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Foundations / Massachusetts

The Stephen Phillips Memorial Scholarship Fund Inc

Accepts applications Boston, Massachusetts · EIN 275040651

The Stephen Phillips Memorial Scholarship Fund Inc is a private foundation in Boston, Massachusetts. In tax year 2024 it gave $5.1 million in 520 grants; the typical grant was $8,500 and the largest $41,000. It accepts applications; its filing gives the instructions below.

From its IRS Form 990-PF for tax year 2024.

Giving in 2024 was up from $4.6 million the year before.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2022$4.2 million534$92.4 million
2023$4.6 million539$108 million
2024$5.1 million520$120 million

How to apply

ContactThe Stephen Phillips Memorial Schol
PO Box 870, Salem, MA 01970
Phone or email(978) 744-2111, staff@spscholars.org
What to submitSee the "apply" section of the scholarship fund's website for applications. The trust's website is listed on page 5, part vii-a, line 13.
DeadlinesMay 1, 2025 for new applicants & february 3, 2025 for renewal applicants
RestrictionsChecks are written directly to the colleges and universities the recipients are attending. Scholarships are given only to students whose permanent residence is in a new england state however the student may attend any college or university in the united states.

As written in the foundation's IRS filing for tax year 2024. Details may have changed since.

Foundation website IRS filings on ProPublica

What The Stephen Phillips Memorial Scholarship Fund Inc funds

Where it gives

Its grants went to recipients in 25 states, the most to Massachusetts.

StateGrantsAmount
Massachusetts245$2.2 million
Connecticut74$713,000
Rhode Island35$416,150
New York29$334,000
Pennsylvania21$311,320
New Hampshire33$233,000
Maine22$187,750
Florida14$178,500
Virginia5$70,200
District of Columbia6$63,000

Grants paid in 2024

The 40 largest of 520 grants
RecipientPurposeAmount
Individual
ME
Scholarship$41,000
Individual
PA
Scholarship$30,000
Individual
CO
Scholarship$30,000
Individual
MA
Scholarship$30,000
Individual
MA
Scholarship$30,000
Individual
PA
Scholarship$30,000
Individual
GA
Scholarship$30,000
Individual
CT
Scholarship$29,500
Individual
MA
Scholarship$28,500
Individual
RI
Scholarship$28,250
Individual
FL
Scholarship$27,500
Individual
CT
Scholarship$27,000
Individual
MA
Scholarship$26,500
Individual
MA
Scholarship$26,000
Individual
NJ
Scholarship$24,500
Individual
CT
Scholarship$24,500
Individual
PA
Scholarship$24,500
Individual
NY
Scholarship$24,500
Individual
NY
Scholarship$24,500
Individual
MA
Scholarship$24,000
Individual
PA
Scholarship$24,000
Individual
MA
Scholarship$23,500
Individual
CT
Scholarship$23,000
Individual
HI
Scholarship$23,000
Individual
MA
Scholarship$22,700
Individual
NH
Scholarship$22,500
Individual
CA
Scholarship$22,000
Individual
RI
Scholarship$22,000
Individual
HI
Scholarship$21,500
Individual
RI
Scholarship$21,500
Individual
RI
Scholarship$21,500
Individual
CT
Scholarship$21,500
Individual
ME
Scholarship$21,000
Individual
MD
Scholarship$21,000
Individual
CT
Scholarship$21,000
Individual
RI
Scholarship$20,500
Individual
MA
Scholarship$20,500
Individual
MA
Scholarship$20,000
Individual
CT
Scholarship$20,000
Individual
MA
Scholarship$19,500

Officers and trustees

As listed in Part VIII of the 2024 filing.

Questions people ask

Does The Stephen Phillips Memorial Scholarship Fund Inc accept grant applications?

Yes. Its latest IRS filing says it accepts applications, with this on deadlines: May 1, 2025 for new applicants & february 3, 2025 for renewal applicants.

How much does The Stephen Phillips Memorial Scholarship Fund Inc give?

$5.1 million in tax year 2024, across 520 grants, with a typical grant of $8,500.

Who runs The Stephen Phillips Memorial Scholarship Fund Inc?

Its 2024 filing lists Peggy Eysenbach (Director), Lawrence Coolidge (Treasurer/Director), John H Finley IV (Clerk/Director) and Beth Anderson (Director) among 6 officers and trustees.

What does The Stephen Phillips Memorial Scholarship Fund Inc fund?

Based on its grants, mainly education.

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