William H Phipps Foundation FY2022 filing

Tax-deductible

Hudson, WI501(c)(3)EIN 39-6043312

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501(c)(3) charity; gifts are tax-deductible.
Status: IRS Pub. 78

Before you give

FY2022 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average deficit $24K a year · 9% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
990-PF Pt I · 6 filings
Cash reserves
14 mo
of spending, in cash
Looks good: 14.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$370K
+48% vs prior year
Spent
$303K
Net assets
$6.7M
By yearFY2020–FY2025
Revenue
$370K
FY2022▲ +48%
Revenue by fiscal year
FY2020$189K
FY2021$249K
FY2022$370K
FY2023$209K
FY2024$168K
FY2025$436K
Expenses
$303K
FY2022▲ +24%
Expenses by fiscal year
FY2020$254K
FY2021$245K
FY2022$303K
FY2023$242K
FY2024$372K
FY2025$352K
Net assets
$6.7M
FY2022▲ +1%
Net assets by fiscal year
FY2020$6.6M
FY2021$6.6M
FY2022$6.7M
FY2023$6.7M
FY2024$6.5M
FY2025$6.6M

From the FY2022 Form 990 (year ending April 2022) · see the original

You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 1951.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 84% · $255K Operating & administrative 16% · $48K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation
See William H Phipps Foundation executive salaries →

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Programs and updates

A private foundation based in Hudson, WI.

Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 15 grants · $311K · 2024–2024
Phipps Center for the ArtFY2024$108,333
Operation Help INCWI · FY2024$37,500
Individual RecipientFY2024$30,000
Hudson School DistrictFY2024$30,000
TurningpointFY2024$18,000
St Croix Valley Sart INCWI · FY2024$15,000
Youth Action Hudson INCWI · FY2024$15,000
Individual RecipientFY2024$13,000
Girl Scouts-MN & WI River ValleyFY2024$10,000
Northern Star Council of BsaFY2024$6,000
Hudson Backpack ProgramFY2024$5,000
Hudson Safe INCWI · FY2024$2,000
Youth Resource CommitteeFY2024$1,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV6
Average grantPart XV$21K
Median grantPart XV$13K
Largest grantPart XV$108K
Top cause focusNTEEEducation (7%)

By the numbers

The FY2022 990-PF, line by line.

1The main four
Money in
$370K
Investment income$370K
Money out
$303K
Grants paid$255K
Running costs$48K
Owns and owes
$6.7M
net assets
Cash and savings$359K
Total assets$6.7M
Liabilities$0
2In more detail
Revenue in detail
Investment income$370K
Total revenue$370K
Assets in detailEnd of year
Cash and savings together$359K
Total assets$6.7M
Liabilities$0
Net assets$6.7M
Operations
Fiscal year endsApril

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $436K$352K$84K$6.6M 990 PDF
FY2024 $168K$372K−$204K$6.5M 990 PDF
FY2023 $209K$242K−$33K$6.7M 990 PDF
FY2022 Viewing $370K$303K$67K$6.7M 990 PDF
FY2021 $249K$245K$5K$6.6M 990 PDF
FY2020 $189K$254K−$65K$6.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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