Dr Max and Ida Millman Foundation

Foundation · Grantmaker Waltham, MA EIN: 04-6397476

Dr Max and Ida Millman Foundation is a private foundation, based in Waltham, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $79K in total assets. In 2024, it awarded 1 grant totaling $2K.

Key facts about Dr Max and Ida Millman Foundation

EIN
04-6397476
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$2,000
Grants made (2024)
1
Average grant
$2,000
Median grant
$2,000
Total assets
$79,426
Primary geography
Massachusetts (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

How Dr Max and Ida Millman Foundation gives

  • Giving fell 50% from 2021 to 2024. Method
  • In 2024 it paid out 613% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$79K

-3.4% YoY

Annual Giving

$2K

-75.0% YoY

Grant Count

1

-75.0% YoY

Avg Grant Size

$2K

+0.0% YoY

Under IRS private-foundation payout rules, Dr Max and Ida Millman Foundation reported a distributable amount of $326 for 2024 — the minimum it must pay out in qualifying distributions.

About Dr Max and Ida Millman Foundation

Based on IRS filings

Dr Max and Ida Millman Foundation is a private foundation, based in Waltham, MA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $79K in total assets. In 2024, it awarded 1 grant totaling $2K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

Cities

LongmeadowWest SpringfieldWorcester

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2K$5K$7K$10K20202021202220232024
Metric202420232022
Total Assets$79,426$82,236$90,660
Revenue$18$378$676
Expenses$2,829$8,820$2,803
Qualifying Distributions$2,000——
Net Investment Income———
Distributable Amount$326——

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K$8K1 grants20202 grants20211 grants20224 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Umass Chan Medical School: $2KUmass Chan Medical School$2K

Grant Size Distribution

9 grants across all recorded years

9<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Umass Chan Medical School ($2,000).

RecipientPurposeAmount
UMASS CHAN MEDICAL SCHOOL Worcester, MAMEDICAL TUITION$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Dr Mohan RaoTrustee & Treasurer1—

Frequently Asked Questions

How large is Dr Max and Ida Millman Foundation?

As of 2024, Dr Max and Ida Millman Foundation holds $79K in total assets with $18 in annual revenue. It awarded 1 grant totaling $2K in 2024.

Where does Dr Max and Ida Millman Foundation operate?

Dr Max and Ida Millman Foundation has awarded grants in Massachusetts.

What size grants does Dr Max and Ida Millman Foundation award?

In 2024, Dr Max and Ida Millman Foundation awarded 1 grant totaling $2K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is Dr Max and Ida Millman Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Dr Max and Ida Millman Foundation reported a distributable amount of $326 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Dr Max and Ida Millman Foundation's EIN?

Dr Max and Ida Millman Foundation's EIN (Employer Identification Number) is 04-6397476. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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