The Phileona Foundation

MINNEAPOLIS, MN EIN: 41-1763225

The Phileona Foundation is a private foundation based in Minneapolis, Minnesota, established in 1993. As a 501(c)(3) organization, it operates as a family foundation with tax-exempt status since February 1994. The foundation manages substantial assets and distributes grants to charitable organizations across the United States.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$1.5M

+39.1% YoY

Grant Count

53

-17.2% YoY

Avg Grant Size

$29K

+68.0% YoY

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

Mission & Focus Areas

The foundation's primary giving focuses on the arts, as well as education and human services. The foundation does not specify particular subject areas of focus but has demonstrated support across diverse charitable causes.

Grantmaking

The Phileona Foundation is an active grantmaker with significant annual distribution activity. In the most recent fiscal year (ending September 2024), the foundation made 67 grants totaling approximately $1.39 million. Notable recent grants include:

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Geographic Focus

Where this funder awards grants

The Phileona Foundation funds projects across multiple U.S. states and cities, with documented giving in California, Colorado, Connecticut, Delaware, Florida, Georgia, Illinois, Maryland, Massachusetts, Minnesota, Missouri, New Jersey, New York, Ohio, Rhode Island, Texas, Vermont, and Washington.

Grant Distribution by State

20states
+12 more states

Cities

AFTONANNANDALEAVONBAYPORTBELLBLAINEBLOOMINGTONBOCA RATONBOSTONBRONXBROOKLYNBURLINGTONCLEVELANDCORAL GABLESDAVIEDENVERDUARTEEDEN PRAIRIEFORT LAUDERDALEFRANKLIN

Financial History

Multi-year comparison from IRS filings

Assets: $20.5 million (as of September 2024)

Annual Revenue: $839,000 (fiscal year 2024)

Annual Expenses: $1.55 million (fiscal year 2024)

Total Liabilities: $0 (fiscal year 2024)

Investment Income: $762,024 (fiscal year 2024)

The foundation's assets have grown 2.6% from the previous year, with total assets reaching $21.2 million.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.1201920202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$466K$931K$1M$2M57 grants201967 grants202079 grants202196 grants202264 grants202353 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MINNEAPOLIS JEWISH FEDER…$541KMISSION ANIMAL HOSPITAL$530KTEMPLE ISRAEL$90KJEWISH FEDERATION OF BRO…$50KTHE PUBLIC THEATER$50KMERIT SPREAD FUNDS$25KREEF RENEWAL USA$25KGUTHRIE THEATER FOUNDATION$20KINDIGENOUS PEOPLES TASK …$20KPLANNED PARENTHOOD$20K

Grant Size Distribution

250 grants across all recorded years

224<$50K15$50–100K8$100–250K1$250–500K2$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

David Miller serves as Director of the foundation. The foundation's leadership team operates on a voluntary basis without compensation.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MD MILLERCHAIRMAN1
MJ MILLERDIRECTOR1
DJ MILLERDIRECTOR1
SL MILLERDIRECTOR1
T SLEDDDIRECTOR1
SD MILLERDIRECTOR1

Contact Information

Address: 1113 E Hennepin Ave, Minneapolis, MN 55414

Telephone: 612-801-8020

Related Funders

Similar funders by location and focus area

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

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