Phillips Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BERWYN, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $329K in total assets. In 2024, it awarded 5 grants totaling $11K. Net investment income was $81K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$329K
+27.9% YoY
Annual Giving
$11K
+10.0% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$2K
-12.0% YoY
Under IRS private-foundation payout rules, Phillips Family Foundation reported a distributable amount of $12K for 2024 — the minimum it must pay out in qualifying distributions.
About Phillips Family Foundation
Based on IRS filings
Phillips Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BERWYN, PA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $329K in total assets. In 2024, it awarded 5 grants totaling $11K. Net investment income was $81K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $328,837 | $257,112 | $256,397 |
| Revenue | $86,773 | $14,371 | $1,813 |
| Expenses | $15,048 | $13,656 | $13,229 |
| Qualifying Distributions | $11,000 | $10,000 | $10,500 |
| Net Investment Income | $81,225 | $10,715 | $3,161 |
| Distributable Amount | $11,973 | $11,632 | $10,726 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 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 Utah Avalanche Center ($3,500), Utah Olympic Legacy Foundation ($3,000), Recycle Utah ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| MOUNTAIN TRAILS FOUNDATION PARK CITY, UT | CHARITABLE SUPPORT | $1,500 |
| RECYCLE UTAH PARK CITY, UT | CHARITABLE SUPPORT | $2,000 |
| UTAH AVALANCHE CENTER SALT LAKE CITY, UT | CHARITABLE SUPPORT | $3,500 |
| UTAH OLYMPIC LEGACY FOUNDATION PARK CITY, UT | CHARITABLE SUPPORT | $3,000 |
| LEGAL AID SOCIETY OF SALT LAKE SALT LAKE CITY, UT | CHARITABLE SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WALTER S PHILLIPS | TRUSTEE | 2 | — |
| LAURA P PROVINE | TRUSTEE | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Phillips Family Foundation?
Phillips Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BERWYN, PA. It holds $329K in total assets as of 2024.
How large is Phillips Family Foundation?
As of 2024, Phillips Family Foundation holds $329K in total assets with $87K in annual revenue. It awarded 5 grants totaling $11K in 2024.
Where does Phillips Family Foundation operate?
Phillips Family Foundation has awarded grants in Utah.
What size grants does Phillips Family Foundation award?
In 2024, Phillips Family Foundation awarded 5 grants totaling $11K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Phillips Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Phillips Family Foundation reported a distributable amount of $12K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Phillips Family Foundation's EIN?
Phillips Family Foundation's EIN (Employer Identification Number) is 81-4244653. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Phillips 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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