Mildred L Phillips Charitable

PALM BEACH GARDENS, FL EIN: 86-2884945

Mildred L Phillips Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 3 grants totaling $103K. Net investment income was $123K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.3M

-1.7% YoY

Annual Giving

$103K

-12.0% YoY

Grant Count

-70.0% YoY

Avg Grant Size

$34K

+193.4% YoY

Under IRS private-foundation payout rules, Mildred L Phillips Charitable reported a distributable amount of $123K for 2024 — the minimum it must pay out in qualifying distributions.

About Mildred L Phillips Charitable

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Florida $207K (84%)

Maryland $15K (6%)

Illinois $10K (4%)

Wisconsin $10K (4%)

Texas $3K (1%)

States

Florida Illinois Maryland Texas Wisconsin

Cities

AustinBethesdaChicagoJupiterMilwaukeeNorth Palm BeachPalm BeachPalm Beach GardendsWest Palm BeachWeston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,269,974	$2,310,113	$2,399,733
Revenue	$135,657	$68,403	$1,443,829
Expenses	$175,796	$158,023	$51,394
Qualifying Distributions	$111,775	$117,000	$25,000
Net Investment Income	$122,629	$68,403	$40,300
Distributable Amount	$123,360	$117,277	$90,893

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

14 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cleveland Clinic - Philanthropy Institute ($65,000), Friends of Mounts Botanical Garden ($35,000), Liberty Ukraine Foundation ($3,000).

Recipient	Purpose	Amount
CLEVELAND CLINIC - PHILANTHROPY INSTITUTE WESTON, FL	HEALTHCARE, MEDICAL RESEARCH	$65,000
FRIENDS OF MOUNTS BOTANICAL GARDEN PALM BEACH GARDENDS, FL	TO INSPIRE AND EDUCATE THROUGH NATURE.	$35,000
LIBERTY UKRAINE FOUNDATION AUSTIN, TX	TO PROVIDE HUMANITARIAN AID TO PEOPLE IMPACTED BY WAR OR ANY DISASTER.	$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RANDELL C DOANE	PRESIDENT/DIRECTOR	1	—
REBECCA G DOANE	VICE PRESIDENT/DIRECTOR	1	—
H BRYAN DOANE	SECRETARY	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Mildred L Phillips Charitable?

Mildred L Phillips Charitable is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH GARDENS, FL. It holds $2.3M in total assets as of 2024.

How large is Mildred L Phillips Charitable?

As of 2024, Mildred L Phillips Charitable holds $2.3M in total assets with $136K in annual revenue. It awarded 3 grants totaling $103K in 2024.

Where does Mildred L Phillips Charitable operate?

Mildred L Phillips Charitable has awarded grants in Florida, Illinois, Maryland, Texas, Wisconsin.

What size grants does Mildred L Phillips Charitable award?

In 2024, Mildred L Phillips Charitable awarded 3 grants totaling $103K — an average of about $34K per grant, based on its IRS Form 990 filings.

How much is Mildred L Phillips Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mildred L Phillips Charitable reported a distributable amount of $123K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.