The Mills Foundation

Foundation · Grantmaker Athens, GA EIN: 27-4186996

The Mills Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Athens, GA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $58K in total assets. In 2024, it awarded 4 grants totaling $6K. Net investment income was $20K.

Key facts about The Mills Foundation

EIN: 27-4186996
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $5,500
Grants made (2024): 4
Average grant: $1,375
Median grant: $1,000
Total assets: $57,557
Primary geography: Kentucky (55% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who The Mills Foundation funds

By grant dollars, the top recipient states for The Mills Foundation's 4 itemized 2024 grants were Kentucky (55%), Minnesota (18%) and Georgia (18%). None of its 4 grants with a stated purpose were described as general or operating support.

How The Mills Foundation gives

Giving held roughly steady from 2021 to 2024 (−8%). Method
In 2024 it paid out 254% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$58K

+50.1% YoY

Annual Giving

$6K

+0.0% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$1K

-50.0% YoY

Under IRS private-foundation payout rules, The Mills Foundation reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About The Mills Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Kentucky $3K (55%)

Minnesota $1K (18%)

Georgia $1K (18%)

California $500 (9%)

Share of all 4 itemized 2024 grant dollars.

States

California Georgia Kentucky Maine Minnesota New York South Carolina Texas

Cities

AthensLouisvilleBig SandyCharlestonEaganLos AngelesPortlandRye Brook

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$57,557	$38,349	$44,881
Revenue	$45,213	$1,738	$3,582
Expenses	$9,564	$10,895	$10,373
Qualifying Distributions	$5,500	$5,500	$6,625
Net Investment Income	$19,778	—	—
Distributable Amount	$2,163	$2,152	$2,565

Data update history

When this profile's IRS filing data changed on Grantable

March 2, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Unbridled Charity Foundation Inc ($3,000), Fantasy Cares ($1,000), Classic City Rotary Club ($1,000).

Recipient	Purpose	Amount
UNBRIDLED CHARITY FOUNDATION INC Louisville, KY	VARIOUS CHARITIES	$3,000
FANTASY CARES Eagan, MN	VARIOUS CHARITIES	$1,000
CLASSIC CITY ROTARY CLUB Athens, GA	ENVIRONMENTAL PROTECTION	$1,000
OUTPOST NEIGHBORHOOD ASSOCIATION Los Angeles, CA	TRAFFIC IMPROVEMENT	$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Thomas W Scott III	Trustee	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Mills Foundation?

The Mills Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Athens, GA. It holds $58K in total assets as of 2024.

How large is The Mills Foundation?

As of 2024, The Mills Foundation holds $58K in total assets with $45K in annual revenue. It awarded 4 grants totaling $6K in 2024.

Where does The Mills Foundation operate?

The Mills Foundation has awarded grants in California, Georgia, Kentucky, Maine, Minnesota, New York, South Carolina, Texas.

What size grants does The Mills Foundation award?

In 2024, The Mills Foundation awarded 4 grants totaling $6K — an average of about $1K per grant, based on its IRS Form 990 filings.

How much is The Mills Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mills Foundation reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.