Phillips Circle of Hope Inc

Private foundation · Grantmaker Bridgewater, NJ EIN: 39-4543141

Phillips Circle of Hope Inc is a private foundation, based in Bridgewater, NJ. IRS filing data is available for 2025. As of 2025, the organization holds $47K in total assets. In 2025, it awarded 1 grant totaling $3K.

Phillips Circle of Hope Inc at a glance

In short: Phillips Circle of Hope Inc gave $3K across 1 grant in 2025 (avg $3K), mostly in New Jersey. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$2,675
Grants made (2025)
1
Average grant
$2,675
Median grant
$2,675
Total assets
$47,325
Primary geography
New Jersey (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Phillips Circle of Hope Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Andrew: $3KAndrew$3K

The largest 2025 recipient was Andrew ($3K).

Grant Size Distribution

1 grant across all recorded years

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

The most common grant size was under $50K: 1 grant of 1 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Bridgewater

How Phillips Circle of Hope Inc gives

  • In 2025 it paid out 115% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1K$2K$3K1 grant2025

In 2025 it made 1 grant totaling $3K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Andrew Bridgewater, NJCharitable assi$2,675
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2025$47,325$50,000$2,675$2,6751$2,675$2,331

Under IRS private-foundation payout rules, Phillips Circle of Hope Inc reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Phillips Circle of Hope Inc is led by Desmond Phillips, President on the 2025 filing; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Desmond Phillips

    President

    New on the 2025 filing

    10 hrs/week

    No compensation reported

  • Oscar Phillips

    Chairman

    New on the 2025 filing

    10 hrs/week

    No compensation reported

  • Lily Phillips

    Treasurer

    New on the 2025 filing

    10 hrs/week

    No compensation reported

  • Raymond Phillips

    Secretary

    New on the 2025 filing

    10 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2025. "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 Phillips Circle of Hope Inc

How much does Phillips Circle of Hope Inc give each year?

Phillips Circle of Hope Inc gave $3K across 1 grant in 2025, according to its 2025 IRS Form 990-PF.

How large is Phillips Circle of Hope Inc?

Phillips Circle of Hope Inc reported $47K in total assets on its 2025 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).

Where does Phillips Circle of Hope Inc operate?

Phillips Circle of Hope Inc has awarded grants in New Jersey.

What is Phillips Circle of Hope Inc's EIN?

Phillips Circle of Hope Inc's EIN (Employer Identification Number) is 39-4543141. IRS Form 990 filing data is available on this page for 2025.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 18, 2026)

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

Figures come from Phillips Circle of Hope Inc'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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