Philotimo Foundation
Philotimo Foundation is a private foundation based in Minneapolis, Minnesota. Its 2025 filing reports 28 grants totaling $778,775, with most grant dollars going to organizations in Minnesota, New York, and Virginia.
Philotimo Foundation at a glance
In short: Philotimo Foundation gave $779K across 28 grants in 2025 (avg $28K), mostly in Minnesota. 33% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $778,775
- +126.2% vs 2024
- Grants made (2025)
- 28
- +64.7% vs 2024
- Average grant
- $27,813
- +37.3% vs 2024
- Median grant
- $10,000
- Total assets
- $46,847
- +13.7% vs 2024
- New grantees (estimate)
- 33% first-time grantees (9 of 27, 2025)
- Primary geography
- Minnesota (52% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Philotimo Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests and states that it contributes only to preselected charitable organizations. The filing lists Richard Cargill as the contact, says materials may be submitted in any reasonable form, and lists no restrictions on awards.
- Contact
Application contact: Richard Cargill
Mailing address: 111 3Rd Ave S Suite 270, Minneapolis, MN 55401
Phone: (612) 709-3325
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Philotimo Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Common Hope ($140K). Together the top 10 received $649K.
Grant Size Distribution
89 grants across all recorded years
The most common grant size was under $50K: 69 grants of 89 (78%).
Geographic Focus
Where this funder awards grants
In 2025, 52% of grant dollars went to recipients in Minnesota, 26% to New York, 16% to Virginia, 4% to Florida, and 1% to Maryland.
Grant Distribution by State
Share of 2025 grant dollars across all 28 itemized grants.
States
Cities
Is Philotimo Foundation open to new grantees?
33%
first-time grantees, 2025
In 2025, 9 of 27 grantees (33%) were first-time recipients. First grants averaged $20K; repeat grants $33K. How we count
Medians: $10K first-time, $12K repeat.
- 56% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+17%). Method
- In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $180K (2019) to $779K (2025). In 2025 it made 28 grants totaling $779K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Common Hope St. Paul, MN | General Support | $140,000 |
| Harlem Children's Zone New York, NY | General Support | $140,000 |
| Urban Refuge Church Minneapolis, MN | General Support | $70,000 |
| Nature Conservancy Arlington, VA | General Support | $60,000 |
| The Nature Conservancy Arlington, VA | General Support | $60,000 |
| International Rescue Committee New York, NY | General Support | $40,000 |
| Anselm House Minneapolis, MN | General Support | $35,000 |
| Hope Academy Minneapolis, MN | General Support | $30,000 |
| Campus Crusade Orlando, FL | General Support | $29,000 |
| Innovation for Poverty Action New York, NY | General Support | $25,000 |
Ready to take the next step with Philotimo Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Distributable Amount |
|---|---|---|---|---|---|---|---|
| 2025 | $46,847 | $786,527 | $780,889 | $778,775 | 28 | $780,889 | $250 |
| 2024 | $41,209 | $337,942 | $346,558 | $344,340 | 17 | $345,376 | $400 |
| 2023 | $49,825 | $462,825 | $463,025 | $461,000 | 16 | $462,025 | $1,973 |
| 2022 | $50,025 | $500,575 | $668,325 | $666,500 | 17 | $667,425 | $2,479 |
| 2021 | $217,775 | $551,825 | $375,325 | $373,500 | 11 | $374,425 | $589 |
| 2020 | $41,275 | $500,000 | $461,875 | $460,000 | 10 | — | $164 |
| 2019 | $3,150 | $140,000 | $181,825 | $180,000 | 7 | — | $2,062 |
Under IRS private-foundation payout rules, Philotimo Foundation reported a distributable amount of $250 for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants include general support for organizations whose own missions span education, humanitarian response, conservation, refugee services, and faith-based work.
For example, Common Hope says it works with children and families in Guatemala through education, health care, and housing. The Nature Conservancy says its mission is to conserve the lands and waters on which life depends. The International Rescue Committee says it responds to humanitarian crises and helps people affected by conflict and disaster. Hope Academy describes itself as operating a K–12 classical Christian school in urban Minneapolis.
Grantmaking
In filing year 2025, the foundation gave 28 grants totaling $778,775. Grant amounts ranged from $2,000 to $140,000, with a median grant of $10,000. The largest reported awards included $140,000 each to Common Hope and Harlem Children’s Zone; $70,000 to Urban Refuge Church; $60,000 to the Nature Conservancy; and $40,000 to the International Rescue Committee. Other notable grants included $35,000 to Anselm House, $30,000 to Hope Academy, and $20,000 to the University of Minnesota Department of Earth Sciences for support of Earth Science programs.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Richard Cargill as president and treasurer and Emily Cargill as secretary.
Philotimo Foundation is led by Richard A. Cargill, President & Treasurer on every filing since 2019; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Richard A. Cargill
President & Treasurer
On filings since 2019
1 hr/week
No compensation reported
Emily C. Cargill
Secretary
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Philotimo Foundation
How much does Philotimo Foundation give each year?
Philotimo Foundation gave $779K across 28 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $344K across 17 grants.
What is Philotimo Foundation's typical grant size?
Philotimo Foundation's median grant in 2025 was $10,000, and its average grant was $27,813, across 28 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Philotimo Foundation that year got $20K on average.
Where does Philotimo Foundation give grants?
Philotimo Foundation gives mostly in Minnesota: 52% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (26%) and Virginia (16%). The most frequent recipient cities were Minneapolis, MN (8 grants), St. Paul, MN (6 grants), New York, NY (3 grants) and Arlington, VA (3 grants).
Does Philotimo Foundation give general operating support?
Yes: 96% of Philotimo Foundation's 2025 grants with a stated purpose (27 of 28) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Philotimo Foundation's largest grantees?
Philotimo Foundation's largest 2025 grantees include Common Hope ($140,000), Harlem Children's Zone ($140,000) and Nature Conservancy ($120,000 across 2 grants), according to its 2025 IRS Form 990-PF. Together they received 51% of its itemized 2025 grant dollars.
How large is Philotimo Foundation?
Philotimo Foundation reported $47K in total assets on its 2025 IRS Form 990-PF. It paid out $781K in qualifying distributions that year, against a required minimum of $250 (roughly 5% of its investment assets).
What does Philotimo Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants include general support for organizations whose own missions span education, humanitarian response, conservation, refugee services, and faith-based work. See mission & focus areas ↑
How do I apply for a grant from Philotimo Foundation?
The foundation does not accept unsolicited requests and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Philotimo Foundation's EIN?
Philotimo Foundation's EIN (Employer Identification Number) is 45-3914930. IRS Form 990 filing data is available on this page for 2019–2025.
Does Philotimo Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(8)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS March 4, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS March 3, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 24, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 15, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS June 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 5, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 8, 2026)
- IRS filings on file for fiscal years 2019–2024
Explore Open Grants
Browse active grant opportunities in Philotimo Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Philotimo Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/philotimo-foundation-morg_2bb25d3c7f384f34a2fb124755149c3e
BibTeX
@misc{grantable_453914930_2026,
author = {{Grantable}},
title = {{Philotimo Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/philotimo-foundation-morg_2bb25d3c7f384f34a2fb124755149c3e},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Philotimo Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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