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Mcmillan Family Foundation Inc. is a private corporation based in VALPARAISO, IN. The foundation received its IRS ruling in 2016. The principal officer is Stewart G Mcmillan. It holds total assets of $13.2M. Annual income is reported at $13.8M. Total assets have grown from $794K in 2015 to $13.2M in 2024. The foundation is governed by 5 officers and trustees. 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 2024. According to available records, Mcmillan Family Foundation Inc. has made 6 grants totaling $873K, with a median grant of $132K. The foundation has distributed between $405K and $468K annually from 2021 to 2022. Individual grants have ranged from $480 to $303K, with an average award of $146K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Indiana. Contributions to this foundation are tax-deductible.
Smallest Grant
$480
Median Grant
$164K
Average Grant
$156K
Largest Grant
$303K
Based on 3 grants from the most recent 990-PF filing.
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.
Mcmillan Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in IN.
Mcmillan Family Foundation Inc. has distributed a total of $873K across 6 grants. The median grant size is $132K, with an average of $146K. Individual grants have ranged from $480 to $303K.
Mcmillan Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Mcmillan Family Foundation Inc. is headquartered in VALPARAISO, IN.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Timothy Scannell | BOARD MEMBER | $0 | $0 | N/A |
| John Wiktor | TREASURER/SE | $0 | $0 | N/A |
| George Douglas | BOARD MEMBER | $0 | $0 | N/A |
| Kathryn Mcmillan | PRESIDENT | $0 | $0 | N/A |
| Stewart Mcmillan | CHAIRMAN | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$13.2M
Fair Market Value
N/A
Net Worth
$13.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
6
Total Giving
$873K
Average Grant
$146K
Median Grant
$132K
Unique Recipients
4
Most Common Grant
$303K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Porter County Community FoundationDONATION | Valparaiso, IN | $300K | 2022 |
| Maac FoundationDONATION | Valparaiso, IN | $100K | 2022 |
| Home Depot FoundationDONATION | Valparaiso, IN | $5K | 2022 |
| Lasalle Council Boy ScoutsDONATION | South Bend, IN | $480 | 2021 |
INDIANAPOLIS, IN
INDIANAPOLIS, IN
MERRILLVILLE, IN