Phillips Family Foundation
- Assets
- $2.1m
- Revenue
- $351.8k
- Investments
- $1.8m
- Employees
- 0
- Location
- Portland, OR
- Founding
- 05/2015
- Data as of
- 12/2022
- EIN
- 46-4337405
Organization Overview
Phillips Family Foundation is located in Portland, OR. The organization was established in 2015. 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 $351.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $114.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Phillips Family Foundation has awarded 52 individual grants totaling $336,039. 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) | Role | Hours | Compensation |
|---|---|---|---|
Henry Frank Phillips III President | 5 | $0 | |
Janet L Phillips Secretary | 5 | $0 | |
Henry Francis Phillips IV Director | 1 | $0 | |
John V Phillips Director | 1 | $0 | |
Jean M Hinkley Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,000 |
| Interest on Savings | $1,934 |
| Dividends & Interest | $48,759 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $50,976 |
| Capital Gain Net Income | $50,976 |
| Net ST Capital Gain | $18,959 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $145 |
| Total Revenue | $351,814 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $12 |
| Taxes | $2,710 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,206 |
| Total operating and administrative expenses | $13,315 |
| Contributions, gifts, grants paid | $100,890 |
| Total expenses and disbursements | $114,205 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258,779 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $31,467 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,062,689 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Phillips Family Foundation has awarded $100,890 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF THE CHILDREN PORTLAND PURPOSE: TO PROVIDE PORTLAND'S MOST VULNERABLE CHILDREN A NURTURING AND SUSTAINED RELATIONSHIP WITH A PROFESSIONAL MENTOR WHO TEACHES POSITIVE VALUES AND HAS ATTAINABLE EXPECTATIONS FOR EACH CHILD TO BECOME HEALTHY, PRODUCTIVE MEMBERS OF THE COMMUNITY. | $25,500 |
FRIENDS OF THE CHILDREN CENTRAL ORE PURPOSE: TO PROVIDE PORTLAND'S MOST VULNERABLE CHILDREN A NURTURING AND SUSTAINED RELATIONSHIP WITH A PROFESSIONAL MENTOR WHO TEACHES POSITIVE VALUES AND HAS ATTAINABLE | $10,000 |
DE LA SALLE NORTH CATHOLIC HIGH SCH PURPOSE: TO PROVIDE AN AFFORDABLE, COLLEGE PREPARATORY, FAITH-BASED EDUCATION TO YOUNG MEN AND WOMEN THROUGHOUT THE PORTLAND METRO AREA WITH LIMITED FINANCIAL RESOURCES. | $20,000 |
ST JUDE CHILDREN'S RESEARCH HOSPITA PURPOSE: TO ADVANCE CURES, AND MEANS OF PREVENTION, FOR PEDIATRIC CATSTROPHIC DISEASES THROUGH RESEARCH AND TREATMENT | $500 |
OREGON HEALTH SCIENCE UNIVERSITY FO PURPOSE: TO IMPROVE THE HEALTH AND WELL-BEING OF THE STATE AND ITS CITIZENS | $20,000 |
FRIENDS OF THE CHILDREN KLAMATH BAS PURPOSE: TO PROVIDE KLAMATH FALLS MOST VULNERABLE CHILDREN A NURTURING AND SUSTAINED RELATIONSHIP WITH A PROFESSIONAL MENTOR WHO TEACHES POSITIVE VALUES AND HAS ATTAINABLE EXPECTATIONS FOR EACH CHILD TO BECOME HEALTHY, PRODUCTIVE MEMBERS OF THE COMMUNITY. | $10,000 |