Phillips Family Foundation and Minneapolis Foundation form partnership Phillips and Minneapolis foundations say the deal will help to advance equity. March 5, 2021 — 8:00am Text size Copy shortlink: Two prominent Minneapolis foundations are forming what leaders are calling a partnership to boost equity initiatives. The Minneapolis Foundation announced Thursday a new "strategic operating partnership" with the Jay and Rose Phillips Family Foundation of Minnesota, the longstanding north Minneapolis organization that's donated millions of dollars to the city's North Side. The move, effective at the end of March, means the Phillips Foundation will pay the Minneapolis Foundation to run Phillips' administrative services and deliver its grants, said R.T. Rybak, president of the Minneapolis Foundation.