Leonard W & Betty Phillips Foundation

Organization Overview

Leonard W & Betty Phillips Foundation is located in Shreveport, LA. The organization was established in 1960. 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. Leonard W & Betty Phillips 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 09/2022, Leonard W & Betty Phillips Foundation generated $206.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $81.8k during the year ending 09/2022. While expenses have increased by 3.7% per year over the past 5 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, Leonard W & Betty Phillips Foundation has awarded 82 individual grants totaling $454,950. 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 $0
Dividends & Interest $119,991
Net Rental Income$0
Net Gain on Sale of Assets $75,625
Capital Gain Net Income $75,625
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $10,835
Total Revenue $206,451

Grants Awarded

Over the last fiscal year, Leonard W & Betty Phillips Foundation has awarded $69,750 in support to 17 organizations.

Grant RecipientAmount

NORTH LOUISIANA JEWISH FEDERATION

Org PageRecipient Profile

Shreveport, LA

PURPOSE: UNRESTRICTED GIFT

$16,000

SHREVEPORT REGIONAL ARTS COUNCIL

Org PageRecipient Profile

Shreveport, LA

PURPOSE: UNRESTRICTED GIFT

$15,250

THE BETTY & LEONARD PHILLIPS DEAF ACTION CENTER

PURPOSE: UNRESTRICTED GIFT

$8,000

AMERICAN RED CROSS

PURPOSE: UKRAINE ASSISTANCE AND DISASTER RELIEF

$6,000

DUKE UNIVERSITY

PURPOSE: UNRESTRICTED GIFT

$5,000

B'NAI ZION FOUNDATION

PURPOSE: UNRESTRICTED GIFT

$4,000
View Grant Profile

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