The Phi Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $873K in total assets. In 2024, it awarded 7 grants totaling $86K. Net investment income was $24K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$873K
-6.6% YoY
Annual Giving
$86K
+90.6% YoY
Grant Count
7
+75.0% YoY
Avg Grant Size
$12K
+8.9% YoY
About The Phi Foundation
Based on IRS filings
The Phi Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PHILADELPHIA, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $873K in total assets. In 2024, it awarded 7 grants totaling $86K. Net investment income was $24K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $872,581 | $933,958 | $976,084 |
| Revenue | $28,850 | $22,037 | $13,159 |
| Expenses | $90,227 | $60,865 | $35,571 |
| Qualifying Distributions | $85,750 | $45,000 | $30,000 |
| Net Investment Income | $24,373 | $7,501 | $11,170 |
| Distributable Amount | $58,427 | $52,144 | $49,487 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
19 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 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PAUL G MORRISSEY | PRESIDENT/ DIRECTOR | 2 | — |
| PAUL DIIORIO | DIRECTOR | 2 | — |
| TIRENEY KELLY | DIRECTOR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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