The William Penn Foundation told The Philadelphia Inquirer that it will remain focused on its Philadelphia base rather than dispensing grants nationally.
President Jeremy Nowak of the William Penn fund, said the board of the $2-billion foundation approved a new 10-year plan that envisions spending $80-$90 million a year on cultural, educational, and environmental projects within its home region.
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Ganesh Natarajan is the Founder and Chairman of 5FWorld, a new platform for funding and developing start-ups, social enterprises and the skills eco-system in India. In the past two decades, he has built two of India’s high-growth software services companies – Aptech and Zensar – almost from scratch to global success.