Jose Milton Foundation
- Assets
- $7.2m
- Revenue
- $724.6k
- Investments
- $6.5m
- Employees
- 0
- Location
- Coral Gables, FL
- Founding
- 08/2008
- Data as of
- 12/2022
- EIN
- 26-2471929
Organization Overview
Jose Milton Foundation is located in Coral Gables, FL. The organization was established in 2008. 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. Jose Milton 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, Jose Milton Foundation generated $724.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (19.5%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Jose Milton Foundation has awarded 118 individual grants totaling $5,187,975. 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 |
|---|---|---|---|
Joseph Milton Trustee | 0 | $0 | |
Cecil Milton Trustee | 0 | $0 | |
Frank Milton Trustee | 0 | $0 | |
Ana Milton Pres & CEO | 0 | $0 | |
Alec Milton Director | 0 | $0 | |
Eric Milton Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $51,951 |
| Dividends & Interest | $138,041 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $533,518 |
| Capital Gain Net Income | $122,149 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,064 |
| Total Revenue | $724,574 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,802 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $52,166 |
| Total operating and administrative expenses | $62,974 |
| Contributions, gifts, grants paid | $1,100,900 |
| Total expenses and disbursements | $1,163,874 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,484 |
| Savings and temporary cash investments | $576,527 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,549 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $659,718 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,187,205 |
| 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, Jose Milton Foundation has awarded $1,100,900 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
5000 ROLE MODELS PURPOSE: UNRESTRICTED | $20,000 |
AMERICAN RED CROSS PURPOSE: UNRESTRICTED | $10,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: UNRESTRICTED | $2,500 |
AMERICANS FOR IMMIGRANT JUSTICE PURPOSE: UNRESTRICTED | $10,000 |
BE STRONG INTERNATIONAL INC PURPOSE: UNRESTRICTED | $5,000 |
BELEN JESUIT PREPARATORY SCHOOL PURPOSE: UNRESTRICTED | $250,000 |