Jacob J Isaacson Trust up V

Private foundation · Grantmaker Eagan, MN EIN: 47-6092098

Jacob J Isaacson Trust up V is a private foundation, based in Eagan, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $830K in total assets. In 2025, it awarded 2 grants totaling $39K. Net investment income was $26K.

Key facts about Jacob J Isaacson Trust up V

In short: Jacob J Isaacson Trust up V gave $39K across 2 grants in 2025 (avg $20K), mostly in Nebraska. Source: 2025 IRS Form 990-PF.

EIN
47-6092098
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$39,050
Grants made (2025)
2
Average grant
$19,525
Median grant
$19,525
Total assets
$829,828
Primary geography
Nebraska (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$830K

-1.9% YoY

Annual Giving

$39K

+5.5% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$20K

+5.5% YoY

Under IRS private-foundation payout rules, Jacob J Isaacson Trust up V reported a distributable amount of $43K for 2025 — the minimum it must pay out in qualifying distributions.

How Jacob J Isaacson Trust up V gives

  • Giving held roughly steady from 2022 to 2025 (−15%). Method
  • In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

OmahaLincoln

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K2 grants2020 2 grants2021 2 grants2022 2 grants2023 2 grants2024 2 grants2025

From 2020 to 2025, annual grant giving ranged from $37K (2024) to $46K (2022). In 2025 it made 2 grants totaling $39K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

University of Nebraska: $32KUniversity of Nebraska$32KCreighton University: $7KCreighton University$7K

The largest 2025 recipient was University of Nebraska ($32K). Together the top 2 received $39K.

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 10 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Nebraska Omaha, NEScholarship$32,021
Creighton University Omaha, NEScholarship$7,029

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$829,828$845,494$866,182
Revenue$40,517$32,002$23,313
Expenses$55,540$52,685$55,437
Qualifying Distributions$42,230$40,128$41,098
Net Investment Income$26,429$19,808$17,756
Distributable Amount$43,481$42,165$40,136

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Jacob J Isaacson Trust up V's only listed officer is US Bank N A, Trustee on filings since 2020 (compensated).

Officers on the 2025 filing

  • US Bank N A

    Trustee

    On filings since 2020

    1 hr/week

    $15K (2020) → $14K (2025)

Former officers (1)
  • Former: US Bank NA (2024) — Trustee

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

US Bank N a — Trustee: $14KUS Bank N aTrustee$14K

The highest reported compensation on the 2025 filing was $14K, to US Bank N a (Trustee).

Frequently asked questions about Jacob J Isaacson Trust up V

How much does Jacob J Isaacson Trust up V give each year?

Jacob J Isaacson Trust up V gave $39K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $37K across 2 grants.

How large is Jacob J Isaacson Trust up V?

Jacob J Isaacson Trust up V reported $830K in total assets on its 2025 IRS Form 990-PF. It paid out $42K in qualifying distributions that year, against a required minimum of $43K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Jacob J Isaacson Trust up V operate?

Jacob J Isaacson Trust up V has awarded grants in Nebraska.

What is Jacob J Isaacson Trust up V's EIN?

Jacob J Isaacson Trust up V's EIN (Employer Identification Number) is 47-6092098. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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