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 grant totaling $60K. Net investment income was $40K.
William R Mills Trust B at a glance
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.
- Annual giving (2024)
- $60,000
- -50.0% vs 2023
- Grants made (2024)
- 1
- -50.0% vs 2023
- Average grant
- $60,000
- +0.0% vs 2023
- Median grant
- $60,000
- Total assets
- $776,853
- -3.0% vs 2023
- Primary geography
- California (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who William R Mills Trust B funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Swim with Mike Foundation ($60K).
Grant Size Distribution
8 grants across all recorded years
The most common grant size was under $50K: 5 grants of 8 (63%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
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.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $10K (2022) to $120K (2023). In 2024 it made 1 grant totaling $60K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Swim with Mike Foundation Pasadena, CA | Scholarships | $60,000 |
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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 |
|---|---|---|---|---|---|---|---|---|
| 2024 | $776,853 | $55,135 | $79,227 | $60,000 | 1 | $60,025 | $40,422 | $67,854 |
| 2023 | $800,945 | $-55,794 | $130,457 | $120,000 | 2 | $120,000 | $7,122 | $61,805 |
| 2022 | $987,196 | $-20,953 | $24,194 | $10,000 | 1 | $10,000 | $17,632 | $69,804 |
| 2021 | $1,032,343 | $51,398 | $50,962 | $15,000 | 2 | $17,500 | $17,936 | $65,595 |
| 2020 | $1,031,907 | $326,916 | $27,845 | $15,000 | 2 | — | $314,187 | $62,525 |
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.
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). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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