Phase Two Cebu
Preselected recipients only
Phase Two Cebu is a private foundation in Cambridge, Minnesota. In tax year 2025 it gave $190,000 in 1 grant; the typical grant was $190,000 and the largest $190,000. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2025.
- Grants paid, 2025$190,000
- Number of grants1
- Typical grant$190,000
- Largest grant$190,000
- Assets$104,906
- New grantees100%
Giving in 2025 was up from $80,000 the year before.
100% of its 2025 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $172,843 | 1 | $122,576 |
| 2024 | $80,000 | 1 | $139,191 |
| 2025 | $190,000 | 1 | $104,906 |
How to apply
Phase Two Cebu says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What Phase Two Cebu funds
Grants paid in 2025
| Recipient | Purpose | Amount |
|---|---|---|
| Phase Two Cebu Group Inc | For Assistance in Construction of Low Cost Housing | $190,000 |
Officers and trustees
- Paul H Reasoner
- Shari Reasoner
- Ruth Lunde
- Michelle Turner
- Roger D Madison
- Joel Reasoner
Questions people ask
Does Phase Two Cebu accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Phase Two Cebu give?
$190,000 in tax year 2025, across 1 grant, with a typical grant of $190,000.
Who runs Phase Two Cebu?
Its 2025 filing lists Paul H Reasoner (President), Shari Reasoner (Vice President), Ruth Lunde (Treasurer) and Michelle Turner (Secretary) among 6 officers and trustees.
What does Phase Two Cebu fund?
Based on its grants, mainly housing and homelessness and international.