Millrace Foundation | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Millrace Foundation. Data shown is extracted from Form 990-PF filings.
EIN: 87-6629677
Foundation Overview
Based in Hobe Sound, FL, Millrace Foundation has awarded 22 grants totaling $255,000 to organizations in New Jersey, Rhode Island and 6 other states across the US. Individual grants range from $2,500 to $55,000, with a median award of $5,000.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
22 of 22 recipients (100%) were new grantees. Recent establishment means most partnerships are naturally new. Pattern may not reflect long-term preferences.
Geographic Focus
59% of grants are awarded in New Jersey, with additional funding distributed across 7 other locations. The foundation balances regional focus with broader geographic diversity. Within New Jersey, funding concentrates in Morristown (31%), Mantoloking (15%), Far Hills (8%).
Funding Trajectory
Insufficient data to determine funding trend patterns.
Program Areas
Highly focused on general purposes with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Millrace Foundation's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Far Hills Country Day School | $20,000 | Far Hills, NJ, US | Fund Future Growth Of Organization | 2023 |
| Kent Place School | $10,000 | Summit, NJ, US | Fund Future Growth Of Organization | 2023 |
| Bryant University | $5,000 | Smithfield, RI, US | Fund Future Growth Of Organization | 2023 |
| Cornell University | $5,000 | Boon, IA, US | Fund Future Growth Of Organization | 2023 |
| Trinity Pawling School | $7,500 | Pawling, NY, US | Fund Future Growth Of Organization | 2023 |
| The Hill School | $10,000 | Pottstown, PA, US | Fund Future Growth Of Organization | 2023 |
| St Simon By The Sea Church | $30,000 | Mantoloking, NJ, US | Fund Future Growth Of Organization | 2023 |
| Life Camp | $55,000 | Morristown, NJ, US | Fund Future Growth Of Organization | 2023 |
| Save Barnegat Bay | $5,000 | Tom River, NJ, US | Fund Future Growth Of Organization | 2023 |
| Ducks Unlimited Inc | $2,500 | Washington, DC, US | Fund Future Growth Of Organization | 2023 |
| Bonefish & Tarpon Trust | $2,500 | Miami, FL, US | Fund Future Growth Of Organization | 2023 |
| Lobally Community Foundation Inc | $10,000 | Hobe Sound, FL, US | Fund Furure Growth Of Organization | 2023 |
| Bay Head Yacht Club Foundation | $5,000 | Bay Head, NJ, US | Fund Future Growth Of Organization | 2023 |
| Mantoloking Yacht Club Foundation | $5,000 | Mantoloking, NJ, US | Fund Furute Growth Of Organization | 2023 |
| Foundation For Morristown Med Ctr | $20,000 | Morristown, NJ, US | Fund Future Growth Of Organization | 2023 |
| Evans Scholars Foundation | $5,000 | Glenview, IL, US | Fund Future Growth Of Organization | 2023 |
| Jfundishe - Project Able | $5,000 | Bernardsville, NJ, US | Fund Future Growth Of Organization | 2023 |
| Nj Battered Womens Shelter | $5,000 | Morristown, NJ, US | Fund Future Growth Of Organization | 2023 |
| Mane Stream | $5,000 | Oldwick, NJ, US | Fund Future Growth Of Organization | 2023 |
| Preschool Advantage | $5,000 | Morristown, NJ, US | Fund Future Growth Of Organization | 2023 |
| Midland Foundation | $5,000 | North Branch, NJ, US | Fund Future Growth Of Organization | 2023 |
| Brown Brothers Harriman Daf Xx509 | $32,500 | New York, NY, US | Funid Future Growth Various Foundat | 2023 |
Foundations Similar to Millrace Foundation
Discover 5 foundations with comparable assets ($4,607,873-$4,649,140), similar grant patterns, and geographic focus in FL that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
James & Amy Shimberg Foundation Inc
EIN: 58-1581287 | 221 grants awarded |
$4,649,140
(≈ Similar) |
$2,500
median grant |
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Same state |
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|
The Fernandes Family Foundation
EIN: 20-6750178 | 110 grants awarded |
$4,643,518
(≈ Similar) |
$6,000
median grant |
Naples, FL
Same state |
|
|
The D&p Foundation Inc
EIN: 47-3521905 | 231 grants awarded |
$4,639,483
(≈ Similar) |
$5,000
median grant |
Windermere, FL
Same state |
|
|
The Mortimer & Barbara Klaus Family
EIN: 20-5747828 | 194 grants awarded |
$4,612,979
(≈ Similar) |
$3,500
median grant |
Boca Raton, FL
Same state |
|
|
Neil & Sandra Defeo Family Foundati
EIN: 26-6141110 | 257 grants awarded |
$4,607,873
(≈ Similar) |
$2,500
median grant |
Sarasota, FL
Same state |
|
Related Foundation Resources in FL:
Contact Information
Official contact details for Millrace Foundation as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 87-6629677 |
| Website | N/A |
| Address | 8148 SE GOLFHOUSE DR Hobe Sound, FL 33455-8016 |
Key People (5)
Board members, trustees, and key staff who oversee Millrace Foundation's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| President | C Correll Durling |
|---|---|
| Trustee | Eleanor W Durling |
| Secretary | C Chapin Durling |
| Vice Preside | Phillips C Durling |
| Treasurer | Henry A Durling |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for Millrace Foundation is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.