Milnel Foundation Inc
Milnel Foundation Inc is a private foundation, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $319K in total assets. In 2024, it awarded 5 grants totaling $34K. Net investment income was $104K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$319K
-3.2% YoY
Annual Giving
$34K
+56.5% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$7K
+25.2% YoY
Under IRS private-foundation payout rules, Milnel Foundation Inc reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.
About Milnel Foundation Inc
Based on IRS filings
Milnel Foundation Inc is a private foundation, based in BALTIMORE, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $319K in total assets. In 2024, it awarded 5 grants totaling $34K. Net investment income was $104K.
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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 | $319,161 | $329,675 | $346,215 |
| Revenue | $108,647 | $78,793 | $113,309 |
| Expenses | $110,031 | $119,893 | $177,469 |
| Qualifying Distributions | $33,811 | $21,600 | $56,500 |
| Net Investment Income | $103,976 | $74,453 | $106,991 |
| Distributable Amount | $30,625 | $26,046 | $32,918 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
28 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Jhpiego ($11,000), Johns Hopkins ($10,000), Atlantic Conservation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| JHPIEGO BALTIMORE, MD | CHARITABLE CONTRIBUTION | $11,000 |
| NATIONAL MS SOCIETY WASHINGTON, DC | CHARITABLE CONTRIBUTION | $500 |
| JOHNS HOPKINS BALTIMORE, MD | CHARITABLE CONTRIBUTION | $10,000 |
| ATLANTIC CONSERVATION ENGLEWOOD, NJ | CHARITABLE CONTRIBUTION | $10,000 |
| VARIOUS CHARITIES BALTIMORE, MD | CHARITABLE CONTRIBUTION | $2,311 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EDEN K HAMMOND | PRESIDENT | — | — |
| WM A SCOVILL | VICE PRESIDE | — | — |
| KIM HAMMOND | CHAIRMAN | — | — |
| DAVID ROBINSON | TREASURER | — | — |
| REED DIAMOND | SECRETARY | — | — |
Frequently Asked Questions
How large is Milnel Foundation Inc?
As of 2024, Milnel Foundation Inc holds $319K in total assets with $109K in annual revenue. It awarded 5 grants totaling $34K in 2024.
Where does Milnel Foundation Inc operate?
Milnel Foundation Inc has awarded grants in Alabama, District of Columbia, Maryland, New Jersey, New York.
What size grants does Milnel Foundation Inc award?
In 2024, Milnel Foundation Inc awarded 5 grants totaling $34K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Milnel Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Milnel Foundation Inc reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Milnel Foundation Inc's EIN?
Milnel Foundation Inc's EIN (Employer Identification Number) is 52-6040928. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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