John S Phipps Family Foundation

Private foundation · Grantmaker Woodbridge, NJ EIN: 13-6861582

John S Phipps Family Foundation is a private foundation, based in Woodbridge, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.9M in total assets. In 2024, it awarded 1 grant totaling $1.2M. Net investment income was $1.3M.

John S Phipps Family Foundation at a glance

In short: John S Phipps Family Foundation gave $1.2M across 1 grant in 2024 (avg $1.2M), mostly in New York. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$1,200,000
+9.1% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$1,200,000
+9.1% vs 2023
Median grant
$1,200,000
Total assets
$15,874,013
+0.5% vs 2023
Primary geography
New York (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who John S Phipps Family Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Old Westbury Gardens Inc: $1.2MOld Westbury Gardens Inc$1.2M

The largest 2024 recipient was Old Westbury Gardens Inc ($1.2M).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M5$1–5M$5M+

The most common grant size was in the $1–5M range: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Old Westbury

How John S Phipps Family Foundation gives

  • Giving held roughly steady from 2021 to 2024 (+0%). Method
  • In 2024 it paid out 119% 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$500K$1M$1.5M1 grant2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $1.1M (2023) to $1.2M (2024). In 2024 it made 1 grant totaling $1.2M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Old Westbury Gardens Inc Old Westbury, NYGeneral Purpose$1,200,000
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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
2024$15,874,013$1,428,594$1,329,577$1,200,0001$1,205,765$1,298,948$1,014,006
2023$15,789,448$645,334$1,175,695$1,100,0001$1,106,114$569,914$940,050
2022$16,326,801$566,420$1,334,473$1,200,0001$1,207,042$488,733$970,118
2021$17,102,403$2,332,066$1,287,771$1,200,0001$1,206,060$2,271,940$1,092,209
2020$16,058,097$929,559$1,310,955$1,200,0001—$861,698$985,590

Under IRS private-foundation payout rules, John S Phipps Family Foundation reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

John S Phipps Family Foundation's 2024 filing lists 3 officers; 1 of 3 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Bessemer Trust Company

    Corporate Trustee

    On filings since 2020

    2 hrs/week

    $8K (2020) → $5K (2024)

  • Michael Douglas

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Stuart S. Janney III

    Trustee

    On filings since 2020

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Bessemer Trust Company — Corporate Trustee: $5KBessemer Trust CompanyCorporate Trustee$5K

The highest reported compensation on the 2024 filing was $5K, to Bessemer Trust Company (Corporate Trustee).

Frequently asked questions about John S Phipps Family Foundation

How much does John S Phipps Family Foundation give each year?

John S Phipps Family Foundation gave $1.2M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.1M across 1 grant.

How large is John S Phipps Family Foundation?

John S Phipps Family Foundation reported $15.9M in total assets on its 2024 IRS Form 990-PF. It paid out $1.2M in qualifying distributions that year, against a required minimum of $1.0M (roughly 5% of its investment assets).

Where does John S Phipps Family Foundation operate?

John S Phipps Family Foundation has awarded grants in New York.

What is John S Phipps Family Foundation's EIN?

John S Phipps Family Foundation's EIN (Employer Identification Number) is 13-6861582. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from John S Phipps Family Foundation'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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