The Jesse and Caryl Philips
The Jesse and Caryl Philips Foundation is a private foundation established in October 1990 and based in Dayton, Ohio. The foundation operates as an independent foundation classified as a 501(c)(3) organization, making it eligible to receive tax-deductible donations.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$18.5M
+3.2% YoY
Annual Giving
$790K
-71.1% YoY
Grant Count
29
-21.6% YoY
Avg Grant Size
$27K
-63.1% YoY
Under IRS private-foundation payout rules, The Jesse and Caryl Philips reported a distributable amount of $1.1M for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports a broad range of charitable purposes including:
- Arts and culture
- Education
- Social and human services
- Religion
- Health
- Environment
- Family planning
- Federated giving programs
- Higher education
- Jewish organizations
- Recreation
Grantmaking
The foundation does not respond to unsolicited applications for funding. Grant opportunities are by invitation only.
Grant Range
$1,000 to $1,020,500
Average Grant
amount varies by year
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Ohio, Texas, and New York.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending June 2025:
- Total assets: $18,490,584
- Total revenue: $1,868,085
- Total expenses: $1,298,074
- Net income: $570,011
- Total liabilities: $0
Revenue Composition (FY 2025):
- Investment income and dividends: $443,678
- Net gain from sale of non-inventory assets: $919,120
Historical Assets:
- FY 2024: $17,920,573
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $18,490,584 | $17,920,573 | $17,276,736 |
| Revenue | $1,868,085 | $3,771,224 | $399,676 |
| Expenses | $1,298,074 | $3,128,489 | $1,012,030 |
| Qualifying Distributions | $1,004,284 | $2,946,447 | $844,767 |
| Net Investment Income | $1,649,321 | $3,589,168 | $230,534 |
| Distributable Amount | $1,138,429 | $1,085,165 | $1,071,958 |
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 2025
Grant Size Distribution
154 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Dayton Performing Arts Alliance ($500,000), American Red Cross ($50,000), National Geographic Society ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DAYBREAK DAYTON, OH | GENERAL SUPPORT | $2,500 |
| DAYTON PERFORMING ARTS ALLIANCE DAYTON, OH | GENERAL SUPPORT | $500,000 |
| FRIENDS OF AULLWOOD DAYTON, OH | GENERAL SUPPORT | $240 |
| HUMANE SOCIETY OF GREATER DAYTON DAYTON, OH | GENERAL SUPPORT | $5,000 |
| THE HUNDRED CLUB OF DAYTON HOUSTON, TX | GENERAL SUPPORT | $400 |
| MUSE MACHINE DAYTON, OH | GENERAL SUPPORT | $10,000 |
| CULTURE WORKS HOLLAND, MI | GENERAL SUPPORT | $2,500 |
| JUST WORLD INTERNATIONAL WELLINGTON, FL | GENERAL SUPPORT | $30,000 |
| USET FOUNDATION GLADSTONE, NJ | GENERAL SUPPORT | $15,000 |
| AMERICAN RED CROSS COLUMBUS, OH | GENERAL SUPPORT | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Caryl Philips serves as trustee of the foundation. Jesse Philips is identified as the major donor.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARYL PHILIPS | PRESIDENT | 10 | $119,192 |
| MARY BEATTY | TRUSTEE | 2 | $37,112 |
| BENJAMIN BEATTY | TRUSTEE | 2 | $37,112 |
Recent News & Activity
Recent developments and announcements
The foundation has demonstrated active grantmaking in 2025, with significant support directed toward the Dayton Performing Arts Alliance and national organizations including the National Geographic Society. The foundation maintains a giving rate of approximately 15.2% of assets.
Salk scientists receive significant philanthropic support with five ...Frequently Asked Questions
What does The Jesse and Caryl Philips fund?
The foundation supports a broad range of charitable purposes including: • Arts and culture • Education • Social and human services • Religion • Health • Environment • Family planning • Federated giving programs • Higher education • Jewish organizations • Recreation
How do I apply for a grant from The Jesse and Caryl Philips?
**Grant Activity:** • Made 29 grants in fiscal year 2025 • Total giving of $790,140 in 2025 • Grant range: $1,000 to $1,020,500 • Median grant amount: $10,000 • Average grant amount varies by year **Recent Grants (FY 2025):** • Dayton Performing Arts Alliance: $500,000 (General Support) • National Geographic Society: $50,000 (General Support) • United Way of the Greater Dayton Area: $20,000 (General Support) **Application Policy:** The foundation does not respond to unsolicited applications for…
Where does The Jesse and Caryl Philips make grants?
The foundation primarily funds organizations in Ohio, Texas, and New York.
What size grants does The Jesse and Caryl Philips award?
In 2025, The Jesse and Caryl Philips awarded 29 grants totaling $790K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is The Jesse and Caryl Philips required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, The Jesse and Caryl Philips reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Jesse and Caryl Philips's EIN?
The Jesse and Caryl Philips's EIN (Employer Identification Number) is 34-1656718. IRS Form 990 filing data is available on this page for 2020–2025.
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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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