Millennium Charitable Foundation
Millennium Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $13.0M in total assets. In 2024, it awarded 9 grants totaling $499K. Net investment income was $79K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$13.0M
+17.0% YoY
Annual Giving
$499K
+49777.5% YoY
Grant Count
9
+800.0% YoY
Avg Grant Size
$55K
+5441.9% YoY
Under IRS private-foundation payout rules, Millennium Charitable Foundation reported a distributable amount of $586K for 2024 — the minimum it must pay out in qualifying distributions.
About Millennium Charitable Foundation
Based on IRS filings
Millennium Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $13.0M in total assets. In 2024, it awarded 9 grants totaling $499K. Net investment income was $79K.
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 | $13,042,318 | $11,146,033 | $10,034,985 |
| Revenue | $555,946 | $16,579 | $10,035,000 |
| Expenses | $531,272 | $52,573 | $15 |
| Qualifying Distributions | $530,194 | $52,573 | $15 |
| Net Investment Income | $79,144 | $16,564 | — |
| Distributable Amount | $586,113 | $514,897 | $43,498 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 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 City Harvest Inc ($150,000), Harlem Rbi Incorporated ($125,000), Jericho Project ($80,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOTTOMLESS CLOSET NEW YORK, NY | GENERAL OPERATING SUPPORT | $30,000 |
| CITY HARVEST INC BROOKLYN, NY | GENERAL OPERATING SUPPORT | $150,000 |
| FIFTH AVENUE PRESBYTERIAN CHURCH NEW YORK, NY | GENERAL OPERATING SUPPORT | $5,000 |
| FRIENDS OF THE UNDERLINE INC MIAMI, FL | GENERAL OPERATING SUPPORT | $2,500 |
| HARLEM RBI INCORPORATED NEW YORK, NY | GENERAL OPERATING SUPPORT | $125,000 |
| JERICHO PROJECT NEW YORK, NY | GENERAL OPERATING SUPPORT | $80,000 |
| MINDS MATTER OF NYC INC NEW YORK, NY | GENERAL OPERATING SUPPORT | $65,000 |
| NEW YORK CARES INC NEW YORK, NY | GENERAL OPERATING SUPPORT | $40,275 |
| PROJECT RENEWAL INC NEW YORK, NY | GENERAL OPERATING SUPPORT | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| AJAY NAGPAL | DIRECTOR, PRESIDENT | 1 | — |
| GIL RAVIV | DIRECTOR, SECRETARY | 1 | — |
| LINDA HUANG | TREASURER | 1 | — |
| STACY SELIG | DIRECTOR (RESIGNED 12.17.2024) | 1 | — |
| JUSTIN GMELICH | DIRECTOR (BEGAN 02.13.2024) | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Millennium Charitable Foundation?
Millennium Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $13.0M in total assets as of 2024.
How large is Millennium Charitable Foundation?
As of 2024, Millennium Charitable Foundation holds $13.0M in total assets with $556K in annual revenue. It awarded 9 grants totaling $499K in 2024.
Where does Millennium Charitable Foundation operate?
Millennium Charitable Foundation has awarded grants in Florida, New York.
What size grants does Millennium Charitable Foundation award?
In 2024, Millennium Charitable Foundation awarded 9 grants totaling $499K — an average of about $55K per grant, based on its IRS Form 990 filings.
How much is Millennium Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Millennium Charitable Foundation reported a distributable amount of $586K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Millennium Charitable Foundation's EIN?
Millennium Charitable Foundation's EIN (Employer Identification Number) is 88-2854166. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Millennium Charitable 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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