Susan and Scot Milchman Family
Susan and Scot Milchman Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 5 grants totaling $242K. Net investment income was $223K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.8M
-0.5% YoY
Annual Giving
$242K
+14.5% YoY
Grant Count
5
-28.6% YoY
Avg Grant Size
$48K
+60.3% YoY
About Susan and Scot Milchman Family
Based on IRS filings
Susan and Scot Milchman Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 5 grants totaling $242K. Net investment income was $223K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,778,277 | $4,802,469 | $5,040,543 |
| Revenue | $236,040 | $-4,807 | $109,365 |
| Expenses | $260,232 | $233,267 | $114,131 |
| Qualifying Distributions | $245,770 | $214,556 | $92,279 |
| Net Investment Income | $223,221 | $75,967 | $87,526 |
| Distributable Amount | $245,806 | $225,084 | $228,643 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SUSAN H MILCHMAN | PRESIDENT/ASST SECRETARY & TREASURER | 1 | — |
| SCOT J MILCHMAN | VICE PRESIDENT/SECRETARY/TREASURER | 1 | — |
| BRIAN O'CONNELL | CHAIR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Spicola Family Foundation
MINNETONKA, MN
Assets
—
Grants
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Total Given
$410K
The Geyer Family Foundation
EDINA, MN
Assets
—
Grants
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Total Given
$35K
Love 4 One Another Charities
CHANHASSEN, MN
Assets
$8.5M
Grants
1
Total Given
$90K
Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
8
Total Given
$80K
Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
Grants
2
Total Given
$942K
Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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