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.
Milnel Foundation Inc at a glance
In short: Milnel Foundation Inc gave $34K across 5 grants in 2024 (avg $7K), mostly in Maryland. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $33,811
- +56.5% vs 2023
- Grants made (2024)
- 5
- +25.0% vs 2023
- Average grant
- $6,762
- +25.2% vs 2023
- Median grant
- $10,000
- Total assets
- $319,161
- -3.2% vs 2023
- Primary geography
- Maryland (69% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Milnel Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was Jhpiego ($11K). Together the top 4 received $32K.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was under $50K: 26 grants of 28 (93%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How Milnel Foundation Inc gives
- Giving fell 36% from 2021 to 2024. Method
- In 2024 it paid out 110% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $22K (2023) to $214K (2020). In 2024 it made 5 grants totaling $34K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Jhpiego Baltimore, MD | Charitable Contribution | $11,000 |
| Johns Hopkins Baltimore, MD | Charitable Contribution | $10,000 |
| Atlantic Conservation Englewood, NJ | Charitable Contribution | $10,000 |
| Various Charities Baltimore, MD | Charitable Contribution | $2,311 |
| National Ms Society Washington, DC | Charitable Contribution | $500 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $319,161 | $108,647 | $110,031 | $33,811 | 5 | $33,811 | $103,976 | $30,625 |
| 2023 | $329,675 | $78,793 | $119,893 | $21,600 | 4 | $21,600 | $74,453 | $26,046 |
| 2022 | $346,215 | $113,309 | $177,469 | $56,500 | 4 | $56,500 | $106,991 | $32,918 |
| 2021 | $402,028 | $175,019 | $110,679 | $53,028 | 7 | $92,139 | $32,865 | $43,181 |
| 2020 | $315,975 | $312,746 | $371,249 | $214,095 | 8 | — | $104,623 | $37,588 |
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.
Leadership & Key People
Officers and directors from IRS filings
Milnel Foundation Inc is led by Eden K. Hammond, President on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Eden K. Hammond
President
On filings since 2020
No compensation reported
Kim Hammond
Chairman
On filings since 2020
No compensation reported
David Robinson
Treasurer
On filings since 2020
No compensation reported
Reed Diamond
Secretary
On filings since 2020
No compensation reported
Wm A. Scovill
Vice President
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Milnel Foundation Inc
How much does Milnel Foundation Inc give each year?
Milnel Foundation Inc gave $34K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $22K across 4 grants.
What is Milnel Foundation Inc's typical grant size?
Milnel Foundation Inc's median grant in 2024 was $10,000, and its average grant was $6,762, across 5 grants on its 2024 IRS Form 990-PF.
Where does Milnel Foundation Inc give grants?
Milnel Foundation Inc gives mostly in Maryland: 69% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (30%). The most frequent recipient cities were Baltimore, MD (3 grants).
Who are Milnel Foundation Inc's largest grantees?
Milnel Foundation Inc's largest 2024 grantees include Jhpiego ($11,000), Johns Hopkins ($10,000) and Atlantic Conservation ($10,000), according to its 2024 IRS Form 990-PF. Together they received 92% of its itemized 2024 grant dollars.
How large is Milnel Foundation Inc?
Milnel Foundation Inc reported $319K in total assets on its 2024 IRS Form 990-PF. It paid out $34K in qualifying distributions that year, against a required minimum of $31K (roughly 5% of its investment assets).
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.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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