Phelps Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TUSCALOOSA, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $321K in total assets. In 2024, it awarded 6 grants totaling $35K. Net investment income was $4K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$321K
+6.0% YoY
Annual Giving
$35K
+40.0% YoY
Grant Count
6
+50.0% YoY
Avg Grant Size
$6K
-6.7% YoY
About Phelps Family Foundation
Based on IRS filings
Phelps Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TUSCALOOSA, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $321K in total assets. In 2024, it awarded 6 grants totaling $35K. Net investment income was $4K.
Focus Areas
Ready to take the next step with Phelps Family Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $321,311 | $302,982 | $275,522 |
| Revenue | $55,210 | $54,211 | $50,265 |
| Expenses | $36,881 | $26,751 | $29,266 |
| Qualifying Distributions | $35,917 | $25,872 | $27,131 |
| Net Investment Income | $4,292 | $3,332 | — |
| Distributable Amount | $15,501 | $13,717 | $12,621 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
22 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARROLL C PHELPS | PRESIDENT | 1 | — |
| SAM TAYLOR PHELPS | VICE-PRESIDENT | 1 | — |
| PAUL CHANDLER PHELPS | VICE-PRESIDENT | 1 | — |
| ANN ELIZABETH PHELPS HILL | SECRETARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
The Foundation of Marshall Medical
GUNTERSVILLE, AL
Assets
$2.7M
Grants
1
Total Given
$225K
Gamma Theta Educational Foundation Inc
TUSCALOOSA, AL
Assets
—
Grants
0
Total Given
—
The Starfish Project
HOOVER, AL
Assets
$2K
Grants
0
Total Given
—
Michael Nix Arts Scholarship a Non Profit Corp
LEXINGTON, AL
Assets
$461
Grants
0
Total Given
—
Raquib Family Waqf Foundation
BIRMINGHAM, AL
Assets
$759K
Grants
1
Total Given
$86K
A Hays Zieman & Christine B Zieman
MOBILE, AL
Assets
$1.0M
Grants
10
Total Given
$40K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Phelps Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities