Answers for plaintiffs,
attorneys, and donors about nonprofit litigation funding.
The Milestone Foundation is committed to radical transparency. Below you’ll find answers to the most common questions we receive. If you don’t see your question here, please reach out to our team — we’re happy to help.
For Applicants (Plaintiffs)
We charge just 15% simple interest — never compounding — for pre-settlement funding, and 10% simple interest for post-settlement funding. Our funding is always non-recourse. We are interested in helping people first and foremost, not making a profit.
Pre-settlement funding, or a lawsuit advance, is a cash advance provided to you to cover essential living expenses while waiting for your lawsuit to settle. It is not a loan, as repayment is only required if you win your case.
Post-settlement funding, is a cash advance provided to you to cover essential living expenses if you have already signed a settlement agreement and need an advance urgently.
No. Our funding is non-recourse, which means if your case does not settle, you owe nothing.
We never run credit checks and your credit will not be impacted.
Advances are intended for essential living expenses such as housing, utilities, groceries, and reliable transportation.
Yes, the process is very easy. Just fill out our application and you will hear back from our case manager shortly.
No, you must be working with an attorney on your case in order to receive funding.
Yes, your attorney must approve the funding request. Our case manager will reach out directly to them to discuss the case.
For Attorneys
We coordinate directly with attorneys to confirm case details, but attorneys remain fully in control of legal strategy and outcomes. An attorney does have to acknowledge that they are aware their client is receiving pre- or post-settlement funding.
Referring to The Milestone Foundation ensures your clients receive the lowest consumer litigation funding in the nation. It prevents your clients from taking out funding from for-profit funders who charge high interest rates. It gives your clients access to funding that will help them cover their basic living expenses while allowing their lawsuit to run its course to its just end.
We support a wide range of personal injury and civil cases, including medical malpractice, product liability, sex abuse, and mass torts.
Yes. Attorneys can join our Membership Program, designate The Milestone Foundation for Cy Pres Awards, become a corporate sponsor, or make a tax-deductible charitable contribution.
No, we don’t need a cap because we don’t overcharge.
On average, at our rates, it would take an advance 6.67 years to double, and 13.33 years to triple.
With low, simple interest, our clients aren’t facing rapidly compounding balances or inflated paybacks. Just fair funding, designed to support plaintiffs.
Pre-settlement funding provides plaintiffs with funds for basic living expenses, so they don’t have to sacrifice everyday needs during litigation.
For Donors & Supporters
Yes. The Milestone Foundation is a registered 501(c)(3) nonprofit. Donations are tax-deductible to the fullest extent of the law.
100% of gifts go directly toward supporting plaintiffs’ essential living expenses during litigation.
Being a nonprofit means that our organization exists to advance a mission rather than generate profits for owners or shareholders. Any funds we receive, whether through repaid advances, donations, grants or partnerships, are reinvested directly into our programs, services and initiatives.
Our Tax ID is 81-1207829.
You can subscribe to our mailing list, follow us on social media, and check back on our website for updates!
We are committed to radical transparency. Annual reports and disclosures are available upon request. The Milestone Foundation has a Platinum Seal of Transparency from Candid which can be viewed here.
In addition to individual giving, you can participate in Corporate Sponsorships or designate The Milestone Foundation as a Cy Pres Award recipient.
Still Have Questions?
We’re Here to Help.
Whether you’re a plaintiff, attorney, or supporter, our team is ready to answer your questions and guide you toward the next step. Email contact@themilestonefoundation.org or call 716-970-7100.