The Phelan Foundation
The Phelan Foundation is a private foundation, 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.
The Phelan Foundation at a glance
In short: The Phelan Foundation gave $1.1M across 4 grants in 2023 (avg $274K), top state New York. Source: 2023 IRS Form 990-PF.
- Annual giving (2023)
- $1,097,315
- +13616.4% vs 2022
- Grants made (2023)
- 4
- +300.0% vs 2022
- Average grant
- $274,329
- +3329.1% vs 2022
- Median grant
- $325,000
- Primary geography
- New York (41% of itemized 2023 grant dollars)
- Latest 990 filing
- Form 990-PF, 2023 View filing
Data from IRS Form 990-PF, 2023; updated September 2026.
Who The Phelan Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2023
The largest 2023 recipient was Bank of America Charitable Gift Fund ($325K). Together the top 4 received $1.1M.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 7 grants of 12 (58%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 4 itemized grants.
States
Cities
How The Phelan Foundation gives
- Giving grew 971% from 2020 to 2023. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2023, annual grant giving ranged from $7K (2021) to $1.1M (2023). In 2023 it made 4 grants totaling $1.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bank of America Charitable Gift Fund Chappaqua, NY | General Charitable Funding | $325,000 |
| Tides Foundation Tiburon, CA | General Charitable Funding | $325,000 |
| Fidelity Investments Charitable Gift Fund Salmon, ID | General Charitable Funding | $325,000 |
| St Pius X Plainview, NY | General Charitable Funding | $122,315 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2023 | — | $29,191 | $1,122,942 | $1,097,315 | 4 | $1,120,435 | $26,685 | $42,434 |
| 2022 | $1,093,751 | $114,296 | $19,930 | $8,000 | 1 | $18,757 | $3,203 | $53,356 |
| 2021 | $999,385 | $995,088 | $15,781 | $6,500 | 2 | $14,871 | — | $29,236 |
| 2020 | $20,078 | $13 | $112,224 | $102,500 | 5 | — | — | $2,474 |
Under IRS private-foundation payout rules, The Phelan Foundation reported a distributable amount of $42K for 2023 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Phelan Foundation is led by Mark Phelan, President on every filing since 2020; none of the 4 officers listed in 2023 report compensation.
Officers on the 2023 filing
Mark Phelan
President
On filings since 2020
20 hrs/week
No compensation reported
Donald M. Schaeffer
Vice President
On filings since 2020
5 hrs/week
No compensation reported
Maria R. Figliozzi
Secretary
On filings since 2020
5 hrs/week
No compensation reported
Nurije Maxhuni
Treasurer
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2023. "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 The Phelan Foundation
How much does The Phelan Foundation give each year?
The Phelan Foundation gave $1.1M across 4 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $8K across 1 grant.
What is The Phelan Foundation's typical grant size?
The Phelan Foundation's median grant in 2023 was $325,000, and its average grant was $274,329, across 4 grants on its 2023 IRS Form 990-PF.
Where does The Phelan Foundation give grants?
The Phelan Foundation's top state is New York, with 41% of the grant dollars itemized on its 2023 IRS Form 990-PF. The next largest states were California (30%) and Idaho (30%).
Does The Phelan Foundation give general operating support?
Yes: 100% of The Phelan Foundation's 2023 grants with a stated purpose (4 of 4) were for general or operating support, per its 2023 IRS Form 990-PF.
How much is The Phelan Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2023, The Phelan Foundation reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Phelan Foundation's EIN?
The Phelan Foundation's EIN (Employer Identification Number) is 11-3531781. IRS Form 990 filing data is available on this page for 2020–2023.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 12, 2023)
- IRS filings on file for fiscal years 2020–2023
Live grants for the work The Phelan Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in The Phelan Foundation's focus areas in our free grants database
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