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Milbank Memorial Fund

NEW YORK, NY EIN: 13-5562282 Website

The Milbank Memorial Fund is a private foundation based in New York City that works to improve population health and health equity. Founded in 1905, the organization collaborates with leaders and decision makers, connecting them with experience and sound evidence to advance health policy and practice.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$96.3M

+6.1% YoY

Annual Giving

$79K

-73.8% YoY

Grant Count

19

+5.6% YoY

Avg Grant Size

$4K

-75.2% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Fund's core mission is improving population health and health equity by connecting leaders with experience and sound evidence.

Primary program areas include:

  • Identify, Inform, and Inspire State Health Policy Leaders: Providing technical assistance to state and federal policymakers, convening meetings on health policy and population health issues, and conducting programs to promote skills development and networking among emerging and senior state leaders.

  • Provide Authoritative Evidence and Support on Critical Issues: Convening meetings of public and private decision makers and publishing reports on issues including state services for aging populations, primary care transformation, sustainable healthcare costs, and behavioral health.

  • The Milbank Quarterly and Communications: Editing and publishing The Milbank Quarterly, a peer-reviewed journal of health policy and population health.

  • Program Development and Management: Planning new projects with strategic partners, evaluating continuing work, and supporting partner organizations in collaborative efforts.

Grantmaking

The Fund operates on an **invite-only basis and does not accept unsolicited applications**.

Grant Range

$5,000

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Geographic Focus

Where this funder awards grants

The Fund focuses on state-level health policy and leadership, with emphasis on state health policy networks and state-level decision makers.

Grant Distribution by State

18states
+10 more states

Cities

AlamosaBaltimoreBarreBaton RougeBostonBrooklineBrooklynBurlingtonBurnsvilleCambridgeChapel HillChestnut HillChicagoColumbusDeer IsleFairfieldFar RockawayFargoGorhamHartford

Financial History

Multi-year comparison from IRS filings

Assets (2024): $96,276,713

Assets (2023): $90,722,486

Total Revenues (2024): $11,464,319

Total Expenses (2024): $6,291,467

Staff: Approximately 11-12 employees

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$11M$16M$21M20202021202220232024
Metric202420232022
Total Assets$96,276,713$90,722,486$84,386,413
Revenue$11,464,319$19,341,210$6,091,342
Expenses$6,291,467$6,229,935$8,448,526
Qualifying Distributions$5,547,592$5,516,078$7,494,147
Net Investment Income$10,468,820$15,782,295$5,025,412
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$573K$1M$2M$2M33 grants202016 grants202123 grants202218 grants202319 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NATIONAL ACADEMY OF SCIE…$20KINTERNATIONAL RESCUE COM…$10KBLOOMINGDALE SCHOOL OF M…$5KBLOOMINGDALE SCHOOL OF M…$5KSILOAM HEALTH$5KUNITED HOSPITAL FUND$5KYALE SCHOOL OF PUBLIC HE…$5KYALE SCHOOL OF PUBLIC HE…$5KHISTORIC SARANAC LAKE$4KSALEM MISSIONARY BAPTIST…$3K

Grant Size Distribution

109 grants across all recorded years

103<$50K1$50–100K4$100–250K$250–500K$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include National Academy of Sciences ($20,000), International Rescue Committee ($10,000), Bloomingdale School of Music ($5,000).

RecipientPurposeAmount
BLOOMINGDALE SCHOOL OF MUSIC NEW YORK, NYGENERAL SUPPORT$5,000
BLOOMINGDALE SCHOOL OF MUSIC NEW YORK, NYGENERAL SUPPORT$5,000
HISTORIC SARANAC LAKE SARANAC LAKE, NYGENERAL SUPPORT$4,000
IGNATIAN SPIRITUALITY PROJECT CHICAGO, ILGENERAL SUPPORT$2,500
INTERNATIONAL RESCUE COMMITTEE NEW YORK, NYGENERAL SUPPORT$10,000
NATIONAL ACADEMY OF SCIENCES WASHINGTON, DCIN SUPPORT OF A STANDING COMMITTEE ON PRIMARY CARE$20,000
OPEN DOOR CLINIC MIDDLEBURY, VTGENERAL SUPPORT$1,000
PRINCETON MONTESSORI SOCIETY PRINCETON, NJGENERAL SUPPORT$250
SALEM MISSIONARY BAPTIST CHURCH BROOKLYN, NYGENERAL SUPPORT$3,000
SAN MIGUEL SCHOOL PROVIDENCE, RIGENERAL SUPPORT$2,500

Leadership & Key People

Leadership team and compensation from IRS filings

Debra Lubar was named President of the Milbank Memorial Fund.

Compensation Overview

From 2024 IRS filing

CHRISTOPHER F KOLLERDIRECTOR AND PRESIDENT$430KTARA STROMESECRETARY AND COO$229K

From 2024 filing

NameTitleHoursCompensation
CHRISTOPHER F KOLLERDIRECTOR AND PRESIDENT40$430,137
TARA STROMESECRETARY AND COO40$228,784
PAUL D CLEARYDIRECTOR (THRU 12/2024)2
JOHN M COLMERSDIRECTOR AND CHAIR4
LINDA V DECHERRIEDIRECTOR2
PETER DONNELLYDIRECTOR2
SHERRY GLIEDDIRECTOR2
KELLY MAJOR GREENDIRECTOR2
ROBERT E HARVEYDIRECTOR AND TREASURER4
JONEIGH KHALDUNDIRECTOR2
MARGARET E O'KANEDIRECTOR2
LASHAWN RICHBURG - HAYESDIRECTOR AND VICE CHAIR4
ANYA RADER WALLACKDIRECTOR2
PATRICIA ARZUAGADIRECTOR2
ANTHONY SHIHDIRECTOR2

Recent News & Activity

Recent developments and announcements

The Fund has expanded its partnership with the Peterson Center on Healthcare to improve healthcare affordability. The organization continues to publish research and analysis on health policy issues, with recent publications addressing primary care investment frameworks, paid family leave policy, insurance benefit design, ultraprocessed food regulation, and state data integration for evidence-based policy.

Peterson Center on Healthcare and Milbank Memorial Fund Expand Partnership

Frequently Asked Questions

What does Milbank Memorial Fund fund?

The Fund's core mission is improving population health and health equity by connecting leaders with experience and sound evidence. Primary program areas include: • **Identify, Inform, and Inspire State Health Policy Leaders**: Providing technical assistance to state and federal policymakers, convening meetings on health policy and population health issues, and conducting programs to promote skills development and networking among emerging and senior state leaders. • **Provide Authoritative Evid…

How do I apply for a grant from Milbank Memorial Fund?

The Fund operates on an **invite-only basis and does not accept unsolicited applications**. **Grant Activity (2023):** • Total giving: approximately $298,000-$300,000 • Number of grants: 12-16 annually • Median grant size: $5,000 • Grant range: $1,000-$211,000 • Giving rate: 0.3% of assets

Where does Milbank Memorial Fund make grants?

The Fund focuses on state-level health policy and leadership, with emphasis on state health policy networks and state-level decision makers.

What size grants does Milbank Memorial Fund award?

In 2024, Milbank Memorial Fund awarded 19 grants totaling $79K — an average of about $4K per grant, based on its IRS Form 990 filings.

What is Milbank Memorial Fund's EIN?

Milbank Memorial Fund's EIN (Employer Identification Number) is 13-5562282. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Milbank Memorial Fund's focus areas in our free grants database

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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