Overview
What is The Millhill Foundation Inc?
The Millhill Foundation Inc, located at 101-A Oakland Street, Trenton, New Jersey 08618, is a nonprofit organization that focuses on fostering partnerships with families to aid in their personal growth. They achieve this mission through various programs, including early childhood education, support for teenagers and young adults, and therapeutic assistance for families. The foundation rents buildings to an affiliated nonprofit for the execution of these programs, ensuring a comprehensive and supportive environment for the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star rating
The Millhill Foundation Inc has achieved a remarkable score of 94% on Charity Navigator, earning it a Four-Star rating. This high score reflects the organization's strong commitment to accountability and financial transparency, with the entire score coming from its Accountability & Finance metrics. The organization demonstrates effective governance, evident from its fully independent board and robust oversight practices.
Key strengths include the absence of any material diversion of assets, a well-structured conflict of interest policy, and the presence of essential policies like whistleblower and document retention measures. Furthermore, Millhill Foundation allocates a significant portion of its expenses towards programs, with a program expense ratio of over 90%, indicating a strong focus on impact rather than administrative costs.
However, while the foundation scores highly on accountability and finance, the data does not provide insights into programmatic outcomes or community impact, which are critical for a comprehensive evaluation. Overall, The Millhill Foundation Inc stands out for its fiscal responsibility and governance practices, making it a trustworthy choice for donors seeking to support effective nonprofit initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is The Millhill Foundation Inc legitimate?
The Millhill Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Millhill Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of The Millhill Foundation Inc?
The Millhill Foundation Inc is committed to establishing collaborative relationships with families, assisting them in realizing their distinctive capabilities. This mission is accomplished through the backing of initiatives focused on early childhood education, supporting teenagers and young adults, and providing therapeutic assistance for families. The organization achieves its objectives by sponsoring programs that cater to these various areas.
Who is the CEO of The Millhill Foundation Inc?
Jigna Rao is the CEO of The Millhill Foundation Inc The CEO's salary of The Millhill Foundation Inc is $0 and their total compensation is $139,786.
What is the revenue of The Millhill Foundation Inc?
The Millhill Foundation Inc's revenue in 2024 was $656,318.
Who are the executives of The Millhill Foundation Inc and what are their salaries?
There 50 volunteers at The Millhill Foundation Inc.
Here are 10 key members and their salaries (The Millhill Foundation Inc's CEO's salary is $0 and their total compensation is $139,786):
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- Related: $198,069
- Other: $12,190
- Compensation: $0
- Related: $127,585
- Other: $12,201
Where can I find the form 990 for The Millhill Foundation Inc?
The Millhill Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of The Millhill Foundation Inc
The Millhill Foundation, as a dedicated organization, is committed to fostering partnerships with families to aid them in realizing their unique potential. This mission is achieved through the organization's support of programs that focus on early care and education, adolescents and young adults, and therapeutic assistance for families. By providing these resources, The Millhill Foundation seeks to empower families and help them thrive.
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Impact
October, 2024
The Millhill Foundation Inc plays a vital role in fostering the development of families and children in Trenton, NJ. By providing resources and support for early childhood education, family engagement, and youth programs, the foundation enhances the well-being of the community. Through partnerships with families, it assists them in realizing their unique potential and overcoming challenges. The foundation’s focus includes programs for teenagers and young adults, as well as therapeutic support for families, addressing diverse needs and promoting overall family health. By offering a nurturing environment and vital services, The Millhill Foundation strengthens the fabric of the community, empowering individuals and families to thrive.
This information is meant to be a general summary of The Millhill Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $19,398
- Program Service Revenue: $243,147
- Gross Receipts: $656,318
Assets and Liabilities:
- Total Assets: $2,332,481
- Total Liabilities: $426,123
- Net Assets: $1,906,358
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$243,147
Organization Details
Founding Year
2001
Principal Officer
Steven Rosen
NTEE Category
Code: P40 - Human services
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