investment committee or CIO. Given its small board and concentrated family leadership under President Michael Greenfield, investment oversight likely rests with the trustees. No external OCIO relationship has been reported.

How did the Greenfield Foundation originate?

The entity formed in 2005 via the merger of the Goldsmith-Greenfield Foundation and the Alexis Rosenberg Foundation. The Goldsmith-Greenfield Foundation was itself an earlier vehicle co-founded by Robert K. Greenfield and Louise Greenfield. The merged foundation continues the philanthropic lineage of Albert M. Greenfield, a Philadelphia real estate and banking figure.

Is the Greenfield Foundation a single family office or strictly a charitable foundation?

It does not describe itself as a family office. Public filings and its website characterize it solely as a charitable grantmaking foundation. However, its governance remains entirely within the Greenfield family, and its corpus is ultimately sourced from the same family wealth.

What is the Hermitage Greenfield Prize?

An annual commission funded by the Greenfield Foundation and awarded in Sarasota, Florida, through a partnership with the Hermitage Artist Retreat. The prize commissions a new work from a distinguished artist — typically in theater, music, or visual art — that addresses themes of social and civic importance.

Does the Greenfield Foundation accept unsolicited grant proposals?

The foundation's website does not indicate an open application process. Like many family-directed foundations, grantmaking appears to originate internally through its trustees and program officers at the foundation's own initiative.

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