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THE PHASE FOUNDATION

GERMANTOWN, MD 521611434

The Phase Foundation in Germantown, MD, manages over $3.6 million in assets, funds projects across numerous U.S. cities and states, and is overseen by a board of trustees, with Catherine L. Hekimian as a compensated trustee.

Overview

About THE PHASE FOUNDATION

The Phase Foundation, based in Germantown, Maryland, is a U.S.-based foundation with assets totaling $3,624,344. The foundation reported expenses of $364,990 and revenue of $239,091. It has funded projects in various cities across the United States, including major areas like Baltimore, Washington, and Silver Spring, as well as in multiple states such as Arizona, California, and Virginia. The foundation is managed by a board of trustees, including Catherine L. Hekimian, who is compensated for her role, while other trustees serve without compensation. The foundation does not specify particular subject areas of focus on its public records.

Focus Areas

N/A

Geographic Focus

AZCACOCTDCGAKYMAMDMINCNHNJNYPAVAWA
Application Status

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Success Rates

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Average Grant Size

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Sample Match Score

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87%
Excellent compatibility match
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Key Statistics
Total Assets $3.6M
Total Awarded This Year $276K
Average Grant Size $9K
Total Grants (Previous Year) 11,294
Open to New Applicants
false
% New Applicants Funded
0%
Contact Information
GERMANTOWN, MD US
Geographic Funding Distribution

Financials

Total Assets
$3,624,344

in 2024, compared to $3,747,436 in 2023

Annual Grants
$276,000

31 grants awarded in 2024

Program Expenses
85%

Of total expenses go to programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$150,000Wilmer Eye Institute (Fund for Johns Hopkins Med)To fund research into treatment of retinal degeneration.600 N WOLFE ST STE 112 BALTIMORE, MD US2024
$114,000WILMER EYE INSTITUTETo fund Wilmer Eye Institute.6430 Rockledge Dr Bethesda, MD US2023
$30,000FUND FOR JOHNS HOPKINS MEDICINETO FUND CUSTOM DESIGNED HIPAA PROTECTED DATABASE PLATFORM TO SECURELY HOUSE GENETIC INFO.600 N WOLFE ST WILMER 112 BALTIMORE, MD US2022
$10,000A WIDER CIRCLETO FUND BEDS, FURNITURE, AND OTHER ESSENTIALS FOR FAMILIES LIVING IN POVERTY.10325 KENSINGTON PKWY 70 KENSINGTON, MD US2022
$10,000HOPE HOUSETO SUPPORT READING PROGRAM, SUMMER CAMP, AND COLLEGE CHALLENGE.6031 3RD ST NW WASHINGTON, DC US2022
$10,000PROSPECT HILL CEMETERYTO FUND REPAIRS OF ROADWAYS & WALKWAYS ON CEMETERY GROUNDS.2608 LAKEVIEW PKWY LOCUST GROVE, VA US2022
$10,000SECOND CHANCE WILDLIFE CENTERTo pay for food, medicine, supplies & cage furnishINGS FOR REHABBING ANIMALS.7107 BARCELLONA DRIVE GAITHERBURG, MD US2022
$10,000PROSPECT HILL CEMETERYTO FUND REPAIRS OF ROADWAYS & WALKWAYS ON CEMETERY GROUNDS.2608 LAKEVIEW PKWY LOCUST GROVE, VA US2023
$9,000HOPE HOUSETO SUPPORT READING PROGRAM, SUMMER CAMP, AND COLLEGE CHALLENGE.6031 3RD ST NW WASHINGTON, DC US2023
$9,000SECOND CHANCE WILDLIFE CENTERTo pay for food, medicine, supplies & cage furnishINGS FOR REHABBING ANIMALS.7107 BARCELLONA DRIVE GAITHERBURG, MD US2023
133 row(s) total.

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People

Leadership & Staff

Compensation data from most recent available 990 forms

Title
CLH
CATHERINE L HEKIMIAN
TRUSTEE$253002024
CLH
CATHERINE L HEKIMIAN
TRUSTEE$198232022
CLH
CATHERINE L HEKIMIAN
TRUSTEE$191252023
JEH
JOAN E HEKIMIAN
TRUSTEE$02022
CH
CHRISTOPHER HEKIMIAN
TRUSTEE$02022
AHS
ALLISON H SITAR
TRUSTEE$02022
AMK
A MARK KENCHTEL
TRUSTEE$02022
JEH
JOAN E HEKIMIAN
TRUSTEE$02023
CH
CHRISTOPHER HEKIMIAN
TRUSTEE$02023
AHS
ALLISON H SITAR
TRUSTEE$02023
15 row(s) total.

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on December 15, 2024