We report first-principles all-electron density-functional-based studies of
the electronic structure, magnetic ordering, and anisotropy for the V-15 m
olecular magnet. From these calculations, we determine a Heisenberg Hamilto
nian with five antiferromagnetic and one ferromagnetic exchange couplings.
We perform direct diagonalization to determine the temperature dependence o
f the susceptibility. This Hamiltonian reproduces the experimentally observ
ed spin S = 1/2 ground state and low-lying S = 3/2 excited state. A small a
nisotropy term is necessary to account for the temperature independent Dart
of the magnetization curve.