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Millrace Foundation is a private trust based in HOBE SOUND, FL. The foundation received its IRS ruling in 2022. It holds total assets of $4.6M. Annual income is reported at $853K. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2021 to 2023. According to available records, Millrace Foundation has made 22 grants totaling $255K, with a median grant of $5K. Individual grants have ranged from $3K to $55K, with an average award of $12K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in New Jersey, New York, Florida, which account for 77% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
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.
Millrace Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in NJ, NY, FL.
Millrace Foundation has distributed a total of $255K across 22 grants. The median grant size is $5K, with an average of $12K. Individual grants have ranged from $3K to $55K.
Millrace Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (876629677) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Millrace Foundation is headquartered in HOBE SOUND, FL. While based in FL, the foundation distributes grants to organizations across 8 states.
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
$278K
Total Assets
$4.6M
Fair Market Value
$4.7M
Net Worth
$4.6M
Grants Paid
$255K
Contributions
N/A
Net Investment Income
$99K
Distribution Amount
$216K
Total: $4.2M
Total Grants
22
Total Giving
$255K
Average Grant
$12K
Median Grant
$5K
Unique Recipients
22
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Life CampFUND FUTURE GROWTH OF ORGANIZATION | Morristown, NJ | $55K | 2023 |
| Brown Brothers Harriman Daf Xx509FUNID FUTURE GROWTH VARIOUS FOUNDAT | New York, NY | $33K | 2023 |
| St Simon By The Sea ChurchFUND FUTURE GROWTH OF ORGANIZATION | Mantoloking, NJ | $30K | 2023 |
| Foundation For Morristown Med CtrFUND FUTURE GROWTH OF ORGANIZATION | Morristown, NJ | $20K | 2023 |
| Far Hills Country Day SchoolFUND FUTURE GROWTH OF ORGANIZATION | Far Hills, NJ | $20K | 2023 |
| The Hill SchoolFUND FUTURE GROWTH OF ORGANIZATION | Pottstown, PA | $10K | 2023 |
| Kent Place SchoolFUND FUTURE GROWTH OF ORGANIZATION | Summit, NJ | $10K | 2023 |
| Lobally Community Foundation IncFUND FURURE GROWTH OF ORGANIZATION | Hobe Sound, FL | $10K | 2023 |
| Trinity Pawling SchoolFUND FUTURE GROWTH OF ORGANIZATION | Pawling, NY | $8K | 2023 |
| Mane StreamFUND FUTURE GROWTH OF ORGANIZATION | Oldwick, NJ | $5K | 2023 |
| Preschool AdvantageFUND FUTURE GROWTH OF ORGANIZATION | Morristown, NJ | $5K | 2023 |
| Bryant UniversityFUND FUTURE GROWTH OF ORGANIZATION | Smithfield, RI | $5K | 2023 |
| Midland FoundationFUND FUTURE GROWTH OF ORGANIZATION | North Branch, NJ | $5K | 2023 |
| Evans Scholars FoundationFUND FUTURE GROWTH OF ORGANIZATION | Glenview, IL | $5K | 2023 |
| Cornell UniversityFUND FUTURE GROWTH OF ORGANIZATION | Boon, IA | $5K | 2023 |
| Save Barnegat BayFUND FUTURE GROWTH OF ORGANIZATION | Tom River, NJ | $5K | 2023 |
| Bay Head Yacht Club FoundationFUND FUTURE GROWTH OF ORGANIZATION | Bay Head, NJ | $5K | 2023 |
| Mantoloking Yacht Club FoundationFUND FURUTE GROWTH OF ORGANIZATION | Mantoloking, NJ | $5K | 2023 |
| Jfundishe - Project AbleFUND FUTURE GROWTH OF ORGANIZATION | Bernardsville, NJ | $5K | 2023 |
| Nj Battered Womens ShelterFUND FUTURE GROWTH OF ORGANIZATION | Morristown, NJ | $5K | 2023 |
| Bonefish & Tarpon TrustFUND FUTURE GROWTH OF ORGANIZATION | Miami, FL | $3K | 2023 |
| Ducks Unlimited IncFUND FUTURE GROWTH OF ORGANIZATION | Washington, DC | $3K | 2023 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL