The Milbank Foundation

MILWAUKEE, WI EIN: 11-5125050

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

13states
+5 more states

Cities

AlbertsonAlexandriaArlingtonBlufftonBostonDoylestownLake ArielLos AngelesMilwaukeeMinneapolisNaplesNew HavenNew YorkPasadenaPortlandSan Luis ObispoTrentonWashingtonWestbury

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$455K$911K$1M$2M2020
Metric2020
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

$0$419K$837K$1M$2M23 grants2020

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2020

YALE CANCER CENTER$400KCENTER TO ADVANCE PALLIA…$150KSTATE POLICY NETWORK$125KFOUNDATION FOR GOVERNMEN…$100KMENTORTHE NATIONAL MENTO…$100KOPERATION SURF$100KVISCARDI CENTER$100KPARTNERSHIP TO END ADDIT…$75KTRAVIS MANION FOUNDATION$75KMYFACE$70K

Grant Size Distribution

23 grants across all recorded years

9<$50K7$50–100K6$100–250K1$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
BOARD MATCHING GIFTS MILWAUKEE, WIOPERATING SUPPORT$25,702
CENTER TO ADVANCE PALLIATIVE CARE NEW YORK, NYOPERATING SUPPORT$150,000
END WELL FOUNDATION LOS ANGELES, CAOPERATING SUPPORT$25,000
ENRICHMENT AUDIO RESOURCE SERVICES LAKE ARIEL, PAOPERATING SUPPORT$25,000
FOUNDATION FOR GOVERNMENT ACCOUNTABILITY NAPLES, FLOPERATING SUPPORT$100,000
MENTORTHE NATIONAL MENTORING PARTNERSHIP BOSTON, MAOPERATING SUPPORT$100,000
MYFACE NEW YORK, NYOPERATING SUPPORT$70,000
NATIONAL HOSPICE AND PALLIATIVE CARE FOUNDATION ALEXANDRIA, VAOPERATING SUPPORT$50,000
NEW JERSEY FOUNDATION FOR AGING INC TRENTON, NJOPERATING SUPPORT$25,000
NORTHERN WESTCHESTER HOSPITAL CENTER FOUNDATION INC WESTBURY, NYOPERATING SUPPORT$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

CHRIS OLANDERASST SECRETARY$24K

From 2020 filing

NameTitleHoursCompensation
JEREMIAH M BOGERTCHAIRMAN & SECRETARY2
JEREMIAH M BOGERT JRDIRECTOR1
JEREMIAH MILBANK IIIPRESIDENT & TREASURER1
CHRIS OLANDERASST SECRETARY10$24,000
CARL HELSTROM SEE FOOTNOTEEXEC DIRECTOR/ASST TREASUR20
REV TERENCE ELSBERRYDIRECTOR1
MILLICENT BOGERTDIRECTOR1

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

Related Funders

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

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