2022-11-15T11:11:48-06:00 2021-12-31 571157523 APRIO LLP 212 W MATTHEWS ST STE 102 MATTHEWS NC 28105 990PF 2021-01-01 046977585 KERMIT G PHILLIPS II CHARITABLE TRUST AKA PHILLIPS FOUNDATION KERM 3364580806 PO BOX 4034 GREENSBORO NC 27404 KEVIN PHILLIPS TRUSTEE AND CHAIRMAN 3364580806 2022-11-11 1 KEVIN PHILLIPS 999009999 DAVID D FRASER P00283556 7048411120 2022-11-11 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z X 70741987 X X 963706 963706 3761306 3761306 3761306 510452 507922 5235464 5232934 106797 0 53399 415625 0 207813 79568 0 39784 23185 0 23185 43833 0 43833 358375 0 62518 34586 0 34586 2717 0 144097 0 115278 4417 0 4417 572315 0 522777 1785515 0 1107590 1500092 1500092 3285607 0 2607682 1949857 5232934 3010898 67074 67074 372171 868320 868320 425000 0 0 1406399 1634452 1681446 41685255 43060418 58895858 1155251 1556339 1596301 14247210 23638456 6942440 527795 39043 491469 488752 488752 320919 201796 201796 63114572 71515607 70741987 105689 2960783 152693 33535 3219165 33535 X 0 0 0 0 59895407 71482072 59895407 71482072 63114572 71515607 59895407 1949857 9636808 71482072 0 71482072 MORGAN STANLEY INVESTMENT ACCOUNT 2020-01-01 2021-12-31 3222008 3222008 3222008 PRIVATE ADVISORS K-1 P 2021-01-01 2021-12-31 61 61 61 PRIVATE ADVISORS K-1 P 2020-01-01 2021-12-31 93385 93385 93385 PRIVATE ADVISORS K-1 P 2020-01-01 2021-12-31 82436 82436 82436 OTHER REALIZED GAINS P 2020-01-01 2021-12-31 15 15 15 CAPITAL GAINS DIVIDENDS P 363401 363401 363401 3761306 72738 0 72738 0 72738 43896 0 0 0 43896 0 28842 0 0 0 0 0 0 0 0 1 1 0 1 1 NC 1 0 0 1 0 1 WWW.PHILLIPSFOUNDATIONNC.ORG APRIO LLP 7048411120 212 W MATTHEWS ST STE 102 MATTHEWS NC 28105 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 KATHERINE PHILLIPS PO BOX 4034 GREENSBORO NC 27404 TRUSTEE 1.00 0 0 0 KEITH PHILLIPS PO BOX 4034 GREENSBORO NC 27404 TRUSTEE 1.00 0 0 0 KERT PHILLIPS PO BOX 4034 GREENSBORO NC 27404 TRUSTEE 1.00 0 0 0 KEVIN PHILLIPS PO BOX 4034 GREENSBORO NC 27404 TRUSTEE 1.00 0 0 0 PETER GILCHRIST PO BOX 4034 GREENSBORO NC 27404 PROTECTOR 1.00 0 0 0 CHRISTINA M GEYER 2400 BENNETT AVENUE 2323 DALLAS TX 75206 EMPLOYEE 40.00 117879 0 0 ERICA K SHIELDS 4001 RIVE LANE ADDISON TX 75001 EMPLOYEE 40.00 116732 0 0 CATHERINE H BURNETT 111 HILLSPRING LANE CHAPEL HILL NC 27516 CHIEF OPERATING OFFI 40.00 106797 0 0 MANDI R FREEMAN 1426 S MONTREAL AVE DALLAS TX 75208 EMPLOYEE 40.00 63778 0 0 LORI G UNDERHILL 2010 RANKIN MILL ROAD GREENSBORO NC 27405 ADMINISTRATIVE 40.00 56659 0 0 0 MORGAN STANLEY 333 W SAN CARLOS ST STE 1100 SAN JOSE CA 95110 INVESTMENT MANAGEMENT 268117 0 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. 272209 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 OFSTAKEHOLDERS, 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 DEALFLOWAND EXPLORING OPPORTUNITIES. 137084 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 FOUNDATIONWILL PROMOTE AND ADVOCATE FOR EXEMPLARY LEADERSHIP AND GOVERNANCE. IN TURN, THIS WILL ENABLE NONPROFITS AND PHILANTHROPISTS TO MAXIMIZE THEIR LEVEL OF IMPACT. 60919 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. 0 IMPACT VENTURES ACCELERATOR AS A LOAN PRI 200000 ELSEWHERE INC OF GUILFORD COUNTY NC AS GUARANTEE PRI 130801 114638 445439 65354878 1005649 0 66360527 0 0 66360527 995408 65365119 3268256 3268256 72738 72738 3195518 0 3195518 0 3195518 2607682 445439 3053121 3195518 344787 0 0 3053121 344787 0 0 2708334 0 0 0 0 0 0 0 0 487184 0 0 0 KEITH PHILLIPS X DRK FOUNDATION 1600 EL CAMINO REAL SUITE 155 MENLO PARK CA 94025 PC OPERATIONS AND PROGRAM SUPPORT 200000 GUILFORD EDUCATION ALLIANCE 311 POMONA DR GREENSBORO NC 27407 PC ONGOING OPERATIONS 200000 NEW VENTURE FUND 1201 CONNECTICUT AVE NW SUITE 300 WASHINGTON DC 20036 PC THE TIPPING POINT 250000 THE COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 27401 PC COVID 19 GRANT 300000 THE COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 27401 PC SAY YES TO EDUCATION 500000 UNC-G EXCELLENCE FOUNDATION OFFICE OF THE CHANCELLOR UNCG 303 MOSSMAN BLDG GREENSBORO NC 27402 PC HEALTHY RELATIONSHIPS INITIATIVE 35092 THE COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 27401 PC MABEL ART INSTILLATION 15000 1500092 0 14 963706 14 507922 18 3761306 SCHEDULE K-1 ACTIVITY 525990 2530 2530 5232934 0 5235464 0 0 0 0 0 0 0 0 0 0 ACCOUNTING 43833 0 43833 SOCIAL FINANCE UP (UP FUND LP) AS AN EQUITY PRI 114638 2014 EQUIPMENT 2014-12-31 11707 11707 SL 5.000000000000 0 0 2014 FURN & FIXT 2014-12-31 22330 20728 SL 7.000000000000 1602 0 2014 IMPROVE 2014-12-31 2200 1430 SL 10.000000000000 220 0 COMPUTERS 2018-04-11 4475 2461 SL 5.000000000000 895 0 CORPORATE BONDS 1556339 1596301 CORPORATE STOCK AND MUTUAL FUNDS 43060418 58895858 1101483 1122544 532969 558902 OTHER INVESTMENTS AT COST 23638456 6942440 2014 EQUIPMENT 11707 11707 0 2014 FURN & FIXT 22330 22330 0 2014 IMPROVE 2200 1650 550 COMPUTERS 4475 3356 1119 LEGAL 23185 0 23185 INTEREST RECEIVABLE 31660 0 0 PROGRAM RELATED INVESTMENTS 289259 SALES TAX RECEIVABLE 1796 1796 IMPACT VENTURES 200000 200000 BANK CHARGES 4011 0 3209 INSURANCE 1034 0 827 TEMPORARY SERVICES 97058 0 48529 DCA - PUBLIC RESPONSIBILITY 272209 0 272209 DCA - IMPACT INVESTING 137084 0 137084 DCA - SOCIAL SECTOR LEADERSHIP 60919 0 60919 CREDIT CARD REWARDS 750 750 750 OTHER INVESTMENT INCOME 507172 507172 507172 SCHEDULE K-1 ACTIVITY 2530 2530 UNREALIZED GAIN LOSS 6431481 PRIOR PERIOD ADJUSTMENTS 3205327 CREDIT CARD PAYABLE 30334 18535 403(B) PAYABLE 2026 0 DEFERRED TAX LIABILITY 100127 0 FEDERAL TAX PAYABLE 5206 0 GUARANTEES 15000 15000 CONSULTING & OUTSIDE SERVICES 11277 0 11277 INVESTMENT ADVISORY FEES 293117 0 0 RETIREMENT PLAN SERVICES 2740 0 0 IT SUPPORT 35238 0 35238 PAYROLL SERVICE FEES 6583 0 6583 WEBSITE EXPENSE 9420 0 9420 PAYROLL TAXES 32169 0 32169 STATE TAXES 2417 0 2417