Phileona Foundation
- Assets
- $21.2m
- Revenue
- $205.5k
- Investments
- $20.8m
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 02/1994
- Data as of
- 09/2023
- EIN
- 41-1763225
Organization Overview
Phileona Foundation is located in Minneapolis, MN. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phileona Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2023, Phileona Foundation generated $205.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.8%) each year. All expenses for the organization totaled $1.1m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Phileona Foundation has awarded 397 individual grants totaling $7,246,804. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
MD Miller Chairman | 1 | $0 | |
Mj Miller Director | 1 | $0 | |
Dj Miller Director | 1 | $0 | |
Sl Miller Director | 1 | $0 | |
T Sledd Director | 1 | $0 | |
Sd Miller Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $542,523 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$432,309 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $95,276 |
| Total Revenue | $205,490 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,200 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,288 |
| Total operating and administrative expenses | $30,488 |
| Contributions, gifts, grants paid | $1,106,769 |
| Total expenses and disbursements | $1,137,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $380,978 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $20,791,771 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,500 |
| Total assets | $21,174,249 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Phileona Foundation has awarded $1,106,769 in support to 64 organizations.
| Grant Recipient | Amount |
|---|---|
HERZL CAMP PURPOSE: GENERAL CHARITABLE | $500 |
HORSES WITHOUT HUMANS RESCUE ORGANIZATION PURPOSE: GENERAL CHARITABLE | $10,000 |
INDIGENOUS PEOPLES TASK FORCE PURPOSE: GENERAL CHARITABLE | $30,000 |
JEWISH FAMILY AND CHILDRENS SERVICE OF MPLS PURPOSE: GENERAL CHARITABLE | $1,250 |
JEWISH FEDERATION AND FAMILY SERVICES OF ORANGE COUNTY PURPOSE: GENERAL CHARITABLE | $25,000 |
JUXTAPOSITION ARTS INC PURPOSE: GENERAL CHARITABLE | $7,500 |