The Jay and Rose Phillips Family logo

The Jay and Rose Phillips Family

MINNEAPOLIS, MN EIN: 27-4196509 Website

The Jay and Rose Phillips Family Foundation of Minnesota is a private foundation based in Minneapolis, Minnesota. Established in 2011, the foundation represents the continuation of philanthropic work begun by Jay and Rose Phillips in 1944. The foundation invests in community development and social initiatives, with particular emphasis on supporting youth and economic opportunity in North Minneapolis.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$62.3M

-0.6% YoY

Annual Giving

$2.6M

+0.1% YoY

Grant Count

120

-1.6% YoY

Avg Grant Size

$21K

+1.8% YoY

Under IRS private-foundation payout rules, The Jay and Rose Phillips Family reported a distributable amount of $2.6M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

Mission: Giving to address the unmet human and social needs of individuals, families, and communities that have the least access to resources.

The foundation's current grantmaking strategy centers on supporting youth in North Minneapolis as they transition from high school to college and careers. Primary focus areas include:

  • Youth Development: Supporting young people ages 14 to 24 with career-relevant learning, mentoring and coaching, and leadership development opportunities
  • Education: Expanding access to high-quality childcare for working families and helping high school students transition to post-secondary options
  • Employment: Helping low-income individuals advance toward stable, living-wage careers
  • Housing: Helping low-income individuals access quality affordable housing
  • Transit: Helping low-income individuals access affordable transportation

Grantmaking

Grant Range

s:** Typical awards range from $30,000 to $250,000.

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Geographic Focus

Where this funder awards grants

The foundation primarily funds in Minnesota, with particular emphasis on North Minneapolis and the Twin Cities metropolitan region. Secondary funding regions include California and New York.

Grant Distribution by State

15states
+7 more states

Cities

AddisonAnn ArborBeverly HillsBloomingtonBoulderBronkBronxBrooklyn CenterBrooklyn ParkChicagoCliftonCollegevilleCoral GablesCulver CityDallasEtnaFishersGolden ValleyHopkinsKansas City

Financial History

Multi-year comparison from IRS filings

Metric Amount
Total Assets $62,285,666
Total Giving (2024) $2,573,487
Total Revenue (2023) $3,065,026
Total Expenses (2023) $4,599,015
Total Assets (2023) $62,635,549
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$7M$10M$13M20202021202220232024
Metric202420232022
Total Assets$62,285,666$62,635,549$64,360,055
Revenue$3,849,527$3,065,026$2,831,209
Expenses$4,179,922$4,599,015$4,712,767
Qualifying Distributions$3,603,851$3,973,223$4,531,803
Net Investment Income$3,270,848$2,378,077$2,745,391
Distributable Amount$2,575,454$2,656,483$2,802,981

Giving Over Time

Total grant dollars and number of grants per year

$0$869K$2M$3M$3M1 grants2020119 grants2021110 grants2022122 grants2023120 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MINNESOTA PRIVATE COLLEG…$238KMINNESOTA PRIVATE COLLEG…$220KTHE MINNEAPOLIS FOUNDATION$196KMINNESOTA PRIVATE COLLEG…$110KMINNEAPOLIS JEWISH FEDER…$100KTHE MINNEAPOLIS FOUNDATION$100KTHE MINNEAPOLIS FOUNDATION$100KWOMEN IN NON TRADITIONAL…$65KPROJECT DIVA$55KTHE MINNEAPOLIS FOUNDATION$50K

Grant Size Distribution

201 grants across all recorded years

182<$50K7$50–100K10$100–250K1$250–500K$500K–1M1$1–5M$5M+

Open Grants

1 open opportunity from The Jay and Rose Phillips Family

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Minnesota Private College Fund ($237,500), Minnesota Private College Fund ($220,000), The Minneapolis Foundation ($195,687).

RecipientPurposeAmount
A BETTER CHICAGO CHICAGO, ILGENERAL OPERATING SUPPORT$25,000
PROJECT DIVA MINNEAPOLIS, MNFOR A GIRLS' EMPOWERMENT OUTING AT STEM NIGHT AT MN LYNX GAME$1,000
PROJECT DIVA MINNEAPOLIS, MNPLEASE SEE GRANT AGREEMENT LETTER$55,000
PROJECT ANGEL FOOD LOS ANGELES, CAGENERAL OPERATING SUPPORT$2,500
PLANNED PARENTHOOD NORTH CENTRAL STATES ST PAUL, MNADVANCING HEALTH EQUITY THROUGH SEXUAL AND REPRODUCTIVE HEALTH CARE - 573991$25,000
PLANNED PARENTHOOD LOS ANGELES LOS ANGELES, CAGENERAL OPERATING SUPPORT$20,000
PILLSBURY UNITED COMMUNITIES N MINNEAPOLIS, MNNORTH NEWS - 523344$35,000
PILLSBURY UNITED COMMUNITIES MINNEAPOLIS, MNJOURNALISM INTERNSHIPS$20,000
PER SCHOLAS BRONK, NYGENERAL OPERATING SUPPORT$4,000
PARENTS FAMILIES AND FRIENDS OF LESBIANS AND GAYS INC WASHINGTON, DCGENERAL OPERATING SUPPORT$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • Patrick Troska – Principal Officer
  • Dean Phillips – Trustee
  • Jeanne Phillips – Trustee

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RT RYBAKPRESIDENT2
TYLER PHILLIPSTREASURER2
DEAN PHILLIPSCO-CHAIR2
JEANNE PHILLIPSCO-CHAIR2
HUTTON PHILLIPSBOARD MEMBER2

Recent News & Activity

Recent developments and announcements

The foundation has announced a strategic shift in its grantmaking approach. While economic development has been an important part of its efforts historically, the foundation is entering a new phase with focus centered on young people in North Minneapolis. Recent grant announcements highlight the foundation's commitment to supporting nonprofits and schools that help young people shape their futures in high school and beyond.

New Grants Champion North Minneapolis Youth \u2013 The Jay & Rose Phillips\

Contact Information

Website: www.phillipsfamilymn.org

Address: 800 IDS Center, 80 S 8th Street, Minneapolis, MN 55402

Phone: (612) 672-3878

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Jay and Rose Phillips Family fund?

**Mission:** Giving to address the unmet human and social needs of individuals, families, and communities that have the least access to resources. The foundation's current grantmaking strategy centers on supporting youth in North Minneapolis as they transition from high school to college and careers. Primary focus areas include: • **Youth Development:** Supporting young people ages 14 to 24 with career-relevant learning, mentoring and coaching, and leadership development opportunities • **Educa…

How do I apply for a grant from The Jay and Rose Phillips Family?

**Grant Sizes:** Typical awards range from $30,000 to $250,000. **Recent Activity:** The foundation awarded more than $800,000 in grants to 19 nonprofits and schools supporting young people in North Minneapolis. **Programs:** • **Northside Youth Opportunities:** Grants to organizations serving Northside youth ages 14 to 24, providing career-relevant learning, mentoring, coaching, and leadership development opportunities. • **Phillips Scholars Program:** Offers needs-based scholarships for stude…

Where does The Jay and Rose Phillips Family make grants?

The foundation primarily funds in Minnesota, with particular emphasis on North Minneapolis and the Twin Cities metropolitan region. Secondary funding regions include California and New York.

What size grants does The Jay and Rose Phillips Family award?

In 2024, The Jay and Rose Phillips Family awarded 120 grants totaling $2.6M — an average of about $21K per grant, based on its IRS Form 990 filings.

How much is The Jay and Rose Phillips Family required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Jay and Rose Phillips Family reported a distributable amount of $2.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Jay and Rose Phillips Family's EIN?

The Jay and Rose Phillips Family's EIN (Employer Identification Number) is 27-4196509. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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