Miles Charitable Trust
Miles Charitable Trust is a private foundation, based in Eagan, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $475K in total assets. In 2025, it awarded 7 grants totaling $22K. Net investment income was $20K.
Miles Charitable Trust at a glance
In short: Miles Charitable Trust gave $22K across 7 grants in 2025 (avg $3K), mostly in Iowa. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $22,113
- +0.4% vs 2024
- Grants made (2025)
- 7
- +0.0% vs 2024
- Average grant
- $3,159
- +0.4% vs 2024
- Median grant
- $3,159
- Total assets
- $475,316
- -1.0% vs 2024
- Primary geography
- Iowa (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Miles Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Indian Hills Community College Foundatio ($3K). Together the top 7 received $22K.
Grant Size Distribution
35 grants across all recorded years
The most common grant size was under $50K: 35 grants of 35 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
States
Cities
How Miles Charitable Trust gives
- Giving fell 24% from 2022 to 2025. 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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $19K (2021) to $29K (2022). In 2025 it made 7 grants totaling $22K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Indian Hills Community College Foundatio Ottumwa, IA | General Operating | $3,159 |
| Wapello County Historical Society Ottumwa, IA | General Operating | $3,159 |
| Food Bank of Iowa Des Moines, IA | General Operating | $3,159 |
| Hospice Ottumwa, IA | General Operating | $3,159 |
| Ecumenical Lords Cupboard Ottumwa, IA | General Operating | $3,159 |
| Southeast Iowa Symphony Assn Mt Pleasant, IA | General Operating | $3,159 |
| Ottumwa Public Library Ottumwa, IA | General Operating | $3,159 |
Ready to take the next step with Miles Charitable Trust?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $475,316 | $27,631 | $32,128 | $22,113 | 7 | $24,427 | $19,655 | $25,221 |
| 2024 | $479,960 | $16,912 | $31,651 | $22,022 | 7 | $24,312 | $8,847 | $24,406 |
| 2023 | $494,701 | $12,672 | $30,097 | $19,992 | 7 | $20,718 | $7,031 | $22,747 |
| 2022 | $512,127 | $122,239 | $39,940 | $28,945 | 7 | $31,270 | $115,515 | $22,314 |
| 2021 | $429,831 | $57,819 | $27,751 | $18,795 | 7 | $20,351 | $50,355 | $26,900 |
| 2020 | $399,771 | $11,271 | $30,507 | $22,312 | 8 | — | $4,893 | $23,845 |
Under IRS private-foundation payout rules, Miles Charitable Trust reported a distributable amount of $25K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Miles Charitable Trust's only listed officer is US Bank N A, Trustee on every filing since 2020 (compensated).
Officers on the 2025 filing
US Bank N A
Trustee
On filings since 2020
1 hr/week
$7K (2020) → $8K (2025)
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
The highest reported compensation on the 2025 filing was $8K, to US Bank N a (Trustee).
Frequently asked questions about Miles Charitable Trust
How much does Miles Charitable Trust give each year?
Miles Charitable Trust gave $22K across 7 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $22K across 7 grants.
What is Miles Charitable Trust's typical grant size?
Miles Charitable Trust's median grant in 2025 was $3,159, and its average grant was $3,159, across 7 grants on its 2025 IRS Form 990-PF.
Where does Miles Charitable Trust give grants?
Miles Charitable Trust gives mostly in Iowa: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Ottumwa, IA (5 grants).
Does Miles Charitable Trust give general operating support?
Yes: 100% of Miles Charitable Trust's 2025 grants with a stated purpose (7 of 7) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Miles Charitable Trust's largest grantees?
Miles Charitable Trust's largest 2025 grantees include Indian Hills Community College Foundatio ($3,159), Wapello County Historical Society ($3,159) and Food Bank of Iowa ($3,159), according to its 2025 IRS Form 990-PF. Together they received 43% of its itemized 2025 grant dollars.
How large is Miles Charitable Trust?
Miles Charitable Trust reported $475K in total assets on its 2025 IRS Form 990-PF. It paid out $24K in qualifying distributions that year, against a required minimum of $25K (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.
What is Miles Charitable Trust's EIN?
Miles Charitable Trust's EIN (Employer Identification Number) is 42-6534906. 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.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 7, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 5, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 9, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 5, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Miles Charitable Trust's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Ottumwa Regional Legacy Foundation Inc
Ottumwa, IA
The foundation funds community enrichment, nonprofit capacity building, health care, education, housing, and other priorities in Ottumwa and Wapello County, Iowa. Bright Ideas grants are typically $2,500–$30,000; 2024 grants ranged from $20 to $554,112. Its 2024 filing says it does not accept unsolicited funding requests and gives only to preselected organizations.
Assets
$73.8M
Grants
216
Total Given
$3.1M
Helen J and Thomas Nelson Urban Sr Charitable Foundation III
Des Moines, IA
Assets
$712K
Grants
43
Total Given
$68K
William B McGuire Jr Family Foundation
Charlotte, NC
The William B McGuire Jr Family Foundation supports a range of charitable programs, including health, education, arts, housing, conservation, and religious organizations. Its 2024 grants ranged from $200 to $110,100, with a median of $7,750; most funding went to North Carolina, with grants also in Florida, South Carolina, Maryland, and Georgia. It gives only to preselected organizations and does not accept unsolicited requests.
Assets
$3.9M
Grants
28
Total Given
$325K
James & Marie McCurdy Family Charitable
Johnston, IA
The foundation supports Christian ministries, humanitarian aid, food relief, outreach, and medical projects, with grants mainly benefiting organizations in Iowa and also recipients in North Carolina and other states. Its 2024 grants ranged from $1,500 to $17,500, with a median of $4,300. It gives only to preselected charities and does not accept unsolicited funding requests.
Assets
$2.2M
Grants
26
Total Given
$134K
Weiler Foundation
Knoxville, IA
The Weiler Foundation supports a range of charitable purposes, including health care, education, community programs, recreation, and other local needs; in 2025, grants ranged from $500 to $1 million, with a median of $1,000. It gives primarily in Iowa, where 98% of 2025 grant dollars went. Its 2024 filing describes a written application process, with submissions accepted continuously and no stated deadline.
Assets
$25.3M
Grants
99
Total Given
$1.4M
Quad Cities Community Foundation
Bettendorf, IA
Quad Cities Community Foundation funds nonprofit operations and programs across areas including education, health, arts and culture, community development, youth, and the environment, primarily in Rock Island County, Illinois, and Scott County, Iowa, with some service to surrounding counties. Its 2024 grants had a median of $15,000; its Operations and Programs Grants program lists requests of $5,000–$20,000.
Assets
$209.7M
Grants
263
Total Given
$7.5M
More similar funders
More Funders in Minnesota
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Miles Charitable Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Miles Charitable Trust down — hundreds of funders to go?