Seth M Milliken Foundation Inc

Private foundation · Grantmaker 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 2025. As of 2025, the organization holds $5.0M in total assets. In 2025, it awarded 1 grant totaling $315K. Net investment income was $473K.

Seth M Milliken Foundation Inc at a glance

In short: Seth M Milliken Foundation Inc gave $315K across 1 grant in 2025 (avg $315K), mostly in South Carolina. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$315,000
+6.8% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$315,000
+6.8% vs 2024
Median grant
$315,000
Total assets
$5,001,355
+3.4% vs 2024
Primary geography
South Carolina (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who Seth M Milliken Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Spartanburg Day School: $315KSpartanburg Day School$315K

The largest 2025 recipient was Spartanburg Day School ($315K).

Grant Size Distribution

5 grants across all recorded years

<$50K$50–100K$100–250K5$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 5 grants of 5 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

Cities

Spartanburg

How Seth M Milliken Foundation Inc gives

  • Giving grew 26% from 2022 to 2025. Method
  • In 2025 it paid out 94% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

$0$100K$200K$300K$400K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $250K (2021) to $315K (2025). In 2025 it made 1 grant totaling $315K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Spartanburg Day School Spartanburg, SCGeneral Funds$315,000
Your AI grants department

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

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$5,001,355$516,391$364,834$315,0001$317,778$472,839$338,634
2024$4,835,723$505,646$336,278$295,0001$296,827$467,383$315,510
2023$4,653,174$253,339$333,428$293,9831$296,511$217,937$296,930
2022$4,754,873$461,597$293,238$250,0001$252,133$424,503$311,475
2021$4,631,366$444,413$290,678$250,0001—$406,849$303,937

Under IRS private-foundation payout rules, Seth M Milliken Foundation Inc reported a distributable amount of $339K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Seth M Milliken Foundation Inc is led by Justine VR Russell, Trustee & President on every filing since 2021; none of the 8 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Justine VR Russell

    Trustee & President

    On filings since 2021

    0.1 hrs/week

    No compensation reported

  • Betty Montgomery

    Trustee

    On filings since 2021

    0.1 hrs/week

    No compensation reported

  • Dorothy Josey

    Trustee

    On filings since 2021

    0.1 hrs/week

    No compensation reported

  • Maxwell S Milliken

    Trustee

    On filings since 2021

    0.1 hrs/week

    No compensation reported

  • Nancy Milliken

    Trustee & Vice President

    On filings since 2021

    0.1 hrs/week

    No compensation reported

  • William Barnet

    Trustee

    On filings since 2021

    0.1 hrs/week

    No compensation reported

  • Susan Bridges

    Trustee

    New on the 2025 filing

    0.1 hrs/week

    No compensation reported

  • Thomas J Hamilton

    Secretary & Treasurer

    On filings since 2021

    0.1 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "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 Seth M Milliken Foundation Inc

How much does Seth M Milliken Foundation Inc give each year?

Seth M Milliken Foundation Inc gave $315K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $295K across 1 grant.

How large is Seth M Milliken Foundation Inc?

Seth M Milliken Foundation Inc reported $5.0M in total assets on its 2025 IRS Form 990-PF. It paid out $318K in qualifying distributions that year, against a required minimum of $339K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Seth M Milliken Foundation Inc operate?

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

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 2021–2025.

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

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS July 25, 2022)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS January 23, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS January 30, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS January 14, 2025)
  5. Updated Form 990-PF for fiscal year 2025 (received by the IRS January 29, 2026)
  6. IRS filings on file for fiscal years 2021–2025

Explore Open Grants

Browse active grant opportunities in Seth M Milliken Foundation Inc's focus areas in our free grants database

Similar Funders

Funders with grantees in common

Arkwright Foundation

Spartanburg, SC

The Arkwright Foundation supports charitable organizations working in education, health and dental services, community assistance, arts and culture, and food access, primarily in South Carolina. Its 2024 grants ranged from $50 to $273,700, with a median of $2,000; charitable organizations may contact the foundation by letter, personal visit, or phone call, and no deadline is listed.

Assets

$16.8M

Grants

101

Total Given

$970K

Betty & James K Stone Foundation

Wellford, SC

The foundation supports education and general operations, along with community services, arts, conservation, and recreation, with most funding going to South Carolina organizations. Its 2025 grants ranged from $66 to $65,100, with a median of $1,000. It funds only preselected organizations and does not accept unsolicited requests.

Assets

$5.2M

Grants

48

Total Given

$305K

Falatok Foundation

Spartanburg, SC

Charitable and philanthropic endeavors in support of and in conjunction with the Spartanburg county foundation.

Assets

$3.6M

Grants

4

Total Given

$170K

Foundation for the Carolinas

Charlotte, NC

Foundation For The Carolinas funds education and youth development, environmental and wildlife work, health and human services, and animal welfare, with a reported median grant of $25,000 in 2024. Its competitive programs focus on Charlotte-Mecklenburg, the Carolinas, and specific local communities, while donor-advised funds may support eligible nonprofits more broadly; it accepts applications for some competitive grants, but most grants are recommended by fund advisors and have no application process.

Philanthropy, Voluntarism & Grantmaking

Assets

$3.9B

Grants

1,605

Total Given

$609.1M

McBride Family Foundation

Spartanburg, SC

Mcbride Family Foundation is a private grantmaking foundation based in Spartanburg, SC, classified as a 501(c)(3) public charity with assets between $1,000,000 and $4,999,999. The foundation maintains or aids social, educational, religious or other charitable activities serving the common welfare primarily through grantmaking.

Assets

$2.7M

Grants

6

Total Given

$440K

The Allen Tate Foundation

Charlotte, NC

The Allen Tate Foundation funds charitable organizations working in areas such as homelessness prevention, community services, scouting, and local vitality, primarily in North Carolina, with occasional support in South Carolina. In 2025, it awarded six grants totaling $32,500, ranging from $500 to $10,000, with a median of $5,000. It gives only to preselected organizations and does not accept unsolicited requests.

Assets

$293K

Grants

6

Total Given

$33K

More similar funders

More Funders in South Carolina

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Seth M Milliken Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Seth M Milliken Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?