V E & Betty Phillips Scholarship Fund is a private foundation focused on Education, based in PITTSBURGH, PA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $868K in total assets. In 2025, it awarded 1 grants totaling $69K. Net investment income was $57K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$868K
-2.5% YoY
Annual Giving
$69K
+60.2% YoY
Grant Count
1
-95.5% YoY
Avg Grant Size
$69K
+3423.8% YoY
Under IRS private-foundation payout rules, V E & Betty Phillips Scholarship Fund reported a distributable amount of $51K for 2025 — the minimum it must pay out in qualifying distributions.
About V E & Betty Phillips Scholarship Fund
Based on IRS filings
V E & Betty Phillips Scholarship Fund is a private foundation focused on Education, based in PITTSBURGH, PA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $868K in total assets. In 2025, it awarded 1 grants totaling $69K. Net investment income was $57K.
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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $868,105 | $890,794 | $892,097 |
| Revenue | $64,581 | $28,863 | $-9,884 |
| Expenses | $87,908 | $56,400 | $65,410 |
| Qualifying Distributions | $80,147 | $49,637 | $57,761 |
| Net Investment Income | $57,107 | $21,084 | $15,537 |
| Distributable Amount | $50,811 | $73,487 | $52,191 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
136 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include See Attached ($69,341).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED SEE ATTACHED, PA | SCHOLARSHIP | $69,341 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PNC BANK N A | TRUSTEE | 1 | $11,766 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is V E & Betty Phillips Scholarship Fund?
V E & Betty Phillips Scholarship Fund is a private foundation focused on Education, based in PITTSBURGH, PA. It holds $868K in total assets as of 2025.
How large is V E & Betty Phillips Scholarship Fund?
As of 2025, V E & Betty Phillips Scholarship Fund holds $868K in total assets with $65K in annual revenue. It awarded 1 grants totaling $69K in 2025.
Where does V E & Betty Phillips Scholarship Fund operate?
V E & Betty Phillips Scholarship Fund has awarded grants in Pennsylvania.
What size grants does V E & Betty Phillips Scholarship Fund award?
In 2025, V E & Betty Phillips Scholarship Fund awarded 1 grants totaling $69K — an average of about $69K per grant, based on its IRS Form 990 filings.
How much is V E & Betty Phillips Scholarship Fund required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, V E & Betty Phillips Scholarship Fund reported a distributable amount of $51K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is V E & Betty Phillips Scholarship Fund's EIN?
V E & Betty Phillips Scholarship Fund's EIN (Employer Identification Number) is 23-7418046. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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