MILBANK COMMUNITY FOUNDATION

EIN 460427565 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2022.

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DAF assets
$42K
at fiscal year end
Grants out
$691K
from DAF accounts
Contributions in
$203K
received into DAFs
Payout rate
1631.1%
median is 12.5%
Accounts
4
funds held at year end
Average account
$11K
assets per fund

These figures are from fiscal year 2022 — the most recent Form 990 available for this organization. Later returns may have been filed but not yet released by the IRS or parsed into the dataset behind this page. Returns can take two to three years to work through that pipeline, so a gap here does not mean the organization stopped filing, and these numbers should not be read as current.

At 1631.1%, this sponsor granted several times its year-end balance. That is the signature of a pass-through platform: contributions are routed onward almost immediately, so little is ever held.

DAF assets by year

$691K
FY2019
$696K
FY2020
$529K
FY2021
$42K
FY2022

Grants paid by year

$82K
FY2019
$501K
FY2020
$651K
FY2021
$691K
FY2022

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 22 grant lines totalling $849K across 2019–2024 — $39K per line.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
City of MilbankEIN 466000291 SD$429K
Grant County Heart & Diabetes Association runs a DAF programEIN 460427565 SD$278K
Milbank Ball Diamond AssociationEIN 208783287 SD$46K
Milbank Community TransitEIN 460421111 SD$38K
Imagination LibraryEIN 466014918 SD$31K
Lions Swim TeamEIN 830773601 SD$13K
Lions Swim TeamEIN 460403805 SD$7K
IcapEIN 460282131 SD$6K

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2022, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.