L Donald Phillips and Dorothy G

Foundation · Grantmaker Newburyport, MA EIN: 04-6650414

L Donald Phillips and Dorothy G is a private foundation, based in Newburyport, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $675K in total assets. In 2024, it awarded 3 grants totaling $27K. Net investment income was $44K.

Key facts about L Donald Phillips and Dorothy G

In short: L Donald Phillips and Dorothy G gave $27K across 3 grants in 2024 (avg $9K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.

EIN
04-6650414
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$26,817
Grants made (2024)
3
Average grant
$8,939
Median grant
$6,704
Total assets
$674,763
Primary geography
Massachusetts (100% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$675K

+1.3% YoY

Annual Giving

$27K

+38.6% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$9K

+38.6% YoY

Under IRS private-foundation payout rules, L Donald Phillips and Dorothy G reported a distributable amount of $38K for 2024 — the minimum it must pay out in qualifying distributions.

How L Donald Phillips and Dorothy G gives

  • In 2024 it paid out 92% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 3 itemized 2024 grant dollars.

Cities

IpswichNewburyport

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K0 grants20200 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Newburyport Education Foundation: $13KNewburyport EducationFoundation$13KFriends of Ipswich Library: $7KFriends of Ipswich Library$7KFriends of Ipswich Elderly: $7KFriends of Ipswich Elderly$7K

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
NEWBURYPORT EDUCATION FOUNDATION Newburyport, MACHARITABLE CONTRIBUTION$13,409
FRIENDS OF IPSWICH LIBRARY Ipswich, MACHARITABLE CONTRIBUTION$6,704
FRIENDS OF IPSWICH ELDERLY Ipswich, MACHARITABLE CONTRIBUTION$6,704

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$200K$400K$600K$800K20202021202220232024
Metric202420232022
Total Assets$674,763$666,215$649,487
Revenue$45,171$45,754$619,403
Expenses$36,079$28,611$6,770
Qualifying Distributions$35,153$27,459$5,605
Net Investment Income$44,245$44,850$11,541
Distributable Amount$38,229$34,930$24,951

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Officers and directors from IRS filings

L Donald Phillips and Dorothy G's 2021 filing lists 2 officers; none of the 2 officers listed in 2021 report compensation.

Officers on the 2021 filing

  • James Connolly

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jeremiah Lewis

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Donald Whiston (2020) — Trustee

Data from IRS Form 990 filings, 2020–2021. "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 L Donald Phillips and Dorothy G

How much does L Donald Phillips and Dorothy G give each year?

L Donald Phillips and Dorothy G gave $27K across 3 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $19K across 3 grants.

What is L Donald Phillips and Dorothy G's typical grant size?

L Donald Phillips and Dorothy G's median grant in 2024 was $6,704, and its average grant was $8,939, across 3 grants on its 2024 IRS Form 990-PF.

Where does L Donald Phillips and Dorothy G give grants?

L Donald Phillips and Dorothy G gives mostly in Massachusetts: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Ipswich, MA (2 grants).

How large is L Donald Phillips and Dorothy G?

L Donald Phillips and Dorothy G reported $675K in total assets on its 2024 IRS Form 990-PF. It paid out $35K in qualifying distributions that year, against a required minimum of $38K (roughly 5% of its investment assets).

What is L Donald Phillips and Dorothy G's EIN?

L Donald Phillips and Dorothy G's EIN (Employer Identification Number) is 04-6650414. 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.

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