Phil and Milla Isaacson Charitable

CHANHASSEN, MN EIN: 46-4345795

Phil and Milla Isaacson Charitable is a private foundation, based in CHANHASSEN, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $260K in total assets. In 2024, it awarded 4 grants totaling $54K. Net investment income was $7K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$260K

+4.4% YoY

Annual Giving

$54K

+9.1% YoY

Grant Count

-20.0% YoY

Avg Grant Size

$14K

+36.4% YoY

Under IRS private-foundation payout rules, Phil and Milla Isaacson Charitable reported a distributable amount of $13K for 2024 — the minimum it must pay out in qualifying distributions.

About Phil and Milla Isaacson Charitable

Based on IRS filings

Ready to take the next step with Phil and Milla Isaacson Charitable?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Minnesota $172K (100%)

States

Minnesota

Cities

ChaskamMinneapolisSt Paul

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$260,248	$249,238	$248,409
Revenue	$67,360	$33,878	$4,313
Expenses	$55,004	$56,346	$10,159
Qualifying Distributions	$54,000	$52,850	$10,038
Net Investment Income	$7,333	$382	$4,192
Distributable Amount	$12,730	$13,591	$14,082

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

17 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include The Minnesota Opera ($21,000), Minnesota Orchestral Association ($20,000), Mn Public Radio ($12,000).

Recipient	Purpose	Amount
MINNESOTA ORCHESTRAL ASSOCIATION MINNEAPOLIS, MN	GENERAL SUPPORT	$20,000
MN PUBLIC RADIO ST PAUL, MN	GENERAL SUPPORT	$12,000
THE MINNESOTA OPERA MINNEAPOLIS, MN	GENERAL SUPPORT	$21,000
HABITAT FOR HUMANITY ST PAUL, MN	GENERAL SUPPORT	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
PHILIP ISAACSON	DIRECTOR	1	—
LUDMILLA ISAACSON	DIRECTOR	1	—

Frequently Asked Questions

How large is Phil and Milla Isaacson Charitable?

As of 2024, Phil and Milla Isaacson Charitable holds $260K in total assets with $67K in annual revenue. It awarded 4 grants totaling $54K in 2024.

Where does Phil and Milla Isaacson Charitable operate?

Phil and Milla Isaacson Charitable has awarded grants in Minnesota.

What size grants does Phil and Milla Isaacson Charitable award?

In 2024, Phil and Milla Isaacson Charitable awarded 4 grants totaling $54K — an average of about $14K per grant, based on its IRS Form 990 filings.

How much is Phil and Milla Isaacson Charitable required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Phil and Milla Isaacson Charitable reported a distributable amount of $13K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Phil and Milla Isaacson Charitable's EIN?

Phil and Milla Isaacson Charitable's EIN (Employer Identification Number) is 46-4345795. IRS Form 990 filing data is available on this page for 2020–2024.