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Nonprofit · EIN 75-2750645

CHARLES H PHIPPS FOUNDATION

Tax-exempt · DALLAS, TX 75205

Financials

$258K$333K2022$200K$333K2023$2.1M$322K2024$107K$173K2025
Revenue Expenses · by fiscal year end
Financials of CHARLES H PHIPPS FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-PF$107,265$172,914-$65,649$4,694,796$0$4,694,796
April 30, 2025990-PF$2,092,831$322,351$1,770,480$4,763,171$0$4,763,171
April 30, 2024990-PF$199,524$332,613-$133,089$2,992,457$0$2,992,457
April 30, 2023990-PF$258,276$332,882-$74,606$3,154,951$0$3,154,951
Financial details: 990-PF for the year ended December 31, 2025

Revenue

Dividends
$90,240
Net gain from sales of assets
$17,025

Expenses

Grants and similar amounts paid
$125,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$141,664
Excise tax on investment income
$1,057

Balance sheet and other

Total assets, start of year
$4,763,171
Total assets, end of year
$4,694,796
Total liabilities, end of year
$0
Net assets, end of year
$4,694,796
Fair market value of assets
$5,725,985
Qualifying distributions
$141,664
Net investment income
$107,265

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
ANN PHIPPS
5500 PRESTON ROAD SUITE 250, DALLAS, TX 75205
PRESIDENT, TREASURER, TRUSTEE1$0
CHARLES PHIPPS
5500 PRESTON ROAD SUITE 250, DALLAS, TX 75205
TRUSTEE1$0
CHRISTOPHER PHIPPS
5500 PRESTON ROAD SUITE 250, DALLAS, TX 75205
TRUSTEE1$0
MICHAEL R CANNATTI
5500 PRESTON ROAD SUITE 250, DALLAS, TX 75205
SECRETARY, TRUSTEE1$0
990-PF for the year ended April 30, 2025: 4 people
NameTitleHours / weekCompensation
ANN PHIPPS
5500 PRESTON ROAD SUITE 250, DALLAS, TX 75205
PRESIDENT, TREASURER, TRUSTEE1$0
CHARLES PHIPPS
5500 PRESTON ROAD SUITE 250, DALLAS, TX 75205
TRUSTEE1$0
CHRISTOPHER PHIPPS
5500 PRESTON ROAD SUITE 250, DALLAS, TX 75205
TRUSTEE1$0
MICHAEL R CANNATTI
5500 PRESTON ROAD SUITE 250, DALLAS, TX 75205
SECRETARY, TRUSTEE1$0
990-PF for the year ended April 30, 2024: 4 people
NameTitleHours / weekCompensation
ANN PHIPPS
5500 PRESTON ROAD SUITE 250, DALLAS, TX 75205
PRESIDENT, TREASURER, TRUSTEE1$0
CHARLES PHIPPS
5500 PRESTON ROAD SUITE 250, DALLAS, TX 75205
TRUSTEE1$0
CHRISTOPHER PHIPPS
5500 PRESTON ROAD SUITE 250, DALLAS, TX 75205
TRUSTEE1$0
MICHAEL R CANNATTI
5500 PRESTON ROAD SUITE 250, DALLAS, TX 75205
SECRETARY, TRUSTEE1$0
990-PF for the year ended April 30, 2023: 3 people
NameTitleHours / weekCompensation
Ann Phipps
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Pres, Treas, Trustee1$0
Charles Phipps
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Trustee1$0
Christopher Phipps
Foundation Source 501 Silverside Rd, Wilmington, DE 198091377
Sec, Trustee1$0

Address and contacts

Address (IRS master file)
5500 PRESTON RD STE 250, DALLAS, TX 75205-2699
In care of
% TOLLESON WEALTH MANAGEMENT
Signed the 990-PF
ANN PHIPPS, PRESIDENT
Phone
(214) 780-2617
Return prepared by
PWC US TAX LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-PF on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
75-2750645
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Donations deductible (Pub 78)
Private foundation, 30% limit
Exempt since
1999
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$4,694,796
Income (IRS master file)
$200,243

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2025$107,265$172,914$4,694,796XML
990-PFApril 2025$2,092,831$322,351$4,763,171XML
990-PFApril 2024$199,524$332,613$2,992,457XML
990-PFApril 2023$258,276$332,882$3,154,951XML
990-PFApril 2022–––IRS
990-PFApril 2021–––IRS
990-PFApril 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 75-2750645).

Questions about CHARLES H PHIPPS FOUNDATION

What is the EIN of CHARLES H PHIPPS FOUNDATION?
The employer identification number (EIN) of CHARLES H PHIPPS FOUNDATION is 75-2750645.
Is CHARLES H PHIPPS FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Are donations to CHARLES H PHIPPS FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does CHARLES H PHIPPS FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of CHARLES H PHIPPS FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHARLES H PHIPPS FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2025.
Who are the officers and directors of CHARLES H PHIPPS FOUNDATION?
The 990-PF for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
How much revenue does CHARLES H PHIPPS FOUNDATION have?
On its 990-PF for the year ended December 31, 2025 it reported revenue of $107,265, expenses of $172,914 and total assets of $4,694,796 at year end.

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