Sallie B Phillips Foundation

Organization Overview

Sallie B Phillips Foundation is located in Palm Beach, FL. The organization was established in 2008. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sallie B Phillips Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Sallie B Phillips Foundation generated $256.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 37.7% each year . All expenses for the organization totaled $117.6k during the year ending 12/2021. While expenses have increased by 0.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Sallie B Phillips Foundation has awarded 112 individual grants totaling $646,600. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Sarah B Phillips
President
$0
Caroline Munroe
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $66,419
Net Rental Income$0
Net Gain on Sale of Assets $189,694
Capital Gain Net Income $189,694
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $59
Total Revenue $256,172

Grants Awarded

Over the last fiscal year, Sallie B Phillips Foundation has awarded $102,200 in support to 21 organizations.

Grant RecipientAmount

HIGH POINT COMMUNITY FOUNDATION

PURPOSE: GENERAL

$35,000

BOYS & GIRLS CLUB

PURPOSE: GENERAL

$25,000

PALM BEACH ZOO

PURPOSE: GENERAL

$15,000

PRESERVATION FOUNDATION OF PALM BEACH

Org PageRecipient Profile

Palm Beach, FL

PURPOSE: GENERAL

$6,000

HIGH POINT UNIVERSITY

Org PageRecipient Profile

High Point, NC

PURPOSE: GENERAL

$5,000

PALM BEACH CIVIC ASSOCIATION INC

Org PageRecipient Profile

Palm Beach, FL

PURPOSE: GENERAL

$2,500
View Grant Profile

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