George Isaac Foundation
The George Isaac Foundation is a private foundation established in 1993 and based in Ottawa Hills, Ohio. The foundation operates as a 501(c)(3) tax-exempt organization with a primary focus on making charitable contributions to preselected organizations.
Key facts about George Isaac Foundation
- EIN
- 34-1724575
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $425,421
- Grants made (2024)
- 75
- Average grant
- $5,672
- Median grant
- $2,500
- New grantees (estimate)
- 19% first-time grantees (14 of 75, 2024)
- Total assets
- $9,074,032
- Primary geography
- Ohio (50% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation operates on an invite-only basis and does not accept unsolicited applications. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who George Isaac Foundation funds
By grant dollars, the top recipient states for George Isaac Foundation's 75 itemized 2024 grants were Ohio (50%), California (37%) and Colorado (6%). The most frequent recipient cities were Toledo, OH (21 grants), Santa Barbara, CA (16 grants), Denver, CO (3 grants) and Goleta, CA (3 grants). 100% of grants with a stated purpose were for general or operating support.
Is George Isaac Foundation open to new grantees?
19%
first-time grantees, 2024
In 2024, 14 of 75 grantees (19%) were first-time recipients. First grants averaged $3K; repeat grants $6K. How we count
Medians: $2K first-time, $3K repeat.
- 76% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−6%). Method
- In 2024 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with George Isaac Foundation
- How to evaluate George Isaac Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$9.1M
+4.0% YoY
Annual Giving
$425K
+3.2% YoY
Grant Count
75
-6.3% YoY
Avg Grant Size
$6K
+10.1% YoY
Under IRS private-foundation payout rules, George Isaac Foundation reported a distributable amount of $495K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's stated purpose includes recovering prior year charitable contributions. The foundation supports a diverse range of charitable organizations, with documented grants to religious institutions, cultural organizations, and community-based nonprofits. Recent grantees have included El Montecito Presbyterian Church, Wesley United Methodist Church, and the Toledo Museum of Art.
Grantmaking
Grant Range
s:**
Average Grant
$3,000–$5,000
How to Apply
** The foundation operates on an invite-only basis and does not accept unsolicited applications. The foundation typically selects grantees rather than accepting unsolicited proposals.
Ready to take the next step with George Isaac Foundation?
Geographic Focus
Where this funder awards grants
The foundation supports organizations across multiple states, with primary focus areas including Ohio and California. Grantmaking reaches organizations across at least 15 states, including major urban centers and smaller communities. The foundation has supported 113 unique organizations, with approximately 72% of grants directed to organizations in Ohio, California, and Wisconsin.
Grant Distribution by State
Share of all 75 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- 2024: $9,074,032
- 2023: $8,721,464
- 2022: $8,000,000
Annual Activity:
- 2024 Total Revenue: $857,286
- 2024 Total Expenses: $506,396
- 2023 Total Revenue: $1,252,937
- 2023 Total Expenses: $519,369
Giving Rate: Approximately 4.7% of assets
The foundation has demonstrated asset growth from $2.3 million in 2011 to over $9 million in 2024.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $9,074,032 | $8,721,464 | $8,046,061 |
| Revenue | $857,286 | $1,252,937 | $-66,839 |
| Expenses | $506,396 | $519,369 | $461,465 |
| Qualifying Distributions | $462,285 | $462,004 | $395,113 |
| Net Investment Income | $813,200 | $145,407 | $153,584 |
| Distributable Amount | $495,295 | $426,209 | $426,495 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
355 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include El Montecito Presbyterian Church ($46,000), Epworth United Methodist Church ($35,000), Wesley United Methodist Church ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EL MONTECITO PRESBYTERIAN CHURCH Montecito, CA | GENERAL SUPPORT | $46,000 |
| EPWORTH UNITED METHODIST CHURCH Toledo, OH | GENERAL SUPPORT | $35,000 |
| WESLEY UNITED METHODIST CHURCH Bryan, OH | GENERAL PURPOSE | $35,000 |
| TOLEDO MUSEUM OF ART Toledo, OH | GENERAL SUPPORT | $26,000 |
| SANTA BARBARA COTTAGE HOSPITAL FOUNDATION Santa Barbara, CA | GENERAL SUPPORT | $25,000 |
| UNIVERSITY OF TOLEDO FOUNDATION Toledo, OH | GENERAL SUPPORT | $24,296 |
| YMCA OF GREATER TOLEDO Toledo, OH | GENERAL SUPPORT | $20,000 |
| WESTERN RESERVE ACADEMY Hudson, OH | GENERAL SUPPORT | $18,000 |
| GLOBAL DOWN SYNDROME FOUNDATION Denver, CO | GENERAL SUPPORT | $11,500 |
| CHILDRENS HOSPITAL COLORADO FOUNDATION Aurora, CO | GENERAL SUPPORT | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Lynn A. Isaac – President (serves without compensation)
- George A. Isaac III – Vice President (serves without compensation)
The foundation is governed by 2 officers and trustees.
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| George a Isaac III | Vice President | 1 | — |
| Lynn a Isaac | President | 1 | — |
Frequently Asked Questions
What does George Isaac Foundation fund?
The foundation's stated purpose includes recovering prior year charitable contributions. The foundation supports a diverse range of charitable organizations, with documented grants to religious institutions, cultural organizations, and community-based nonprofits. Recent grantees have included El Montecito Presbyterian Church, Wesley United Methodist Church, and the Toledo Museum of Art.
How do I apply for a grant from George Isaac Foundation?
The foundation operates on an invite-only basis and does not accept unsolicited applications. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does George Isaac Foundation make grants?
The foundation supports organizations across multiple states, with primary focus areas including Ohio and California. Grantmaking reaches organizations across at least 15 states, including major urban centers and smaller communities. The foundation has supported 113 unique organizations, with approximately 72% of grants directed to organizations in Ohio, California, and Wisconsin.
What size grants does George Isaac Foundation award?
In 2024, George Isaac Foundation awarded 75 grants totaling $425K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is George Isaac Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, George Isaac Foundation reported a distributable amount of $495K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is George Isaac Foundation's EIN?
George Isaac Foundation's EIN (Employer Identification Number) is 34-1724575. IRS Form 990 filing data is available on this page for 2020–2024.
Does George Isaac Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.