Frederick B and Ayako I Phillips
Frederick B and Ayako I Phillips is a private foundation, based in LOUISVILLE, KY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 6 grants totaling $70K. Net investment income was $39K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
-2.3% YoY
Annual Giving
$70K
-6.7% YoY
Grant Count
6
-40.0% YoY
Avg Grant Size
$12K
+55.6% YoY
Under IRS private-foundation payout rules, Frederick B and Ayako I Phillips reported a distributable amount of $87K for 2024 — the minimum it must pay out in qualifying distributions.
About Frederick B and Ayako I Phillips
Based on IRS filings
Frederick B and Ayako I Phillips is a private foundation, based in LOUISVILLE, KY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 6 grants totaling $70K. Net investment income was $39K.
Ready to take the next step with Frederick B and Ayako I Phillips?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,803,307 | $1,845,991 | $1,877,124 |
| Revenue | $43,941 | $59,955 | $911,987 |
| Expenses | $87,512 | $91,088 | $98,388 |
| Qualifying Distributions | $70,000 | $75,000 | $80,000 |
| Net Investment Income | $39,345 | $44,318 | $32,414 |
| Distributable Amount | $87,133 | $91,066 | $92,924 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
37 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Kentucky ($20,000), University of Louisville Foundation ($20,000), Campbellsville University ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| APRON INC LOUISVILLE, KY | SUPPORT | $5,000 |
| CAMPBELLSVILLE UNIVERSITY CAMPBELLSVILLE, KY | SCHOLARSHIP | $10,000 |
| KY HUMANE SOCIETY LOUISVILLE, KY | SUPPORT | $5,000 |
| UNIVERSITY OF KENTUCKY LEXINGTON, KY | SCHOLARSHIP | $20,000 |
| UNIVERSITY OF LOUISVILLE FOUNDATION LOUISVILLE, KY | SCHOLARSHIP | $20,000 |
| WESTERN KENTUCKY UNIVERSITY COLLEGE HEIGHTS FOUNDATION BOWLING GREEN, KY | SCHOLARSHIP | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAVID B RUSSELL | TRUSTEE | 1 | — |
| MAUREEN SAMUELS | BOARD MEMBER | 1 | — |
| CATHY LONGSTREET | BOARD MEMBER | 1 | — |
Frequently Asked Questions
How large is Frederick B and Ayako I Phillips?
As of 2024, Frederick B and Ayako I Phillips holds $1.8M in total assets with $44K in annual revenue. It awarded 6 grants totaling $70K in 2024.
Where does Frederick B and Ayako I Phillips operate?
Frederick B and Ayako I Phillips has awarded grants in Kentucky.
What size grants does Frederick B and Ayako I Phillips award?
In 2024, Frederick B and Ayako I Phillips awarded 6 grants totaling $70K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Frederick B and Ayako I Phillips required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Frederick B and Ayako I Phillips reported a distributable amount of $87K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Frederick B and Ayako I Phillips's EIN?
Frederick B and Ayako I Phillips's EIN (Employer Identification Number) is 46-4025821. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Frederick B and Ayako I Phillips's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Community Foundation of Louisville
LOUISVILLE, KY
Assets
$22.0M
Grants
373
Total Given
$18.6M
The Community Foundation of
LOUISVILLE, KY
Assets
$699.5M
Grants
616
Total Given
$55.9M
The Community Foundation of Louisville
LOUISVILLE, KY
Assets
$5.2M
Grants
135
Total Given
$5.2M
V V Cooke Foundation Corporation
LOUISVILLE, KY
Assets
$7.3M
Grants
87
Total Given
$424K
Lg&e and Ku Foundation Inc
LOUISVILLE, KY
Assets
$24.7M
Grants
491
Total Given
$4.1M
Enterprise Holdings Foundation
SAINT LOUIS, MO
Assets
—
Grants
9,499
Total Given
$73.1M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Network for Good
WASHINGTON, DC
Assets
$96.2M
Grants
4,733
Total Given
$216.2M
James Graham Brown Foundation Inc
LOUISVILLE, KY
Assets
$391.0M
Grants
50
Total Given
$14.9M
Natl Christian Charitable Fdn Inc
ALPHARETTA, GA
Assets
$6.1B
Grants
16,327
Total Given
$2.6B
The Kroger Co Foundation
CINCINNATI, OH
Assets
$111.4M
Grants
253
Total Given
$4.8M
Charlsey & Billy Lowdenback Charitable
LOUISVILLE, KY
Assets
$1.2M
Grants
7
Total Given
$1.5M
More Funders in Kentucky
Data last updated April 2026. Sourced from IRS Form 990-PF filings.