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Minnesota · Nonprofit

PHIA T XIONG & JEFF D SPENCER FOUNDATION

PHIA T XIONG & JEFF D SPENCER FOUNDATION (Minnesota) receives grants from 1 organization whose IRS filings report $2,981,865 to it, the largest being HEARTH CONNECTION ($2,981,865). 1 of them have funded it in more than one year.

Revenue FY2024
$1.2M
Funders on record
1
Grants received
$3.0M
Net assets
$15k
1/1 repeat fundersgrants exceed reported revenue in one year
01What it does

What Phia T Xiong & Jeff D Spencer Foundation does

Program

  1. Phia t xiong and jeff d spencer foundation's mission is to promote the social welfare of persons residing in the seven-county minnesota metro area by collaborating, increasing and expanding community partners. Providing services, supports and resources to relief of the poor, aged and disabled individuals and/or families.

    $1,093,040 spent

The program described on its FY2024 Form 990-PF.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20222022 Revenue 100 ($37k) Expenses 0 ($0) Net assets 100 ($37k)2023 Revenue 2905 ($1.1M) Expenses 100 ($1.1M) Net assets 14 ($5k)2024 Revenue 3334 ($1.2M) Expenses 104 ($1.2M) Net assets 40 ($15k)
202220232024
Revenue (3334)Expenses (104)Net assets (40)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $37k to $161k (+333%).

$37k
$161k
$177k
202220232024
Total assetsTotal liabilities

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202220232024
Listed333
Joined·+0+0
No longer listed·00
03Who funds it

Who funds it, year by year

2022 → 2023: the base held at 1 funder, grant income rose $902k → $953k.

Funder
'22
'23
'24*
total
Hearth Connectionunclassified
$3.0M
funders
1
1
1

From the IRS filings of PHIA T XIONG & JEFF D SPENCER FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of PHIA T XIONG & JEFF D SPENCER FOUNDATION's grant income comes from Minnesota funders.

MN

In-state vs out-of-state, by year

’22
’23
Minnesota out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

PHIA T XIONG & JEFF D SPENCER FOUNDATION's funding has concentrated — grant income rose while the number of funders held roughly flat.

Months of reserve0.9mo · bottom quartile
Revenue growth (annualized)477% · outside the comparable range

this organization peer median middle 50% of peers· 2,910 philanthropy nonprofits $1M–$10M, FY2024

Organizations like PHIA T XIONG & JEFF D SPENCER FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for PHIA T XIONG & JEFF D SPENCER FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds PHIA T XIONG & JEFF D SPENCER FOUNDATION?
PHIA T XIONG & JEFF D SPENCER FOUNDATION (Minnesota) receives grants from 1 organization whose IRS filings report $2,981,865 to it, the largest being HEARTH CONNECTION ($2,981,865). 1 of them have funded it in more than one year.
How many funders does PHIA T XIONG & JEFF D SPENCER FOUNDATION have?
IRS filings report 1 organization giving $2,981,865 in grants to PHIA T XIONG & JEFF D SPENCER FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of PHIA T XIONG & JEFF D SPENCER FOUNDATION?
HEARTH CONNECTION is the largest funder on record, with $2,981,865 in grants. The full list of funders is on this page.
How can an organization like PHIA T XIONG & JEFF D SPENCER FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Phia T Xiong & Jeff D Spencer →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2022–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing