Phelps Family Foundation

ENCINO, CA EIN: 20-1974643

Phelps Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ENCINO, CA. IRS filing data is available for 2021. As of 2021, the organization holds $2K in total assets. In 2021, it awarded 1 grants totaling $850K.

Financial Overview

From 2021 IRS Form 990-PF · View filing

Total Assets

$2K

Annual Giving

$850K

Grant Count

1

Avg Grant Size

$850K

Under IRS private-foundation payout rules, Phelps Family Foundation reported a distributable amount of $121 for 2021 — the minimum it must pay out in qualifying distributions.

About Phelps Family Foundation

Based on IRS filings

Phelps Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ENCINO, CA. IRS filing data is available for 2021. As of 2021, the organization holds $2K in total assets. In 2021, it awarded 1 grants totaling $850K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Seattle

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$235K$470K$705K$939K2021
Metric2021
Total Assets$2,002
Revenue$3,205
Expenses$853,988
Qualifying Distributions
Net Investment Income
Distributable Amount$121

Giving Over Time

Total grant dollars and number of grants per year

$0$213K$425K$638K$850K1 grants2021

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2021

INSTITUTE FOR SYSTEMS BI…$850K

Grant Size Distribution

1 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

Among its reported 2021 grants, the largest include Institute for Systems Biology ($850,000).

RecipientPurposeAmount
INSTITUTE FOR SYSTEMS BIOLOGY SEATTLE, WATO HELP FUND GENERAL CHARITABLE OPERATIONS$850,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2021 IRS filing

From 2021 filing

NameTitleHoursCompensation
MICHAEL E PHELPSPRESIDENT2
PATRICIA E PHELPSVICE-PRESIDENT/SECRETARY2
RANDY RICHTREASURER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Phelps Family Foundation?

Phelps Family Foundation is a nonprofit organization focused on Philanthropy, Voluntarism & Grantmaking, based in ENCINO, CA. It holds $2K in total assets as of 2021.

How large is Phelps Family Foundation?

As of 2021, Phelps Family Foundation holds $2K in total assets with $3K in annual revenue. It awarded 1 grants totaling $850K in 2021.

Where does Phelps Family Foundation operate?

Phelps Family Foundation has awarded grants in Washington.

What size grants does Phelps Family Foundation award?

In 2021, Phelps Family Foundation awarded 1 grants totaling $850K — an average of about $850K per grant, based on its IRS Form 990 filings.

How much is Phelps Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2021, Phelps Family Foundation reported a distributable amount of $121 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Phelps Family Foundation's EIN?

Phelps Family Foundation's EIN (Employer Identification Number) is 20-1974643. IRS Form 990 filing data is available on this page for 2021.

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

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