Gary E Milgard Family Foundation - Mark
- Assets
- $104.2m
- Revenue
- $5.2m
- Investments
- $102.6m
- Employees
- 0
- Location
- Tacoma, WA
- Founding
- 04/2016
- Data as of
- 12/2022
- EIN
- 81-1386818
Organization Overview
Gary E Milgard Family Foundation - Mark is located in Tacoma, WA. The organization was established in 2016. 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. Gary E Milgard Family Foundation - Mark 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, Gary E Milgard Family Foundation - Mark generated $5.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $6.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Gary E Milgard Family Foundation - Mark has awarded 269 individual grants totaling $33,459,851. 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 |
|---|---|---|---|
Mark Milgard President & Treasurer | 20 | $600 | |
Jill Berry Secretary | 1 | $0 | |
Harold Berry Director | 40 | $100,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $42,968 |
| Interest on Savings | $1,843 |
| Dividends & Interest | $3,412,250 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $80,439 |
| Capital Gain Net Income | $1,674,481 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,656,074 |
| Total Revenue | $5,193,574 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $129,231 |
| Other employee salaries and wages | $217,630 |
| Pension plans, employee benefits | $155,672 |
| Interest | $0 |
| Taxes | $163,256 |
| Depreciation | $0 |
| Occupancy | $13,288 |
| Travel, conferences, and meetings | $1,871 |
| Printing and publications | $0 |
| Other expenses | $72,974 |
| Total operating and administrative expenses | $1,033,774 |
| Contributions, gifts, grants paid | $5,700,000 |
| Total expenses and disbursements | $6,733,774 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $361,857 |
| Savings and temporary cash investments | $1,242,409 |
| 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 | $15,223,618 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $104,161,836 |
| Accounts payable and accrued expenses | $14,624 |
| 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 | $14,624 |
Grants Awarded
Over the last fiscal year, Gary E Milgard Family Foundation - Mark has awarded $4,952,068 in support to 37 organizations.
| Grant Recipient | Amount |
|---|---|
AUBURN VALLEY HUMANE SOCIETY PURPOSE: NWSNC/WELLNESS | $100,000 |
BOYS & GIRLS CLUB OF SOUTH PUGET SOUND PURPOSE: GENERAL OPERATING | $500,000 |
BOYS & GIRLS CLUB OF SOUTH PUGET SOUND PURPOSE: HOLIDAY GIVING 2023 | $50,000 |
CENTER FOR WHALE RESEARCH PURPOSE: ORCA SURVEY/OUTREACH | $100,000 |
CONCERN FOR ANIMALS PURPOSE: SENIOR OWNER PROGRAM | $25,000 |
DFMWR-JOINT BASE LEWIS-MCCHORD PURPOSE: HOLIDAY TURKEYS AND HAMS | $100,000 |