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Form 990-PFTax year 2025EIN 84-1797339

Phase Two Cebu

A private foundation in Cambridge, MN. Its return for tax year 2025 lists 1 grant and $190,000 paid in grants.

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Tax year 2025 (period ending Dec 31, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

6 returns on file
Grants paid by tax year. The latest year is in blue.

  • Tax year 2025

    $190,000

    Grants listed
    1
    Assets, end of year
    $104,906

  • Tax year 2024

    $80,000

    Grants listed
    1
    Assets, end of year
    $139,191

  • Tax year 2023

    $172,843

    Grants listed
    1
    Assets, end of year
    $122,576

  • Tax year 2022

    $108,124

    Grants listed
    6
    Assets, end of year
    $180,761

  • Tax year 2021

    $71,485

    Grants listed
    1
    Assets, end of year
    $178,576

  • Tax year 2020

    $0

    Grants listed
    0
    Assets, end of year
    $108,098

Grants paid in 2025

1 grant, largest first

As listed on the return.

  1. Phase Two Cebu Group IncGuadalupe, Philippines

    For Assistance in Construction of Low Cost Housing

    $190,000

Officers, directors and trustees

6 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Paul H ReasonerPresident Hours 15Pay $0
  • Shari ReasonerVice President Hours 15Pay $0
  • Ruth LundeTreasurer Hours 5Pay $0
  • Michelle TurnerSecretary Hours 5Pay $0
  • Roger D MadisonChairman Hours 5Pay $0
  • Joel ReasonerExecutive Director Hours 40Pay $38,754

The return

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