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Florida · Private foundation

Millrace Foundation

Its FY2025 filing reports that it funds preselected organizations and did not take unsolicited requests; check the foundation's own site before ruling it out.

$252k
Granted FY2025(still arriving)
26
Grants FY2025
23
Organizations funded FY2024
26%
First-time grantees FY2024
Read the full brief
Median grant, FY2025
$5,000
Largest grant, FY2025
$58,973
Organizations funded a year
21 to 23
FY2023 to FY2024
States reached, FY2025
7
Total assets, FY2025
$4.6M
Applications
Preselected organizations only
Per its most recent filing; check its own site

How open it is to new grantees

In FY2024, 26% of the organizations Millrace Foundation funded were first-time grantees, receiving 19% of its grant dollars.

The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2025still arriving25$242k24%
FY202423$185k26%
FY202321$245kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2023 to 2025.

Education$263kHuman Services$78kHealth$68kCommunity Improvement$64kReligion$60kYouth Development$55kRecreation & Sports$40kPhilanthropy$35kOther$0

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

IL
NY
IA
PA
NJ
RI
CA
DC
FL

Top grantees

Largest recipients by total granted, FY2023 to FY2025, and the share of each one’s budget the grants supplied at peak.

Show all 23 grantees

What it could do for these grantees

Plus 10 recipients with no EIN on record ($234k), not named here.

Where it is load-bearing

Millrace Foundation supplied at least a quarter of the budget for 2 of its grantees at some point. The chart plots its 22 largest grantees; load-bearing ones sit top left.

25%50%75%100%$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetLife Camp Inc: $75,000 over 3y, 3.1% of budgetFar Hills Country Day School: $65,000 over 3y, 0.2% of budgetFoundation for Morristown Medical Center: $50,000 over 3y, 0.1% of budgetThe Hill School: $42,500 over 3y, 0.0% of budgetKent Place School: $30,000 over 3y, 0.0% of budgetDevils Youth Foundation Inc: $20,000 over 2y, 0.5% of budgetTrinity-Pawling School Corporation: $17,500 over 3y, 0.0% of budgetSave Barnegat Bay Inc: $15,000 over 3y, 0.6% of budgetBay Head Yacht Club Foundation: $15,000 over 3y, 1.8% of budgetMantoloking Yacht Club Foundation Inc: $15,000 over 3y, 37% of budgetPreschool Advantage Inc: $15,000 over 3y, 0.5% of budgetMane Stream Inc: $12,500 over 3y, 0.5% of budgetFar Hills Race Meeting Association Inc: $10,000 over 2y, 0.1% of budgetBryant University: $10,000 over 2y, 0.0% of budgetCornell University: $10,000 over 2y, 0.0% of budgetBonefish & Tarpon Trust Inc: $5,500 over 3y, 0.1% of budgetDucks Unlimited Inc: $5,500 over 3y, 0.0% of budgetThe Decency Foundation: $5,000 over 1y, 42% of budgetMidland Foundation: $5,000 over 1y, 0.6% of budgetR&C Donovan Family Foundation Inc: $5,000 over 1y, 1.3% of budgetMidland School Inc: $2,500 over 1y, 0.0% of budgetNcga Foundation: $2,500 over 1y, 0.0% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 22.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Community Foundation of New JerseyNJ18.1× affinity7 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Community Foundation of New Jersey · The Sumner Family Foundation Inc · The Fournier Family Foundation · Chubb Charitable Foundation · The Ayco Charitable Foundation · The Sudler Foundation · The Tyler Foundation · The McJ Amelior Foundation · Verizon Foundation · Morgan Stanley Global Impact Funding Trust Inc · National Philanthropic Trust · The Bank of America Charitable Foundation Inc

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare Millrace Foundation with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to Millrace Foundation?

Find your warmest path to Millrace Foundation through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About Millrace Foundation

How much does Millrace Foundation give?
Millrace Foundation reported 26 grants totaling $252,473 in its FY2025 IRS filing. It funded between 21 and 23 organizations a year over FY2023 to FY2024.
What does Millrace Foundation fund?
By grant dollars over FY2023 to FY2025, its largest causes are Education (37%), Human Services (11%), Health (10%).
Who are Millrace Foundation's largest grantees?
By total granted over FY2023 to FY2025: Life Camp Inc ($75k), Far Hills Country Day School ($65k), Foundation for Morristown Medical Center ($50k).
Does Millrace Foundation fund new organizations?
In FY2024, 26% of the organizations it funded were first-time grantees.
Does Millrace Foundation accept unsolicited applications?
Its most recent filing reports that it funds preselected organizations and does not take unsolicited requests. Check the foundation's own site before ruling it out.
Which funders back the same organizations as Millrace Foundation?
Its strongest co-funders, measured against what their size predicts, include Community Foundation of New Jersey, The Sumner Family Foundation Inc, The Fournier Family Foundation.
Where is Millrace Foundation based?
Millrace Foundation is based in FL.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 34 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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