Milano Foundation Inc
Milano Foundation Inc is a private foundation based in Los Angeles, California, with tax-exempt status since July 1969. The organization operates as a 501(c)(3) entity and focuses on grantmaking across education, philanthropy, voluntarism, and human services.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$303K
-14.6% YoY
Annual Giving
$85K
-29.5% YoY
Grant Count
20
-13.0% YoY
Avg Grant Size
$4K
-18.9% YoY
Mission & Focus Areas
The foundation's primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation made 22 grants in its most recent fiscal year (2024). Total giving in 2024 was $84,825.
Grant Range
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- California
- Montana
- District of Columbia
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending December 2024:
- Total Assets: $302,556
- Total Revenues: $44,934
- Total Expenses: $93,974
- Net Income: -$49,040
- Total Liabilities: $0
Revenue Composition (2024):
- Investment income and dividends: $12,364
- Net gain from sale of non-inventory assets: $32,323
- Miscellaneous revenues: $247
Staffing: The foundation operates with 0 employees.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $302,556 | $354,241 | $422,039 |
| Revenue | $44,934 | $59,776 | $41,580 |
| Expenses | $93,974 | $127,574 | $127,406 |
| Qualifying Distributions | $85,778 | $121,202 | $119,376 |
| Net Investment Income | $36,491 | $53,404 | $33,550 |
| Distributable Amount | $23,032 | $24,903 | $31,249 |
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
104 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SCOTT MILANO | PRESIDENT / TREASURER | 2 | — |
| VALERIE MILANO | SECRETARY | 1 | — |
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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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