Leonard & Betty Phillips Foundation
Leonard & Betty Phillips Foundation is a private foundation, based in SHREVEPORT, LA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 20 grants totaling $77K. Net investment income was $169K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.6M
+6.1% YoY
Annual Giving
$77K
+16.7% YoY
Grant Count
20
+17.6% YoY
Avg Grant Size
$4K
-0.8% YoY
Under IRS private-foundation payout rules, Leonard & Betty Phillips Foundation reported a distributable amount of $83K for 2025 — the minimum it must pay out in qualifying distributions.
About Leonard & Betty Phillips Foundation
Based on IRS filings
Leonard & Betty Phillips Foundation is a private foundation, based in SHREVEPORT, LA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1.6M in total assets. In 2025, it awarded 20 grants totaling $77K. Net investment income was $169K.
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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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,552,548 | $1,462,997 | $1,434,202 |
| Revenue | $177,822 | $103,916 | $47,704 |
| Expenses | $88,673 | $75,474 | $113,710 |
| Qualifying Distributions | $78,075 | $66,850 | $101,300 |
| Net Investment Income | $169,056 | $95,829 | $38,621 |
| Distributable Amount | $82,960 | $78,026 | $73,601 |
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 2025
Grant Size Distribution
82 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include North Louisiana Jewish Federation ($16,000), Shreveport Regional Arts Council ($16,000), The Leonard & Betty Phillips Deaf Action Center ($9,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN RED CROSS WASHINGTON, DC | HURRICANE HELENE & CA WILDFIRES | $2,000 |
| B'NAI ZION FOUNDATION SHREVEPORT, LA | UNRESTRICTED GIFT | $4,500 |
| CORNEA RESEARCH FOUNDATION INDIANAPOLIS, IN | UNRESTRICTED GIFT | $2,000 |
| FOOD BANK OF NORTHWEST LOUISIANA SHREVEPORT, LA | UNRESTRICTED GIFT | $1,000 |
| ST JUDE CHILDREN'S RESEARCH HOSPITAL MEMPHIS, TN | UNRESTRICTED GIFT | $3,000 |
| GINGERBREAD HOUSE SHREVEPORT, LA | UNRESTRICTED GIFT | $2,500 |
| GRAWOOD BAPTIST CHURCH KEITHVILLE, LA | FEED THE HOMELESS IN DOWNTOWN SHREVEPORT | $1,500 |
| HOLY ANGELS SHREVEPORT, LA | UNRESTRICTED GIFT | $1,000 |
| LOUISIANA BAPTIST CHILDREN'S HOME MONROE, LA | UNRESTRICTED GIFT | $2,500 |
| MAKE-A-WISH MISSISSIPPI RIDGELAND, MS | UNRESTRICTED GIFT | $3,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SANDRA P KALLENBERG | PRESIDENT | 1 | — |
| TERESA DEAN | SECRETARY/TREASURER | 1 | — |
| COLLIN PHILLIPS | VICE PRESIDENT | 1 | — |
Frequently Asked Questions
How large is Leonard & Betty Phillips Foundation?
As of 2025, Leonard & Betty Phillips Foundation holds $1.6M in total assets with $178K in annual revenue. It awarded 20 grants totaling $77K in 2025.
Where does Leonard & Betty Phillips Foundation operate?
Leonard & Betty Phillips Foundation has awarded grants in District of Columbia, Florida, Indiana, Louisiana, Mississippi, North Carolina, Tennessee.
What size grants does Leonard & Betty Phillips Foundation award?
In 2025, Leonard & Betty Phillips Foundation awarded 20 grants totaling $77K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is Leonard & Betty Phillips Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Leonard & Betty Phillips Foundation reported a distributable amount of $83K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Leonard & Betty Phillips Foundation's EIN?
Leonard & Betty Phillips Foundation's EIN (Employer Identification Number) is 72-6017594. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Leonard & Betty Phillips Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.