Private Foundation

SAMUEL L PHILLIPS FAMILY FOUNDATION

SAMUEL L PHILLIPS FAMILY FOUNDATION, of SPRUCE PINE, NC, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $965K in revenue, $799K in expenses, $10.4M in total assets. IRS filings disclose 148 grants awarded by this foundation, totaling roughly $5.0M.

EIN: 562225556 SPRUCE PINE, NC Latest filing: 2024

Total Revenue$965K

Total Expenses$799K

Total Assets$10.4M

Grants Given148

Grant Total$5.0M

Filing Years2020–2024

Sample Grants Given

YMCA OF AVERY COUNTY

LINVILLE, NC · 2024

CAPITAL CAMPAIGN

$250,000

MITCHELL COUNTY SCHOOLS

BAKERSVILLE, NC · 2024

GENERAL PURPOSE

$106,571

MAYLAND COMMUNITY COLLEGE FND

SPRUCE PINE, NC · 2024

RESTAURANT COMPLETION

$75,000

MARYLAND EARLY COLLEGE HIGH SCHOOL

SPRUCE PINE, NC · 2024

GENERAL PURPOSE

$45,000

HIGH COUNTRY YOUTH BALLET INC

NEWLAND, NC · 2024

GENERAL PURPOSE

$45,000

Showing up to 5 of 148 total records — full history available with membership.

Officers & Directors

BOARD MEMBER Adrienne Snyder

BOARD MEMBER Brandee Cook

BOARD MEMBER Drey Phillips

VICE PRESIDE Fred L Stout

TREASURER G Byron Phillips

PRESIDENT Gina Phillips

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL PURPOSE

$2,705,008 121 grants

CAPITAL CAMPAIGN

$400,000 2 grants

YOUTH AND CHILD DEVELOPMENT

$325,000 2 grants

MITCHELL COUNTY

$275,000 1 grant

DENTAL SCHOLARSHIPS

$270,141 4 grants

Financial Trends

Year	Revenue	Expenses	Assets
2024	$965K	$799K	$10.4M
2023	$522K	$782K	$10.2M
2022	$313K	$836K	$10.2M
2021	$685K	$752K	$10.7M
2020	$556K	$820K	$10.7M

Between 2020 and 2024, reported annual revenue grew from $556K to $965K (+74%), with total assets most recently reported at $10.4M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, MN, NC, NY, PA, SC.

CAMNNCNYPASC

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for SAMUEL L PHILLIPS FAMILY FOUNDATION

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Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports