The Phelan Foundation
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.
Key facts about The Phelan Foundation
- EIN
- 11-3531781
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $1,097,315
- Grants made (2023)
- 4
- Average grant
- $274,329
- Median grant
- $325,000
- Primary geography
- New York (41% of itemized 2023 grant dollars)
Data from IRS Form 990-PF, 2023; updated September 2026.
Who The Phelan Foundation funds
By grant dollars, the top recipient states for The Phelan Foundation's 4 itemized 2023 grants were New York (41%), California (30%) and Idaho (30%). 100% of grants with a stated purpose were for general or operating support.
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.
Next steps with The Phelan Foundation
- How to evaluate The Phelan Foundation as a funder
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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
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.
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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 4 itemized 2023 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2023
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
Among its reported 2023 grants, the largest recipients include Bank of America Charitable Gift Fund ($325,000), Tides Foundation ($325,000), Fidelity Investments Charitable Gift Fund ($325,000).
| 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 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2023 IRS 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
Frequently Asked Questions
What is The Phelan Foundation?
The Phelan Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in New York, NY. It holds — in total assets as of 2023.
Where does The Phelan Foundation operate?
The Phelan Foundation has awarded grants in California, Idaho, New York.
What size grants does The Phelan Foundation award?
In 2023, The Phelan Foundation awarded 4 grants totaling $1.1M — an average of about $274K per grant, based on its IRS Form 990 filings.
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.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.