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KERMIT G PHILLIPS II CHARITABLE TR AKA PHILLIPS FOUNDATION
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KERMIT G PHILLIPS II CHARITABLE TR AKA PHILLIPS FOUNDATION
Greensboro, NC, US
•
501(c)3
•
EIN
04-6977585
•
https://phillipsfdtn.org/
•
Private Foundation
Family Foundation
KERMIT G PHILLIPS II CHARITABLE TR AKA PHILLIPS FOUNDATION
Sign up to claim this org
Greensboro, NC, US
•
501(c)3
•
EIN
04-6977585
•
https://phillipsfdtn.org/
•
Private Foundation
Family Foundation
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Income Statement
Balance Sheet
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Balance Sheet
Fiscal Year Start:
Jan 1
Assets in
2024
(Year End)
$49,875,275
Investments
97%
Cash & Equivalents
1%
Other Assets
1%
Property, Plant, & Equipment (net)
<1%
Prepaid Expenses
<1%
Receivables (Non-Related)
<1%
Related-Party Receivables
0%
Inventories
0%
Liabilities in
2024
(Year End)
$3,151,662
Other Liabilities
>99%
Payables & Accruals
<1%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$798,171
$562,728
-29%
Receivables (Non-Related)
$1,611
$390
-76%
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
$8,644
$8,644
+0%
Investments
$47,789,722
$48,291,114
+1%
Property, Plant, & Equipment (net)
$487,193
$487,083
0%
Other Assets
$535,145
$525,316
-2%
Total Assets
$49,620,486
$49,875,275
+1%
Liabilities
2023
2024
Change
Payables & Accruals
$12,368
$22,407
+81%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$4,091,666
$3,129,255
-24%
Total Liabilities
$4,104,034
$3,151,662
-23%
Net assets
2023
2024
Change
Restricted Net Assets
N/A
N/A
N/A
Unrestricted Net Assets
N/A
N/A
N/A
Net assets
2023
2024
Change
Net assets
+$45,516,452
+$46,723,613
+3%
Balance Sheet
