Milkey Family Foundation Inc
The Milkey Family Foundation Inc is a private grantmaking foundation established in 2015 and based in St. Pete Beach, Florida. The foundation was created to support local charities in the St. Petersburg area and operates as a 501(c)(3) tax-exempt organization.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
-100.0% YoY
Annual Giving
$3.1M
+79.5% YoY
Grant Count
28
+21.7% YoY
Avg Grant Size
$109K
+47.4% YoY
Under IRS private-foundation payout rules, Milkey Family Foundation Inc reported a distributable amount of $73K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports a wide range of charitable causes including:
- Human Services
- Disaster Relief
- Medical Research
- Environmental Stewardship
- Arts & Culture
- Animal Services
- Wildlife and animal rescue
- Food pantries
The foundation emphasizes supporting local charitable organizations within the St. Petersburg community.
Grantmaking
The foundation accepts applications from prospective grantees.
Grant Range
s:**
Average Grant
amount varies by year
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Florida, with particular emphasis on the St. Petersburg area. Some grants have also been made to organizations in Vermont and North Carolina.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- 2023: $2.6M
- 2022: $4.6M
Annual Giving:
- 2024: $3,062,172
- 2023: $1.74M
- 2022: $1.8M
Liabilities:
- 2023: $0
Tax Status: Tax-exempt since December 2015 EIN: 47-4814419
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $2,595,482 | $4,592,761 |
| Revenue | $259,341 | $-258,472 | $-227,267 |
| Expenses | $3,083,806 | $1,738,807 | $1,853,898 |
| Qualifying Distributions | $3,073,102 | $1,717,358 | $1,800,257 |
| Net Investment Income | $248,037 | $58,102 | $95,622 |
| Distributable Amount | $73,444 | $156,951 | $239,349 |
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
132 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Schwab Charitables Fund ($885,838), Feeding Tampa Bay ($650,000), Friends of Strays ($348,334).
| Recipient | Purpose | Amount |
|---|---|---|
| ACADEMY PREP CENTER OF ST PETERSBURG'S EVENING OF DREAMS 2024 ST PETERSBURG, FL | CHARITY | $25,000 |
| ALZHEIMER'S ASSOCIATION - FLORIDA GULF COAST CHAPTER CLEARWATER, FL | CHARITY | $10,000 |
| AMERICAN RED CROSS WASHINGTON, DC | CHARITY | $50,000 |
| AMERICAN STAGE ST PETERSBURG, FL | CHARITY | $10,000 |
| BLACK MOUNTAIN COLLEGE MUSEUM AND ARTS CENTER ASHEVILLE, NC | CHARITY | $30,000 |
| CHILDREN'S DREAM FUND ST PETERSBURG, FL | CHARITY | $5,000 |
| DAYSTAR LIFE CENTER ST PETERSBURG, FL | CHARITY | $115,500 |
| DMG SCHOOL PROJECT ST PETERSBURG, FL | CHARITY | $25,000 |
| DR CARTER G WOODSON AFRICAN AMERICAN HISTORY MUSEUM ST PETERSBURG, FL | CHARITY | $250,000 |
| EPIC (EMPATH PARTNERS IN CARE) ST PETERSBURG, FL | CHARITY | $2,500 |
Leadership & Key People
Leadership team and compensation from IRS filings
Kevin R Milkey - Principal/President, based in St. Pete Beach, FL
Jackson R Milkey - Director, based in St. Petersburg, FL
Jeanne Milkey - Co-founder (mentioned as spouse of Kevin Milkey)
The foundation is managed by three principals from the St. Pete Beach area.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KEVIN ROBERT MILKEY | PRESIDENT | — | — |
| JACKSON ROBERT MILKEY | DIRECTOR | — | — |
| JEANNE HORNING MILKEY | SEC., TREAS. | — | — |
Recent News & Activity
Recent developments and announcements
The foundation has been actively engaged in supporting St. Petersburg's charitable community. In 2020, the foundation made significant contributions to pandemic relief efforts and animal welfare organizations. The foundation also hosts charity events to support local causes and accepts donations through its website via secure credit card payments through PayPal, with 100% of donations directed to local charitable organizations.
Milkey Family Foundation Inc - Nonprofit Explorer - ProPublicaSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Milkey Family Foundation Inc fund?
The foundation supports a wide range of charitable causes including: • Human Services • Disaster Relief • Medical Research • Environmental Stewardship • Arts & Culture • Animal Services • Wildlife and animal rescue • Food pantries The foundation emphasizes supporting local charitable organizations within the St. Petersburg community.
How do I apply for a grant from Milkey Family Foundation Inc?
**Grant Activity:** • Total giving in 2024: $3,062,172 across 28 grants • Total giving in 2023: $1.74M across 23 grants • Total giving in 2022: $1.8M across 26 grants **Grant Sizes:** • Median grant: $25,000 • Grant range: $3,000 to $885,838 • Average grant amount varies by year **Application Process:** The foundation accepts applications from prospective grantees. **Recent Grants:** • $100,000 to St. Petersburg's Fighting Chance Fund to support small businesses affected by the COVID-19 pandemi…
Where does Milkey Family Foundation Inc make grants?
The foundation primarily funds organizations in Florida, with particular emphasis on the St. Petersburg area. Some grants have also been made to organizations in Vermont and North Carolina.
What size grants does Milkey Family Foundation Inc award?
In 2024, Milkey Family Foundation Inc awarded 28 grants totaling $3.1M — an average of about $109K per grant, based on its IRS Form 990 filings.
How much is Milkey Family Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Milkey Family Foundation Inc reported a distributable amount of $73K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Milkey Family Foundation Inc's EIN?
Milkey Family Foundation Inc's EIN (Employer Identification Number) is 47-4814419. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Milkey Family Foundation Inc'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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