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Also known as: Foundation Inc
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Leonard J & Gloria Phillips Foundation Inc. is a private corporation based in SADDLE RIVER, NJ. The foundation received its IRS ruling in 1985. It holds total assets of $328K. Annual income is reported at $64K. The foundation is governed by 4 officers and trustees. Tax records are available from 2017 to 2023. According to available records, Leonard J & Gloria Phillips Foundation Inc. has made 3 grants totaling $47K, with a median grant of $5K. Individual grants have ranged from $250 to $41K, with an average award of $16K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in New Jersey and New York and Florida. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Leonard J & Gloria Phillips Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in NJ, NY, FL.
Leonard J & Gloria Phillips Foundation Inc. has distributed a total of $47K across 3 grants. The median grant size is $5K, with an average of $16K. Individual grants have ranged from $250 to $41K.
Funding to be used in agreement with the foundation's mission.
Leonard J & Gloria Phillips Foundation Inc. is headquartered in SADDLE RIVER, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gloria Phillips | ASST MANAGER | $0 | $0 | N/A |
| Wayne Phillips | ASST. MANAGER | $0 | $0 | N/A |
| Wendy Phillips | ASST MANAGER | $0 | $0 | N/A |
| Leonard J Phillips | Foundation Mgr. | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$309K
Fair Market Value
$850K
Net Worth
$309K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
$15K
Distribution Amount
N/A
Total Grants
3
Total Giving
$47K
Average Grant
$16K
Median Grant
$5K
Unique Recipients
3
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Valley HospitalMedical ResearchMedical research | Ridgewood, NJ | $41K | 2022 |
| American Committee For Shaare ZedekMedical research | New York, NY | $5K | 2022 |
| Aleph InstitueMedical researchMedical researchMedical research | Sufside, FL | $250 | 2022 |