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Also known as: FOUNDATION
Frederick B And Ayako I Phillips Foundation is a private trust based in LOUISVILLE, KY. The foundation received its IRS ruling in 2014. The principal officer is % Ayako I Phillips. It holds total assets of $1.8M. Annual income is reported at $105K. SCHOLARSHIP FUNDS TO UNIVERSITY OF LOUISVILLE, UNIVERSITY OF KENTUCKY, WESTERN KENTUCKY UNIVERSITY, AND CAMPBELLSVILLE UNIVERSITY WHICH ARE GIVEN TO THE UNIVERSITIES, WHO THEN CHOOSE THE RECIPIENTS OF THE SCHOLARSHIPS. According to available records, Frederick B And Ayako I Phillips Foundation has made 31 grants totaling $230K, with a median grant of $5K. Annual giving has grown from $80K in 2022 to $150K in 2023. Individual grants have ranged from $1K to $20K, with an average award of $7K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in Kentucky. Contributions to this foundation are tax-deductible.
SCHOLARSHIP FUNDS TO UNIVERSITY OF LOUISVILLE AND UNIVERSITY OF KENTUCKY WHICH ARE GIVEN TO THE UNIVERSITIES, WHO THEN CHOOSE THE RECIPIENTS OF THE SCHOLARSHIPS
Expenses: $20K
CONTRIBUTIONS TO SIX CHARITABLE ORGANIZATIONS FOR GENERAL SUPPORT
Expenses: $10K
GIFTS TO TWO CHARITABLE ORGANIZATIONS TO HELP THEIR RELIEF EFFORTS DUE TO COVID 19 QUARANTINE REQUIREMENTS
Expenses: $20K
SCHOLARSHIP FUNDS TO UNIVERSITY OF LOUISVILLE, UNIVERSITY OF KENTUCKY, WESTERN KENTUCKY UNIVERSITY, AND CAMPBELLSVILLE UNIVERSITY WHICH ARE GIVEN TO THE UNIVERSITIES, WHO THEN CHOOSE THE RECIPIENTS OF THE SCHOLARSHIPS. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in KY.
Frederick B And Ayako I Phillips Foundation has distributed a total of $230K across 31 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $1K to $20K.
Frederick B And Ayako I Phillips Foundation typically selects its grantees rather than accepting unsolicited proposals.
Frederick B And Ayako I Phillips Foundation is headquartered in LOUISVILLE, KY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| David B Russell | TRUSTEE | $0 | $0 | $0 |
| Maureen Samuels | BOARD MEMBER | $0 | $0 | $0 |
| Cathy Longstreet | BOARD MEMBER | $0 | $0 | $0 |
Total Giving
$88K
Total Assets
$1.8M
Fair Market Value
$1.9M
Net Worth
$1.8M
Grants Paid
$70K
Contributions
$0
Net Investment Income
$39K
Distribution Amount
$87K
Total: $1.6M
Total Grants
31
Total Giving
$230K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
11
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| University Of KentuckySCHOLARSHIP | Lexington, KY | $20K | 2023 |
| Salvation ArmySUPPORT | Louisville, KY | $3K | 2023 |
| KetSUPPORT | Lexington, KY | $1K | 2023 |
| University Of Louisville FoundationSCHOLARSHIP | Louisville, KY | $20K | 2023 |
| Campbellsville University |
LOUISVILLE, KY
GRAYSON, KY
DICKSON, TN
LAKE VIEW, IA
MOORESVILLE, IN
| 2019 | 990PF | View |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Campbellsville, KY |
| $10K |
| 2023 |
| Habitat For HumanitySUPPORT | Louisville, KY | $5K | 2023 |
| Apron IncSUPPORT | Louisville, KY | $5K | 2023 |
| Ky Humane SocietySUPPORT | Louisville, KY | $5K | 2023 |
| Dare To CareSUPPORT | Louisville, KY | $5K | 2023 |
| Wayside Christian MissionSUPPORT | Louisville, KY | $1K | 2023 |
| Association Of Community MinistriesSUPPORT FOR COVID RELEIF | Louisville, KY | $5K | 2022 |
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