The Phillips Foundation Inc

Private foundation · Grantmaker Corpus Christi, TX EIN: 74-2862037

The Phillips Foundation Inc is a private foundation, based in Corpus Christi, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 2 grants totaling $2K.

The Phillips Foundation Inc at a glance

In short: The Phillips Foundation Inc gave $2K across 2 grants in 2024 (avg $1K), mostly in Texas. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$2,250
+125.0% vs 2023
Grants made (2024)
2
+100.0% vs 2023
Average grant
$1,125
+12.5% vs 2023
Median grant
$1,125
Total assets
$1,241,024
+5148.6% vs 2023
Primary geography
Texas (56% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Phillips Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Quiet Time Ministries: $1KQuiet Time Ministries$1KVoices of the World: $1KVoices of the World$1K

The largest 2024 recipient was Quiet Time Ministries ($1K). Together the top 2 received $2K.

Grant Size Distribution

4 grants across all recorded years

3<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 4 (75%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 2 itemized grants.

Cities

TulsaCorpus ChristiQueen Creek

How The Phillips Foundation Inc gives

  • In 2024 it paid out 5% 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

$0$20K$40K$60K1 grant2020 0 grants2021 0 grants2022 1 grant2023 2 grants2024

From 2020 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

RecipientPurposeAmount
Quiet Time Ministries Corpus Christi, TXMinistry$1,250
Voices of the World Queen Creek, AZMinistry$1,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsDistributable Amount
2024$1,241,024$1,220,477$12,990$2,2502$3,074$66,179
2023$23,645$25,000$1,738$1,0001$1,000$1,125
2022$383$700$776———$23
2021$459$700$758———$23
2020$517$50,500$50,528$50,0001—$119

Under IRS private-foundation payout rules, The Phillips Foundation Inc reported a distributable amount of $66K for 2024 — 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 2020); none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 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 2020

    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

    New on the 2024 filing

    No compensation reported

  • Diana Velasco

    Secretary

    New on the 2024 filing

    No compensation reported

Former officers (5)
  • Former: C. W. Phillips Dec'd (2023) — Director & President
  • Former: C. W. Phillips (2020–2022) — President & Director
  • Former: Daniel T. Richter (2020–2022) — Director
  • Former: Deborah D. Keeble (2020–2022) — Secretary & Treasurer
  • Former: William T. Simmons (2020–2022) — Director

Data from IRS Form 990 filings, 2020–2024. "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 much does The Phillips Foundation Inc give each year?

The Phillips Foundation Inc gave $2K across 2 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1K across 1 grant.

How large is The Phillips Foundation Inc?

The Phillips Foundation Inc reported $1.2M in total assets on its 2024 IRS Form 990-PF. It paid out $3K in qualifying distributions that year, against a required minimum of $66K (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 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Phillips Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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