Susan and Scot Milchman Family

MINNEAPOLIS, MN EIN: 85-4096057

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

-28.6% YoY

Avg Grant Size

$48K

+60.3% YoY

Under IRS private-foundation payout rules, Susan and Scot Milchman Family reported a distributable amount of $246K for 2024 — the minimum it must pay out in qualifying distributions.

About Susan and Scot Milchman Family

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Minnesota $377K (67%)

Massachusetts $187K (33%)

States

Massachusetts Minnesota

Cities

Golden ValleyHopkinsMinneapolisNorth EastonRoseville

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Among its reported 2024 grants, the largest include Playa Animal Rescue ($87,000), Breck School ($50,100), Children's Theatre Company ($40,000).

Recipient	Purpose	Amount
BRECK SCHOOL GOLDEN VALLEY, MN	PROGRAM SUPPORT FOR COLLEGE-PREPATORY DAY SCHOOL FOR STUDENTS OF DIVERSE BACKGROUNDS IN GRADES PRE-K - 12.	$50,100
CHILDREN'S THEATRE COMPANY MINNEAPOLIS, MN	PROGRAM SUPPORT TO CREATE A POWERFUL THEATRE EXPERIENCE FOR ALL AGES.	$40,000
PET PROJECT RESCUE MINNEAPOLIS, MN	PROGRAM SUPPORT THAT SPECIALIZES IN SPAY/NEUTER PROGRAMMING FROM MINNESOTA TO MEXICO, AND VET SUPPORT TO KEEP ANIMALS AND THEIR PEOPLE TOGETHER, AS WELL AS FOSTER-BASED HOSPICE CARE FOR TERMINALLY ILL MN DOGS AND CATS.	$35,000
PLAYA ANIMAL RESCUE NORTH EASTON, MA	PROGRAM SUPPORT TO PROVIDE A SOLUTION FOR DOGS WHO HAVE BEEN BORN ON THE STREET, OR ABANDONED BY THEIR OWNERS.	$87,000
SALVATION ARMY TWIN CITIES ROSEVILLE, MN	PROGRAM SUPPORT FOR THE MISSION TO PREACH THE GOSPEL OF JESUS CHRIST AND TO MEET HUMAN NEEDS IN HIS NAME WITHOUT DISCRIMINATION.	$30,000

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

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Susan and Scot Milchman Family?

Susan and Scot Milchman Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MINNEAPOLIS, MN. It holds $4.8M in total assets as of 2024.

How large is Susan and Scot Milchman Family?

As of 2024, Susan and Scot Milchman Family holds $4.8M in total assets with $236K in annual revenue. It awarded 5 grants totaling $242K in 2024.

Where does Susan and Scot Milchman Family operate?

Susan and Scot Milchman Family has awarded grants in Massachusetts, Minnesota.

What size grants does Susan and Scot Milchman Family award?

In 2024, Susan and Scot Milchman Family awarded 5 grants totaling $242K — an average of about $48K per grant, based on its IRS Form 990 filings.

How much is Susan and Scot Milchman Family required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Susan and Scot Milchman Family reported a distributable amount of $246K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Susan and Scot Milchman Family's EIN?

Susan and Scot Milchman Family's EIN (Employer Identification Number) is 85-4096057. IRS Form 990 filing data is available on this page for 2021–2024.