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Phoebus Fund is a private trust based in SHELBURNE, VT. The foundation received its IRS ruling in 1987. The principal officer is Dana Valentine. It holds total assets of $1.7M. Annual income is reported at $36K. Total assets have grown from $1.1M in 2010 to $1.4M in 2022. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Phoebus Fund has made 4 grants totaling $283K, with a median grant of $70K. The foundation has distributed between $66K and $77K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $77K distributed across 1 grants. Individual grants have ranged from $66K to $77K, with an average award of $71K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Pennsylvania. Contributions to this foundation are tax-deductible.
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.
Phoebus Fund is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in PA.
Phoebus Fund has distributed a total of $283K across 4 grants. The median grant size is $70K, with an average of $71K. Individual grants have ranged from $66K to $77K.
Phoebus Fund typically selects its grantees rather than accepting unsolicited proposals.
Phoebus Fund is headquartered in SHELBURNE, VT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Miles Smith | Trustee | $0 | $0 | N/A |
| Shelly Smith | Trustee | $0 | $0 | N/A |
| Dana Valentine | Trustee | $0 | $0 | N/A |
| B Tyson Smith | Trustee | $0 | $0 | N/A |
Total Giving
$78K
Total Assets
$1.4M
Fair Market Value
$1.4M
Net Worth
$1.4M
Grants Paid
$66K
Contributions
N/A
Net Investment Income
$34K
Distribution Amount
$69K
Total: N/A
Total Grants
4
Total Giving
$283K
Average Grant
$71K
Median Grant
$70K
Unique Recipients
2
Most Common Grant
$70K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bread Roses Community FundGeneral Support | Philadelphia, PA | $66K | 2023 |
| Bread & Roses Community FundGeneral Support | Philadelphia, PA | $77K | 2022 |
CRAFTSBURY CM, VT
STOWE, VT
MARLBORO, VT