Philip S Mullin Charitable Trust
Philip S Mullin Charitable Trust is a private foundation, based in Lincoln, NE. IRS filing data is available from 2023 through 2025. As of 2025, the organization holds $2.8M in total assets. In 2025, it awarded 3 grants totaling $1.1M. Net investment income was $101K.
Philip S Mullin Charitable Trust at a glance
In short: Philip S Mullin Charitable Trust gave $1.1M across 3 grants in 2025 (avg $383K), mostly in Nebraska. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $1,150,000
- -10.2% vs 2024
- Grants made (2025)
- 3
- -62.5% vs 2024
- Average grant
- $383,333
- +139.6% vs 2024
- Median grant
- $100,000
- Total assets
- $2,768,661
- -28.7% vs 2024
- Primary geography
- Nebraska (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Philip S Mullin Charitable Trust funds
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2025
The largest 2025 recipient was Nebraska Wesleyan University ($1.0M). Together the top 3 received $1.1M.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 5 grants of 11 (45%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 3 itemized grants.
States
Cities
How Philip S Mullin Charitable Trust gives
- In 2025 it paid out 794% of its IRS minimum distribution (the 5% rule). 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 2024 to 2025, annual grant giving ranged from $1.1M (2025) to $1.3M (2024). In 2025 it made 3 grants totaling $1.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Nebraska Wesleyan University Lincoln, NE | Phillip S Mullin Innovation & Entrepreneurship Program | $1,000,000 |
| Lincoln Youth Complex Lincoln, NE | General Operations | $100,000 |
| Lighthouse Lincoln, NE | General Operations | $50,000 |
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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 | $2,768,661 | $42,040 | $1,157,045 | $1,150,000 | 3 | $1,151,295 | $100,716 | $144,944 |
| 2024 | $3,883,666 | $168,328 | $1,284,662 | $1,280,000 | 8 | $1,282,532 | $171,950 | $197,271 |
| 2023 | $5,000,000 | $5,000,000 | — | — | — | — | — | $8,771 |
Under IRS private-foundation payout rules, Philip S Mullin Charitable Trust reported a distributable amount of $145K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Philip S Mullin Charitable Trust is led by Philip S Mullin, Trustee on every filing since 2023 — the only officer listed, and uncompensated.
Officers on the 2025 filing
Philip S Mullin
Trustee
On filings since 2023
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2023–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Philip S Mullin Charitable Trust
How much does Philip S Mullin Charitable Trust give each year?
Philip S Mullin Charitable Trust gave $1.1M across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $1.3M across 8 grants.
What is Philip S Mullin Charitable Trust's typical grant size?
Philip S Mullin Charitable Trust's median grant in 2025 was $100,000, and its average grant was $383,333, across 3 grants on its 2025 IRS Form 990-PF.
Where does Philip S Mullin Charitable Trust give grants?
Philip S Mullin Charitable Trust gives mostly in Nebraska: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lincoln, NE (3 grants).
Does Philip S Mullin Charitable Trust give general operating support?
Yes: 67% of Philip S Mullin Charitable Trust's 2025 grants with a stated purpose (2 of 3) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Philip S Mullin Charitable Trust?
Philip S Mullin Charitable Trust reported $2.8M in total assets on its 2025 IRS Form 990-PF. It paid out $1.2M in qualifying distributions that year, against a required minimum of $145K (roughly 5% of its investment assets).
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 2023–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 5, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS April 29, 2026)
- IRS filings on file for fiscal years 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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