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
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
No grants recorded for .
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
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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