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The Jose Milton Foundation

CORAL GABLES, FL EIN: 26-2471929 Website

The Jose Milton Foundation is a private family foundation established in 2008 and based in Coral Gables, Florida. The foundation was created to continue the legacy of its founder, José Milton, a Cuban immigrant of Lebanese heritage who became a successful entrepreneur, architect, builder, and developer in South Florida. The foundation operates as a 501(c)(3) organization and focuses on philanthropic giving in South Florida.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.4M

+25.6% YoY

Annual Giving

$1.3M

-47.2% YoY

Grant Count

17

+6.3% YoY

Avg Grant Size

$76K

-50.3% YoY

Under IRS private-foundation payout rules, The Jose Milton Foundation reported a distributable amount of $378K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation strives to continue José Milton's legacy of entrepreneurial spirit, generosity, determination, fiscal responsibility, and love for South Florida. The foundation invests in programs and organizations that improve quality of life and close the opportunity gap, with particular focus on:

  • Education
  • Research
  • Healthcare

The foundation takes a proactive grantmaking approach and tends to support established organizations rather than small, grassroots efforts. It shows a preference for funding the same grantees year to year, though it does provide opportunities for new grantees.

Grantmaking

The foundation does not accept unsolicited applications. It operates on an invite-only basis and prefers a proactive grantmaking approach rather than offering an accessible grant application process. Networking with family members who serve on boards of other local foundations in Miami, as well as connecting with previous Milton grantees, are recommended approaches for organizations seeking consideration.

How to Apply

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is concentrated in South Florida, with primary focus on the Miami area and surrounding region. However, grants have also been made to organizations in Texas and Illinois.

Grant Distribution by State

4states

Cities

ArlingtonChicagoCoconut GroveCoral GablesCutler BayDallasDoralFt LauderdaleMiamiMiami BeachVirginia Gardens

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total Assets: $6,378,954
  • Total Revenues: $2,647,044
  • Total Expenses: $1,340,585
  • Total Giving: $1,298,430
  • Giving Rate: 48.4% of assets

Historical Data (2022):

  • Total Assets: $7.19 million
  • Total Revenues: $725,000
  • Total Expenses: $1.16 million
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$728K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$6,378,954$5,078,458$7,187,205
Revenue$2,647,044$398,677$724,574
Expenses$1,340,585$2,507,475$1,163,874
Qualifying Distributions$1,298,430$2,459,554$1,100,900
Net Investment Income$190,999$125,041$250,231
Distributable Amount$377,789$371,103$448,611

Giving Over Time

Total grant dollars and number of grants per year

$0$615K$1M$2M$2M14 grants202015 grants202115 grants202216 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

JACKSON HEALTH FOUNDATION$509KBELEN JESUIT PREPARATORY…$225KBAPTIST HEALTH SOUTH FL …$200KUNIVERSITY OF MIAMI$131KMOUNT SINAI MEDICAL CENT…$48KTHE FOUNDTN FOR NEW EDUC…$45KUNITED WAY OF MIAMI-DADE…$34KAMERICAN HEART ASSOCIATION$30KCORAL GABLES COMMUNITY F…$20K5000 ROLE MODELS$15K

Grant Size Distribution

77 grants across all recorded years

59<$50K3$50–100K7$100–250K4$250–500K3$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jackson Health Foundation ($508,500), Belen Jesuit Preparatory School ($225,000), Baptist Health South Fl Foundation ($200,000).

RecipientPurposeAmount
5000 ROLE MODELS MIAMI, FLUNRESTRICTED$15,000
AFP MIAMI MIAMI BEACH, FLUNRESTRICTED$5,000
AMERICAN HEART ASSOCIATION DALLAS, TXUNRESTRICTED$30,000
BAPTIST HEALTH SOUTH FL FOUNDATION CORAL GABLES, FLUNRESTRICTED$200,000
BELEN JESUIT PREPARATORY SCHOOL MIAMI, FLUNRESTRICTED$225,000
BRANCHES INC MIAMI, FLUNRESTRICTED$10,000
CORAL GABLES COMMUNITY FOUNDATION CORAL GABLES, FLUNRESTRICTED$20,000
GIRL SCOUTS OF TROPICAL FL MIAMI, FLUNRESTRICTED$7,500
JACKSON HEALTH FOUNDATION MIAMI, FLUNRESTRICTED$508,500
LUMINOUS ADVOCACY PROJECT MIAMI, FLUNRESTRICTED$2,500

Leadership & Key People

Leadership team and compensation from IRS filings

Ana Milton serves as President and Chief Executive Officer of the foundation. The foundation is run by José Milton's three sons, who also manage operations at United Property Management and José Milton & Associates. Multiple family members serve on the boards of the foundation and other local foundations in Miami.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JOSEPH MILTONTRUSTEE
CECIL MILTONTRUSTEE
FRANK MILTONTRUSTEE
ANA MILTONPRES & CEO
ALEC MILTONDIRECTOR
ERIC MILTONDIRECTOR
DIANA MILTONDIRECTOR
NICOLAS MILTONDIRECTOR
JUSTIN MILTONDIRECTOR
DANIELLA MILTONDIRECTOR
JESSICA MILTONDIRECTOR
JOSEPH MILTON JRDIRECTOR

Recent News & Activity

Recent developments and announcements

The foundation has been active in major gift announcements and capital projects in South Florida:

Major Gift Announcement: Jos\xE9 Milton Foundation | Kendall#

The Jose Milton Foundation pledged $4.5 million to Belen Jesuit School

SocialMiami - The Jos\xE9 Milton Foundation and Jos\xE9 Milton & Associates\

The foundation, in partnership with Jose Milton & Associates, refurbished horse stables for the Miami-Dade Police Department's Mounted Patrol Police

The foundation has made significant unrestricted grants to major South Florida institutions including Jackson Health Foundation and the American Heart Association

SocialMiami - The Jos\xE9 Milton Foundation and Jos\xE9 Milton & Associates\

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does The Jose Milton Foundation fund?

The foundation strives to continue José Milton's legacy of entrepreneurial spirit, generosity, determination, fiscal responsibility, and love for South Florida. The foundation invests in programs and organizations that improve quality of life and close the opportunity gap, with particular focus on: • Education • Research • Healthcare The foundation takes a proactive grantmaking approach and tends to support established organizations rather than small, grassroots efforts. It shows a preference f…

How do I apply for a grant from The Jose Milton Foundation?

**Grant Activity:** • In 2024, the foundation made 14 grants totaling $1,298,430 • Typical award range: $1,000–$1,300,000 • Median grant amount: $33,000 **Recent Grants (2024):** • Jackson Health Foundation: $508,500 (unrestricted) • Belen Jesuit Preparatory School: $225,000 (unrestricted) • American Heart Association: $30,000 (unrestricted) **Application Process:** The foundation does not accept unsolicited applications. It operates on an invite-only basis and prefers a proactive grantmaking a…

Where does The Jose Milton Foundation make grants?

The foundation's grantmaking is concentrated in South Florida, with primary focus on the Miami area and surrounding region. However, grants have also been made to organizations in Texas and Illinois.

What size grants does The Jose Milton Foundation award?

In 2024, The Jose Milton Foundation awarded 17 grants totaling $1.3M — an average of about $76K per grant, based on its IRS Form 990 filings.

How much is The Jose Milton Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Jose Milton Foundation reported a distributable amount of $378K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Jose Milton Foundation's EIN?

The Jose Milton Foundation's EIN (Employer Identification Number) is 26-2471929. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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