Phillips Family Foundation

Organization Overview

Phillips Family Foundation is located in Covington, KY. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phillips Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Phillips Family Foundation generated $341.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $342.0k during the year ending 12/2022. While expenses have increased by 12.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Phillips Family Foundation has awarded 90 individual grants totaling $1,369,544. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Annette Phillips
Director
$0
Monica Phillips
Director
$0
Kim Leland
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $9,401
Dividends & Interest $68,619
Net Rental Income$0
Net Gain on Sale of Assets $263,606
Capital Gain Net Income $49,275
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $341,626

Grants Awarded

Over the last fiscal year, Phillips Family Foundation has awarded $330,718 in support to 16 organizations.

Grant RecipientAmount

BUCKEYE COUNCIL BOYS SCOUT

PURPOSE: GENERAL

$7,155

BUCKEYE HEALTH

PURPOSE: GENERAL

$20,000

CENTER STREET COMMUNITY HEALTH CENT

PURPOSE: GENERAL

$25,000

DISCOVERY SCHOOL

PURPOSE: GENERAL

$50,000

FRIENDS OF THE 179TH READINESS &

PURPOSE: GENERAL

$500

FFTC

PURPOSE: GENERAL

$30,000
View Grant Profile

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