Millrace Foundation Charitable Trust
Millrace Foundation Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RADNOR, PA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 9 grants totaling $100K. Net investment income was $83K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-1.9% YoY
Annual Giving
$100K
+0.0% YoY
Grant Count
9
-10.0% YoY
Avg Grant Size
$11K
+11.1% YoY
About Millrace Foundation Charitable Trust
Based on IRS filings
Millrace Foundation Charitable Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RADNOR, PA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 9 grants totaling $100K. Net investment income was $83K.
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 | $1,249,009 | $1,272,913 | $1,331,513 |
| Revenue | $98,159 | $64,907 | $50,921 |
| Expenses | $122,063 | $123,507 | $119,400 |
| Qualifying Distributions | $107,082 | $107,123 | $105,426 |
| Net Investment Income | $83,178 | $48,523 | $36,947 |
| Distributable Amount | $99,936 | $93,518 | $96,017 |
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
42 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEAN E H PRESTON | CO-TRUSTEE | 0.01 | — |
| SHELLEY S PRESTON | CO-TRUSTEE | 0.01 | — |
| JOHN P KELLY | CO-TRUSTEE | 0.01 | — |
| KATHERINE E PRESTON | CO-TRUSTEE | 0.01 | — |
| COURTNEY P CROSBY | CO-TRUSTEE | 0.01 | — |
| JOHN C CROSBY JR | CO-TRUSTEE | 0.01 | — |
| ALICIA P MILLER | CO-TRUSTEE | 0.01 | — |
| MICHAEL C MILLER | CO-TRUSTEE | 0.01 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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