Nonprofit · EIN 58-1326615
LOUIE M & BETTY M PHILLIPS FOUNDATION
Tax-exempt · NASHVILLE, TN 37205
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $798,160 | $661,647 | $136,513 | $4,402,510 | $0 | $4,402,510 |
| December 31, 2023 | 990-PF | $287,137 | $758,018 | -$470,881 | $4,171,311 | $0 | $4,171,311 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $198,472
- Interest
- $21,165
- Net gain from sales of assets
- $380,078
- Other income
- $198,445
Expenses
- Grants and similar amounts paid
- $405,500
- Compensation of officers, directors and key employees
- $203,945
- Disbursements for charitable purposes
- $557,837
- Excise tax on investment income
- $9,646
Balance sheet and other
- Total assets, start of year
- $4,171,311
- Total assets, end of year
- $4,402,510
- Total liabilities, end of year
- $0
- Net assets, end of year
- $4,402,510
- Fair market value of assets
- $11,044,323
- Qualifying distributions
- $557,837
- Net investment income
- $795,524
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALLISON SNAVELY 490 RANGEWOOD ROAD, PINEY FLATS, TN 37686 | CEO | 40 | $130,740 | $14,522 |
| EQUITABLE TRUST COMPANY 4400 HARDING PIKE SUITE 310, NASHVILLE, TN 37205 | TRUSTEE | 1.5 | $43,412 | $0 |
| CLAY JOHNSON C/O 4400 HARDING PIKE SUITE 310, NASHVILLE, TN 37205 | DIRECTOR | 0.5 | $500 | $0 |
| CALDWELL BUNTIN C/O 4400 HARDING PIKE SUITE 310, NASHVILLE, TN 37205 | DIRECTOR | 0.5 | $500 | $0 |
| ROGERS THOMPSON C/O 4400 HARDING PIKE SUITE 310, NASHVILLE, TN 37205 | DIRECTOR | 0.5 | $500 | $0 |
| BLYTHE COLLINS C/O 4400 HARDING PIKE SUITE 310, NASHVILLE, TN 37205 | FORMER DIR | 0.5 | $250 | $0 |
990-PF for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ALLISON SNAVELY 490 RANGEWOOD ROAD, PINEY FLATS, TN 37686 | CEO | 40 | $126,300 | $13,750 |
| LOUIE P BUNTIN C/O 4400 HARDING PIKE SUITE 310, NASHVILLE, TN 37205 | ASSISTANT DI | 40 | $115,200 | $14,510 |
| EQUITABLE TRUST COMPANY 4400 HARDING PIKE SUITE 310, NASHVILLE, TN 37205 | TRUSTEE | 1.5 | $34,042 | $0 |
| ARGIE J CAMPBELL C/O 4400 HARDING PIKE SUITE 310, NASHVILLE, TN 37205 | DIRECTOR | 0.5 | $500 | $0 |
| ELIZABETH BUNTIN C/O 4400 HARDING PIKE SUITE 310, NASHVILLE, TN 37205 | DIRECTOR | 0.5 | $500 | $0 |
| BLYTHE COLLINS C/O 4400 HARDING PIKE SUITE 310, NASHVILLE, TN 37205 | DIRECTOR | 0.5 | $250 | $0 |
Address and contacts
- Address (IRS master file)
- 4400 HARDING PIKE STE 310, NASHVILLE, TN 37205-2314
- In care of
- % EQUITABLE TRUST CO
- Signed the 990-PF
- EQUITABLE TRUST COMPANY, TRUSTEE
- Phone
- (615) 460-1214
- Return prepared by
- BLANKENSHIP CPA GROUP PLLC
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 58-1326615
- 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
- 1978
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $4,402,510
- Income (IRS master file)
- $1,797,246
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $798,160 | $661,647 | $4,402,510 | XML |
| 990-PF | December 2023 | $287,137 | $758,018 | $4,171,311 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 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 58-1326615).
Questions about LOUIE M & BETTY M PHILLIPS FOUNDATION
- What is the EIN of LOUIE M & BETTY M PHILLIPS FOUNDATION?
- The employer identification number (EIN) of LOUIE M & BETTY M PHILLIPS FOUNDATION is 58-1326615.
- Is LOUIE M & BETTY M PHILLIPS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to LOUIE M & BETTY M PHILLIPS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does LOUIE M & BETTY M PHILLIPS FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of LOUIE M & BETTY M PHILLIPS FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LOUIE M & BETTY M PHILLIPS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of LOUIE M & BETTY M PHILLIPS FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 6 people; 6 received compensation from the organization, the highest $130,740 (ALLISON SNAVELY, CEO).
- How much revenue does LOUIE M & BETTY M PHILLIPS FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $798,160, expenses of $661,647 and total assets of $4,402,510 at year end.
Other nonprofits in NASHVILLE
- VANDERBILT UNIVERSITY MEDICAL CENTER EIN 35-2528741 · last filed 990 for 2025
- VANDERBILT UNIVERSITY EIN 62-0476822 · last filed 990 for 2025
- DIALYSIS CLINIC INC EIN 62-0850498 · last filed 990 for 2025
- BELMONT UNIVERSITY EIN 62-0465076 · last filed 990 for 2025
- LIPSCOMB UNIVERSITY EIN 62-0485733 · last filed 990 for 2025
- THE COMMUNITY FDN OF MIDDLE TN INC EIN 62-1471789 · last filed 990 for 2024
- MEHARRY MEDICAL COLLEGE EIN 62-0488046 · last filed 990 for 2025
- CENTERSTONE OF TENNESSEE INC EIN 62-1674308 · last filed 990 for 2025