Hilda & Raymond Milne Foundation
- Assets
- $1.5m
- Revenue
- $181.1k
- Investments
- $1.5m
- Employees
- 0
- Location
- Gillette, WY
- Founding
- 03/1994
- Data as of
- 12/2021
- EIN
- 83-0305556
Organization Overview
Hilda & Raymond Milne Foundation is located in Gillette, WY. The organization was established in 1994. 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. Hilda & Raymond Milne 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 12/2021, Hilda & Raymond Milne Foundation generated $181.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $62.5k during the year ending 12/2021. While expenses have increased by 3.0% 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, Hilda & Raymond Milne Foundation has awarded 236 individual grants totaling $258,875. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED 23 SCHOLARSHIPS TO STUDENTS FOR USE IN OBTAINING HIGHER EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Lubnau Director | 0.5 | $0 | |
Stan Hunter Director | 0.5 | $0 | |
Chad Hooker Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $52,354 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $126,810 |
| Capital Gain Net Income | $126,810 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,958 |
| Total Revenue | $181,122 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $503 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $67 |
| Printing and publications | $0 |
| Other expenses | $27 |
| Total operating and administrative expenses | $24,473 |
| Contributions, gifts, grants paid | $38,000 |
| Total expenses and disbursements | $62,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,922 |
| 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 | $114,087 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $869 |
| Total assets | $1,549,960 |
| 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, Hilda & Raymond Milne Foundation has awarded $38,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
KYLEE MYERS PURPOSE: TUITION AND SCHOOLEXPENSES | $2,000 |
EMMA TYSTAD PURPOSE: TUITION AND SCHOOLEXPENSES | $2,000 |
ETHEN WOLF PURPOSE: TUITION AND SCHOOLEXPENSES | $2,000 |
JORDYN DIAZ PURPOSE: TUITION AND SCHOOLEXPENSES | $2,000 |
MIKAELA EASTON PURPOSE: TUITION AND SCHOOLEXPENSES | $2,000 |
MEGHAN HANSON PURPOSE: TUITION AND SCHOOLEXPENSES | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Pacific Foundation Omaha, NE | $336,276 | $9,519,950 |
Schlessman Foundation Inc Denver, CO | $82,645,895 | $9,127,697 |
Montana Healthcare Foundation Bozeman, MT | $211,845,474 | $27,605,227 |
Homer A Scott And Mildred S Scott Foundation Sheridan, WY | $28,032,742 | $11,071,204 |
Leland J And Dorothy H Olson Charitable Fountation Omaha, NE | $59,544,198 | $8,036,267 |
J R Simplot Foundation Inc Boise, ID | $241,362,659 | $7,582,149 |
Merlin Foundation Boulder, CO | $11,755,104 | $10,100,928 |
Henry A Davis Foundation Omaha, NE | $67,081,811 | $59,214,203 |
Charles And Mary Heider Family Foundation Omaha, NE | $4,711,924 | $1,666 |
Dorothy B Davis Foundation Omaha, NE | $25,824,547 | $7,488,603 |
Ryan Foundation Greenwood Village, CO | $441,293,463 | $369,614,124 |
Emma Eccles Jones Foundation Salt Lake City, UT | $107,937,464 | $15,595,872 |