Betty Millard Foundation
- Assets
- $1.1m
- Revenue
- $32.4k
- Investments
- $854.7k
- Employees
- 0
- Location
- Wilmington, DE
- Founding
- 05/2014
- Data as of
- 12/2023
- EIN
- 45-4165383
Organization Overview
Betty Millard Foundation is located in Wilmington, DE. The organization was established in 2014. According to its NTEE Classification (W99) the organization is classified as: Public & Societal Benefit N.E.C., under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Betty Millard 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 12/2023, Betty Millard Foundation generated $32.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $133.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Betty Millard Foundation has awarded 195 individual grants totaling $2,887,758. 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 |
|---|---|---|---|
Olivia Millard Dir, Co- Pres, Pres, Sec | 1 | $0 | |
Lisa Springer Dir, Sec, Co- Pres | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,494 |
| Dividends & Interest | $18,708 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,169 |
| Capital Gain Net Income | $8,169 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,371 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,323 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,859 |
| Total operating and administrative expenses | $30,892 |
| Contributions, gifts, grants paid | $102,500 |
| Total expenses and disbursements | $133,392 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $232,237 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,086,980 |
| 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, Betty Millard Foundation has awarded $102,500 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY ACTION BOARD OF SANTA CRUZ COUNTY INC PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
COMMUNITY INITIATIVES PURPOSE: REGENERACION PAJARO VALLEY CLIMATE ACTION | $500 |
MARA ELEPHANT PROJECT USA INC PURPOSE: ELEPHANT PROTECTION INITIATIVE | $30,000 |
MONTEREY BAY AQUARIUM FOUNDATION PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
NATURE CONSERVANCY PURPOSE: CAPACITY-BUILDING IN MICRONESIA FUND | $50,000 |
NEW GEORGIA PROJECT INCORPORATED PURPOSE: GENERAL & UNRESTRICTED | $5,000 |