The Phillips Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 9 grants totaling $140K. Net investment income was $188K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
+1.9% YoY
Annual Giving
$140K
-3.4% YoY
Grant Count
9
-18.2% YoY
Avg Grant Size
$16K
+18.0% YoY
Under IRS private-foundation payout rules, The Phillips Family Foundation reported a distributable amount of $155K for 2024 — the minimum it must pay out in qualifying distributions.
About The Phillips Family Foundation
Based on IRS filings
The Phillips Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 9 grants totaling $140K. Net investment income was $188K.
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 | $2,280,323 | $2,237,975 | $2,107,461 |
| Revenue | $209,544 | $299,530 | $134,060 |
| Expenses | $167,196 | $169,016 | $178,853 |
| Qualifying Distributions | $140,000 | $146,750 | $151,523 |
| Net Investment Income | $188,348 | $277,764 | $111,230 |
| Distributable Amount | $155,111 | $136,256 | $143,300 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Lyme Treatment Foundation ($20,000), Kids Summer Lunch Program ($20,000), Grace Place for Children and Families ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| The Fistula Foundation SAN JOSE, CA | GENERAL CHARITABLE PURPOSES | $15,000 |
| Community Food Cupboard Inc MANCHESTER CTR, VT | GENERAL CHARITABLE PURPOSES | $15,000 |
| Cafe of Life Inc BONITA SPRINGS, FL | GENERAL CHARITABLE PURPOSES | $15,000 |
| Meals on Wheels Bennington, VT | GENERAL CHARITABLE PURPOSES | $15,000 |
| The Lyme Treatment Foundation Boca Raton, FL | GENERAL CHARITABLE PURPOSES | $20,000 |
| Kids Summer Lunch Program Plainfield, IN | GENERAL CHARITABLE PURPOSES | $20,000 |
| Grace Place for Children and Families Naples, FL | GENERAL CHARITABLE PURPOSES | $20,000 |
| Mother's Club of Haiti Frederick, MD | GENERAL CHARITABLE PURPOSES | $10,000 |
| United Counseling Services MANCHESTER CTR, VT | GENERAL CHARITABLE PURPOSES | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARLES A PHILLIPS | TRUSTEE | 1 | — |
| JAN V M PHILLIPS | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Phillips Family Foundation?
The Phillips Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ALBANY, NY. It holds $2.3M in total assets as of 2024.
How large is The Phillips Family Foundation?
As of 2024, The Phillips Family Foundation holds $2.3M in total assets with $210K in annual revenue. It awarded 9 grants totaling $140K in 2024.
Where does The Phillips Family Foundation operate?
The Phillips Family Foundation has awarded grants in California, Connecticut, Florida, Georgia, Indiana, Maryland, Minnesota, New York, Vermont.
What size grants does The Phillips Family Foundation award?
In 2024, The Phillips Family Foundation awarded 9 grants totaling $140K — an average of about $16K per grant, based on its IRS Form 990 filings.
How much is The Phillips Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Phillips Family Foundation reported a distributable amount of $155K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Phillips Family Foundation's EIN?
The Phillips Family Foundation's EIN (Employer Identification Number) is 30-0220787. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in The 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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