Public Charity

MS-SC TRUST FBO PHILLIPS EXETER ACADEMY

MS-SC TRUST FBO PHILLIPS EXETER ACADEMY, of CHEVY CHASE, MD, is a Public Charity tracked in Imperigo's IRS 990 database. The 2020 filing shows $1.4M in revenue, $556K in expenses, $34.5M in total assets. IRS filings disclose 3 grants awarded by this foundation, totaling roughly $700K.

EIN: 576114852 CHEVY CHASE, MD General Support NTEE: DEFAULT Latest filing: 2020
Total Revenue$1.4M
Total Expenses$556K
Total Assets$34.5M
Grants Given3
Grant Total$700K
Filing Years2018–2020

Mission

THE TRUSTS'S MISSION IS TO PROVIDE PHILLIPS EXETER ACADEMY, NH, A 501(C)(3) EDUCATIONAL INSTITUTION, WITH FUNDS USED TO SUPPORT NEEDY STUDENTS FROM THE STATES OF MS AND SC. IN THE EVENT THAT TRUST FUNDS ARE NOT NEEDED TO SUPPORT SCHOLARSHIP STUDENTS FROM MS AND SC, TRUST FUNDS MAY BE USED TO SUPPORT NEEDY SCHOLARSHIP STUDENTS FROM ONE OF THE FOLLOWING STATES: TN, AL, AR, AND GA. IN ADDITION, THE TRUST MAY PROVIDE FUNDS TO SUPPORT THE EDUCATIONAL PROGRAMS OF THE ACADEMY.

Sample Grants Given

PHILLIPS EXETER ACADEMY
EXETER, NH · 2020
SCHOLARSHIPS FOR NEEDY RESIDENTS OF SC AND MS TO ATTEND PHILLIPS EXETER ACADEMY
$348,071
PHILLIPS EXETER ACADEMY
EXETER, NH · 2019
SCHOLARSHIPS FOR NEEDY RESIDENTS OF SC AND MS TO ATTEND PHILLIPS EXETER ACADEMY
$209,265
PHILLIPS EXETER ACADEMY
EXETER, NH · 2018
SCHOLARSHIPS FOR NEEDY RESIDENTS OF SC AND MS TO ATTEND PHILLIPS EXETER ACADEMY
$143,000

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

FOUNDER/TRUSTEE Fred E Pittman Md
TRUSTEE John F Hassell Iii
TRUSTEE Joseph Fellows
TRUSTEE Timothy D Pittman
TRUSTEE W Hodding Carter

Officer compensation and complete director data available with membership.

Top Grant Purposes

SCHOLARSHIPS FOR NEEDY RESIDENTS OF SC AND MS TO ATTEND PHILLIPS EXETER ACADEMY
$700,336 3 grants

Financial Trends

Year Revenue Expenses Assets
2020 $1.4M $556K $34.5M
2019 $661K $416K $12.7M
2018 $298K $310K $8.8M

Between 2018 and 2020, reported annual revenue grew from $298K to $1.4M (+369%), with total assets most recently reported at $34.5M.

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

Grant Geography

Grants from this foundation were reported to recipients in NH.

NH

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

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