Philene Foundation

Organization Overview

Philene Foundation is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Philene Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Philene Foundation generated $42.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $119.1k during the year ending 12/2021. While expenses have increased by 4.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Philene Foundation has awarded 208 individual grants totaling $638,607. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $19
Dividends & Interest $23,979
Net Rental Income$0
Net Gain on Sale of Assets $17,074
Capital Gain Net Income $17,074
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $946
Total Revenue $42,018

Grants Awarded

Over the last fiscal year, Philene Foundation has awarded $116,250 in support to 21 organizations.

Grant RecipientAmount

TRUSTEES OF MOUNT HOLYOKE COLLEGE

Org PageRecipient Profile

South Hadley, MA

PURPOSE: EDUCATION

$25,000

LAKES ENVIRONMENT ASSOCIATION

Org PageRecipient Profile

Bridgton, ME

PURPOSE: GENERAL

$10,000

CHOATE ROSEMARY HALL

PURPOSE: EDUCATION

$10,000

ARCHEOLOGICAL INSTITUTE OF AMERICA

PURPOSE: EDUCATION

$10,000

AMERICAN KIDNEY FUND

PURPOSE: GENERAL

$10,000

Brunswick, ME

PURPOSE: EDUCATION

$10,000
View Grant Profile

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