2021-11-09T08:44:42-06:00 2020-12-31 571157523 APRIO LLP 212 W MATTHEWS ST STE 102 MATTHEWS NC 28105 990PF 2020-01-01 046977585 KERMIT G PHILLIPS II CHARITABLE TRUST AKA PHILLIPS FOUNDATION KERM 3364580806 PO BOX 4034 GREENSBORO NC 27404 ELIZABETH PHILLIPS PRESIDENT 3364580806 2021-11-08 1 ELIZABETH PHILLIPS 999009999 DAVID D FRASER P00283556 7048411120 2021-11-08 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z X 61803078 X X 1014159 1014159 -12674 -2577114 4869993 0 -11189 1475 -1574144 1015634 0 0 0 396909 0 396909 24871 0 24871 21376 0 0 34400 0 0 278588 0 0 135585 0 29945 4305 0 7306 0 0 651791 12674 527896 1555131 12674 979621 2110507 2110507 3665638 12674 3090128 -5239782 1002960 349093 3010898 3010898 726418 372171 372171 425000 0 150000 425000 425000 1528272 1406399 1504025 41261388 41685255 53810514 1184719 1155251 1246036 17235115 14247210 622046 527795 36326 495773 491469 491469 600000 320919 320919 63530778 63114572 61803078 18118 105689 2960783 0 152693 18118 3219165 X 0 0 0 0 63512660 59895407 63512660 59895407 63530778 63114572 63512660 -5239782 8323505 66596383 6700976 59895407 MORGAN STANLEY INVESTMENT ACCOUNTS 2019-01-01 2020-12-31 271471 271471 271471 GENERAL GREENE K-1 P 2013-03-21 2020-12-31 4305523 4305523 4305523 BELL HNW FUND V K-1 P 2014-01-01 2020-12-31 228306 228306 228306 GENERAL GREENE LOSS ON LIQUIDATION P 2013-03-21 2020-12-31 7447107 -7447107 -7447107 CAPITAL GAINS DIVIDENDS P 64693 64693 64693 -2577114 13941 0 13941 0 13941 57837 0 0 0 57837 0 43896 43896 0 0 0 0 0 0 0 0 0 0 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 CATHERINE BURNETT PO BOX 4034 GREENSBORO NC 27404 CHIEF OPERATING OFFI 40.00 112848 0 0 ERICA K HALL 4001 RIVE LANE ADDISON TX 75001 EMPLOYEE 40.00 77924 0 0 BROOKE G FEDRO 8231 SAN BENITO WAY DALLAS TX 75218 EMPLOYEE 40.00 52500 0 0 LORI UNDERHILL PO BOX 4034 GREENSBORO NC 27404 ADMINISTRATIVE 40.00 52315 0 0 0 MORGAN STANLEY 333 W SAN CARLOS ST STE 1100 SAN JOSE CA 95110 INVESTMENT MANAGEMENT 198609 9THWONDER 8687 MELROSE AVE WEST HOLLYWOOD CA 90069 MARKETING 100750 PERSONA MEDIA 18572 JERRY JOY RD JUSTIN TX 76247 MARKETING 81816 0 FAMILY WELLNESS: 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 AND FAMILY WELLNESS. THIS DIRECT CHARITABLE ACTIVITY CARRIES OUT THE EDUCATIONAL AND CHARITABLE PURPOSES OF THE FOUNDATION. 0 HOMELESSNESS: THE PHILLIPS FOUNDATION SEEKS TO: IMPROVE ITS APPROACH TO PREVENTING AND ENDING HOMELESSNESS THROUGH LEVERAGING SUCCESSFUL GRANTEE MODELS (SUCH AS HOUSING FIRST AND YV LIFESET); CONVENE WITH PARTNERS TO DEVELOP LARGE SCALE SOLUTIONS; AND FOSTER COLLABORATION AMONG PARTNERS AND PHILLIPS FOUNDATION TO SCALE OUT INITIATIVES MORE BROADLY. THE PHILLIPS FOUNDATION ALSO AIMS TO LEARN FROM ITS GRANTEES HOW THE FOUNDATION'S INVESTMENTS IN THEM CAN BE LEVERAGED MORE FULLY. THIS DIRECT CHARITABLE ACTIVITY CARRIES OUT THE EDUCATIONAL AND CHARITABLE PURPOSES OF THE FOUNDATION. 0 IMPACT INVESTING: THE PHILLIPS FOUNDATION SEEKS TO CREATE A PLATFORM TO AMPLIFY SOCIAL AND ENVIRONMENTAL VALUE THROUGH FINANCIAL INVESTMENTS, A PRACTICE KNOW 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, CONVENING PARTNERS, FOSTERING COLLABORATION, CREATING DEAL-FLOW, AND EXPLORING OPPORTUNITIES. THIS DIRECT CHARITABLE ACTIVITY CARRIES OUT THE EDUCATIONAL AND CHARITABLE PURPOSES OF THE FOUNDATION. 169211 EDUCATION DCA: 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 AND YOUTH REACHING THEIR FULL POTENTIAL AS GENEROUS AND IMPACT-DRIVEN ADULTS. THROUGH EXPLORATION OF PARTNERSHIPS WITH OTHERS IN THE FIELD, COUPLED WITH ORIGINAL PROGRAMS DESIGNED TO EDUCATE CHILDREN AND YOUTH ABOUT GENEROSITY, STEWARDSHIP, AND SOCIAL RESPONSIBILITY, THE FOUNDATION WILL INNOVATE, CONVENE, AND COLLABORATE TO EFFECT POSITIVE CHANGE. THIS DCA CARRIES OUT THE EDUCATIONAL AND CHARITABLE PURPOSES OF THE FOUNDATION. 187770 0 58307200 1288811 0 59596011 0 0 59596011 893940 58702071 2935104 2935104 13941 13941 2921163 0 2921163 0 2921163 3090128 0 3090128 0 3090128 2921163 513752 0 0 3090128 513752 0 0 2576376 0 0 0 0 0 0 0 0 344787 0 0 0 KEITH PHILLIPS X DRK FOUNDATION 1600 EL CAMINO REAL SUITE 155 MENLO PARK CA 94025 PC OPERATIONS AND PROGRAM SUPPORT 100000 GREENSBORO CHILDREN'S MUSEUM INC 220 NORTH CHURCH STREET GREENSBORO NC 27401 PC ESTABLISH ENDOWMENT TO SUPPORT MAINTENANCE AND ENHANCED PROGRAMMING 100000 THE COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 27401 PC TANGER PERFORMING ARTS CENTER 500000 UNC-G EXCELLENCE FOUNDATION OFFICE OF THE CHANCELLOR UNCG 303 MOSSMAN BLDG GREENSBORO NC 27402 PC HEALTHY RELATIONSHIPS INITIATIVE 140367 RAISE TEXAS PO BOX 78703 AUSTIN TX 78703 PC ONGOING OPERATIONS 40 UNITED WAY OF GREATER GREENSBORO 1500 YANCEYVILLE STREET GREENSBORO NC 27405 PC COVID 19 RELIEF 250000 THE COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 27401 PC COVID 19 GRANT 250000 THE COMMUNITY FOUNDATION OF GREATER GREENSBORO INC 330 SOUTH GREENE STREET SUITE 100 GREENSBORO NC 27401 PC SAY YES TO EDUCATION 500100 NEW VENTURE FUND 1201 CONNECTICUT AVE NW SUITE 300 WASHINGTON DC 20036 PC THE TIPPING POINT 250000 GUILFORD EDUCATION ALLIANCE 311 POMONA DR GREENSBORO NC 27407 PC ONGOING OPERATIONS 5000 BEHIND EVERY DOOR 2824 SWISS AVE DALLAS TX 75204 PC ONGOING OPERATIONS 10000 VOGEL ALCOVE 1738 GANO ST DALLAS TX 75215 PC ONGOING OPERATIONS 5000 2110507 0 14 1014159 16 -12674 14 1475 18 -2577114 SCHEDULE K-1 ACTIVITY 525990 -12664 -12664 -1574154 0 -1586818 0 0 0 0 0 0 0 0 0 0 ACCOUNTING 34400 0 0 2014 EQUIPMENT 2014-12-31 11707 11707 SL 5.000000000000 0 0 2014 FURN & FIXT 2014-12-31 22330 17538 SL 7.000000000000 3190 0 2014 IMPROVE 2014-12-31 2200 1210 SL 10.000000000000 220 0 COMPUTERS 2018-04-11 4475 1566 SL 5.000000000000 895 0 CORPORATE BONDS - SEE STMT 1155251 1246036 CORPORATE STOCK AND MUTUAL FUNDS - SEE STMT 41685255 53810514 873402 924970 532997 579055 OTHER INVESTMENTS - SEE STMT AT COST 14247210 622046 2014 EQUIPMENT 11707 11707 0 2014 FURN & FIXT 22330 20728 1602 2014 IMPROVE 2200 1430 770 COMPUTERS 4475 2461 2014 LEGAL 21376 0 0 NYC INCLUSIVE CREATIVE ECONOMY FUND PRI 100000 JAIL EDUCATION MRI 500000 INTEREST RECEIVABLE 31660 31660 PROGRAM RELATED INVESTMENTS 289259 289259 CURRENT YEAR BOOK TAX DIFFERENCES 79217 PRIOR PERIOD ADJUSTMENTS 6621759 BANK CHARGES 3066 0 0 DUES SUBSCRIPTIONS & MEMBERSHIPS 5204 0 0 INSURANCE 1500 0 0 OFFICE EXPENSES 15512 0 0 TEMPORARY SERVICES 85939 0 0 DCA - EDUCATION GAWG 187770 0 187770 DCA - IMPACT INV FIELD BLDG 129755 0 129755 DCA - PUBLIC RESPONSIBILITY 1553 0 1553 DCA - IMPACT INV IITT 39456 0 39456 DCA - RCI 168987 0 168987 DCA - PROGRAM EXPENSE 375 0 375 NET LOSS REPORTED ON K-1 12674 12674 0 CREDIT CARD REWARDS 1475 1475 1475 SCHEDULE K-1 ACTIVITY -12664 -12664 UNREALIZED GAIN LOSS 8323505 CREDIT CARD PAYABLE 0 30334 403(B) PAYABLE 0 2026 DEFERRED TAX LIABILITY 0 100127 FEDERAL TAX PAYABLE 0 5206 GUARANTEES 0 15000 MCE SOCIAL CAPITAL UNRELATED 100000 0 2017-07 2020-06 ANNUAL INTEREST ONLY WITH BALLOON PAYMENT 2.500000000000 NONE INVESTMENT 0 RSF SOCIAL FINANCE NONE 50000 0 2018-06 2020-12 0.750000000000 NONE SOCIAL IMPACT INVESTMENT 0 CONSULTING & OUTSIDE SERVICES 22695 0 0 INVESTMENT ADVISORY FEES 223609 0 0 RETIREMENT PLAN SERVICES 2320 0 0 IT SUPPORT 20731 0 0 WEBSITE 8217 0 0 PAYROLL SERVICE FEES 1016 0 0 PAYROLL TAXES 29945 0 29945 STATE TAXES 7978 0 0 FEDERAL TAXES 97662 0 0