Milburn Foundation Inc

The Milburn Foundation Inc (EIN: 841191277) is a US-based private charitable organization dedicated to supporting progressive research in healthcare, particularly focusing on two primary causes: Inflammatory Breast Cancer (IBC) and Frontotemporal Degeneration/Dementia (FTD).

Mission

The foundation aims to foster world-class philanthropic collaborations, emphasizing innovative research and programs that enhance our understanding and treatment of these diseases. In the realm of breast cancer, it has an established history of supporting research for aggressive forms like Inflammatory and Triple Negative Breast Cancer, often working alongside prominent breast cancer organizations to amplify its impact.

Partnerships and Initiatives

One of the Milburn Foundation's most notable collaborations is with Susan G. Komen and the Inflammatory Breast Cancer Research Foundation (IBCRF). Together, they launched a significant initiative in 2016 to accelerate research on Inflammatory Breast Cancer. This partnership has led to the development of innovative diagnostic tools and has facilitated critical research grants aimed at improving outcomes for IBC patients. Notably, their joint efforts have resulted in significant fundraising campaigns, helping to advance the understanding and diagnosis of IBC.

Financial Overview

As a private grantmaking foundation, the Milburn Foundation relies on contributions, investment income, and dividends as primary sources of revenue. In recent years, it has reported total revenues ranging between $281,000 and $311,000 annually, with expenditures primarily focused on charitable disbursements, which have accounted for a substantial portion of its expenses.

Leadership

The foundation is led by key figures, including Bryon Davis as President and Michelle Davis as Chief Financial Officer. Both leaders have been recognized for their strategic philanthropic efforts, including an "Outstanding Philanthropist" award from Susan G. Komen Greater Central and East Texas. The organization's directors and officers do not receive compensation, reflecting the foundation's commitment to maximizing the impact of its resources on its charitable objectives.

Impact and Recognition

The Milburn Foundation has been recognized for its innovative approach to philanthropy, especially in the area of matching gift campaigns and collaborative fundraising strategies. Its partnerships have not only raised substantial funds for research but have also helped build momentum and awareness around critical health issues, marking it as a significant contributor to the philanthropic landscape in healthcare research.