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Phil And Milla Isaacson Charitable Foundation

  • Chanhassen, MN
  • Tax-exempt since July 2014
  • EIN: 46-4345795

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Unknown / Unclassified (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$67.4k (2024)

Expenses
$55k (2024)

Total Assets
$260k (2024)

Total Liabilities
$0 (2024)

Source: Form 990 tax filings from 2013 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$67,360
Expenses
$55,004
Net Income
$12,356
Net Assets
$260,248
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $60,000
89.1%
Interest Revenue $0
Dividends $5,916
8.8%
Sales of Assets $1,444
2.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $54,000
98.2%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $260,248
Total Liabilities $0
Net Assets $260,248
Compensation
Key Employees and Officers Compensation Other
Philip Isaacson (Director) $0 $0
Ludmilla Isaacson (Director) $0 $0

Document Links

990-PF
Filed on Nov. 3, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$33,878
Expenses
$56,346
Net Income
-$22,468
Net Assets
$249,238
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $30,000
88.6%
Interest Revenue $0
Dividends $3,634
10.7%
Sales of Assets $244
0.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $52,850
93.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $249,238
Total Liabilities $0
Net Assets $249,238
Compensation
Key Employees and Officers Compensation Other
Philip Isaacson (Director) $0 $0
Ludmilla Isaacson (Director) $0 $0

Document Links

990-PF
Filed on July 29, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,313
Expenses
$10,159
Net Income
-$5,846
Net Assets
$248,409
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $2,565
59.5%
Sales of Assets $1,748
40.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $10,038
98.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $248,409
Total Liabilities $0
Net Assets $248,409
Compensation
Key Employees and Officers Compensation Other
Philip Isaacson (Director) $0 $0
Ludmilla Isaacson (Director) $0 $0

Document Links

990-PF
Filed on Nov. 13, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$9,125
Expenses
$39,773
Net Income
-$30,648
Net Assets
$356,339
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $10,075
> 100%
Interest Revenue $0
Dividends $4,226
46.3%
Sales of Assets -$5,176
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $39,773
100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $356,339
Total Liabilities $0
Net Assets $356,339
Compensation
Key Employees and Officers Compensation Other
Philip Isaacson (Director) $0 $0
Ludmilla Isaacson (Director) $0 $0

Document Links

990-PF
Filed on Dec. 8, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$38,643
Expenses
$23,572
Net Income
$15,071
Net Assets
$536,740
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $36,391
94.2%
Interest Revenue $0
Dividends $2,252
5.8%
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $23,572
100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $536,741
Total Liabilities $1
Net Assets $536,740
Compensation
Key Employees and Officers Compensation Other
Philip Isaacson (Director) $0 $0
Ludmilla Isaacson (Director) $0 $0

Document Links

990-PF
Filed on July 1, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$441,794
Expenses
$20,025
Net Income
$421,769
Net Assets
$632,750
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $437,190
99.0%
Interest Revenue $0
Dividends $2,984
0.7%
Sales of Assets $1,620
0.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $20,000
99.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $652,750
Total Liabilities $20,000
Net Assets $632,750
Compensation
Key Employees and Officers Compensation Other
Philip Isaacson (Director) $0 $0
Ludmilla Isaacson (Director) $0 $0

Document Links

990-PF
Filed on Dec. 17, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$40,092
Expenses
$37,058
Net Income
$3,034
Net Assets
$191,164
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $37,000
92.3%
Interest Revenue $0
Dividends $2,427
6.1%
Sales of Assets $665
1.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $37,000
99.8%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $191,164
Total Liabilities $0
Net Assets $191,164
Compensation
Key Employees and Officers Compensation Other
Philip Isaacson (Director) $0 $0
Ludmilla Isaacson (Director) $0 $0

Document Links

990-PF
Filed on Nov. 15, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$33,061
Expenses
$31,711
Net Income
$1,350
Net Assets
$216,462
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $29,812
90.2%
Interest Revenue $0
Dividends $2,519
7.6%
Sales of Assets $730
2.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $30,551
96.3%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $216,462
Total Liabilities $0
Net Assets $216,462
Compensation
Key Employees and Officers Compensation Other
Philip Isaacson (Director) $0 $0
Ludmilla Isaacson (Director) $0 $0

Document Links

990-PF
Filed on July 17, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$2,522
Expenses
$26,000
Net Income
-$23,478
Net Assets
$213,119
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $2,030
80.5%
Sales of Assets $492
19.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $26,000
100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $213,119
Total Liabilities $0
Net Assets $213,119
Compensation
Key Employees and Officers Compensation Other
Philip Isaacson (Director) $0 $0
Ludmilla Isaacson (Director) $0 $0

Document Links

990-PF
Filed on Nov. 15, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$207,494
Expenses
$32,690
Net Income
$174,804
Net Assets
$302,483
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $106,710
51.4%
Interest Revenue $0
Dividends $3,446
1.7%
Sales of Assets $97,338
46.9%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $32,646
99.9%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $302,483
Total Liabilities $0
Net Assets $302,483
Compensation
Key Employees and Officers Compensation Other
Philip Isaacson (Director) $0 $0
Ludmilla Isaacson (Director) $0 $0

Document Links

990-PF
Filed on Nov. 15, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$4,385
Expenses
$40,000
Net Income
-$35,615
Net Assets
$398,955
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $2,908
66.3%
Sales of Assets $1,477
33.7%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $40,000
100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $398,955
Total Liabilities $0
Net Assets $398,955

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$602,621
Expenses
$1,500
Net Income
$601,121
Net Assets
$613,140
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $602,621
100%
Interest Revenue $0
Dividends $0
Sales of Assets $0
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $1,500
100%
Compensation of Officers* $0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $613,140
Total Liabilities $0
Net Assets $613,140

Document Links

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

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