The Philip Devon Family Fdn Inc

Private foundation · Grantmaker Charlottesville, VA EIN: 13-3498743

The Philip Devon Family Fdn Inc is a private foundation, based in Charlottesville, VA. IRS filing data is available from 2019 through 2023. In 2023, it awarded 2 grants totaling $429K. Net investment income was $1K.

Key facts about The Philip Devon Family Fdn Inc

In short: The Philip Devon Family Fdn Inc gave $429K across 2 grants in 2023 (avg $214K), mostly in California. Source: 2023 IRS Form 990-PF.

EIN
13-3498743
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$428,682
Grants made (2023)
2
Average grant
$214,341
Median grant
$214,341
Primary geography
California (75% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated September 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$429K

+7694.2% YoY

Grant Count

2

-66.7% YoY

Avg Grant Size

$214K

+23282.7% YoY

Under IRS private-foundation payout rules, The Philip Devon Family Fdn Inc reported a distributable amount of $20K for 2023 — the minimum it must pay out in qualifying distributions.

How The Philip Devon Family Fdn Inc gives

  • Giving grew 1724% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

10states

Share of 2023 grant dollars across all 2 itemized grants.

Cities

PhiladelphiaNew YorkWashingtonAlbert LeaCold SpringHagerstownLos AngelesSan DiegoSanta BarbaraBostonDallasTakoma ParkArlingtonBaltimoreSan FranciscoSoutheastern

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K20 grants2019 23 grants2020 16 grants2021 6 grants2022 2 grants2023

From 2019 to 2023, annual grant giving ranged from $6K (2022) to $429K (2023). In 2023 it made 2 grants totaling $429K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2023

Schwab Charitable Fund: $322KSchwab Charitable Fund$322KVanguard Charitable Endowment: $107KVanguard Charitable Endowment$107K

The largest 2023 recipient was Schwab Charitable Fund ($322K). Together the top 2 received $429K.

Grant Size Distribution

67 grants across all recorded years

65<$50K$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 65 grants of 67 (97%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Schwab Charitable Fund San Francisco, CAGeneral$321,511
Vanguard Charitable Endowment Southeastern, PAGeneral$107,171

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K2019 2020 2021 2022 2023
Metric202320222021
Total Assets—$97,972$93,329
Revenue$331,611$11,963$3,836
Expenses$429,583$7,320$17,674
Qualifying Distributions$428,682$5,500$17,500
Net Investment Income$1,213$9,316$6,088
Distributable Amount$19,876$20,559$22,265

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS February 21, 2020)
  2. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Officers and directors from IRS filings

The Philip Devon Family Fdn Inc's 2023 filing lists 3 officers; none of the 3 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Dana Devon

    Director

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Dwight Devon

    Director

    On filings since 2019

    0.1 hrs/week

    No compensation reported

  • Patrick J. Costello

    Director

    On filings since 2019

    0.1 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2023. "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 Philip Devon Family Fdn Inc

How much does The Philip Devon Family Fdn Inc give each year?

The Philip Devon Family Fdn Inc gave $429K across 2 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $6K across 6 grants.

Where does The Philip Devon Family Fdn Inc operate?

The Philip Devon Family Fdn Inc has awarded grants in California, District of Columbia, Kentucky, Massachusetts, Maryland, Minnesota, New York, Pennsylvania, Texas, Virginia.

How much is The Philip Devon Family Fdn Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2023, The Philip Devon Family Fdn Inc reported a distributable amount of $20K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Philip Devon Family Fdn Inc's EIN?

The Philip Devon Family Fdn Inc's EIN (Employer Identification Number) is 13-3498743. IRS Form 990 filing data is available on this page for 2019–2023.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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