Phipps is a privately owned earth dam located in Grundy, Tennessee, along the Sally Creek. Built in 1991, this dam stands at a hydraulic height of 32 feet and a structural height of 35 feet, with a maximum storage capacity of 160 acre-feet. With a surface area of 10 acres and a normal storage capacity of 125 acre-feet, Phipps serves as a vital water resource in the region.

Although Phipps has a low hazard potential and is currently rated as "Not Rated" in terms of condition assessment, it is still subject to regular inspections every five years to ensure its safety and functionality. The dam features an uncontrolled spillway type with no outlet gates, further emphasizing the importance of proper risk management measures. With a moderate risk assessment score of 3, it is crucial for water resource and climate enthusiasts to stay informed about the maintenance and upkeep of Phipps to prevent any potential hazards or risks associated with its operation.

As part of the Nashville District, Phipps plays a significant role in water management and conservation efforts in the region. While it is not regulated by the state and has no permitting or inspection requirements, the presence of this dam highlights the importance of private initiatives in maintaining and safeguarding water resources. With its strategic location and vital storage capacity, Phipps serves as a valuable asset for the community and underscores the need for proactive risk management strategies to ensure its long-term sustainability in the face of changing climate conditions.