Beverly and James Phelps Foundation

Private foundation · Grantmaker Honolulu, HI EIN: 36-7784533

Beverly and James Phelps Foundation is a private foundation, based in Honolulu, HI. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it awarded 5 grants totaling $150K. Net investment income was $398K.

Key facts about Beverly and James Phelps Foundation

In short: Beverly and James Phelps Foundation gave $150K across 5 grants in 2024 (avg $30K), mostly in Hawaii. Source: 2024 IRS Form 990-PF.

EIN
36-7784533
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$150,000
Grants made (2024)
5
Average grant
$30,000
Median grant
$25,000
Total assets
$3,415,662
Primary geography
Hawaii (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated October 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.4M

+8.1% YoY

Annual Giving

$150K

Grant Count

5

Avg Grant Size

$30K

Under IRS private-foundation payout rules, Beverly and James Phelps Foundation reported a distributable amount of $176K for 2024 — the minimum it must pay out in qualifying distributions.

How Beverly and James Phelps Foundation gives

  • In 2024 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 5 itemized grants.

States

Cities

HonoluluEWA BeachLihue

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K0 grants2023 5 grants2024

In 2024 it made 5 grants totaling $150K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Make a Wish Hawaii: $50K across 2 grantsMake a Wish Hawaii$50K · 2 grantsSpecial Olympics Hawaii: $50KSpecial Olympics Hawaii$50KDepartment of Education Kauai Complex Area: $25KDepartment of Education KauaiComplex Area$25KLeadership Disabilities Achievement of HI: $25KLeadership DisabilitiesAchievement of HI$25K

The largest 2024 recipient was Make a Wish Hawaii ($50K across 2 grants). Together the top 4 received $150K.

Grant Size Distribution

5 grants across all recorded years

4<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 5 (80%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Special Olympics Hawaii EWA Beach, HITo Support Kauai Athletes$50,000
Make a Wish Hawaii Honolulu, HITo Support Wishes of Kauai Children$25,000
Department of Education Kauai Complex Area Lihue, HITo support student for attending healing horses on kauai program.$25,000
Leadership Disabilities Achievement of HI Honolulu, HITo Support Kauai Programs & Events$25,000
Make a Wish Hawaii Honolulu, HITo Support Wishes of Kauai Children$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2023 2024
Metric20242023
Total Assets$3,415,662$3,158,377
Revenue$474,927$3,899,086
Expenses$216,928$47,739
Qualifying Distributions$169,438$25,667
Net Investment Income$398,255$777,123
Distributable Amount$176,158$146,293

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
  2. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 11, 2025)
  3. IRS filings on file for fiscal years 2023–2024

Leadership & Key People

Officers and directors from IRS filings

Beverly and James Phelps Foundation is led by Theodore Rachlin, Trustee on every filing since 2023 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Theodore Rachlin

    Trustee

    On filings since 2023

    5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Beverly and James Phelps Foundation

How much does Beverly and James Phelps Foundation give each year?

Beverly and James Phelps Foundation gave $150K across 5 grants in 2024, according to its 2024 IRS Form 990-PF.

What is Beverly and James Phelps Foundation's typical grant size?

Beverly and James Phelps Foundation's median grant in 2024 was $25,000, and its average grant was $30,000, across 5 grants on its 2024 IRS Form 990-PF.

Where does Beverly and James Phelps Foundation give grants?

Beverly and James Phelps Foundation gives mostly in Hawaii: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Honolulu, HI (3 grants).

Does Beverly and James Phelps Foundation give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on Beverly and James Phelps Foundation's 2024 IRS Form 990-PF were described as general or operating support.

Who are Beverly and James Phelps Foundation's largest grantees?

Beverly and James Phelps Foundation's largest 2024 grantees include Make a Wish Hawaii ($50,000 across 2 grants), Special Olympics Hawaii ($50,000) and Department of Education Kauai Complex Area ($25,000), according to its 2024 IRS Form 990-PF. Together they received 83% of its itemized 2024 grant dollars.

How large is Beverly and James Phelps Foundation?

Beverly and James Phelps Foundation reported $3.4M in total assets on its 2024 IRS Form 990-PF. It paid out $169K in qualifying distributions that year, against a required minimum of $176K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is Beverly and James Phelps Foundation's EIN?

Beverly and James Phelps Foundation's EIN (Employer Identification Number) is 36-7784533. IRS Form 990 filing data is available on this page for 2023–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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