William R Mills Trust B

Foundation · Grantmaker Long Beach, CA EIN: 95-6487535

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 grant totaling $60K. Net investment income was $40K.

Key facts about William R Mills Trust B

In short: William R Mills Trust B gave $60K across 1 grant in 2024 (avg $60K), mostly in California. Source: 2024 IRS Form 990-PF.

EIN
95-6487535
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$60,000
Grants made (2024)
1
Average grant
$60,000
Median grant
$60,000
Total assets
$776,853
Primary geography
California (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

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.

How William R Mills Trust B gives

  • Giving grew 300% from 2021 to 2024. Method
  • In 2024 it paid out 88% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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 all 1 itemized 2024 grant dollars.

States

Cities

PasadenaLos AngelesLong Beach

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K2 grants20202 grants20211 grants20222 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Swim with Mike Foundation: $60KSwim with Mike Foundation$60K

Grant Size Distribution

8 grants across all recorded years

5<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
SWIM WITH MIKE FOUNDATION Pasadena, CASCHOLARSHIPS$60,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K20202021202220232024
Metric202420232022
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

William R Mills Trust B is led by John D. Williams, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • John D. Williams

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 William R Mills Trust B

How much does William R Mills Trust B give each year?

William R Mills Trust B gave $60K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $120K across 2 grants.

How large is William R Mills Trust B?

William R Mills Trust B reported $777K in total assets on its 2024 IRS Form 990-PF. It paid out $60K in qualifying distributions that year, against a required minimum of $68K (roughly 5% of its investment assets).

Where does William R Mills Trust B operate?

William R Mills Trust B has awarded grants in California.

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.

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

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