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Phillips Family Foundation is a private corporation based in MONTGOMERY, AL. The foundation received its IRS ruling in 1996. The principal officer is Gary E Phillips. It holds total assets of $11K. Annual income is reported at $24K. Total assets have grown from $4K in 2011 to $41K in 2023. The foundation is governed by 1 officer or trustee. 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. According to available records, Phillips Family Foundation has made 3 grants totaling $57K, with a median grant of $17K. Annual giving has grown from $22K in 2021 to $35K in 2022. Individual grants have ranged from $17K to $22K, with an average award of $19K. Grant recipients are concentrated in California. 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.
Phillips Family Foundation 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 CA.
Phillips Family Foundation has distributed a total of $57K across 3 grants. The median grant size is $17K, with an average of $19K. Individual grants have ranged from $17K to $22K.
Phillips Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Phillips Family Foundation is headquartered in MONTGOMERY, AL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lou Ellen Phillips | CHAIRMAN | $0 | $0 | N/A |
Total Giving
$13K
Total Assets
$41K
Fair Market Value
$41K
Net Worth
$41K
Grants Paid
$13K
Contributions
$17K
Net Investment Income
N/A
Distribution Amount
$2K
Total Grants
3
Total Giving
$57K
Average Grant
$19K
Median Grant
$17K
Unique Recipients
1
Most Common Grant
$17K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bibles At CostCHARITY | Freedom, CA | $17K | 2022 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL