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Megadeals
Subsidy Tracker Parent Company Summary
Parent Company Name: Royal Philips
Ownership Structure: publicly traded
Headquartered in: Netherlands
Major Industry: diversified
Specific Industry: diversified
Subsidy Summary | Subsidy Value | Number of Awards |
State/Local | $33,395,891 | 84 |
Federal (grants and allocated tax credits) | $6,115,747 | 3 |
TOTAL | $39,511,638 | 87 |
Loan / Bailout Summary | Total Face Value | Number of Awards |
State/Local loans, bond financing and venture capital | $0 | 0 |
Federal loans, loan guarantees and bailout assistance (not including repayments) | $39,421,484 | 46 |
TOTAL | $39,421,484 | 46 |
Time Period for State and Local Awards: Earliest year of data: 2000. Availability of data for earlier years varies greatly from program to program. The majority of the listings for this parent company are for the period since 2009.
Time Period for Federal Awards: FY2000 to the present
Notes: Dollar totals do not include awards for which no subsidy value is disclosed.
Links: For a summary of this company's regulatory violations see its Violation Tracker summary page
here.
Top 5 States for state/local awards | Total Subsidy $ | Number of Awards |
Washington | $8,461,883 | 42 |
Ohio | $8,323,062 | 3 |
New York | $5,747,448 | 13 |
Pennsylvania | $4,609,919 | 14 |
Tennessee | $2,852,500 | 1 |
All other | $3,401,079 | 11 |
Individual Subsidy Records:
Click on the company name for more information on each subsidy award.
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Company | Location | Subsidy Source | Year | Subsidy Value | Loan/Bailout Value | Type of Subsidy |
PHILIPS MEDICAL SYSTEMS HSG | Washington | state | 2004 | $131,036 | | tax credit/rebate |
Respironics, Inc. | Pennsylvania | state | 2011 | $115,097 | | tax credit/rebate |
Philips Medical Systems MR Inc. | New York | state | 2006 | $115,000 | | enterprise zone |
PHILIPS MEDICAL SYSTEMS HSG | Washington | state | 2007 | $109,896 | | tax credit/rebate |
Respironics, Inc. | Pennsylvania | state | 2016 | $107,307 | | tax credit/rebate |
PHILIPS ORAL HEALTHCARE INC | Washington | state | 2007 | $105,319 | | tax credit/rebate |
PHILIPS ORAL HEALTHCARE INC | Washington | state | 2010 | $100,712 | | tax credit/rebate |
Mednet Healthcare Technologies, Inc. | New Jersey | state | 2011 | $79,200 | | tax credit/rebate |
Spectranetics Corporation | Colorado | state | 2015 | $77,436 | | training reimbursement |
PHILIPS ORAL HEALTHCARE INC | Washington | state | 2008 | $75,542 | | tax credit/rebate |
PHILIPS ORAL HEALTHCARE INC | Washington | state | 2006 | $60,520 | | tax credit/rebate |
PHILIPS MEDICAL SYSTEMS HSG | Washington | state | 2006 | $46,305 | | tax credit/rebate |
Spectranetics Corporation | Colorado | state | 2016 | $46,143 | | training reimbursement |
PHILIPS MEDICAL SYSTEMS HSG | Washington | state | 2005 | $43,965 | | tax credit/rebate |
Respironics, Inc. | Pennsylvania | state | 2012 | $43,011 | | tax credit/rebate |
Respironics, Inc. | Pennsylvania | state | 2010 | $38,898 | | tax credit/rebate |
PHILIPS MEDICAL SYSTEMS HSG | Washington | state | 2004 | $20,335 | | tax credit/rebate |
PHILIPS MEDICAL SYSTEMS HSG | Washington | state | 2007 | $18,763 | | tax credit/rebate |
PHILIPS MEDICAL CAPITAL LLC | Maine | state | 2015 | $15,520 | | property tax abatement |
Philips Medical Systems MR, Inc. | New York | state | 2012 | $13,233 | | enterprise zone |
PHILIPS ORAL HEALTHCARE INC | Washington | state | 2011 | $12,528 | | tax credit/rebate |
PHILIPS MEDICAL CAPITAL LLC | Maine | state | 2011 | $12,137 | | property tax abatement |
PHILIPS ORAL HEALTHCARE INC | Washington | state | 2012 | $9,969 | | tax credit/rebate |
PHILIPS ORAL HEALTHCARE LLC | Washington | state | 2014 | $9,526 | | tax credit/rebate |
Philips Medical Systems MR, Inc. | New York | state | 2013 | $8,992 | | enterprise zone |
PHILIPS ORAL HEALTHCARE INC | Washington | state | 2013 | $8,988 | | tax credit/rebate |
PHILIPS MEDICAL CAPITAL LLC | Maine | state | 2014 | $8,000 | | property tax abatement |
PHILIPS MEDICAL CAPITAL LLC | Maine | state | 2013 | $5,831 | | property tax abatement |
PHILIPS MEDICAL CAPITAL LLC | Maine | state | 2012 | $5,664 | | property tax abatement |
Philips Medical Systems MR, Inc. | New York | state | 2014 | $1,961 | | enterprise zone |
PHILIPS ORAL HEALTHCARE INC | Washington | state | 2005 | $1,929 | | tax credit/rebate |
PHILIPS ORAL HEALTHCARE INC | Washington | state | 2006 | $1,929 | | tax credit/rebate |
PHILIPS MEDICAL CAPITAL LLC | Maine | state | 2010 | $1,148 | | property tax abatement |
Lifeline Systems, Inc. | Massachusetts | state | 2003 | undisclosed | | tax credit/rebate |
Lifeline Systems, Inc. (Site 1) | Massachusetts | state | 2000 | undisclosed | | tax credit/rebate |
Lifeline Systems, Inc. (Site 2) | Massachusetts | state | 2000 | undisclosed | | tax credit/rebate |
Philips Electronics North America Corporation | West Virginia | state | 2007 | undisclosed | | tax credit/rebate |
Philips Electronics North America Corporation | West Virginia | state | 2008 | undisclosed | | tax credit/rebate |