The Brian and Sheila McMillan
The Brian and Sheila McMillan is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Excelsior, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 24 grants totaling $79K. Net investment income was $88K.
Key facts about The Brian and Sheila McMillan
- EIN
- 82-1403154
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $79,410
- Grants made (2024)
- 24
- Average grant
- $3,309
- Median grant
- $1,100
- Total assets
- $1,159,312
- Primary geography
- Minnesota (51% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who The Brian and Sheila McMillan funds
By grant dollars, the top recipient states for The Brian and Sheila McMillan's 24 itemized 2024 grants were Minnesota (51%), Wyoming (39%) and Texas (6%). The most frequent recipient cities were Excelsior, MN (7 grants), Laramie, WY (2 grants), Jackson, WY (2 grants) and Minneapolis, MN (2 grants). None of its 24 grants with a stated purpose were described as general or operating support. Recurring purposes include "Operations" (4 grants) and "Food Shelf" (3 grants).
How The Brian and Sheila McMillan gives
- 43% of 2024 grantees were also funded in 2023. Method
- Giving grew 184% from 2021 to 2024. Method
- In 2024 it paid out 146% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Brian and Sheila McMillan
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
+2.6% YoY
Annual Giving
$79K
+57.8% YoY
Grant Count
24
+71.4% YoY
Avg Grant Size
$3K
-7.9% YoY
Under IRS private-foundation payout rules, The Brian and Sheila McMillan reported a distributable amount of $57K for 2024 — the minimum it must pay out in qualifying distributions.
About The Brian and Sheila McMillan
Based on IRS filings
The Brian and Sheila McMillan is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Excelsior, MN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 24 grants totaling $79K. Net investment income was $88K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 24 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,159,312 | $1,129,960 | $942,357 |
| Revenue | $100,016 | $124,320 | $88,751 |
| Expenses | $94,598 | $60,951 | $56,311 |
| Qualifying Distributions | $83,436 | $51,561 | $40,415 |
| Net Investment Income | $87,511 | $113,632 | $77,515 |
| Distributable Amount | $57,146 | $47,665 | $49,766 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
63 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include University of Wyoming Foundation ($20,000 across 2 grants), Community for the Commons ($10,000), Community Foundation of Jackson Hole ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| COMMUNITY FOR THE COMMONS Excelsior, MN | PARK CONSERVANCY | $10,000 |
| COMMUNITY FOUNDATION OF JACKSON HOLE Jackson, WY | PUBLIC BROADCASTING | $10,000 |
| LIONS INK Minneapolis, MN | NORTH MINNEAPOLIS COMMUNITY SUPPORT | $10,000 |
| UNIVERSITY OF WYOMING FOUNDATION Laramie, WY | SHEILA BUSINESS SCHOOL | $10,000 |
| UNIVERSITY OF WYOMING FOUNDATION Laramie, WY | BRIAN ENGINEERING SCHOOL | $10,000 |
| BRYCES BLESSINGS THE BRYCE BORCA FOUNDATION Northlake, TX | OPERATIONS | $5,000 |
| OPEN HANDS FOUNDATION Excelsior, MN | TEEN HOMELESSNESS | $5,000 |
| SOHI COMMUNITY PARK Excelsior, MN | EUMC PLAYGROUND | $5,000 |
| BOUNTIFUL BASKET FOOD SHELF Chaska, MN | FOOD SHELF | $2,500 |
| ICA FOOD SHELF Minnetonka, MN | FOOD SHELF | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Sheila McMillan | Trustee | 1 | — |
| Brian McMillan | Trustee | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Brian and Sheila McMillan?
The Brian and Sheila McMillan is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Excelsior, MN. It holds $1.2M in total assets as of 2024.
How large is The Brian and Sheila McMillan?
As of 2024, The Brian and Sheila McMillan holds $1.2M in total assets with $100K in annual revenue. It awarded 24 grants totaling $79K in 2024.
Where does The Brian and Sheila McMillan operate?
The Brian and Sheila McMillan has awarded grants in Idaho, Indiana, Massachusetts, Maryland, Michigan, Minnesota, New York, Ohio, Texas, Wyoming.
What size grants does The Brian and Sheila McMillan award?
In 2024, The Brian and Sheila McMillan awarded 24 grants totaling $79K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is The Brian and Sheila McMillan required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Brian and Sheila McMillan reported a distributable amount of $57K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Brian and Sheila McMillan's EIN?
The Brian and Sheila McMillan's EIN (Employer Identification Number) is 82-1403154. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.