COVID Stimulus Watch Parent Company Summary
Parent Company Name:
Royal Philips
Grant Total: $2,427,829
Face Value of Loans Total: $5,191,580
Parent Company Data
Ownership Structure: publicly traded
Headquartered in: Netherlands
Sector: diversified
Industry: diversified
Parent Accountability Issues Since 2010
Employment-related Penalties: $17,943,072
Government-contracting-related Penalties: $59,700,000
Environmental / Healthcare / Safety Penalties: $3,323,357
Consumer Protection / Financial / Competition-related Penalties: $11,515,178
Good Jobs First has no data in this category
Total Federal, State, and Local Subsidies: $37,465,052
Other Accountability Links For This Company
Individual Award Records
Click on the company name for more information on each subsidy award.
State:MA
Grant Amount:
Face Loan Amount:
Contract Amount:$646,683,750
Award Date:Apr 8, 2020
State:MA
Grant Amount:
Face Loan Amount:
Contract Amount:$11,000,000
Award Date:May 8, 2020
State:MA
Grant Amount:
Face Loan Amount:
Contract Amount:$8,047,782
Award Date:Apr 9, 2020
State:IL
Grant Amount:
Face Loan Amount:$5,191,580
Contract Amount:
Award Date:Dec 9, 2020
State:CA
Grant Amount:$2,427,829
Face Loan Amount:
Contract Amount:
Award Date:Aug 18, 2021
State:WA
Grant Amount:
Face Loan Amount:
Contract Amount:$72,209
Award Date:Jan 19, 2021
State:MA
Grant Amount:
Face Loan Amount:
Contract Amount:$54,742
Award Date:May 21, 2020
State:MA
Grant Amount:
Face Loan Amount:
Contract Amount:$26,540
Award Date:Jul 12, 2020
State:WA
Grant Amount:
Face Loan Amount:
Contract Amount:$19,965
Award Date:Jul 30, 2020
State:WA
Grant Amount:
Face Loan Amount:
Contract Amount:$13,218
Award Date:Sep 10, 2020
Tax / Subsidy Issues
CEO Pay Issues