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EIN 56-2225556

Samuel L Phillips Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Spruce Pine
State
North Carolina
Year formed
2002
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Samuel L Phillips Family Foundation is a private foundation located in Spruce Pine, NC that primarily funds general purpose, assistant scholarship, youth and child development, roof gutter and drainage updates, project costs except construction, and dental scholarships. Its grantees include Ymca Of Avery County and others, and it made 22 grants last year.
Total revenues
$521,516
2023
Total expenses
$782,410
2023
Total assets
$10,216,061
2023
Num. employees
0
2023

Program areas at Samuel L Phillips Family Foundation

The Foundation provides funds for general support for various charitable organizations. See part xi for details.

Grants made by Samuel L Phillips Family Foundation

GranteeGrant descriptionAmount
Williams YMCA of Avery CountyCapital Campaign$150,000
Mitchell County Animal RescueGeneral Purpose$50,000
Pisgah Legal ServicesGeneral Purpose$45,000
...and 6 more grants made

Personnel at Samuel L Phillips Family Foundation

NameTitleCompensation
Gina PhillipsPresident$5,000

Financials for Samuel L Phillips Family Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$302,945
Net rental income$0
Net gain from sale of non-inventory assets$218,416
Gross sales of inventory$0
Miscellaneous revenues$155
Total revenues$521,516

Form 990s for Samuel L Phillips Family Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122025-02-06990PFView PDF
2022-122023-11-08990PFView PDF
2021-122022-05-25990PFView PDF
2020-122021-05-13990PFView PDF
2019-122020-09-11990PRView PDF
...and 8 more Form 990s
Data update history
January 18, 2024
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
August 7, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 6, 2023
Updated personnel
Identified 1 new personnel
May 21, 2023
Updated personnel
Identified 9 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
PO Box 400
Spruce Pine, NC 28777
County
Mitchell County, NC
Phone
(800) 352-3705
IRS details
EIN
56-2225556
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2002
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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