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Filing year 2023

KERMIT G PHILLIPS II CHARITABLE TR AKA PHILLIPS FOUNDATION

Greensboro, North Carolina·EIN 04-6977585·NTEE T12 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$2.7M
Total assets
$49.6M
Total expenses
$3.9M
Reported officers
5

Reported officers (all unpaid)

No paid executives reported in 2023. KERMIT G PHILLIPS II CHARITABLE TR AKA PHILLIPS FOUNDATION reported 5 unpaid officers and board members on its 990-PF.

Trustee
Trustee
Trustee
Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$1.4M

Itemized grants

7

Median grant

$250k

RecipientLocationPurposeAmount
DRK FOUNDATIONMENLO PARK, CAOPERATIONS AND PROGRAM SUPPORT$325k
SOUTHERN METHODIST UNIVERSITYDALLAS, TXIMPACT LAB INITIATIVE$315k
PANORAMA GLOBALSeattle, WAOPERATIONS AND PROGRAM SUPPORT$276k
COMMUNITY FOUNDATION OF GREATER GSOGREENSBORO, NCOPERATIONS AND PROGRAM SUPPORT$250k
LIFT OUR VOICESSEATTLE, WAOPERATIONS AND PROGRAM SUPPORT$200k
THE IMPACTNEW YORK, NYOPERATIONS AND PROGRAM SUPPORT$51k
GODLY RESPONSE TO ABUSELYNCHBURG, VASTRATEGIC PLANNING SUPPORT$25k
Compare this foundation's grantees

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in North Carolina

KERMIT G PHILLIPS II CHARITABLE TR AKA PHILLIPS FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in North Carolina earns a median of $42,970.

25th percentile
$10k
Median
$42,970
75th percentile
$100k
90th percentile
$204k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 471 organizations across 471 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for North Carolina
FAQ

Common questions about KERMIT G PHILLIPS II CHARITABLE TR AKA PHILLIPS FOUNDATION

What are KERMIT G PHILLIPS II CHARITABLE TR AKA PHILLIPS FOUNDATION's revenue and expenses?

In 2023, KERMIT G PHILLIPS II CHARITABLE TR AKA PHILLIPS FOUNDATION reported $2.7M in total revenue and $3.9M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.