Hydrophilic and flexible polyurethane foams were prepared using sodium alginate as a polyol, and characterized by optical microscopy, FT-IR spectroscopy, density measurements, volume swelling, and water absorbency. Optical microscopy revealed that the resulting cells were closed with round and elongated shapes. FT-IR confirmed that the urethane linkages were formed between the isocyanate and sodium-alginate. As an indirect measurement of porosity, the apparent density indicated an initial decrease followed by an increase with increasing glycerin content. The volume-swelling ratio was initially constant, followed by a gradual decrease with glycerin content. The volume swelling ratio increased with PEG molecular weight. The water absorbency initially increased, followed by a decrease with increasing glycerin content. The correlation ships between water absorbency, density, and volume-swelling ratio indicated that the absorbency was predominantly influenced by density when the PEG molecular weight was low and was greatly affected by the volume-swelling ratio when the PEG molecular weight was relatively high.