The Mill Foundation Ltd is a family foundation of the Carpenter family based in Burlington, Vermont. Established in 2004, it operates as a private 501(c)(3) foundation focused on philanthropic grantmaking across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
-22.3% YoY
Annual Giving
$990K
+13.0% YoY
Grant Count
36
+33.3% YoY
Avg Grant Size
$27K
-15.3% YoY
Mission & Focus Areas
The foundation's primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Children and youth programs
- Scouting organizations
- Youth services
- Journalism
Grantmaking
The foundation provides general support funding to its grantees.
Ready to take the next step with The Mill Foundation Ltd?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Vermont
- New York
- District of Columbia
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $2,668,578
- Total giving: $989,500
- Total revenues: $259,801
- Total expenses: $1,020,189
Revenue Sources (2024):
- Investment income and dividends: $85,660
- Net gain from sale of non-inventory assets: $174,141
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,668,578 | $3,433,151 | $4,448,084 |
| Revenue | $259,801 | $216,834 | $2,311,657 |
| Expenses | $1,020,189 | $967,733 | $695,385 |
| Qualifying Distributions | $991,775 | $952,733 | $680,385 |
| Net Investment Income | $231,387 | $125,101 | $2,019,047 |
| Distributable Amount | $166,315 | $195,553 | $165,649 |
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 2024
Grant Size Distribution
198 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DONNA CARPENTER | PRESIDENT | 0.3 | — |
| CAROLYN WRIGHT | TREASURER | 0.3 | — |
| GEORGE CARPENTER | DIRECTOR | 0.3 | — |
Contact Information
Address: 180 Queen City Park Rd, Burlington, VT 05401-5935
Telephone: 802-295-1800
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
Rutland Economic Development Corp
RUTLAND, VT
Assets
$3.8M
Grants
1
Total Given
$72K
Qlla Charities Inc
QUECHEE, VT
Assets
$13K
Grants
1
Total Given
$140K
Courtney and Victoria Buffum Family
BURLINGTON, VT
Assets
$1.4M
Grants
16
Total Given
$1.6M
Vermont State Employees Credit Union
MONTPELIER, VT
Assets
$1.1B
Grants
10
Total Given
$636K
Kratt Brothers Creature Hero Society
STOWE, VT
Assets
$1.4M
Grants
0
Total Given
—
Louise Judith and Edgar May Foundation
SHELBURNE, VT
Assets
$2.1M
Grants
31
Total Given
$86K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Mill Foundation Ltd on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities