Skip to main content

Nonprofit · EIN 23-7418046

V E & BETTY PHILLIPS SCHOLARSHIP FUND NECT

Tax-exempt · PITTSBURGH, PA 15219

Financials

$29K$56K2023$65K$88K2024$71K$70K2025
Revenue Expenses · by fiscal year end
Financials of V E & BETTY PHILLIPS SCHOLARSHIP FUND NECT by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
April 30, 2026990-PF$70,535$70,042$493$876,527$0$876,527
April 30, 2025990-PF$64,581$87,908-$23,327$868,105$0$868,105
April 30, 2024990-PF$28,863$56,400-$27,537$890,794$0$890,794
Financial details: 990-PF for the year ended April 30, 2026

Revenue

Dividends
$26,914
Net gain from sales of assets
$43,621

Expenses

Grants and similar amounts paid
$48,670
Compensation of officers, directors and key employees
$13,350
Disbursements for charitable purposes
$60,274
Excise tax on investment income
$861

Balance sheet and other

Total assets, start of year
$868,105
Total assets, end of year
$876,527
Total liabilities, end of year
$0
Net assets, end of year
$876,527
Fair market value of assets
$1,154,601
Qualifying distributions
$60,274
Net investment income
$70,433

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended April 30, 2026, highest compensation first.

NameTitleHours / weekCompensation
PNC BANK N A
500 FIRST AVE P7-PFSC-03-Z, PITTSBURGH, PA 15219
TRUSTEE1$13,350
990-PF for the year ended April 30, 2025: 1 people
NameTitleHours / weekCompensation
PNC BANK N A
500 FIRST AVE P7-PFSC-03-Z, PITTSBURGH, PA 15219
TRUSTEE1$11,766
990-PF for the year ended April 30, 2024: 1 people
NameTitleHours / weekCompensation
PNC BANK N A
500 FIRST AVE P7-PFSC-03-Z, PITTSBURGH, PA 15219
TRUSTEE3$10,942

Address and contacts

Address (IRS master file)
500 1ST AVE, PITTSBURGH, PA 15219-3128
In care of
% PNC BANK NA
Signed the 990-PF
PNC BANK N A, TAX MANAGER
Phone
(412) 762-6538
Return prepared by
PWC US TAX LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025April 30, 2026September 15, 2026990-PF on file
2024April 30, 2025September 15, 2025990-PF on file
2023April 30, 2024September 16, 2024990-PF on file

IRS record

EIN
23-7418046
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
2009
Accounting year ends
April
Files
Form 990-PF
Category (NTEE)
Education (B82)
Assets (IRS master file)
$876,527
Income (IRS master file)
$447,160

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFApril 2026$70,535$70,042$876,527XML
990-PFApril 2025$64,581$87,908$868,105XML
990-PFApril 2024$28,863$56,400$890,794XML
990-PFApril 2023–––IRS
990-PFApril 2022–––IRS
990-PFApril 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7418046).

Questions about V E & BETTY PHILLIPS SCHOLARSHIP FUND NECT

What is the EIN of V E & BETTY PHILLIPS SCHOLARSHIP FUND NECT?
The employer identification number (EIN) of V E & BETTY PHILLIPS SCHOLARSHIP FUND NECT is 23-7418046.
Is V E & BETTY PHILLIPS SCHOLARSHIP FUND NECT tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
Are donations to V E & BETTY PHILLIPS SCHOLARSHIP FUND NECT tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does V E & BETTY PHILLIPS SCHOLARSHIP FUND NECT file?
Form 990-PF. Private foundations file every year.
When is the next return of V E & BETTY PHILLIPS SCHOLARSHIP FUND NECT due?
The return for tax year 2026 (the year ending April 30, 2027) is due September 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did V E & BETTY PHILLIPS SCHOLARSHIP FUND NECT last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended April 2026.
Who are the officers and directors of V E & BETTY PHILLIPS SCHOLARSHIP FUND NECT?
The 990-PF for the year ended April 30, 2026 lists 1 person; 1 received compensation from the organization, the highest $13,350 (PNC BANK N A, TRUSTEE).
How much revenue does V E & BETTY PHILLIPS SCHOLARSHIP FUND NECT have?
On its 990-PF for the year ended April 30, 2026 it reported revenue of $70,535, expenses of $70,042 and total assets of $876,527 at year end.

Other nonprofits in PITTSBURGH

All nonprofits in PITTSBURGH · Pennsylvania · Education