Phillips Family Foundation Inc
Phillips Family Foundation Inc is a private foundation, based in Kennesaw, GA. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 2 grants totaling $252K. Net investment income was $358K.
Key facts about Phillips Family Foundation Inc
In short: Phillips Family Foundation Inc gave $252K across 2 grants in 2024 (avg $126K), mostly in Georgia. Source: 2024 IRS Form 990-PF.
- EIN
- 93-4950236
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $251,588
- Grants made (2024)
- 2
- Average grant
- $125,794
- Median grant
- $125,794
- Total assets
- $2,723,454
- Primary geography
- Georgia (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
+36.1% YoY
Annual Giving
$252K
Grant Count
2
Avg Grant Size
$126K
Under IRS private-foundation payout rules, Phillips Family Foundation Inc reported a distributable amount of $87K for 2024 — the minimum it must pay out in qualifying distributions.
How Phillips Family Foundation Inc gives
- In 2024 it paid out 290% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with Phillips Family Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 2 grants totaling $252K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
The largest 2024 recipient was Crosspoint City Church ($197K). Together the top 2 received $252K.
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $50–100K range: 1 grant of 2 (50%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Crosspoint City Church Cartersville, GA | Charitable | $197,088 |
| North Cobb Christian School Kennesaw, GA | Charitable | $54,500 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $2,723,454 | $2,000,442 |
| Revenue | $1,259,210 | $2,000,442 |
| Expenses | $252,738 | — |
| Qualifying Distributions | $251,588 | — |
| Net Investment Income | $357,827 | $442 |
| Distributable Amount | $86,727 | $8,204 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2024
Leadership & Key People
Officers and directors from IRS filings
Phillips Family Foundation Inc is led by Courtland Phillips, President on every filing since 2023; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Courtland Phillips
President
On filings since 2023
1 hr/week
No compensation reported
Courtney Phillips
Secretary
On filings since 2023
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2023–2024. "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 Family Foundation Inc
How much does Phillips Family Foundation Inc give each year?
Phillips Family Foundation Inc gave $252K across 2 grants in 2024, according to its 2024 IRS Form 990-PF.
How large is Phillips Family Foundation Inc?
Phillips Family Foundation Inc reported $2.7M in total assets on its 2024 IRS Form 990-PF. It paid out $252K in qualifying distributions that year, against a required minimum of $87K (roughly 5% of its investment assets).
Where does Phillips Family Foundation Inc operate?
Phillips Family Foundation Inc has awarded grants in Georgia.
What is Phillips Family Foundation Inc's EIN?
Phillips Family Foundation Inc's EIN (Employer Identification Number) is 93-4950236. IRS Form 990 filing data is available on this page for 2023–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Phillips Family Foundation Inc by hand.
Explore Open Grants
Browse active grant opportunities in Phillips Family Foundation Inc's focus areas in our free grants database
Similar Funders
Funders with grantees in common
Promising Pathways Inc
Kennesaw, GA
To provide funding for private faith based education to students with challenging circumstances.
Assets
$3K
Grants
1
Total Given
$34K
Ralph L Smith Foundation
Kansas City, MO
The Ralph L Smith Foundation made grants for broadly charitable purposes, with 2024 awards ranging from about $2.1 million to $5.9 million; recipients were in Pennsylvania, Missouri, and Nebraska. Its 2024 filing is marked as a final return, so it appears to have stopped grantmaking. The filing says it did not restrict giving to preselected organizations and described a process for unsolicited requests, but that guidance may no longer be current.
Assets
—
Grants
3
Total Given
$12.3M
Lisa and Bob Cheeley Foundation Inc
Johns Creek, GA
The foundation supports a range of charitable organizations, including religious, educational, and community-service groups, with most funding going to Georgia. In 2025 it made 14 grants totaling $195,750; grants ranged from $100 to $158,000, with a median of $2,425. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$228K
Grants
14
Total Given
$196K
IBM International Foundation
Armonk, NY
The IBM International Foundation funds education and workforce programs that build 21st-century and technology job skills, including initiatives for underserved students and job seekers. Its 2024 grants ranged from $10,000 to $8.48 million, with a median of $100,000, and went to organizations across several U.S. states, especially Delaware and Massachusetts. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$357.7M
Grants
16
Total Given
$11.7M
Matthews Family Foundation
Marietta, GA
The Matthews Family Foundation funds organizations serving brain injury and disability communities, providing international aid, supporting children and families, and offering religious and youth programs. In 2024, grants ranged from $15,000 to $49,143, with a median of $20,000; most funding went to Georgia, followed by Colorado, North Carolina, Indiana, and Texas. It gives only to preselected charities and does not accept unsolicited requests.
Assets
$9.5M
Grants
20
Total Given
$517K
J Bulow Campbell Foundation
Atlanta, GA
The J. Bulow Campbell Foundation primarily supports capital campaigns in education, youth development, human services, public spaces, and cultural institutions, with a preference for established nonprofits and added consideration for Christian-based organizations. Its 2024 grants ranged from $100,000 to $4.5 million, with a median of $400,000; it focuses on Atlanta and Georgia, with eligibility extending to five neighboring states. Applicants are encouraged to speak with staff before beginning with a one-page request letter.
Assets
$758.1M
Grants
57
Total Given
$40.0M
Stanley M Herzog Charitable Foundation
Smithville, MO
The foundation funds Christ-centered K–12 education, primarily in Missouri, with 94% of its 2024 grant dollars going to Missouri recipients. Its 71 grants totaled $68.3 million, ranging from $1,000 to $59.8 million, with a median grant of $6,250. It does not accept unsolicited grant requests.
Assets
$285.0M
Grants
71
Total Given
$68.3M
McKesson Foundation Inc
Dallas, TX
The McKesson Foundation funds cancer support and care, healthcare workforce pathways, and emergency response, with grants mainly supporting organizations in the United States and Canada. Its 2025 grants had a median of $100,000, though amounts ranged from $10,000 to about $2.47 million. Its filing says it does not accept unsolicited requests, while its application page describes an online application process with stated submission windows.
Assets
$1.6M
Grants
76
Total Given
$16.6M
The Community Foundation of Northwest Georgia Inc
Dalton, GA
The Community Foundation of Northwest Georgia funds arts and culture, education, social services, historic preservation, environmental projects, and other community needs. Its competitive Community Grants are typically $1,000–$4,000 for qualified local organizations in Bartow, Whitfield, and Gordon Counties; Operation Round Up grants offer up to $10,000 to eligible organizations in member service counties. The profile describes application cycles for these programs but does not state whether unsolicited requests are accepted for other grants.
Assets
$96.6M
Grants
143
Total Given
$5.6M
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health access and stronger health systems, with a focus on adult and pediatric cancers, blood disorders, brain health, and clinical-trial participation in the United States, Brazil, India, and ten Sub-Saharan African countries. In 2024, its median grant was about $134,000, though awards varied widely; it does not state whether it accepts unsolicited requests, and advises prospective applicants to contact the Foundation about its process.
Assets
$83.3M
Grants
144
Total Given
$67.7M
Global Impact
Washington, DC
Global Impact funds a broad range of charitable and social-impact work, including global causes, social welfare, equity, refugee assistance, and nonprofit programs. In 2025, it reported 266 grants, with a median of $75,000 and awards ranging from $6,808 to $5.85 million; grants went mainly to U.S. organizations, especially in DC, California, and New York. The profile does not state whether it accepts unsolicited requests.
Assets
$283.6M
Grants
266
Total Given
$48.2M
The Arthur M Blank Family Foundation
Atlanta, GA
The Arthur M. Blank Family Foundation funds work in Atlanta’s Westside, democracy, the environment, mental health and well-being, youth development, and founder initiatives, with a focus on Georgia and Montana and some national impact. In 2024, grants ranged from $500 to $20 million, with a median of $50,000. It makes grants by invitation and does not accept unsolicited requests.
Assets
$466.3M
Grants
586
Total Given
$212.1M
More Funders in Georgia
Phillips Family Foundation Inc down — hundreds of funders to go?