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Filing year 2024

MILBANK MEMORIAL FUND

New York, New York·EIN 13-5562282·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$11.5M
Total assets
$96.3M
Total expenses
$6.3M
Reported officers
15

Executive compensation

Form 990-PF · Part VIII · 2 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York.

Director and President
Board President
Above 90th percentile
$430k
$465k
Secretary and COO
Median to 75th percentile
$229k
$247k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at MILBANK MEMORIAL FUND equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
7%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$79k

Itemized grants

19

Median grant

$3k

RecipientLocationPurposeAmount
NATIONAL ACADEMY OF SCIENCESWASHINGTON, DCIN SUPPORT OF A STANDING COMMITTEE ON PRIMARY CARE$20k
INTERNATIONAL RESCUE COMMITTEENEW YORK, NYGENERAL SUPPORT$10k
BLOOMINGDALE SCHOOL OF MUSICNEW YORK, NYGENERAL SUPPORT$5k
BLOOMINGDALE SCHOOL OF MUSICNEW YORK, NYGENERAL SUPPORT$5k
SILOAM HEALTHNASHVILLE, TNGENERAL SUPPORT$5k
UNITED HOSPITAL FUNDNEW YORK, NYGENERAL SUPPORT$5k
YALE SCHOOL OF PUBLIC HEALTHNEW HAVEN, CTGENERAL SUPPORT$5k
YALE SCHOOL OF PUBLIC HEALTHNEW HAVEN, CTGENERAL SUPPORT$5k
HISTORIC SARANAC LAKESARANAC LAKE, NYGENERAL SUPPORT$4k
SALEM MISSIONARY BAPTIST CHURCHBROOKLYN, NYGENERAL SUPPORT$3k
IGNATIAN SPIRITUALITY PROJECTCHICAGO, ILGENERAL SUPPORT$3k
SAN MIGUEL SCHOOLPROVIDENCE, RIGENERAL SUPPORT$3k
THE UNIVERSITY OF CHICAGOCHICAGO, ILGENERAL SUPPORT$3k
THE CHAPIN SCHOOLNEW YORK, NYGENERAL SUPPORT$2k
OPEN DOOR CLINICMIDDLEBURY, VTGENERAL SUPPORT$1k
SPECTRUM YOUTH AND FAMILY SERVICESBURLINGTON, VTGENERAL SUPPORT$500
THE UNIVERSITY OF CHICAGOCHICAGO, ILGENERAL SUPPORT$500
TRUSTEES OF BOSTON COLLEGECHESTNUT HILL, MAGENERAL SUPPORT$500
PRINCETON MONTESSORI SOCIETYPRINCETON, NJGENERAL SUPPORT$250
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Held roughly steady
over 2 years

From $417k in 2022 to $430k in 2024.

$417k
2022
$416k
2023
$430k
2024
In today's dollarsEst.
Down 4% in real terms$486k to $465k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 3% from 2022 to 2024, while revenue rose 88%.

$417k in 2022 to $430k in 2024.
  • Chief Operating Officer pay rose 6% from 2022 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about MILBANK MEMORIAL FUND

What does the Board President of MILBANK MEMORIAL FUND earn?

In 2024, the Board President of MILBANK MEMORIAL FUND received $430,137 in total compensation. This pay is in the top 10% for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in New York: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Board President pay at MILBANK MEMORIAL FUND compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in New York, the 2024 pay of the Board President at MILBANK MEMORIAL FUND falls in the top 10%. In 2024, the highest total compensation at MILBANK MEMORIAL FUND equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MILBANK MEMORIAL FUND's revenue and expenses?

In 2024, MILBANK MEMORIAL FUND reported $11.5M in total revenue and $6.3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($50M - $150M), because foundation pay scales with assets under management, not revenue.