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Bourse bounce

Warminster company takes


space at the Old City icon.
NATALIE KOSTELNI, 11

FOCUS ON GIVING MUST READS

PAY IT FORWARD
WHEN FOR-PROFIT AND NONPROFIT PHILADELPHIA
COMPANIES PARTNER, GOOD THINGS HAPPEN.
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FACES OF PHILANTHROPY, 21-35


Med tech firm’s
HQ coming to city
er
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Baltimore company Proscia is moving


to Philadelphia to “tap into the talent
pool.” JOHN GEORGE, 4
n
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Potential shakeup
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for region’s banks


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Industry giant JPMorgan Chase is


entering the local retail banking
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market. JEFF BLUMENTHAL, 3


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Utilities out front on


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women leadership
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An in-depth look at why certain


industries are doing far better at
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attracting and promoting female


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leaders. MICHELLE CAFFREY, 6


ls
- No
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or
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1776
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WE DON’T GIVE A ...


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Why Philadelphia regularly ranks near the


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bottom of cities for charitable contributions.


COVER STORY BY CRAIG EY AND KENNETH HILARIO, 18-20

SOCIAL CAPITAL
Law firms ranked by pro bono hours 14
Foundations ranked by total giving 16
HIS BUSINESS IS
ON A ROLL 43
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APRIL 13, 2018 3

NEWS
BANKING

JPMorgan Chase to open first Phila. branches


BY JEFF BLUMENTHAL Analyst Dick Bove, who has are going to open a lot of them
jblumenthal@bizjournals.com tracked JPMorgan for 40 years, and they will be close together.
said CEO Jamie Dimon is a big I would say in a few years, you

T
he nation’s largest bank believer in branch banking won’t be able to walk six blocks
will be opening its first despite the fact that the pop- anywhere in Center City and not
retail branches in the ularity of Internet and mobile see a Chase branch.”
area. Some industry watchers platforms have caused big The Philadelphia region
believe it signifies the start of a banks to drastically reduce their has seen the number of banks
rapid expansion plan that could branches. decline from 131 to 96 over the
shake up the local competitive “JPMorgan Chase is a leader past 10 years and the number of
landscape. when it comes to digital plat- branches has been pruned by
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JPMorgan Chase & Co. recent- JPMORGAN CHASE forms, but they believe you need 16 percent. But deposits have
ly received approval from the Chase won OCC approval to open three Center City locations. to use every available distribu- increased by 32 percent, which
Office of the Comptroller of the tion technique to reach cus- indicates there are opportuni-
er

Currency (OCC) to add locations across from the Comcast Cen- that it would spend $20 billion tomers,” Bove said. “They made ties to lure customers away from
ica

in Philadelphia, at the north- ter were received Feb. 22 and over the next five years to raise a decision a few years back to banks already on the ground
east corner of 19th and Market approved March 20. employee wages, increase its stop building new branches here.
n

streets, the southeast corner of A JPMorgan spokesman small business and affordable and refresh the ones that they “I think they smell blood
Ci

17th and Walnut streets and the declined to comment. There is housing lending, bump up its already have but that time has in the water with Wells [Far-
ty

southeast corner of 17th Street no word on when the branches charitable giving and expand passed and they have made a go], but that’s not why they are
and John F. Kennedy Boulevard. will open or how many employ- its retail branch network. decision to enter new markets.” doing this,” Bove said. “They
Bu

According to OCC records, ees the company plans to hire. The retail expansion plans Bove said it is no accident see an opportunity. Most banks
Chase applied to open the Rit- Entering Philadelphia is are ambitious — up to 400 in the that the New York-based bank- are closing branches and that
s ine

tenhouse Square branch on part of a larger strategic plan to next five years — in an era when ing giant bunched the branch- means there could be a lot of
Feb. 7 and received approval on expand into 15 to 20 new mar- most banks are shrinking their es close together in Center City. attractive sites out there. I think
ss

March 5. Applications for the kets that also includes Boston brick-and-mortar footprints. “They are not going to come they know what they are getting
other two on the west Market and Washington. In late Jan- Chase is the nation’s largest into a market with a handful into and that have been success-
Jo

Street business corridor and uary, JPMorgan announced bank with 5,130 branches. of branches,” Bove said. “They ful at this.”
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4  PHILADELPHIA BUSINESS JOURNAL

ON HEALTH CARE BY JOHN GEORGE

I JGEORGE@BIZJOURNALS.COM 215-238-5137 @PHLBIZJGEORGE

R R BY THE NUMBERS

Independence Health Group,


parent company of Independence
Blue Cross, posted its second
consecutive profitable year in
2017. Here is a look the Center City
health insurance company’s fiscal
performance last year:

$16.4 billion
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Revenues generated by
Independence, down slightly from
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$16.7 billion in 2016.


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$77 million
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Net income posted by the health


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insurer, which equates to 0.5


percent of total revenues. The
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company’s net income was up 15


percent from the previous year.
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57
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Percentage Independence’s
revenues have increased during the
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past five years.

86.4 cents
PROSCIA INC.
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From left: Proscia co-founders CEO David West, CTO Coleman Stavish and CSO Hunter Jackson.
Amount of premium dollars spent on
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member medical delivery expenses.


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$705 million PROSCIA CEO IS COMING HOME


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Paid by Independence in nonpayroll


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federal, state and local taxes. The


AI MEDICAL TECHNOLOGY FIRM MOVING vides a way for images to be analyzed by
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figure includes $209 million in gross different people simultaneously at loca-


receipt taxes, $127 million in state ITS HEADQUARTERS TO PHILADELPHIA tions around the world.
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premium taxes and $2 million in

A
Affordable Care Act related taxes Baltimore company that is using binder, the company’s vice president of West said the company’s technology
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and fees. artificial intelligence to improve operations, another Hopkins alumnus. platform is not meant to replace pathol-
how pathologists diagnose can- West and Buchbinder both graduated ogists, but instead allow them to do their
c om

R R QUOTABLE cer is moving its headquarters to with degrees in biomedical engineering. jobs more efficiently.
Philadelphia. “What we are doing [at Proscia] is Proscia has grown from four employ-
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“We want to tap into the talent pool part of a significant trend in medicine ees to 12. West expects that number to
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Philadelphia has in the technology that began about 15 years ago,” West double over the next year. It has raised
field,” said David West, Proscia Inc.’s said. about $2 million from private investors,
cia

co-founder and CEO. “You have the Uni- That trend involves digitizing med- led by New York-based Emerald Devel-
versity of Pennsylvania and Drexel, plus ical images using high-tech scanners. opment Managers.
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it’s close to a lot of pharmaceutical com- Today, pathology labs can scan images Its platform is currently used at
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panies. Philadelphia is a good place to from biopsies so they can be viewed on more 300 labs, academic medical cen-
be a health care technology company.” monitors instead of on glass sides placed ters and other health care institutions
JOHN GEORGE For West, the move is also a home- in microscopes. worldwide.
coming. He grew up in the Haverford “We saw this huge opportunity to Last month, the company signed
“A machine will never area and graduated from St. Joseph take all this data available in pixel form what is called a first-of-its-kind agree-
equal a human brain. Preparatory School before enrolling at and use it to help pathology labs become ment to provide its AI software to one
Johns Hopkins University. faster, more consistent and more accu- of the largest dermatopathology labs in
it will never happen.” West, 24, started Proscia in 2014 rate,” he said. the country. The identity of the lab was
while a student at the Baltimore uni- To accomplish those goals, Proscia not disclosed.
APPLE CO-FOUNDER STEVE
WOZNIAK, commenting on versity studying computational biology. developed a cloud-based platform fea- “The relationship is a big step forward
advancements in technology at the Among the company’s co-founders is turing software that incorporates arti- in Proscia’s mission to bring computer
2018 InstaMed User Conference West’s childhood friend Coleman Stav- ficial intelligence to take some of the intelligence to pathology,” West said.
in Philadelphia. Several hundred ish, Proscia’s chief technology officer. subjective analysis out of the process. “The number of pathologists in the U.S.
people attended the annual
West said Stavish, a University of Pitts- The system evaluates an image, identi- is decreasing, while the need for biop-
gathering held by InstaMed,
a Philadelphia-based medical burgh graduate, is a computer genius fies problem areas and makes distinc- sies is skyrocketing due to incidences of
technology company that processes who was making apps for smartphones tions such as whether the patient has a skin cancer steadily rising over the past
tens of billions of dollars in health before Apple’s App Store even existed. basal cell carcinoma, — which is highly two decades. The dermatology mar-
care payments annually through its Proscia’s other co-founders are Hunt- treatable when caught early — or a more ket presents a significant opportunity
integrated cloud-based network that
er Jackson, a data scientist and Hopkins serious melanoma. The system allows to transform laboratory economics and
connects thousands of hospitals,
physician practices and health graduate who is now the company’s researchers and pathologists to upload, improve patient outcomes in the fight
insurers and millions of patients. chief scientific officer, and Nathan Buch- extract and manipulate data — and pro- against cancer.”
APRIL 13, 2018 5

R R COLLABORATIONS

Alliances and partnerships continue to be Philadelphia, the partnership will explore Reason for partnering: Ralph Muller, CEO care at Penn Medicine hospitals when
in vogue in the rapidly changing health care similar clinical programs and along with of Penn Health System, said the intent of needed.” Susan Croushore, president and
industry. Here are the two latest examples. regional population health initiatives to the alliance is to offer Mercy Health and CEO of Mercy Health, said the alliance
address gaps in preventive care — and St. Mary patients “innovative public health will bring together Mercy’s “deep ties”
DREXEL UNIVERSITY’S COLLEGE OF provide improved access to care for programs and initiatives that will offer to its communities and Penn Medicine’s
MEDICINE IN PHILADELPHIA AND patients with “high-risk, high-cost” health patients continued access to high-quality academic medicine expertise.
READING-BASED TOWER HEALTH conditions. care close to home, as well as advanced
The partnership: Drexel and Tower Health
signed a memorandum of understanding
to jointly develop a branch medical school
campus in West Reading. The creation of
a branch campus in Berks County near the
campus of Reading Hospital is subject to
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necessary accreditation approvals. Tower


Health and Drexel expect to complete that
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accreditation process and have the new


campus operational in time for the 2020-21
ica

school year.
Reason for partnering: “This innovative
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collaboration addresses the challenge of


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an increased demand for highly trained


physicians, and will provide a positive
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economic impact to the Berks County


region,” said Clint Matthews, president
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and CEO of Tower Health. Drexel College


of Medicine Dean, Dr. Daniel V. Schidlow,
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said the collaboration will offer Drexel


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students “a great opportunity to train


with excellent physicians at a top-quality
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facility.” Drexel and Reading Hospital have


had an academic affiliation for the past
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two decades.“This will cement a strong


relationship we already have,” Schidlow
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said. “Reading Hospital has a tradition


of being interested in academics, it’s
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advanced technologically, and it is doing


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a lot of innovative things in patient care


where they see large volumes of patients
-

in all specialties.”
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THE UNIVERSITY OF PENNSYLVANIA


HEALTH SYSTEM, MERCY HEALTH
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SYSTEM AND ST. MARY MEDICAL


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CENTER
The partnership: The Penn Health
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System, Conshohocken-based Mercy


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Health and St. Mary in Langhorne have


formed a partnership that will focus on
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developing joint clinical care programs


and population health initiatives. The
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initiative will include developing joint


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clinical care programs in areas such as


cancer care, cardiology, surgical services,
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and substance abuse treatment in Bucks


County and the surrounding areas. In West
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PENN HEALTH

Penn Health System CEO Ralph Muller.


6  PHILADELPHIA BUSINESS JOURNAL

ON TECH & EDUCATION BY MICHELLE CAFFREY

I MCAFFREY@BIZJOURNALS.COM 215-238-5132 @PHLBIZMCAFFREY

In the S&P 500 there are 26 female


CEOs, and five of them, 19 percent, lead
a utilities company, just one of nine sec-
tors. Story knows all five, and said four
came from the engineering side.
“We all came from the ground up, we
worked in power plants, worked in oper-
ations,” she said, stressing the power of
a STEM degree. “If you have the creden-
CRAIG TERRY tials, the education and you work in the
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field like everybody else, it becomes less


Attendees filled the room at
of an issue if you’re female or a minori-
Rowan University’s first faculty
ty. You go through the same steps every-
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research day.
one else does.”
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HIGHER ED HIGHLIGHT All too often, of course, women move


up those steps but then hit a ceiling, a
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ROWAN LAUDS fact borne out by the decreasing percent-


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age of female representation as you move


ITS RESEARCH
ty

up the corporate ladder.


Rowan University showed off That’s often where relationships
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the school’s fast-growing faculty become far more important, studies have
research initiatives last week at the shown, where a network, mentors and
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student center’s Eynon Ballroom,


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sponsors can be the deciding factor in


where 300 attendees gathered
to see nearly 80 faculty members earning a top position.
ss

step out of their offices and labs to A chicken-and-egg scenario crops up


present at the university’s first ever then – companies with more women at
Jo

Faculty Research Day. the top tend to have more female exec-
The event was a chance for JEFF FUSCO utives in their existing networks, lead-
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professors and physicians to show


off years of research and cultivate ing to more women having access to
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connections among the Rowan Once a board becomes more equitable by gender, it’s easier to keep it that way, high-level positions.
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community, and it also provided according to American Water CEO Susan Story “What we found is that once you get
a stage to launch a brand new, that gender parity, it’s not hard to keep
-

$250,000 research fund designed

A BOOST FROM
it when you’re looking for new board
No

to back faculty, students and staff


projects that focuses on diversity. members,” Story said. “You tend to look
past the gender stereotypes when you’re
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The Rowan Research Experience

BETTER BALANCE
for Diversity and Inclusion (REDI) is filling the job … I think a lot of the hid-
or

separated into two categories, one den bias happens when you’re more
for faculty and one for students, said homogenous.”
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Beena Sukumaran, the president’s


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fellow for diversity and inclusion. The nature of the communication,


construction and – especially – the util-
Faculty projects that dig into UTILITY COMPANIES THRIVE WITH
m

a problem related to diversity or ities field could also be a contributing


have the potential to have a positive GENDER EQUITY ON BOARDS. HERE’S WHY.
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factor to the success of female directors


impact, whether just on campus or on those boards, said Temple University
cia

W
nationwide, are eligible to receive
a maximum award of $5,000, and hen the Forum of Executive age points more than the rest of the Fox School of Business Professor Steven
Women released its annual categories. Balsam, who studies gender diversity on
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student-led research projects can


receive renewable awards of $2,500. Women in Leadership Report The 20 percent for that category is less corporate boards.
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The university is also focusing looking at gender equity in regional pub- than the Forum’s goal of having every The highly regulated nature of util-
on how to make its own classrooms lic company boards and C-suites this board of directors in Pennsylvania be ities and their connections to the pub-
more inclusive through the
Program for Inclusive Pedagogy past fall, one new metric stood out. at least 30 percent female, though com- lic sector, which is more likely to have
and Educational Reform (PIPER). It For the first time, the organization’s panies like American Water reported 63 affirmative action policies in place, could
draws funding from a $1.92 million study broke its data out by specific indus- percent of its board seats were filled by contribute to the higher numbers, Bal-
National Science Foundation grant tries, and the communication, construc- women and 60 percent of its top exec- sam said.
Sukumaran received in 2016 to tion and utilities fields, grouped togeth- utives are female, the highest out of the “They are very closely tied to the reg-
improve diversity in the engineering
field. er, outperformed all others in Greater top 100 public companies in the region. ulators and the government and there
Philadelphia when it came to having The 12 public companies in the com- also might be a situation where there’s
more female directors, executives and munication, construction and utilities implicit pressure to have a diversified
R R BIG NUMBER top earners. industries really shined when it came to board,” he said.
Out of the top executives in that top earners, with 19 percent of their top Story said she’s found gender parity

$5M
cohort, 22 percent are female, compared earners being women, 7 to 10 percent- on a board drives success when it comes
with 18 percent in retail and wholesale age points more than any other industry. to understanding the end customer, as
trade; 14 percent in finance, insurance The industries’ success in reaching about 70 percent of financial decisions
and real estate, 12 percent in manufac- sought-after gender equity levels begs are made by women in a household.
turing and 11 percent in the services the question — what are they doing, and “If you don’t understand your cus-
The amount New York-based self- industry. how can other companies in the region tomer or clients, and you don’t look like
care app Shine raised in its Series About 20 percent of directors in the learn from it? them or represent them,” she said. “You
A funding round, led by Comcast region’s communication, construction American Water CEO Susan Story has have a business model that’s probably
Ventures. and utilities are female, 3 to 10 percent- a few theories. not going to be successful in the future.”
APRIL 13, 2018 7

S TAT U S Q U O S I T S I D L E .
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provide services to their clients, as the context requires. GTIL and each of its member firms are not a worldwide partnership and are not liable for one another’s acts or omissions. In the United States,
visit grantthornton.com for details. © 2018 Grant Thornton LLP | All rights reserved | U.S. member firm of Grant Thornton International Ltd
8  PHILADELPHIA BUSINESS JOURNAL

ON HOSPITALITY BY KENNETH HILARIO

I KHILARIO@BIZJOURNALS.COM 215-238-5145 @PHLBIZKENNETH

R R QUOTABLE

PGW starts food-focus web series


IT’S AN ENGAGEMENT TOOL TO BOOST THE UTILITY’S BRAND

P
hiladelphia Gas Works is working
with local restaurants for a new
web series that will highlight the
city’s dining scene. The utility seeks to
“Seaview has been an “humanize” and shape a positive image
Am

around its company brand.


important asset in PGW’s “Flame to Table” is a series of
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Stockton’s history. monthly, short videos combining behind-


ica

the-scenes kitchen footage with a table-


Stockton’s purchase side conversation over dishes. It highlights
n

of Seaview preserved why restaurants use natural gas and why


Ci

it’s preferred at home.


and improved a PGW has 500,000 customers in Phila-
ty

historic property in delphia, and it began working on improv-


Bu

ing their satisfaction after the company


Galloway Township completed a comprehensive assessment
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and provided much- of its brand a few years back.


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The company looked at how it’s per-


needed housing for our ceived, what drives those impressions and
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students.” how it compares to peer utilities, said Bar- COURTESY OF DIM SUM HOUSE
ry O’Sullivan, PGW director of corporate
Jo

Cooking up dishes at Dim Sum House, the subject of the first episode.
STOCKTON UNIVERSITY communications and “Flame To Table”
ur

PRESIDENT HARVEY KESSELMAN, host, in an interview with the Philadel-


on Stockton’s plan to sell the
na

phia Business Journal. ly bills comes around, which are usually untenable,” O’Sullivan said.
Stockton Seaview Hotel & Golf Club,
which the university purchased in Findings were “sobering.” For every done using online services now. “Flame to Table” may be a step in the
ls

2010 for $20 million. The buyer and dollar PGW collects in rates, it puts almost The challenge is to make sure that right direction for PGW.
-

sale price will be released when the $1.50 back into the local economy, but “we when customers see or engage with PGW, “A short video — properly developed —
sale closes.
No

were not seen as an economic asset for the “it’s interesting and that it brings to mind can capture and keep the attention of its
city,” O’Sullivan said. positive associations,” O’Sullivan said. viewer more effectively than most other
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R R BIG NUMBER PGW maintains 6,000 miles of pipe- Philadelphia’s evolution results in communication tools,” said O’Sullivan,
or

line infrastructure, delivering service another challenge. Over 80 percent of who said PGW is using video to “human-

$85K
through cold days and storms, but PGW Philadelphia homes use natural gas for ize our brand, own our role in Philadel-
c

was “not regarded as efficient or depend- heat, and most use it for cooking, but the phia and shape a positive image.”
om

able,” he said. “Our employees don’t just population growth and turnover results in “In this era, video has the advantage of
work in Philadelphia; they live here, too, new residents who don’t know what PGW being very easy to consume,” O’Sullivan
m

yet we were not seen as part of the city’s is, he said. said. “All you have to do is watch and lis-
er

Saxbys started two scholarship community.” “They don’t have a relationship with ten. For many people, the day is too short
cia

programs with Temple University PGW’s presence as a brand was “virtu- us. When you add in the reality that peo- to read product descriptions or dig deep
and the Community College of ally invisible,” O’Sullivan said. ple are changing how they find and con- into service options. We’re trying to meet
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Philadelphia to give more than Most customers’ regular interaction sume messages, clinging to old com- them where they are — online — in a for-
$85,000 to students. with PGW comes when paying for month- munications strategies quickly becomes mat that’s easier to digest.”
se

A FEW MINUTES WITH ... GREG DODGE

ZAVINO HOSPITALITY GROUP EXPANDING IN DOWNINGTOWN


Zavino owner Greg Dodge plans to I felt that there was an opportunity city is an amazing place, but it can
buy Downingtown’s historic paper to create that same dynamic in also be a crowded one. So many of
mill and turn it into Enoteca Tredici Downingtown, and as a team, we our main dining corridors are full of
Downingtown, scheduled to open by just couldn’t resist that. restaurants already. Building in the
the end of 2018. I spoke with Dodge You’re expanding a lot in the city is doubly challenging not just
about the Zavino Hospitality Group’s suburbs; is there still room for because of that, but because finding
expansion. more of your restaurants in Center a space of appropriate size, and
What is attractive about City? We will definitely build more building it out can be so much more
Downingtown? I immediately thought restaurants in the city. But for now, costly.
of how exciting it has been for us to our focus is on the suburbs and our We felt that there was an
bring Enoteca Tredici to Bryn Mawr casino project. (A Zavino will open opportunity to grow in dynamic
and create a place for our guests to in Missouri at the Ameristar Casino ways outside of downtown,
enjoy a real, downtown night out in a Hotel Kansas City.) bringing contemporary spaces to
place that’s close to home. Why are the suburbs attractive? The new communities, and it has been a
CREDIT HERE
lot of fun for our team.
APRIL 13, 2018 9

CONGRATULATIONS 2018 HONOREES


Am

Anu Nair Evanthia Anadioti Lindsay Sacknoff


er

Klasko Immigration Law Partners, LLP University of Pennsylvania TD Bank


ica

Arpa Garay Greg Hagin Lisha Davis


n

Merck & Co. CCS Fundraising Vanguard


Ci
ty

Arturo Loaiza-Bonilla J. Andrew Greenblatt Matthew Faranda-Diedrich


Cancer Treatment Centers of America Philadelphia Film Society Royer Cooper Cohen Braunfeld LLC
Bu

Bernard Tynes Jamie Bartholomew Aller Matthew Kull


s
ine

Penn Community Bank National Bank of Malvern Comoto/RevZilla.com/Cycle Gear


ss

Brandi Baldwin-Rana Jamila Harris-Morrison Megan Holmes


Millennial Ventures Holdings ACHIEVEability Stantec Architecture
Jo

Brandon Dixon Jamillah Moore


ur

Mo Rushdy
Tower Investments Inc. Citizens Bank Riverwards Group
na

Chad Stender Jason Tucker


ls

Patrick Murray
SeventySix Capital The Goldenberg Group STP Investment Services
- No

Charles McGrath Johanna Mikitka Simon Sara Solow


MRP Realty Schnabel Engineering
tf

Hogan Lovells
or

Colleen Crowley John Dulczak Shane Hostetter


PwC Labor First
c

Quaker Chemical Corp.


om

David Davis Jonathan Santomauro Steven Singh


m

Accenture Ancillare, LP PECO


er

Kim Kraynyak Jonathan Morgan


cia

Timothy Chubb
Inovio Pharmaceuticals Morgan Properties Univest Wealth Management Division
lu

Eleanor Vaida Gerhards Joseph Meade Veeral Shah


se

Fox Rothschild LLP LaSalle University Campbell Soup Co.


Elizabeth Valentine Kristin Houston Victoria A. Guilfoyle
Hospital of the University of Pennsylvania The Boeing Co. Blank Rome LLP
Leah Balerno
Cushman & Wakefield

VIP TABLES NOW AVAILABLE!


PBJ.COM/EVENTS
Event questions? Contact Angelica Garcia, Events Director at agarcia@bizjournals.com
Sponsorship or special section questions? Contact Alex Cornelius at acornelius@bizjournals.com
10  PHILADELPHIA BUSINESS JOURNAL

ON REAL ESTATE BY NATALIE KOSTELNI

I NKOSTELNI@BIZJOURNALS.COM 215-238-5139 @PHLBIZNKOSTELNI

Am

NATALIE KOSTELNI
er

A seating area in an ammenity space


ica

for tenants.
n

The repositioning of the Bourse is


Ci

well underway. MRP Realty has reno-


ty

vated a portion of the ninth floor into


a common area where tenants can get
Bu

BLT ARCHITECTS a change of scenery, work or socialize.


The biggest part of MRP Realty’s
s

Rendering of what a revamped Bourse food hall will look like.


ine

plans at the building involves trans-


forming the old Bourse retail mall. To

BOURSE BATTLES VACANCY


ss

that end, MRP Realty has filled in a


space where escalators were once locat-
Jo

ed between the first two levels, gaining


about 2,200 square feet and creating a
ur

MRP HOPES RENOVATION PROJECT WILL ATTRACT OFFICE TENANTS full 30,000-square-foot floor. In addi-
na

tion to giving it extra space, it will allow

M
ls

RP Realty, a Washington, D.C., MRP Realty to put food stalls down the
real estate developer, is mak- middle of the floor as well as around
-

ing progress in a $22.5 million parameter. The now closed-over base-


No

transformation of the former Bourse ment, which is also 30,000 square feet,
retail mall into an upscale food hall that will be marketed to office tenants.
tf

is scheduled to open this summer and When it came time to do the floors,
or

become a key component in the reposi- MRP Realty uncovered mosaic tile from
tioning of the office building. when the Bourse was originally con-
c om

The completion of the retail space, structed as a commodities exchange


which will house 30 food tenants, is in 1895. Brass numbers that demar-
m

expected to be a linchpin in closing cated areas of the trading pit were also
er

some of the vacancy in the 12-story exposed.


building that has 280,000 square feet Of the 30 food tenants the Bourse will
cia

of office space. Of that amount, just 60 have, 28 have signed leases and two are
percent is occupied by tenants. in negotiations, said Michael Cassidy, a
lu

If Diversified Lighting Associates is vice president at MRP Realty. Third and


se

an indicator of the Bourse’s future, that Ferry, Abunai Poke, Baby Buns, Blue-
occupancy gap will close over time. bird Distilling, Rebel Taco and Vera Pas-
Diversified Lighting recently moved ta/Bronze Table are among the tenants
into 5,000 square feet on the ninth floor that have signed on.
of the building for its first Center City Since 1980, when the retail area
NATALIE KOSTELNI
office. The Warminster company’s exec- was incorporated into the building,
utives knew once they stepped onto the MRP Realty is repositioning the Bourse and its food hall. the retailers mostly catered to seek-
floor that the Bourse was the right fit ing souvenirs of Liberty Bells, Rocky
for a variety of reasons but the food hall One firm, which he declined to name, The Bourse’s occupancy has tak- T-shirts, ice cream and fast food but the
played a big part in its decision to lease is close to signing a lease. en hits over the years. In 2012, it suf- revamped Bourse seeks to widen audi-
space in the Bourse. MRP Realty closed on buying what is fered two defections from which it ence to the office tenants and the neigh-
“They are turning it into a building referred to as the Kaiserman portfolio in really hasn’t recovered. The building, borhood. The tenant mix is also expect-
people want to be in,” said Joe DiRien- February 2016. The Bourse, 400 Market which sits across from the Liberty Bell ed to attract foot traffic in the evening as
zo of Diversified Lighting. “I think when St. and 325 Chestnut St. were the Phila- and Independence Mall, saw the U.S. well as during the weekends, which was
the food court opens, the space will fill delphia office buildings included in the Navy vacate 65,000 square feet and DPT important for MRP Realty and its plans.
up.” portfolio and not long after acquiring Business School empty out of 30,000 “You don’t want this to roll up at 6
Dan Gummel, a broker with Per- the properties, MRP Realty began mak- square feet. During the last two years, p.m. and close,” Cassidy said.
naFrederick Real Estate who represent- ing renovations to each of the build- other tenants have departed including The stalls will soon be turned over
ed Diversified Lighting, said several of ings with an eye toward trying to ele- Gian-Grasso, Tomczak & Hufe, which is to the tenants and they will fit out the
his other clients have increasingly start- vate them in the market and raise rents an immigration law firm, as well as 365 space with their design and finishes
ed to look at the building as an option. along the way. Health Services and Hussian College. with an eye toward opening in July.
APRIL 13, 2018 11

THEY SAW THE LIGHT CHANGES

KOP BUSINESS PARK


Finding the right space at the Bourse GETS NEW NAME

B
ruce King, president and CEO of The King of Prussia Business Park,
Diversified Lighting Associates, an area bound by North Gulph
Road and just past Allendale Road
finally came to the conclusion and Route 23 and the Pennsylvania
that he was being remiss by not having Turnpike that is populated by flex
Am

a presence in Center City. and office buildings, has a new


The company, which is based in name and logo that seeks to shed
Warminster and has been in business its past and embrace its future. It is
er

now called Moore Park KOP.


since 1969, had just about every geo- The King of Prussia District
ica

graphic area covered with its four oth- initiated an effort with the support
er offices in Lan- of a committee of property owners
n

caster, Allentown, in the business park and input from


Ci

L a n s d al e a nd the township to give the area more


of an identity.
ty

Wilmington. It “We felt like there was so much


was time to finally going on in the business park that
Bu

plant an outpost in continually referring to it as the


Center City. business park wasn’t doing the
s

neighborhood any justice,” said Eric


ine

“We felt it was a


Goldstein, executive director with
dereliction of duty King of Prussia District.
ss

Bruce not having a space The area has changed since the
King in the city,” King first buildings were developed in
Jo

said. The company the late 1960s and early 1970s and
NATALIE KOSTELNI
was already in Philadelphia frequently it is poised to veer from its past
ur

even more. The addition in 2014 of


to meet with clients or hold meetings Diversified Lighting’s space in the Bourse. new zoning in Moore Park is also
na

to collaborate with architects and oth- expected


ls

ers involved in projects. to bring


To correct that dereliction, Diversi- the company was looking for, said Joe underway to transform the Bourse food mixed-use
-

fied Lighting enlisted Dan Gummel of DiRienzo of Diversified. The expansive court into a high-end food hall, Diversi- development
No

to the area
PernaFrederick Commercial Real Estate ceiling height worked giving it room fied also liked that as an amenity as well and two
to help with its search. The company to showcase different lighting as well as a common area accessible to all ten-
tf

apartment
didn’t want to go any further than Vine as fit a giant screen in a space used for ants that MPR Realty, the owner of the projects
or

Street and kept its search between the training and product presentations. The building, has incorporated on the other are already
Schuylkill River and Delaware River. company liked the ability to incorpo- side of the ninth floor. underway, such as a train that
c

would go through the park.


om

After looking at several spaces, Gum- rate some exposed brick into its design Though Diversified Lighting has 80
mel showed them the ninth floor of the and the abundance of natural light that employees just one works from the new
m

Bourse. the space gets from not only facing the Bourse office. That is because the com- An expanded version of this
Q story is available at pbj.com
er

“We walked in here and just knew east but from the building’s skylight pany is using the majority of the space
this was the space,” King said. The com- that floods the core. Eimer Design Stu- as a resource center and studio to show-
cia

pany signed a seven-and-a-half year dio was the architect on the Diversified case “all things lighting and controls,”
lease on 5,000 square feet. Lighting space. King said. The company represents 150
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The space had a lot of the features Even though construction is still lighting manufacturers.
se
12  PHILADELPHIA BUSINESS JOURNAL

ON FINANCE & LAW BY JEFF BLUMENTHAL

I JBLUMENTHAL@BIZJOURNALS.COM 215-238-5136 @PHLBIZLAWBANK

R R BIG NUMBER
GROWTH THROUGH ACQUISITION
$1 BILLION CBIZ ACQUIRES ITS SECOND LOCAL itive and not organ-
ic. Last summer,
CONSULTING FIRM IN PAST 9 MONTHS CBIZ acquired CMF
Associates, an Old

C
The amount of money Wells Fargo BIZ has completed its second ets — financial and employee services. City-based consul-
& Co. could reportedly be fined by local acquisition in the past nine The financial service offerings include tant and provider of
the Consumer Financial Protection
Bureau for auto insurance and months, buying the assets of pen- accounting, tax, financial advisory, gov- supporting services
Am

mortgage lending abuses. Such sion and investment consulting firm InR ernment health care consulting, risk for private equi-
a penalty that would dwarf the Advisory Services. Financial terms were advisory, real estate consulting, and valu- ty firms. The deal
er

agency’s previous record $142 not disclosed. ation services. Employee services include Michael added 75 employees
million fine levied in response to
ica

InR, based in Media, provides invest- benefits consulting, property and casual- Glackin — internal staff and
Wells Fargo’s 2016 fake accounts
scandal. ment advisory services for public and pri- ty insurance, retirement plan consulting, outside consultants
n

vate sector clients and nonprofit organi- payroll, life insurance, HR consulting and — from CMF, which provides transaction
Ci

zations, and recorded about $3.5 million executive recruitment. and transition-focused financial, opera-
R R QUOTABLE in revenue in 2017. Its website lists nine The growth for the company has been tional, and human capital solutions to pri-
ty

employees. on the employee services side. Locally, vate equity firms and their portfolio com-
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Neither InR nor CBIZ responded to CBIZ fell from No. 10 to No. 14 on the Phila- panies across North America. It recorded
requests for comment. But in a public delphia Business Journal’s most recent list $19.2 million in revenue in 2016.
s

statement InR President Michael Glackin of the region’s largest CPA firms, despite Acquisitions are a major strategy for
ine

said it was important for his firm to part- increasing its CPA head count modestly CBIZ to meet its stated goal of growing to
ner with a national company. from 57 to 73 during that time. $1 billion in annual revenues in the com-
ss

“We can now bring additional services Rival firms have grown faster in this ing years. It completed six deals in 2016
and resources to our clients while con- region on the tax and audit side. CBIZ and ended that year close to $800 million
Jo

tinuing to expand our presence in Penn- offers audit and tax services through its in total revenue. The firm grew to $855
ur

sylvania and beyond,” Glackin said. associates with Mayer Hoffman McCann. million in revenue at the end of last year,
na

In the statement, CBIZ President and Conversely, total employees in the with acquisitions contributing to 4.7 per-
CEO Jerry Grisko said InR deepens his region have increased from 195 to 341, cent of the 6.9 percent growth achieved.
ls

firm’s investment management expertise which is indicative of the more explosive Net income grew by almost 6 percent to
-

and specifically taps into the municipal growth on the employee services side. It $50 million last year.
No

pension and 457 marketplace. was ranked 12th on the Business Journal’s In it’s fourth-quarter earnings report,
“We are obviously The Cleveland-based CBIZ, one of the list of the largest employee benefits con- CBIZ said it expects revenue to grow by
tf

keeping our eye on 10-largest U.S. CPA firms with 100 offices sultant firms and fourth in the list of the 5 percent to 8 percent and earnings per
or

spread over 33 states, provides profession- largest insurance brokerages. share by 13 percent to 17 percent.
technology. Amazon is al business services that are in two buck- Much of that growth has been acquis-
c

talking about offering


om

checking accounts.
m

Wal-Mart tried that FOCUS ON CONSULTING


er

and it didn’t work CBIZ fell from eighth to 14th on the Philadelphia Business Journal’s list of the
cia

largest accounting firms over the past five years despite significant growth. The
out so well, but with firm’s CPA head count grew by 28 percent while overall head count spiked by 75
lu

percent. The latter figure is indicative of the firm’s strategic focus on expanding
things like Blockchain its consulting services. 341
se

and Bitcoin, you Local employees Local CPAs 295


wonder what is
next. Look what
Uber did to the taxi 205
195
business. Is there an
165
Uber in the financial
services world on the
horizon?”
73
NEW FRANKLIN MINT FEDERAL 57 64 65 61
CREDIT UNION’S NEW CEO
MICHAEL B. MAGNAVITA, on
keeping up with technology in the
financial services industry.
2014 2015 2016 2017 2018

Source: Philadelphia Business Journal research


APRIL 13, 2018 13

BE MORE
THAN JUST AN AGENT
Am
er
ica
n
Ci
ty
Bu
s ine
ss

OMAR ZAKI
Jo

Allstate Agency Owner


ur
na
ls
- No
tf

Be an Allstate Agency Owner and earn equity in the business you build. And that’s just one of the
or

benefits. You’ll be your own boss, enjoy high earnings potential and have the opportunity to sell or
c

pass down your agency someday. Ready to learn more? RSVP today!
om
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OWNERSHIP EVENT To RSVP visit


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155 Main Street, Building L
King of Prussia, PA 19406
May 10, 2018
6:00 p.m. – 8:00 p.m.

Also recruiting for agency staff positions and Personal Financial Representatives.

Subject to all terms and conditions as outlined in the Allstate R3001 Exclusive Agency Agreement and Exclusive Agency program materials. Allstate agents
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Allstate Insurance Company, 2775 Sanders Road, Northbrook, IL 60062. In New Jersey, Allstate New Jersey Insurance Company, Bridgewater, NJ.
© 2018 Allstate Insurance Co.
14  PHILADELPHIA BUSINESS JOURNAL

Compiled by Sharon Oliver


215-238-5146, @PHLBizLists
soliver@bizjournals.com

LAW FIRMS – PRO BONO HOURS DONATED


RANKED BY PRO BONO HOURS DONATED IN 2016

R CLOSER LOOK

Name / Prior rank (*new or not ranked) /


URL
Address /
Phone
Local offices:
Number of Pro
Bono hours
donated in 2016
Local
offices
Company-wide:
Number of Pro
Bono hours
donated in 2016
Company-
wide: Number
of offices Local executive(s)
751,335
Total companywide pro
bono hours donated in 2016
1735 Market St. 51st Fl.
1 Ballard Spahr LLP 1
Philadelphia, PA 19103 22,386 3 43,889 13 Mark Stewart
among the the top 25 listed
ballardspahr.com firms. Up 66.5 percent from
215-665-8500
the hours donated in 2015
2929 Arch St. Cira Centre among The List’s 2017 top
2 Dechert 3
Philadelphia, PA 19104 21,474 1 86,756 30
Henry Nassau
dechert.com Judy Leone 25 Law firms by pro bono
215-994-4000 hours list participants
Am

1701 Market St.


3 Morgan, Lewis & Bockius LLP 5

164,693
Philadelphia, PA 19103 15,982 2 116,373 30 Timothy Levin
morganlewis.com 215-963-5000
er

3000 2 Logan Sq.


4 Pepper Hamilton LLP 2
ica

Philadelphia, PA 19103 14,600 3 28,851 13 Thomas Cole Jr. Total local pro bono hours
pepperlaw.com 215-981-4000 donated in 2016 among the
the top 25 listed firms. Up
n

130 N. 18th St.


5 Blank Rome LLP 4
Philadelphia, PA 19103 13,330 2 35,061 13
Alan Hoffman 14.8 percent from the hours
blankrome.com Patrick Cavanaugh
donated in 2015 among
Ci

215-569-5500
The List’s 2017 top 25 Law
30 S. 17th St.
Duane Morris LLP
ty

firms by pro bono hours list


6 duanemorris.com
7
Philadelphia, PA 19103 11,905 3 33,000 29 John Soroko
participants
215-979-1000
Bu

1717 Arch St. #3100


7 Reed Smith LLP 6
Philadelphia, PA 19103 9,276 2 69,240 27 Leonard Bernstein
reedsmith.com ABOUT THE LIST
s

215-851-8100
The Philadelphia Business
ine

1650 Market St. #2800


8 Cozen O'Connor 10
Philadelphia, PA 19103 8,072 4 19,011 26 Michael Heller
Journal’s 2018 Law Firms
cozen.com 215-665-2000
survey for inclusion on
its January 19, 2018 print
ss

1 Logan Sq. #2000 Jill Bronson edition, included questions


9 Drinker Biddle & Reath LLP 9
Philadelphia, PA 19103 6,969 2 22,251 12 Thomas McGonigle
drinkerbiddle.com regarding pro bono
Jo

215-988-2700 Andrew Kassner services of 2016. Of the


1600 Market St. #3600 Nicholas LePore 81 firms that completed
10 Schnader Harrison Segal & Lewis LLP 8
ur

Philadelphia, PA 19103 6,844 2 8,606 8 Theresa Loscalzo the 2018 Law firms survey,
schnader.com 215-751-2000 David Smith 45 firms submitted data
na

1650 Market St. #4900 about their company’s


11 DLA Piper * Philadelphia, PA 19103 4,792 1 217,000 86 Joseph Kernen local pro bono hours
ls

dlapiper.com 215-656-3300 donated in 2016. Those


company’s were considered
2000 Market St. 20th Fl.
Fox Rothschild LLP
-

Mark Silow for the 2018 Law firms by


12 foxrothschild.com
11
Philadelphia, PA 19103 3,770 6 7,806 22
Mark Morris Pro Bono Hours donated
No

215-299-2000
List. The complete List
1650 Market St. #1800
13 White and Williams LLP 12 of participating firm
tf

Philadelphia, PA 19103 3,239 5 3,763 10 Kenneth Gibb is available at www.


whiteandwilliams.com 215-864-7000
bizjournals.com/
or

50 S. 16th St. #3200 philadelphia/datacenter/


14 Buchanan Ingersoll & Rooney PC
bipc.com
* Philadelphia, PA 19102 2,968 1 23,121 18 Joseph Dougherty lists
c

215-665-8700
om

1717 Arch St. #3630


15 Griesing Law LLC 20
Philadelphia, PA 19103 2,767 1 2,767 3 Francine Griesing NEED A COPY
griesinglaw.com 215-618-3720 OF THE LIST?
m

1 Centennial Sq.
Information for obtaining
16 Archer 12 Christopher Gibson reprints, web permissions
er

Haddonfield, NJ 08033 2,680 3 3,150 8


archerlaw.com James Carll and commemorative
856-795-2121
plaques can be obtained
cia

50 S.16th St. 22nd Fl. Albert Bixler


17 Eckert Seamans Cherin & Mellott LLC 17
Philadelphia, PA 19102 2,176 2 4,058 15 Timothy Hudak
from Jenny Clark at
eckertseamans.com 215-851-8400 Dorothy Davis
877-397-5134 or jclark@
lu

bizjournals.com.
Zarwin Baum DeVito Kaplan Schaer Toddy 1818 Market St. 13th Fl.
18 PC *
se

Philadelphia, PA 19103 2,100 2 2,100 5 Mitchell Kaplan WANT TO BE


zarwin.com 215-569-2800 ON THE LIST?
1500 Market St. #3500E If you wish to be surveyed
19 Dilworth Paxson LLP 14
Philadelphia, PA 19102 1,809 3 1,817 5 Ajay Raju when The List is next
dilworthlaw.com 215-575-7000 updated, or if you wish to
1600 Market St. #3900 be considered for other
20 McCarter & English LLP 16
Philadelphia, PA 19103 1,496 2 15,742 9 Michael Kelly Lists, email your contact
mccarter.com 215-979-3800 information to Sharon Oliver
at soliver@bizjournals.com
2929 Arch St. 13th Fl.
21 Reger Rizzo & Darnall LLP 18
Philadelphia, PA 19104 1,353 5 1,353 8
Louis J. Rizzo and make sure to include
regerlaw.com 215-495-6500
Kelly O'Malley which list(s) you wish to be
surveyed for inclusion.
2005 Market St. #2600 William Sasso
22 Stradley Ronon Stevens & Young LLP 19
Philadelphia, PA 19103 1,321 4 1,750 8 Kevin Boyle
stradley.com 215-564-8000 Jeff Lutsky
Montgomery McCracken Walker & Rhoads 123 S. Broad St. 28th Fl.
Louis Petroni
23 15 Philadelphia, PA 19109 1,248 5 1,735 6
Richard Scheff
mmwr.com 215-772-1500
Obermayer Rebmann Maxwell & Hippel LLP 1500 Market St. #3400
Andrew Frey
24 23 Philadelphia, PA 19102 1,136 5 1,136 8
Mathieu Shapiro
obermayer.com 215-665-3000
P.O. Box 4307
25 Chovanes Law
chovaneslaw.com
* Philadelphia, PA 19118
267-235-4570
1,000 1 1,000 1 Julie Chovanes

NOTES: NA - not available; NEW - New to the list; WND - Would not disclose
APRIL 13, 2018 15

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er
m
com
or
tf
- No
ls
na
ur
Jo
ss
s ine
Bu
ty
Ci
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Am
16  PHILADELPHIA BUSINESS JOURNAL

Compiled by Sharon Oliver


215-238-5146, @PHLBizLists
soliver@bizjournals.com

FOUNDATIONS
RANKED BY TOTAL GIVING FOR TAX FILING YEAR OR YEAR ENDING 2016
Tax filing
Address / year/year R CLOSER LOOK
Name / Prior rank (*new or not ranked) / URL Phone Total giving Assets ending Type of grantmaker

$1.08
GlaxoSmithKline Patient Access 5 Crescent Dr.
$375.95 $29.74 Operating foundation; company-
1 Programs Foundation 1 Philadelphia, PA 19112
million million
2016
sponsored foundation
gskforyou.com 888-825-5249

billion
300 Conshohocken State Rd. #500
2 John Templeton Foundation 3
West Conshohocken, PA 19428
$151.82 $2.91
2016 Independent foundation
templeton.org million billion
610-941-2828
100 N. 18th St. 11th Fl.
3 The William Penn Foundation 5
Philadelphia, PA 19103
$115.49 $2.29
2016 Independent foundation Total giving among the
williampennfoundation.org million billion
215-988-1830 listed foundations for for
501 Silverside Rd. #123 the tax filing year 2016
4 Shelby Cullom Davis Charitable Fund 4
Wilmington, DE 19809
$77.24 $2.52
2016 Independent foundation
Am

$11.75
NA million billion
800-839-1754
501 Silverside Rd. #123
5 The Kendeda Fund 6
Wilmington, DE 19809
$44.4 $155.88
2016 Independent foundation
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NA million million
800-839-1754
1717 Arch St. 14th Fl.
billion
ica

6 The Wyncote Foundation 8


Philadelphia, PA 19103
$43.39 $471.94
2016 Independent foundation
wyncotefoundation.org million million
215-557-9577
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1090 Horsham Rd. Total assts among the listed


7 Teva Cares Foundation 10
North Wales, PA 19454
$30.65 $5.74
2016 Company-sponsored foundation foundations for the tax
tevacares.org million million
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877-237-4881 filing year 2016


100 W. 10th St. #1109
Longwood Foundation Inc. $29.6 $637.08
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8 longwoodfoundation.org
7
Wilmington, DE 19801
million million
2016 Independent foundation
302-654-2477
ABOUT THE LIST
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1717 Arch St. #4050


9 Neubauer Family Foundation 12
Philadelphia, PA 19006
$24.31 $434.23
2016 Independent foundation
Company-sponsored;
NA 215-606-1784
million million independent; operating and
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community foundations
501 Silverside Rd. #123
La Vida Feliz Foundation
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$22.8 $445 within metro Philadelphia


10 NA
11
Wilmington, DE 19809
million million
2016 Independent foundation
was considered for this List.
800-839-1754
1 Comcast Center 48th Fl.
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11 The Comcast Foundation 9


Philadelphia, PA 19103
$19.98 $9.26
2016 Company-sponsored foundation List sources: Foundation
comcast.com million million
215-286-1700 Directory Online and form
1
Crozer Keystone Community Foundation
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200 E. State Road #304 990-PF filed by individual


$14.43 $53.59
12 * Media, PA 19063
million million
2016 Community foundation foundations for the tax
610-744-1010 filing year or fiscal year
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ckcommunityfoundation.org
500 Delaware Ave. #900 ending in 2016.
13 Ruth Lilly Philanthropic Foundation * $13.36 $110.52
na

Wilmington, DE 2016 Indpendent foundation


NA million million
NA
E. Rhodes and Leona B. Carpenter
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1735 Market St. #3420


$13.12 $234.44
14 Foundation 13 Philadelphia, PA 19103
million million
2016 Independent foundation
215-979-3222
-

NA
300 Barr Harbor Dr. #125
*
No

15 The Maguire Foundation West Conshohocken, PA 19428


$12.7 $92.36
2016 Independent foundation
maguirefoundation.org million million
484-344-5004
Henry M. Rowan Family Foundation Inc.
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P.O. Box 157


$11.66 $262.34
16 17 Rancocas, NJ 08073
million million
2016 Independent foundation
or

NA 609-267-9000
100 Front St. #1450
17 Connelly Foundation 14 $11.3 $269.87
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West Conshohocken, PA 19428 2016 Independent foundation


connellyfdn.org million million
610-834-3222
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1650 Arch St. 22nd Fl.


18 Sidney Kimmel Foundation 16
Philadelphia, PA 19103
$10.85 $13.9
2016 Independent foundation
kimmel.org million million
215-977-2538
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100 N. 18th St. #800


19 The Lenfest Foundation Inc. * $9.67 $86.09 Independent foundation; family
er

Philadelphia, PA 19103 2016


lenfestfoundation.org million million foundation
215-239-9003
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601 Pembroke Road


20 The Psalm 103 Foundation
NA
* Bryn Mawr, PA 19010
NA
$9.56
million
$92.6
million
2016 Independent foundation
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1845 Walnut St. 10th Floor


21 Arete Foundation * Philadelphia, PA 19103
$9.27 $78.73
2016 Independent foundation
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NA million million
NA
501 Silverside Road
22 Educational Foundation of America
www.efaw.org
* Wilmington, DE 19808
NA
$8.41
million
$165.93
million
2016 Independent foundation

1600 Market St. #3600


23 Oberkotter Foundation 22
Philadelphia, PA 19103
$8.26 $153.03
2016 Independent foundation
oberkotterfoundation.org million million
215-751-2601
1016 Smith Bridge Road
24 Crystal Trust 23
Montchanin, DE 19710
$7.94 $189.7
2016 Independent foundation
NA million million
302-651-0533
P.O. Box 768
25 Seed the Dream Foundation
seedthedream.org
* Gladwyne, PA 19035
NA
$7.82
million
$29.15
million
2016 Independent foundation

1 Also known as Crozer-Chester Foundation.

NOTES: NA - not available; NEW - New to the list; WND - Would not disclose
APRIL 13, 2018 17

THE PHILADELPHIA BUSINESS JOURNAL IS


SEEKING NOMINATIONS!
2018 BEST PLACES TO WORK AWARDS
Do you love where you work? Is your company the best place to
work in Greater Philadelphia? Nominate now to be considered for
the 2018 Best Places to Work Awards.
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NOMINATE HERE DEADLINE TO NOMINATE


HTTP://BIZJ.US/1PIIYY FRIDAY, APRIL 20 | 5:00PM
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2018 SOARING 76 AWARDS


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The Philadelphia Business Journal is launching its third-annual


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initiative to identify the fastest-growing companies in the area.


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The List will be based on average percent revenue growth over the
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last three years. Will your company make the list? Nominate today!
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NOMINATE HERE DEADLINE TO NOMINATE


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HTTP://BIZJ.US/1PIUMQ FRIDAY, JUNE 1 | 5:00PM


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SPONSORED BY:
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2018 CFO of the Year Awards


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Philadelphia Business Journal proudly announces the 2018 CFO


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of the Year Awards. These awards will be given to financial


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professionals in Greater Philadelphia for outstanding performance


in their roles as corporate financial stewards.
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NOMINATE HERE: DEADLINE TO NOMINATE


HTTP://BIZJ.US/1PJCX3 FRIDAY, MAY 18 | 5:00PM

SPONSORED BY:

Event Questions? Advertising Opportunities?


Angelica Garcia | agarcia@bizjournals.com | 215-238-5111 Alex Cornelius | ssmith@bizjournals.com | 215-238-5100
18  PHILADELPHIA BUSINESS JOURNAL

COVER STORY

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GETTY IMAGES
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NOT BETTER TO
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GIVE THAN GET?


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Philadelphia regularly ranks near the bottom of cities for charitable contributions
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BY CRAIG EY, KENNETH HILARIO about 2.5 percent of their income to nonprof- it organizations in our area,” wrote Philadel-
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cey@bizjournals.com, khilario@bizjournals.com its – below New York (2.8 percent) and Wash- phia Foundation CEO Pedro A. Ramos in the
ington (2.9 percent) and well below Atlanta introduction to the report, titled “The Finan-

W
hat’s the matter with Philadelphia? (4.6 percent) and Charlotte, N.C. (3.6 percent). cial Health of Philadelphia-Area Nonprofits.”
Our metropolitan area is the fifth What’s more, the Chronicle estimates that “Moving from ‘getting-by’ to ‘getting-strong’
largest in the country. Collectively, Philadelphia’s “giving opportunity” – the addi- requires that more attention and talent be
we have a vast amount of wealth – both “old tional dollars that nonprofits would get if resi- dedicated to financial resilience by executives,
money” and newer, entrepreneurial riches. dents of the region gave at the national average boards and funders.”
Marcus
And we have an unusually robust sense of com- of 3.2 percent – is about $1 billion. So what’s wrong? How did the state of Phil-
Allen
munity as many residents stay here and build That giving deficit is at least party to blame adelphia nonprofits get to this point?
lives in the region. for an unusually high number of nonprofits in “It’s real and it is disturbing,” said Marcus
Yet, according to the statistics, we’re not distress. A report commissioned by the Phil- Allen, CEO of Big Brothers Big Sisters Indepen-
great at giving. According to the Chronicle of adelphia Foundation and released in fall 2017 dence Region, long known as one of the best-
Philanthropy’s report “Giving in the 50 larg- showed that 40 percent of nonprofits in Phila- run charities in the region. “There is a discon-
est metropolitan areas,” Philadelphia consis- delphia and Bucks, Montgomery, Chester and nect. There is so much wealth in this region,
tently ranks near the bottom in charitable con- Delaware counties have net operating margins but we have a small number of wealthy peo-
tributions. The report used IRS data to look at of zero or less. About 7 percent are technically ple who really give a substantial amount. Many
how much people who itemize their taxes gave insolvent, according to the report. people remain on the sidelines, and there is
to charity. In the latest report, people in Phil- “This report demonstrates that there is much
adelphia and the surrounding counties gave more work to be done to strengthen nonprof- CONTINUED ON PAGE 20
APRIL 13, 2018 19

21
18 23

13

14 22
24 9
12

17
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16 7
25 7
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11 1
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WHERE THE GIVERS ARE


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Metropolitan areas by average percent income to charities.


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The Chronicle of Philanthropy data is based on 2015 federal tax returns. 5


Giving Opportunity is the amount charities in a metropolitian area could have
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raised if residents gave at the national average level of 3.2 percent.


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Average % Total in
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of Income Average giving Itemized Giving


Metro area to Charity Population per itemizer Contributions Opportunity
- No

1. Atlanta 4.60% 5.5 million $8,044 $5.7 billion --


2. Nashville 4.00% 1.8 million $7,641 $1.2 billion --
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3. Houston 3.70% 6.3 million $7,949 $5.0 billion --


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4. Charlotte, N.C. 3.60% 2.3 million $6,457 $1.9 billion --


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5. Miami-Fort Lauderdale 3.40% 5.9 million $8,460 $4.3 billion --


6. Raleigh, N.C. 3.30% 1.2 million $5,511 $1.0 billion --
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7. Kansas City, Mo. 3.20% 2.1 million $5,259 $1.4 billion --


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8. Phoenix 3.10% 4.4 million $5,168 $2.3 billion $126 million


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9. Seattle 3.00% 3.6 million $5,825 $3.1 billion $150 million


10. St. Louis 3.00% 2.8 million $5,250 $1.8 billion $10 million
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11. Baltimore 3.00% 2.8 million $4,675 $2.3 billion $87 million
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12. Austin, Tex. 3.00% 1.9 million $6,249 $1.4 billion $52 million
13. Los Angeles 2.90% 13.2 million $6,098 $9.8 billion $726 million
14. Washington 2.90% 5.9 million $5,290 $6.3 billion $548 million
15. New York 2.80% 20 million $6,410 $20.1 billion $2.1 billion
16. Chicago 2.70% 9.5 million $5,289 $6.8 billion $907 million
17. San Francisco 2.70% 4.5 million $7,275 $6.1 billion $909 million
18. Denver 2.70% 2.7 million $4,863 $2.0 billion $270 million
19. Cincinnati 2.70% 2.1 million $4,580 $1.2 billion $137 million
20. Minneapolis-St. Paul 2.60% 3.5 million $4,532 $2.7 billion $438 million
21. Portland, Ore. 2.60% 2.3 million $4,169 $1.5 billion $257 million
22. Philadelphia 2.50% 6.0 million $4,430 $4.0 billion $966 million
23. Boston 2.50% 4.7 million $5,885 $4.6 billion $1.0 billion
24. Pittsburgh 2.50% 2.4 million $4,510 $1.1 billion $231 million
25. Sacramento 2.40% 2.2 million $3,689 $1.1 billion $278 million
SOURCE: THE CHRONICLE OF PHILANTHROPY
20  PHILADELPHIA BUSINESS JOURNAL

COVER STORY

CONTINUED FROM PAGE 18 “The elephant in the room is


that a lot of people of color
some burnout among the people who have been SOURCES OF
very involved.” don’t have generational
U.S. CHARITABLE
According to Capgemini’s 2015 United States wealth. If you say every
Wealth Report, about 146,000 households in the GIVING
region have net assets of more than $1 million. donor on this board of this
Individual (Living) 71%
Total wealth for the region is $550 billion, high- prestigious nonprofit has to
er than Dallas, Houston and Seattle, according Foundations 15%
to the report. Individual (Bequests) 9%
give $20,000 or $10,000, to
“I think sometimes people stay on the side- Corporations 5% me, how serious are you,
lines because our problems seems so over-
really, about diversity?”
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whelming – we have a 26 percent poverty rate


in the city of Philadelphia,” Allen said. “Peo- Source: CLAIRE LOMAX,
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ple sometimes think they can’t have much of Philanthropy CEO, Lomax Family Foundation
Roundtable
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an impact. But that’s wrong. Together, they can


(2015 data)
have a major impact.”
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Regina Donovan, board chair of the Philadel-


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phia chapter of the Association of Fundraising


Professionals, said the pool of givers definitely
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needs to get wider in the region. Another element that may be holding back
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“Among Philadelphia-area nonprofits, you nonprofit donations and engagement in Phila-


have a number of people who sit on multiple delphia is tight restrictions on donated mon-
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boards,” she said. “Being that interconnected GROWTH ey. Many donors stipulate exactly where their
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can be a positive thing ... but we need to bring OF PUBLIC CHARITIES dollars can be spent. And metrics have become
Revenues of nonprofits (501(c)(3)s registered with the IRS)
more people into our organizations and get them much more crucial to attracting money.
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engaged.” “Outcomes are extremely important,” Allen


Maud Lyon, president of the Greater Philadel- said. “They should be. But it can be overly
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phia Cultural Alliance, said that widening the 2013 restrictive if money is only targeted toward one
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net is job No. 1. Her organization just released $1,730 billion specific metric. For example, a lot of nonprof-
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a report showing that donors – from high net- its do great work in the field. But it takes mon-
worth individuals to millennials who recently ey to be able to prove that your model works.
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entered the workforce – open up their check- You need administrative money, operating
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books for specific reasons. Organizations need dollars ... There needs to be more trust.”
No

to dispel misconceptions. For the arts organiza- Allen compared it with investing in private
tions, that means showing that their missions industry: “When you invest in Google, you
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support education, human services and social don’t tell them exactly how you want your
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justice. They also need to overcome the mistak- money spent. You trust that they have a great
en conclusion that the arts are fully funded by management team in place who will know
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wealth patrons — a “relic from a bygone era,” how to spend the money.”
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Lyon said. Philadelphia nonprofit leaders aren’t very


“The arts are not elitist and not only for a priv- good at stating the case, and making their
m

ileged few,” she said. “Times have changed. Arts issues known. “Nonprofits need to be more
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and culture organizations all over the region honest about what’s holding them back,” he
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have rethought how they program and how they said. “Leaders and board members need to
reach audiences, and now they have to rethink speak out. We’re too quiet. We need to tell the
1999
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how they do fundraising.” $800 billion story of how we’re impacting the lives of peo-
Part of that is reaching out to groups that ple. Our community can no longer afford for
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have historically been underrepresented in us to keep playing nice.”


philanthropic circles. The Cultural Alliance The Philadelphia Foundation’s Ramos
report showed that African-American and His- WORKFORCE
sees a positive trend: “I’ve been encouraged
panic donors reported they were solicited less Percent workforce by the new individual philanthropists who
frequently, but they would give more when employed in nonprofit have begun stepping up to significantly shape
asked. That means Philadelphia nonprofits may sector the region’s future, and that’s a trend I think
be missing out on dollars and engaged talent you’ll see continuing – baby boomers defining
because they aren’t reaching out beyond the 10.6% their own legacies and millennials in search
traditional database of givers. 9.5% of impact.”
“The elephant in the room is that a lot of peo- 8.8% Donovan of the Association of Fundrais-
ple of color don’t have generational wealth,” said ing Professionals is also optimistic about the
Claire Lomax, CEO of the Lomax Family Foun- future.
dation. “If you say every donor on this board of “To me, it’s more exciting than it’s ever
this prestigious nonprofit has to give $20,000 been,” she said. “You can’t address the issue
or $10,000, to me, how serious are you, really, 1998 2005 2013 if no one agrees that there is an issue. But we
about diversity? We have to create more people. now know what the challenges are. I think
And the way to create more people is pipelines.” Source: Philanthropy Roundtable you’re going to see major progress.”
APRIL 13, 2018 21

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OF PHILANTHROPY
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Honoring partnerships between for-profit and nonprofit companies


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Presenting
Sponsor
22  PHILADELPHIA BUSINESS JOURNAL

OF PHILANTHROPY

SALUTING THOSE WHO GIVE 2018 FACES OF PHILANTHROPY HONOREES


A.C. Moore with Easterseals.............................................................................................. 24
Akin Gump Strauss Hauer & Feld with Support Center for Child Advocates................ 24
“Do your little bit of good where you or some other impactful program, we
are; it’s those little bits of good put want to celebrate and shine a light on AmerisourceBergen and Toll Brothers with CEOs Against Cancer................................. 25
together that overwhelm the world.” what the business community is doing 1776 with Episcopal Community Services........................................................................ 25
to make the region a better place for all Berkshire Hathaway HomeServices Fox & Roach with Cradles to Crayons................... 26
— Bishop Desmond Tutu of the region’s people.
The criteria for this year’s Faces of Citizens Bank with Citizens Champions in Action........................................................... 26
A major metropolitan area like Philanthropy Awards was measurable CMI/Compas with Liguori Academy..................................................................................27
Philadelphia could not function impact. How did the philanthropic Evolve IP with Junior Achievement....................................................................................27
without philanthropy — without folks initiative make a change in the lives
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coming together to take care of needs of others? As you will see through FS Investments with ACHIEVEability................................................................................. 28
that can’t be fulfilled by government the following pages, the judges were Independence Blue Cross with Justice Center for Research, Penn State University.... 28
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or the for-profit world. looking for tangible results. KPMG with First Book and the People’s Emergency Center............................................ 29
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To thrive, we need a robust nonprofit The Philadelphia Business Journal


sector that’s supported by foundations, congratulates the honorees for their PECO With Philadelphia Zoo............................................................................................. 29
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individuals and businesses. efforts in making the region a better Philadelphia Eagles with Children’s Hospital of Philadelphia..........................................30
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It’s our mission to focus on the latter. place to live, work and play. PNC Bank with United Way of Greater Philadelphia and Southern New Jersey............30
The Philadelphia Business Journal is The good that Bishop Tutu was
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all about results — but it’s not always referring to is evident here in Greater Main Line Accounting with Philadelphia Youth Basketball...............................................31
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about revenue and profit. Philadelphia. New Spring Capital with The GreenLight Fund................................................................31
Each year, we look for the best Together, we can overwhelm any Resource with Rebuilding Together Philadelphia............................................................ 32
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examples of how companies of all problem and change the lives of those
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sizes give back to Greater Philadelphia in need. Vanguard Group with Children’s Hospital of Philadelphia.............................................. 32
through engagement with our Wells Fargo with National Adoption Center..................................................................... 34
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nonprofit sector. Whether it’s building White and Williams with Adopt A School Initiative.......................................................... 34
houses for families of modest income, Craig Ey
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raising money in an innovative way, Editor-in-Chief Column: How small charities raise really big money....................................................... 35
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22498
-
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10x6.25
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Giving brings out


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the best in everyone


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Everyday, people share with friends, families,


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and neighbors. And in times of need, we give to


complete strangers, a simple act that can make
a lasting difference.

We proudly salute the organizers and


participants of the Faces of Philanthropy.

wellsfargo.com

© 2018 Wells Fargo Bank, N.A. All rights reserved. IHA-22498


APRIL 13, 2018 23

WE CELEBRATE
OUR PARTNERS!
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©2018 The Children’s Hospital of Philadelphia.


com
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Tomorrow’s breakthroughs at Children’s Hospital of Philadelphia are made


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possible through innovative partnerships, such as Vanguard’s investment to


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provide critical support to underserved families, and the Philadelphia Eagles’


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commitment to funding the groundbreaking discoveries in autism that will


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redefine research and care. We are honored to have the Philadelphia Eagles
and Vanguard Strong Start for KidsTM as members of the CHOP family.

On behalf of the families we are privileged to serve, thank you and


congratulations on this well-deserved award!

chop.edu/giving

18DEV1537 PBJ Face of Philanthro_MECH.indd 1 4/5/18 2:00 PM


24  PHILADELPHIA BUSINESS JOURNAL

OF PHILANTHROPY

Am
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AKIN GUMP STRAUSS HAUER & FELD (PHILADELPHIA OFFICE)


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A.C. MOORE WITH EASTERSEALS WITH SUPPORT CENTER FOR CHILD ADVOCATES
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Arts and crafts store A.C. Moore has partnered with Easterseals, a nonprofit Since 2007 the law firm of Akin Gump Strauss Hauer & Feld has partnered with the
that focuses on helping people and families living with disabilities. Through its Support Center for Child Advocates, a nonprofit that offers legal assistance and social
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Crafting A Better World campaign, A.C. Moore has partnered with Easterseals services support for abused and neglected adolescents in Philadelphia. Overall, Akin
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since 2010, raising more than $1.4 million for Make the First Five Count to has handled more than 30 cases for the center, and in just the past three years the
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ensure that young children get the services they need in early childhood to firm’s Philadelphia office has donated more than 1,145 hours. In 2017 alone, six of
thrive in school — and in life. A.C. Moore also offers its crafting expertise. its lawyers donated nearly 400 hours. Additionally, each year the office partakes in a
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“Crafting connects,” said Easterseals CEO Angela Williams. “Not only are crafts holiday toy drive for the center and makes financial donations to many of its yearly
an enjoyable activity for children, simple crafting can also help children learn events, including its Benefit Reception and Auction, Philadelphia Bar Association 5K
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important skills that affect their overall development.” Run/Walk and Child Advocates Golf Classic.
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GIVING BACK TO THE


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COMMUNITY IS A GIFT
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TO US ALL.
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Citizens Bank is proud to support the Champions in Action


program. Congratulations to all of the 2018 Faces of Philanthropy
winners.

Member FDIC. Citizens Bank is a brand name of Citizens Bank, N.A. and Citizens Bank of Pennsylvania. 689053
APRIL 13, 2018 25

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AMERISOURCEBERGEN AND TOLL BROTHERS 1776


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WITH CEOS AGAINST CANCER WITH EPISCOPAL COMMUNITY SERVICES


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AmerisourceBergen and Toll Brothers are both a part of CEOs Against Cancer, a Incubator and coworking company 1776 has partnered with Episcopal Community
partnership where executives work toward ending international suffering from Services’ workforce development program for the past two years. In particular it
s ine

cancer. The Pennsylvania Chapter of CEOs Against Cancer has 20 members has worked with RISE (Resources, Independence, Success, Employment), which
representing 1.7 million employees internationally, either directly through the aims to unite disenfranchised residents with prior involvement with the juvenile
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company CEO or through the representation of local managing partners. In 2017, the justice system, to work experiences that will lead to continued employment
group raised $3.4 million to fund the American Cancer Society’s programs. Also, the and financial mobility. 1776 has provided participants with internships and job
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group raised $572,000 that will fund two research grants selected by the members opportunities and allowed these workers flexibility for participants to work a
based on impact and long-term potential in cancer treatment and discovery. second job or complete a degree.
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CCS is honored to support the


Philadelphia Business Journal’s 2018 Faces of Philanthropy Awards!
For seven decades, CCS has empowered many of the region’s greatest organizations to advance some of the most important causes in
history. We plan, manage, and implement programs that achieve fundraising goals and mission impact.

2001 Market Street, Suite 2500 | Philadelphia, PA 19103 | (215) 567-6760 | ccsphiladelphia@ccsfundraising.com | ccsfundraising.com
26  PHILADELPHIA BUSINESS JOURNAL

OF PHILANTHROPY

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BERKSHIRE HATHAWAY HOMESERVICES


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CITIZENS BANK
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FOX & ROACH/TRIDENT GROUP WITH CITIZENS CHAMPIONS IN ACTION


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WITH CRADLES TO CRAYONS


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The Champions in Action program works with Citizens Bank to assist smaller,
lesser-known area nonprofits with budgets of less than $5 million by providing
Since 2006, BHHS Fox & Roach/Trident Group has been working with Cradles to
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vital resources to fulfill their missions. Each Champion — which are chosen
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Crayons, a nonprofit that provides Philadelphia-based low-income children with


through an RFP process based on the nonprofits impact on a designated social
essentials they need at home, at school and for play. Last year the partnership’s
concern — receives a $35,000 contribution in unrestricted funds from Citizens
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12th Annual Backpack Challenge brought in $79,000, a 13 percent increase from


Bank, public relations and promotional support and staff volunteer expertise.
the year before. It provided 5,345 low-income children with new backpacks – a 27
Since its inception the program has awarded 322 champions almost $9 million
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percent increase over the prior year. Additionally, staff has donated 342 volunteer
with the help of Citizens Bank and has named 44 champions locally with over
hours to the Cradles to Crayons warehouse, known as the Giving Factory.
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$1.2 million.
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CONGRATULATIONS to Jennifer Gutekunst and Nicole


Linehan of Evolve IP, Paul Kappel of Junior Achievement, and
the rest of the Faces of Philanthropy winners in Philadelphia!
APRIL 13, 2018 27

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CMI/COMPAS WITH LIGUORI ACADEMY EVOLVE IP WITH JUNIOR ACHIEVEMENT


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In 2016 Liguori Academy opened its doors for the first time as a private high Wayne-based cloud computing company Evolve IP has been involved with the
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school in the Kensington district of Philadelphia. Liqouri serves a diverse Junior Achievement program, a nonprofit encouraging young people to acquire
population, specifically looking to help those in underserved communities. business skills, since 2011. Overall it has raised and donated over $350,000, in
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CEO Stan Woodland of CMI/Compas was inspired to assist the school with its addition to employees making time to work as mentors with program attendees.
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mission. He challenged his employees to help sponsor 50 kids’ education in Just last year, Evolve IP volunteers aided 110 students with 1,012 instructional
the 2017-18 school year, which averaged out to $600 per child, and Woodland hours. Evolve IP’s efforts include the JA Company Program, a six-month initiative
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would match every dollar. After successfully reaching the goal, 12 children are where high school students from across the region meet once a week at Evolve
getting a Liguori education this school year. Additionally, the CMI/Compas staff IP’s offices and start a business from scratch.
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painted walls, made repairs and volunteered to work with students one on one.
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Berkshire Hathaway HomeServices


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Fox & Roach, REALTORS® & the Trident Group


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Proud to be a Recipient of the


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2018 Faces of Philanthropy Award


With Cradles to Crayons

A member of the franchise system of BHH Affiliates, LLC


28  PHILADELPHIA BUSINESS JOURNAL

OF PHILANTHROPY

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FS INVESTMENTS WITH ACHIEVEABILITY INDEPENDENCE BLUE CROSS WITH JUSTICE CENTER


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FS Investments, an alternative investment management company based in


FOR RESEARCH, PENN STATE UNIVERSITY
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Philadelphia’s Navy Yard, has teamed up with ACHIEVEability, a nonprofit that


Major health sources predict the opioid crisis could kill more than half-a-million
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focuses on creating housing opportunities to help stabilize families in poverty.


The nonprofit wanted help rebranding and improving its web presence, so FS Americans in the next 10 years. With the sixth highest rate of overdoses in the
nation, Pennsylvania is not immune. In 2016, the Independence Blue Cross
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set out to help it create a new website. Among those who brought their skills
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to the project were FS Investments’ vice president of design, its design director, Foundation began its STOP (Supporting Treatment and Overdose Prevention)
senior graphic designer, video producer, junior interactive designer, production & initiative with partner Penn State Justice Center for Research. The program
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presentation specialist, print production and fulfillment manager, and assistant involves a multimedia public awareness campaign to address the stigma of
designer. FS estimates that this pro bono contribution is worth more than addiction. The campaign is designed to humanize the epidemic by sharing the real
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$125,000. stories of people of all backgrounds who have struggled with addiction.
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United, We tUrn Committed Partners


into CommUnity Game-ChanGers

United Way is proud to be recognized alongside PNC and all of the 2018 Faces of Philanthropy
honorees. Thank you to all of our corporate and nonprofit partners for joining us in the fight
to end poverty in our region.

Join Us at UnitedForimPaCt.orG | FolloW Us @PhillysJUnited


APRIL 13, 2018 29

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KPMG WITH FIRST BOOK AND THE PEOPLE’S PECO WITH PHILADELPHIA ZOO
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EMERGENCY CENTER The Philadelphia Zoo’s Browse Program initiated last summer, provides animals
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with 200 to 300 pounds of plant-based food weekly. The partnership with energy
The professional services firm KPMG embarked on its Family for Literacy program
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company PECO is named after ‘browse,’ which refers to the leaves, twigs, and
in 2008 to combat illiteracy and offer new books for children in need. In addition branches of trees that PECO’s vegetation management group regularly trims from
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to working with local schools, in March 2017 KPMG partnered with First Book power lines. Under the partnership, PECO sends one pickup truck load, of what
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and the People’s Emergency Center to host a Mobile Book Fair for local educators. would have previously been turned into mulch, for the animals to include in their
A hundred teachers lined up at the center to choose from 10,000 free books to diet. The zoo houses 53 browse-eating animals of 40 different species ranging
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share with their students and three local TV crews covered the event in five TV from a five-ounce antelope squirrel to a 1,750-pound giraffe.
segments. In 2017 KPMG donated more than 16,000 books to Philadelphia’s
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children and educators.


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FS Investments is proud to
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congratulate its Marketing team and


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ACHIEVEability on being selected as
2018 Faces of Philanthropy honorees.

fsinvestments.com
30  PHILADELPHIA BUSINESS JOURNAL

OF PHILANTHROPY

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PHILADELPHIA EAGLES
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PNC BANK WITH UNITED WAY OF GREATER


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WITH CHILDREN’S HOSPITAL OF PHILADELPHIA PHILADELPHIA AND SOUTHERN NEW JERSEY


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The Eagles Charitable Foundation, founded by the Philadelphia Eagles, works PNC committed $500,000 over five years to expand United Way’s Success by 6
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with thousands of low-income adolescents with the hopes of improving health Program through its Group Up Great initiative which focuses on school readiness
outcomes. The foundation has focused on autism research and services. In 2017, for children. Entitled “Parents Lead, Children Read,” this customized initiative
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the ECF raised $323,000 through their Taking Flight for Autism event, a football-
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will ensure that eight child care centers in the city’s 22nd police district can
themed dinner. All proceeds from the event benefited autism programs at develop more parent involvement and learning activities during those critical
Children’s Hospital of Philadelphia. The foundation is hoping to donate $1 million
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early childhood years. The program is expected to reach 1,200 children and
per year through its newest fundraising event, the Eagles Autism Challenge, train 1,200 parents to better engage in their child’s learning and development.
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which will take place on May 19 and feature cycling routes of 15, 30 and 50 miles, Additionally, 180 parents will complete a leadership and literacy training program
along with a 5K run/walk. to become community-based literacy champions.
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APRIL 13, 2018 31

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MAIN LINE ACCOUNTING NEW SPRING CAPITAL


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WITH PHILADELPHIA YOUTH BASKETBALL WITH THE GREENLIGHT FUND


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Main Line Accounting partnered with Philadelphia Youth Basketball by assisting NewSpring Capital has been a local investor in the GreenLight Fund, a nonprofit
its financial operations with donated accounting services like the creation of that teams up with communities and raises financial support to invest in
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annual budgets, financial reports, bookkeeping, invoice generation, and more. solutions for at-risk neighborhoods in Philadelphia. The partnership has allowed
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Philadelphia Youth Basketball is a youth development organization with a mission NewSpring to not only help out financially, but also be involved in the process
to create opportunities for young people to reach their potential as students, of selecting nonprofits with which GreenLight should work. Overall, the Fund
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athletes and positive leaders. The organization was also the recipient of a financial has served 6,450 individuals since it opened in 2013. By investing, the fund has
donation from Main Line Accounting, which helped the organization reach its raised $3.6 million and leveraged an additional $10 million through philanthropic
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end-of-the-year fundraising goals. efforts.


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CELEBRATING 25 YEARS
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YPTC.COM
215.525.3177 hello@yptc.com
32  PHILADELPHIA BUSINESS JOURNAL

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RESOURCE VANGUARD GROUP


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WITH REBUILDING TOGETHER PHILADELPHIA WITH CHILDREN’S HOSPITAL OF PHILADELPHIA


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One of Resource’s primary focuses is on real estate, making the asset


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The Children’s Hospital of Philadelphia has received four grants from Vanguard
management company a good fit for Rebuilding Together Philadelphia, a Group’s charitable initiative: Vanguard Strong Start for Kids Program. These grants
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nonprofit that revitalizes and transforms vulnerable, owner-occupied houses into total more than $3 million and go toward serving children of low socioeconomic
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safe and energy-efficient homes. Since half of Philadelphia’s homes were built status, with the hope of making systematic changes. To date, they’ve completed
prior to 1950 and 26 percent of the city’s population is in poverty, the organization two large scale skills-based projects for CHOP. As partners they are working
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has a large task. Since its founding in 1988, RTP has renovated 1,566 homes. With together to seek new innovative models and approaches to solve barriers facing
Resource’s help since 2007, the two have collaborated in the form of employee children and families within the region.
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volunteer hours and donations of almost $80,000.


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Powering partnerships.
At PECO, we strive to deliver the reliable energy service our customers deserve, while
encouraging conservation and environmental stewardship in the communities we serve.

That’s why PECO is proud to partner with The Philadelphia Zoo to support the Philadelphia
Zoo Browse Program, and to receive this honor from the Philadelphia Business Journal.

Thank you.

© PECO Energy Company, 2018

70-18-902383_PECO_Powers_Zoo_PBJ_10x6.25_4C_r1.indd 1 4/10/18 12:12 PM


APRIL 13, 2018 33

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phillyyouthbasketball
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Philadelphia Youth Basketball (PYB) applies the values of the game of basketball phillyyouthBB
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to enable young people—especially those from under-resourced communities—


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phillyyouthbasketball
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to develop their potential as students, athletes, and positive leaders.


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To learn more about PYB's programming or to support our mission, visit our website: www.phillyyouthbasketball.org
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Thank you Main Line Accounting for continually supporting PYB and for sponsoring this advertisement. #IAmPYB
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Brand your firm


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& introduce your


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On April 27, the Philadelphia Business Journal will offer


local law and accounting firms the unique opportunity
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new partners to the to promote your new partners in our Law & Accounting
Special Report.
Greater Philadelphia Write a brief profile about each partner with a photo as
well as promote your firm to our large audience of over
business community! 55,000 business leaders.

Issue Date:
April 27

Space Reservation
Deadline:
April 18
Don’t miss this unique opportunity!
Contact Alex Cornelius at 215-238-5123 or acornelius@bizjournals.com today.
34  PHILADELPHIA BUSINESS JOURNAL

OF PHILANTHROPY

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WELLS FARGO
WITH NATIONAL ADOPTION CENTER
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WHITE AND WILLIAMS


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With a mission of expanding adoption opportunities for children living in foster


WITH ADOPT A SCHOOL INITIATIVE
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care, the National Adoption Center has allied with Wells Fargo on raising funds
to provide the nonprofit the ability to sustain an outreach program to the LGBT The law firm White and Williams’ Adopt a School initiative has assisted more than
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community. The advisory committee of leaders formed from this support has led to 1,400 students. Those schools which are “adopted” by the firm serve economically
campaigns raising awareness about the LGBT community’s ability to adopt children disadvantaged students. The firm not only provides financial contributions but
s ine

and training staff agencies how to be inclusive in their selection of prospective personal visits from staff for reading and career days to give students access
adoptive parents. For the past three years, Wells Fargo convened meetings at the to unique professional exposure. Over $10,000 have been donated towards
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Wells Fargo Museum in Center City where guests heard presentations from LGBT purchasing books for classroom libraries. Additionally, the firm holds an annual
adoptive parents, the children they adopted and professionals in the field. Overall, fundraiser to purchase cold weather clothes and holidays gifts for students in
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the center has created families for more than 3,000 children in the region. need.
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JOIN US
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May 3, 2018
No

1700 Market Street, Philadelphia, PA 19103


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COCKTAIL RECEPTION Attn: Corporate Citizenship


Deloitte.com
from 6pm to 9 pm
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Alyssa Cherkin, Corporate Citizenship Leader


at MERION GOLF CLUB acherkin@deloitte.com
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in ARDMORE, PA
A classroom full of young adults is never just that - at Deloitte, we see a room full of CEOs, doctors,
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public servants and teachers to name a few. Through our focus on education, Deloitte is working to
help students unleash their full potential by building confidence, inspiring leadership, fostering trust
A benefit in support of children and
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For sponsorships, tickets and taking steps to build brighter futures.


and to register for families impacted by trauma
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the silent auction visit: That is the foundation of Deloitte Academy, our signature mentoring program that pairs Deloitte
www.bit.ly/ArtWorks2018 professionals with students throughout their high-school years. Since 2015, we have worked with
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Building 21, a School District of Philadelphia high school. Our students will graduate in June, ready
to pursue their personal post-secondary path in college or go directly into careers. At this critical
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time in the students’ lives, the skills and relationships that have been built through Deloitte Academy
have become even more valuable. Deloitte is proud to be part of the Building 21 community as it
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celebrates its inaugural graduating class.

GET OUR NEWS


TheVillage provides a diverse array of
innovative, healing programs, vital mental
health services, and unique creative arts

ALL DAY ON TWITTER.


therapies to help children overcome trauma.
Your support can help put children and families
in your community on a path to a better future.

@PHLBizJournal
452 South Roberts Road, Rosemont, PA 19010
APRIL 13, 2018 35

How small local charities raise really big money


BY BRYCE SANDERS 100 percent board participation — It’s campaign’s (higher) level.
easy to argue this should have been Gifts of appreciated securities — Many

Y
ou are involved with a local first. It wasn’t because it’s certainly people own stock long-term with a
charity or cultural organization. not the easiest. You must achieve 100 low-cost basis. If they ever sold some,
It’s your way of giving back. percent board participation before you the tax bill would be considerable.
You support the mission, ask others. Experienced donors want In most cases, appreciated securities
volunteering time and writing checks. to know the recipients of their largesse count at full value for the donor when
You might serve on the board. are reaching into their own pockets. given as a charitable contribution. The
You have money. We need money. This allows you to say: “We have already organization sells without incurring a
Therefore, you should give your money raised X percent of our goal through tax bill because they are a nonprofit.
to us. If your business career involves board member contributions.” This is attractive to certain investors.
sales and marketing, you realize Foundation or state grants — There are They will need professional advice.
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fundraising is much, much tougher. The easiest way to raise $1 million is plenty of wealthy individuals who give Pledging — You can get more money
Every few years, the words “capital to find one donor who will write a $1 money worldwide to good causes. The if you don’t expect it all at once. Many
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campaign” get used in a sentence. How million check. The second easiest is to GuideStar website is a good place to campaigns allow a person to make a
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do small charitable groups raise really find two donors who can each write start your research. The state and county commitment and pay it off over a three
big money? checks for $500,000. Don’t overlook often have funds too. You will need an year period. This allows donors to build
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Some background first. this possibility because you think it’s experienced grant writer to help you. the contribution into their budgeting
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Colleges and hospitals have entire unlikely. Your loyal $10,000 donor may This is money well spent. They will want going forward.
departments devoted to fundraising. also be writing checks to pay off their to know about board participation. Crowdfunding – It sounds good.
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That’s not you. Your group is a little, $500,000 pledge to the hospital. Snooping — Many nonprofits issue Sometimes it works, other times it
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local organization that does good work Challenge grant — You find a wealthy annual reports, often called Records doesn’t. It’s complicated. After natural
on a shoestring budget. donor who is supportive but wants of Philanthropy or Reports to the disasters, you’ve seen online or social
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Here’s one of the disadvantages of people to work for their money. They Community. They are likely available media appeals to help a specific family.
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local groups without a professional staff: offer a large amount, perhaps $500,000, online. They usually list donors, Most people want to help others. It
People with no sales or fundraising with the stipulation they don’t pay organized into giving levels. Look for might be a good fit for certain situations.
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experience think it’s easy to raise money. out a penny until another $500,000 is familiar names. Determine who in your
You just tell rich people about your collectively raised from other donors. organization knows some of these folks. One final strategy
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noble mission. They write checks. Matching gifts — Many organization Note: Look for warnings. If the fine print Major nonprofits usually have an area
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I’ve often thought this strategy is members work for major companies. says this data can’t be used by others, focused on planned giving. Being
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summed up in three points: They often have matching-gift programs. you must respect that rule. remembered in someone’s will doesn’t
RR You have money They usually have ceilings. (Perhaps Naming opportunities — People crave bring immediate money but can be a
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RR We need money matching an employee’s total gifts up to immortality. They want their name windfall down the road. The strategy is
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RR Therefore, you should give your mon- $5,000 annually.) Most programs match to live on. Hospitals and cultural to be remembered in many, many wills.
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ey to us 1:1. Some match at 2:1 or even 3:1. organizations often have a menu of Although you don’t wish anyone harm,
If your business career involves sales You scratch my back… — You have a opportunities. This might start as low as when someone eventually passes away,
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and marketing, you realize it’s much, friendly, deep-pocketed donor. It’s a named bricks in the courtyard or seats their charity benefits.
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much tougher. small world. The local deep-pocketed in a theater. At the other end are the
donors often know each other. Your building itself, wings and rooms. Some Bryce Sanders is president of Perceptive
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12 ways to raise big money person approaches a friend whose people will be motivated to donate more Business Solutions and has provided
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For simplicity’s sake, let’s assume organization is also conducting a capital if their name is displayed. training for the financial services
your charity has a project requiring $1 campaign. They offer to contribute Trading up — Presumably you are industry on high net worth client
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million dollars. (In reality the number is $10,000 to that cause if the person will treating your previous donors as VIPs. acquisition since 2001. He is the author
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probably far larger.) make a corresponding $10,000 gift The “stretch goal” might have gotten of "Captivating the Wealthy Investor."
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You’ve had a feasibility study done to your donor’s cause. Although this them to give more previously than they
to determine if the goal is achievable. sounds like a wash, your organization intended. Often, “the ceiling becomes
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You’ve printed up marketing material. has gained a fresh deep-pocketed donor the floor.” Their last gift level becomes
Where does the money come from? they can cultivate for the future. the starting point for determining this
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NewSpring is honored NewSpring partners with the


innovators, makers, and operators of
to be recognized alongside high-performing companies in
dynamic industries to catalyze new
GreenLight Fund Philadelphia,
and we applaud the
growth and seize compelling
opportunities. We manage
approximately $1.7 billion across four
Resource is proud to support and sponsor
tremendous philanthropic impact distinct strategies covering the
spectrum from growth equity and
they have made in
the Philadelphia community!
control buyouts to mezzanine debt.

Faces of Philanthropy

New Ideas. New Capital. New Opportunties. Visit us at newspringcapital.com www.ResourceAlts.com


36  PHILADELPHIA BUSINESS JOURNAL

PAID ADVERTISING

PEOPLE ON THE MOVE IN GREATER PHILADELPHIA


EDUCATION ENGINEERING LEGAL SERVICES LEGAL SERVICES
New Hire New Hire New Hire New Hire

Toni Graves Matthew Sara David


Williamson Krebs Crovitz Grim
Director of Equity BIM Manager Partner Partner
and Inclusion The Rock Brook Stradley Ronon Stradley Ronon
Friends Select School Consulting Group
Crovitz was most Grim was most
Friends Select School The Rock Brook recently Deputy Chief recently Director of
has appointed Toni Consulting Group Counsel and Associate the U.S. Securities and
Graves Williamson as (Rock Brook), a multi- Director in the SEC’s Exchange Commission’s
the school’s first full time discipline engineering Division of Investment Division of Investment
Director of Equity and Inclusion effective
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design firm, welcomes Matthew Krebs Management. She has more than 20 years Management. He spent more than 20 years
August 1, 2018. “We want to deepen as BIM Manager. Mr. Krebs is working of experience at the SEC. In her most recent in public service at the SEC, joining the
programming focused on equity and inclusion at the firm’s Philadelphia office. Since position, Crovitz worked with a team of Division directly from law school and rising
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and catapult Friends Select into the national 2011, Mr. Krebs has been a Revit over 50 attorneys in issuing exemptive to become its leader. Grim is a recognized
conversation about candor and justice in our
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Certified Professional and brings more orders, no-action/interpretive letters, leader in the asset management industry,
country. Toni brings a tremendous amount than 10 years of experience developing, IM Guidance Updates and other written having developed a legacy of regulatory
of experience and has a proven track record implementing and streamlining the use
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and oral guidance, including guidance policy reforms and legal guidance that
of teaching cross cultural competency and of building information modeling (BIM) related to MiFID, clean shares and auditor shaped the Division and the industry it
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developing student leaders,” said Michael technology for the AEC industry. independence. regulates.
Gary, Head of School.
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HEALTH CARE MEDIA & MARKETING ENVIRONMENT EDUCATION


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Promotion New Hire New Hire New Hire

Charlene Scott Kevin Army


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Troncelliti Watson Rohrbach Major General


Vice President, Human Creative VP, Business Walter T. Lord
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Resources Fingerpaint Marketing Development President


JK Environmental Valley Forge Military
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Fresenius Medical Care Scott will oversee the


Academy and College
Charlene Troncelliti development of all Kevin Rohrbach has
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has been appointed creative campaigns in joined JK Environmental Army Major General
Vice President, Human our Conshohocken, as Vice President Walter T. Lord ‘84
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Resources, FKC East Pennsylvania office, Business Development. will serve as the new
President of Valley Forge Military Academy
-

Division that delivers dialysis services ensuring each initiative is tailored to a Mr. Rohrbach has over 15 years of
& College. A graduate of Valley Forge
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through multiple modalities bringing the specific audience, solves problems for experience in management, sales, marketing,
FKC Mission to life. As a key member of our clients, and meets or exceeds their and operations with environmental services Military College and a product of Valley
the leadership team, Charlene will develop expectations. companies. Mr. Rohrbach is responsible for Forge’s Army ROTC Early Commissioning
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and deliver the Human Capital agenda developing and executing the short term Program, Major General Lord has a
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focus on engagement, attraction and and long term strategy for growing the firm distinguished military career spanning 36
retention of talent. Charlene is an active through organic growth and acquisitions. years. He has served on the Reserve Forces
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member of Society of Human Resource Policy Board, Office of the Secretary of


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Management (SHRM), certified SPHR and Defense. He most recently served as a


ICF (International Coaching Federation). Special Assistant to the Vice Chief, National
Guard Bureau.
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OFFICE FURNITURE NONPROFIT INONPROFIT NONPROFIT


Promotion Board of Directors Board of Directors New Hire
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Charles Martha Carmen Juliet


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Zulli McGeary Snider Ferrigno Marsala


Vice President, Sales Board Member Board Member Vice President of
Operations Fairmount Park Fairmount Park Community Health and
Spectrum, Herman Conservancy Conservancy Long Term Supports
Miller Carmen Ferrigno JEVS Human Services
Martha McGeary
Spectrum, A certified Snider joins the Board brings high-level JEVS Human Services
Herman Miller dealer is of Fairmount Park communications is pleased to welcome
proud to announce the Conservancy with expertise to the Juliet Marsala as the
recent promotion of Charles Zulli to Vice extensive experience in the field of arts Board of Directors of Fairmount Park Vice President of Community Health and
President of Sales Operations. Mr. Zulli, & culture. At Guildford Group Consulting, Conservancy. At Saint-Gobain Corporation, Long Term Supports. In this role, Juliet
who has been with Spectrum since 2013, she provides business development and he is responsible for all aspects of external will direct JEVS’ service coordination and
previously served as Director of Operations, strategic relationship building for clients and internal corporate communications. nursing home transition work and lead
and brings over 20 years experience in the specializing in arts, cultural, media and Ferrigno also serves as executive director of efforts to grow these programs. Prior
industry. In this new position, Mr. Zulli will community relations. She served as Gov. the Saint-Gobain Corporation Foundation, to joining JEVS, Juliet was Director of
oversee strategic direction, and operational Rendell’s Policy Advisor on Arts and leading the company’s corporate social Community Support Services at Inglis.
and sales support for all of Spectrum’s Culture, working directly with the state’s responsibility initiatives in North America, Her supports coordination background
corporate accounts. In addition, he will Community and Economic Development including YouthBuild USA—a green building includes five years with Supports Your Way,
direct technology and logistics. Dept. to advance cultural, heritage and arts education and job training program for which she founded and managed until its
initiatives. young adults. acquisition.

TO SUBMIT YOUR INFORMATION: Contact Jason Garrison | jgarrison@bizjournals.com | www.pbj.com/potm


APRIL 13, 2018 37

PAID ADVERTISING

COMPANIES ON THE MOVE


IN GREATER PHILADELPHIA

STAFFING & RECRUITING PHARMACEUTICALS


Expansion New Product Offering

Hollister Staffing Cutanea Life Sciences Inc.


175 Strafford Ave. Suite One, # 201 Wayne, PA | 215-970-4528 | www.hollisterstaff.com/PA 1500 Liberty Ridge Dr., Wayne, PA | 484-588-2036 | www.cutanea.com
Hollister Technology, a division of Hollister Staffing, is happy to announce the opening Cutanea Life Sciences, Inc. has acquired the exclusive U.S. commercialization rights for
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of its newest branch location in Philadelphia, PA. Originally headquartered in Boston, Xepi™ (ozenoxacin) Cream, 1% from Medimetriks Pharmaceuticals, Inc. Xepi™ is licensed
Hollister Staffing is a certified woman-owned staffing firm of 30 years, serving clients from Spanish drug maker FERRER INTERNACIONAL, S.A., developer of the patented
across the United States. Hollister’s Philadelphia team will continue the company’s topical impetigo treatment, recently approved for use in the U.S. by the Food and Drug
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mission of connecting great people and great opportunities, with an emphasis on placing Administration. Lawrence F. Eichenfield, M.D., a world-renowned Professor of Dermatology
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high-level tech talent with companies in the greater Philadelphia and tri-state area. and Pediatrics at Rady Children’s Hospital in San Diego and the University of California
Lifelong resident and local PA Business Development Manager Jerry Paldino says, “For San Diego said, “The introduction of Xepi™, as a new drug to combat impetigo, will be a
me, it’s all about making one genuine relationship at a time.” Paldino is a staffing industry welcomed addition given concerns about increasing bacterial resistance rates.” Xepi™
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veteran of 15 years, with a focus in tech staffing for the last 5+ years. “I feel strongly represents the first non-fluorinated topical quinolone indicated for the treatment of
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about the culture and values of Hollister, which are different from anything else out impetigo due to Staphalococcus aureus or Streptococcus pyogenes in adult and pediatric
here. I’m really excited about bringing this style of business to Philly.” Contact Hollister patients 2 months of age or older. Xepi™ is applied topically twice daily for 5 days.
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Technology today!
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INVESTMENT BANKING REAL ESTATE


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Award Winner Expansion


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Curran Investment Management Rittenhouse Realty Advisors LLC


30 South Pearl St., Albany, NY | 518-391-4200 | www.curranllc.com 107 S. 2nd St. 4th Floor, Philadelphia, PA | 215-454-2852 | www.rittenhouserealty.com/
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Curran Investment Management (CIM) has been recognized nationally for investment Rittenhouse Realty Advisors, a commercial real estate brokerage specializing in multi-
-

performance. CIM is a finalist in the 12th Annual Emerging Manager Awards for its Mid family investment sales, founded by Ken Wellar and Corey Lonberger in 2013, is
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Cap investment strategy. The winner will be announced in the April issue of Emerging pleased to announce its new retail division. The new company, led by top producing
Manager Monthly. The winning firm will be chosen by a panel of industry experts who industry veteran Larry Steinberg, will focus on retail real estate throughout the city of
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remain anonymous during the deliberation process. Philadelphia. Ken Wellar stated: “We’re very excited for RRA to enter the retail market,
and to partner with Larry, who is one of the best retail brokers in the city.” Corey
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CIM has also been awarded PSN Top Guns of the Decade designation for its Core Equity
Lonberger added: ““This is a big win for RRA. Larry has been a leader in the Philadelphia
strategy, as well as 4Q17 Top Guns two-star designation for Core Growth Equity, Mid
leasing market for 20+ years.” This is RRA’s third new venture since its founding. The
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Cap Equity, and Smid Cap by Informa Investment Solutions’ PSN manager database,
company opened a debt and equity component, Rittenhouse Capital Advisors, with
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North America’s longest running database of investment managers.


George Johnson in 2014, which sources financing for various types of commercial
properties, including office, retail and multi-family. RRA and RCA have closed $850
m

million in total consideration since their founding.


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INSURANCE STAFFING & RECRUITING


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Expansion New Company


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J. Byrne Insurance Agency Laborocity


5200 New Jersey Ave., Wildwood, NJ | 609-522-3406 | www.jbyrneagency.com 201 King Of Prussia Rd. Suite. 501, Radnor, PA | 844-452-2676 | www.laborocity.com/
J. Byrne Insurance Agency has proudly served the insurance needs of New Jersey, and Laborocity, formerly LaborOnDemand and GladlyDo, is a leading on-demand hiring platform
surrounding States, since 1946. We are an Independent agency with access to a number reinventing the way companies hire quality workers. Laborocity was built to help reduce
of top-rated insurance companies– which means choices for you! With over 70 years’ the headache and costs associated with hiring quality workers, or “Doers”, in Philadelphia,
experience, our knowledgeable agents can help you find the best value on auto, home, Boston, and New York areas. Laborocity solves businesses’ immediate hiring needs around
commercial, and more. Our goal is to assist you in all your insurance needs. We will help the clock with just a few clicks. Clients can access Laborocity’s on-demand service anytime
you manage and plan for all your potential risks. As professionals, we assess your needs from anywhere, allowing businesses and ‘Doers’ to connect and get hired in real-time.
and offer you a variety of insurance products to choose from. A family-owned and run
business for 73 years, J. Byrne offers an open-door policy to its clients at its five Cape
May County locations in Wildwood, Cape May, Lower Township, Cape May Court House,
Marmora and now Stone Harbor. They welcome you to call or stop in where you’ll be
greeted with a smile to discuss your insurance needs in a comfortable and welcoming
environment – including at your own home or office.

TO SUBMIT YOUR INFORMATION: Contact Jason Garrision | jgarrison@bizjournals.com | 215-238-5126 | www.pbj.com/cotm


38  PHILADELPHIA BUSINESS JOURNAL

LEADS
Information to build your business

case #2018-03224-LN, tennis racket sports services. 7126 Germantown Ave.,


R R  Bankruptcies 03/26/18. R ABOUT THIS SECTION Philadelphia 19119, manage
Therapeutic Empowerment
Solutions Corp., 401 E. real estate assets.
PHILADELPHIA PHILADELPHIA
Germaintown Pike, Lafayette CAE Distribution Inc., 1618
DIVISION Golden Crust Pizza Inc., CONTACT US SECTIONS Hill 19444, therapeutic S. Broad St., Philadelphia
Chapter 7 7155 Germantown Ave., Business Leads is a weekly compendium Bankruptcies............................... 38
services. 19145, medical sales or
Philadelphia 19119, distribution.
Allen Sales and Service Ltd., $11,328, (revenue), case of information taken from government Steadfast Pen LLC, 4355
589 Bethlehem Pike #800, #18-0300005, 03/05/18. records available mainly from public Business firm registrations......... 38 E. Campbell Rd., Pennsburg Hassani Couriers LLC, 7027
18073, writing or publishing Charles St., Philadelphia
Montgomeryville 18963; sources and documents in the cities,
Assets, $1,629; Debts,
Hari Om Investments Business name registrations...... 38 services. 19135, messaging service.
LLC, 2448 Island Ave., counties and states that make up
$261,006; Major Creditor, PHILADELPHIA Laugh & Learn Academy,
American Express, $65,000;
Philadelphia 19153,
metropolitan Philadelphia. Information is Court judgments........................ 39 3413 Osmond St.,
$21,066, (revenue), case Our Family (LL) LLC, 3850
Attorney, Joseph L. Quinn; Philadelphia 19129,
case #18-12130, 03/29/18.
#18-0300006, 03/05/18. compiled by American City Business Leads, Federal tax liens.......................... 38 Coral St., Philadelphia 19124, nonclassifiable.
Haneef Sakin Nelson, 1501
Novella Belle LLC, 1618 S. 877-593-4157. High-end homes......................... 40
auto care or transportation.
Childish Era, 1324 Gilham
Columbus Blvd., Philadelphia On Auto Sales Inc., 801 Arch
S. 5th St., Philadelphia 19148, $14,402, (revenue), St., Philadelphia 19111,
19147; Assets, $500,001 to Lawsuits filed.............................. 39 St., Philadelphia 19107, auto online children’s clothing
case #18-0300057,
$1,000,000; Debts, $0 to 03/05/18. EMAIL EDITION sales or leasing. boutique.
$50,000; Attorney, pro se;
Imli Indian Kitchen LLC, 521 This information (plus phone numbers) is Mechanics liens.......................... 38 Adley Automotive Group Peerless Pest Solutions Inc.,
case #18-12223, 04/02/18. LLC, 4800 Germantown Ave.,
Catharine St., Philadelphia available via e-mail subscription. Please call New corporations....................... 38 Philadelphia 19144, auto
6150 Market St., Philadelphia
CAMDEN DIVISION 19147, $37,189, (revenue), 19139, pest control service
877-593-4157 for average counts and cost
Am

sales or repair. or supplies.


case #18-0300063, Real estate transactions............. 39
Chapter 11
03/05/18. information. First Class Automotive M.F. Kaplan Produce, 4165
LLC, 1219 Devereaux Ave.,
Terne’ Properties LLC, 580 Elegant Furniture Design Release of federal tax liens........ 38 Apalogen Rd., Philadelphia
er

W. Leeds Ave., Pleasantville Philadelphia 19111, auto 19129, purveyor of fine fruits
Inc., 6053 Woodland
08232; Assets, $500,001 Ave., Philadelphia 19142, ONLINE EDITION State tax liens............................. 38 services. or vegetables.
ica

to $1,000,000; Debts, $13,619, (revenue), case This information is available online Hong’s Management LLC, Mt. Maisan LLC, 717 N. 40th
$1,000,001 to $10,000,000; #18-0300064, 03/05/18. 1025 Alpena Rd., Philadelphia
Attorney, Mark S. Haltzman; for subscribers under the “Subscriber 19115, business management
St., Philadelphia 19104, real
estate.
Content” section at www.pbj.com.
n

case #18-16698, 04/04/18. services.


Nov18 LLC, 107 S. 2nd St.,
RR   Releases Doc’s Rock the Block Car Philadelphia 19106, real
Ci

R R  Federal of Federal Show LLC, 240 Geiger Rd., estate.


Philadelphia 19115, car show.
Tax Liens Tax Liens Raff Holdings LLC, 107 S.
ty

Uncle Musa Tire Shop Inc., 2nd St., Philadelphia 19106,


Victor Ave., Cherry Hill CHESTER COUNTY Gerson Health Information 3240 S. 61st St., Philadelphia
PHILADELPHIA 08002, gutter cleaning or R R  New Services LLC, 805 Fraser 19153, car tires repair.
real estate.
Bu

PHILADELPHIA Boswell and Co. LLC, 434


John and Rose Haydon, construction. Corporations Gateswood Dr., W. Chester Rd., Erdenheim 19038,
Amelia’s Catering LLC, 7263
Rosenberg 18 LLC, 107 S.
George Johnson, health information consulting 2nd St., Philadelphia 19106,
1000 Mannington Dr., 3200 Lebanon Rd., Maud, Ky. Soapenstein’s Bath Lab, 918 19380, app development co. Pitville Ave., Philadelphia
services. real estate.
s

Williamstown, N.J. 08094, 40069, $302,760, case #13- E. Clements Bridge Rd. #F12, BUCKS COUNTY 19126, catering private or
Flat World Technology,
ine

$71,836, case #18-0320001, 0120062, 03/06/18. Runnemede 08078, health or Square 2 IP LLC, 555 E. public events. 3 North 2nd Street LLC, 3 N.
ANZ Garments USA Inc., 3259 Blackberry Ln.,
03/09/18. Bianca Kendrick, 1929 beauty or soap. North Ln., Conshohocken 2nd St., Philadelphia 19106,
2500 Knights Rd., Bensalem Malvern 19355, computer Merciful LLC, 2417 Welsh
Colonial St., Philadelphia 19428, holding co. real estate.
Refugia Ltd., 377 Hermitge Growth Services, 16 Turn 19020, apparel. programming services. Rd., Philadelphia 19126,
ss

St., Philadelphia 19128, 19138, $52,761, case #14- About Ln., Sicklerville 08081, MAB Contracting LLC, cleaning service. Lucky Race Street
Menard Premium Detailing Dineen McDevitt
$33,687, case #18-0320002, 1220006, 03/06/18. janitorial. 479 Sylvania Ave., Glenside Realty LLC, 927 Arch St.,
LLC, 72 Steam Whistle Dr., Management LLC, 108 Xposure Consignment
03/12/18. Jani Icon Inc., 6239 D.E.M. Cleaning Solutions, 19038, home remodeling. Philadelphia 19107, real
Warminster 18974, auto Columbia Dr., Coatesville Boutique LLC, 8003 Gilbert
Jo

Shelbourne St., Philadelphia 511 E. Gibbsboro Rd. #3013, estate.


John Wei/Jian He, 311 N. detailing. 19320, consulting. Sun Industrial Service, 219 St., Philadelphia 19150,
11th St. 1st Fl., Philadelphia 19111, $23,165, case #15- Lindenwold 08021, janitorial Musket Cir., Lansdale 19446, consignment of new or gently Chestnut Property Group
JJDK Enterprises Inc., Pace Fitness Inc., 329
0620073, 03/06/18. or subcontractor. worn clothing or shoes or LLC, 9120 Germantown Ave.,
ur

19107, $508,738, case #18- Horseshoe Ln., Downingtown importing metal products.
241 Cliveden Dr., Newtown accessories. Philadelphia 19118, real
0320004, 03/12/18. Vanessa Hernandez, 1946 Chavallo, 724 Cooper Landing 18940, bakery franchise. 19335, fitness consulting. Fowler’s Itemization of
estate.
na

Tony and Meiqing Ren, 917 N. 4th St., Philadelphia Rd., Cherry Hilll 08002, online Revenue & Expenses LLC, JS Housing Consults
The Sports Shop, 1217 Landes Lifecycle
Arch St. #102, Philadelphia 19122, $88,068, case #16- sales. 1150 1st Ave., King Of LLC, 435 Glen Echo Rd., We Buy Houses PHL
Shetland Ct., Yardley 19067, Ceremonies LLC, 1490
19107, $135,018, case #18- 0320035, 03/06/18. Prussia 19406, info report Philadelphia 19119, LLC, 2814 W. Stiles St.,
Rhyme and Reason Books, Spackman Ln., Exton 19341,
ls

buying selling or repairing organizing. consulting. Philadelphia 19121, real


0320006, 03/12/18. At Home Health Inc., 461 20 Kings Hwy., Haddon firearms. humanist celebrant services.
N. 3rd St. Fl. 5, Philadelphia Heights 08035, sale of vintage Igniting the Flame estate.
Elmer H. Willey Jr., 3903 Devi Solutions Inc., 12 International Family
-

19123, $22,082, case #17- children’s books. Method Financial Planning Market, 510 Brookrun LLC, 4929 Pulaski Ave., 4233 Chestnut Street CRCP
Ridge Ave. #A, Philadelphia LLC, 5039 Swamp Rd. Lindenwood Dr., Exton
0620065, 03/06/18. Philadelphia 19144, LLC, 1506 Cambridge St.,
No

19132, $185,918, case #18- Beanhead Media, 718 19341, it consulting services. Terr., Gilbertsville 19525,
#402, Fountainville 18923, international trading. consulting or coaching or Philadelphia 19130, real
0320010, 03/12/18. Society Hill Blvd., Cherry Hill financial planning. Bionutrix RX LLC, 1517 training services or products estate.
08003, sales or consulting. RRR&M LLC, 500 Stratford
CAMDEN COUNTY RR   Mechanics’ Langhorne Pizzeria LLC, Elk Run Rd., Downingtown for individuals or small
tf

Artisans Commerce Co., 33 19335, nutritional counseling Ct., Lansdale 19446, internet 4233 Chestnut Street
businesses or corpo.
Children Opportunity Center Liens E. Cuthbert Blvd., Haddon
2029 E. Lincoln Hwy.,
Langhorne 19047, food sales. or support to those using retail. LLC, 1506 Cambridge St.,
or

Inc., 228 Kings Hwy. E. #2, Township 08108, selling genetic data. Ma’At Law Firm, 315 S. Philadelphia 19130, real
Chiroencorps LLC, 220 Broad St. #0128, Philadelphia
Haddonfield 08033, $23,184, Pradishi Inc., 519 Deborah estate.
(1120/940/941), Book/Page PHILADELPHIA handcrafted goods.
Ct., Warrington 18976, J&L SIC Properties LLC, 462 Springhouse Ln., Merion 19107, credit restoration.
Station 19066, management Emanuel & Associates
c

10847/1507, 03/23/18. Plaintiff: Thomas P. Carney Siempre Spanish, 152 franchise food business. Hallman Ct., Downingtown
19335, property services. C3 Properties LLC, 2710 Realty Group LLC, 4700 City
Princeton Ave., Bellmawr
om

Baerun Spine Clinic Inc., Inc., Defendant: 1100 Market S. Marvine St., Philadelphia Ave., Philadelphia 19131,
08031, video or audio or Rocko Contracting, 99 management. ERB Management LLC, 20
613 Cobble Creek Cir., Cherry Street LP/1199 Ludlow Street 19148, develop or sell real estate.
educational. Andrea Dr., Richboro 18954,
LP, $1,046,459, case #18- Jawa LLC, 408 Allegiance Sunnybrook Rd., Pottstown properties for residential or
Hill 08003, $12,590, (941), home improvement. Zander Real Estate
03M0001, 03/06/18. Dr., W. Chester 19382, real 19464, management
m

Book/Page 10847/1506, commercial use.


Sensory Zones LLC, 94 estate. services. Development LLC, 2455 W.
03/23/18. Plaintiff: Tri-County
RR  Business Richboro Rd., Newtown Wizwitink LLC, 3232 Penrose Harold St. #A, Philadelphia
er

Accu Personnel Inc., 911 Electrical Supply Inc., Marsh Creek Sales LLC, 308 Lisearch LLC, 25 Wiltshire Ferry Rd., Philadelphia
18940, ip holding co. 19132, real estate.
Kings Hwy. N., Cherry Hill Defendant: Walnut Estates Name Deerhaven Way, Glenmoore Rd., Wynnewood 19096, 19145, direct to garment
McCann Clan LLC, 481 marketing research services. KLT Investments LLC,
LLC, $18,755, case #18- Registrations
cia

08034, $54,359, (941/CIVP), 19343, selling building or printing.


03M0005, 03/09/18. Cooper Dr., Warminster water-proofing products. 1326 W. Hunting Park Ave.,
Book/Page 10847/1508, Galipilates LLC, 822 Black Luther Dime LLC, 530 S.
18974, landscaping. Philadelphia 19140, real
03/23/18. Plaintiff: PC Richard & Wolf Sales Group LLC, 8 Angus Ln., Huntingdon Valley 56 St., Philadelphia 19143,
BURLINGTON estate.
lu

Son Long Island Corp., RGI Management LLC, Red Maple Dr., Downingtown 19006, pilates instruction. e-commerce.
Platinum Hair Design LLC/
Defendant: Brandywine Cira COUNTY 520 Pennsylvania Ave., First Impression Transport
Diane Mulholland, 1334 19335, sports apparel sales. 3Click Inc., 115 Harvest
Walnut I LP, $62,992, case Morales Carpentry, 126 Ft. Washington 19034, Electric Geeks, 5529 Enterprise LLC, 1346 S. 28th
Brace Rd., Cherry Hill 08034,
se

Inokyo LLC, 606 Sylvania Cir., Bala Cynwyd 19004, Beaumont Ave., Philadelphia St., Philadelphia 19146, real
$14,132, (941), Book/Page #18-03M0006, 03/09/18. Plum St., Browns Mills 08015, managing franchised
Rd., Exton 19341, tenant promotional marketing co. 19143, electrical contracting. estate.
10847/1511, 03/23/18. carpentry. restaurants.
online platform. Industrial Asset
K9 Design Mobile Grooming, MBA Hatboro, 1043 W. CQI Enterprises Inc., 2220 Turning Keys & Opening
Instyle Nails 1 LLC, 2 Carlton RR  Business 3 Princeton Dr., Shamong County Line Rd., Hatboro One Stop Coder, 434 Management LLC, 921 Cross Madison Sq., Philadelphia Doors LLC, P.O. Box 16834,
Rd., Cherry Hill 08034, Gateswood Dr., W. Chester Rd., Schwenksville 19473,
$30,802, (944), Book/Page Firm 08088, dog grooming. 19040, mattress retailer.
19380, website or software property management.
19146, express employment Philadelphia 19153, real
pros franchise. estate.
10847/1588, 03/23/18. Registrations Toyland Farms, 610 Noodle House LLC, 539 E. development. WRD 136 Coulter LLC, 123
Juliustown-George Rd., Winchester Ave., Levittown The Black Market for Hair, 2104 N. Percy Street LLC,
Coulter Ave. #200, Ardmore 6328 Regent St., Philadelphia
Jobstown 08041, farming- 19056, mortgage brokerage. MONTGOMERY 19003, real estate.
507-509 W. Girard Ave.,
R R  State CAMDEN COUNTY grain or hay or straw or corn COUNTY 19142, hair products or Philadelphia 19123, real
Mahoganypearlfinds, 3416 braiding.
or soybeans. JBG Member Inc., 975 estate development.
Tax Liens Diversified Vehicle Hilltop Ave., Bristol 19007, Trellis Support Services Lafayette Rd., Bryn Mawr
Services, 221 Oak Ave., Cadence Financial Services, online or trade show sales LLC, One Tower Bridge, Stevenson’s General Lemko Camp Leisure
Blackwood 08012, 19010, real estate. Contracting LLC, 437 N. LLC, 1144 Magee Ave.,
10 Lake Center Executive of jewelry or handcrafts or Conshohocken 19428,
CHESTER COUNTY automotive or trailer service. Park #100, Marlton 08053, knickknacks. behavioral support services. Port Richmond Realty Wilton St., Philadelphia Philadelphia 19111, real
John Montgomery/Neuro Hog Day Afternoon BBQ, financial service. LLC, 1585 The Fairway, 19139, handyman service. estate holding.
Spinythorn Photography, Kanin Catering LLC, 549
Medic LLC, 214 Woodward 13 Station Ave., Somerdale Jenkintown 19046, real Quality Transitions LLC, 339 Yasir Gainey LLC, 24 N. 50th
Diamond Pro II, 453 St. 44 Spinythorn Rd., Levittown Highland Ave., Jenkintown
Dr., Exton 19341, $14,665, 08083, catering. estate. E. Rockland St., Philadelphia St., Philadelphia 19139, real
Mary St., Burlington 08016, 19056, photography. 19046, catering.
(revenue), case #2018- landscape or janitorial or snow RHS Properties & 19120, holding co. estate investing.
Dietra’s Catering & Crooke’s Iba, 3571 Farm SG Marble & Granite Inc.,
03204-LN, 03/26/18. removal. Construction LLC,
Confection Co., 250 Division School Rd., Ottsville 18942, 209 Holstein St., Bridgeport Kismet Cowork LLC, 12 A7 Holdings Co., 5235
Reilly Remodeling Ave., Weast Berlin 08091, 403 Spring Mill Ave., W. Willow Grove Ave., Reinhard St., Philadelphia
Premier Office Designs, purchase or sell dairy supplies 19405, construction services.
LLC, 1504 Dianne Cir., catering or baked goods. Conshohocken 19428, real Philadelphia 19118, 19143, real estate investment
3111 Rte. 38 #11-287, Mt. to farmers.
Downingtown 19335, Cost Leakage Consultants estate. intellectual property holding
Interguest K9 for Southern Laurel 08054, office design. Happy Homes by Coulbourn co.
$25,670, (revenue), LLC, 300 Conshohocken or management.
New Jersey, 13 Station LLC, 217 Magnolia Dr., Eddie Isaac Realty LLC, Jila Construction Inc.,
case #2018-03213-LN, Real Estate Ready, 106 Holly SR, W. Conshocken 19428,
Ave., Somerdale 08083, Churchville 18966, real 100 Cathedral Dr., N. Wales Law Offices of Jason E. 828 Red Lion Rd. #E5,
03/26/18. Dr., Shamong 08088, real consulting.
contraband location services. estate repairs. estate. 19454, real estate. Parris LLC, 100 S. Broad St., Philadelphia 19115,
Inter Media Marketing Inc., Trash Talker Shop, 3024 Philadelphia 19110, law firm.
Reliant Ops, 926 From Me 2 U Cleaning, The Medical Center at Frank & Joe LLC, 17 W. remodeling.
204 Carter Dr., W. Chester Bainbridge Dr., Lansdale
Haddonfield Rd., Cherry Hill 3931A W. Scott St., Maguire Woods, 40 Martin Gross Dr., Butler Pike, Ambler 19002, 809Lux LLC, 3016 Fanshawe Tang’s Halal Chinese
19382, $115,371, (revenue), 19446, custom apparel or
08002, financial services. AFB 08641, residential Langhorne 19047, services restaurant. St., Philadelphia 19149, Restaurant Inc., 2223 Ridge
case #2018-03223-LN, accessories.
03/26/18. Romond Garage Door, 417 cleaning or window cleaning for the disabled. Muslim Girl Majic LLC, 916 limousine driver. Ave., Philadelphia 19121,
Vesper Capital Management
W. 3rd Ave., Runnemede or commercial cleaning. Penn General Distribution Longview Rd., King Of Prussia SAAB Express LLC, 9128 Old restaurant.
Turner Investments LLC, LLC, 404 Shipwrighter Way,
1000 Chesterbrook Blvd. 08078, garage door sales or Persona, 3001 Rte. 130 LLC, 363 Wexley Dr., Lansdale 19446, exchange 19406, subscription box. Newtown Rd., Philadelphia Butterfly Kisses, 248 Linton
#135, Berwyn 19312, service. #36K, Delran 08075, Newtown 18940, wholesale traded fund creator or Kinetix Tennis LLC, 951 N. 19115, long haul trucking. St., Philadelphia 19120,
$48,109, (revenue), Ambuck Services, 205 software. distribution of hardware. provider. Park Ave., Norristown 19403, Wisdom Holdings LLC, retail.
APRIL 13, 2018 39

LEADS
Rodriguez Mini Market ID 35-00-04833-21-7/35- Huntingdon Valley 19016; Presidential Blvd. #209, Bala WCIT West Canaan Darrell McQueen vs. John Gann vs. Marriott Environmental Systems
Inc., 700 W. Indiana Ave., 00-04833-29-8/35-00- 705 E. Passyunk Ave., Cynwyd, Pa. 19004; 620 Information Technology Allegheny Mini Market LLC, International Inc./ LLC, contracts, case #18-
Philadelphia 19133, retail 04833-30-7 (10 parcels), Philadelphia 19147, ID 87- Berlin Rd., Voorhees 08043, LLC vs. Hit the Sticks $25,000, plaintiff, case #17- Marriott Hotel Services 0203098, 03/01/18.
grocery store. $4,400,000. 1505030, $1,125,000. Block 147 Lot 3 Voorhees LLC, 1417 Hillside Rd., 0500854, 03/06/18. Inc./Baltimore Marriott Yousra Kayed vs. Ratner
Philip A. Vento to Joma 90 Rochelle Ave. Inc. to Township, $2,250,000. Wynnewood 19096, Waterfront/Dance Jam Companies LLC/Creative
Philly-PA Perfumes Spot Best Choice Plumbing LLC
Properties LLC, 2828 CSW Rochelle Associates $57,815, plaintiff, case Productions Inc., premises Hairdressers Inc., personal
LLC, 3399 Aramingo Ave., Church Road Associates vs. General Carpentry LLC,
Breckenridge Blvd., LP, 1300 Virginia Dr., Ft. #2017-09077, 03/28/18. liability/slip/fall, case #18-
Philadelphia 19134, retail LLC to American Heritage $74,853, plaintiff, case #17- injury, case #18-0203101,
perfumes. Norristown 19403; 1022 Washington 19034; 90 Federal Credit Union, 2060 0203066, 03/01/18. 03/01/18.
PHILADELPHIA 1000333, 03/06/18.
W. Germantown Pike, Rochelle Ave., Philadelphia Red Lion Rd., Philadelphia, Timothy Moses vs.
Constance Marie 3D Crystal Angel Tolentino vs. Liberty Fast Cash Inc. vs. Nunez Michael and Toyann Curro
Norristown 19403, East 19128, ID 88-3-6311-00, Pa. 19115; 826 Church Rd., McDonald’s Corp./
Memories LLC, 7103 Gas Station, $25,000, Medina Store LLC, $10,279, vs. Comcast Corp./Liberty
Norriton Township ID 33-00- $650,000. Cherry Hill 08002, Block McDonald’s of Hawaii
Woodland Ave., Philadelphia plaintiff, case #17-1000745, plaintiff, case #18-0104789, Property Trust/Liberty
02914-00-5, $1,050,000. Lily Fletcher LLC to 207.01 Lots 16/17/18 Cherry Development Co./ Property LP/Enclos Corp./
19142, retail sales of cd 03/01/18. 03/06/18.
Europa Properties LLC/ Excalibur Bronze Sculpture Hill Township, $1,450,000. Micale Management LF Driscoll Co. LLC et al.,
novelties.
Manus Murray/Barbara Foundry, 218 31st St., Pulini Inc. to 1120 Ferry Ave. Marlin Business Bank vs. Charles Williams vs. Aria Corp./Fairmount Park premises liability/slip/
Straight Up Services LLC, O’Connor to 101 East Butler Brooklyn, N.Y. 11232; 2208 Merchant’s Group Inc. Health System, $5,715,964, Conservancy et al., premises fall, case #18-0203102,
LLC, 2201 Mt. Ephraim Ave.,
901 N. 64th St., Philadelphia LLC, P.O. Box 883, Worcester E. Fletcher St., Philadelphia dba Paris Flea, $16,366, plaintiff, case #15-0800587, liability/slip/fall, case #18- 03/01/18.
Camden 08104; 1120 Ferry
19151, retirement investing. 19490; 101 E. Butler Ave., 19125, $550,000. plaintiff, case #17-1201446, 03/08/18. 0203071, 03/01/18.
Ave., Camden 08103, Block Sheila Jewett vs. Redken
Berati Transporter LLC, 806 Ambler 19002, Ambler 587 Lot 1 Qualifier T 01 City 03/02/18. Broadway Advance LLC vs. Barbara McKeller vs.
Jack L. Ray and Nancy L. 5th Avenue NYC LLC/
Larkspur St., Philadelphia Borough ID 01-00-00607- Ray to Mayer and Mogul of Camden, $1,019,500. Marlin Business Bank vs. Steam Sales and Service Brown’s Fox Street LLC/ Loreal USA Inc./Loreal
19116, transportation of 00-4, $675,000. LLC, 506 Bethlehem Pike, Albert’s Supply Co. Inc., Co., $10,584, plaintiff, case TKMG Associates LP/ USA Creative Inc./Loreal
Jai Ambe Mataji LLC to
goods. Oakcrest Properties LLC/ Ft. Washington 19034; Mallikarjun LLC, 2947 New $32,486, plaintiff, case #18- #18-0300688, 03/08/18. Shopcore Properties LP/US USA Products Inc./Loreal
Almostafa Travel Corp., Arlen R. Delp to Christopher 115 W. Chestnut Hill Ave., Brooklyn Erial Rd., Erial 0101068, 03/02/18. Realty Associates LP/Metro USA S/D Inc., personal
7220 Frankford Ave., Lane Realty LLC, 100 Philadelphia 19118, ID 08081; 2933/2947 New Marlin Business Bank Development Co./Wakefern injury, case #18-0203104,
Philadelphia 19135, travel Christopher Ln., Harleysville 092226510, $510,000. Brooklyn Erial Rd., Erial vs. Rcayli LLC, $17,254, R R  Lawsuits Food Corp., motor vehicle 03/01/18.
accident, case #18-0203072,
agency. 19438; Christopher Ln., McKean Place LLC to MRB 08081, Block 15302 Lots plaintiff, case #17-1201680, Filed 03/01/18. Jaime and Jeffrey Torres vs.
Harleysville 19438, Lot 13 Investment LLC, 2036 Poplar 36.01/36.02 Gloucester 03/05/18. Samuel Dejesus/Lancaster
Hair Loss KCN LLC, 717 S.
Lower Salford ID 50-00- St., Philadelphia 19130; 2012 Township, $600,000. Joseph and Clare Briscella
Am

Columbus Blvd., Philadelphia Marlin Business Bank vs. Oil Co., motor vehicle
00318-01-9, $510,000. S. 9th St., Philadelphia 19148, PHILADELPHIA vs. Interstate Hotels & accident, case #18-0203105,
19147, trichology (hair loss) Local 825 A B C & D Mega Wholesale aka MW
services. ID 88-2-9706-05, $510,000. International Union of Electronics Inc., $34,755, Darrylynne Rouse vs. Resorts Inc. et al., premises 03/01/18.
PHILADELPHIA liability/slip/fall, case #18-
Jennie Fay Pritzker to Operating Engineers to plaintiff, case #18-0102188, Parkside Apartments LP, Cynthia Nash vs. SSH Real
La Costa Express LLC, 923
er

TEVA Pharmaceuticals USA Kyram Properties LLC, 151 SunP Biotech LLC, 5 Todd Ct., 03/05/18. premises liability/slip/ 0203076, 03/01/18.
Disston St., Philadelphia Inc. to Relteva LLC, 1650 Estate/105 S. 12th Street
Longwood Ave., Brookline, Cherry Hill 08003; 5 Allison fall, case #18-0203047, Danielle Katz vs. Donald Partners LP et al., premises
19111, trucking. Esther Booth-Jones vs.
ica

Des Peres Rd., St. Louis, Mass. 02446; 2018-2032 Dr., Cherry Hill 08003, Block 02/28/18. Grant/Werner Enterprises,
Mo. 63131; One Red Lion Bayard I LP Bayard Group/ liability/slip/fall, case #18-
George Poulos Museum Walnut St., Philadelphia 437.01 Lot 22 Cherry Hill motor vehicle accident, case 0203111, 03/01/18.
Rd./10098 Sandmeyer Ln., Anna Kamstra, $97,347, Marc Fenster vs. Colon
Autos Inc., 2901 Vare Ave., 19103, ID 88-8-0833-82, Township, $400,000. #18-0203082, 03/01/18.
Philadelphia 19116, ID 88-4- plaintiff, case #18-0300179, Montanez/MPH Transport Tiffany Heyward vs.
n

Philadelphia 19145, used $505,000.


2376-45, $18,000,000. 03/05/18. Inc., motor vehicle accident, Daniel Yacobacci vs. Snow Michael Pace/Michael
car dealer.
CAMDEN COUNTY case #18-0203051, Management Co. Inc./
R R  Court Complete Business Opalack/Michael Opalack/
Ci

James Mayberry to L&M 02/28/18. Evergreen Companies


Solutions Group Inc. Jinxed/Jinxed dba Jinxed
R R  Commercial
Fishtwon Residences CHHRC LP to Sulzman Judgments vs. Magic Cellular Inc., Eugene Dele-Barnieh vs. Inc., premises liability/slip/ at the Piazza, motor vehicle
LLC, 3020 Richmond St.,
ty

Enterprises VII LLC, 52 Penn fall, case #18-0203085,


$10,934, plaintiff, case #18- Robert Witmer/Berrodin accident, case #18-0203140,
Real Estate Philadelphia 19134; 2035 Oaks Dr., W. Chester, Pa.
0300219, 03/05/18. South Inc., motor vehicle 03/01/18. 03/01/18.
E. Lehigh Ave., Philadelphia 19382; 1820 Old Cuthbert MONTGOMERY
Transactions
Bu

19125, ID 88-5816300, Rd., Cherry Hill 08034, Block COUNTY Conestoga Bank vs. accident, case #18-0203059, Joan Mangold vs. ASAFLP Solaris Power vs. Joe
$5,000,000. 463.01 Lots 13/15 Cherry Hill Tioga Investments LLC/ 02/28/18. Holdings LP/ASA Holdings Tucker/Joan Clarke/Tucker
Element Financial Corp.
MONTGOMERY Township, $3,640,000. Yip-Yan Wong, $250,887, James Dyer vs. B Braun LLC/Walgreens Eastern Co. Law Group LLC, malpractice-
Preston Street Properties vs. Blue Berries LLC, 40 N.
s

COUNTY plaintiff, case #13-0300381, Medical Inc./B Braun Inc./Walgreens Store #3764 legal, case #18-0203141,
LLC to 130 E. Lancaster LLC, David Dion/Ellis Segal Central Ave. #1400, Phoenix,
ine

Ariz. 85004, $81,644, 03/06/18. Interventional Systems Inc., et al., premises liability/slip/ 03/01/18.
Industry Road Industrial 45 E. City Ave., Bala Cynwyd Partnership to 1898 Realty
plaintiff, case #2016-14437, personal injury, case #18- fall, case #18-0203086,
Associates LP/Industry 19004; 531/533/535 Budd LLC, 94-15 100th St., Anthony Degliomini vs. Sheila Jones vs. Juan Wen/
03/26/18. 0203065, 02/28/18. 03/01/18.
Road Industrial Corp./ St., Philadelphia 19104, Ozone Park, N.Y. 11416; ESM Productions et al., New Good Brother, premises
ss

Roger D. Altemose et al. to ID 06-1-2047-40/06-1- 900 Black Horse Pike, Mt. Robert J. Storti vs. Fore $3,186,833, plaintiff, case Aigne White vs. Tioga Holly Hartbauer vs. Eric liability/slip/fall, case #18-
1500 Industry Road LLC, 2047-50/06-1-2047-60, Ephraim 08059, Block 6.12 Investment Groups LLC, 8 #16-0401601, 03/06/18. Garden Apartments LP/ Fox/Herc Rentals Inc., 0203158, 03/01/18.
2585 Hillcrest Dr., Lansdale $3,300,000. Lot 1 Haddon Township, E. 1st Ave., Conshohocken Nilsa Bruno vs. Castor Odin Properties LLC, motor vehicle accident, case Bruce Green vs. Michael
Jo

19446; Industry Road 705 E. Passyunk Associates $2,647,312. 19428, $837,403, plaintiff, Avenue Market LLC, premises liability/slip/ #18-0203088, 03/01/18. Cobb/Newroad Motors LLC,
#A/G/H, Hatfield 19440, Lots LLC to LT Rental Properties The Township of Voorhees case #2013-13905, $527,524, plaintiff, case fall, case #18-0203062, Michel’s Bakery Inc. motor vehicle accident, case
ur

A/G/H Hatfield Township LLC, 1445 Londonderry Ln., to S&P Voorhees, 111 03/27/18. #16-0501889, 03/06/18. 03/01/18. vs. Eli Gruber/Ecologix #18-0203159, 03/01/18.
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Join us for our power breakfast.


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Learn how to find more leads and minimize cold calling. Discover how to read
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40  PHILADELPHIA BUSINESS JOURNAL

LEADS
Clifton Bostic vs. Sunoco slip/fall, case #18-0203275, Inc./Latin America Tire Uriah Bussey vs. Carl Desire and Matthew Malone William Fauconniere vs. collection, case #2018- Toll Mid-Atlantic LP Co.
Retail LLC, personal 03/02/18. Service Inc., motor vehicle R.Bieber Inc./Bieber Fleet vs. Michael Boutelle/John MAG Entertainment LLC/ 03287-CT, 03/27/18. Inc./Kathryn L. Gaffney/
injury, case #18-0203161, Anthony Jackson vs. Shawn accident, case #18-0300147, Services Inc., motor vehicle Decaro/First Re-Action Inc., Balis Family Restaurant De Lage Landen Financial Toll PA VIII LP to Cara
03/01/18. Retzler/Ean Holdings LLC/ 03/05/18. accident, case #18-0300225, motor vehicle accident, case Corp./Jason Sassany, auto Services Inc. vs. Heritage Castelli, 2136 Julia Dr.,
Maria Liberatore vs. Scott Staples Inc./Lasership Jocelyn Riggio vs. Kimpton 03/06/18. #18-0300483, 03/08/18. negligence/personal injury, Collegiate Leadership Conshohocken 19428, Lot 19
Yarmark/Todd Schlifstein/ Inc./Prestige Delivery Hotel-Monaco Philadelphia/ Kia Fulton vs. Harry Wayne Weaver vs. Robert case #L-719-18, 02/21/18. Academy of Bertie County, Whitemarsh Township ID 65-
David Greimer/Family System Inc., motor vehicle Kimpton Hotel & Restaurant Davis/Larchwood Garden Atkins/Uber Technologies Mindy J. Pressel vs. Virtua/ debt collection, case #2018- 00-01714-20-9, $583,882.
Practice of Jeffersonville/ accident, case #18-0203288, Group LLC/Intercontinental Apartments LLC, premises Inc., motor vehicle accident, Virtua Health Marton/Virtua 03305-CT, 03/27/18. Christopher and Erica Lux
Fountain Medical Group/ 03/02/18. Hotels Group PLC, personal liability/slip/fall, case #18- case #18-0300493, Marlton Hospital et al., tort, De Lage Landen Financial to Gerald D. and Jessica
NYC Surgical Associates et injury, case #18-0300150, 0300232, 03/06/18. 03/08/18. case #L-728-18, 02/21/18. Services Inc. vs. Francorp A. Stevens, 125 Avondale
William and Gail Ross vs.
al., malpractice-medical, case 03/05/18. Durian Electric LLC vs. Eley Cynthia Collins vs. Inc., debt collection, case Dr., N. Wales 19454, Lot
Geisinger Community Edward Williams vs. Holt
#18-0203163, 03/01/18. Tara Jacoby vs. Willow Electrical Contractors LLC, Hospital of University of #2018-03349-CT, 03/29/18. 110 Montgomery Township
Medical Center/Community Logistics Corp., personal
James Braxton and Marcia Medical Center et al., Grove Park/Pennsylvania contracts, case #18-0300238, Pennsylvania/University injury, case #L-732-18, ID 46-00-00470-92-4,
Philips Medical Capital LLC $530,500.
Quarles-Braxton vs. AMC malpractice-medical, case Real Estate Investment 03/06/18. of Pennsylvania Health 02/22/18. vs. Rite Surgical Supplies
Loews Cherry Hill/AMC #18-0300002, 03/02/18. Trust/PREIT/Macy’s Inc., System/Trustees of the
Thomas Martinicchio vs.
University of Pennsylvania,
Medford Investments Inc. Inc./Meir Zarchi/Levi PHILADELPHIA
Entertainment Inc./AMC premises liability/slip/ Target Corp., premises
Ella Brown vs. Mercy Health vs. Commerce One LLC/ Balkany, contract, case Leopard Point LLC to
Entertainment Holdings fall, case #18-0300152, liability/slip/fall, case #18- personal injury, case #18-
System/Mercy Hospital Phin Do, action on negotiable #2018-03361-CT, 03/29/18.
Inc./Cherry Hill Inn 03/05/18. 0300494, 03/08/18. Dowel Girard LLC, 7200
Philadelphia, premises 0300244, 03/06/18. instrument, case #L-736-18,
Redevelopment Partners Accumetrics Ltd. vs. Fairfax Rd., Bethesda, Md.
liability/slip/fall, case #18- Jose Santos-Espinal Jewel Thomas vs. Thomas and Joan Manos vs. 02/22/18.
LLC, personal injury, case Macellen Inc./Samuel A. 20814; 18-20 W. Girard
0300010, 03/02/18. vs. Gerald Wagner/GE Pennsylvania Real Estate Zappala Group Inc./Frank J.
#18-0203166, 03/01/18. Falynn Milligan vs. Food McCaulley, contract, case Ave., Philadelphia 19151, ID
Richards Inc./GE Richards Investment Trust (PREIT), Zappala III/Mark G. Zappala
Marcus Thomas vs. Advance Bank of South Jersey Inc., #2018-03367-CT, 03/29/18. 881006465, $6,320,000.
Kim Jackson vs. Shawn of Connecticut Inc./GE premises liability/slip/ et al., personal injury, case
Auto Parts et al., premises whistleblower, case #L-738- De Lage Landen Financial Leatrice Ducat to Evan
Retzler/Staples Inc./ Richards Graphic Supplies fall, case #18-0300253, #18-0300496, 03/08/18.
liability/slip/fall, case #18- 18, 02/23/18. Services Inc. vs. Labusa F. Solomon and Lynsie B.
Lasership Inc./Prestige Co. Inc. et al., motor vehicle 03/06/18. Dandon and Morgan Miller
Delivery Systems Inc./ 0300021, 03/02/18. Jennifer and Victor Walters Inc./Mohammad Afreedi, Solomon, 1414 S. Penn
accident, case #18-0300154, vs. Dolores Lynch/Claude
EAN Holdings LLC/EAN CSR Property Management 03/05/18. Patricia Leonard vs. Gus vs. Coskey Systems LLC/ debt collection, case #2018- Square, Philadelphia 19102;
Grevenitis/Rex Pizza/1526 Lynch/Eye Associates of
Holdings/Enterprise LLC vs. Sugarwood Lawn Corey S. O’Gara, auto 03380-CT, 03/29/18. 1414 S. Penn Square #22B,
Olga Shypulina/Volodymyr Lancaster Ltd./Lititz Pike
Am

Holdings Inc, motor vehicle and Landscaping LLC, Race Inc. et al., premises negligence/personal injury, Philadelphia 19102, ID 88-8-
Shypulina vs. Joseph Associates LP/Lititz Pike De Lage Landen Financial
accident, case #18-0203167, contracts, case #18-0300037, liability/slip/fall, case #18- case #L-739-18, 02/23/18. 0951-52, $1,550,000.
DiWilliams/Devon Management LLC et al., Services Inc. vs. Purely
03/01/18. 03/03/18. 0300255, 03/06/18.
Automotive Group LLC/ personal injury, case #18- Judith Veeck vs. Wild Dunes Porcelain Inc./Julia Chai, Judith Winig and Robert
er

Hmshost Family Restaurants Wesley Robinson vs. RGS Inc., motor vehicle Ellen Bannister vs. LF 0300497, 03/08/18. Impala Island Inn, personal debt collection, case #2018- Nathan to Hashem
LLC vs. Sunoco Inc. (R&M), Alijon Khalimov/Spartan accident, case #18-0300155, Driscoll Co. LLC/Scholes injury, case #L-776-18, 03381-CT, 03/29/18. Ashrafiuon and Mojeh
Electric & Communications/ Nancy Rivera vs. Wal-Mart
contracts, case #18-0203173, Maintenance LLC, premises 02/26/18. Mohtashami, 1606 Chestnut
ica

03/05/18. Stores East LP/Wal-Mart Carol Horsey vs. The


03/01/18. liability/slip/fall, case #18- JW Carrigan LLC, personal St., Philadelphia 19103;
Gualberto Reyes vs. Stores East Inc./Wal-Mart Kimberly McDonald vs. Chester County Hospital/
0300040, 03/03/18. injury, case #18-0300257, 1606 Chestnut St. #1,
Marcial Lloyd vs. Aginah Crescent Park Corp., Stores Inc., premises liability/ Lions Gate/SJF-CCRC Inc., Penn Medicine/The Chester
03/06/18. Philadelphia 19103, ID
n

Fernandez/U-Haul Inc., Michael Caringi vs. Comcast premises liability/slip/ slip/fall, case #18-0300499, personal injury, case #L-777- County Hospital & Health
motor vehicle accident, case Corp. et al., premises liability/ Deon Wells vs. Fernandez 03/08/18. 18, 02/26/18. System, premises liability, 888036466, $1,160,000.
fall, case #18-0300156,
Ci

#18-0203176, 03/01/18. slip/fall, case #18-0300038, 03/05/18. Ortiz/Kevin Lewis/Yousef case #2018-03373-TT, Susan Hansen to Steven
Alrabadi/REV Trans Inc. et Jessica Davis vs. Single PNC Bank NA vs. Jones
03/05/18. Eye Productions LLC/ 03/30/18. J. Davidson and Simone
John Kline vs. Giant Food Samia Reeves vs. RJM Truck al., motor vehicle accident, Transportation Inc./Gregory
Mogul, 6925 Scotforth
ty

Stores LLC dba Giant Store Sharon Patrick vs. Cosmo Services LLC, motor vehicle Cheeky Winston LLC/Abdul Jones et al., book account, Kenneth Rumbarger vs.
case #18-0300276, Rd., Philadelphia 19119, ID
#6457, premises liability/ Dinardo/Antonio Dinardo/ accident, case #18-0300157, 03/06/18. Mused 1234 LLC, personal case #L-781-18, 02/26/18. B.J. Baldwin Electric Inc./
slip/fall, case #18-0203181, Sandra Dinardo/Sean Kratz/ injury, case #18-0300501, Sikorsky Aircraft Corp. dba 213258100, $1,060,000.
03/05/18.
Bu

American Builders & Lynda Kelly vs. Universal


03/01/18. Bella Trucking Corp./ 03/08/18. Sikorsky Aircraft Corp. 600 Associates LLC to
Ramirez and Ramirez Gomez Contractor’s Supply Co. Dentistry/Universal
Andrew and Wendy Kern vs. Dinardo Brothers Materials a Lockheed Martin Co., Carol B. Tinari, 606 N. 3rd
vs. Cambodian Associates Inc. vs. Ryan McConnell/R. CAMDEN COUNTY Dentistry PA/Joseph Casey/
Inc./Cosan LLC, personal premises liability, case #2018- St., Philadelphia 19123, ID
s

Xfinity Live! Philadelphia/ of Greater Philadelphia et McConnell’s General Megha Patel, medical
Cordish Companies/ injury, case #18-0300044, Frank Kneble vs. Attentive 03377-TT, 03/30/18. 056168120, $1,010,000.
al., premises liability/slip/ malpractice, case #L-782-18,
ine

03/05/18. Contracting LLC, contracts, Care Inc., medical


Entertainment Consulting fall, case #18-0300158, case #18-0300281, 02/26/18. De Lage Landen Financial JPK Investment LLC to Eric
International/Staging Carol Bailey vs. Temple 03/05/18. malpractice, case #L-629-19, Services Inc. vs. Millennium L. Zagar, 280 King of Prussia
03/06/18. 02/14/18. Danielle Clark/Richard
Dimensions/PL Phase One University, premises liability/ Floors Inc./Christine Rd., Radnor 19087; 422 S.
ss

Jamilla Lee vs. Jeffery Jamie Barton vs. Trustees Fisher vs. Rendwell Skating
Operations GP Inc., premises slip/fall, case #18-0300089, Faith Johmsom vs. Sleepy’s Cabreja, debt collection, case 20th St., Philadelphia 19146,
Hood/Uwchlan Ambulance of the University of Center Inc., personal injury,
liability/slip/fall, case #18- 03/05/18. LLC/Mattress Firm Inc., #2018-03379-CT, 03/30/18. ID 081181600, $980,000.
Corp. Inc., motor vehicle Pennsylvania, contracts, case case #L-789-18, 02/26/18.
0203201, 03/02/18. discrimination, case #L-643-
Theresa and Richard accident, case #18-0300160, Harte Investments LLC
Jo

#18-0300282, 03/06/18. 18, 02/15/18. Allied Environmental


Aminata Sarnor vs. Regina Anthony vs. Wells Fargo 03/05/18. to Jeffrey S. Seaman and
Fields/Red Rose Inc. dba Bank NA/Wells Fargo & Co./ Victor Cobo vs. Corporation Jessica Vasquez and Carlos
Services/Walter S. Zimolong RR   Residential Arnold Lau, 250 W. 27th
Sharon Wise vs. Orthopedic vs. EP Design Services LLC/
Real Estate
ur

Teach N Tumble Too/RRS Glenolden Realty Partners of the Presiding Bishop of E. Vasquez-Paulino vs. St., New York, N.Y. 10001;
Surgery and Rehabilitation the Church/LF Driscoll Co. Edgewood Properties Inc.,
Inc. dba Teach N Tumble LP/Glenolden Holdings LLC/ 1629 Swain St., Philadelphia
Associates, premises liability/ LLC/Big-D Construction
Sam’s Club/Cinnaminson construction, case #L-803-18, Transactions
na

Too, premises liability/slip/ GMS Associates/Goodman Sam’s Club, personal injury, 19130, ID 15-2185910,
slip/fall, case #18-0300167, Corp./LF Driscoll Co. LLC et 02/27/18.
fall, case #18-0203210, Properties, premises liability/ case #L-644-18, 02/15/18. $855,000.
03/05/18. al., personal injury, case #18- Isaac Jackson vs.
03/02/18. slip/fall, case #18-0300090, MONTGOMERY Gail Rodgers and
Sabrina Brown vs. Macy’s/
ls

03/05/18. Constance Turner vs. 0300284, 03/06/18. Nationwide Lifts Inc., COUNTY
James Wood/William Simon Management Francesco DeLuca to Ellen
Matthew Tuccillo/Kevin Barbara Pettway/Robert personal injury, case #L-809-
Kincade vs. Andrew Ian and Ristina Cobb vs. Associates, personal injury, 306 Bala Cynwyd LLC/ Kathleen Casey Hart and
Goines/Malco Electric LLC, 18, 02/27/18.
-

Mezyma/Leading Edge Wendy’s International Montgomery vs. Brentwood case #L-659-18, 02/15/18. Mark S. Rayer/John Rayer Christopher Brett Hart,
Construction Group Inc., motor vehicle accident, case Parkside Associates/ Steven Haas vs. Elite
Inc./Braid Group, premises to Zuozhen Tian and Yuling 3443-47 W. School House
No

motor vehicle accident, case #18-0300172, 03/05/18. Pennrose Properties Inc./ Gwendolyn Dawley vs. Landscaping, personal injury,
liability/slip/fall, case #18- He, 310 Bala Ave., Bala Ln., Philadelphia 19129, ID
#18-0203215, 03/02/18. Marquis Smith vs. Timothy Pennrose Properties/ Lyft Inc./Logisticare, auto case #L-827-18, 02/28/18.
0300099, 03/05/18. Cynwyd 19004, Lot 7 Lower 213001300, $850,000.
Alpheaus/Emerald Brentwood Apartments et negligence/personal injury,
Tonya Riggins vs. Camden’s Merion Township ID 40-00-
tf

Ann Grice vs. Kelly Thomas and Linda al., premises liability/slip/ case #L-664-18, 02/16/18. Patrick R. Kingsley and
Heffernan/76 Carriage Paper Group LLC/Ryder Pride Charter School, 03448-05-4, $1,140,000.
Giannattasio vs. Michael fall, case #18-0300285, Heather E. Rennie to
Co. Inc., motor vehicle Transportation Services, John and Lori Alleborn vs. discrimination, case #L-832-
or

Gillie/Triad Mechanical 03/06/18. Spring House Land Inc./ Konrad Paul Kording and
accident, case #18-0203222, personal injury, case #18- Target Home Inspection 18, 03/01/18.
Maintenance Inc., motor Salvatore J. Paone to David Ionan Elena Marinescu,
03/02/18. 0300174, 03/05/18. Frank Baer/LLB Gym LLC, contract, case #L-670-
vehicle accident, case #18- Frances Palacio vs. Meridian A. and Kathleen M. Ricci, 2309 Naudain St.,
LLC/12fit LLC vs. Genatt V 18, 02/16/18.
c

Shuntaine Woodward vs. 0300100, 03/05/18. Susan Shaw vs. BET Property Services Inc., 133 N. Landmark Ln., Ft. Philadelphia 19146, ID 30-3-
Investments Inc./Rydal LLC/SA Genatt LLC et al., Sharom Yampell vs.
om

John Ferry/Christine Ferry/ John Dipasquale vs. Velia personal injury, case #L-836- Washington 19034, Lot 0276-00, $848,000.
Square LP, premises liability/ contracts, case #18-0300299, Voorhees Diner Corp./Mori 14 Upper Dublin Township
Oberst Inc. dba Moriarty’s Rucci/Nicholas Rucci/Gina 03/06/18. 18, 03/01/18. Park Avenue Housing
Restaurant, premises slip/fall, case #18-0300191, Properties LLC, personal ID 54-00-13366-14-5,
Rucci/Poppi’s Restaurant injury, case #L-675-18, Yvette Morrison vs. SNA LP to ZF Realty LLC,
liability/slip/fall, case #18- 03/05/18. Diane Goeke vs. Kim Yin/ $792,301.
m

Inc., employment/wrongful 02/19/18. Properties Inc., personal 2640 Amy Way, Whitehall
0203223, 03/02/18. discharge, case #18- Rhonda Williams vs. James Hope Lee/Grub Hub of Toll Mid-Atlantic LP Co. 18052; 2252 N. Park Ave.,
America Inc./Grun Hub Inc., injury, case #L-839-18,
Hodson/James Hodges/Elite Tanya Clark/Dennis Farney Inc./Kathryn L. Gaffney/
er

Shamaine Wright vs. 0300107, 03/05/18. 03/01/18. Philadelphia 19132, ID 37-


Coach Inc./MGR Travel Ltd., motor vehicle accident, case vs. Brunswick Corp./Kellogg Toll PA VIII LP to Joseph 1-2911-00/37-1-2809-00,
Twanda Ware/Lyft Inc., Frank Campese Jr. PC vs. #18-0300309, 03/06/18. Theresa Roberts vs. Bank of
motor vehicle accident, case Marine Supply/Ryder Truck P. and Barbara E. Purtill, $840,000.
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motor vehicle accident, case Medtower LP/Medtower America/Bank of America


#18-0203224, 03/02/18. #18-0300197, 03/05/18. Elvira Morales vs. American et al., auto negligence/ 2267 Elsa Ct., Schwenksville
Inc./ASI Management, personal injury, case #L-687- Financial Center, personal Heddy LLC to Daniel
Tanisha Johnson vs. Lighting/Signalization Inc./ 19473, Lot 214 Skippack
Forty Seven Hundred LP et contracts, case #18-0300114, 18, 02/20/18. injury, case #L-855-18, Sussman and Sarah
Peco Energy Co./Exelon Township ID 51-00-03116-
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al. vs. GCW Construction 03/05/18. Drexel University/Drexel 03/02/18. Boyette, 742 Catharine
Neurosciences Institute/ Corp./Exelon Business Camden County vs. 47-2, $644,041.
Co., contracts, case #18- Natalie Mongelli vs. Romeo St., Philadelphia 19147, ID
Capital Health System Inc./ Services Co. LLC/Siani’s Purdue Pharma LP/Abbott CHESTER COUNTY Thomas E. Harvey/200 022221900, $837,000.
0203228, 03/02/18. Ruiz/Jpier Transport Inc.,
se

Beth Israel Medical Center/ Towing LLC, personal Laboratories/Cephalon Inc. Price LLC to Robert and
Asamnew Dilbu vs. motor vehicle accident, case injury, case #18-0300457, et al., complex commercial, De Lage Landen Financial Antonia Chen to Marissa A.
Ricardo Alberto Cruciani Elaine Ufberg, 200 Price
Affordable Accounting #18-0300115, 03/05/18. 03/06/18. case #L-695-18, 02/20/18. Services Inc. vs. Bethpage Vatsky and Seth E. Vatsky,
MD, personal injury, case #18- Ave. Condo 1, Narberth
Services LLC et al., premises Abdul Wahid-Muhsin/Rita Associates LLC dba Carlyle 726 S. 11th St., Philadelphia
0300215, 03/05/18. Desiree Hernandez/Sara Linda York vs. Conifer Realty 19072, Narberth Borough
liability/slip/fall, case #18- Thomas vs. Whole Foods Catering, debt collection, 19147, ID 888022036,
Gail and John Blasko Hicks/Tanisha Johnson/ LLC, personal injury, case ID 12-00-03130-00-9,
0203250, 03/02/18. Market/Whole Foods Market case #2018-03191-CT, $810,000.
vs. Michael Gilbert/R&J Kim Rosell et al. vs. Global #L-699-18, 02/21/18. $636,000.
Group Inc./Rodin Market 03/26/18. Laurence John Silvi to
Jackie Emerson vs. Kevin Transportation Inc., motor Neurosciences, personal Austin J. Scherrer Jr.
Huang/Giuyun Guo/ Partners LP/Rodin Place GP injury, case #18-0300459, VOIP Systems USA LLC Philips Medical Capital LLC PTHJKB2012 LLC, 416
vehicle accident, case #18- vs. Senior Citizens United and Anne M. Yawman to
Qiuyun Guo/Hong Kong Inc./Whole Foods Market 03/06/18. vs. American Sleep Medicine E. Street Rd., Feasterville
0300211, 03/06/18. Community Services, Ridgetown Homes LLC,
Chinese Restaurant/JAKS Inc., premises liability/slip/ LLC, debt collection, case 19053; 601 N. Bodine St. #6,
Olivia Phillips-Saywhah vs. Linda Collins vs. Brown’s contract, case #L-702-18, 989 Limekiln Pike, Ambler
Development LLC/Quick fall, case #18-0300116, #2018-03239-CT, 03/26/18. Philadelphia 19123, ID 05-
Wal-Mart Supercenter/Wal- Super Stores Inc./Wakefern 02/21/18. 19002, Horsham Township
Stop 2 Deli Inc./Quick Stop 2 03/05/18. 51076-00, $724,895.
Mart Stores East LP/Wal- Food Corp., premises liability/ Verity Investments LLC/ 36-00-06766-00-2,
LLC et al., premises liability/ Antoinette Zeigler vs. Victor slip/fall, case #18-0300429, Elisha Williams vs. Power Play Investments LLC $624,900. Paul W. Maute and Cynthia
slip/fall, case #18-0203251, Mart Stores East Inc./Wal- High Class Deluxe, auto
Balten/Tremont Partners Mart Real Estate Business 03/07/18. vs. Taylor Avenue Associates C. Maute to Kiley Smith
03/02/18. negligence/personal injury, Brynwood Manor LLC/
Ltd./Trust Management Co. Trust/Facilitysource Inc. et LP, debt collection, case Kelly and Graham Kelly,
Ellis Collick/Destiny Watts case #L-703-18, 02/21/18. Marc Salamone to Zhaohui
Nashae Johnson vs. Inc./MGC Landscaping Inc., al., premises liability/slip/ #2018-03247-CT, 03/26/18. 100 W. Phil Ellena St.,
vs. Matthew Cosenza/ Cai and Yang Chen, 3801
Wal-Mart Stores East motor vehicle accident, case fall, case #18-0300216, Jerry and Joanne Galmin Philadelphia 19119, ID
Lor-Mar Mechanical Aaron L. Deves/Julia K. Brynwood Ct., Collegeville
LP, premises liability/slip/ #18-0300129, 03/05/18. 03/06/18. vs. Sunnova Energy Corp., 223073800, $700,000.
Services Inc., motor vehicle Deves/John R. Eitzen et al. 19426, Lot 1 Lower
fall, case #18-0203253, Joan Levanios vs. accident, case #18-0300438, contract, case #L-704-18, vs. Chantilly Farms Inc./ Providence Township ID 43- Glenn A. Krotick to
03/02/18. Christopher Gittens vs. 02/21/18.
April Lebrocq/Angela David Denenberg/William 03/07/18. Moser Builders Inc./Moser 00-02815-10-9, $610,000. Christine Foley Hagan,
Alyssa Wegner vs. Sanjurjo McClelland/Archdiocese Shaid/James Thornton/ Daniel Post vs. Harrah’s Homes LLC, contract, case 1707 Pine St., Philadelphia
Crystal and Horatio Gordon John C. and Ana Maria
Cantres/Action Installations of Philadelphia/Daughters Richard Kearns/Richard Resort Atlantic City/ #2018-03253-CT, 03/26/18. 19103, ID 081057900,
vs. Jamie Bamchs/Alexis Keene to Clifford Jacob
& Maintenance Inc., motor of Our Lady of Fatima dba Kearns Painting Inc./Kearns Harrah’s Atlantic City $675,000.
Muhammed/South Jersey De Lage Landen Financial Miller and Melissa Paris
vehicle accident, case #18- Fatima House et al., personal Painting Inc./Ashylan Operating Co. LLC, personal Services Inc. vs. Apparel 400 Reed Street Owner
Party Supply Inc., motor Miller, 1527 W. Montgomery
0203256, 03/02/18. injury, case #18-0300139, Co. Inc., motor vehicle injury, case #L-711-18, Imports Inc. dba Formal LLC to Robert Joseph
vehicle accident, case #18- Ave., Rosemont 19010,
03/05/18. accident, case #18-0300220, 02/21/18. Wear International Corp., McDonough and Amanda
Nicholas Miglino vs. 1840 0300465, 03/07/18. Lower Merion Township
S. Camac St. Partners Carla Brown vs. Turkey Hill 03/06/18. Maribel Colon vs. Wal-Mart debt collection, case #2018- ID 40-00-40440-00-2, Marie Dinofia, 1433 S. 5th
Sheri and Ronald Umerger
LP, premises liability/slip/ LP, premises liability/slip/ Jennifer Seidel vs. Howard Inc. Cherry Hill, personal 03256-CT, 03/26/18. $592,000. St., Philadelphia 19147, ID
vs. Brown’s Super Stores
fall, case #18-0203274, fall, case #18-0300140, Johnson Inn-suites/ injury, case #L-713-18, De Lage Landen Financial 01-1-3275-35, $660,570.
Inc./Shop-Rite of Fairless Joel D. and Jayne Gluckman
03/02/18. 03/05/18. Wyndham Worldwide Corp./ 02/21/18. Services Inc. vs. AMS Lindsay Kay Kresch to
Hills/Pepsico Inc./North to Gerald Vandergrift,
Annette Roulac vs. Enver and Dzana Badnjevic Hospitality Operations American Beverages A Cherry Hill Center LLC vs. Medical Laboratory Inc./ 1285 McDivitt Dr., Blue Bell Jack M. Tsai and Menie
Philadelphia Surburban vs. Acevedo Dejesus/Torres Inc., premises liability/slip/ Division of Pepsico Inc. et Jay St. Video Game Stores Geneticare Laboratory 19422, Lot 13 Whitpain M. Yip, 1348 N. Howard
Development Corp./Earl Gargia/Yohandro Garcia fall, case #18-0300224, al., personal injury, case #18- Inc., contract, case #L-716- Inc./Midwest Institute Township ID 66-00-03638- St., Philadelphia 19122, ID
Ross et al., premises liability/ Torres Inc./YGT Transport 03/06/18. 0300482, 03/08/18. 18, 02/21/18. for Addiction Inc., debt 48-1, $584,900. 182057565, $637,000.
APRIL 13, 2018 41

LEADS
John Farrell and Nancy Lan Pedroza, 1608 Mt. Vernon $567,000. Heather M. Cahill to Leah 19122, ID 18-2-0582-60, 8094154, $510,000. 64.13 Lot 4 Borough of The Bank of New York
to Eric John Carpenter and St., Philadelphia 19130, ID S. Corr and Jeremy G. $525,000. 1352 Lofts Property Haddonfield, $592,500. Mellon fka the Bank of
Richard E. Henderson
Joanna Laurie Carpenter, 08-4-0773-00, $575,000. Rogoff, 825 N. Taney St., Kyle W. Turner and Lindsay Holdings LP to Amanda New York as Trustee to
to Michael Reid Gooch Colette and William Rafter
2626 Brown St., Philadelphia John Baumgardner and Philadelphia 19130, ID 15- M. Evans-Leary to William Roman and Julia Yuabov,
and Lauren Elizabeth Abrams, 1352 South St. to Raymond L. Jr. and
19130, ID 152247200, Jessica Baumgardner to 1-2936-20, $545,000. E. Long and Carol A. Long, 15 Shingle Oak Dr., Voorhees
Thomsen, 101 N. Van Pelt #307, Philadelphia 19147, Megan K. Cormier, 215 9th
$585,000. Shivani Pandya Mohan and Penrose Park Associates 32 Farmhouse Ln., Voorhees, 08043, Block 202.08 Lot
St., Philadelphia 19103, ID ID 888303274/888303494, Ave., Haddon Heights 08035,
Michael Laffan to George Naveen Chandra Mohan, LP to Jennifer Nguyen, N.J. 08043; 317-19 Monroe $500,000. 11 Voorhees Township,
083100800, $563,500. Block 54 Lot 18 Borough of
Taylor, 34 Depot Ave., 1118 Hall St., Philadelphia 2510 Annina Ln., Bensalem St. #1, Philadelphia 19147, $475,000.
Falmouth, Mass. 02540; 901 19147, ID 021061930, Michael Zynwala to 2241 19020; 3300 Pietro Way, CAMDEN COUNTY Haddon Heights, $557,500.
ID 888020251, $511,000. Kenneth A. Korach and
N. Penn Square #P1803, $575,000. St. Albans St. LLC, 736 Philadelphia 19145, ID 26- Ward Building Associates
Adrian V. Rodrigo to Raulie Deutsche Bank National Brenda Baer Korach to
Philadelphia 19123, ID S. 20th St., Philadelphia 2-4279-00, $537,741. LLC to Michael and Shannon
Jorge Garzon to Kimberly D. Rodrigo and Concepcion Trust Co. as Trustee to Ben William F. and Tara L.
888061912, $580,000. 19146; 2241 St. Albans Frost, 1025 Park Dr., Cherry
Diane Bowes and Richard 1400 Block of Cadwaller V. Rodrigo, 1333 E. Broad Weinraub, 1032 Greenmount Hanna, 7 Harrowgate Dr.,
St., Philadelphia 19146, ID Hill 08002, Block 375.01 Cherry Hill 08003, Block
Michael Scott Fuchs and Andrew Hodges, 2154 LLC to Robert B. Galster St., Hazelton 18201; Rd., Haddonfield 08033;
302064800, $546,000. 1023 Greenmount Rd., Lot 26 Cherry Hill Township, 518.03 Lot 21 Cherry Hill
Ashley Sarah Fuchs to Lisa Webster St., Philadelphia and Cristy D. Agorilla, 1523 2101 Market St. #704,
V. Pedroza and Mauricio A. 19146, ID 30-2-1156-00, Jeffrey J. Cahill and N. Mascher St., Philadelphia Philadelphia 19103, ID 88- Haddonfield 08033, Block $499,200. Township, $451,000.

BUSINESS MARKETPLACE
Contact Mike Zirbser at 215-238-5128 or mzirbser@bizjournals.com to advertise

DISTINCTIVE HOMES
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ur

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Licensed in NJ & PA Licensed in NJ & PA Licensed in NJ & PA
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ESTATE AUCTION
- No
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Reprints
or
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Contact
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GET OUR NEWS Betty Michelli


m

ALL DAY ON TWITTER. 215-238-5109


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@PHLBizJournal
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COMMERCIAL REAL ESTATE

WCRE COMMUNITY COMMITMENT


Southern New Jersey and the Philadelphia region mean so much more to Wolf
WCRE Supports
Commercial Real Estate (WCRE) than a place to do business. It’s our home and our
community. Our roots are here, and we are passionately committed to the health,
well-being, and success of the people here. That is why WCRE dedicates a portion
of the proceeds from each transaction to a local charity, and encourages our staff to
volunteer and support charitable causes. Currently, The WCRE Foundation supports
the Alzheimer’s Association Delaware Valley, CARES Institute at Rowan University,
the American Cancer Society, Susan G. Komen Foundation, Samaritan Healthcare &
Hospice and the Jewish Federation of Southern New Jersey. We also offer our clients
the option to designate the charitable portion of their transaction to a charity of
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Wolf Commercial Real Estate NJ OFFICE l 951 Route 73 North I Suite D l Marlton, NJ 08053 l P 856 857-6300
www.wolfcre.com PA OFFICE l 630 Freedom Business Center I 3rd Floor l King of Prussia, PA 19406 l P 215 799 6900
42  PHILADELPHIA BUSINESS JOURNAL

VIEWPOINT
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Send letters to the Philadelphia Business Journal
400 Market St., Suite 1200, Philadelphia, PA 19106
philadelphia@bizjournals.com

280 CHARACTERS OR LESS

TWITTERING AWAY
OPPORTUNITIES
DELL PONCET
tweets on some
things that catch
his eye each week.
GETTY IMAGES
Follow him
on Twitter at
@PHLBizDPoncet GUEST COMMENT

Embrace the region’s specialness


Am

Johnson Matthey is shutting down


its chemical factory in Montco,
er

which means 119 workers will no


BY WILLIAM R. SASSO access to personal and professional business environment with our
ica

long be employed. Always hate


AND MATT CABREY opportunities that they simply cannot unmatched arts and culture assets,
to hear about manufacturing
get anywhere else. This is due to our diverse recreational offerings, lively
n

T
jobs disappearing, we can’t all
here is no doubt about it: Some- world-class universities, as well as neighborhoods, and easy access to the
Ci

be “service providers.” http://bizj.


thing special is happening across our favorable cost of living, quality of beaches of Delaware and New Jersey
us/1pkdy2
ty

our Greater Philadelphia com- life, diversity, culture, and more that and the mountains of Pennsylvania
munity. Guests from around the world have redefined Philadelphia as an and we have all the ingredients for
Bu

The oldtimers used to call it a beer


experience it. Business and civic lead- engaged, creative community. people – new and native – to live,
& a blast — a shot of whiskey & a
ers see it unfolding everywhere around There is something special about work, and grow their personal and
s

beer chaser, in the days when guys


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them – from board rooms to commer- our business community that professional lives.
would add tomato juice or put
cial corridors and community centers. inspires a coming together rarely While much of Greater
a raw egg in their beer. Now the
ss

Educators and academics are inspired seen in other regions. We work Philadelphia’s appeal is due to what
“citywide” is making a comeback
by it; they are teaching it and learn- together not because we have to, but our regional ancestors envisioned and
as Bud & Jim Beam are teaming up.
Jo

ing from it. Even our legendary nega- because we want to, knowing that built, and that we as a community
http://bizj.us/1pkdoj
tive natives – who historically see the our collaborative style will not only continue to build today, some of our
ur

glass half-empty, and as a result are our help our friends and neighbors, but success is attributable to luck. Top
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Here’s a drinking game for


city’s own worst enemies – are feeling will also produce results that benefit of that lucky list is our geographic
teetotalers: You down a shot of
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it in everything they do. many around the country and the proximity in the country and the
whiskey every day you DON’T
It’s a pride, a passion and a poise world. This spirit is captured in the world. Greater Philadelphia is truly
-

hear anything from or about


that is transforming this community recent U.S. regulatory approval of the a gateway to the global market place,
No

Trump. If you started the game


like never before. It is an authenticity world’s first genetically engineered offering unprecedented infrastructure
on Trump’s inauguration (HUGE
of place that is palatable, and that immune therapy, a T-cell treatment – air, rail, water, highway, pipeline,
tf

crowd!) you’d still be waiting for


people who are lifelong residents for pediatric leukemia developed electrical, fiber-optic and more –
or

your first drink.


as well as those who are new to the at the University of Pennsylvania allows easy access and unmatched
community want to be part of, and in collaboration with Children’s distribution channels. In fact, 40
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Every @TheWalkingDead episode


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who are living it every day. Hospital of Philadelphia and Novartis. percent of the U.S. population is
could be 15 mins long if you cut out
To some, this genuineness that It’s fitting that the U.S. Food and reachable within two hours, and 60
the repetition and for as much as
m

permeates our neighborhood of Drug Administration referred to percent of the population in North
the plot gets advanced. Think about
er

Greater Philadelphia is a mystery. its endorsement of this new gene America is reachable within one day
it.
To others who have nurtured the therapy as a “historic action,” of Greater Philadelphia.
cia

seeds of success – planted years considering that Philadelphia is The specialness that defines the
40 Under 40! That’s right. Here
ago, and in some cases decades home to major milestones in the life people of Philadelphia, and that is
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they are, unlocked and running


ago – the transformation we are all sciences. firmly rooted in the ideals of our
wild. The @PHLBizJournal 2018 40
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experiencing in Philadelphia is clear. Part of the hallmark of our country is again being recognized
Under 40 honorees. You know any
One of the greatest Greater Philadelphia style is an and embraced by each of us who call
of them? http://bizj.us/1pkc1z
transformations has been the scores understated, humble confidence. Greater Philadelphia home.
of young people flooding into our Our community is home to creative
region. Greater Philadelphia’s people from all walks of life who not William R. Sasso is chairman of
millennial growth over the past only have the skills and abilities to Select Greater Philadelphia. He
R ONLINE EXTRA
decade is the highest of any of the envision new ideas, but the ingenuity is also chairman of the law firm
nation’s 30 largest cities. Young to transform those ideas from concept Stradley, Ronon, Stevens & Young.
people are coming here and to reality. Matt Cabrey is executive director of
staying here because they have Combine our cost-effective Select Greater Philadelphia.

R GAINERS AND LOSERS

MARK ZUCKERBERG FS INVESTMENTS PHILLIES

Life coach BOBBI-JO BRIGHTON


writes about the lingering problem
D Facebook’s young leader
comes under the harsh
spolight and doesn’t come out looking
C The Navy Yard-based
alternative investments
company continues to roll along. This
C They’ve got a controversial
manager and, so far this
season, uneven results. But it seems
great. week, it consummated two major deals like everyone is talking baseball again,
of gender bias. Go to pbj.com that will raise its stature. after a few years of yawns.
APRIL 13, 2018 43

SOCIAL CAPITAL

‘I want all supermarket sushi sold


in the U.S. to be 100% sustainable.’
Am
er
ica
n
Ci
ty
Bu
s ine
ss
Jo
ur
na
ls

Josh Onishi, president and CEO of


-

Peace Dining Corp., at Genji Sushi


No

Bar at Whole Foods.


tf

JEFF FUSCO
or

What’s your essential business What was your first job? My first job
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JOSH ONISHI If you could have been present at any


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philosophy? Customer focus. was also in the food industry. In high


Company: Peace Dining moment in history, a world event, an
school I worked in a konyaku (sweet
Corp. invention, a creation of great beauty,
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What are the smartest and dumbest potato) processing factory.


Company description:
and so on, what would it be? On the
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business decisions you’ve made?


Peace Dining is a global seventh day of creation, when God
Smartest: Committing to providing the As a child, did you know what you
cia

holding company finally rested.


market with 100 percent sustainable that oversees several
wanted to be when you grew up?
sushi. Dumbest: Making decisions Philosopher.
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subsidiaries related to When you were a teenager, did you


based only on financial impacts. the wholesale and retail
have a band or singer whose CD or LP
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distribution of sushi and What’s your first choice for a new


Japanese food products. you just wore out? Queen.
What’s the best way to keep a career? Something in government or
Company HQ location:
competitive edge? Understanding and Philadelphia
public service.
If you were stuck on a cross-country
studying customer needs and trends.
Title: CEO bus trip, which famous person would
What’s something about you that
Number of employees:
you like have sitting next to you?
Name a goal you have yet to achieve. people wouldn’t expect? I host classical
1,475 Confucius.
I want to force our competitors to concerts, twice a year, at Carnegie Hall.
think more sustainably and have all Age: 49
And, conversely, who would you NOT
supermarket sushi sold in the United Original hometown: Do you have an exercise routine? I
enjoy spending a lot of time with?
States to be 100 percent sustainable. Hyogo, Japan jump rope for 30 minutes every night.
Darwin.
Education: MBA at
What do you think your employees Columbia University What car do you drive and why? Any
What’s your favorite place in Greater
say about you when you’re not in the Family: Wife and three
car that is safe and fuel-efficient.
Philadelphia? The Assembly Room at
room? They wonder where I get my daughters Independence Hall.
cool sneakers from. When you get time to relax, what’s
your best vacation? Playing chess or
What three words best describe you? reading a book, at a café in the French
Positive, philanthropist, goal-oriented. countryside, or any place that time
passes slowly.
44  PHILADELPHIA BUSINESS JOURNAL

Am
er
ica
n
Ci
ty
Bu
s ine

isn’t a substitute for a plan.


ss
Jo
ur
na
ls

How can you As a business owner, you have a lot of people relying on you. Do you have a
- No

plan in place for when you’re ready to transition your business? Is your vision
ensure the
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for the business clear? Will your employees, customers, and family be well cared
or

people you
c

for? Wilmington Trust has been helping business owners like you build effective
om

care about will transition strategies for more than a century. The earlier you begin planning, the
m

be taken care
er

more flexibility you’ll have – and the better protected your business will be.
cia

of when you For a deeper understanding of business transition planning, call Colleen Marsh and
lu

move on? her team at 610-520-1499. Download our research The Power of Planning
se

at wilmingtontrust.com/businessowners.

W E A L T H P L A N N I N G | T R U S T A N D E S T A T E S E R V I C E S | I N V E S T M E N T M A N A G E M E N T | P R I V A T E B A N K I N G*

* Private Banking is the marketing name for an offering of M&T Bank deposit and loan products and services.
Investments: • Are NOT FDIC-Insured • Have NO Bank Guarantee • May Lose Value
Wilmington Trust is a registered service mark. Wilmington Trust Corporation is a wholly owned subsidiary of M&T Bank Corporation. Wilmington Trust Company, operating in Delaware only, Wilmington Trust, N.A., M&T Bank, and certain other affiliates
provide various fiduciary and non-fiduciary services, including trustee, custodial, agency, investment management, and other services. International corporate and institutional services are offered through Wilmington Trust Corporation’s international
affiliates. Wilmington Trust Investment Advisors, Inc., a subsidiary of M&T Bank, is an SEC-registered investment advisor providing investment management services to Wilmington Trust and M&T affiliates and clients. Loans, credit cards, retail and
business deposits, and other business and personal banking services and products are offered by M&T Bank, member FDIC.
©2018 Wilmington Trust Corporation and its affiliates. All rights reserved.

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