Ms-SC Trust FBO Phillips Exeter Academy

Public charity · Grantmaker Chevy Chase, MD EIN: 57-6114852

The trusts's mission is to provide phillips exeter academy, nh, a 501(c)(3) educational institution, with funds used to support needy students from the states of ms and sc. In the event that trust funds are not needed to support scholarship students from ms and sc, trust funds may be used to support needy scholarship students from one of the following states: tn, al, ar, and ga. In addition, the trust may provide funds to support the educational programs of the academy.

Ms-SC Trust FBO Phillips Exeter Academy at a glance

In short: Ms-SC Trust FBO Phillips Exeter Academy gave $1.5M across 1 grant in 2021 (avg $1.5M), mostly in New Hampshire. Source: 2021 IRS Form 990.

Annual giving (2021)
$1,500,000
+330.9% vs 2020
Grants made (2021)
1
+0.0% vs 2020
Average grant
$1,500,000
+330.9% vs 2020
Median grant
$1,500,000
Total assets
$24,990,047
-27.6% vs 2020
Primary geography
New Hampshire (100% of itemized 2021 grant dollars)
Latest 990 filing
Form 990, 2021 View filing

Data from IRS Form 990, 2021; updated September 2026.

Who Ms-SC Trust FBO Phillips Exeter Academy funds

How this funder distributes its grants

Top Recipients

Top recipient in 2021

Phillips Exeter Academy: $1.5MPhillips Exeter Academy$1.5M

The largest 2021 recipient was Phillips Exeter Academy ($1.5M).

Grant Size Distribution

2 grants across all recorded years

<$50K$50–100K$100–250K1$250–500K$500K–1M1$1–5M$5M+

The most common grant size was in the $250–500K range: 1 grant of 2 (50%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2021 grant dollars on its one itemized grant.

Cities

Exeter

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M1 grant2020 1 grant2021

From 2020 to 2021, annual grant giving ranged from $348K (2020) to $1.5M (2021). In 2021 it made 1 grant totaling $1.5M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Phillips Exeter Academy Exeter, NHScholarships for needy residents of sc and ms to attend phillips exeter academy$1,500,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2021$24,990,047$2,032,798$1,735,371$1,500,0001$2,032,798
2020$34,535,315$1,398,425$556,328$348,0711$1,398,425

About Ms-SC Trust FBO Phillips Exeter Academy

Based on IRS filings

Ms-SC Trust FBO Phillips Exeter Academy is a public charity, based in Chevy Chase, MD. IRS filing data is available from 2020 through 2021. As of 2021, the organization holds $25.0M in total assets. In 2021, it awarded 1 grant totaling $1.5M. Net investment income was $2.0M.

Leadership & Key People

Officers and directors from IRS filings

Ms-SC Trust FBO Phillips Exeter Academy's 2021 filing lists 5 officers; none of the 5 officers listed in 2021 report compensation.

Officers on the 2021 filing

  • Fred E. Pittman MD

    Founder & Trustee

    On filings since 2020

    3 hrs/week

    No compensation reported

  • John F. Hassell III

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Joseph Fellows

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Timothy D. Pittman

    Trustee

    On filings since 2020

    3 hrs/week

    No compensation reported

  • W. Hodding Carter

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

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 Ms-SC Trust FBO Phillips Exeter Academy

How much does Ms-SC Trust FBO Phillips Exeter Academy give each year?

Ms-SC Trust FBO Phillips Exeter Academy gave $1.5M across 1 grant in 2021, according to its 2021 IRS Form 990. In 2020 it gave $348K across 1 grant.

How large is Ms-SC Trust FBO Phillips Exeter Academy?

Ms-SC Trust FBO Phillips Exeter Academy reported $25.0M in total assets on its 2021 IRS Form 990. Its revenue that year was $2.0M.

Where does Ms-SC Trust FBO Phillips Exeter Academy operate?

Ms-SC Trust FBO Phillips Exeter Academy has awarded grants in New Hampshire.

What is Ms-SC Trust FBO Phillips Exeter Academy's EIN?

Ms-SC Trust FBO Phillips Exeter Academy's EIN (Employer Identification Number) is 57-6114852. IRS Form 990 filing data is available on this page for 2020–2021.

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

Data update history

(3)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 4, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
  3. IRS filings on file for fiscal years 2020–2021

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

Figures come from Ms-SC Trust FBO Phillips Exeter Academy'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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