The Jose Milton Foundation

Foundation · Grantmaker 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.

Key facts about The Jose Milton Foundation

EIN: 26-2471929
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $1,298,430
Grants made (2024): 17
Average grant: $76,378
Median grant: $20,000
New grantees (estimate): 24% first-time grantees (4 of 17, 2024)
Total assets: $6,378,954
Primary geography: Florida (97% of itemized 2024 grant dollars)
Accepts unsolicited proposals: No
How to apply: The foundation does not accept unsolicited applications. Full details ↓

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Jose Milton Foundation funds

By grant dollars, the top recipient states for The Jose Milton Foundation's 17 itemized 2024 grants were Florida (97%). The most frequent recipient cities were Miami, FL (9 grants), Coral Gables, FL (3 grants) and Miami Beach, FL (2 grants). 100% of grants with a stated purpose were for general or operating support.

Is The Jose Milton Foundation open to new grantees?

24%

first-time grantees, 2024

In 2024, 4 of 17 grantees (24%) were first-time recipients. First grants averaged $10K; repeat grants $97K. How we count

Medians: $4K first-time, $34K repeat.

71% of 2024 grantees were also funded in 2023. Method
Giving grew 82% from 2021 to 2024. Method
In 2024 it paid out 344% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with The Jose Milton Foundation

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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

+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

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

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

Florida $1.3M (97%)

Texas $30K (2%)

Illinois $6K (0%)

Share of all 17 itemized 2024 grant dollars.

States

Florida Illinois Texas Virginia

Cities

MiamiCoral GablesMiami BeachChicagoFt LauderdaleCoconut GroveCutler BayVirginia GardensArlingtonDallasDoral

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

Metric	2024	2023	2022
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

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

77 grants across all recorded years

Giving History

Grant recipients and amounts by year

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

Recipient	Purpose	Amount
JACKSON HEALTH FOUNDATION Miami, FL	UNRESTRICTED	$508,500
BELEN JESUIT PREPARATORY SCHOOL Miami, FL	UNRESTRICTED	$225,000
BAPTIST HEALTH SOUTH FL FOUNDATION Coral Gables, FL	UNRESTRICTED	$200,000
UNIVERSITY OF MIAMI Coral Gables, FL	UNRESTRICTED	$130,930
MOUNT SINAI MEDICAL CENTER FOUND Miami Beach, FL	UNRESTRICTED	$47,500
THE FOUNDTN FOR NEW EDUC INITIATIVE Miami, FL	UNRESTRICTED	$45,000
UNITED WAY OF MIAMI-DADE COUNTY Miami, FL	UNRESTRICTED	$33,500
AMERICAN HEART ASSOCIATION Dallas, TX	UNRESTRICTED	$30,000
CORAL GABLES COMMUNITY FOUNDATION Coral Gables, FL	UNRESTRICTED	$20,000
5000 ROLE MODELS Miami, FL	UNRESTRICTED	$15,000

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

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Joseph Milton	Trustee	—	—
Cecil Milton	Trustee	—	—
Frank Milton	Trustee	—	—
Ana Milton	Pres & CEO	—	—
Alec Milton	Director	—	—
Eric Milton	Director	—	—
Diana Milton	Director	—	—
Nicolas Milton	Director	—	—
Justin Milton	Director	—	—
Daniella Milton	Director	—	—
Jessica Milton	Director	—	—
Joseph Milton Jr	Director	—	—

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

Philanthropy, Voluntarism & Grantmaking

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?

The foundation does not accept unsolicited applications. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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.