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Philbrook Charitable Corporation is a private corporation based in ISLAND FALLS, ME. The foundation received its IRS ruling in 2017. It holds total assets of $182K. Annual income is reported at $46K. The foundation is governed by 4 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 2017 to 2023. According to available records, Philbrook Charitable Corporation has made 3 grants totaling $32K, with a median grant of $5K. Annual giving has grown from $3K in 2020 to $24K in 2023. Individual grants have ranged from $3K to $24K, with an average award of $11K. Grant recipients are concentrated in Maine. 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.
Philbrook Charitable Corporation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in ME.
Philbrook Charitable Corporation has distributed a total of $32K across 3 grants. The median grant size is $5K, with an average of $11K. Individual grants have ranged from $3K to $24K.
Philbrook Charitable Corporation typically selects its grantees rather than accepting unsolicited proposals.
Philbrook Charitable Corporation is headquartered in ISLAND FALLS, ME.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Vernon Philbrook | TRUSTEE | $0 | $0 | N/A |
| Roanne Philbrook | TRUSTEE | $0 | $0 | N/A |
| Joel Philbrook | TRUSTEE | $0 | $0 | N/A |
| Meredith Philbrook | TRUSTEE | $0 | $0 | N/A |
Total Giving
$24K
Total Assets
$167K
Fair Market Value
$303K
Net Worth
$167K
Grants Paid
$24K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$14K
Total: $159K
Total Grants
3
Total Giving
$32K
Average Grant
$11K
Median Grant
$5K
Unique Recipients
1
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Greater Houlton Christian AcademyCONTRIBUTION | Houlton, ME | $24K | 2023 |