The Millmont Foundation
The Millmont Foundation is a private foundation based in Brooklyn, New York. Its 2025 filing reports $81,000 in grants to 23 organizations.
The Millmont Foundation at a glance
In short: The Millmont Foundation gave $81K across 23 grants in 2025 (avg $4K), top state Massachusetts. 17% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $81,000
- +47.3% vs 2024
- Grants made (2025)
- 23
- -4.2% vs 2024
- Average grant
- $3,522
- +53.7% vs 2024
- Median grant
- $2,500
- Total assets
- $294,535
- +34.2% vs 2024
- New grantees (estimate)
- 17% first-time grantees (4 of 23, 2025; small sample)
- Primary geography
- Massachusetts (31% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Millmont Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations.
- Contact
Mailing address: C/O Kari Cholnoky 345 Clinton Ave 1, Brooklyn, NY 11238
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Millmont Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Concord Academy ($10K). Together the top 10 received $55K.
Grant Size Distribution
97 grants across all recorded years
The most common grant size was under $50K: 97 grants of 97 (100%).
Geographic Focus
Where this funder awards grants
The 2025 grants went to recipients in multiple states. By share of grant dollars, Massachusetts received 31%, Montana 13%, New York 11%, Ohio 8%, and Wisconsin 7%.
Grant Distribution by State
Share of 2025 grant dollars across all 23 itemized grants.
States
Cities
Is The Millmont Foundation open to new grantees?
17%
first-time grantees, 2025
In 2025, 4 of 23 grantees (17%) were first-time recipients. With only 23 grantees, that is a small sample: one grantee more or less moves the share by about 4 points. First grants averaged $5K; repeat grants $3K. How we count
Medians: $4K first-time, $3K repeat.
- 78% of 2025 grantees were also funded in 2024. Method
- Giving grew 238% from 2022 to 2025. Method
- In 2025 it paid out 118% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $24K (2022) to $81K (2025). In 2025 it made 23 grants totaling $81K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Concord Academy Concord, MA | Operating Funds | $10,000 |
| Columbus Academy Gahanna, OH | Operating Funds | $6,750 |
| Yellowstone Forever Bozeman, MT | Operating Funds | $6,750 |
| Save The Music Foundation New York, NY | Operating Funds | $6,750 |
| Washburn Heritage Association Washburn, WI | Operating Funds | $6,000 |
| Assist Inc Salt Lake City, UT | Operating Funds | $5,000 |
| Gallatin River Task Force Big Sky, MT | Operating Funds | $3,850 |
| Planned Parenthood of West PA Pittsburgh, PA | Operating Funds | $3,375 |
| Red Cross Disasters Giving Program Boone, IA | Operating Funds | $3,375 |
| Hadley Historical Society Hadley, MA | Operating Funds | $3,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $294,535 | $158,911 | $83,916 | $81,000 | 23 | $81,000 | $158,911 | $68,874 |
| 2024 | $219,540 | $27,226 | $58,220 | $54,998 | 24 | $54,998 | $27,226 | $64,269 |
| 2023 | $250,534 | $23,163 | $51,872 | $48,000 | 21 | $48,000 | $24,346 | $54,755 |
| 2022 | $279,947 | $36,126 | $26,421 | $24,000 | 11 | $24,000 | $36,126 | $48,821 |
| 2021 | $270,242 | $24,984 | $46,664 | $43,500 | 18 | — | $24,984 | $39,993 |
Under IRS private-foundation payout rules, The Millmont Foundation reported a distributable amount of $69K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation’s filings do not state a mission. Its 2025 grants went to organizations whose work includes education, music, conservation, environmental stewardship, history, and disaster relief. For example, Concord Academy describes its mission as fostering learning, equity, empathy, integrity, and responsibility; Save The Music Foundation says it helps children, schools, and communities reach their potential through making music. Yellowstone Forever describes itself as Yellowstone National Park’s official nonprofit partner, providing grants and in-kind support to the park, while the Gallatin River Task Force says it works to protect and restore the Gallatin River and inspire stewardship.
Other 2025 grantees describe work in historical preservation and education: Historic Deerfield welcomes visitors to experience the stories and cultures of New England, and the Washburn Heritage Association received a grant for operating funds. The Adirondack Mountain Club describes its work as conserving and preserving New York State’s Forest Preserve and other parks, wild lands, and waters, while the Chesapeake Bay Foundation says its mission is to save the Bay.
Grantmaking
In 2025, the foundation gave $81,000 in 23 grants. Grants ranged from $1,000 to $10,000, with a median grant of $2,500. The largest grants included $10,000 to Concord Academy; $6,750 each to Columbus Academy, Yellowstone Forever, and Save The Music Foundation; and $6,000 to the Washburn Heritage Association. Each of these grants was listed for operating funds.
Other listed grants included $5,000 to Assist Inc.; $3,850 to the Gallatin River Task Force; $3,375 each to Planned Parenthood of West PA and the Red Cross Disasters Giving Program; $3,000 each to Hadley Historical Society and Historic Deerfield; and $2,500 to the Adirondack Mountain Club.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Theodore G Montague as president; Richard W Montague and Cynthia C Montague as secretaries; Carrie M Stanny as archivist; Peter M Cholnoky and Dorothy M Cholnoky as directors; and Kari Cholnoky as treasurer.
The Millmont Foundation is led by Theodore G Montague, President on every filing since 2023; none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Theodore G Montague
President
On filings since 2023
No compensation reported
Peter M Cholnoky
Director
President & Treasurer → Director, 2024
On filings since 2021
No compensation reported
Dorothy M Cholnoky
Director
On filings since 2024
No compensation reported
Carrie M Stanny
Archivist
Treasurer → Archivist, 2025
On filings since 2021
2 hrs/week
No compensation reported
Cynthia C Montague
Secretary
On filings since 2021
2 hrs/week
No compensation reported
Richard W Montague
Secretary
Board Member → Secretary, 2023
On filings since 2021
2 hrs/week
No compensation reported
Kari Cholnoky
Treasurer
New on the 2025 filing
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Millmont Foundation
How much does The Millmont Foundation give each year?
The Millmont Foundation gave $81K across 23 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $55K across 24 grants.
What is The Millmont Foundation's typical grant size?
The Millmont Foundation's median grant in 2025 was $2,500, and its average grant was $3,522, across 23 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Millmont Foundation that year got $5K on average.
Where does The Millmont Foundation give grants?
The Millmont Foundation's top state is Massachusetts, with 31% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Montana (13%) and New York (11%). The most frequent recipient cities were Deerfield, MA (2 grants) and Boston, MA (2 grants).
Does The Millmont Foundation give general operating support?
Yes: 100% of The Millmont Foundation's 2025 grants with a stated purpose (23 of 23) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Millmont Foundation's largest grantees?
The Millmont Foundation's largest 2025 grantees include Concord Academy ($10,000), Columbus Academy ($6,750) and Yellowstone Forever ($6,750), according to its 2025 IRS Form 990-PF. Together they received 29% of its itemized 2025 grant dollars.
How large is The Millmont Foundation?
The Millmont Foundation reported $295K in total assets on its 2025 IRS Form 990-PF. It paid out $81K in qualifying distributions that year, against a required minimum of $69K (roughly 5% of its investment assets).
What does The Millmont Foundation fund?
The foundation’s filings do not state a mission. Its 2025 grants went to organizations whose work includes education, music, conservation, environmental stewardship, history, and disaster relief. See mission & focus areas ↑
How do I apply for a grant from The Millmont Foundation?
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Millmont Foundation's EIN?
The Millmont Foundation's EIN (Employer Identification Number) is 06-6051671. IRS Form 990 filing data is available on this page for 2021–2025.
Does The Millmont Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
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Cite this profile
Grantable. (2026). The Millmont Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/the-millmont-foundation-morg_a9d5b9a1af79401eb6d271a3f40b5632
BibTeX
@misc{grantable_066051671_2026,
author = {{Grantable}},
title = {{The Millmont Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-millmont-foundation-morg_a9d5b9a1af79401eb6d271a3f40b5632},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Millmont Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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