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.
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
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 |
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 include Yale Cancer Center ($400,000), Center to Advance Palliative Care ($150,000), State Policy Network ($125,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOARD MATCHING GIFTS MILWAUKEE, WI | OPERATING SUPPORT | $25,702 |
| CENTER TO ADVANCE PALLIATIVE CARE NEW YORK, NY | OPERATING SUPPORT | $150,000 |
| END WELL FOUNDATION LOS ANGELES, CA | OPERATING SUPPORT | $25,000 |
| ENRICHMENT AUDIO RESOURCE SERVICES LAKE ARIEL, PA | OPERATING SUPPORT | $25,000 |
| FOUNDATION FOR GOVERNMENT ACCOUNTABILITY NAPLES, FL | OPERATING SUPPORT | $100,000 |
| MENTORTHE NATIONAL MENTORING PARTNERSHIP BOSTON, MA | OPERATING SUPPORT | $100,000 |
| MYFACE NEW YORK, NY | OPERATING SUPPORT | $70,000 |
| NATIONAL HOSPICE AND PALLIATIVE CARE FOUNDATION ALEXANDRIA, VA | OPERATING SUPPORT | $50,000 |
| NEW JERSEY FOUNDATION FOR AGING INC TRENTON, NJ | OPERATING SUPPORT | $25,000 |
| NORTHERN WESTCHESTER HOSPITAL CENTER FOUNDATION INC WESTBURY, NY | OPERATING SUPPORT | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2020 IRS filing
From 2020 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.
Explore Open Grants
Browse active grant opportunities in The Milbank Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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