Phillips Family Foundation Trust
Phillips Family Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENOBSCOT, ME. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 8 grants totaling $162K. Net investment income was $104K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
-5.8% YoY
Annual Giving
$162K
+130.7% YoY
Grant Count
8
+33.3% YoY
Avg Grant Size
$20K
+73.0% YoY
Under IRS private-foundation payout rules, Phillips Family Foundation Trust reported a distributable amount of $115K for 2024 — the minimum it must pay out in qualifying distributions.
About Phillips Family Foundation Trust
Based on IRS filings
Phillips Family Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENOBSCOT, ME. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 8 grants totaling $162K. Net investment income was $104K.
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 | $1,066,505 | $1,132,212 | $1,223,710 |
| Revenue | $132,658 | $12,269 | $52,650 |
| Expenses | $198,365 | $103,767 | $175,565 |
| Qualifying Distributions | $169,260 | $77,927 | $148,611 |
| Net Investment Income | $103,553 | $13,080 | $25,696 |
| Distributable Amount | $114,584 | $100,356 | $102,749 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Galapagos Conservancy Inc ($31,500), Imago Dei Middle School ($20,000), Rim Country Literacy Program Inc ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GALAPAGOS CONSERVANCY INC FAIRFAX, VA | TORTOISE SUPPORT/CONSERVATION EFFORTS | $31,500 |
| IMAGO DEI MIDDLE SCHOOL TUCSON, AZ | BREAKING CYCLE OF POVERTY FOR 4TH-8TH GRADE YOUTH | $20,000 |
| RIM COUNTRY LITERACY PROGRAM INC PAYSON, AZ | OPERATING FUNDS RIM KIDS PROJECT LITERACY AND CLOTHING FOR LOW INCOME FAMILIES | $20,000 |
| ST MICHAEL INDIAN SCHOOL SAINT MICHEALS, AZ | TECHNOLOGY-INTERACTIVE TOUCH TABLE PROJECT K-5 GRADES CONTRIBUTION | $20,000 |
| THE BIBLE SOCIETY OF MAINE PORTLAND, ME | OPERATING FUNDS PRISON OUTREACH & AFTER SCHOOL/HOMEWORK SUPPORT | $20,000 |
| TUCSON BOTANICAL GARDENS TUCSON, AZ | IMPROVING PATHWAYS FOR HANDICAP ACCESS/HORTICULTURAL THERAPY GREENHOUSE UPKEEP GRANT | $20,000 |
| ENERGY OUTREACH COLORADO DENVER, CO | PROVIDES ENERGY ASSISTANCE TO THOSE IN NEED ACROSS THE STATE | $15,000 |
| SAFE HARBOR WESTBROOK, CT | TO HELP PROVIDE HOUSING FOR ELDERLY AND OTHER QUALIFIED OCCUPANTS | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANNA JULIA JOHNSON PHILLIPS | TRUSTEE | 0.5 | $3,500 |
| PAUL CHRISTOPHER PHILLIPS | TRUSTEE | 0.5 | $3,500 |
| RICHARD S HUDGINS | ADVISOR | 0.25 | — |
| WATSON LYMAN PHILLIPS | ADVISOR | 0.25 | — |
| ALIDA VERNON PHILLIPS | ADVISOR | 0.25 | — |
| JOHN WG PHILLIPS | ADVISOR | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Phillips Family Foundation Trust?
Phillips Family Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENOBSCOT, ME. It holds $1.1M in total assets as of 2024.
How large is Phillips Family Foundation Trust?
As of 2024, Phillips Family Foundation Trust holds $1.1M in total assets with $133K in annual revenue. It awarded 8 grants totaling $162K in 2024.
Where does Phillips Family Foundation Trust operate?
Phillips Family Foundation Trust has awarded grants in Arizona, Colorado, Connecticut, Maine, South Carolina, Virginia.
What size grants does Phillips Family Foundation Trust award?
In 2024, Phillips Family Foundation Trust awarded 8 grants totaling $162K — an average of about $20K per grant, based on its IRS Form 990 filings.
How much is Phillips Family Foundation Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Phillips Family Foundation Trust reported a distributable amount of $115K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Phillips Family Foundation Trust's EIN?
Phillips Family Foundation Trust's EIN (Employer Identification Number) is 20-2760817. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Phillips Family Foundation Trust'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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