The Phillips Foundation Inc
The Phillips Foundation Inc is a private foundation, based in Corpus Christi, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it made $2K in qualifying distributions. Net investment income was $28K.
The Phillips Foundation Inc at a glance
- Total assets
- $1,290,218
- +4.0% vs 2024
- Revenue (2025)
- $62,968
- -94.8% vs 2024
- Qualifying distributions (2025)
- $1,938
- -37.0% vs 2024
- Expenses (2025)
- $36,723
- +182.7% vs 2024
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated November 2026.
Who The Phillips Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 3 grants of 3 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
How The Phillips Foundation Inc gives
- In 2025 it paid out 3% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $1K (2023) to $50K (2020). In 2024 it made 2 grants totaling $2K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Quiet Time Ministries Corpus Christi, TX | Ministry | $1,250 |
| Voices of the World Queen Creek, AZ | Ministry | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,290,218 | $62,968 | $36,723 | — | — | $1,938 | $27,851 | $70,148 |
| 2024 | $1,241,024 | $1,220,477 | $12,990 | $2,250 | 2 | $3,074 | — | $66,179 |
| 2023 | $23,645 | $25,000 | $1,738 | $1,000 | 1 | $1,000 | — | $1,125 |
| 2022 | $383 | $700 | $776 | — | — | — | — | $23 |
| 2021 | $459 | $700 | $758 | — | — | — | — | $23 |
| 2020 | $517 | $50,500 | $50,528 | $50,000 | 1 | — | — | $119 |
| 2019 | $545 | $51,000 | $50,499 | $50,000 | 1 | — | — | $122 |
Under IRS private-foundation payout rules, The Phillips Foundation Inc reported a distributable amount of $70K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Phillips Foundation Inc is led by Pamela Sue Landers, Director & President since 2024 (on filings since 2019); none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Pamela Sue Landers
Director & President
2nd Vice President & Director → Director & 1st Vice President, 2023
Director & 1st Vice President → Director & President, 2024
On filings since 2019
No compensation reported
Jeremy Landers
Director & Vice President
Director & 2nd Vice President → Director & Vice President, 2024
On filings since 2023
No compensation reported
Christina Elizondo
Treasurer
On filings since 2024
No compensation reported
Diana Velasco
Secretary
On filings since 2024
No compensation reported
Former officers (5)
- Former: C. W. Phillips Dec'd (2023) — Director & President
- Former: C. W. Phillips (2019–2022) — President & Director
- Former: Daniel T. Richter (2019–2022) — Director
- Former: Deborah D. Keeble (2019–2022) — Secretary & Treasurer
- Former: William T. Simmons (2019–2022) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Phillips Foundation Inc
How large is The Phillips Foundation Inc?
The Phillips Foundation Inc reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $2K in qualifying distributions that year, against a required minimum of $70K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does The Phillips Foundation Inc operate?
The Phillips Foundation Inc has awarded grants in Arizona, Oklahoma, Texas.
What is The Phillips Foundation Inc's EIN?
The Phillips Foundation Inc's EIN (Employer Identification Number) is 74-2862037. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated November 2026. Sourced from IRS Form 990-PF filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS February 18, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 23, 2021)
- Added Form 990-PF for fiscal year 2025 (received by the IRS September 12, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Phillips Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in The Phillips Foundation Inc's focus areas in our free grants database
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