Philip S Mullin Charitable Trust
Philip S Mullin Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LINCOLN, NE. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 8 grants totaling $1.3M. Net investment income was $172K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.9M
-22.3% YoY
Annual Giving
$1.3M
Grant Count
8
Avg Grant Size
$160K
Under IRS private-foundation payout rules, Philip S Mullin Charitable Trust reported a distributable amount of $197K for 2024 — the minimum it must pay out in qualifying distributions.
About Philip S Mullin Charitable Trust
Based on IRS filings
Philip S Mullin Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LINCOLN, NE. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $3.9M in total assets. In 2024, it awarded 8 grants totaling $1.3M. Net investment income was $172K.
Focus Areas
Ready to take the next step with Philip S Mullin Charitable Trust?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $3,883,666 | $5,000,000 |
| Revenue | $168,328 | $5,000,000 |
| Expenses | $1,284,662 | — |
| Qualifying Distributions | $1,282,532 | — |
| Net Investment Income | $171,950 | — |
| Distributable Amount | $197,271 | $8,771 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Nebraska Wesleyan University ($1,000,000), Lighthouse ($105,000), Lincoln Youth Complex ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NEBRASKA WESLEYAN UNIVERSITY LINCOLN, NE | Phillip S Mullin Innovation & Entrepreneurship Program | $1,000,000 |
| LINCOLN BIKE KITCHEN LINCOLN, NE | General Operations | $25,000 |
| LINCOLN COMMUNITY FOUNDATION LINCOLN, NE | Food Bank of Lincoln | $10,000 |
| FOUNDATION FOR LINCOLN PUBLIC SCHOOLS LINCOLN, NE | General Operations | $10,000 |
| LIGHTHOUSE LINCOLN, NE | General Operations | $105,000 |
| LAMP OF LEARNING EDUCATIONAL FOUNDATION LINCOLN, NE | GENERAL OPERATIONS | $5,000 |
| DREAM FACTORY OF NEBRASKA LINCOLN, NE | GENERAL OPERATIONS | $25,000 |
| LINCOLN YOUTH COMPLEX LINCOLN, NE | GENERAL OPERATIONS | $100,000 |
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
Frequently Asked Questions
What is Philip S Mullin Charitable Trust?
Philip S Mullin Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LINCOLN, NE. It holds $3.9M in total assets as of 2024.
How large is Philip S Mullin Charitable Trust?
As of 2024, Philip S Mullin Charitable Trust holds $3.9M in total assets with $168K in annual revenue. It awarded 8 grants totaling $1.3M in 2024.
Where does Philip S Mullin Charitable Trust operate?
Philip S Mullin Charitable Trust has awarded grants in Nebraska.
What size grants does Philip S Mullin Charitable Trust award?
In 2024, Philip S Mullin Charitable Trust awarded 8 grants totaling $1.3M — an average of about $160K per grant, based on its IRS Form 990 filings.
How much is Philip S Mullin Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Philip S Mullin Charitable Trust reported a distributable amount of $197K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Philip S Mullin Charitable Trust's EIN?
Philip S Mullin Charitable Trust's EIN (Employer Identification Number) is 99-6096304. IRS Form 990 filing data is available on this page for 2023–2024.
Explore Open Grants
Browse active grant opportunities in Philip S Mullin Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.