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Filing year 2023

EDWARD J PHILLIPS FAMILY FOUNDATION

Wayzata, Minnesota·EIN 20-2041201·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$807k
Total assets
$24.3M
Total expenses
$1.3M
Reported officers
3

Reported officers (all unpaid)

No paid executives reported in 2023. EDWARD J PHILLIPS FAMILY FOUNDATION reported 3 unpaid officers and board members on its 990-PF.

President
Secretary
Treasurer

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$1M

Itemized grants

21

Median grant

$30k

RecipientLocationPurposeAmount
MAYO FOUNDATIONROCHESTER, MNGENERAL SUPPORT$250k
MULTIPLE MYELOMA RESEARCH FOUNDATIONNOWALK, CTGENERAL SUPPORT$115k
NORTHSIDE ACHIEVEMENT ZONEMINNEAPOLIS, MNGENERAL SUPPORT$100k
THE CHILDREN'S FOUNDATIONDETROIT, MIGENERAL SUPPORT$81k
THE LEUKEMIA LYMPHOMA SOCIETYMINNEAPOLIS, MNGENERAL SUPPORT$70k
TEMPLE ISRAELMINNEAPOLIS, MNGENERAL SUPPORT$65k
LTSC COMMUNITY DEVELOPMENT CORPORATIONLOS ANGELES, CAGENERAL SUPPORT$55k
MINNESOTA HILLELMINNEAPOLIS, MNGENERAL SUPPORT$50k
SCHOOL FOR ETHICS AND GLOBAL LEADERSHIPWASHINGTON, DCGENERAL SUPPORT$40k
AVODAH FARMSENGLEWOOD, COGENERAL SUPPORT$30k
EVERY MEALROSEVILLE, MNGENERAL SUPPORT$30k
SECOND HARVEST HEARTLANDBROOKLYN PARK, MNGENERAL SUPPORT$30k
EAU CLAIRE COMMUNITY FOUNDATIONEAU CLAIRE, WISTORY BUILDER CAPITAL CAMPAIGN$20k
JONES HARRISON SENIOR LIVINGMINNEAPOLIS, MNGENERAL SUPPORT$15k
GIVENS FOUNDATIONEDINA, MNGENERAL SUPPORT$15k
NORTHSIDE BOXING CLUBMINNEAPOLIS, MNGENERAL SUPPORT$15k
NORTHWESTERN MEMORIAL FOUNDATIONCHICAGO, ILGENERAL SUPPORT$15k
PAGE EDUCATION FOUNDATIONMINNEAPOLIS, MNGENERAL SUPPORT$10k
THE PARACHUTE FOUNDATIONMINNETONKA, MNGENERAL SUPPORT$8k
FOLDS OF HONOR MINNESOTAWAYZATA, MNGENERAL SUPPORT$6k
SO OTHERS MAY LEARNMINNEAPOLIS, MNGENERAL SUPPORT$5k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Minnesota

EDWARD J PHILLIPS FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Minnesota earns a median of $32,530.

25th percentile
$8k
Median
$32,530
75th percentile
$93k
90th percentile
$243k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 399 organizations across 399 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Minnesota
FAQ

Common questions about EDWARD J PHILLIPS FAMILY FOUNDATION

What are EDWARD J PHILLIPS FAMILY FOUNDATION's revenue and expenses?

In 2023, EDWARD J PHILLIPS FAMILY FOUNDATION reported $807k in total revenue and $1.3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($10M - $25M), because foundation pay scales with assets under management, not revenue.