Milan Puskar Foundation Inc
The Milan Puskar Foundation Inc is a private independent foundation based in Morgantown, West Virginia. Established in 1996, the foundation operates as a 501(c)(3) organization with tax-exempt status. The foundation was created to honor the legacy of Milan "Mike" Puskar (1934-2011), who was known for his philanthropic commitment to improving lives and communities.
Key facts about Milan Puskar Foundation Inc
- EIN
- 55-0749674
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $2,142,633
- Grants made (2024)
- 65
- Average grant
- $32,964
- Median grant
- $25,000
- New grantees (estimate)
- 52% first-time grantees (34 of 65, 2024)
- Total assets
- $47,865,740
- Primary geography
- West Virginia (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Milan Puskar Foundation Inc funds
By grant dollars, the top recipient states for Milan Puskar Foundation Inc's 65 itemized 2024 grants were West Virginia (100%). The most frequent recipient cities were Morgantown, WV (20 grants), Charleston, WV (8 grants), Wheeling, WV (3 grants) and Hurricane, WV (2 grants). None of its 65 grants with a stated purpose were described as general or operating support. Recurring purposes include "Social Welfare Related" (41 grants), "Medical Related" (11 grants) and "Education Related" (11 grants).
Is Milan Puskar Foundation Inc open to new grantees?
52%
first-time grantees, 2024
In 2024, 34 of 65 grantees (52%) were first-time recipients. First grants averaged $27K; repeat grants $40K. How we count
Medians: $25K first-time, $25K repeat.
- 38% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+19%). Method
- In 2024 it paid out 87% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Milan Puskar Foundation Inc
- How to evaluate Milan Puskar Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Milan Puskar Foundation Inc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$47.9M
+5.0% YoY
Annual Giving
$2.1M
-2.1% YoY
Grant Count
65
+20.4% YoY
Avg Grant Size
$33K
-18.7% YoY
Under IRS private-foundation payout rules, Milan Puskar Foundation Inc reported a distributable amount of $2.6M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
Mission: To improve the quality of life in the State of West Virginia.
The foundation's grantmaking priorities include:
- Education and STEM education initiatives
- Medical care and medical research
- Health care for the homeless
- Social welfare programs
- Recreation and athletics
- Academic support
Grantmaking
Ready to take the next step with Milan Puskar Foundation Inc?
Geographic Focus
Where this funder awards grants
The foundation primarily funds initiatives in West Virginia, with some activity in Nebraska.
Grant Distribution by State
Share of all 65 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $47,865,740
- Total Revenue: $4,859,769
- Total Expenses: $2,570,715
- Net Income: $2,289,054
As of 2023:
- Total Assets: $45,571,128
- Total Revenue: $4,630,495
- Total Expenses: $2,548,770
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $47,865,740 | $45,571,128 | $43,492,452 |
| Revenue | $4,859,769 | $4,630,495 | $1,492,957 |
| Expenses | $2,570,715 | $2,548,770 | $2,739,301 |
| Qualifying Distributions | $2,278,197 | $2,309,396 | $2,506,623 |
| Net Investment Income | $3,823,124 | $2,634,044 | $884,451 |
| Distributable Amount | $2,621,322 | $2,287,942 | $2,311,663 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
228 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include West Virginia University Foundation Inc ($250,000), The Foundation of Monongalia General Hospital ($150,000), Milan Puskar Health Right Inc ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WEST VIRGINIA UNIVERSITY FOUNDATION INC Morgantown, WV | MEDICAL RELATED | $250,000 |
| THE FOUNDATION OF MONONGALIA GENERAL HOSPITAL Morgantown, WV | MEDICAL RELATED | $150,000 |
| MILAN PUSKAR HEALTH RIGHT INC Morgantown, WV | MEDICAL RELATED | $100,000 |
| UNIVERSITY OF CHARLESTON Charleston, WV | MEDICAL RELATED | $70,000 |
| PROJECT HEALTHY KIDS INC Bridgeport, WV | SOCIAL WELFARE RELATED | $57,000 |
| MISSION WEST VIRGINIA Hurricane, WV | EDUCATION RELATED | $50,000 |
| THE UNITED WAY OF MONONGALIA AND PRESTON COUNTIES Morgantown, WV | SOCIAL WELFARE RELATED | $50,000 |
| CATHOLIC CHARITIES WEST VIRGINIA INC Wheeling, WV | SOCIAL WELFARE RELATED | $50,000 |
| MCDOWELL COUNTY COMMISSION ON AGING INC Welch, WV | SOCIAL WELFARE RELATED | $50,000 |
| MONONGLIA COUNTY SCHOOLS Morgantown, WV | SOCIAL WELFARE RELATED | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Lori M. Maynard - Executive Director
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Kyle M Pratt | Director | 0.75 | $15,000 |
| F Thomas Rubenstein | Director | 0.75 | $15,000 |
| David M Thomas | Director | 0.75 | $15,000 |
Contact Information
Milan Puskar Foundation 7 Suburban Court Morgantown, WV 26505-2717
Phone: (304) 241-5860 Fax: (304) 241-5859 Email: info@puskarfoundation.org Website: puskarfoundation.org
To arrange meetings, site visits, or ask organizational and application questions, contact Executive Director Lori M. Maynard.
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Milan Puskar Foundation Inc fund?
**Mission:** To improve the quality of life in the State of West Virginia. The foundation's grantmaking priorities include: • Education and STEM education initiatives • Medical care and medical research • Health care for the homeless • Social welfare programs • Recreation and athletics • Academic support
How do I apply for a grant from Milan Puskar Foundation Inc?
**Grant Amounts:** Typical awards range from $1,000 to $300,000. **Recent Grant Activity:** The foundation made 54 grants in 2023, with a total giving amount of $2,142,633. Notable recent grantees have included: • West Virginia University Foundation ($200,000 for medical-related initiatives) • The Foundation of Monongalia General Hospital ($150,000 for medical-related support) • PACE Enterprises of West Virginia ($100,000 for social welfare initiatives) • Fairmont State University School of Nur…
Where does Milan Puskar Foundation Inc make grants?
The foundation primarily funds initiatives in West Virginia, with some activity in Nebraska.
What size grants does Milan Puskar Foundation Inc award?
In 2024, Milan Puskar Foundation Inc awarded 65 grants totaling $2.1M — an average of about $33K per grant, based on its IRS Form 990 filings.
How much is Milan Puskar Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Milan Puskar Foundation Inc reported a distributable amount of $2.6M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Milan Puskar Foundation Inc's EIN?
Milan Puskar Foundation Inc's EIN (Employer Identification Number) is 55-0749674. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Milan Puskar Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Dominion Energy Charitable Foundation
Richmond, VA
Assets
—
Grants
773
Total Given
$16.4M
Pallottine Foundation of Huntington
Huntington, WV
Assets
$74.8M
Grants
130
Total Given
$2.5M
The Greater Kanawha Valley Foundation
Charleston, WV
Assets
$348.4M
Grants
239
Total Given
$13.8M
Bernard McDonough Foundation Inc
Parkerburg, WV
Assets
$34.0M
Grants
132
Total Given
$1.7M
Claude Worthington Benedum Foundation
Pittsburgh, PA
Assets
$447.8M
Grants
198
Total Given
$14.0M
Encova Foundation of West Virginia
Charleston, WV
Assets
$51.7M
Grants
89
Total Given
$2.3M
George D Hott Foundation
Columbus, OH
Assets
—
Grants
17
Total Given
$185K
John M Brown Family Foundation
Columbus, OH
Assets
—
Grants
15
Total Given
$182K
Hazel Ruby McQuain Charitable Trust
Morgantown, WV
Assets
$104.0M
Grants
31
Total Given
$12.0M
Truist Foundation Inc
Orlando, FL
Assets
$547.9M
Grants
447
Total Given
$67.0M
The Wm M & a Cafaro Family Foundation
Niles, OH
Assets
—
Grants
432
Total Given
$1.4M
Enterprise Holdings Foundation
Saint Louis, MO
Assets
—
Grants
9,499
Total Given
$73.1M
More Funders in West Virginia
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.