The Phelan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2023. In 2023, it awarded 4 grants totaling $1.1M. Net investment income was $27K.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$1.1M
+13616.4% YoY
Grant Count
4
+300.0% YoY
Avg Grant Size
$274K
+3329.1% YoY
About The Phelan Foundation
Based on IRS filings
The Phelan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2023. In 2023, it awarded 4 grants totaling $1.1M. Net investment income was $27K.
Focus Areas
Ready to take the next step with The Phelan Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | — | $1,093,751 | $4,448 |
| Revenue | $29,191 | $114,296 | $1 |
| Expenses | $1,122,942 | $19,930 | $15,631 |
| Qualifying Distributions | $1,120,435 | $18,757 | $14,736 |
| Net Investment Income | $26,685 | $3,203 | — |
| Distributable Amount | $42,434 | $53,356 | $623 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2023
Grant Size Distribution
12 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 2023 IRS filing
From 2023 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK PHELAN | PRESIDENT | 20 | — |
| DONALD M SCHAEFFER | VICE PRESIDENT | 5 | — |
| MARIA R FIGLIOZZI | SECRETARY | 5 | — |
| NURIJE MAXHUNI | TREASURER | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Launa Beuhler Foundation for
BROOKLYN, NY
Assets
$2K
Grants
4
Total Given
$20K
Uw E J Madden Mem Open Hearts Club 10-214880
NEW YORK, NY
Assets
$1.3M
Grants
1
Total Given
$307K
Hindy's Foundation
BROOKLYN, NY
Assets
$142K
Grants
8
Total Given
$225K
Jeanne & Thomas Hardy Family Foundation
NEW YORK, NY
Assets
$3K
Grants
3
Total Given
$3K
Ramsleg Foundation
BRIGHTWATERS, NY
Assets
$543
Grants
1
Total Given
$500
Druckenmiller Foundation
NEW YORK, NY
Assets
$1.8B
Grants
58
Total Given
$135.7M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with The Phelan Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities