Frederick B and Ayako I Phillips

Private foundation · Grantmaker Louisville, KY EIN: 46-4025821

Frederick B and Ayako I Phillips is a private foundation based in Louisville, Kentucky. In 2025, it reported giving $73,000 through 10 grants, including university scholarships and support for charitable organizations.

Frederick B and Ayako I Phillips at a glance

In short: Frederick B and Ayako I Phillips gave $73K across 10 grants in 2025 (avg $7K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$73,000
+4.3% vs 2024
Grants made (2025)
10
+66.7% vs 2024
Average grant
$7,300
-37.4% vs 2024
Median grant
$4,000
Total assets
$1,735,758
-3.7% vs 2024
Primary geography
Kentucky (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

How to apply to Frederick B and Ayako I Phillips

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 804 Gagel Ave, Louisville, KY 40216
Phone: (502) 296-9147

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Frederick B and Ayako I Phillips funds

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

University of Louisville Foundation: $20KUniversity of LouisvilleFoundation$20KUniversity of Kentucky: $20KUniversity of Kentucky$20KCampbellsville University: $10KCampbellsville University$10KKY Humane Society: $5KKY Humane Society$5KDare to Care: $3KDare to Care$3KHabitat for Humanity: $2KHabitat for Humanity$2KKY Educational Television: $1KKY Educational Television$1KSalvation Army: $1KSalvation Army$1KWayside Christian Mission: $1KWayside Christian Mission$1K

The largest 2025 recipient was University of Louisville Foundation ($20K). Together the top 9 received $63K.

Organizations only. It also paid 1 individual scholarship ($10,000), which are not listed by name.

Grant Size Distribution

47 grants across all recorded years

47<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 47 grants of 47 (100%).

Geographic Focus

Where this funder awards grants

All grant dollars reported for 2025 went to recipients in Kentucky.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 10 itemized grants.

States

Cities

LouisvilleLexingtonCampbellsvilleLousivilleBowling Green

How Frederick B and Ayako I Phillips gives

  • Giving held roughly steady from 2022 to 2025 (−9%). Method
  • In 2025 it paid out 139% of its IRS minimum distribution (the 5% rule). Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K10 grants2021 11 grants2022 10 grants2023 6 grants2024 10 grants2025

From 2021 to 2025, annual grant giving ranged from $53K (2021) to $80K (2022). In 2025 it made 10 grants totaling $73K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Louisville Foundation Louisville, KYScholarship$20,000
University of Kentucky Lexington, KYScholarship$20,000
Campbellsville University Campbellsville, KYScholarship$10,000
1 individual scholarship Recipients not named —$10,000
KY Humane Society Louisville, KYSupport$5,000
Dare to Care Lousiville, KYGeneral Support$3,000
Habitat for Humanity Louisville, KYGeneral Support$2,000
KY Educational Television Lexington, KYGeneral Support$1,000
Salvation Army Louisville, KYGeneral Support$1,000
Wayside Christian Mission Louisville, KYGeneral Support$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,735,758$28,181$82,652$73,00010$73,000$34,056$52,685
2024$1,803,307$43,941$87,512$70,0006$70,000$39,345$87,133
2023$1,845,991$59,955$91,088$75,00010$75,000$44,318$91,066
2022$1,877,124$911,987$98,388$80,00011$80,000$32,414$92,924
2021$1,063,525$5,366$61,156$52,50010—$19,067$106,810

Under IRS private-foundation payout rules, Frederick B and Ayako I Phillips reported a distributable amount of $53K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants supported scholarships and charitable organizations. Among the grantees, Dare to Care describes its mission as working together to provide pathways to end hunger in its community; Habitat for Humanity describes its mission as providing affordable housing and financing to low-income families; and Wayside Christian Mission describes its purpose as serving poor and homeless people with shelter and other support intended to help restore self-sufficiency and dignity. The University of Louisville Foundation says it supports the university’s educational, scientific, and literary efforts.

Grantmaking

In 2025, the foundation made 10 grants totaling $73,000. Grant amounts ranged from $1,000 to $20,000, with a median of $4,000.

The largest grants were $20,000 each to the University of Louisville Foundation and the University of Kentucky for scholarships, followed by $10,000 each to Campbellsville University and the Western Kentucky University College Heights Foundation for scholarships. Other grants included $5,000 to the Kentucky Humane Society, $3,000 to Dare to Care for general support, $2,000 to Habitat for Humanity for general support, and $1,000 each to Kentucky Educational Television, the Salvation Army, and Wayside Christian Mission for general support.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists David B Russell as trustee. It lists Maureen Samuels, Cathy Longstreet, Charlene Satori, Alex Longstreet, and Scott Robinson as board members.

Frederick B and Ayako I Phillips's 2025 filing lists 6 officers; none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • David B. Russell

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Cathy Longstreet

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Maureen Samuels

    Board Member

    On filings since 2021

    1 hr/week

    No compensation reported

  • Alex Longstreet

    Board Member

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Charlene Satori

    Board Member

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Scott Robinson

    Board Member

    New on the 2025 filing

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "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 Frederick B and Ayako I Phillips

How much does Frederick B and Ayako I Phillips give each year?

Frederick B and Ayako I Phillips gave $73K across 10 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $70K across 6 grants.

What is Frederick B and Ayako I Phillips's typical grant size?

Frederick B and Ayako I Phillips's median grant in 2025 was $4,000, and its average grant was $7,300, across 10 grants on its 2025 IRS Form 990-PF.

Where does Frederick B and Ayako I Phillips give grants?

Frederick B and Ayako I Phillips gives mostly in Kentucky: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Louisville, KY (5 grants) and Lexington, KY (2 grants).

Does Frederick B and Ayako I Phillips give general operating support?

Yes: 50% of Frederick B and Ayako I Phillips's 2025 grants with a stated purpose (5 of 10) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Scholarship" (4 grants).

Who are Frederick B and Ayako I Phillips's largest grantees?

Frederick B and Ayako I Phillips's largest 2025 grantees include University of Louisville Foundation ($20,000), University of Kentucky ($20,000) and Campbellsville University ($10,000), according to its 2025 IRS Form 990-PF. It also paid 1 individual scholarship ($10,000), which are not listed by name. Together they received 68% of its itemized 2025 grant dollars.

How large is Frederick B and Ayako I Phillips?

Frederick B and Ayako I Phillips reported $1.7M in total assets on its 2025 IRS Form 990-PF. It paid out $73K in qualifying distributions that year, against a required minimum of $53K (roughly 5% of its investment assets).

What does Frederick B and Ayako I Phillips fund?

No mission statement for the foundation is provided. Its 2025 grants supported scholarships and charitable organizations. See mission & focus areas ↑

How do I apply for a grant from Frederick B and Ayako I Phillips?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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 2021–2025.

Does Frederick B and Ayako I Phillips accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2025 (received by the IRS July 29, 2026)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS September 3, 2021)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2022)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 14, 2023)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 13, 2024)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 1, 2026)
  7. IRS filings on file for fiscal years 2021–2025

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Cite this profile

Grantable. (2026). Frederick B and Ayako I Phillips funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/frederick-b-and-ayako-i-phillips-morg_c4bd880640dc4df6ac41096388351f21

BibTeX
@misc{grantable_464025821_2026,
  author       = {{Grantable}},
  title        = {{Frederick B and Ayako I Phillips funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/frederick-b-and-ayako-i-phillips-morg_c4bd880640dc4df6ac41096388351f21},
  note         = {Accessed 2026-10-23. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Frederick B and Ayako I Phillips's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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