Sleeping Phoenix Foundation

Private foundation · Grantmaker New York, NY EIN: 87-4513865

Sleeping Phoenix Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $56.7M in total assets. In 2024, it made $11K in qualifying distributions. Net investment income was $1.9M.

Key facts about Sleeping Phoenix Foundation

EIN
87-4513865
Latest 990 filing
Form 990-PF, 2024
Total assets
$56,745,991

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$56.7M

+3.4% YoY

Revenue

$2.2M

-4.9% YoY

Qualifying Distributions

$11K

-97.9% YoY

Expenses

$351K

-60.6% YoY

Under IRS private-foundation payout rules, Sleeping Phoenix Foundation reported a distributable amount of $3.2M for 2024 — the minimum it must pay out in qualifying distributions.

How Sleeping Phoenix Foundation gives

  • In 2024 it paid out 0% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Bronx

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K0 grants2022 1 grant2023 0 grants2024

In 2023 it made 1 grant totaling $500K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

<$50K$50–100K$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was in the $500K–1M range: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$20M$40M$60M2022 2023 2024
Metric202420232022
Total Assets$56,745,991$54,899,230$53,476,280
Revenue$2,200,052$2,314,174$53,487,179
Expenses$350,843$891,224$10,899
Qualifying Distributions$11,148$524,295$5,450
Net Investment Income$1,902,929$1,974,972$482,463
Distributable Amount$3,161,735$2,842,917$326,870

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

Sleeping Phoenix Foundation is led by Kathryn Jaharis, Director, President & Secretary since 2023 (on filings since 2022); none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Kathryn Jaharis

    Director, President & Secretary

    Director → Director, President & Secretary, 2023

    On filings since 2022

    1 hr/week

    No compensation reported

  • Stephen Martiros

    Treasurer

    On filings since 2023

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2022–2024. "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 Sleeping Phoenix Foundation

How large is Sleeping Phoenix Foundation?

Sleeping Phoenix Foundation reported $56.7M in total assets on its 2024 IRS Form 990-PF. It paid out $11K in qualifying distributions that year, against a required minimum of $3.2M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Sleeping Phoenix Foundation operate?

Sleeping Phoenix Foundation has awarded grants in New York.

What is Sleeping Phoenix Foundation's EIN?

Sleeping Phoenix Foundation's EIN (Employer Identification Number) is 87-4513865. IRS Form 990 filing data is available on this page for 2022–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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