Third Millennium Foundation Inc
Third Millennium Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTPORT, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7K in total assets. In 2024, it awarded 1 grants totaling $114K. Net investment income was $915.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7K
-87.0% YoY
Annual Giving
$114K
+16.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$114K
+16.3% YoY
Under IRS private-foundation payout rules, Third Millennium Foundation Inc reported a distributable amount of $912 for 2024 — the minimum it must pay out in qualifying distributions.
About Third Millennium Foundation Inc
Based on IRS filings
Third Millennium Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTPORT, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7K in total assets. In 2024, it awarded 1 grants totaling $114K. Net investment income was $915.
Focus Areas
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,121 | $54,631 | $7,135 |
| Revenue | $80,951 | $157,891 | $90,249 |
| Expenses | $128,461 | $110,395 | $105,200 |
| Qualifying Distributions | $126,925 | $110,360 | $105,176 |
| Net Investment Income | $915 | $856 | $49 |
| Distributable Amount | $912 | $942 | $249 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Indian Gospel Mission ($114,000).
| Recipient | Purpose | Amount |
|---|---|---|
| INDIAN GOSPEL MISSION | SUPPORT OF INDIAN GOSPEL MISSION | $114,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| IRENE L MCCUTCHEN | PRESIDENT, DIRECTOR | 1 | — |
| WILLIAM W MCCUTCHEN JR | Secretary, Director | 1 | — |
| WILLIAM W MCCUTCHEN III | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Third Millennium Foundation Inc?
Third Millennium Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WESTPORT, CT. It holds $7K in total assets as of 2024.
How large is Third Millennium Foundation Inc?
As of 2024, Third Millennium Foundation Inc holds $7K in total assets with $81K in annual revenue. It awarded 1 grants totaling $114K in 2024.
What size grants does Third Millennium Foundation Inc award?
In 2024, Third Millennium Foundation Inc awarded 1 grants totaling $114K — an average of about $114K per grant, based on its IRS Form 990 filings.
How much is Third Millennium Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Third Millennium Foundation Inc reported a distributable amount of $912 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Third Millennium Foundation Inc's EIN?
Third Millennium Foundation Inc's EIN (Employer Identification Number) is 06-1554774. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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