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Also known as: UNITRUST
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Milo Stip Charitable Remainder Unitrust is a private trust based in SIOUX FALLS, SD. The foundation received its IRS ruling in 2010. The principal officer is Cortrust Bank. It holds total assets of $38.5M. Annual income is reported at $7.2M. Total assets have grown from $18M in 2011 to $39.5M in 2023. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Milo Stip Charitable Remainder Unitrust has made 8 grants totaling $5.5M, with a median grant of $682K. Annual giving has grown from $1.4M in 2020 to $2.7M in 2022. Individual grants have ranged from $680K to $691K, with an average award of $684K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in Nebraska and South Dakota. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Milo Stip Charitable Remainder Unitrust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NE, SD.
Milo Stip Charitable Remainder Unitrust has distributed a total of $5.5M across 8 grants. The median grant size is $682K, with an average of $684K. Individual grants have ranged from $680K to $691K.
Milo Stip Charitable Remainder Unitrust typically selects its grantees rather than accepting unsolicited proposals.
Milo Stip Charitable Remainder Unitrust is headquartered in SIOUX FALLS, SD. While based in SD, the foundation distributes grants to organizations across 2 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$1.7M
Total Assets
$39.5M
Fair Market Value
$39.5M
Net Worth
$39.5M
Grants Paid
$1.3M
Contributions
N/A
Net Investment Income
$716K
Distribution Amount
$1.8M
Total: $4.6M
Total Grants
8
Total Giving
$5.5M
Average Grant
$684K
Median Grant
$682K
Unique Recipients
2
Most Common Grant
$680K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Salvation ArmySUPPORT | Omaha, NE | $680K | 2022 |
| Humane Society Of Sioux Falls SdSUPPORT | Sioux Falls, SD | $680K | 2022 |
SIOUX FALLS, SD
RAPID CITY, SD
SIOUX FALLS, SD