L E Phillips Family Foundation Inc

Organization Overview

L E Phillips Family Foundation Inc is located in Eau Claire, WI. The organization was established in 1959. 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. L E Phillips Family Foundation Inc 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 02/2022, L E Phillips Family Foundation Inc generated $3.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (18.3%) each year. All expenses for the organization totaled $5.4m during the year ending 02/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, L E Phillips Family Foundation Inc has awarded 263 individual grants totaling $15,900,000. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $120,800
Dividends & Interest $3,411,429
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $281
Total Revenue $3,532,510

Grants Awarded

Over the last fiscal year, L E Phillips Family Foundation Inc has awarded $5,275,100 in support to 95 organizations.

Grant RecipientAmount

EAU CLAIRE COUNTY HUMANE SOCIETY

PURPOSE: CAPITAL CAMPAIGN

$1,500,000

NORTHERN WI STATE FAIR ASSOC

PURPOSE: BARN REPLACEMENT PROJECT

$945,000

Alexandria, VA

PURPOSE: OPERATIONS

$838,000

FIDELITY CHARITABLE

PURPOSE: OPERATIONS

$838,000

UNIVERSITY OF WI-EAU CLAIRE FOUNDAT

PURPOSE: EDUCATIONAL PROGRAMS

$671,100

L E PHILLIPS CAREER DEVELOPMENT C

PURPOSE: OPERATING FUNDS

$120,000
View Grant Profile

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