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Nonprofit · EIN 30-0220787

PHILLIPS FAMILY FOUNDATION

Tax-exempt · ALBANY, NY 12212

Financials

$1.2M$170K2025
Revenue Expenses · by fiscal year end
Financials of PHILLIPS FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$1,197,103$170,015$1,027,088$2,539,364$0$2,539,364
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$899,828
Dividends
$105,190
Interest
$1,012
Net gain from sales of assets
$191,073

Expenses

Grants and similar amounts paid
$145,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$145,000
Excise tax on investment income
$3,812

Balance sheet and other

Total assets, start of year
$2,280,323
Total assets, end of year
$2,539,364
Total liabilities, end of year
$0
Net assets, end of year
$2,539,364
Fair market value of assets
$4,442,258
Qualifying distributions
$145,000
Net investment income
$297,275

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
CHARLES A PHILLIPS
C/O Goldman Sachs Ayco PO BOX 15201, ALBANY, NY 122125201
TRUSTEE1$0
JAN V M PHILLIPS
C/O Goldman Sachs Ayco PO BOX 15201, ALBANY, NY 122125201
TRUSTEE1$0

Address and contacts

Address (IRS master file)
PO BOX 15201, ALBANY, NY 12212-5201
In care of
% GOLDMAN SACHS AYCO
Signed the 990-PF
Charles Phillips, TRUSTEE
Phone
(518) 640-5000
Return prepared by
ERNST & YOUNG US 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 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
30-0220787
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
2006
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$2,539,364
Income (IRS master file)
$1,567,600

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025–––IRS
990-PFDecember 2024–––IRS
990-PFDecember 2023$299,530$169,016$2,237,975IRS
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about PHILLIPS FAMILY FOUNDATION

What is the EIN of PHILLIPS FAMILY FOUNDATION?
The employer identification number (EIN) of PHILLIPS FAMILY FOUNDATION is 30-0220787.
Is PHILLIPS FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
Are donations to PHILLIPS FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does PHILLIPS FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of PHILLIPS FAMILY 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 PHILLIPS FAMILY 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 PHILLIPS FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
How much revenue does PHILLIPS FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,197,103, expenses of $170,015 and total assets of $2,539,364 at year end.

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