Funder DirectoryKERMIT G PHILLIPS II CHARITABLE TR
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Private foundation (trust)EIN 046977585Est. 2002-09

KERMIT G PHILLIPS II CHARITABLE TR

GREENSBORO, NC 27408

Total Assets

$62.4M

FY 2023

Annual Giving

$1.4M

FY 2023

Grants Made

7

FY 2023

Avg Grant

$206K

FY 2023

Grant Range

$25K–$325K

Typical

Deadlines

Applications

Programs & Activities

Program 1

$3K

Public responsibility: the phillips foundation seeks to enhance the results of its grantmaking in education to grow education-related initiatives. Leveraging its body of work, the foundation will develop programs, collaborations and technology designed to inspire learning and address impediments to children, youth and adults reaching their full potential as generous and impact driven individuals. Through exploration of partnerships with others in the field, coupled with original programs designed to educate children, youth and adults about generosity, stewardship, community needs and social responsibility, the foundation will innovate, convene and collaborate to effect positive change.

Program 2

$510K

Impact investing: the phillips foundation seeks to create a platform to amplify social and environmental value through financial investments, a practice known as impact investing. Through a series of events, gatherings and collaborations that bring together a variety of stakeholders, the foundation will meet this mission-related goal through activities including but not limited to: providing educational programs, conducting research, publishing resources, convening partners, fostering collaboration, creating dealflow and exploring opportunities.

Program 3

$2.0M

Social sector leadership: the phillips foundation seeks to strengthen the ability of nonprofits to accomplish their charitable missions by empowering the nonprofit sector to employ exemplary governance and executive leadership practices. The foundation will conduct research, engage with strategic partners and develop programs and resources designed to equip nonprofits, philanthropic institutions and their leaders to enact systemic change. With an emphasis on accountability and innovation, the foundation will promote and advocate for exemplary leadership and governance. In turn, this will enable nonprofits and philanthropists to maximize their level of impact.

Program 4

Crisis prevention: the phillips foundation seeks to leverage the foundation's existing grant partnerships to evolve toward upstream prevention of social issues by addressing root problems of family breakdown and dysfunction through research-based tools for healthy relationships, self-sufficiency and family wellness.

Focus Areas

PhilanthropyVoluntarism & Grantmaking Foundations

Financial Snapshot

2023 filing

Total Revenue

$2.7M

Total Expenses

$3.9M

Qualifying Distributions

$3.4M

Distributable Amount

$2.8M

Min. Investment Return

$2.8M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

7 grants

Grant sizes from minimum $25K through median $250K to maximum $325K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2018 to 2023. Peak $2.1M in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

33 grants

THE COMMUNITY FOUNDATION OF GREATER GREENSBORO INC
$1.8M
4 grants
DRK FOUNDATION
$750K
3 grants
COMMUNITY FOUNDATION OF GREATER GSO
$736K
2 grants
PANORAMA GLOBAL
$552K
2 grants
SHIFT EDUCATION
$500K
1 grant
NEW VENTURE FUND
$500K
2 grants
ACTION GREENSBORO
$350K
1 grant
UNC-G EXCELLENCE FOUNDATION
$320K
2 grants

Grant Size Distribution

33 grants

<$10K
5
grants
$10–50K
2
grants
$50–250K
14
grants
$250K–1M
12
grants
$1–5M
$5M+

Geographic Focus

7 states

North Carolina
$4.8M
66% of total
Washington
$752K
10% of total
California
$750K
10% of total
District of Columbia
$500K
7% of total
Texas
$330K
5% of total
New York
$76K
1% of total
Virginia
$25K
0% of total

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