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ABBY S & HOWARD P MILSTEIN FOUNDATION HOWARD P MILSTEIN TRUSTEE
NEW YORK, NY · EIN 133921824 · Form 990PF · FY2024 · NTEE T70Z · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$1.5M
expenses
$994
net assets
$677K
employees
—
profile · synthesized from sources

Private foundation based in New York that makes grants to nonprofit organizations in support of education, public broadcasting, medical research, and cultural institutions. Primary grantees include Cornell University, The New York Public Library, and PBS Foundation. Operates as a grantmaking entity with no direct service programs indicated.

named programs · 1 · from sources

What they call their work

General Grant Program
Unrestricted and restricted grants to 501(c)(3) organizations in education, medicine, arts, and public media
activities · 5 groups

What they do

  • University-Specific Endowment and Program Funding 1 activity
    • Funding grants to educational institutions
      Provides multi-year financial support to universities and educational organizations, including Cornell University and Cambridge in America, with documented grants totaling over $2.3 million between 2020 and 2024.
  • Art Museum Funding and Support 1 activity
    • Funding grants to public libraries and cultural institutions
      Supports public cultural and educational access through grants to institutions such as The New York Public Library and PBS Foundation, awarding $825,000 in 2024 and $800,000 in 2023 to the library alone.
  • Jewish Religious Institution Support 1 activity
    • Funding interfaith and Jewish community organizations
      Supports Jewish and interreligious initiatives through grants to organizations such as the American Jewish Committee and the Tanenbaum Center for Interreligious Understanding, with contributions up to $50,000.
  • Performing Arts Production Support 1 activity
    • Funding international arts and music education
      Provides financial support to international arts institutions, including a grant of $24,393 to the Royal College of Music in 2023.
  • General Operating Support Grants 1 activity
    • Funding medical research and health organizations
      Provides financial support to health-focused nonprofits including Weill Cornell Medical Center and The American Skin Association, with grants awarded up to $711,460 for medical research and related initiatives.
financials · form 990PF · fy2024
revenue
Total revenue$1.51M
Contributions & grants$1.50M99%
Program service revenue——
Investment income$10K1%
Other revenue—
expenses
Total expenses$994
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$0
Grants paid out$1.42M
balance sheet
Total assets$677K
Cash—
Investments—
Liabilities—
Net assets$677K
3 years on record · 2020–2024 · YoY revenue -47.2%
leadership · form 990 part vii · fy2024

Who runs it

board members · 2
  • ABBY S MILSTEIN — TRUSTEE
  • HOWARD P MILSTEIN — TRUSTEE
relationships · 9

Who they work with

  • American Jewish Committee Partner — Receives grant funding from the foundation
  • Cambridge in America Partner — Receives grant funding from the foundation
  • Cornell University Partner — Receives grant funding from the foundation
  • PBS Foundation Partner — Receives grant funding from the foundation
  • Royal College of Music Partner — Receives grant funding from the foundation
  • Tanenbaum Center for Interreligious Understanding Partner — Receives grant funding from the foundation
  • The American Skin Association Partner — Receives grant funding from the foundation
  • The New York Public Library Partner — Receives grant funding from the foundation
  • Weill Cornell Medical Center Partner — Receives grant funding from the foundation