Phil and Milla Isaacson Charitable
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
4
-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
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.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| 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.
Explore Open Grants
Browse active grant opportunities in Phil and Milla Isaacson Charitable's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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