Milo Stip Charitable Remainder

SIOUX FALLS, SD EIN: 27-6423243

Milo Stip Charitable Remainder is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SIOUX FALLS, SD. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $38.5M in total assets. In 2024, it awarded 2 grants totaling $1.7M. Net investment income was $4.2M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$38.5M

-2.6% YoY

Annual Giving

$1.7M

+32.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$860K

+32.0% YoY

Under IRS private-foundation payout rules, Milo Stip Charitable Remainder reported a distributable amount of $1.9M for 2024 — the minimum it must pay out in qualifying distributions.

About Milo Stip Charitable Remainder

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Nebraska $3.6M (50%)

South Dakota $3.6M (50%)

States

Nebraska South Dakota

Cities

OmahaSioux Falls

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$38,508,176	$39,538,477	$27,532,301
Revenue	$4,436,702	$967,055	$1,417,560
Expenses	$2,095,534	$1,665,106	$1,660,925
Qualifying Distributions	$1,823,598	$1,397,942	$1,432,455
Net Investment Income	$4,167,922	$716,258	$1,206,290
Distributable Amount	$1,879,601	$1,814,953	$1,376,330

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Grant Size Distribution

10 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Salvation Army ($860,108), Humane Society of Sioux Falls Sd ($860,107).

Recipient	Purpose	Amount
THE SALVATION ARMY OMAHA, NE	SUPPORT	$860,108
HUMANE SOCIETY OF SIOUX FALLS SD SIOUX FALLS, SD	SUPPORT	$860,107

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Milo Stip Charitable Remainder?

Milo Stip Charitable Remainder is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in SIOUX FALLS, SD. It holds $38.5M in total assets as of 2024.

How large is Milo Stip Charitable Remainder?

As of 2024, Milo Stip Charitable Remainder holds $38.5M in total assets with $4.4M in annual revenue. It awarded 2 grants totaling $1.7M in 2024.

Where does Milo Stip Charitable Remainder operate?

Milo Stip Charitable Remainder has awarded grants in Nebraska, South Dakota.

What size grants does Milo Stip Charitable Remainder award?

In 2024, Milo Stip Charitable Remainder awarded 2 grants totaling $1.7M — an average of about $860K per grant, based on its IRS Form 990 filings.

How much is Milo Stip Charitable Remainder required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Milo Stip Charitable Remainder reported a distributable amount of $1.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Milo Stip Charitable Remainder's EIN?

Milo Stip Charitable Remainder's EIN (Employer Identification Number) is 27-6423243. IRS Form 990 filing data is available on this page for 2019–2024.