Fred L Phillips Foundation
- Assets
- $1.1m
- Revenue
- $1.1m
- Investments
- $405.4k
- Employees
- 0
- Location
- Shreveport, LA
- Founding
- Data as of
- 12/2021
- EIN
- 85-6409268
Organization Overview
Fred L Phillips Foundation is located in Shreveport, LA. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Fred L 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, Fred L Phillips Foundation generated $1.1m in total revenue. All expenses for the organization totaled $50.1k during the year ending 12/2021. While expenses have increased by 216.5% per year over the past 2 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Dean Trustee | 1 | $0 | |
Fred L Phillips Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,001,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,198 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,038 |
| Capital Gain Net Income | $25,038 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,050,736 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $249 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,363 |
| Contributions, gifts, grants paid | $48,716 |
| Total expenses and disbursements | $50,079 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $691,277 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $405,380 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,096,657 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Fred L Phillips Foundation has awarded $48,716 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Shreveport, LA PURPOSE: UNRESTRICTED GRANT TO 501(C)(3) ORGANIZATION | $25,000 |
Lakeland, FL PURPOSE: UNRESTRICTED GRANT TO 501(C)(3) ORGANIZATION | $5,000 |
ST JUDE CHILDREN'S RESEARCH HOSPITAL PURPOSE: UNRESTRICTED GRANT TO 501(C)(3) ORGANIZATION | $5,000 |
VOLUNTEERS OF AMERICA - NORTH LOUISIANA PURPOSE: UNRESTRICTED GRANT TO 501(C)(3) ORGANIZATION | $5,000 |
AUTISM SPEAKS PURPOSE: UNRESTRICTED GRANT TO 501(C)(3) ORGANIZATION | $2,500 |
SHRINERS HOSPITALS PURPOSE: UNRESTRICTED GRANT TO 501(C)(3) ORGANIZATION | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John G Kenedy Jr Charitable Trust San Antonio, TX | $156,709,366 | $16,142,301 |
Bnsf Foundation Fort Worth, TX | $5,580,534 | $10,145,505 |
Walter S & Evan C Jones Trust Bank Iv Kansas Na Ttee Dallas, TX | $63,158,301 | $11,519,606 |
Thomas M & Helen Mckee & John P Ryan Foundation Inc Fort Worth, TX | $135,188,288 | $6,250,331 |
Charles G Woodward Tr Uw Dallas, TX | $129,576,152 | $18,439,245 |
John G Kenedy Jr Charitable Tr -Surface Estate Tr San Antonio, TX | $47,111,872 | $10,559,440 |
Mccombs Enterprises Flexible Benefit Cafeteria Plan & Trust San Antonio, TX | $5,330,904 | $6,919,349 |
David M Crowley Foundation Dallas, TX | $161,428,863 | $16,560,741 |
El Rosario Charitable Trust Brownsville, TX | $1,099,454 | $4,709,069 |
Mark Cuban Foundation Dallas, TX | $5,850,993 | $574,469 |
La Merced Charitable Trust Brownsville, TX | $813,196 | $4,498,919 |
Curtis C Gunn Inc Welfare Benefit Trust San Antonio, TX | $2,229,108 | $5,331,423 |