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Filing year 2023

MILLSTONE FUND

Cincinnati, Ohio·EIN 83-4320073·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$5.5M
Total assets
$160.7M
Total expenses
$7.3M
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 3 reported individuals · Filing year 2023

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

Secretary
Board Secretary
75th to 90th percentile
$93k
$103k
Director
Unclassified
$78k
$86k
Vice President
Board Vice President
Median to 75th percentile
$72k
$80k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at MILLSTONE FUND equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
1%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,948 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 2023 Form 990-PF, Part XV.

Total granted

$6.3M

Itemized grants

86

Median grant

$43k

RecipientLocationPurposeAmount
ARTWORKSCINCINNATI, OHPAINTING THE FUTURE TOGETHER CAMPAIGN$500k
TALBERT HOUSECINCINNATI, OHCAPITAL: HAMILTON COUNTY CRISIS CENTER$500k
SANTA MARIA COMMUNITY SERVICESCINCINNATI, OHPROMOTING OUR PRESCHOOLERS PROGRAM$400k
BEECH ACRES PARENTING CENTERCINCINNATI, OHBEYOND THE CLASSROOM (BTC) FY25-26, YEAR 1$300k
STRATEGIES TO END HOMELESSNESSCINCINNATI, OHDATA ANALYTICS AND PROACTIVE SERVICES, YEAR 1$300k
THE CROSSROADS CENTERCINCINNATI, OHCAPITAL: CROSSROADS CENTER RECOVERY FACILITY$300k
INTERACT FOR CHANGECINCINNATI, OHYOUTH MENTAL HEALTH STRATEGY - YOUTH FELLOWS SUPPORT FY24C1$200k
WOMEN HELPING WOMEN OF HAMILTON COUNTYCINCINNATI, OHSURVIVOR EQUITY FUND, YEAR 1$200k
GREATER CINCINNATI FOUNDATIONCINCINNATI, OHGCF FUND$130k
EPISCOPAL RETIREMENT SERVICESCINCINNATI, OHAFFORDABLE LIVING BY ERS WELL BEING INITIATIVE$120k
CHILDRENS HOSPITAL MEDICAL CENTERCINCINNATI, OHCAPITAL: THE HEALING POWER OF GREENSPACE$110k
BEECH ACRES PARENTING CENTERCINCINNATI, OHPLACE-BASED HOLISTIC EMOTIONAL WELL-BEING SUPPORTS, YEAR 1$100k
CHILDREN'S HOME OF CINCINNATI OHIO INCCINCINNATI, OHBEHAVIORAL HEALTH INTEGRATION AND PREVENTION EFFORTS, YEAR 1$100k
CORPORATION FOR FINDLAY MARKETCINCINNATI, OHFINDLAY MARKET SHOPPING APP$100k
EMERGENCY SHELTER OF NORTHERN KENTUCKYCOVINGTON, KYHEALTHCARE CLINIC FOR HOMELESS ADULTS$100k
EVERY CHILD SUCCEEDS INCCINCINNATI, OHNURSE-FAMILY PARTNERSHIP PROGRAM$100k
GLAD HOUSECINCINNATI, OHCHAMPS PROGRAM, YEAR 1$100k
LEGAL AID SOCIETY OF GREATER CINCINNATICINCINNATI, OHHEALTH LAW PARTNERSHIPS$100k
LIVING ARRANGEMENTS FOR THE DEVELOPMENTALLY DISABLED INCCINCINNATI, OHPROGRAM SUPPORT$100k
MINDPEACECINCINNATI, OHSYSTEMS LEADERSHIP & SCHOOL CONSULTATION, YEAR 1$100k
SPRINGER SCHOOL & CENTERCINCINNATI, OHSPRINGER CENTER EXPANSION: DIAGNOSTICS CENTER SCHOLARSHIP FUND$100k
STEPPING STONES INCCINCINNATI, OHTECH ADVANCEMENTS FOR STEPPING STONES$100k
THE MAYERSON ACADEMY FOR HUMAN RESOURCE DEVELOPMENTCINCINNATI, OHSUPPORT FOR EDUCATION + MENTAL HEALTH ORGANIZATIONS, YEAR 1$100k
MENTAL HEALTH AMERICA OF NORTHERN KENTUCKY AND SOUTHWEST OHIOCINCINNATI, OHTEEN MENTAL HEALTH FIRST AID$85k
CHILDREN'S HOME OF NORTHERN KENTUCKYCHNK BEHAVIORAL HEALTHCOVINGTON, KYPROGRAM SUPPORT$75k
Compare this foundation's grantees

Up 3%
from 2022

From $90k in 2022 to $93k in 2023.

$90k
2022
$93k
2023
In today's dollarsEst.
Down 1% in real terms$104k to $103k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board Secretary pay rose 3% from 2022 to 2023, while revenue rose 541%.

$90k in 2022 to $93k in 2023.
  • Board Vice President pay rose 96% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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 ($150M - $1B), 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 MILLSTONE FUND

What does the Board Secretary of MILLSTONE FUND earn?

In 2023, the Board Secretary of MILLSTONE FUND received $93,030 in total compensation. This pay is in the top quarter for Board Secretary roles among Philanthropy, Voluntarism & Grantmaking organizations in Ohio, though not the top 10% of comparable filings. Based on IRS Form 990 data.

How does Board Secretary pay at MILLSTONE FUND compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Ohio, the 2023 pay of the Board Secretary at MILLSTONE FUND falls between the 75th and 90th percentiles. In 2023, the highest total compensation at MILLSTONE FUND equaled 1% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are MILLSTONE FUND's revenue and expenses?

In 2023, MILLSTONE FUND reported $5.5M in total revenue and $7.3M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.