Milstein Foundation
Milstein Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $137K in total assets. In 2024, it awarded 22 grants totaling $76K. Net investment income was $8K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$137K
+8.5% YoY
Annual Giving
$76K
-23.5% YoY
Grant Count
22
+120.0% YoY
Avg Grant Size
$3K
-65.2% YoY
Under IRS private-foundation payout rules, Milstein Foundation reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.
About Milstein Foundation
Based on IRS filings
Milstein Foundation is a private foundation, based in CHICAGO, IL. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $137K in total assets. In 2024, it awarded 22 grants totaling $76K. Net investment income was $8K.
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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 | $136,860 | $126,160 | $108,733 |
| Revenue | $73,227 | $73,458 | $11,760 |
| Expenses | $76,160 | $99,387 | $52,027 |
| Qualifying Distributions | $75,745 | $99,062 | $51,402 |
| Net Investment Income | $7,775 | $8,277 | $8,760 |
| Distributable Amount | $5,556 | $6,435 | $5,788 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
55 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Other Misc Organized Charities ($35,000), Hebrew Theological College ($6,825), Chicago Chesed Fund ($3,850).
| Recipient | Purpose | Amount |
|---|---|---|
| A F O Y N A LINCOLNWOOD, IL | EDUCATIONAL | $2,500 |
| AMIT CHILDREN SKOKIE, IL | EDUCATIONAL | $3,000 |
| ARIE CROWN DAY SCHOOL SKOKIE, IL | EDUCATIONAL ACTIVITIES | $1,300 |
| ATERET YEHOSHUA CHICAGO, IL | EDUCATIONAL | $1,800 |
| CHICAGO CHESED FUND LINCOLNWOOD, IL | FUTURE CHARITABLE ACTIVITIES | $3,850 |
| CONG ADAS YISROEL CHICAGO, IL | EDUCATIONAL | $1,000 |
| CONG BEIS DAVID LINCOLNWOOD, IL | EDUCATIONAL | $2,150 |
| CONG SHEARITH ISRAEL NEW YORK, NY | EDUCATIONAL | $1,000 |
| EZRAT CHOLIM | SOCIAL WELFARE | $1,800 |
| HEBREW THEOLOGICAL COLLEGE SKOKIE, IL | FUTURE CHARITABLE ACTIVITIES | $6,825 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALBERT MILSTEIN | PRESIDENT | — | — |
| JUDITH MILSTEIN | TREASURER | — | — |
Frequently Asked Questions
How large is Milstein Foundation?
As of 2024, Milstein Foundation holds $137K in total assets with $73K in annual revenue. It awarded 22 grants totaling $76K in 2024.
Where does Milstein Foundation operate?
Milstein Foundation has awarded grants in Colorado, Illinois, Massachusetts, Minnesota, New Jersey, New York.
What size grants does Milstein Foundation award?
In 2024, Milstein Foundation awarded 22 grants totaling $76K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Milstein Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Milstein Foundation reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Milstein Foundation's EIN?
Milstein Foundation's EIN (Employer Identification Number) is 36-3478680. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Milstein Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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