The Philipp Family Foundation Inc
The Philipp Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLOUCESTER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $398K in total assets. In 2024, it awarded 1 grants totaling $3K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$398K
-0.7% YoY
Annual Giving
$3K
Grant Count
1
Avg Grant Size
$3K
About The Philipp Family Foundation Inc
Based on IRS filings
The Philipp Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLOUCESTER, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $398K in total assets. In 2024, it awarded 1 grants totaling $3K.
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 | $397,842 | $400,483 | $400,457 |
| Revenue | $1,859 | $1 | $2,804 |
| Expenses | $4,500 | $-25 | $19,555 |
| Qualifying Distributions | $2,500 | — | $16,755 |
| Net Investment Income | — | $26 | — |
| Distributable Amount | $532 | $566 | $3,008 |
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 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL G PHILIPP | PRESIDENT | 1 | — |
| CHERYL E PHILIPP | VICE PRESIDENT | 1 | — |
| KYLE E PHILIPP | VICE PRESIDENT | 1 | — |
| TRENT E PHILIPP | VICE PRESIDENT | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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