The Milbank Foundation is a private foundation focused on Employment, based in Milwaukee, WI. IRS filing data is available for 2020. As of 2020, the organization holds $24.9M in total assets. In 2020, it awarded 23 grants totaling $1.7M. Net investment income was $1.1M.
Key facts about The Milbank Foundation
- EIN
- 11-5125050
- Latest 990 filing
- Form 990-PF, 2020
- Annual giving (2020)
- $1,674,202
- Grants made (2020)
- 23
- Average grant
- $72,791
- Median grant
- $50,000
- Total assets
- $24,905,067
- Primary geography
- New York (27% of itemized 2020 grant dollars)
Data from IRS Form 990-PF, 2020; updated September 2026.
Who The Milbank Foundation funds
By grant dollars, the top recipient states for The Milbank Foundation's 23 itemized 2020 grants were New York (27%), Connecticut (24%) and California (10%). The most frequent recipient cities were New York, NY (4 grants) and Boston, MA (2 grants). 96% of grants with a stated purpose were for general or operating support.
Next steps with The Milbank Foundation
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Financial Overview
From 2020 IRS Form 990-PF · View filing
Total Assets
$24.9M
Annual Giving
$1.7M
Grant Count
23
Avg Grant Size
$73K
Under IRS private-foundation payout rules, The Milbank Foundation reported a distributable amount of $1.1M for 2020 — the minimum it must pay out in qualifying distributions.
About The Milbank Foundation
Based on IRS filings
The Milbank Foundation is a private foundation focused on Employment, based in Milwaukee, WI. IRS filing data is available for 2020. As of 2020, the organization holds $24.9M in total assets. In 2020, it awarded 23 grants totaling $1.7M. Net investment income was $1.1M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 23 itemized 2020 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2020 |
|---|---|
| Total Assets | $24,905,067 |
| Revenue | $1,325,249 |
| Expenses | $1,655,751 |
| Qualifying Distributions | — |
| Net Investment Income | $1,125,778 |
| Distributable Amount | $1,092,850 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal year 2020
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 2020
Grant Size Distribution
23 grants across all recorded years
Open Grants
1 open opportunity from The Milbank Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2020 grants, the largest recipients include Yale Cancer Center ($400,000), Center to Advance Palliative Care ($150,000), State Policy Network ($125,000).
| Recipient | Purpose | Amount |
|---|---|---|
| YALE CANCER CENTER New Haven, CT | OPERATING SUPPORT | $400,000 |
| CENTER TO ADVANCE PALLIATIVE CARE New York, NY | OPERATING SUPPORT | $150,000 |
| STATE POLICY NETWORK Arlington, VA | OPERATING SUPPORT | $125,000 |
| FOUNDATION FOR GOVERNMENT ACCOUNTABILITY Naples, FL | OPERATING SUPPORT | $100,000 |
| MENTORTHE NATIONAL MENTORING PARTNERSHIP Boston, MA | OPERATING SUPPORT | $100,000 |
| OPERATION SURF San Luis Obispo, CA | OPERATING SUPPORT | $100,000 |
| VISCARDI CENTER Albertson, NY | OPERATING SUPPORT | $100,000 |
| PARTNERSHIP TO END ADDITCION New York, NY | OPERATING SUPPORT | $75,000 |
| TRAVIS MANION FOUNDATION Doylestown, PA | OPERATING SUPPORT | $75,000 |
| MYFACE New York, NY | OPERATING SUPPORT | $70,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2020 IRS filing
From 2020 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Jeremiah M Bogert | Chairman & Secretary | 2 | — |
| Jeremiah M Bogert Jr | Director | 1 | — |
| Jeremiah Milbank III | President & Treasurer | 1 | — |
| Chris Olander | Asst Secretary | 10 | $24,000 |
| Carl Helstrom See Footnote | Exec Director/Asst Treasur | 20 | — |
| Rev Terence Elsberry | Director | 1 | — |
| Millicent Bogert | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Milbank Foundation?
The Milbank Foundation is a nonprofit organization focused on Employment, based in Milwaukee, WI. It holds $24.9M in total assets as of 2020.
How large is The Milbank Foundation?
As of 2020, The Milbank Foundation holds $24.9M in total assets with $1.3M in annual revenue. It awarded 23 grants totaling $1.7M in 2020.
Where does The Milbank Foundation operate?
The Milbank Foundation has awarded grants in California, Connecticut, District of Columbia, Florida, Massachusetts, Minnesota, New Jersey, New York, Oregon, Pennsylvania, South Carolina, Virginia, Wisconsin.
What size grants does The Milbank Foundation award?
In 2020, The Milbank Foundation awarded 23 grants totaling $1.7M — an average of about $73K per grant, based on its IRS Form 990 filings.
How much is The Milbank Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2020, The Milbank Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Milbank Foundation's EIN?
The Milbank Foundation's EIN (Employer Identification Number) is 11-5125050. IRS Form 990 filing data is available on this page for 2020.
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Browse active grant opportunities in The Milbank Foundation's focus areas in our free grants database
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.