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
Under IRS private-foundation payout rules, Phelps Family Foundation reported a distributable amount of $16K for 2024 — 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 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
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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 | 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
Among its reported 2024 grants, the largest include Miscellaneous Grant ($10,000), Camp Seafarer ($6,000), Home in Place ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CAMP SEAFARER ARAPAHOE, NC | SUPPORT OF PROGRAMS | $6,000 |
| SAMARITAN'S PURSE BOONE, NC | SUPPORT OF PROGRAMS | $5,000 |
| MARGIT AND FRANK MESSIER ENDOWED FUND TUSCALOOSA, AL | SUPPORT OF PROGRAMS | $5,000 |
| HOME IN PLACE TUSCALOOSA, AL | SUPPORT OF PROGRAMS | $6,000 |
| YMCA BLUE RIDGE ASSEMBLY BLACK MOUNTAIN, NC | SUPPORT OF PROGRAMS | $3,000 |
| MISCELLANEOUS GRANT TUSCALOOSA, AL | SUPPORT OF PROGRAMS | $10,000 |
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
Frequently Asked Questions
What is Phelps Family Foundation?
Phelps Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TUSCALOOSA, AL. It holds $321K in total assets as of 2024.
How large is Phelps Family Foundation?
As of 2024, Phelps Family Foundation holds $321K in total assets with $55K in annual revenue. It awarded 6 grants totaling $35K in 2024.
Where does Phelps Family Foundation operate?
Phelps Family Foundation has awarded grants in Alabama, District of Columbia, North Carolina.
What size grants does Phelps Family Foundation award?
In 2024, Phelps Family Foundation awarded 6 grants totaling $35K — an average of about $6K 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 2024, Phelps Family Foundation reported a distributable amount of $16K 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 84-4032465. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Phelps Family 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.
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