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Filing year 2024

LOUIE M & BETTY M PHILLIPS FOUNDATN

Nashville, Tennessee·EIN 58-1326615·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$798k
Total assets
$4.4M
Total expenses
$662k
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 6 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Tennessee.

CEO
Median to 75th percentile
$144k
$153k
Trustee
Board Member
Median to 75th percentile
$43k
$46k
Director
Unclassified
$500
$530
Director
Unclassified
$500
$530
Director
Unclassified
$500
$530
Former Dir
Unclassified
$250
$265

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at LOUIE M & BETTY M PHILLIPS FOUNDATN equaled 22% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
22%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$406k

Itemized grants

87

Median grant

$5k

RecipientLocationPurposeAmount
MONROE CARELL JR CHILDREN'S HOSPITANASHVILLE, TNTO SUPPORT CHARITY$25k
SAINT ANDREW'S SEWANEE SCHOOLSEWANEE, TNTO SUPPORT SCHOOL$25k
SWAN BALL INITIATIVENASHVILLE, TNTO SUPPORT CHARITY$19k
WALDEN'S PUDDLEJOELTON, TNTO SUPPORT CHARITY$15k
BELMONT UNIVERSITYNASHVILLE, TNTO SUPPORT SCHOOL$15k
AUBURN UNIVERSITY FOUNDATIONAUBURN, ALTO SUPPORT CHARITY$10k
CUMBERLAND HEIGHTS FOUNDATIONNASHVILLE, TNTO SUPPORT CHARITY$10k
DINOSAUR RIDGEMORRISON, COTO SUPPORT CHARITY$10k
HARPETH HALL SCHOOLNASHVILLE, TNTO SUPPORT SCHOOL$10k
CROSSROADS CAMPUSNASHVILLE, TNTO SUPPORT CHARITY$10k
YWCA OF MIDDLE TNNASHVILLE, TNTO SUPPORT CHARITY$8k
BEERSHEBA SPRINGS MEDICAL CLINICBEERSHEBA SPRINGS, TNTO SUPPORT CHARITY$8k
GILDA'S CLUB NASHVILLENASHVILLE, TNTO SUPPORT CHARITY$8k
ANCORA TNNASHVILLE, TNTO SUPPORT CHARITY$5k
THE BOYS & GIRLS CLUBS OF MIDDLE TNNASHVILLE, TNTO SUPPORT CHARITY$5k
DAWSON MEMORIAL BAPTIST CHURCHBIRMINGHAM, ALTO SUPPORT CHARITY$5k
GIRL SCOUTS OF MIDDLE TNNASHVILLE, TNTO SUPPORT CHARITY$5k
HARVEST HANDS COMMUNITY DEVNASHVILLE, TNTO SUPPORT CHARITY$5k
HISTORIC TRAVELERS RESTNASHVILLE, TNTO SUPPORT CHARITY$5k
MCNEILLY CENTER FOR CHILDRENNASHVILLE, TNTO SUPPORT CHARITY$5k
MEN OF VALORNASHVILLE, TNTO SUPPORT CHARITY$5k
MISS SIMS GARDEN FOUNDATIONBIRMINGHAM, ALTO SUPPORT CHARITY$5k
NASHVILLE ANTI HUMAN TRAFFICKING CONASHVILLE, TNTO SUPPORT CHARITY$5k
NURTURE THE NEXTNASHVILLE, TNTO SUPPORT CHARITY$5k
THE NEXT DOORNASHVILLE, TNTO SUPPORT CHARITY$5k
Compare this foundation's grantees

Held steady
from 2023

From $144k in 2023 to $144k in 2024.

$144k
2023
$144k
2024
In today's dollarsEst.
Down 3% in real terms$157k to $153k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 1% from 2023 to 2024, while revenue rose 178%.

$142k in 2023 to $144k in 2024.
  • Board Member pay rose 28% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about LOUIE M & BETTY M PHILLIPS FOUNDATN

What does the Chief Executive Officer of LOUIE M & BETTY M PHILLIPS FOUNDATN earn?

In 2024, the Chief Executive Officer of LOUIE M & BETTY M PHILLIPS FOUNDATN received $144,261 in total compensation. This pay is above the median (the midpoint) for Chief Executive Officer roles among Philanthropy, Voluntarism & Grantmaking organizations in Tennessee, within the top half of comparable filings. Based on IRS Form 990 data.

How does Chief Executive Officer pay at LOUIE M & BETTY M PHILLIPS FOUNDATN compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Tennessee, the 2024 pay of the Chief Executive Officer at LOUIE M & BETTY M PHILLIPS FOUNDATN falls between the median and the 75th percentile. In 2024, the highest total compensation at LOUIE M & BETTY M PHILLIPS FOUNDATN equaled 22% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are LOUIE M & BETTY M PHILLIPS FOUNDATN's revenue and expenses?

In 2024, LOUIE M & BETTY M PHILLIPS FOUNDATN reported $798k in total revenue and $662k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.