Mark and Jessie Milano Foundation
Mark and Jessie Milano Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 18 grants totaling $810K. Net investment income was $410K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.2M
-9.3% YoY
Annual Giving
$810K
+374.4% YoY
Grant Count
18
+80.0% YoY
Avg Grant Size
$45K
+163.6% YoY
Under IRS private-foundation payout rules, Mark and Jessie Milano Foundation reported a distributable amount of $283K for 2024 — the minimum it must pay out in qualifying distributions.
About Mark and Jessie Milano Foundation
Based on IRS filings
Mark and Jessie Milano Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 18 grants totaling $810K. Net investment income was $410K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,201,224 | $4,633,570 | $4,635,269 |
| Revenue | $454,140 | $245,561 | $292,447 |
| Expenses | $886,486 | $247,260 | $560,984 |
| Qualifying Distributions | $840,001 | $199,226 | $506,093 |
| Net Investment Income | $410,255 | $200,527 | $244,856 |
| Distributable Amount | $282,869 | $267,139 | $283,627 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
63 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Adventist Health Medical Center Tehachapi ($400,000), California Polytechnic State University Foundation ($75,000), California Polytechnic State University Foundation ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ADVENTIST HEALTH MEDICAL CENTER TEHACHAPI TEHACHAPI, CA | Adventist Health Tehachapi Valley Outpatient Clinic Endowment fund | $400,000 |
| BAKERSFIELD COLLEGE FOUNDATION BAKERSFIELD, CA | Charitable Event | $10,000 |
| CALIFORNIA POLYTECHNIC STATE UNIVERSITY FOUNDATION SAN LUIS OBISPO, CA | California State University San Luis Obispo Milano Family Rodeo Scholarship fund | $75,000 |
| CALIFORNIA POLYTECHNIC STATE UNIVERSITY FOUNDATION SAN LUIS OBISPO, CA | Cal Poly Rodeo Scholarship Fund | $50,000 |
| CALIFORNIA POLYTECHNIC STATE UNIVERSITY FOUNDATION SAN LUIS OBISPO, CA | California State University San Luis Obispo Milano Family Rodeo Scholarship Fund | $75,000 |
| CALIFORNIA STATE UNIVERSITY LOS ANGELES, CA | James Garrett Memorial Scholarship Fund and internship program | $27,500 |
| CALIFORNIA STATE UNIVERSITY LOS ANGELES, CA | James Garrett Memorial Scholarship Fund and internship program | $27,500 |
| RIATA RANCH INTERNATIONAL THREE RIVERS, CA | General & Unrestricted | $3,000 |
| SUPPORT STALLION SPRINGS FOUNDATION TEHACHAPI, CA | Stallion Springs Police Equipment Fund for New Body Worn Cameras (BWC) for Stallion Springs Police Department Officers | $24,000 |
| TEHACHAPI ARTS FOUNDATION TEHACHAPI, CA | Restoration, Repair and Maintenance of the Historic Murals of Tehachapi - People of the Nuwa Mural | $16,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jessie Milano | Dir, VP | 1 | — |
| Mark R Milano | Pres, Dir, Sec | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mark and Jessie Milano Foundation?
Mark and Jessie Milano Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $4.2M in total assets as of 2024.
How large is Mark and Jessie Milano Foundation?
As of 2024, Mark and Jessie Milano Foundation holds $4.2M in total assets with $454K in annual revenue. It awarded 18 grants totaling $810K in 2024.
Where does Mark and Jessie Milano Foundation operate?
Mark and Jessie Milano Foundation has awarded grants in California, Colorado, New York, Texas, Vermont.
What size grants does Mark and Jessie Milano Foundation award?
In 2024, Mark and Jessie Milano Foundation awarded 18 grants totaling $810K — an average of about $45K per grant, based on its IRS Form 990 filings.
How much is Mark and Jessie Milano Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mark and Jessie Milano Foundation reported a distributable amount of $283K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mark and Jessie Milano Foundation's EIN?
Mark and Jessie Milano Foundation's EIN (Employer Identification Number) is 20-8004580. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Mark and Jessie Milano Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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