Seth M Milliken Foundation Inc

SPARTANBURG, SC EIN: 23-7213940

Seth M Milliken Foundation Inc is a private foundation, based in SPARTANBURG, SC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 1 grants totaling $295K. Net investment income was $467K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.8M

+3.9% YoY

Annual Giving

$295K

+0.3% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$295K

+0.3% YoY

Under IRS private-foundation payout rules, Seth M Milliken Foundation Inc reported a distributable amount of $316K for 2024 — the minimum it must pay out in qualifying distributions.

About Seth M Milliken Foundation Inc

Based on IRS filings

Seth M Milliken Foundation Inc is a private foundation, based in SPARTANBURG, SC. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 1 grants totaling $295K. Net investment income was $467K.

Ready to take the next step with Seth M Milliken Foundation Inc?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

Spartanburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$139K$278K$417K$556K2021202220232024
Metric202420232022
Total Assets$4,835,723$4,653,174$4,754,873
Revenue$505,646$253,339$461,597
Expenses$336,278$333,428$293,238
Qualifying Distributions$296,827$296,511$252,133
Net Investment Income$467,383$217,937$424,503
Distributable Amount$315,510$296,930$311,475

Giving Over Time

Total grant dollars and number of grants per year

$0$74K$148K$221K$295K1 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Spartanburg Day School$295K

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K$100–250K4$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Spartanburg Day School ($295,000).

RecipientPurposeAmount
Spartanburg Day School Spartanburg, SCGeneral Funds$295,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Nancy MillikenTrustee & Vice President0.1
Justine VR RussellTrustee & President0.1
Betty MontgomeryTrustee0.1
Thomas J HamiltonSecretary & Treasurer0.1
Maxwell S MillikenTrustee0.1
William BarnetTrustee0.1
Dorothy JoseyTrustee0.1

Frequently Asked Questions

How large is Seth M Milliken Foundation Inc?

As of 2024, Seth M Milliken Foundation Inc holds $4.8M in total assets with $506K in annual revenue. It awarded 1 grants totaling $295K in 2024.

Where does Seth M Milliken Foundation Inc operate?

Seth M Milliken Foundation Inc has awarded grants in South Carolina.

What size grants does Seth M Milliken Foundation Inc award?

In 2024, Seth M Milliken Foundation Inc awarded 1 grants totaling $295K — an average of about $295K per grant, based on its IRS Form 990 filings.

How much is Seth M Milliken Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Seth M Milliken Foundation Inc reported a distributable amount of $316K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Seth M Milliken Foundation Inc's EIN?

Seth M Milliken Foundation Inc's EIN (Employer Identification Number) is 23-7213940. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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