2023-11-14T14:58:13-08:00 2022-12-31 Kaitlin E Kirk 284 Country Place Ln Van Alstyne TX 75495 990PF 2022-01-01 046977585 KERMIT G PHILLIPS II CHARITABLE TR AKA PHILLIPS FOUNDATION KERM 2142380467 PO BOX 39461 GREENSBORO NC 27438 KEVIN PHILLIPS Trustee 2023-11-14 true KEVIN PHILLIPS 999009999 true Kaitlin E Kirk P01360772 9037445176 X 0 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z X X 55745860 X X 875706 875706 1256388 1256388 1256388 -88767 684 2043327 2132778 327262 278173 198521 168743 54674 46473 1291 1291 32402 27542 369543 81475 30745 26133 1115 149761 127297 14591 14591 367337 361108 1547242 0 1132826 1862120 1862120 3409362 0 2994946 -1366035 2132778 67074 125678 125678 868320 500843 500843 751 751 751 1634452 1817629 1702793 43060418 41398752 45142677 1556339 1408330 1263057 23638456 12914470 6322424 527795 40158 488752 487637 487637 201796 200000 200000 71515607 58854090 55745860 33535 7628 33535 7628 X 71482072 58846462 71482072 58846462 71515607 58854090 71482072 -1366035 13204 70129241 11282779 58846462 MORGAN STANLEY INVESTMENT ACCOUNT P 2021-01-01 2022-12-31 1130455 1130455 1130455 PRIVATE ADVISORS K-1 P 2022-01-01 2022-12-31 546 546 546 PRIVATE ADVISORS K-1 P 2021-01-01 2022-12-31 47138 47138 47138 PRIVATE ADVISORS K-1 P 2021-01-01 2022-12-31 613 613 613 SJF VENTURES K-1 P 2021-01-01 2022-12-31 9231 9231 9231 UP FUND K-1 P 2021-01-01 2022-12-31 9717 -9717 -9717 CAPITAL GAINS DIVIDENDS P 78122 78122 78122 1256388 29646 29646 29646 72760 72760 X 1119 41995 41995 false false false false false false false true true NC true false false false false true https://phillipsfdtn.org/ Phillips Foundation 2142380467 PO BOX 39461 Greensboro NC 27438 false false false false false false false false false false false false false false false false false false false false false false KATHERINE PHILLIPS PO BOX 39461 GREENSBORO NC 27438 Trustee 0.00 0 KEITH PHILLIPS PO BOX 39461 GREENSBORO NC 27438 Trustee 0.00 0 KERT PHILLIPS PO BOX 39461 GREENSBORO NC 27438 Trustee 0.00 0 KEVIN PHILLIPS PO BOX 39461 GREENSBORO NC 27438 Trustee 0.00 0 PETER GILCHRIST PO BOX 39461 GREENSBORO NC 27438 Trustee 0.00 0 ERICA K SHIELDS PO Box 191123 DALLAS TX 75219 MANAGING DIRECTOR 40.00 171197 CATHERINE H BURNETT PO Box 191123 DALLAS TX 75219 CHIEF IMPACT OFFIC 40.00 123743 MANDI S FREEMAN PO Box 191123 DALLAS TX 75219 DIRECTOR OF OPER 40.00 96854 MORGAN STANLEY 333 W SAN CARLOS ST STE 1100 SAN JOSE CA 95110 INVESTMENT MANAGEMENT 263068 THE CICERO GROUP LP 35 N Rio Grande St SALT LAKE CITY UT 84101 APP DEVELOPMENT 53950 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. 87671 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. 148349 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. 51518 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. SOCIAL FINANCE UP (UP FUND LP) AS A CAREER IMPACT BOND 50000 ELSEWHERE INC OF GUILFORD COUNTY NC AS GUARANTEE PRI -38288 11712 60562164 1270893 0 61833057 0 61833057 927496 60905561 3045278 3045278 29646 29646 3015632 3015632 3015632 2994946 11712 3006658 3015632 487184 3006658 487184 0 2519474 496158 KEITH PHILLIPS X DRK FOUNDATION 1600 EL CAMINO REAL SUITE 155 MENLO PARK CA 94025 PC OPERATIONS AND PROGRAM SUPPORT 325000 NEW VENTURE FUND 1201 CONNECTICUT AVE NW SUITE 300 WASHINGTON DC 20036 PC THE TIPPING POINT 250000 SHIFT EDUCATION 125 S Elm St Suite 500 GREENSBORO NC 27401 PC OPERATIONS AND PROGRAM SUPPORT 500000 PANORAMA GLOBAL 2101 4th Avenue Suite 2100 Seattle WA 98121 PC OPERATIONS AND PROGRAM SUPPORT 276000 COMMUNITY FOUNDATION OF GREATER GSO 330 SOUTHE GREENE ST SUITE 100 GREENSBORO NC 27401 PC OPERATIONS AND PROGRAM SUPPORT 486120 THE IMPACT 110 E 25TH ST NEW YORK NY 10010 PC OPERATIONS AND PROGRAM SUPPORT 25000 1862120 14 875706 18 1256388 GAIN OF SALE OF ASSETS 18 684 SCHEDULE K-1 ACTIVITY 525990 -89451 -89451 2132778 2043327 false false false false false false false false false false Accounting Fees 32402 0 0 27542 2014 IMPROV 2014-12-31 2200 1650 SL 10.0000 220 COMPUTERS 2018-04-11 4475 3356 SL 5.0000 895 Furniture and Fixtures 22330 22330 Machinery and Equipment 16182 15958 224 224 Improvements 2200 1870 330 330 Miscellaneous 487083 487083 487083 Legal Fees 1291 0 0 1291 IMPACT VENTURES 200000 200000 200000 BANK CHARGES 5776 5776 DCA - IMPACT INVESTING 148349 148349 DCA - PUBLIC RESPONSIBILITY 87671 87671 DCA - SOCIAL SECTOR LEADERSHIP 51518 51518 DONATIONS 25743 25743 OTHER OFFICE EXPENSES 41529 35300 TEMPORARY SERVICES 6751 6751 GAIN OF SALE OF ASSETS 684 684 SCHEDULE K-1 ACTIVITY -89451 CREDIT CARD PAYABLE 18535 7627 403(B) PAYABLE DEFERRED TAX LIABILITY FEDERAL TAX LIABILITY GUARANTEES 15000 Rounding 1 403(b) Plan Services 2125 0 0 2125 Consulting & Outside Services 9624 0 0 9624 Financial Advisor 25000 0 0 0 Financial Advisor 263068 0 0 0 I.T. 60533 0 0 60533 Insurance 5328 0 0 5328 Payroll Service Fees 3865 0 0 3865 Payroll Tax 28112 23895 State Taxes 2633 2238