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Milestone Fund is a private trust based in BIRMINGHAM, AL. The foundation received its IRS ruling in 2018. The principal officer is Regions Bank. It holds total assets of $1M. Annual income is reported at $181K. 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 2018 to 2023. Grantmaking is concentrated in Alabama. According to available records, Milestone Fund has made 52 grants totaling $503K, with a median grant of $5K. The foundation has distributed between $127K and $244K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $244K distributed across 26 grants. Individual grants have ranged from $2K to $35K, with an average award of $10K. The foundation has supported 15 unique organizations. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$9K
Largest Grant
$20K
Based on 14 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.
Milestone Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 52 grants. Its grantmaking reaches organizations primarily in AL.
Milestone Fund has distributed a total of $503K across 52 grants. The median grant size is $5K, with an average of $10K. Individual grants have ranged from $2K to $35K.
Milestone Fund typically selects its grantees rather than accepting unsolicited proposals.
Milestone Fund is headquartered in BIRMINGHAM, AL.
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
$141K
Total Assets
$1.1M
Fair Market Value
$2.5M
Net Worth
$1.1M
Grants Paid
$132K
Contributions
N/A
Net Investment Income
$306K
Distribution Amount
$118K
Total: $854K
Total Grants
52
Total Giving
$503K
Average Grant
$10K
Median Grant
$5K
Unique Recipients
15
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| United Way Of Central AlGENERAL FUND | Birmingham, AL | $35K | 2023 |
| Children'S Hospital FoundationGENERAL FUND | Birmingham, AL | $25K | 2023 |
| Uab Comprehensive Cancer CenterGENEAL FUND | Birmingham, AL | $10K | 2023 |
| Woodlawn FoundationGENERAL FUND | Birmingham, AL | $10K | 2023 |
| Community Foundation Of Greater BirGENERAL FUND | Birmingham, AL | $10K | 2023 |
| Highlands SchoolGENERAL FUND | Birmingham, AL | $10K | 2023 |
| Birmingham Civil Rights InstituteGENERAL FUND | Birmingham, AL | $5K | 2023 |
| Mike Slive FoundationGENERAL FUND | Birmingham, AL | $5K | 2023 |
| Birmingham Historical SocietyGENERAL FUND | Birmingham, AL | $5K | 2023 |
| Indian Springs SchoolGENERAL FUND | Pelham, AL | $5K | 2023 |
| Alabama SymphonyGENERAL FUND | Birmingham, AL | $5K | 2023 |
| Hispanic Interest Coalition Of AlabGENERAL FUND | Birmingham, AL | $5K | 2023 |
| The President'S SocietyGENERAL FUND | Birmingham, AL | $2K | 2023 |
| Junior League Of BirminghamGENERAL FUND | Birmingham, AL | $2K | 2022 |
| Southern ResearchGENERAL FUND | Birmingham, AL | $5K | 2021 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL