Millrace Foundation
Millrace Foundation is a private foundation based in Hobe Sound, Florida. It supports charitable organizations through grants; its 2025 grants went to organizations in New Jersey, New York, Illinois, Pennsylvania, and Florida.
Millrace Foundation at a glance
In short: Millrace Foundation gave $252K across 26 grants in 2025 (avg $10K), mostly in New Jersey. 23% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $252,473
- +29.3% vs 2024
- Grants made (2025)
- 26
- +8.3% vs 2024
- Average grant
- $9,711
- +19.4% vs 2024
- Median grant
- $5,000
- Total assets
- $4,593,679
- -0.0% vs 2024
- New grantees (estimate)
- 23% first-time grantees (6 of 26, 2025)
- Primary geography
- New Jersey (52% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Millrace Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 8148 Se Clubhouse Drive, Hobe Sound, FL 33455
Phone: (908) 391-3634
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Millrace Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Brown Brothers Harriman DAF XX509 ($59K). Together the top 10 received $191K.
Grant Size Distribution
72 grants across all recorded years
The most common grant size was under $50K: 70 grants of 72 (97%).
Geographic Focus
Where this funder awards grants
In 2025, 52% of grant dollars went to recipients in New Jersey, 25% to New York, 10% to Illinois, 7% to Pennsylvania, and 4% to Florida.
Grant Distribution by State
Share of 2025 grant dollars across all 26 itemized grants.
Cities
Is Millrace Foundation open to new grantees?
23%
first-time grantees, 2025
In 2025, 6 of 26 grantees (23%) were first-time recipients. First grants averaged $4K; repeat grants $11K. How we count
Medians: $4K first-time, $8K repeat.
- 73% of 2025 grantees were also funded in 2024. Method
- In 2025 it paid out 104% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2023–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $195K (2024) to $255K (2023). In 2025 it made 26 grants totaling $252K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Brown Brothers Harriman DAF XX509 New York, NY | Fund Future Growth of Organizati | $58,973 |
| Far Hills Country Day School Far Hills, NJ | Fund Future Growth of Organization | $25,000 |
| Evans Scholars Foundation Glenview, IL | Fund Future Growth of Organization | $25,000 |
| The Hill School Pottstown, PA | Fund Future Growth of Organization | $17,500 |
| Foundation for Morristown Med Ctr Morristown, NJ | Fund Future Growth of Organization | $15,000 |
| Kent Place School Summit, NJ | Fund Future Growth of Organization | $10,000 |
| St Simon by the Sea Church Mantoloking, NJ | Fund Future Growth of Organization | $10,000 |
| Life Camp Morristown, NJ | Fund Future Growth of Organization | $10,000 |
| Loblolly Community Foundation Inc Hobe Sound, FL | Fund Furure Growth of Organization | $10,000 |
| Devils Youth Foundation Newark, NJ | Fund Future Growth of Organization | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $4,593,679 | $278,770 | $280,102 | $252,473 | 26 | $252,473 | $258,941 | $241,703 |
| 2024 | $4,595,011 | $183,729 | $229,254 | $195,200 | 24 | $195,200 | $146,591 | $237,493 |
| 2023 | $4,640,536 | $-20,491 | $277,799 | $255,000 | 22 | $255,000 | $99,411 | $216,393 |
| 2021 | $5,010,014 | $5,010,014 | — | — | — | — | $14 | $6,309 |
Under IRS private-foundation payout rules, Millrace Foundation reported a distributable amount of $242K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s own filing does not state a mission. Its 2025 grantees include educational organizations, youth-serving groups, and community organizations. For example, Evans Scholars Foundation says it provides scholarships and educational opportunities for caddies; Far Hills Country Day School describes its work as combining academic excellence with character development; and Loblolly Community Foundation says it supports the educational, health, and welfare needs of the Hobe Sound and Martin County community.
Other 2025 recipients describe work that includes summer camp for children from Greater Newark (Life Camp), opportunities for New Jersey youth through sports and entertainment (Devils Youth Foundation), and funding for qualified children to attend partner preschools (Preschool Advantage).
Grantmaking
In 2025, the foundation awarded 26 grants totaling $252,473. Grants ranged from $500 to $58,973, with a median grant of $5,000. The largest listed grants were $58,973 to Brown Brothers Harriman DAF XX509, $25,000 each to Far Hills Country Day School and Evans Scholars Foundation, and $17,500 to The Hill School. Other notable grants included $15,000 to Foundation for Morristown Med Ctr and $10,000 each to Kent Place School, St Simon by the Sea Church, Life Camp, Loblolly Community Foundation, and Devils Youth Foundation.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists C Correll Durling as president, Eleanor W Durling as trustee, C Chapin Durling as secretary, Phillips C Durling as vice president, and Henry A Durling as treasurer.
Millrace Foundation is led by C. Chapin Durling, President & Secretary since 2023 (on filings since 2021); none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
C. Chapin Durling
President & Secretary
Trustee → President & Secretary, 2023
On filings since 2021
No compensation reported
Eleanor W. Durling
Trustee
On filings since 2021
No compensation reported
Henry A. Durling
Treasurer
Trustee → Treasurer, 2023
On filings since 2021
No compensation reported
Phillips C. Durling
Vice President
Trustee → Vice President, 2023
On filings since 2021
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Millrace Foundation
How much does Millrace Foundation give each year?
Millrace Foundation gave $252K across 26 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $195K across 24 grants.
What is Millrace Foundation's typical grant size?
Millrace Foundation's median grant in 2025 was $5,000, and its average grant was $9,711, across 26 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Millrace Foundation that year got $4K on average.
Where does Millrace Foundation give grants?
Millrace Foundation gives mostly in New Jersey: 52% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (25%) and Illinois (10%). The most frequent recipient cities were Morristown, NJ (4 grants), Far Hills, NJ (2 grants) and Mantoloking, NJ (2 grants).
Does Millrace Foundation give general operating support?
Not in 2025: none of the 26 grants with a stated purpose on Millrace Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Fund Future Growth of Organization" (22 grants).
Who are Millrace Foundation's largest grantees?
Millrace Foundation's largest 2025 grantees include Brown Brothers Harriman DAF XX509 ($58,973), Far Hills Country Day School ($25,000) and Evans Scholars Foundation ($25,000), according to its 2025 IRS Form 990-PF. Together they received 43% of its itemized 2025 grant dollars.
How large is Millrace Foundation?
Millrace Foundation reported $4.6M in total assets on its 2025 IRS Form 990-PF. It paid out $252K in qualifying distributions that year, against a required minimum of $242K (roughly 5% of its investment assets).
What does Millrace Foundation fund?
The foundation’s own filing does not state a mission. Its 2025 grantees include educational organizations, youth-serving groups, and community organizations. See mission & focus areas ↑
How do I apply for a grant from Millrace Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Millrace Foundation's EIN?
Millrace Foundation's EIN (Employer Identification Number) is 87-6629677. IRS Form 990 filing data is available on this page for 2021–2025.
Does Millrace Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2021 (received by the IRS August 26, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS November 11, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Millrace Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Millrace Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Millrace Foundation funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/millrace-foundation-morg_1cde3d84c7754d58a058cbb9d909d53b
BibTeX
@misc{grantable_876629677_2026,
author = {{Grantable}},
title = {{Millrace Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/millrace-foundation-morg_1cde3d84c7754d58a058cbb9d909d53b},
note = {Accessed 2026-10-21. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Millrace Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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