Gerald W & Mary a Phillips Family
Gerald W & Mary a Phillips Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUDON, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $442K in total assets. In 2024, it awarded 13 grants totaling $41K. Net investment income was $42K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$442K
-0.3% YoY
Annual Giving
$41K
-14.9% YoY
Grant Count
13
-27.8% YoY
Avg Grant Size
$3K
+17.9% YoY
Under IRS private-foundation payout rules, Gerald W & Mary a Phillips Family reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.
About Gerald W & Mary a Phillips Family
Based on IRS filings
Gerald W & Mary a Phillips Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUDON, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $442K in total assets. In 2024, it awarded 13 grants totaling $41K. Net investment income was $42K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $441,662 | $442,889 | $451,735 |
| Revenue | $48,902 | $47,586 | $48,452 |
| Expenses | $50,448 | $56,432 | $52,502 |
| Qualifying Distributions | $42,278 | $49,308 | $45,668 |
| Net Investment Income | $41,536 | $41,050 | $41,618 |
| Distributable Amount | $49,005 | $42,932 | $42,258 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
90 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Fellowship Bible Church ($25,000), Wears Valley Ranch ($5,000), Brightstone ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FELLOWSHIP BIBLE CHURCH BRENTWOOD, TN | RELIGIOUS ORGANIZATION | $25,000 |
| WEARS VALLEY RANCH SEVIERVILLE, TN | FAMILY & CHILDREN SERVICES | $5,000 |
| NEW HOPE CEMETARY WESTMORELAND, TN | CEMETARY UPKEEP | $75 |
| FRIENDS OF MOUNT HERMAN CEMETARY SHELBYVILLE, TN | FAMILY & CHILDREN SERVICES | $75 |
| GRACE WORKS FRANKLIN, TN | RELIGIOUS ORGANIZATION | $500 |
| BEDFORD COUNTY HISTORICAL SOCIETY SHELBYVILLE, TN | HISTORICAL ORGANIZATION | $100 |
| BRIGHTSTONE FRANKLIN, TN | HELPING ADULTS WITH SPECIAL NEEDS | $5,000 |
| NASHVILLE YOUTH FOR CHRIST OLD HICKORY, TN | RELIGIOUS ORGANIZATION | $2,000 |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL NASHVILLE, TN | FAMILY & CHILDREN SERVICES | $100 |
| VFW NASHVILLE, TN | VETERANS SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GERALD W PHILLIPS | CO-TRUSTEE | — | — |
| MARY ANN PHILLIPS | CO-TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gerald W & Mary a Phillips Family?
Gerald W & Mary a Phillips Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LOUDON, TN. It holds $442K in total assets as of 2024.
How large is Gerald W & Mary a Phillips Family?
As of 2024, Gerald W & Mary a Phillips Family holds $442K in total assets with $49K in annual revenue. It awarded 13 grants totaling $41K in 2024.
Where does Gerald W & Mary a Phillips Family operate?
Gerald W & Mary a Phillips Family has awarded grants in California, Florida, Idaho, Maryland, North Carolina, New York, Tennessee.
What size grants does Gerald W & Mary a Phillips Family award?
In 2024, Gerald W & Mary a Phillips Family awarded 13 grants totaling $41K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Gerald W & Mary a Phillips Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Gerald W & Mary a Phillips Family reported a distributable amount of $49K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Gerald W & Mary a Phillips Family's EIN?
Gerald W & Mary a Phillips Family's EIN (Employer Identification Number) is 62-1744494. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Gerald W & Mary a Phillips Family's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.