Sallie B Phillips Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 15 grants totaling $117K. Net investment income was $116K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.7M
-0.1% YoY
Annual Giving
$117K
+16.3% YoY
Grant Count
15
-21.1% YoY
Avg Grant Size
$8K
+47.3% YoY
Under IRS private-foundation payout rules, Sallie B Phillips Foundation reported a distributable amount of $108K for 2024 — the minimum it must pay out in qualifying distributions.
About Sallie B Phillips Foundation
Based on IRS filings
Sallie B Phillips Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 15 grants totaling $117K. Net investment income was $116K.
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 | $1,701,020 | $1,702,849 | $1,774,962 |
| Revenue | $131,372 | $44,528 | $98,192 |
| Expenses | $133,201 | $116,641 | $119,732 |
| Qualifying Distributions | $116,950 | $100,600 | $100,950 |
| Net Investment Income | $115,872 | $54,033 | $82,767 |
| Distributable Amount | $107,797 | $99,788 | $102,938 |
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
97 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Preservation Foundation of Palm Beach ($100,000), Peggy Adams Animal Rescue League ($3,500), Boys Club of New York ($2,500).
| Recipient | Purpose | Amount |
|---|---|---|
| BATH & TENNIS CLUB PRESERVATION FOUNDATION PALM BEACH, FL | GENERAL | $1,000 |
| BETHESDA BY THE SEA PALM BEACH, FL | GENERAL | $1,200 |
| BOYS CLUB OF NEW YORK NEW YORK, NY | GENRAL | $2,500 |
| FLAGLER MUSEUM PALM BEACH, FL | GENERAL | $1,000 |
| HOPE FOR DEPRESSION FOUNDATION WEST PALM BEACH, FL | GENERAL | $1,000 |
| LINVILLE FOUNDATION LINVILLE, NC | GENERAL | $1,000 |
| NORTH CAROLINA MUSEUM HISTORY RALEIGH, NC | GENERAL | $500 |
| PALM BEACH CIVIC ASSOCIATION INC PALM BEACH, FL | GENERAL | $1,000 |
| PEGGY ADAMS ANIMAL RESCUE LEAGUE WEST PALM BEACH, FL | GENERAL | $3,500 |
| PRESERVATION FOUNDATION OF PALM BEACH PALM BEACH, FL | GENERAL | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SARAH B PHILLIPS | PRESIDENT | 1 | — |
| CAROLINE MUNROE | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Sallie B Phillips Foundation?
Sallie B Phillips Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PALM BEACH, FL. It holds $1.7M in total assets as of 2024.
How large is Sallie B Phillips Foundation?
As of 2024, Sallie B Phillips Foundation holds $1.7M in total assets with $131K in annual revenue. It awarded 15 grants totaling $117K in 2024.
Where does Sallie B Phillips Foundation operate?
Sallie B Phillips Foundation has awarded grants in California, District of Columbia, Florida, Illinois, North Carolina, New Jersey, New York, South Carolina, Texas.
What size grants does Sallie B Phillips Foundation award?
In 2024, Sallie B Phillips Foundation awarded 15 grants totaling $117K — an average of about $8K per grant, based on its IRS Form 990 filings.
How much is Sallie B Phillips Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Sallie B Phillips Foundation reported a distributable amount of $108K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Sallie B Phillips Foundation's EIN?
Sallie B Phillips Foundation's EIN (Employer Identification Number) is 26-2208894. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Sallie B Phillips 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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