The Millstream Fund Inc
The Millstream Fund Inc is a private foundation based in Tysons, Virginia. Its 2025 grants went to organizations working in areas including health, reproductive health, voting rights, the arts, food distribution, conservation, and children’s services.
The Millstream Fund Inc at a glance
In short: The Millstream Fund Inc gave $2.1M across 43 grants in 2025 (avg $49K), mostly in New York. 7% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,100,334
- -14.4% vs 2024
- Grants made (2025)
- 43
- +7.5% vs 2024
- Average grant
- $48,845
- -20.4% vs 2024
- Median grant
- $25,000
- Total assets
- $20,453,654
- +21.1% vs 2024
- New grantees (estimate)
- 7% first-time grantees (3 of 43, 2025)
- Primary geography
- New York (51% 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 Millstream Fund Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations.
- Contact
Mailing address: 4600 East-West Highway Suite 900, Bethesda, MD 20814-3423
Phone: (301) 272-6000
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Millstream Fund Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Trust for America's Health ($333K). Together the top 10 received $1.4M.
Organizations only. It also paid 1 grant to individuals ($100,000), which are not listed by name.
Grant Size Distribution
205 grants across all recorded years
The most common grant size was under $50K: 140 grants of 205 (68%).
Geographic Focus
Where this funder awards grants
In 2025, recipients in an individual recipient received 51% of grant dollars, followed by recipients in Washington, DC (22%), New Mexico (6%), California (4%), and Connecticut (4%).
Grant Distribution by State
Share of 2025 grant dollars across all 43 itemized grants.
States
Cities
Is The Millstream Fund Inc open to new grantees?
7%
first-time grantees, 2025
In 2025, 3 of 43 grantees (7%) were first-time recipients. First grants averaged $10K; repeat grants $52K. How we count
Medians: $10K first-time, $25K repeat.
- 93% of 2025 grantees were also funded in 2024. Method
- Giving fell 34% from 2022 to 2025. Method
- In 2025 it paid out 138% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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 2020 to 2025, annual grant giving ranged from $1.5M (2021) to $3.2M (2022). In 2025 it made 43 grants totaling $2.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Trust for America's Health Washington, DC | General support | $333,334 |
| Planned Parenthood Federation of America New York, NY | General support | $250,000 |
| Rockefeller Family Fund New York, NY | General support | $125,000 |
| American Civil Liberties Union Natl Headquarters New York, NY | Support for the Fight for Fair Voting Rights | $100,000 |
| 1 grant to individuals Recipients not named | — | $100,000 |
| New York Community Trust New York, NY | Food distribution program | $100,000 |
| Planned Parenthood of New York City New York, NY | General support | $100,000 |
| Population Council New York, NY | General support | $100,000 |
| Washington Bach Consort Washington, DC | General support General support | $100,000 |
| Planned Parenthood of the Rocky Mountains Albuquerque, NM | General Support | $75,000 |
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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 | $20,453,654 | $5,883,187 | $2,321,404 | $2,100,334 | 43 | $2,111,849 | $3,633,632 | $1,533,829 |
| 2024 | $16,891,871 | $3,788,554 | $2,644,747 | $2,453,668 | 40 | $2,467,226 | $1,411,033 | $1,308,795 |
| 2023 | $15,748,064 | $2,777,474 | $2,397,139 | $2,183,666 | 39 | $2,200,203 | $625,599 | $980,628 |
| 2022 | $15,367,729 | $4,553,006 | $3,421,818 | $3,176,166 | 39 | $3,189,926 | $3,183,912 | $877,344 |
| 2021 | $14,236,541 | $3,992,315 | $1,567,388 | $1,468,000 | 44 | — | $2,473,406 | $905,355 |
| 2020 | $11,811,614 | $3,491,374 | $1,635,090 | $1,538,000 | 44 | — | $1,884,828 | $674,097 |
Under IRS private-foundation payout rules, The Millstream Fund Inc reported a distributable amount of $1.5M 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
No mission statement for the funder is provided. Its grants include general support as well as support for specific purposes, such as a food distribution program and efforts related to fair voting rights.
Grantee missions illustrate the kinds of organizations it supports. Trust for America’s Health says it promotes optimal health and makes illness and injury prevention a national priority. Planned Parenthood Federation of America describes its mission as providing leadership in comprehensive reproductive and complementary health care and advocating public policies. Washington Bach Consort says it performs and promotes the music of Bach and his contemporaries, including through music education.
Grantmaking
In filing year 2025, the fund awarded 43 grants totaling $2,100,334. Grants ranged from $1,000 to $333,334, with a median of $25,000. The largest grants included $333,334 to Trust for America’s Health, $250,000 to Planned Parenthood Federation of America, and $125,000 to Rockefeller Family Fund, all for general support. Other notable awards were $100,000 each to the American Civil Liberties Union National Headquarters for support for the fight for fair voting rights, an individual recipient Community Trust for a food distribution program, and several other organizations.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Hope Aldrich as president and Phoebe Jane Winthrop as secretary.
The Millstream Fund Inc is led by Hope Aldrich, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Hope Aldrich
President
On filings since 2020
1 hr/week
No compensation reported
Phoebe Jane Winthrop
Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Millstream Fund Inc
How much does The Millstream Fund Inc give each year?
The Millstream Fund Inc gave $2.1M across 43 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.5M across 40 grants.
What is The Millstream Fund Inc's typical grant size?
The Millstream Fund Inc's median grant in 2025 was $25,000, and its average grant was $48,845, across 43 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Millstream Fund Inc that year got $10K on average.
Where does The Millstream Fund Inc give grants?
The Millstream Fund Inc gives mostly in New York: 51% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were District of Columbia (22%) and New Mexico (6%). The most frequent recipient cities were New York, NY (16 grants), Washington, DC (3 grants), Albuquerque, NM (3 grants) and San Francisco, CA (2 grants).
Does The Millstream Fund Inc give general operating support?
Yes: 93% of The Millstream Fund Inc's 2025 grants with a stated purpose (40 of 43) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are The Millstream Fund Inc's largest grantees?
The Millstream Fund Inc's largest 2025 grantees include Trust for America's Health ($333,334), Planned Parenthood Federation of America ($250,000) and Rockefeller Family Fund ($125,000), according to its 2025 IRS Form 990-PF. It also paid 1 grant to individuals ($100,000), which are not listed by name. Together they received 34% of its itemized 2025 grant dollars.
How large is The Millstream Fund Inc?
The Millstream Fund Inc reported $20.5M in total assets on its 2025 IRS Form 990-PF. It paid out $2.1M in qualifying distributions that year, against a required minimum of $1.5M (roughly 5% of its investment assets).
What does The Millstream Fund Inc fund?
No mission statement for the funder is provided. Its grants include general support as well as support for specific purposes, such as a food distribution program and efforts related to fair voting rights. See mission & focus areas ↑
How do I apply for a grant from The Millstream Fund Inc?
The foundation does not accept unsolicited requests for funds and makes contributions only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Millstream Fund Inc's EIN?
The Millstream Fund Inc's EIN (Employer Identification Number) is 52-1472819. IRS Form 990 filing data is available on this page for 2020–2025.
Does The Millstream Fund Inc 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
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS April 3, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 10, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS April 17, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 4, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 16, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 4, 2026)
- IRS filings on file for fiscal years 2020–2025
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Cite this profile
Grantable. (2026). The Millstream Fund Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/the-millstream-fund-inc-morg_50cb821518004273b0eefb67cf8c79c0
BibTeX
@misc{grantable_521472819_2026,
author = {{Grantable}},
title = {{The Millstream Fund Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-millstream-fund-inc-morg_50cb821518004273b0eefb67cf8c79c0},
note = {Accessed 2026-10-14. 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 Millstream Fund Inc'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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