Hilda & Raymond Milne Foundation
- Assets
- $1.5m
- Revenue
- -$1.9k
- Investments
- $1.4m
- Employees
- 0
- Location
- Gillette, WY
- Founding
- 03/1994
- Data as of
- 12/2022
- 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.
Since 2015, Hilda & Raymond Milne Foundation has awarded 230 individual grants totaling $252,625. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDED 31 SCHOLARSHIPS TO STUDENTS FOR USE IN OBTAINING HIGHER EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Lubnau President/director | 0.5 | $0 | |
Stan Hunter Secretary/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 | $45,609 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$48,550 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,017 |
| Total Revenue | -$1,924 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,128 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $155 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $27,905 |
| Contributions, gifts, grants paid | $39,750 |
| Total expenses and disbursements | $67,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,350 |
| Savings and temporary cash investments | $33,387 |
| 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 | $148,068 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $846 |
| Total assets | $1,480,381 |
| 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 $39,750 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
EMMA LEHMAN PURPOSE: TUITION AND SCHOOLEXPENSES | $1,250 |
KYLEE MYERS PURPOSE: TUITION AND SCHOOLEXPENSES | $1,500 |
BREANNA YOUNKIN PURPOSE: TUITION AND SCHOOLEXPENSES | $1,250 |
NORA SHOBER PURPOSE: TUITION AND SCHOOLEXPENSES | $1,250 |
KELLY VANDAMME PURPOSE: TUITION AND SCHOOLEXPENSES | $1,250 |
RILEY BOCK PURPOSE: TUITION AND SCHOOLEXPENSES | $1,250 |