Treasure Hill Foundation
Treasure Hill Foundation is a private foundation based in Wilmington, Delaware. Its 2025 filing reports $361,834 in grants to 12 organizations, including nonprofits working in literacy, education, food assistance, and sexual and reproductive health.
Treasure Hill Foundation at a glance
In short: Treasure Hill Foundation gave $362K across 12 grants in 2025 (avg $30K), top state Connecticut. 9% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $361,834
- +3.4% vs 2024
- Grants made (2025)
- 12
- +33.3% vs 2024
- Average grant
- $30,153
- -22.5% vs 2024
- Median grant
- $15,000
- Total assets
- $6,491,077
- -2.4% vs 2024
- New grantees (estimate)
- 9% first-time grantees (1 of 11, 2025; small sample)
- Primary geography
- Connecticut (35% 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 Treasure Hill Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: Foundation Source 501 Silverside Rd, Wilmington, DE 19809-1377
Phone: (800) 839-1754
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Treasure Hill Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Robin Hood Foundation ($100K). Together the top 10 received $361K.
Grant Size Distribution
50 grants across all recorded years
The most common grant size was under $50K: 41 grants of 50 (82%).
Geographic Focus
Where this funder awards grants
The foundation’s 2025 grant dollars were distributed among recipients in Connecticut (35%), New York (33%), Virginia (28%), Washington, DC (2%), and Massachusetts (1%).
Grant Distribution by State
Share of 2025 grant dollars across all 12 itemized grants.
States
Cities
Is Treasure Hill Foundation open to new grantees?
9%
first-time grantees, 2025
In 2025, 1 of 11 grantees (9%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $100K; repeat grants $26K. How we count
Medians: $100K first-time, $10K repeat.
- 64% of 2025 grantees were also funded in 2024. Method
- Giving grew 137% from 2022 to 2025. Method
- In 2025 it paid out 202% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). 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 2019 to 2025, annual grant giving ranged from $90K (2021) to $362K (2025). In 2025 it made 12 grants totaling $362K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Robin Hood Foundation New York, NY | General & Unrestricted | $100,000 |
| Weta Arlington, VA | PBS News Hour | $100,000 |
| Planned Parenthood of Southern New England Inc New Haven, CT | General & Unrestricted | $50,000 |
| Read to Grow Inc Branford, CT | Book Endowment Fund | $33,334 |
| Read to Grow Inc Branford, CT | General & Unrestricted | $25,000 |
| Connecticut Foodshare Inc Wallingford, CT | General & Unrestricted | $20,000 |
| Planned Parenthood of Greater New York Inc Brooklyn, NY | General & Unrestricted | $10,000 |
| Read Alliance Inc New York, NY | General & Unrestricted | $10,000 |
| Georgetown Day School Inc Washington, DC | General & Unrestricted | $5,000 |
| School Year Abroad Inc North Andover, MA | General & Unrestricted | $5,000 |
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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 | $6,491,077 | $254,779 | $415,826 | $361,834 | 12 | $387,434 | $229,487 | $192,233 |
| 2024 | $6,652,124 | $231,270 | $402,342 | $350,000 | 9 | $375,098 | $205,926 | $196,672 |
| 2023 | $6,823,196 | $141,726 | $368,123 | $318,112 | 16 | $3,342,718 | $180,412 | $308,769 |
| 2022 | $7,049,593 | $970,171 | $208,935 | $152,500 | 10 | $178,100 | $71,397 | $286,496 |
| 2021 | $6,288,357 | $370,765 | $146,001 | $90,000 | 3 | $113,492 | $341,705 | $318,663 |
| 2020 | $6,063,593 | $1,683,133 | $362,607 | $315,000 | 11 | — | $154,873 | $273,338 |
| 2019 | $4,743,067 | $1,113,513 | $288,661 | $250,000 | 4 | — | $96,235 | $206,468 |
Under IRS private-foundation payout rules, Treasure Hill Foundation reported a distributable amount of $192K 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 foundation is provided. Its 2025 grants included support for organizations with varied missions. For example, Read To Grow describes its work as promoting early childhood language skills and literacy and supporting families as children’s first teachers. Connecticut Foodshare says it mobilizes community partners, volunteers, and supporters to respond to hunger. Read Alliance describes its work as providing one-to-one literacy tutoring for early elementary students in under-resourced communities, delivered by teen tutors.
Other grantees describe work in educational and electoral activity to promote access to sexual and reproductive health services (Planned Parenthood of Greater New York); educational opportunities for high school students to study abroad (School Year Abroad); and play programs for children experiencing family housing insecurity (Homeless Children’s Playtime Project).
Grantmaking
In filing year 2025, the foundation reported 12 grants totaling $361,834. Grant amounts ranged from $1,000 to $100,000, with a median grant of $15,000. Its largest reported grants were $100,000 each to Robin Hood Foundation for general and unrestricted purposes and WETA for PBS News Hour. Other grants included $50,000 to Planned Parenthood of Southern New England for general and unrestricted purposes; $33,334 and $25,000 to Read To Grow for a book endowment fund and general and unrestricted purposes, respectively; and $20,000 to Connecticut Foodshare for general and unrestricted purposes.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Carolyn M Millstein as director, president, and secretary; James E Millstein as director, treasurer, and vice president; and Joanna Millstein and Natalie Millstein as directors.
Treasure Hill Foundation is led by Carolyn M Millstein, Director, President & Secretary on every filing since 2019; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Carolyn M Millstein
Director, President & Secretary
On filings since 2019
1 hr/week
No compensation reported
James E Millstein
Director, Treasurer & Vice President
On filings since 2019
1 hr/week
No compensation reported
Joanna Millstein
Director
On filings since 2019
1 hr/week
No compensation reported
Natalie Millstein
Director
On filings since 2019
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2019–2025. "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 Treasure Hill Foundation
How much does Treasure Hill Foundation give each year?
Treasure Hill Foundation gave $362K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $350K across 9 grants.
What is Treasure Hill Foundation's typical grant size?
Treasure Hill Foundation's median grant in 2025 was $15,000, and its average grant was $30,153, across 12 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Treasure Hill Foundation that year got $100K on average.
Where does Treasure Hill Foundation give grants?
Treasure Hill Foundation's top state is Connecticut, with 35% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New York (33%) and Virginia (28%). The most frequent recipient cities were New York, NY (2 grants), Branford, CT (2 grants) and Washington, DC (2 grants).
Does Treasure Hill Foundation give general operating support?
Yes: 83% of Treasure Hill Foundation's 2025 grants with a stated purpose (10 of 12) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Treasure Hill Foundation's largest grantees?
Treasure Hill Foundation's largest 2025 grantees include Robin Hood Foundation ($100,000), Weta ($100,000) and Read to Grow Inc ($58,334 across 2 grants), according to its 2025 IRS Form 990-PF. Together they received 71% of its itemized 2025 grant dollars.
How large is Treasure Hill Foundation?
Treasure Hill Foundation reported $6.5M in total assets on its 2025 IRS Form 990-PF. It paid out $387K in qualifying distributions that year, against a required minimum of $192K (roughly 5% of its investment assets).
What does Treasure Hill Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included support for organizations with varied missions. For example, Read To Grow describes its work as promoting early childhood language skills and literacy and supporting families as children’s first teachers. See mission & focus areas ↑
How do I apply for a grant from Treasure Hill Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Treasure Hill Foundation's EIN?
Treasure Hill Foundation's EIN (Employer Identification Number) is 37-1844627. IRS Form 990 filing data is available on this page for 2019–2025.
Does Treasure Hill 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
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 9, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS May 6, 2026)
- Added Form 990-PF for fiscal year 2019 (received by the IRS May 28, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 26, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS November 11, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 3, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS September 26, 2024)
Live grants for the work Treasure Hill Foundation funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
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Browse active grant opportunities in Treasure Hill Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Treasure Hill Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/treasure-hill-foundation-morg_6aecb6b9947a487cb580b339d86a467f
BibTeX
@misc{grantable_371844627_2026,
author = {{Grantable}},
title = {{Treasure Hill Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/treasure-hill-foundation-morg_6aecb6b9947a487cb580b339d86a467f},
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 Treasure Hill 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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