PHILO FINANCE CORPORATION CO SCHULMAN LOPEZ HOFFER AND ADELSTEIN
701 N Post Oak Road Suite 300, Houston, TX 77024

Total Revenue
$1,745,055
Total Expenses
$6,401,073
Net Assets
$105,224,093

Organizations Filed Purposes: PHILO Finance Corporation provides financial support to public charter schools.

PHILO Finance Corp. provides financial solutions to public charter schools; assists public charter schools in obtaining financing, including providing below-market loans; and performs such other functions as may be necessary to fulfill the purposes of the Corporation.

PHILO Finance Corporation seeks to find high performing charter schools that require interim capital borrowings. KIPP Houston has borrowed funds from PHILO Finance Corporation to ensure the growth of its successful Pre-K through 12 educational program.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
John C MurphyTreas / CFO8$37,000
David MagdolDirector1$0
Jayshree DesaiDirector1$0
Ernie CockrellPresident1$0
Debbie HurwitzVice Chair1$0
Peter T ShaperChairman1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202001349349302460_public.xml