Edward J Phillips Family Foundation
The Edward J Phillips Family Foundation is a private, independent foundation based in Wayzata, Minnesota. Established in 2004 and tax-exempt since June 2005, the foundation operates as a 501(c)(3) organization dedicated to philanthropic grantmaking across the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$24.2M
-0.3% YoY
Annual Giving
$956K
-6.7% YoY
Grant Count
25
+19.0% YoY
Avg Grant Size
$38K
-21.6% YoY
Mission & Focus Areas
The foundation gives primarily for:
- Education
- Medical research
- Children and youth services, particularly support for children's hospitals
- Health and human services, including in-patient medical care, hospital care, and specialty hospital care
- Family services and child welfare
Grantmaking
The foundation supports projects across various U.S. cities and states, with particular focus in Minnesota, Illinois, and Wisconsin, as well as major metropolitan areas including New York, Los Angeles, and Chicago.
Grant Range
approximately $79,667 (based on 2023 total giving)
Average Grant
approximately $79,667 (based on 2023 total giving)
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Geographic Focus
Where this funder awards grants
Primary funding regions include:
- Minnesota
- Illinois
- Wisconsin
- California
- Colorado
- Washington, D.C.
- Kentucky
- Michigan
- North Carolina
- New York
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2023:
- Total Assets: $24.3 million
- Total Revenue: $807,230
- Total Expenses: $1,282,812
- Total Liabilities: $0
- Total Grants/Contributions: $250,000
- Investment Income and Dividends: $726,002
Staffing:
- 0 employees
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $24,236,902 | $24,316,986 | $24,486,071 |
| Revenue | $1,210,607 | $807,230 | $1,948,246 |
| Expenses | $1,165,892 | $1,282,812 | $1,133,748 |
| Qualifying Distributions | $957,902 | $1,026,305 | $887,095 |
| Net Investment Income | $707,568 | $524,143 | $1,419,360 |
| Distributable Amount | $1,778,733 | $1,532,824 | $1,529,207 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
105 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Tyler J. Phillips – President
- Jay J. Phillips – Secretary
- Hutton Phillips – Treasurer
All serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TYLER J PHILLIPS | PRESIDENT | 2 | — |
| JAY J PHILLIPS | SECRETARY | 2 | — |
| HUTTON PHILLIPS | TREASURER | 2 | — |
Contact Information
Address: 18332 Minnetonka Boulevard Wayzata, MN 55391-3232
Phone: 612-455-8101
EIN: 20-2041201
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Spicola Family Foundation
MINNETONKA, MN
Assets
—
Grants
3
Total Given
$410K
The Geyer Family Foundation
EDINA, MN
Assets
—
Grants
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Total Given
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Love 4 One Another Charities
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Assets
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Total Given
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Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
8
Total Given
$80K
Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
Grants
2
Total Given
$942K
Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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