Mill Foundation
- Assets
- $1.9m
- Revenue
- $150.2k
- Investments
- $1.8m
- Employees
- 0
- Location
- Loves Park, IL
- Founding
- 07/2003
- Data as of
- 06/2022
- EIN
- 30-0177875
Organization Overview
Mill Foundation is located in Loves Park, IL. The organization was established in 2003. According to its NTEE Classification (T30) the organization is classified as: Public 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. Mill 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 06/2022, Mill Foundation generated $150.2k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $273.1k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Mill Foundation has awarded 44 individual grants totaling $491,121. 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 |
|---|---|---|---|
Ecklund Carl President | 0.5 | $0 | |
Muehlfelder Fred Vice President | 0.5 | $0 | |
Baudhuin Thomas Treasurer | 0.5 | $0 | |
Johnson Scott Director | 0.5 | $0 | |
Diaz Lori Director | 0.5 | $0 | |
Rose Thomas Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,700 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,427 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $109,109 |
| Capital Gain Net Income | $109,109 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $150,236 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $18,226 |
| Total operating and administrative expenses | $21,612 |
| Contributions, gifts, grants paid | $251,534 |
| Total expenses and disbursements | $273,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,583 |
| Savings and temporary cash investments | $67,493 |
| 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 | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $98,675 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,867,602 |
| 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, Mill Foundation has awarded $251,534 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
Rockford, IL PURPOSE: TO PROVIDE SUPPORT TO THEIR NEW AFTER SCHOOL PROGRAM FOR GRADE SCHOOL TO MIDDLE SCHOOL YOUTHS FROM 3PM TO 6PM. | $27,000 |
BOYS AND GIRLS CLUB OF ROCKFORD PURPOSE: TO PROVIDE YOUTH WITH OPPORTUNITIES FOR GROWTH THROUGH ACADEMIC SUCCESS, GOOD CHARACTER AND LEADERSHIP AND HEALTHY LIFESTYLES. | $27,000 |
Rockford, IL PURPOSE: TO PROVIDE A NEIGHBORHOOD COMMUNITY CENTER OFFERING LIFE-ENRICHING OPPORTUNITIES FOR THOSE WHO LIVE, WORK, PLAY, AND LEARN IN THE NEAR-SOUTHEAST ROCKFORD AND ROCK RIVER VALLEY COMMUNITY, WITH AN EMPHASIS ON YOUTH | $27,000 |
WINNEBAGO COUNTY CASA PURPOSE: TO PROVIDE FUNDING FOR THE VOLUNTEER PROGRAM FOR ABUSED AND NEGLECTED CHILDREN. | $27,000 |
NORTHWEST CHRISTIAN COMMUNITY DEVELOPMENT PURPOSE: TO PROVIDE SUPPORT FOR COMMUNITY DEVELOPMENT. | $20,614 |
KEN-ROCK COMMUNITY CENTER PURPOSE: TO PROVIDE SUPPORT FOR A CENTER IN WHICH ENHANCES THE QUALITY OF LIFE FOR CHILDREN AND FAMILIES THROUGH RECREATION, EDUCATION, AND SOCIAL SERVICES | $19,100 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mill Foundation has recieved totaling $11,200.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Northern Illinois Rockford, IL PURPOSE: FOR PURPOSES AS SPECIFIED IN A GRANT APPLICATION, FUND AGREEMENT OR GIFT INSTRUMENT | $11,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Schuler Education Foundation Lake Forest, IL | $54,673,241 | $7,067,242 |
Thedacare Family Of Foundations Inc Appleton, WI | $89,256,611 | $25,439,996 |
Veterans United Foundation Columbia, MO | $54,107,159 | $30,165,811 |
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |
Stifel Charitable Inc St Louis, MO | $132,307,100 | $94,589,551 |
Moose Charities Inc Mooseheart, IL | $5,385,966 | $15,548,845 |
Franciscan Sisters Of Chicago Service Corporation Lemont, IL | $62,771,138 | $13,923,865 |
Vela Education Fund Glencoe, IL | $4,855,969 | $13,247,569 |
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,280,358 | $8,736,448 |
Porter County Government Charitable Nonprofit Foundation Inc Valparaiso, IN | $195,277,590 | $7,720,193 |
Coxhealth Foundation Springfield, MO | $33,244,463 | $11,374,415 |
Bass Pro Shops & Cabelas Outdoor Fund Springfield, MO | $14,575,213 | $9,618,697 |