Milo Stip Charitable Remainder Unitrust
Quick Facts
- EIN
- 276423243
- Location
- SIOUX FALLS, SD
- Category
- Philanthropy & Grantmaking
- Total Assets
- $38.5M
- Annual Income
- $7.2M
- IRS Ruling Year
- 2010
- Organization Type
- Trust
- Principal Officer
- % Cortrust Bank
- Tax Deductibility
- Contributions are deductible
About This Foundation
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. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$1.7M
Total Assets
$39.5M
Fair Market Value
$39.5M
Net Worth
$39.5M
Grants Paid
$1.3M
Contributions
$0
Net Investment Income
$716K
Distribution Amount
$1.8M
Total Giving by Year
Asset Growth
Investment Portfolio (2023)
Total: $4.6M
Expense Breakdown (2023)
Revenue Sources (2023)
- Gross Rents
- $698K
- Capital Gains (Net)
- $150K
- Dividends
- $85K
- Interest
- $35K
Financial Details (2023)
- Total Revenue
- $967K
- Total Expenses
- $1.7M
- Exempt Purpose Expenses
- $1.4M
- Required Distribution
- $1.8M
- Undistributed Income
- $1.7M
- Total Liabilities
- $1
- Excise Tax
- $10K
Foundation Classification (2023)
Grantmaking Insights
Total Grants
6
Total Giving
$4.1M
Average Grant
$685K
Median Grant
$684K
Total Giving by Year
Grant Range
Openness to New Grantees (2022)
of 2022 grantees were first-time recipients
Geographic Distribution of Grants
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Salvation ArmySUPPORT | Omaha, NE | $680K | 2022 |
| Humane Society Of Sioux Falls SdSUPPORT | Sioux Falls, SD | $680K | 2022 |
| The Salvation ArmySUPPORT | Omaha, NE | $684K | 2021 |
| Humane Society Of Sioux Falls SdSUPPORT | Sioux Falls, SD | $684K | 2021 |
| The Salvation ArmySUPPORT | Omaha, NE | $691K | 2020 |
| Humane Society Of Sioux Falls SdSUPPORT | Sioux Falls, SD | $691K | 2020 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
| 2018-12 | 990PF | View Filing |
| 2017-12 | 990PF | View Filing |
| 2016-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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