Phillips Family Foundation
The Phillips Family Foundation is a private independent foundation established in October 2001 and based in Houston, Texas. The foundation is a 501(c)(3) organization designated for philanthropic, charitable, and grantmaking purposes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$85.7M
+63.0% YoY
Annual Giving
$5.1M
+0.2% YoY
Grant Count
41
+2.5% YoY
Avg Grant Size
$125K
-2.3% YoY
Under IRS private-foundation payout rules, Phillips Family Foundation reported a distributable amount of $2.6M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports organizations in the following areas:
- Education
- Human Services
- General Charitable Purposes (unrestricted support to charitable organizations)
- Philanthropy, Voluntarism & Grantmaking
Grantmaking
Grant Range
$250 – $1,277,000
How to Apply
**Grant Amounts:**
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Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in:
- Texas (primary focus)
- Louisiana
- Virginia
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $85,718,082
- Annual Giving: $5,124,983
As of 2023:
- Total Assets: $52,603,322
- Total Revenues: $14,122,466
- Total Expenses: $5,373,353
- Total Grants, Contributions: $9,126,027
- Investment Income and Dividends: $1,294,213
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $85,718,082 | $52,603,322 | $47,121,939 |
| Revenue | $49,133,283 | $14,122,466 | $7,797,825 |
| Expenses | $5,421,446 | $5,373,353 | $5,511,553 |
| Qualifying Distributions | $5,129,598 | $5,122,211 | $5,032,382 |
| Net Investment Income | $8,187,669 | $4,745,297 | $1,848,916 |
| Distributable Amount | $2,636,296 | $2,081,519 | $2,202,543 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
130 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Memorial Drive Presbyterian Church ($1,550,000), Memorial Hermann Foundation ($1,000,000), Lsu Foundation ($505,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AGAPE DEVELOPMENT HOUSTON, TX | GENERAL CHARITABLE PURPOSE | $25,000 |
| ANTIOCH PARTNERS HOUSTON, TX | GENERAL CHARITABLE PURPOSE | $25,000 |
| ATHLETES IN ACTION ORLANDO, FL | GENERAL CHARITABLE PURPOSE | $25,000 |
| BROOKWOOD COMMUNITY BROOKSHIRE, TX | GENERAL CHARITABLE PURPOSE | $25,000 |
| COVENANT HOUSE HOUSTON, TX | GENERAL CHARITABLE PURPOSE | $250,000 |
| CYSTIC FIBROSIS FOUNDATION HOUSTON, TX | GENERAL CHARITABLE PURPOSE | $35,000 |
| DALLAS THEOLOGICAL SEMINARY DALLAS, TX | GENERAL CHARITABLE PURPOSE | $25,000 |
| FAMILY LEGACY DALLAS, TX | GENERAL CHARITABLE PURPOSE | $3,000 |
| FRIENDS OF LPB BATON ROUGE, LA | GENERAL CHARITABLE PURPOSE | $12,000 |
| GEORGE & BARBARA BUSH FOUNDATION COLLEGE STATION, TX | GENERAL CHARITABLE PURPOSE | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- President: Donald M. Phillips
- Secretary: Liane M. Phillips
- Directors: Connor L. Phillips and Callie M. Phillips
All board members serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DONALD M PHILLIPS | PRESIDENT | 1 | — |
| LIANE M PHILLIPS | SECRETARY | 1 | — |
| CONNOR L PHILLIPS | DIRECTOR | 1 | — |
| CALLIE M PHILLIPS | DIRECTOR | 1 | — |
Contact Information
Address: 9651 Katy Fwy Ste 525, Houston, TX 77024-1598
Telephone: 713-659-6100
Note: The foundation does not maintain a public website or published contact information for unsolicited grant inquiries.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Phillips Family Foundation fund?
The foundation supports organizations in the following areas: • **Education** • **Human Services** • **General Charitable Purposes** (unrestricted support to charitable organizations) • **Philanthropy, Voluntarism & Grantmaking**
How do I apply for a grant from Phillips Family Foundation?
**Grant Structure:** • Trustee-directed grantmaking model • Invitation-only / preselected organizations • No published grant application process **Grant Amounts:** • Grant range: $250 – $1,277,000 • Median grant size: $26,000 • Annual grant activity: Approximately 40–47 grants per year **Recent Grant Examples (2023):** • Memorial Drive Presbyterian Church: $1,277,000 • Memorial Hermann Foundation: $550,000 • Covenant House Texas: $250,000
Where does Phillips Family Foundation make grants?
The foundation primarily supports organizations in: • **Texas** (primary focus) • **Louisiana** • **Virginia**
What size grants does Phillips Family Foundation award?
In 2024, Phillips Family Foundation awarded 41 grants totaling $5.1M — an average of about $125K 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 $2.6M 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 75-0590214. 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 June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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