Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 26-2208894

SALLIE B PHILLIPS FOUNDATION

Tax-exempt · PALM BEACH, FL 33480

Financials

$45K$117K2023$131K$133K2024$180K$92K2025
Revenue Expenses · by fiscal year end
Financials of SALLIE B PHILLIPS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$179,900$92,384$87,516$1,788,536$0$1,788,536
December 31, 2024990-PF$131,372$133,201-$1,829$1,701,020$0$1,701,020
December 31, 2023990-PF$44,528$116,641-$72,113$1,702,849$0$1,702,849
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$76,328
Net gain from sales of assets
$103,541
Other income
$31

Expenses

Grants and similar amounts paid
$74,150
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$75,413
Excise tax on investment income
$2,302

Balance sheet and other

Total assets, start of year
$1,701,020
Total assets, end of year
$1,788,536
Total liabilities, end of year
$0
Net assets, end of year
$1,788,536
Fair market value of assets
$2,412,547
Qualifying distributions
$75,413
Net investment income
$179,900

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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
SARAH B PHILLIPS
425 WORTH AVENUE APT 5-A, PALM BEACH, FL 33480
PRESIDENT1$0
CAROLINE MUNROE
110 S STRATFORD ROAD, WINSTONSALEM, NC 27104
DIRECTOR1$0
990-PF for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
SARAH B PHILLIPS
425 WORTH AVENUE APT 5-A, PALM BEACH, FL 33480
PRESIDENT1$0
CAROLINE MUNROE
110 S STRATFORD ROAD, WINSTONSALEM, NC 27104
DIRECTOR1$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
SARAH B PHILLIPS
425 WORTH AVENUE APT 5-A, PALM BEACH, FL 33480
PRESIDENT1$0
CAROLINE MUNROE
110 S STRATFORD ROAD, WINSTONSALEM, NC 27104
DIRECTOR1$0

Address and contacts

Address (IRS master file)
425 WORTH AVENUE APT 5-A, PALM BEACH, FL 33480-6525
In care of
% SARAH B PHILLIPS
Signed the 990-PF
SARAH B PHILLIPS, PRESIDENT
Phone
(561) 832-0298
Return prepared by
EISNER ADVISORY GROUP LLC

What it must file and when

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
26-2208894
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
2008
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$1,788,536
Income (IRS master file)
$698,082

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$179,900$92,384$1,788,536IRS
990-PFDecember 2024$131,372$133,201$1,701,020IRS
990-PFDecember 2023$44,528$116,641$1,702,849XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 26-2208894).

Questions about SALLIE B PHILLIPS FOUNDATION

What is the EIN of SALLIE B PHILLIPS FOUNDATION?
The employer identification number (EIN) of SALLIE B PHILLIPS FOUNDATION is 26-2208894.
Is SALLIE B PHILLIPS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to SALLIE B PHILLIPS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does SALLIE B PHILLIPS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of SALLIE B PHILLIPS FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did SALLIE B PHILLIPS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of SALLIE B PHILLIPS FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does SALLIE B PHILLIPS FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $179,900, expenses of $92,384 and total assets of $1,788,536 at year end.

Other nonprofits in PALM BEACH

All nonprofits in PALM BEACH · Florida · Philanthropy, voluntarism and grantmaking foundations