- Bicentennial Medal (2019)
- IU Foundation President's Medallion (2004)
- Bill Orwig Award (1994)
Phyllis E. McCullough worked with Cook, Inc. for forty years and served as President and CEO from 1988 until 2001. She has also served as Chairwoman of the Board at Cook, Inc.
Alongside her husband, Jerry, they have shown great support to Indiana State University, the Lotus Education and Arts Foundation, and the Monroe County History Center.
At Indiana University, the McCullough's have shown great support for IU Athletics and IU Libraries. Through IU Libraries, they have created the McCullough Film Endowment to care for the collection of 7,000 circulating videos in the Kent Cooper Media Library.
Phyllis served on the board of the IU Foundation from 2001 until 2004, and currently serves as an honorary member. She is involved in several other IU activities and is affiliated with several other programs at IU, including the Indiana University Varsity Club, where she served as the President of the Board of Directors as well as a member of the National Board of Directors and Advisory Board. In 2019, McCullough was awarded Indiana University’s Bicentennial Medal, in recognition of her distinguished contributions and service.