Millwood Foundation
- Assets
- $936.5k
- Revenue
- $312.5k
- Investments
- $933.6k
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 83-1745106
Organization Overview
Millwood Foundation is located in Memphis, TN. The organization was established in 2019. 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. Millwood 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 12/2022, Millwood Foundation generated $312.5k in total revenue.
Since 2020, Millwood Foundation has awarded 24 individual grants totaling $626,000. 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 |
|---|---|---|---|
Jessie Gordon Long President / Director | 1 | $0 | |
Susan L Huffman Treasurer / Director | 1 | $0 | |
Hugh H Parks Secretary / Director | 1 | $0 | |
Kindra Long Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $300,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,502 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $312,502 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $40 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,227 |
| Total operating and administrative expenses | $2,717 |
| Contributions, gifts, grants paid | $188,000 |
| Total expenses and disbursements | $190,717 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,945 |
| Savings and temporary cash investments | $0 |
| 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 | $933,559 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $936,504 |
| 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, Millwood Foundation has awarded $188,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ADVANCE MEMPHIS PURPOSE: CREATING FINANCIAL STABILITY THROUGH WORK | $25,000 |
TOGETHER MINISTRY CENTER PURPOSE: REACH OUT TO UNDERSERVED AND DISENFRANCHISED PEOPLE | $12,000 |
JEWISH FEDERATION OF S AZ PURPOSE: HELP BRING TOGETHER, STRENGTHEN AND PRESERVE THE JEWISH PEOPLE. | $16,000 |
PLANNED PARENTHOOD OF TN & NORTH MS PURPOSE: PROVIDE HIGH-QUALITY NON-JUDGMENTAL SEXUAL HEALTH CARE, EDUCATION AND ADVOCACY. | $35,000 |
UNICEF PURPOSE: PROVIDING HUMANITARIAN AID FOR CHILDREN IN CRISIS | $25,000 |
INTERFAITH COMMUNITY SERVICES OF TUCSON PURPOSE: HELP PEOPLE IN NEED ACHIEVE STABLE, HEALTHY, AND INDEPENDENT LIVES. | $25,000 |