The Michael and Milagros Contreras

CORAL GABLES, FL EIN: 20-2019879

The Michael and Milagros Contreras is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORAL GABLES, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $46K in total assets. In 2024, it awarded 11 grants totaling $78K. Net investment income was $31K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$46K

-40.9% YoY

Annual Giving

$78K

+33.3% YoY

Grant Count

11

+37.5% YoY

Avg Grant Size

$7K

-3.0% YoY

Under IRS private-foundation payout rules, The Michael and Milagros Contreras reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

About The Michael and Milagros Contreras

Based on IRS filings

The Michael and Milagros Contreras is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORAL GABLES, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $46K in total assets. In 2024, it awarded 11 grants totaling $78K. Net investment income was $31K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Cities

BethesdaBrooklynCincinnatiCoconut GroveMarionMemphisMiamiMiami ShoresMorristownMount BerryMount VernonNew YorkPinecrestScarsdale

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$22K$43K$65K$86K2021202220232024
Metric202420232022
Total Assets$45,562$77,129$87,713
Revenue$46,988$27,215$18,404
Expenses$78,555$58,809$66,899
Qualifying Distributions$78,269$58,696$66,827
Net Investment Income$30,797$20,480$8,133
Distributable Amount$7,333$6,576$8,153

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$39K$59K$78K6 grants20219 grants20228 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MINDO FUTURES INC$62KST HUGH CATHOLIC CHURCH$6KARCHDIOCESE OF MIAMI$5KEMAUS IN CUBA FOUNDATION$2KMEMORIAL SLOAN KETTERING…$1KBERRY COLLEGE$1KMORNINGSTAR RENEWAL CENTER$784GROVE FOR GHANA INC$150DISCALCED CARMELITE NUNS$150CYSTIC FIBROSIS FOUNDATION$100

Grant Size Distribution

34 grants across all recorded years

32<$50K2$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Mindo Futures Inc ($62,000), St Hugh Catholic Church ($5,835), Archdiocese of Miami ($5,000).

RecipientPurposeAmount
ARCHDIOCESE OF MIAMI MIAMI SHORES, FLRELIGIOUS$5,000
BERRY COLLEGE MOUNT BERRY, GAEDUCATION$1,000
GROVE FOR GHANA INC COCONUT GROVE, FLSOCIAL ASSISTANCE$150
MEMORIAL SLOAN KETTERING CANCER CENTER NEW YORK, NYHEALTH$1,200
MINDO FUTURES INC MIAMI, FLSOCIAL ASSISTANCE$62,000
MORNINGSTAR RENEWAL CENTER PINECREST, FLRELIGIOUS$784
ST HUGH CATHOLIC CHURCH COCONUT GROVE, FLRELIGIOUS$5,835
DISCALCED CARMELITE NUNS MORRISTOWN, NJRELIGIOUS$150
FRANCISCAN MISSION ASSOCIATES MOUNT VERNON, NYRELIGIOUS$50
EMAUS IN CUBA FOUNDATION MIAMI, FLSOCIAL ASSISTANCE$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL CONTRERASTRUSTEE1
MILAGROS CONTRERASTRUSTEE1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Michael and Milagros Contreras?

The Michael and Milagros Contreras is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CORAL GABLES, FL. It holds $46K in total assets as of 2024.

How large is The Michael and Milagros Contreras?

As of 2024, The Michael and Milagros Contreras holds $46K in total assets with $47K in annual revenue. It awarded 11 grants totaling $78K in 2024.

Where does The Michael and Milagros Contreras operate?

The Michael and Milagros Contreras has awarded grants in Florida, Georgia, Illinois, Maryland, New Jersey, New York, Ohio, Tennessee.

What size grants does The Michael and Milagros Contreras award?

In 2024, The Michael and Milagros Contreras awarded 11 grants totaling $78K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is The Michael and Milagros Contreras required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Michael and Milagros Contreras reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Michael and Milagros Contreras's EIN?

The Michael and Milagros Contreras's EIN (Employer Identification Number) is 20-2019879. IRS Form 990 filing data is available on this page for 2021–2024.

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

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