Team Mills Private Foundation

Foundation · Grantmaker Wilmington, DE EIN: 85-2964815

Team Mills Private Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $445K in total assets. In 2024, it made $13K in qualifying distributions. Net investment income was $11K.

Key facts about Team Mills Private Foundation

EIN
85-2964815
Latest 990 filing
Form 990-PF, 2024
Total assets
$444,835

Data from IRS Form 990-PF, 2024; updated September 2026.

How Team Mills Private Foundation gives

  • In 2024 it paid out 57% 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.

Next steps with Team Mills Private Foundation

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$445K

-1.3% YoY

Revenue

$11K

+17.7% YoY

Qualifying Distributions

$13K

-78.9% YoY

Expenses

$17K

-73.4% YoY

Under IRS private-foundation payout rules, Team Mills Private Foundation reported a distributable amount of $23K for 2024 — the minimum it must pay out in qualifying distributions.

About Team Mills Private Foundation

Based on IRS filings

Team Mills Private Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $445K in total assets. In 2024, it made $13K in qualifying distributions. Net investment income was $11K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BrooklynBronxHonoluluSan AntonioWaialua

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$140K$280K$421K$561K20202021202220232024
Metric202420232022
Total Assets$444,835$450,706$506,718
Revenue$11,467$9,741$18,296
Expenses$17,338$65,206$35,852
Qualifying Distributions$12,851$60,824$21,043
Net Investment Income$10,614$8,926—
Distributable Amount$22,639$21,517$24,043

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$3K$6K$9K$11K0 grants20200 grants20213 grants20223 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

6 grants across all recorded years

6<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Alyssa MillsDir1—
Patrick S MillsDir, Pres, Sec, Treas1—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Team Mills Private Foundation?

Team Mills Private Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Wilmington, DE. It holds $445K in total assets as of 2024.

How large is Team Mills Private Foundation?

As of 2024, Team Mills Private Foundation holds $445K in total assets with $11K in annual revenue.

Where does Team Mills Private Foundation operate?

Team Mills Private Foundation has awarded grants in Hawaii, New York, Texas.

How much is Team Mills Private Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Team Mills Private Foundation reported a distributable amount of $23K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Team Mills Private Foundation's EIN?

Team Mills Private Foundation's EIN (Employer Identification Number) is 85-2964815. IRS Form 990 filing data is available on this page for 2020–2024.

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

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