Phase Two Cebu is a private foundation focused on Housing & Shelter, based in CAMBRIDGE, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $139K in total assets. In 2024, it awarded 1 grants totaling $80K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$139K
+13.6% YoY
Annual Giving
$80K
-53.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$80K
-53.7% YoY
About Phase Two Cebu
Based on IRS filings
Phase Two Cebu is a private foundation focused on Housing & Shelter, based in CAMBRIDGE, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $139K in total assets. In 2024, it awarded 1 grants totaling $80K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $139,191 | $122,576 | $180,761 |
| Revenue | $175,691 | $145,562 | $127,226 |
| Expenses | $159,076 | $203,747 | $125,061 |
| Qualifying Distributions | $157,138 | $202,087 | $111,593 |
| Net Investment Income | — | — | — |
| Distributable Amount | $7,249 | $6,037 | $8,849 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Paul H Reasoner | President | 15 | — |
| Shari Reasoner | Vice President | 15 | — |
| Ruth Lunde | Treasurer | 5 | — |
| Michelle Turner | Secretary | 5 | — |
| Roger D Madison | Chairman | 5 | — |
| Joel Reasoner | Executive Director | 40 | $36,050 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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