Milliken & Company Charitable Foundation
- Assets
- $8.3m
- Revenue
- $5.1m
- Investments
- $4.5m
- Employees
- 0
- Location
- Spartanburg, SC
- Founding
- Data as of
- 11/2021
- EIN
- 85-3211603
Organization Overview
Milliken & Company Charitable Foundation is located in Spartanburg, SC. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Milliken & Company Charitable 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 2021, Milliken & Company Charitable Foundation has awarded 67 individual grants totaling $939,288. 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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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danna Vetter Vice President | 0.2 | $0 | |
Kasel Knight Assistant Secretary | 0.2 | $0 | |
Mark Allen Treasurer | 0.2 | $0 | |
David Smart Vice President | 0.4 | $0 | |
J Randolph Richeson Vice President | 0.2 | $0 | |
Craig Haydamack Vice President | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,915,000 |
| Interest on Savings | $240 |
| Dividends & Interest | $119,183 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,350 |
| Capital Gain Net Income | $20,350 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,054,773 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,852 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $174,233 |
| Total operating and administrative expenses | $199,338 |
| Contributions, gifts, grants paid | $939,288 |
| Total expenses and disbursements | $1,138,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,869,041 |
| Savings and temporary cash investments | $4,422,739 |
| 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 | $461,725 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,338,886 |
| 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, Milliken & Company Charitable Foundation has awarded $939,288 in support to 67 organizations.
| Grant Recipient | Amount |
|---|---|
THE RECYCLING PARTNERSHIP PURPOSE: GENERAL OPERATING SUPPORT | $250,000 |
Spartanburg, SC PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
Spartanburg, SC PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
NORTHSIDE DEVELOPMENT GROUP PURPOSE: GENERAL OPERATING SUPPORT | $55,000 |
Spartanburg, SC PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
Spartanburg, SC PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Masters Tournament Foundation Inc Augusta, GA | $56,432,291 | $20,283,494 |
Ingersoll-Rand Charitable Foundation Davidson, NC | $949,422 | $5,202,263 |
Speedwell Foundation Atlanta, GA | $165,926,993 | $26,115,784 |
Teleios Collaborative Network Flat Rock, NC | $1,937,761 | $5,692,077 |
Berry Charitable Foundation Greensboro, NC | $66,443,887 | $19,441,279 |
Richmond Community Foundation Inc Charlotte, NC | $38,277,506 | $4,248,751 |
Thalia N And Chris M Carlos Foundation Inc Atlanta, GA | $8,590,339 | $1,064,458 |
Weaver Foundation Inc Greensboro, NC | $30,406,218 | $3,650,390 |
Ally Charitable Foundation Charlotte, NC | $31,020,480 | $35,342,279 |
Stoneypeak Foundation Inc Atlanta, GA | $4,235,009 | $1,857,891 |
Jim Andrews Family Foundation Inc Chickamauga, GA | $345,412 | $9,018 |
20 20 Quest Duluth, GA | $1,721,770 | $1,116,124 |