George Isaac Foundation

TOLEDO, OH EIN: 34-1724575

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.

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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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.

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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

16states
+8 more states

Cities

AdaAnn ArborArchboldArlingtonAuroraBay HarborBryanCarpinteriaChagrin FallsChicagoClevelandCoronadoDefianceDenverDewittDurhamGoletaGolfGreencastleHolland

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.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$4M$5M20202021202220232024
Metric202420232022
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

Giving Over Time

Total grant dollars and number of grants per year

$0$113K$225K$338K$451K55 grants202064 grants202181 grants202280 grants202375 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

EL MONTECITO PRESBYTERIA…$46KEPWORTH UNITED METHODIST…$35KSANTA BARBARA COTTAGE HO…$25KGLOBAL DOWN SYNDROME FOU…$12KCHILDRENS HOSPITAL COLOR…$10KRONALD MCDONALD HOUSE$6KBOYS & GIRLS CLUB OF TOL…$5KCANCER FOUNDATION OF SAN…$5KCARPINTERIA ARTS CENTER$5KDIRECT RELIEF$5K

Grant Size Distribution

250 grants across all recorded years

249<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include El Montecito Presbyterian Church ($46,000), Epworth United Methodist Church ($35,000), Santa Barbara Cottage Hospital Foundation ($25,000).

RecipientPurposeAmount
ALPHA RESOURCES SLING SHOT ART STUDIO SANTA BARBARA, CAGENERAL SUPPORT$2,000
AMERICAN CANCER SOCIETY LITTLE ROCK, ARGENERAL SUPPORT$1,000
ARMN ARLINGTON, VAGENERAL SUPPORT$2,000
BLUE AND GOLD LEGACY TOLEDO, OHGENERAL SUPPORT$2,500
BOYS & GIRLS CLUB OF TOLEDO TOLEDO, OHGENERAL SUPPORT$5,000
BUTLER UNIVERSITY INDIANAPOLIS, INGENERAL SUPPORT$500
CANCER FOUNDATION OF SANTA BARBARA SANTA BARBARA, CAGENERAL SUPPORT$5,000
CARPINTERIA ARTS CENTER CARPINTERIA, CAGENERAL SUPPORT$5,000
CENTRAL CATHOLIC HIGH SCHOOL TOLEDO, OHGENERAL SUPPORT$1,875
CHERRY STREET MISSION MINISTRIES TOLEDO, OHGENERAL SUPPORT$1,000

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

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
GEORGE A ISAAC IIIVICE PRESIDENT1
LYNN A ISAACPRESIDENT1

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?

**Application Process:** The foundation operates on an invite-only basis and does not accept unsolicited applications. The foundation typically selects grantees rather than accepting unsolicited proposals. **Grant Activity:** • In 2024, the foundation made 64 grants totaling approximately $412,000 • In 2023, the foundation made 68 grants totaling $407,000 • In 2022, the foundation made 64 grants totaling $353,000 **Grant Sizes:** • Median grant: $1,000–$3,000 • Grant range: $100–$150,000 • Aver…

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.

Explore Open Grants

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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