Milos Foundation Inc

BIRMINGHAM, AL EIN: 47-4435239

Milos Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $81 in total assets. In 2024, it awarded 6 grants totaling $15K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$81

-95.0% YoY

Annual Giving

$15K

-53.1% YoY

Grant Count

6

+50.0% YoY

Avg Grant Size

$3K

-68.8% YoY

Under IRS private-foundation payout rules, Milos Foundation Inc reported a distributable amount of $54 for 2024 — the minimum it must pay out in qualifying distributions.

About Milos Foundation Inc

Based on IRS filings

Milos Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $81 in total assets. In 2024, it awarded 6 grants totaling $15K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BirminghamCaleraCullmanDecaturGardendaleHomewoodJasperMontgomeryMoodyMountain BrookOpelikaPelhamPinsonPrattvilleTuscaloosa

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9K$19K$28K$38K20202021202220232024
Metric202420232022
Total Assets$81$1,612$5,945
Revenue$15,028$30,096$13
Expenses$16,559$34,429$1,661
Qualifying Distributions$16,054$34,316$1,525
Net Investment Income
Distributable Amount$54$306$335

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$16K$24K$32K12 grants20201 grants20211 grants20224 grants20236 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

SPAIN PARK HIGH SCHOOL A…$3KPELHAM HIGH SCHOOL ATHLE…$3KCLAY CHALKVILLE ATHLETIC…$3KJOHN CARROLL ATHLETIC BO…$3KHOMEWOOD HIGH SCHOOL$2KGARDENDALE QUARTERBACK C…$2K

Grant Size Distribution

24 grants across all recorded years

24<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Spain Park High School Athletics ($3,000), Pelham High School Athletic Department ($2,900), Clay Chalkville Athletic Booster Club ($2,500).

RecipientPurposeAmount
GARDENDALE QUARTERBACK CLUB GARDENDALE, ALCHARITABLE CONTRIBUTION$1,800
HOMEWOOD HIGH SCHOOL HOMEWOOD, ALCHARITABLE CONTRIBUTION$2,300
CLAY CHALKVILLE ATHLETIC BOOSTER CLUB PINSON, ALCHARITABLE CONTRIBUTION$2,500
SPAIN PARK HIGH SCHOOL ATHLETICS BIRMINGHAM, ALCHARITABLE CONTRIBUTION$3,000
JOHN CARROLL ATHLETIC BOOSTER CLUB BIRMINGHAM, ALCHARITABLE CONTRIBUTION$2,500
PELHAM HIGH SCHOOL ATHLETIC DEPARTMENT PELHAM, ALCHARITABLE CONTRIBUTION$2,900

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
KENNETH POLKPRESIDENT1
MARK BROWNSECRETARY1
TOM DEKLETREASURER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Milos Foundation Inc?

Milos Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in BIRMINGHAM, AL. It holds $81 in total assets as of 2024.

How large is Milos Foundation Inc?

As of 2024, Milos Foundation Inc holds $81 in total assets with $15K in annual revenue. It awarded 6 grants totaling $15K in 2024.

Where does Milos Foundation Inc operate?

Milos Foundation Inc has awarded grants in Alabama.

What size grants does Milos Foundation Inc award?

In 2024, Milos Foundation Inc awarded 6 grants totaling $15K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Milos Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Milos Foundation Inc reported a distributable amount of $54 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Milos Foundation Inc's EIN?

Milos Foundation Inc's EIN (Employer Identification Number) is 47-4435239. 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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