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Monica D Phillips Foundation Inc. is a private corporation based in KEY LARGO, FL. The foundation received its IRS ruling in 2015. The principal officer is Monica D Phillips. It holds total assets of $234K. Annual income is reported at $179K. Total assets have grown from $147K in 2014 to $235K in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Florida and North Carolina. According to available records, Monica D Phillips Foundation Inc. has made 11 grants totaling $61K, with a median grant of $1K. Annual giving has decreased from $27K in 2020 to $1K in 2023. Grantmaking activity was highest in 2022 with $33K distributed across 6 grants. Individual grants have ranged from $1K to $15K, with an average award of $6K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Florida and North Carolina and Wisconsin. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$1K
Average Grant
$5K
Largest Grant
$14K
Based on 3 grants from the most recent 990-PF filing.
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.
Monica D Phillips Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in FL, NC, WI.
Monica D Phillips Foundation Inc. has distributed a total of $61K across 11 grants. The median grant size is $1K, with an average of $6K. Individual grants have ranged from $1K to $15K.
Monica D Phillips Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Monica D Phillips Foundation Inc. is headquartered in KEY LARGO, FL. While based in FL, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Monica D Phillips | President | $0 | $0 | N/A |
| Randall S Sanger | Treasurer | $0 | $0 | N/A |
| Renee S Redman | Secretary | $0 | $0 | N/A |
| Rick P Sanger | Director | $0 | $0 | N/A |
| Robert J Sanger | Director | $0 | $0 | N/A |
Total Giving
$3K
Total Assets
$235K
Fair Market Value
$270K
Net Worth
$235K
Grants Paid
$1K
Contributions
$199
Net Investment Income
$4K
Distribution Amount
N/A
Total: N/A
Total Grants
11
Total Giving
$61K
Average Grant
$6K
Median Grant
$1K
Unique Recipients
5
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Children'S MuseumCHARITABLE SUPPORT | La Crosse, WI | $1K | 2020 |
| Reaching Avery MinistryCHARITABLE SUPPORT | Newland, NC | $1K | 2023 |
| Ocean Reef Community FoundationCHARITABLE | Key Largo, FL | $14K | 2022 |
| The Everglades FoundationCHARITABLE | Palmetto Bay, FL | $1K | 2022 |
| Ocean Reef Chapel Foundation IncCHARITABLE | Key Largo, FL | $10K | 2020 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL