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.
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
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
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Geographic Focus
Where this funder awards grants
The foundation primarily funds initiatives in West Virginia, with some activity in Nebraska.
Grant Distribution by State
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 |
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
209 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Lori M. Maynard - Executive Director
Compensation Overview
From 2024 IRS filing
From 2024 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
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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