Robert & Bethany Millard Charitable Foundation
- Assets
- $8.5m
- Revenue
- $446.0k
- Investments
- $8.3m
- Employees
- 0
- Location
- Albany, NY
- Founding
- 04/1991
- Data as of
- 12/2022
- EIN
- 13-3566723
Organization Overview
Robert & Bethany Millard Charitable Foundation is located in Albany, NY. The organization was established in 1991. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Robert & Bethany Millard Charitable Foundation 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 12/2022, Robert & Bethany Millard Charitable Foundation generated $446.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 13.4% per year over the past 5 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 2018, Robert & Bethany Millard Charitable Foundation has awarded 177 individual grants totaling $8,373,152. 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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert B Millard Officer | 10 | $0 | |
Bethany Millard Officer | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $27 |
| Dividends & Interest | $445,987 |
| 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 | $446,014 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,750 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $932 |
| Total operating and administrative expenses | $17,182 |
| Contributions, gifts, grants paid | $1,156,062 |
| Total expenses and disbursements | $1,173,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $134,669 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $8,137 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $153,376 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,488,827 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Robert & Bethany Millard Charitable Foundation has awarded $1,156,062 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ACADEMY ARTS & S PURPOSE: CHARITABLE CONTRIBUTION | $25,000 |
CENTRAL PARK CONSERVANCY PURPOSE: CHARITABLE CONTRIBUTION | $25,000 |
COUNCIL ON FOREIGN RELATION PURPOSE: CHARITABLE CONTRIBUTION | $25,000 |
AMERICAN MUSEUM OF NATURAL HISTORY PURPOSE: CHARITABLE CONTRIBUTION | $3,390 |
DOLPHINS CHALLENGE CANCER PURPOSE: CHARITABLE CONTRIBUTION | $500 |
FLORIDA INTERNATIONAL UNIVERSITY FOUNDATION PURPOSE: CHARITABLE CONTRIBUTION | $351,424 |