Milos Foundation Inc

Foundation · Grantmaker 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.

Key facts about Milos Foundation Inc

EIN: 47-4435239
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $15,000
Grants made (2024): 6
Average grant: $2,500
Median grant: $2,500
Total assets: $81
Primary geography: Alabama (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Milos Foundation Inc funds

By grant dollars, the top recipient states for Milos Foundation Inc's 6 itemized 2024 grants were Alabama (100%). The most frequent recipient cities were Birmingham, AL (2 grants). None of its 6 grants with a stated purpose were described as general or operating support. Recurring purposes include "Charitable Contribution" (6 grants).

How Milos Foundation Inc gives

Giving grew 362% from 2021 to 2024. Method
In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Next steps with Milos Foundation Inc

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$81

-95.0% YoY

Annual Giving

$15K

-53.1% YoY

Grant Count

+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

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alabama $15K (100%)

Share of all 6 itemized 2024 grant dollars.

States

Alabama

Cities

BirminghamMountain BrookMoodyCaleraCullmanDecaturGardendaleHomewoodJasperMontgomeryOpelikaPelhamPinsonPrattvilleTuscaloosa

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
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

Data update history

When this profile's IRS filing data changed on Grantable

February 28, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Grant Size Distribution

24 grants across all recorded years

Giving History

Grant recipients and amounts by year

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

Recipient	Purpose	Amount
SPAIN PARK HIGH SCHOOL ATHLETICS Birmingham, AL	CHARITABLE CONTRIBUTION	$3,000
PELHAM HIGH SCHOOL ATHLETIC DEPARTMENT Pelham, AL	CHARITABLE CONTRIBUTION	$2,900
CLAY CHALKVILLE ATHLETIC BOOSTER CLUB Pinson, AL	CHARITABLE CONTRIBUTION	$2,500
JOHN CARROLL ATHLETIC BOOSTER CLUB Birmingham, AL	CHARITABLE CONTRIBUTION	$2,500
HOMEWOOD HIGH SCHOOL Homewood, AL	CHARITABLE CONTRIBUTION	$2,300
GARDENDALE QUARTERBACK CLUB Gardendale, AL	CHARITABLE CONTRIBUTION	$1,800

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Kenneth Polk	President	1	—
Mark Brown	Secretary	1	—
Tom Dekle	Treasurer	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

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.