Subsidy Tracker Parent Company Summary

Parent Company Name: 
Royal Philips
Ownership Structure: 
publicly traded
Headquartered in: 
Netherlands
Major Industry: 
diversified
Specific Industry: 
diversified
Subsidy SummarySubsidy ValueNumber of Awards
State/Local$32,316,69182
Federal (grants and allocated tax credits)$11,912,59313
TOTAL$44,229,28495
Loan / Bailout SummaryTotal Face ValueNumber of Awards
State/Local loans, bond financing and venture capital$00
Federal loans, loan guarantees and bailout assistance (not including repayments)$39,421,48446
TOTAL$39,421,48446
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.

Associated Names: 

CARDIOSPECTRA; LIFELINE SYS; PHILIPS; PHILIPS NORTH AMERICA LLC; RESPIRONICS; SPECTRANETICS; VOLCANO

Links: 

For a summary of this company's regulatory violations see its Violation Tracker summary page here.


Top 5 States for state/local awardsTotal Subsidy $Number of Awards
Washington$8,461,88342
Ohio$8,323,0623
New York$4,747,44812
Pennsylvania$4,609,91914
Tennessee$2,852,5001
All other$3,321,87910

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 Valuesort icon Loan/Bailout Value Type of Subsidy
PHILIPS MEDICAL SYSTEMS CLEVELAND INC Ohio state 2012 $5,000,000 grant/loan hybrid program
PHILIPS ELECTRONICS NORTH AMERICA CORPORATION United States federal 2017 $3,330,025 federal grant
PHILIPS NORTH AMERICA LLC United States federal 2018 $2,997,875 federal grant
Philips Tennessee local 2017 $2,852,500 tax credit/rebate
Philips Medical Systems (Cleveland), Inc. Ohio state 2012 $2,323,887 tax credit/rebate
PHILIPS ELECTRONICS NORTH AMERICA CORPORATION United States federal 2010 $1,802,713 federal grant
Philips Electronics North America Massachusetts state 2015 $1,800,000 tax credit/rebate
CardioSpectra, Inc. Texas state 2006 $1,350,000 grant
Philips Holding USA, Inc. United States federal 2012 $1,294,724 federal grant
Philips Medical Systems 450 Old Nisk Rd New York local 2007 $1,037,844 tax credit/rebate; property tax abatement
PHILIPS MEDICAL SYSTEMS CLEVELAND INC Ohio state 2011 $999,175 grant/loan hybrid program
Respironics Pennsylvania state $990,000 tax credit/rebate
Philips Medical Systems MR, Inc. New York state 2010 $946,405 enterprise zone
Philips Medical Systems MR, Inc. New York state 2009 $841,380 enterprise zone
Philips Medical Systems New York local 2006 $840,000 tax credit/rebate; property tax abatement
Respironics Pennsylvania state $800,000 grant
PHILIPS ULTRASOUND INC Washington state 2012 $624,759 tax credit/rebate
PHILIPS ULTRASOUND INC Washington state 2011 $565,030 tax credit/rebate
PHILIPS ULTRASOUND INC Washington state 2013 $564,849 tax credit/rebate
PHILIPS ELECTRONICS NORTH AMERICA CORPORATION United States federal 2015 $499,131 federal grant
PHILIPS ELECTRONICS NORTH AMERICA CORPORATION United States federal 2014 $497,127 federal grant
Respironics, Inc. Pennsylvania state 2015 $490,401 tax credit/rebate
PHILIPS ULTRASOUND INC Washington state 2014 $490,310 tax credit/rebate
PHILIPS ULTRASOUND INC Washington state 2009 $483,212 tax credit/rebate
PHILIPS ULTRASOUND INC Washington state 2008 $479,958 tax credit/rebate
PHILIPS ELECTRONICS NORTH AMERICA United States federal 2005 $475,609 federal grant
Respironics, Inc. Pennsylvania state 2014 $472,488 tax credit/rebate
PHILIPS ULTRASOUND INC Washington state 2010 $454,646 tax credit/rebate
PHILIPS ULTRASOUND INC Washington state 2004 $434,015 tax credit/rebate
PHILIPS ULTRASOUND INC Washington state 2007 $342,833 tax credit/rebate
Respironics, Inc. Pennsylvania state 2008 $330,527 tax credit/rebate
Philips Medical Systems MR, Inc. New York state 2011 $308,893 enterprise zone
Philips Medical Systems MR, Inc. New York state 2008 $285,222 enterprise zone
Respironics, Inc. Pennsylvania state 2013 $265,872 tax credit/rebate
Respironics, Inc. Pennsylvania state $265,000 tax credit/rebate
PHILIPS ELECTRONICS NORTH AMERICA CORP United States federal 2007 $261,325 federal grant
Philips Ultrasound, Inc. Pennsylvania state $251,318 training reimbursement
Respironics Pennsylvania state $240,000 training reimbursement
PHILIPS ULTRASOUND INC Washington state 2004 $236,543 tax credit/rebate
PHILIPS ULTRASOUND INC Washington state 2005 $236,543 tax credit/rebate
PHILIPS ULTRASOUND INC Washington state 2006 $236,543 tax credit/rebate
PHILIPS ULTRASOUND INC Washington state 2007 $236,543 tax credit/rebate
PHILIPS ULTRASOUND INC Washington state 2008 $236,543 tax credit/rebate
PHILIPS ULTRASOUND INC Washington state 2009 $236,543 tax credit/rebate
PHILIPS ELECTRONICS NORTH AMERICA CORPORATION Washington state 2013 $218,255 tax credit/rebate
PHILIPS ELECTRONICS NORTH AMERICA CORP United States federal 2008 $213,208 federal grant
PHILIPS ELECTRONICS NORTH AMERICA CORPORATION Washington state 2011 $200,380 tax credit/rebate
Philips Ultrasound, Inc. Pennsylvania state $200,000 grant
PHILIPS ELECTRONICS NORTH AMERICA CORPORATION Washington state 2012 $193,513 tax credit/rebate
Philips Medical Systems MR, Inc. New York state 2015 $190,720 enterprise zone
PHILIPS ELECTRONICS NORTH AMERICA CORPORATION Washington state 2010 $187,997 tax credit/rebate
PHILIPS ELECTRONICS NORTH AMERICA CORPORATION Washington state 2014 $176,326 tax credit/rebate
PHILIPS ELECTRONICS NORTH AMERICA United States federal 2005 $175,000 federal grant
PHILIPS ELECTRONICS NORTH AMERICA CORP United States federal 2007 $165,856 federal grant
PHILIPS ULTRASOUND INC Washington state 2006 $162,963 tax credit/rebate
Philips Medical Systems MR Inc. New York state 2007 $157,798 enterprise zone
PHILIPS ELECTRONICS NORTH AMERICA CORP United States federal 2007 $150,000 federal grant
PHILIPS MEDICAL SYSTEMS HSG Washington state 2008 $147,722 tax credit/rebate
PHILIPS MEDICAL SYSTEMS HSG Washington state 2009 $141,887 tax credit/rebate
PHILIPS ULTRASOUND INC Washington state 2005 $140,525 tax credit/rebate
PHILIPS ORAL HEALTHCARE INC Washington state 2004 $139,127 tax credit/rebate
PHILIPS ORAL HEALTHCARE INC Washington state 2009 $137,056 tax credit/rebate
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
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 ELECTRONICS NORTH AMERICA CORP United States federal 2006 $50,000 federal grant
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
Philips Medical Systems Hsg United States federal 2011 $3,475,546 federal loan or loan guarantee
Philips Medical Systems North America Inc. United States federal 2012 $2,750,407 federal loan or loan guarantee
Philips Medical Systems Hsg United States federal 2009 $2,423,731 federal loan or loan guarantee
Philips Medical Systems Hsg United States federal 2009 $1,724,020 federal loan or loan guarantee
Philips Medical Systems Hsg United States federal 2009 $1,641,514 federal loan or loan guarantee
Philips Medical Systems Hsg United States federal 2011 $1,608,967 federal loan or loan guarantee
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