Millennial Empowerment Foundation
Millennial Empowerment Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BACLIFF, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $310K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $13K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$310K
+1.6% YoY
Annual Giving
$2K
-17.5% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$1K
-17.5% YoY
Under IRS private-foundation payout rules, Millennial Empowerment Foundation reported a distributable amount of $15K for 2024 — the minimum it must pay out in qualifying distributions.
About Millennial Empowerment Foundation
Based on IRS filings
Millennial Empowerment Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BACLIFF, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $310K in total assets. In 2024, it awarded 2 grants totaling $2K. Net investment income was $13K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $309,596 | $304,588 | $64,723 |
| Revenue | $15,457 | $246,060 | $10,248 |
| Expenses | $12,949 | $8,254 | $8,917 |
| Qualifying Distributions | $10,519 | $7,336 | $7,127 |
| Net Investment Income | $12,859 | $1,176 | $2,537 |
| Distributable Amount | $15,385 | $4,090 | $3,367 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Mary of the Expectation Church ($1,000), Hope for Tomorrow Charity ($1,000).
| Recipient | Purpose | Amount |
|---|---|---|
| St Mary of the Expectation Church League City, TX | General fund | $1,000 |
| Hope for Tomorrow Charity Leesburg, VA | General fund | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Dominick Nguyen | Pres CFO Dir | 3 | — |
| Elizabeth Nguyen | Secy Dir | 3 | — |
| Vincent Nguyen | VP | 1 | — |
| Angela Nguyen | VP | 3 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Millennial Empowerment Foundation?
Millennial Empowerment Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BACLIFF, TX. It holds $310K in total assets as of 2024.
How large is Millennial Empowerment Foundation?
As of 2024, Millennial Empowerment Foundation holds $310K in total assets with $15K in annual revenue. It awarded 2 grants totaling $2K in 2024.
Where does Millennial Empowerment Foundation operate?
Millennial Empowerment Foundation has awarded grants in California, New Mexico, Texas, Virginia.
What size grants does Millennial Empowerment Foundation award?
In 2024, Millennial Empowerment Foundation awarded 2 grants totaling $2K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is Millennial Empowerment Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Millennial Empowerment Foundation reported a distributable amount of $15K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Millennial Empowerment Foundation's EIN?
Millennial Empowerment Foundation's EIN (Employer Identification Number) is 77-6197868. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Millennial Empowerment Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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