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Milford Bank Foundation Inc. is a private corporation based in MILFORD, CT. The foundation received its IRS ruling in 2003. The principal officer is % Robert Macklin. It holds total assets of $602K. Annual income is reported at $148K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Milford Bank Foundation Inc. has made 259 grants totaling $279K, with a median grant of $500. Annual giving has grown from $17K in 2020 to $47K in 2023. Grantmaking activity was highest in 2022 with $215K distributed across 222 grants. Individual grants have ranged from $150 to $25K, with an average award of $1K. The foundation has supported 75 unique organizations. Grant recipients are concentrated in Connecticut. Contributions to this foundation are tax-deductible.
Milford Bank Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 259 grants. Its grantmaking reaches organizations primarily in CT.
Milford Bank Foundation Inc. has distributed a total of $279K across 259 grants. The median grant size is $500, with an average of $1K. Individual grants have ranged from $150 to $25K.
Milford Bank Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Milford Bank Foundation Inc. is headquartered in MILFORD, CT.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan L Shields | PRESIDENT & CHAIR | $0 | $0 | $0 |
| James R Beard | BOARD CHAIR | $0 | $0 | $0 |
| David B Rubin | BOARD VICE CHAIR | $0 | $0 | $0 |
| Michael A Capodanno | TREASURER | $0 | $0 | $0 |
| Anne Marie Lenart | SECRETARY | $0 | $0 | $0 |
Total Giving
$48K
Total Assets
$476K
Fair Market Value
$476K
Net Worth
$476K
Grants Paid
$47K
Contributions
$50K
Net Investment Income
$4K
Distribution Amount
$19K
Total Grants
259
Total Giving
$279K
Average Grant
$1K
Median Grant
$500
Unique Recipients
75
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Milford Historical SocietyUNRESTRICTED | Milford, CT | $300 | 2023 |
| WheatUNRESTRICTED | West Haven, CT | $2K | 2022 |
| Disabled American VeteransUNRESTRICTED | Milford, CT | $1K | 2022 |
| Devon RotaryUNRESTRICTED | Milford, CT | $300 | 2022 |
| John A Harkins |
| BOARD MEMBER |
| $0 |
| $0 |
| $0 |
| Joy Topazian Moore | BOARD MEMBER | $0 | $0 | $0 |
| Raymond A Macaluso | BOARD MEMBER | $0 | $0 | $0 |
| Kevin C Mcgrath | BOARD MEMBER | $0 | $0 | $0 |
| Peter A Olsen | BOARD MEMBER | $0 | $0 | $0 |
| Carol A Mcinnis | BOARD MEMBER | $0 | $0 | $0 |
| David Esposito | BOARD MEMBER | $0 | $0 | $0 |
| Beverly K Streit-Kefalas | BOARD MEMBER | $0 | $0 | $0 |
| Michael J Paolini | BOARD MEMBER | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| The Storehouse ProjectTO FUND THE PURCHASE OF NEW FACILITY AND EQUIPMENT AND SUPPORT ONGOING OPERATING EXPENSES |
| Milford, CT |
| $25K |
| 2023 |
| Boys & Girls Club Of MilfordUNRESTRICTED | Milford, CT | $2K | 2023 |
| United Way Of MilfordUNRESTRICTED | Milford, CT | $2K | 2023 |
| Emerge IncUNRESTRICTED | Stratford, CT | $2K | 2023 |
| Stratford PalUNRESTRICTED | Stratford, CT | $2K | 2023 |
| Sterling House Community CenterUNRESTRICTED | Stratford, CT | $2K | 2023 |
| Bridges Healthcare IncUNRESTRICTED | Milford, CT | $1K | 2023 |
| Milford National Lou Gehrig LlUNRESTRICTED | Milford, CT | $1K | 2023 |
| Pantochino ProductionsUNRESTRICTED | West Haven, CT | $1K | 2023 |
| Platt Tech HsUNRESTRICTED | Milford, CT | $1K | 2023 |
| Purple Pantry BoxesUNRESTRICTED | Milford, CT | $1K | 2023 |
| Rape Crisis CenterUNRESTRICTED | Milford, CT | $1K | 2023 |
| Stratford Education FoundationUNRESTRICTED | Stratford, CT | $1K | 2023 |
| Team IncUNRESTRICTED | Derby, CT | $1K | 2023 |
| Literacy Volunteers Of Southern CtUNRESTRICTED | Milford, CT | $950 | 2023 |
| Friends Of The Milford LibraryUNRESTRICTED | Milford, CT | $500 | 2023 |
| Room 17 MathUNRESTRICTED | Milford, CT | $500 | 2023 |
| Perry House FoundationUNRESTRICTED | Stratford, CT | $500 | 2023 |
| Giving Table The Foran HsUNRESTRICTED | Milford, CT | $500 | 2023 |
| Freelove Baldwin Stow Chapter DarUNRESTRICTED | Milford, CT | $500 | 2023 |
| Stratford Historical SocietyUNRESTRICTED | Stratford, CT | $250 | 2023 |
| Junior Major League IncUNRESTRICTED | Milford, CT | $250 | 2023 |
| Milford Arts CouncilUNRESTRICTED | Milford, CT | $4K | 2022 |
| Literacy Volunteers Of Southern ConnecticutUNRESTRICTED | Milford, CT | $3K | 2022 |
| Beth El CenterUNRESTRICTED | Milford, CT | $2K | 2022 |
| Connecticut Burns Care FoundationUNRESTRICTED | Milford, CT | $2K | 2022 |
| Milford Little LeagueUNRESTRICTED | Milford, CT | $2K | 2022 |
| Milford Senior CenterUNRESTRICTED | Milford, CT | $2K | 2022 |
| Walnut Beach AssociationUNRESTRICTED | Milford, CT | $2K | 2022 |
| Orange Volunteer Fire DepartmentUNRESTRICTED | Orange, CT | $2K | 2022 |
| Stratford LibraryUNRESTRICTED | Stratford, CT | $2K | 2022 |
| First United Church Of Christ Food PantryUNRESTRICTED | Milford, CT | $1K | 2022 |
| Stratford Police Activities LeagueUNRESTRICTED | Stratford, CT | $1K | 2022 |
| Milford Food 2 KidsUNRESTRICTED | Milford, CT | $1K | 2022 |
| Get In Touch FoundationUNRESTRICTED | Milford, CT | $1K | 2022 |
| Milford Prevention CouncilUNRESTRICTED | Milford, CT | $1K | 2022 |
| Storehouse ProjectUNRESTRICTED | Milford, CT | $1K | 2022 |
| Stratford Veterans MuseumUNRESTRICTED | Stratford, CT | $1K | 2022 |
| Junior Woman'S ClubUNRESTRICTED | Milford, CT | $1K | 2022 |
| Rape Crisis Center Of MilfordUNRESTRICTED | Milford, CT | $750 | 2022 |
| Stratford BrakettesUNRESTRICTED | Stratford, CT | $750 | 2022 |
| Down Syndrome Assoc Of CtUNRESTRICTED | New Britain, CT | $600 | 2022 |
| Walks With Buddy IncUNRESTRICTED | Milford, CT | $500 | 2022 |
| Stratford Library AssocUNRESTRICTED | Stratford, CT | $500 | 2022 |
| Keeping Milford WarmUNRESTRICTED | Milford, CT | $450 | 2022 |
| Connecticut Audobon Society - Milford Point CenterUNRESTRICTED | Milford, CT | $450 | 2022 |
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