William R Mills Trust B
William R Mills Trust B is a private foundation, based in LONG BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $777K in total assets. In 2024, it awarded 1 grants totaling $60K. Net investment income was $40K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$777K
-3.0% YoY
Annual Giving
$60K
-50.0% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$60K
+0.0% YoY
Under IRS private-foundation payout rules, William R Mills Trust B reported a distributable amount of $68K for 2024 — the minimum it must pay out in qualifying distributions.
About William R Mills Trust B
Based on IRS filings
William R Mills Trust B is a private foundation, based in LONG BEACH, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $777K in total assets. In 2024, it awarded 1 grants totaling $60K. Net investment income was $40K.
Ready to take the next step with William R Mills Trust B?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $776,853 | $800,945 | $987,196 |
| Revenue | $55,135 | $-55,794 | $-20,953 |
| Expenses | $79,227 | $130,457 | $24,194 |
| Qualifying Distributions | $60,025 | $120,000 | $10,000 |
| Net Investment Income | $40,422 | $7,122 | $17,632 |
| Distributable Amount | $67,854 | $61,805 | $69,804 |
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
8 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Swim With Mike Foundation ($60,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SWIM WITH MIKE FOUNDATION PASADENA, CA | SCHOLARSHIPS | $60,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN D WILLIAMS | TRUSTEE | 1 | — |
Frequently Asked Questions
How large is William R Mills Trust B?
As of 2024, William R Mills Trust B holds $777K in total assets with $55K in annual revenue. It awarded 1 grants totaling $60K in 2024.
Where does William R Mills Trust B operate?
William R Mills Trust B has awarded grants in California.
What size grants does William R Mills Trust B award?
In 2024, William R Mills Trust B awarded 1 grants totaling $60K — an average of about $60K per grant, based on its IRS Form 990 filings.
How much is William R Mills Trust B required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, William R Mills Trust B reported a distributable amount of $68K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is William R Mills Trust B's EIN?
William R Mills Trust B's EIN (Employer Identification Number) is 95-6487535. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in William R Mills Trust B's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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