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Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," on Form 990, Part IV, line 21 or 22.
Graphic Arrow Attach to Form 990.
Graphic Arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
MILTON ACADEMY
 
Employer identification number
04-2103603
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on Form 990, Part IV, line 21, for any recipient
that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC section
(if applicable)		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
noncash assistance		 (h) Purpose of grant
or assistance
(1) TOWN OF MILTON
525 CANTON AVENUE
MILTON,MA02186 		GOVERNMENT 200,000 0     VOLUNTARY GRANT
(2) MILTON FIRE DEPARTMENT
515 CANTON AVENUE
MILTON,MA02186 		GOVERNMENT 12,500 0     VOLUNTARY GRANT
(3) MILTON POLICE DEPARTMENT
40 HIGHLAND STREET
MILTON,MA02186 		GOVERNMENT 12,500 0     VOLUNTARY GRANT
(4) MILTON TEEN CENTER
525 CANTON AVENUE
MILTON,MA02186 		GOVERNMENT 7,500 0     VOLUNTARY GRANT
(5) MILTON LIBRARY FOUNDATION
PO BOX 314
MILTON,MA02186 		GOVERNMENT 7,500 0     VOLUNTARY GRANT
(6) MILTON FOUNDATION FOR EDUCATION
PO BOX 223
MILTON,MA02186 		GOVERNMENT 12,500 0     VOLUNTARY GRANT
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Graphic Arrow
6
3
Enter total number of other organizations listed in the line 1 table ........................ . Graphic Arrow
0
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2021
Page 2

Schedule I (Form 990) 2021
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Number of
recipients		 (c) Amount of
cash grant		 (d) Amount of
noncash assistance		 (e) Method of valuation (book,
FMV, appraisal, other)		 (f) Description of noncash assistance
(1) SCHOLARSHIPS 280   12,674,746 FAIR MARKET VALUE FINANCIAL AID ASSISTANCE
(2) SCHOLARSHIPS - MOUNTAIN SCHOOL 37   1,053,818 FAIR MARKET VALUE FINANCIAL AID ASSISTANCE
(3) SUPPLEMENTAL FINANCIAL AID 146   301,638 FAIR MARKET VALUE FINANCIAL AID ASSISTANCE
(4) FACULTY FINANCIAL AID 42   1,895,895 FAIR MARKET VALUE FINANCIAL AID ASSISTANCE
(4)
(5)
(6)
(7)
Part IV
Supplemental Information. Provide the information required in Part I, line 2; Part III, column (b); and any other additional information.
Return Reference Explanation
PART I, LINE 2: MOST GRANT EXPENSE CONSISTS OF SCHOLARSHIP AWARDS WHICH ARE CREDITED DIRECTLY TO STUDENT ACCOUNTS AT THE ACADEMY.
PART III, COLUMN (B): 145 OF THE STUDENTS THAT RECEIVED SUPPLEMENTAL FINANCIAL AID ARE PART OF THE SAME GROUP AS THE SCHOLARSHIPS WITH THE 280 RECIPIENTS.
Schedule I (Form 990) 2021



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