Millennium Foundation Inc is a private foundation focused on Human Services, based in BEAUMONT, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $325 in total assets. In 2024, it awarded 1 grants totaling $11K. Net investment income was $1.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$325
-97.4% YoY
Annual Giving
$11K
Grant Count
1
Avg Grant Size
$11K
Under IRS private-foundation payout rules, Millennium Foundation Inc reported a distributable amount of $100 for 2024 — the minimum it must pay out in qualifying distributions.
About Millennium Foundation Inc
Based on IRS filings
Millennium Foundation Inc is a private foundation focused on Human Services, based in BEAUMONT, TX. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $325 in total assets. In 2024, it awarded 1 grants totaling $11K. Net investment income was $1.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $325 | $12,318 | — |
| Revenue | $1 | $13,430 | — |
| Expenses | $11,994 | $1,112 | — |
| Qualifying Distributions | $11,044 | — | — |
| Net Investment Income | $1 | — | — |
| Distributable Amount | $100 | $51 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Lovelace Womens Hospital ($11,044).
| Recipient | Purpose | Amount |
|---|---|---|
| Lovelace Womens Hospital Albuquerque, NM | Breastmilk warmers and mini fridges supplied to improve efficiency and shorten delays in providing milk to the growing preemie babies in the NICU. | $11,044 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Snehal Doshi | President | 10 | — |
| Armando Castillo | Secretary | 2 | — |
| Kevin Kathrotia | Treasurer | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Millennium Foundation Inc?
Millennium Foundation Inc is a private foundation focused on Human Services, based in BEAUMONT, TX. It holds $325 in total assets as of 2024.
How large is Millennium Foundation Inc?
As of 2024, Millennium Foundation Inc holds $325 in total assets with $1 in annual revenue. It awarded 1 grants totaling $11K in 2024.
Where does Millennium Foundation Inc operate?
Millennium Foundation Inc has awarded grants in New Mexico.
What size grants does Millennium Foundation Inc award?
In 2024, Millennium Foundation Inc awarded 1 grants totaling $11K — an average of about $11K per grant, based on its IRS Form 990 filings.
How much is Millennium Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Millennium Foundation Inc reported a distributable amount of $100 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Millennium Foundation Inc's EIN?
Millennium Foundation Inc's EIN (Employer Identification Number) is 88-3812026. IRS Form 990 filing data is available on this page for 2022–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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