//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Philotimo Foundation is a private corporation based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 2012. It holds total assets of $41K. Annual income is reported at $338K. Total assets have grown from N/A in 2011 to $50K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Minnesota and New York. According to available records, Philotimo Foundation has made 60 grants totaling $2.3M, with a median grant of $25K. The foundation has distributed between $460K and $1.3M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $1.3M distributed across 34 grants. Individual grants have ranged from $3K to $140K, with an average award of $38K. The foundation has supported 25 unique organizations. The foundation primarily supports organizations in Minnesota, New York, Virginia, which account for 73% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$20K
Average Grant
$39K
Largest Grant
$140K
Based on 17 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Philotimo Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 60 grants. Its grantmaking reaches organizations primarily in MN, NY, VA.
Philotimo Foundation has distributed a total of $2.3M across 60 grants. The median grant size is $25K, with an average of $38K. Individual grants have ranged from $3K to $140K.
Philotimo Foundation typically selects its grantees rather than accepting unsolicited proposals.
Philotimo Foundation is headquartered in MINNEAPOLIS, MN. While based in MN, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Emily Cargill | SECRETARY | $0 | $0 | N/A |
| Richard Cargill | PRESIDENT/TREASURER | $0 | $0 | N/A |
Total Giving
$463K
Total Assets
$50K
Fair Market Value
$50K
Net Worth
$50K
Grants Paid
$461K
Contributions
$463K
Net Investment Income
N/A
Distribution Amount
$2K
Total Grants
60
Total Giving
$2.3M
Average Grant
$38K
Median Grant
$25K
Unique Recipients
25
Most Common Grant
$70K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Common HopeGENERAL SUPPORT | St Paul, MN | $70K | 2023 |
| Harlem Children'S ZoneGENERAL SUPPORT | New York, NY | $70K | 2023 |
| Evergreen Climate InnovationsGENERAL SUPPORT | Chicago, IL | $70K | 2023 |
| Nature ConservancyGENERAL SUPPORT | Arlington, VA | $50K | 2023 |
| University Of Minnesota Department Of Earth SciencesGRANT FOR SUPPORT OF EARHT SCIENCE PROGRAMS | Minneapolis, MN | $40K | 2023 |
| Agamim Classical AcademyGENERAL SUPPORT | Minneapolis, MN | $35K | 2023 |
| International Rescue CommitteeGENERAL SUPPORT | New York, NY | $25K | 2023 |
| Together For GoodGENERAL SUPPORT | St Paul, MN | $25K | 2023 |
| Innovation For Poverty ActionGENERAL SUPPORT | New York, NY | $25K | 2023 |
| Minnesota Off-Road CyclistsGENERAL SUPPORT | Minneapolis, MN | $20K | 2023 |
| Anselm HouseGENERAL SUPPORT | Minneapolis, MN | $10K | 2023 |
| Johns Hopkins Center For Gun Violence Prevention And PolicyGENERAL SUPPORT | Baltimore, MD | $5K | 2023 |
| Three Rivers Park District FoundationGENERAL SUPPORT | Plymouth, MN | $5K | 2023 |
| Literacy MinnesotaGENERAL SUPPORT | St Paul, MN | $5K | 2023 |
| Children & Nature NetworkGENERAL SUPPORT | Roseville, MN | $3K | 2023 |
| Arrive MinistriesGENERAL SUPPORT | Richfield, MN | $3K | 2023 |
| Harvesting In SpanishGENERAL SUPPORT | Murfreesboro, TN | $110K | 2022 |
| Evergreen ChurchGENERAL SUPPORT | Bloomington, MN | $70K | 2022 |
| Clean Energy TrustGENERAL SUPPORT | Chicago, IL | $70K | 2022 |
| International Rescue CommitteGENERAL SUPPORT | New York, NY | $25K | 2022 |
| Care Of Creation IncGENERAL SUPPORT | Madison, WI | $20K | 2022 |
| Training Leaders InternationalGENERAL SUPPORT | Minneapolis, MN | $8K | 2022 |
| Children Of Nature NetworkGENERAL SUPPORT | Roseville, MN | $3K | 2022 |
| Coalition To Stop Gun ViolenceGENERAL SUPPORT | Washington, DC | $3K | 2022 |