Irene Hutchinson Phillips Memorial Fund

MORGANTOWN, WV EIN: 55-6024096

Irene Hutchinson Phillips Memorial Fund is a private foundation, based in MORGANTOWN, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $237K in total assets. Net investment income was $15K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$237K

+6.1% YoY

Revenue

$15K

+69.5% YoY

Net Investment Income

$15K

+69.5% YoY

Expenses

$1K

-10.7% YoY

Under IRS private-foundation payout rules, Irene Hutchinson Phillips Memorial Fund reported a distributable amount of $817 for 2024 — the minimum it must pay out in qualifying distributions.

About Irene Hutchinson Phillips Memorial Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

West Virginia $52K (100%)

States

West Virginia

Cities

Morgantown

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$236,631	$223,050	$218,107
Revenue	$14,603	$8,613	$23,955
Expenses	$1,022	$1,144	$21,663
Qualifying Distributions	—	—	$20,000
Net Investment Income	$14,603	$8,613	$20,955
Distributable Amount	$817	$3,725	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
GARY WATERS	TREASURER/TRUSTEE	—	—
JAMES C HAMER	PRESIDENT/TRUSTEE	—	—
JOHN T MIESNER	SECRETARY/TRUSTEE	—	—

Frequently Asked Questions

How large is Irene Hutchinson Phillips Memorial Fund?

As of 2024, Irene Hutchinson Phillips Memorial Fund holds $237K in total assets with $15K in annual revenue.

Where does Irene Hutchinson Phillips Memorial Fund operate?

Irene Hutchinson Phillips Memorial Fund has awarded grants in West Virginia.

How much is Irene Hutchinson Phillips Memorial Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Irene Hutchinson Phillips Memorial Fund reported a distributable amount of $817 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Irene Hutchinson Phillips Memorial Fund's EIN?

Irene Hutchinson Phillips Memorial Fund's EIN (Employer Identification Number) is 55-6024096. IRS Form 990 filing data is available on this page for 2020–2024.