Vince E Millard Family Foundation is located in Topeka, KS. The organization was established in 2009. 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. Vince E Millard Family 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, Vince E Millard Family Foundation generated $131.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.6% each year . All expenses for the organization totaled $250.9k during the year ending 12/2021. While expenses have increased by 29.8% 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, Vince E Millard Family Foundation has awarded 11 individual grants totaling $480,200. 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
ONLY ACTIVITY IS INVESTMENT OF ASSETS
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $78 |
| Dividends & Interest | $27,988 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $102,992 |
| Capital Gain Net Income | $102,992 |
| Net ST Capital Gain | $4,908 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $131,058 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | -$7,662 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $917 |
| Contributions, gifts, grants paid | $250,000 |
| Total expenses and disbursements | $250,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $39,267 |
| Net Accounts receivable | $5,743 |
| 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 | $1,016,557 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,068,875 |
| 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 |
Over the last fiscal year, Vince E Millard Family Foundation has awarded $100,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
TOPEKA HABITAT FOR HUMANITY INC PURPOSE: GENERAL SUPPORT OF ORGANIZATION. | $50,000 |
CONCERN INC PURPOSE: SUPPORT PROGRAMS | $50,000 |