Jay and Rose Phillips Family Foundation of Minnesota
ActivoPhilanthropy & VoluntarismFinancia Individuos
About Jay and Rose Phillips Family Foundation of Minnesota
To honor the legacy of its founders by supporting efforts that address the unmet human and social needs of individuals, families, and communities that have the least access to resources.
Focus Areas
Community developmentEconomic opportunityFinancial literacyEducation (post-secondary completion, scholarships)Employment and workforce development
Who They Fund
African American men (scholarship recipients)North Minneapolis residents / neighborhood-based communitiesyouth and young adults (including students and interns)entrepreneurs and developers of colorformerly displaced/former Bell Lofts tenants (people seeking permanent housing)survivors of suicide attempts and people needing mental health supports
About Jay and Rose Phillips Family Foundation of Minnesota
The Jay and Rose Phillips Family Foundation of Minnesota uses large, repeated commitments to support scholarships for African American men, neighborhood real estate work, and community-led services for people with the least access to resources. One of the clearest signals is the Eddie Phillips Scholarship for African American Men, which appears in multiple recent awards through the Minnesota Private College Fund, including a $237,500 grant in 2025 and $220,000 grants tied to 2023–2025 and 2024–2026 cohorts. The foundation also backs place-based development through The Minneapolis Foundation, including the Phillips Northside Real Estate Advisory Committee Special Purpose Fund at $195,687 in 2025 and the Phillips Foundation Real Estate Advisory Committee at $197,000 in 2024. Beyond those anchors, its recent grants include operating support, capacity building, and program support across education, workforce development, housing stability, entrepreneurship, mental health, and community safety. The pattern reflects a funder that combines scholarship support with investments in organizations and initiatives serving Minnesota communities, especially in and around the Twin Cities.
What Jay and Rose Phillips Family Foundation of Minnesota Funds
Education and completion show up through scholarship and post-secondary support. The Minnesota Private College Fund received $110,000 in both 2024 and 2025 for the Phillips Scholars Program, alongside the larger Eddie Phillips scholarship awards for African American men. In workforce development, the foundation gave $50,000 to South Bay Center for Counseling for the Energy Pathways Program, and $128,520 to Achieve Twin Cities for Genius and Joy, covering educator stipends and administrative costs. Community development and neighborhood stabilization are also visible. The Minneapolis Foundation received $100,000 for the Jay and Rose Phillips Family Foundation Real Estate Developers Fund, while Fortis Capital received $150,000 for capacity building support for lending capital and operations. The foundation also supports entrepreneurship: ConnectUP Institute received $50,000 for Supporting Entrepreneurs in North Minneapolis.
How Jay and Rose Phillips Family Foundation of Minnesota Gives
Typical grant size clusters around a median of $10,000, with the 25th percentile at $5,000 and the 75th percentile at $15,000, while the recent grants list also includes larger, program-level awards. Several recipients appear across multiple years, including Minnesota Private College Fund, The Minneapolis Foundation, Minneapolis Jewish Federation, and Women in Non Traditional Employment Roles, indicating recurring relationships rather than one-off support. The foundation is a regular funder with a foundation-wide grantmaking structure, and it also funds individuals through scholarships. Application mode is mixed in the program descriptions: some programs do not accept unsolicited requests, while Competitive Minnesota-directed Grants and the Phillips Sectoral Employment Initiative VISTA Program are listed as accepting unsolicited applications.
Financial Snapshot
Annual Giving
$5.1M
Total Assets
$62.3M
Total Revenue
$3.8M
Total Expenses
$4.2M
Typical Grant Size
Most grants fall between $5K and $15K, with a median of $10K.
25th Percentile
$5K
Median
$10K
75th Percentile
$15K
Geographic Reach
Regional11 states funded
About 61% of grants go to recipients in OR.
Intensidad de financiamiento
BajaAlta
Sede
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