George H Philips Trust
George H Philips Trust is a private foundation, based in TYLER, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $604K in total assets. In 2024, it awarded 1 grants totaling $42K. Net investment income was $51K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$604K
+1.3% YoY
Annual Giving
$42K
+0.7% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$42K
+0.7% YoY
Under IRS private-foundation payout rules, George H Philips Trust reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.
About George H Philips Trust
Based on IRS filings
George H Philips Trust is a private foundation, based in TYLER, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $604K in total assets. In 2024, it awarded 1 grants totaling $42K. Net investment income was $51K.
Ready to take the next step with George H Philips Trust?
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 | $603,888 | $596,097 | $598,285 |
| Revenue | $74,749 | $62,429 | $64,550 |
| Expenses | $66,958 | $64,617 | $136,674 |
| Qualifying Distributions | $42,173 | $41,891 | $97,927 |
| Net Investment Income | $51,464 | $35,848 | $38,124 |
| Distributable Amount | $41,429 | $37,650 | $44,568 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include First Baptist Church ($42,173).
| Recipient | Purpose | Amount |
|---|---|---|
| FIRST BAPTIST CHURCH TYLER, TX | TO SUPPORT RELIGIOUS ACTIVITIES | $42,173 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REGIONS BANK | TRUSTEE | 1 | $11,954 |
Frequently Asked Questions
How large is George H Philips Trust?
As of 2024, George H Philips Trust holds $604K in total assets with $75K in annual revenue. It awarded 1 grants totaling $42K in 2024.
Where does George H Philips Trust operate?
George H Philips Trust has awarded grants in Texas.
What size grants does George H Philips Trust award?
In 2024, George H Philips Trust awarded 1 grants totaling $42K — an average of about $42K per grant, based on its IRS Form 990 filings.
How much is George H Philips Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, George H Philips Trust reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is George H Philips Trust's EIN?
George H Philips Trust's EIN (Employer Identification Number) is 75-6200888. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in George H Philips Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.