Milanka & Charlie Foundation
Milanka & Charlie Foundation is a private foundation, based in Franklin, TN. IRS filing data is available from 2024 through 2025. As of 2025, the organization holds $1.3M in total assets. In 2025, it awarded 9 grants totaling $299K. Net investment income was $43K.
Key facts about Milanka & Charlie Foundation
In short: Milanka & Charlie Foundation gave $299K across 9 grants in 2025 (avg $33K), top state Ohio. Source: 2025 IRS Form 990-PF.
- EIN
- 99-4005001
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $299,050
- Grants made (2025)
- 9
- Average grant
- $33,228
- Median grant
- $20,000
- Total assets
- $1,309,003
- Primary geography
- Ohio (37% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.3M
-17.7% YoY
Annual Giving
$299K
+121.5% YoY
Grant Count
9
+0.0% YoY
Avg Grant Size
$33K
+121.5% YoY
Under IRS private-foundation payout rules, Milanka & Charlie Foundation reported a distributable amount of $69K for 2025 — the minimum it must pay out in qualifying distributions.
How Milanka & Charlie Foundation gives
- In 2025 it paid out 861% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $135K (2024) to $299K (2025). In 2025 it made 9 grants totaling $299K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was St Paul Center ($100K). Together the top 9 received $299K.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was under $50K: 14 grants of 18 (78%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| St Paul Center Steubenville, OH | Donation | $100,000 |
| The Autism Trust Erlanger, KY | Donation | $87,000 |
| Aquinas College Nashville, TN | Donation | $50,000 |
| Frassati USA Nashville, TN | Donation | $27,000 |
| Diocese Of Nashville Nashville, TN | Donation | $20,000 |
| Franciscan University at Steubenville Steubenville, OH | Donation | $10,000 |
| International Dominican Foundation Metairie, LA | Donation | $3,000 |
| Trinity Regional School East Northport, NY | Donation | $1,050 |
| Upward Twist Nashville, TN | Donation | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 |
|---|---|---|
| Total Assets | $1,309,003 | $1,589,901 |
| Revenue | $42,926 | $1,752,552 |
| Expenses | $319,729 | $162,651 |
| Qualifying Distributions | $598,100 | $135,000 |
| Net Investment Income | $42,926 | $2,552 |
| Distributable Amount | $69,467 | $86,153 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- IRS filings on file for fiscal year 2024
Leadership & Key People
Officers and directors from IRS filings
Milanka & Charlie Foundation is led by Milanka Lachman, President on every filing since 2024; 2 of 4 officers listed in 2025 are compensated.
Officers on the 2025 filing
Milanka Lachman
President
On filings since 2024
2 hrs/week
No compensation reported
Alexander Srbulj
Director
On filings since 2024
1.5 hrs/week
$10K (2024) → $10K (2025)
Sandra Lippold
Director
On filings since 2024
2 hrs/week
$10K (2024) → $10K (2025)
Charles Lachman
Secretary
On filings since 2024
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2024–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $10K, to Sandra Lippold (Director). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Milanka & Charlie Foundation
How much does Milanka & Charlie Foundation give each year?
Milanka & Charlie Foundation gave $299K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $135K across 9 grants.
What is Milanka & Charlie Foundation's typical grant size?
Milanka & Charlie Foundation's median grant in 2025 was $20,000, and its average grant was $33,228, across 9 grants on its 2025 IRS Form 990-PF.
Where does Milanka & Charlie Foundation give grants?
Milanka & Charlie Foundation's top state is Ohio, with 37% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Tennessee (33%) and Kentucky (29%). The most frequent recipient cities were Nashville, TN (4 grants) and Steubenville, OH (2 grants).
Does Milanka & Charlie Foundation give general operating support?
Not in 2025: none of the 9 grants with a stated purpose on Milanka & Charlie Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Donation" (9 grants).
Who are Milanka & Charlie Foundation's largest grantees?
Milanka & Charlie Foundation's largest 2025 grantees include St Paul Center ($100,000), The Autism Trust ($87,000) and Aquinas College ($50,000), according to its 2025 IRS Form 990-PF. Together they received 79% of its itemized 2025 grant dollars.
How large is Milanka & Charlie Foundation?
Milanka & Charlie Foundation reported $1.3M in total assets on its 2025 IRS Form 990-PF. It paid out $598K in qualifying distributions that year, against a required minimum of $69K (roughly 5% of its investment assets).
What is Milanka & Charlie Foundation's EIN?
Milanka & Charlie Foundation's EIN (Employer Identification Number) is 99-4005001. IRS Form 990 filing data is available on this page for 2024–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
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