Milford Bank Foundation Inc

Organization Overview

Milford Bank Foundation Inc is located in Milford, CT. The organization was established in 2003. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Milford Bank Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Milford Bank Foundation Inc generated $150.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.2% each year . All expenses for the organization totaled $17.0k during the year ending 12/2021. While expenses have increased by 1.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Milford Bank Foundation Inc has awarded 148 individual grants totaling $126,275. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $150,005
Interest on Savings $206
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $150,211

Grants Awarded

Over the last fiscal year, Milford Bank Foundation Inc has awarded $17,000 in support to 19 organizations.

Grant RecipientAmount

EMERGE

PURPOSE: UNRESTRICTED

$1,600

STERLING HOUSE COMMUNITY CENTER

Org PageRecipient Profile

Stratford, CT

PURPOSE: UNRESTRICTED

$1,500

Milford, CT

PURPOSE: UNRESTRICTED

$1,500

STRATFORD POLICE ACTIVITIES LEAGUE

PURPOSE: UNRESTRICTED

$1,250

BOYS & GIRLS CLUB OF MILFORD

PURPOSE: UNRESTRICTED

$1,000

PANTOCHINO PRODUCTIONS

PURPOSE: UNRESTRICTED

$1,000
View Grant Profile

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