The Milman-Kover Family Charitable Foundation Trust

Private foundation · Grantmaker Sarasota, FL EIN: 27-3980980

The Milman-Kover Family Charitable Foundation Trust is a private foundation, based in Sarasota, FL. IRS filing data is available from 2019 through 2023. As of 2023, the organization holds $1.0M in total assets. In 2023, it awarded 2 grants totaling $130K. Net investment income was $20K.

Key facts about The Milman-Kover Family Charitable Foundation Trust

In short: The Milman-Kover Family Charitable Foundation Trust gave $130K across 2 grants in 2023 (avg $65K), mostly in Florida. Source: 2023 IRS Form 990-PF.

EIN
27-3980980
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$130,000
Grants made (2023)
2
Average grant
$65,000
Median grant
$65,000
Total assets
$1,028,122
Primary geography
Florida (100% of itemized 2023 grant dollars)

Data from IRS Form 990-PF, 2023; updated October 2026.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$1.0M

-9.7% YoY

Annual Giving

$130K

-2.6% YoY

Grant Count

2

-33.3% YoY

Avg Grant Size

$65K

+46.1% YoY

Under IRS private-foundation payout rules, The Milman-Kover Family Charitable Foundation Trust reported a distributable amount of $46K for 2023 — the minimum it must pay out in qualifying distributions.

How The Milman-Kover Family Charitable Foundation Trust gives

  • Giving grew 1633% from 2020 to 2023. Method
  • In 2023 it paid out 286% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2023 grant dollars across all 2 itemized grants.

States

Cities

SarasotaTampa

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K5 grants2019 1 grant2020 4 grants2021 3 grants2022 2 grants2023

From 2019 to 2023, annual grant giving ranged from $8K (2020) to $134K (2022). In 2023 it made 2 grants totaling $130K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2023

Federation of Sarasota Manatee: $5KFederation of Sarasota Manatee$5K

The largest 2023 recipient was Federation of Sarasota Manatee ($5K).

Organizations only. It also paid 1 grant to individuals ($125,000), which are not listed by name.

Grant Size Distribution

15 grants across all recorded years

13<$50K$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 15 (87%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
1 grant to individuals Recipients not named —$125,000
Federation of Sarasota Manatee Sarasota, FLGeneral Charity$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2019 2020 2021 2022 2023
Metric202320222021
Total Assets$1,028,122$1,139,107$287,620
Revenue$19,095$984,987$3,191
Expenses$131,280$134,600$17,288
Qualifying Distributions$130,000$133,500$16,288
Net Investment Income$19,622$20,990$3,191
Distributable Amount$45,522$46,205$13,249

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS March 11, 2020)
  2. Updated Form 990-PF for fiscal year 2023 (received by the IRS March 12, 2024)
  3. IRS filings on file for fiscal years 2019–2023

Leadership & Key People

Officers and directors from IRS filings

The Milman-Kover Family Charitable Foundation Trust is led by Susan Milman, Trustee on every filing since 2019 — the only officer listed, and uncompensated.

Officers on the 2023 filing

  • Susan Milman

    Trustee

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2023. "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 Milman-Kover Family Charitable Foundation Trust

How much does The Milman-Kover Family Charitable Foundation Trust give each year?

The Milman-Kover Family Charitable Foundation Trust gave $130K across 2 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $134K across 3 grants.

How large is The Milman-Kover Family Charitable Foundation Trust?

The Milman-Kover Family Charitable Foundation Trust reported $1.0M in total assets on its 2023 IRS Form 990-PF. It paid out $130K in qualifying distributions that year, against a required minimum of $46K (roughly 5% of its investment assets).

Where does The Milman-Kover Family Charitable Foundation Trust operate?

The Milman-Kover Family Charitable Foundation Trust has awarded grants in Florida.

What is The Milman-Kover Family Charitable Foundation Trust's EIN?

The Milman-Kover Family Charitable Foundation Trust's EIN (Employer Identification Number) is 27-3980980. IRS Form 990 filing data is available on this page for 2019–2023.

Data last updated October 2026. Sourced from IRS Form 990-PF filings.

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