Mile 20 Foundation Inc

RYE, NY EIN: 83-2849913

Mile 20 Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RYE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 31 grants totaling $344K. Net investment income was $338K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

-11.1% YoY

Annual Giving

$344K

+77.3% YoY

Grant Count

31

+24.0% YoY

Avg Grant Size

$11K

+43.0% YoY

Under IRS private-foundation payout rules, Mile 20 Foundation Inc reported a distributable amount of $32K for 2024 — the minimum it must pay out in qualifying distributions.

About Mile 20 Foundation Inc

Based on IRS filings

Mile 20 Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RYE, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 31 grants totaling $344K. Net investment income was $338K.

Ready to take the next step with Mile 20 Foundation Inc?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states
+6 more states

Cities

AlexandriaAndoverArlingtonBay ShoreBerkeleyBoca RatonBronxBrooklynCarmelChappaquaCharlotteChicagoCopakeFairfieldGreenwichLouiseMiamiMount VernonMt VernonNew York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$135K$269K$404K$539K20202021202220232024
Metric202420232022
Total Assets$1,210,664$1,362,440$1,352,730
Revenue$338,065$309,570$218,445
Expenses$489,841$299,860$452,943
Qualifying Distributions$460,018$272,516$314,949
Net Investment Income$337,845$307,631$80,451
Distributable Amount$31,606$44,622$123,061

Giving Over Time

Total grant dollars and number of grants per year

$0$86K$172K$258K$344K9 grants202017 grants202124 grants202225 grants202331 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UC BERKELEY FOUNDATION$125KUNIVERSITY OF CALIFORNIA…$100KMEALS ON MAIN ST$40KMEMORIAL SLOAN KETTERING…$24KSINAI FREE SYNAGOGUE$20KCHARITIES AID FOUNDATION…$10KPART OF THE SOLUTION$5KPOLICE BENEVOLENT ASSOCI…$5KSOUL RYEDERS INC$5KARCHBISHOP STEPINAC HIGH…$2K

Grant Size Distribution

106 grants across all recorded years

98<$50K1$50–100K7$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Uc Berkeley Foundation ($125,000), University of California Berkeley Foundation ($100,000), Meals on Main St ($40,000).

RecipientPurposeAmount
AFRICAN PARKS FOUNDATION OF AMERICA WASHINGTON, DCGENERAL SUPPORT$1,000
ALZHEIMER'S DISEASE & RELATED DISORDERS ASSOCIATION INC CHICAGO, ILGENERAL SUPPORT$100
ARCHBISHOP STEPINAC HIGH SCHOOL WHITE PLAINS, NYGENERAL SUPPORT$2,000
CALENDAR FUNDRAISING SANTA ANA, CAGENERAL SUPPORT$348
CARITAS OF PORT CHESTER INC NEW YORK, NYGENERAL SUPPORT$518
CHALLENGED ATHLETES INC SAN DIEGO, CAGENERAL SUPPORT$500
CHARITIES AID FOUNDATION AMERICA ALEXANDRIA, VAGENERAL SUPPORT$10,000
CROHN'S & COLITIS FOUNDATION INC NEW YORK, NYGENERAL SUPPORT$250
DANNY BUTLER MEMORIAL FUND RYE, NYGENERAL SUPPORT$500
FRIENDS OF KAREN NORTH SALEM, NYGENERAL SUPPORT$264

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
ADAM GIBBSPRESIDENT0.5
NICOLE GIBBSTREASURER0.5

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Mile 20 Foundation Inc?

Mile 20 Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RYE, NY. It holds $1.2M in total assets as of 2024.

How large is Mile 20 Foundation Inc?

As of 2024, Mile 20 Foundation Inc holds $1.2M in total assets with $338K in annual revenue. It awarded 31 grants totaling $344K in 2024.

Where does Mile 20 Foundation Inc operate?

Mile 20 Foundation Inc has awarded grants in California, Connecticut, District of Columbia, Florida, Georgia, Illinois, Indiana, Massachusetts, Mississippi, North Carolina, New Hampshire, New Jersey, New York, Virginia.

What size grants does Mile 20 Foundation Inc award?

In 2024, Mile 20 Foundation Inc awarded 31 grants totaling $344K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Mile 20 Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mile 20 Foundation Inc reported a distributable amount of $32K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mile 20 Foundation Inc's EIN?

Mile 20 Foundation Inc's EIN (Employer Identification Number) is 83-2849913. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Mile 20 Foundation Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

What could you do with Mile 20 Foundation Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Mile 20 Foundation Inc to a real strategy.

Plan your approach