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
Under IRS private-foundation payout rules, The Mill Foundation Ltd reported a distributable amount of $166K for 2024 — the minimum it must pay out in qualifying distributions.
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.
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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
Among its reported 2024 grants, the largest include Chill Global ($240,000), American Independent Foundation ($100,000), Stowe Land Trust ($51,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BROOKS SCHOOL NORTH ANDOVER, MA | GENERAL SUPPORT | $5,000 |
| CHILL GLOBAL BURLINGTON, VT | GENERAL SUPPORT | $240,000 |
| DARTMOUTH-HITCHCOCK ANNUAL FUND LEBANON, NH | GENERAL SUPPORT | $10,000 |
| FRESH AIR FUND NEW YORK, NY | GENERAL SUPPORT | $1,000 |
| KELLY CLARK FOUNDATION MAMMOTH LAKES, CA | GENERAL SUPPORT | $2,500 |
| KINGDOM COUNTY PRODUCTIONS BARNET, VT | GENERAL SUPPORT | $50,000 |
| MARVELWOOD SCHOOL KENT, CT | GENERAL SUPPORT | $10,000 |
| NORTH COUNTRY ANIMAL LEAGUE MORRISVILLE, VT | GENERAL SUPPORT | $2,000 |
| NPR WASHINGTON, DC | GENERAL SUPPORT | $30,000 |
| PETER WESTBROOK FOUNDATION NEW YORK, NY | GENERAL SUPPORT | $5,000 |
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
Frequently Asked Questions
What does The Mill Foundation Ltd fund?
The foundation's primary funding interests include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Children and youth programs • Scouting organizations • Youth services • Journalism
How do I apply for a grant from The Mill Foundation Ltd?
**Grant Activity:** • Made 40 grants in 2024 • Total giving: $989,500 (2024) • Typical award range: $1,000–$340,000 **Recent Notable Grants (2024):** • Chill Global: $240,000 (General Support) • The American Independent Foundation: $100,000 (General Support) • Stowe Land Trust: $51,000 (General Support) The foundation provides general support funding to its grantees.
Where does The Mill Foundation Ltd make grants?
The foundation primarily funds organizations in: • Vermont • New York • District of Columbia
What size grants does The Mill Foundation Ltd award?
In 2024, The Mill Foundation Ltd awarded 36 grants totaling $990K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is The Mill Foundation Ltd required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mill Foundation Ltd reported a distributable amount of $166K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Mill Foundation Ltd's EIN?
The Mill Foundation Ltd's EIN (Employer Identification Number) is 20-1957778. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Mill Foundation Ltd's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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