NonprofitsThe Milken Institute

The Milken Institute

SANTA MONICA, CA

Total revenue

$389.0M

Total expenses

$151.4M

Net assets

$1.3B

Grants received

$225.2M

307 grants

EIN

954240775

Tax year

2024

Mission

To advance solutions that widen access to capital, create jobs and improve health.

Programs

2 programs

The milken institute actively engages and educates leaders in business, seminars and conferences related to its charitable purpose. These include: global conference, future of health summit, asia summit, middle east and africa summit. The senior staff and fellows speak regularly at events across the united states and around the world. They are available for speaking at conferences and seminars on a variety of topics.

Expenses: $17.7M

The milken institute pursues its mission through applied economic research and publishes the milken institute review - a quarterly magazine that provides a forum for analysis and commentary on u.s. And global economic policy and practice.

Expenses: $2.5M

Financials

FY 2024

Revenue

Contributions & grants$356.2M
Program service revenue$3.2M
Investment income$28.4M
Other revenue$1.2M
Total revenue$389.0M

Expenses

Grants paid$52.4M
Salaries & benefits$47.2M
Fundraising$5.3M
Other expenses$51.3M
Total expenses$151.4M
Total assets$1.5B
Net assets$1.3B

People

18 listed

NameRoleCompensation

RICHARD DITIZIO

CHIEF EXECUTIVE OFFICER & PRESIDENT

Board

$1.0M

40 hrs/wk

JOHN HUNTER

COO & CFO

Board

$529K

40 hrs/wk

MICHAEL L KLOWDEN

EXECUTIVE VICE CHAIRMAN

Board

$39K

40 hrs/wk

GREGORY MILKEN

DIRECTOR

Board

0.3 hrs/wk

LANCE MILKEN

DIRECTOR

Board

0.3 hrs/wk

RALPH FINERMAN

TREASURER

Board

2 hrs/wk

KNEELAND YOUNGBLOOD

DIRECTOR

Board

0.3 hrs/wk

MICHAEL MILKEN

CHAIRMAN

Board

15 hrs/wk

LORI MILKEN

DIRECTOR

Board

0.3 hrs/wk

RICHARD SANDLER

SECRETARY

Board

2 hrs/wk

DR YVONNE CHAN

DIRECTOR

Board

0.3 hrs/wk

MARIANO GUZMAN

DIRECTOR

Board

0.3 hrs/wk

DR FREDA LEWIS-HALL

DIRECTOR

Board

0.3 hrs/wk

MELISSA STEVENS

EXECUTIVE VICE PRESIDENT

Staff

$515K

40 hrs/wk

ESTHER KROFAH

EXECUTIVE VICE PRESIDENT

Staff

$515K

40 hrs/wk

SARAH SANDLER

EXEC DIR-BUSINESS & PROG DEVELOPMENT

Staff

$505K

40 hrs/wk

RACHEL GOSLINS

EXEC DIRECTOR - MCAAD

Staff

$489K

40 hrs/wk

MARTHA MAZZONE

GENERAL COUNSEL

Staff

$467K

40 hrs/wk

Independent contractors

THE JOHN AKRIDGE COMPANY

CONSTRUCTION AND PROPERTY MANAGEMENT

$61.1M

JAMES G DAVIS CONSTRUCTION CORPORATION

CONSTRUCTION

$16.2M

DESIGN AND PRODUCTION INCORPORATED

ART EXHIBIT DEVELOPMENT

$13.2M

4WALL ENTERTAINMENT INC

ENTERTAINMENT & PRODUCTION

$10.2M

RAND CONSTRUCTION CORPORATION

ARCHITECTURE AND CONSTRUCTION

$8.1M

Grants received

Showing 200 of 307

FromAmountPurposeYear
$5M
General Operating Support
2024
$3.4M
MEDICAL / PUBLIC SERVICES
2024
$530K
MEDICAL RESEARCH
2024
$500K
to support a strategic framework for collaboration on food as medicine initiatives
2024
$400K
EDUCATION
2024
$333K
TO ADVANCE SOLUTIONS FOCUSING ON FINANCIAL, PHYSICAL, MENTAL, AND ENVIRONMENTAL HEALTH.
2024
$300K
ORGANIZATION'S CHARITABLE PURPOSE
2024
$250K
General Support
2024
$250K
GIFT TO SUPPORT THE PHILANTHROPIC INVESTORS FORUM
2024
$250K
FOR THE NEW GEO-ECONOMICS INITIATIVE
2024
$250K
TO SUPPORT COACHING FOR WORKFORCE READINESS.
2024
$250K
CHARITABLE GIFT
2024
$220K
LANDSCAPE ANALYSIS PROJECT
2024
$211K
UNRESTRICTED GENERAL SUPPORT
2024
$200K
DEVELOPMENT
2024
$180K
82330 SUPPORTING THE 2025 10,000 COMMUNITIES PUBLIC FINANCE FORUM, WITH THE AIM TO DRIVE A LONG-TERM SHIFT TO LOCAL ECONOMIC EQUITY AND CLIMATE RESILIENCE
2024
$170K
GENERAL SUPPORT
2024
$125K
SUPPORT FOR 2024 GENERAL OPERATING EXPENSES. 202405-15154
2024
$100K
INFRASTRUCTURE TO FACILITATE KNOWLEDGE AND RESOURCES TO ADVANCE ECONOMIC AND SOCIAL MOBILITY.
2024
$100K
General & Unrestricted
2024
$100K
Chairmans Circle
2024
$100K
HIGHER ED & RESEARCH INST. & PROGS
2024
$75K
TO SUPPORT EDUCATION AND OUTREACH TO BUILD AN EQUITABLE CLEAN ENERGY FUTURE.
2024
$67K
HIGHER ED & RESEARCH INST. & PROGS
2024
$62K
TO SUPPORT THE INITIATIVE FOR INCLUSIVE ENTREPRENEURSHIP
2024
$50K
COMMUNITY SUPPORT
2024
$50K
TO SUPPORT PROGRAMS TO IMPROVE THE LIVES AND ECONOMIC CONDITIONS OF DIVERSE POPULATIONS.
2024
$50K
CENTER FOR THE FUTURE OF AGING LEADERSHIP COUNCIL MEMBERSHIP
2024
$50K
RESEARCH SPONSORSHIP
2024
$50K
EVENT SPONSORSHIP
2024
$50K
General Welfare-To aid in achieving the exempt purpose of the various donee organizations.
2024
$25K
GENERAL SUPPORT
2024
$25K
ALZHEIMERS RESEARCH
2024
$25K
UNRESTRICTED GRANT FOR DONEE'S EXEMPT PURPOSE
2024
$25K
Donation to support the Alliance to Improve Dementia Care
2024
$25K
WORK ON THE ALLIANCE TO IMPROVE DEMENTIA CARE AND AROUND THE NATIONAL MULTISECTOR PLAN ON AGING
2024
$17K
ACCELERATING THERAPY DEVELOPMENT FOR UTERINE LEIOMYOSARCOMA
2024
$15K
UNRESTRICTED GENERAL
2024
$13K
IRC SEC. 170(c) ORGANIZATIONS - PUBLIC CHARITIES
2024
$10K
UNRESTRICTED CONTRIBUTION FOR EXEMPT PURPOSES.
2024
$11.5M
INTERNATIONAL
2023
$10.4M
For grant recipient's exempt purposes
2023
$9.3M
TO FURTHER PROGRAM SERVICES
2023
$5.6M
EDUCATION
2023
$2.6M
PUBLIC CHARITY
2023
$2.5M
DONEE'S TAX EXEMPT PURPOSE
2023
$1.3M
MILKEN SCHOLARS PROGRAM
2023
$1M
Youth Development
2023
$1M
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2023
$1M
TO SUPPORT THE MILKEN CENTER FOR ADVANCING THE AMERICAN DREAM
2023
$886K
CONTRIBUTION
2023
$655K
TO HELP SUPPORT HELPING PEOPLE PURSUE EDUCATION AND GAINFUL EMPLOYMENT.
2023
$550K
MEDICAL / PUBLIC SERVICES
2023
$500K
CORE SUPPORT TO THE MILKEN INSTITUTES 10,000 COMMUNITIES INITIATIVE TO FACILITATE THE EQUITABLE IMPLEMENTATION OF RECENT FEDERAL INVESTMENTS FOR COMMUNITY AND CLIMATE RESILIENT INFRASTRUCTURE.
2023
$467K
GENERAL SUPPORT
2023
$401K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$350K
FOR USE BY ITS FASTERCURES CENTER, DEVELOPING A DATA GOVERNANCE FRAMEWORK WHICH WILL SUPPORT EARLY WARNING ACTIVITIES, AND DISCOVERING POTENTIAL INNOVATIVE FINANCING MECHANISMS FOR GLOBAL PANDEMIC PREVENTION AND PREPAREDNESS.
2023
$333K
TO ADVANCE SOLUTIONS FOCUSING ON FINANCIAL, PHYSICAL, MENTAL, AND ENVIRONMENTAL HEALTH.
2023
$325K
Mission Fund
2023
$325K
General operating support and project support
2023
$298K
YOUTH DEVELOPMENT
2023
$250K
FOR THE NEW GEO-ECONOMICS INITIATIVE
2023
$250K
SUPPORT TO EXPAND FOR THE 2023-24 MILKEN INSTITUTE MIDWEST HBCU FELLOWS PROGRAM TO PROVIDE MENTORSHIP, TRAINING, AND PROFESSIONAL DEVELOPMENT FOR STUDENTS FROM UNDERREPRESENTED POPULATIONS INTERESTED IN ASSET MANAGEMENT CAREERS. 202305-13931
2023
$250K
To support the Corporate Philanthropy Leadership Collective
2023
$250K
FASTERCURES LEADERSLINK PROGRAM EXPANSION
2023
$250K
SUPPORT FOR LAUNCH OF HBCU FELLOWS PROGRAM TO PROVIDE MENTORSHIP, TRAINING, AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES THAT TARGETS BIPOC STUDENTS INTERESTED ASSET MANAGEMENT CAREERS. 202202-11960
2023
$250K
OPERATIONS
2023
$250K
GIFT TO SUPPORT THE PHILANTHROPIC INVESTORS FORUM
2023
$250K
To support the 2023 Milken Global Conference
2023
$200K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2023
$200K
FOR GENERAL SUPPORT OF CHARITABLE PURPOSES.
2023
$200K
GLOBAL PANDEMIC PREVENTION AND PREPAREDNESS
2023
$130K
UNRESTRICTED GENERAL SUPPORT
2023
$120K
LANDSCAPE ANALYSIS PROJECT
2023
$115K
TO SUPPORT THE MISOPHONIA RESEARCH FOUNDATION (MRF) ANNUAL MEETING SCOPE EXPANSION. FOR CENTER FOR STRATEGIC PHILANTHROPY FOR AN MRF ADDENDUM FOR NEXT PHASE OF COMMUNICATING MISOPHONIA RESEARCH TO RAISE PUBLIC AND SCIENTIFIC AWARENESS.
2023
$100K
TO SUPPORT THE CHARITY'S MISSION.
2023
$100K
Charitable operations
2023
$100K
General & Unrestricted
2023
$70K
BLUEFIELD PROJECT
2023
$63K
TO SUPPORT ANNUAL FUND
2023
$50K
HIGHER ED & RESEARCH INST. & PROGS
2023
$50K
CENTER FOR THE FUTURE OF AGING
2023
$50K
Charitable Contribution
2023
$50K
To support a CA climate conference
2023
$50K
HIGHER ED & RESEARCH INST. & PROGS
2023
$50K
General support for programs, operations and other charitable purposes
2023
$50K
Independent economic think tank that publishes research and hosts conferences that apply market-based principles and financial innovations to social issues.
2023
$50K
TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION
2023
$50K
RESEARCH SPONSORSHIP
2023
$50K
TO SUPPORT PROGRAMS TO IMPROVE THE LIVES AND ECONOMIC CONDITIONS OF DIVERSE POPULATIONS.
2023
$47K
IRC SEC. 170(c) ORGANIZATIONS - PUBLIC CHARITIES
2023
$35K
80162 ASSISTING COMMUNITIES HISTORICALLY EXCLUDED FROM OPPORTUNITY IN SECURING FEDERAL INFRASTRUCTURE FUNDING FOR COMMUNITY DEVELOPMENT PROJECTS
2023
$30K
GENERAL USE OF THE DONEE
2023
$28K
PUBLIC, SOCIETAL BENEFIT
2023
$25K
Grant to support 2023 Alliance to Improve Dementia Care
2023
$25K
ADVANCING HEALTH AND CLIMATE EQUITY: TO SUPPORT THE ENGAGEMENT AND PARTICIPATION OF COMMUNITY ORGANIZATIONS AND LEADERS FROM ACROSS CALIFORNIA AT A CONFERENCE WHICH WILL EXPLORE CHALLENGES AND OPPORTUNITIES TO LEVERAGE PUBLIC FUNDING FOR LOCAL CLIMATE EQUITY PROJECTS, TO BUILD AN ENVIRONMENT THAT ENABLES COMMUNITIES MOST IMPACTED BY CLIMATE CHANGE TO LEAD THE RESPONSE AND TO USE AVAILABLE PUBLIC FUNDING TO CATALYZE COMMUNITY DEVELOPMENT THAT ADVANCES HEALTH AND WELL-BEING.
2023
$25K
FOR GENERAL SUPPORT OF ITS MISSION
2023
$25K
BLUEFIELD PROJECT
2023
$25K
GENERAL ASSISTANCE
2023
$25K
UNRESTRICTED GRANT FOR DONEE'S EXEMPT PURPOSE
2023
$25K
Support for The Center for the Future of Agings report, "Reducing the Price and Risk of Dementia: Recommendations to Improve Brain Health and Reduce Disparities
2023
$25K
TO FOCUS ON ACCELERATING MEASURABLE PROGRESS ON THE PATH TO A MEANINGFUL LIFE
2023
$25K
CENTER FOR THE FUTURE OF AGING LEADERSHIP COUNCIL MEMBERSHIP
2023
$14K
TO PROVIDE SUPPORT TO CHARITABLE ENTITY
2023
$13K
UNRESTRICTED GENERAL
2023
$13K
MEDICAL RESEARCH
2023
$10K
SPONSOR -PUBLIC FINANCE PROGRAM
2023
$10K
TO SUPPORT THE ORGANIZATION'S MISSION.
2023
$10K
Operating Support/Annual Fund
2023
$10K
PROJECT SUPPORT FOR THE 24 SGC CATALYST CONFERENCE TO ACCELERATE THE DEVELOPMENT OF CLIMATE EQUITY PROJECTS THAT FOCUS ON CLEAN ENERGY, TRANSIT, AFFORDABLE HOUSING, WORKFORCE DEVELOPMENT, & POLLUTION REDUCTION IN CALIFORNIA'S UNDERSERVED COMMUNITIES.
2023
$10K
GENERAL SUPPORT
2023
$5K
Advocacy
2023
$3K
PROGRAM/OPERATING SUPPORT
2023
$28.1M
TO FURTHER PROGRAM SERVICES
2022
$19.0M
HIGHER ED & RESEARCH INST. & PROGS
2022
$2.6M
LAUNCH AND FOSTER A NEW SCIENTIFIC COMMUNITY IN METABOLIC PSYCHIATRY.
2022
$2.6M
LAUNCH AND FOSTER A NEW SCIENTIFIC COMMUNITY IN METABOLIC PSYCHIATRY.
2022
$2.5M
DONEE'S TAX EXEMPT PURPOSE
2022
$1.9M
PUBLIC, SOCIETAL BENEFIT
2022
$1.8M
MEDICAL RESEARCH PROGRAMS
2022
$1.4M
Founder Support for the Milken Center for Advancing the American Dream ("MCAAD"), support for MCAAD, Founder Support for the Milken Center for Advancing the American Dream (MCAAD), support for Global Gourmet Games 2023 (no tickets or tangible benefits), support for 2023 South Florida Dialogues (no tickets or tangible benefits)
2022
$1M
Infrastructure to facilitate knowledge and resources.
2022
$934K
EDUCATION
2022
$830K
For grant recipient's exempt purposes
2022
$600K
For equitable development opportunities
2022
$502K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$500K
SUPPORT FOR LAUNCH OF HBCU FELLOWS PROGRAM TO PROVIDE MENTORSHIP, TRAINING, AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES THAT TARGETS BIPOC STUDENTS INTERESTED ASSET MANAGEMENT CAREERS. 202202-11960
2022
$500K
To support Corporate Philanthropic Leadership Collective
2022
$400K
GENERAL UNRESTRICTED FUND GRANT
2022
$393K
TO HELP SUPPORT HELPING PEOPLE PURSUE EDUCATION AND GAINFUL EMPLOYMENT.
2022
$315K
80162 ASSISTING COMMUNITIES HISTORICALLY EXCLUDED FROM OPPORTUNITY IN SECURING FEDERAL INFRASTRUCTURE FUNDING FOR COMMUNITY DEVELOPMENT PROJECTS
2022
$300K
CHARITABLE IRC 170 (C)(2)
2022
$250K
Youth Development
2022
$250K
OPERATIONS
2022
$250K
FASTERCURES LEADERSLINK PROGRAM EXPANSION
2022
$225K
IN SUPPORT OF UNDERSERVED SMALL BUSINESS EXPANSION
2022
$215K
IN FURTHERANCE OF GRANTEE'S TAX-EXEMPT PURPOSE
2022
$200K
FOR GENERAL SUPPORT OF CHARITABLE PURPOSES.
2022
$200K
IMPROVE ELECTRICITY SERVICES IN NIGERIA
2022
$145K
Project-Based
2022
$105K
CONTRIBUTION
2022
$102K
PUBLIC, SOCIETAL BENEFIT
2022
$100K
SUPPORT TO CAMPAIGN GIFT
2022
$100K
PUB CHAR
2022
$100K
UNRESTRICTED GENERAL SUPPORT
2022
$75K
HIGHER ED & RESEARCH INST. & PROGS
2022
$60K
HIGHER ED & RESEARCH INST. & PROGS
2022
$50K
Independent economic think tank that publishes research and hosts conferences that apply market-based principles and financial innovations to social issues.
2022
$50K
EXEMPT PURPOSE OF ORGANIZATION
2022
$50K
COMMUNITY
2022
$50K
To support the California Policy Forum
2022
$50K
HELD ANNUALLY, THE PUBLIC FINANCE FORUM BRINGS TOGETHER INNOVATORS, INVESTORS, AND ISSUERS FROM ACROSS THE $4 TRILLION PUBLIC SECTOR COMMITTED TO EQUITABLE DEVELOPMENT AND THE EFFECTIVE DELIVERY AND FINANCING OF ESSENTIAL SERVICES FROM PUBLIC SAFETY TO BROADBAND TO EDUCATION.
2022
$50K
GENERAL PURPOSE
2022
$47K
IRC SEC. 170(c) ORGANIZATIONS - PUBLIC CHARITIES
2022
$45K
TO ADVANCE SOLUTIONS THAT WIDEN ACCESS TO CAPITAL, CREATE JOBS AND IMPROVE HEALTH.
2022
$33K
CHARITABLE PURPOSE
2022
$25K
GENERAL CHARITABLE PURPOSE
2022
$25K
TOWARD THE COSTS OF CONVENING A TASKFORCE TO ELEVATE THE ROLE OF HEALTHCARE IN INCREASING EQUITABLE ACCESS TO HEALTHY FOOD
2022
$25K
GENERAL SUPPORT
2022
$25K
ADVANCING HEALTH AND CLIMATE EQUITY: TO SUPPORT THE ENGAGEMENT AND PARTICIPATION OF COMMUNITY ORGANIZATIONS AND LEADERS FROM ACROSS CALIFORNIA AT A CONFERENCE WHICH WILL EXPLORE CHALLENGES AND OPPORTUNITIES TO LEVERAGE PUBLIC FUNDING FOR LOCAL CLIMATE EQUITY PROJECTS, TO BUILD AN ENVIRONMENT THAT ENABLES COMMUNITIES MOST IMPACTED BY CLIMATE CHANGE TO LEAD THE RESPONSE, AND TO USE AVAILABLE PUBLIC FUNDING TO CATALYZE COMMUNITY DEVELOPMENT THAT ADVANCES HEALTH AND WELL-BEING.
2022
$25K
Support for The Center for the Future of Agings report, "Reducing the Price and Risk of Dementia: Recommendations to Improve Brain Health and Reduce Disparities
2022
$25K
In support of the Milken Institute with a focus on financial, physical, mental, and environmental health, they bring innovative resourcing to develop blueprints for tackling some of our most critical global issues through the lens of what's pressing now and what's coming next.
2022
$25K
Sponsorship of the 2022 Alliance to Improve Dementia Care
2022
$25K
THIS PROJECT SUPPORTS THE ALLIANCE TO IMPROVE DEMENTIA CARE STEERING COMMITTEE, WHICH IS WORKING WITH CALIFORNIA LEADERS TO PILOT TEST A MODEL TO PROVIDE COMPREHENSIVE DEMENTIA-CARE TO CALIFORNIA RESIDENTS LIVING WITH DEMENTIA AND THEIR CAREGIVERS.
2022
$25K
TO SUPPORT THE ALLIANCE TO IMPROVE DEMENTIA CARE STEERING COMMITTEE.
2022
$15K
GENERAL SUPPORT
2022
$15K
CHARITABLE CONTRIBUTION
2022
$13K
GENERAL CHARITABLE PURPOSES
2022
$13K
TO PROVIDE SUPPORT TO CHARITABLE ENTITY
2022
$10K
UNRESTRICTED GENERAL
2022

Funded by

$225.2M from 158 funders · 307 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$50.1M · 8 grants · 2017–2023

The Michael And Lori Milken Family

$45.2M · 4 grants · 2019–2023

Dauten Family Foundation

$37.4M · 2 grants · 2022–2023

National Philanthropic Trust

$17.1M · 6 grants · 2017–2023

Resnick Foundation

$7.5M · 3 grants · 2019–2023

Merkin Family Foundation

$7.3M · 3 grants · 2021–2023

The Baszucki Family Foundation

$5.3M · 2 grants · 2022

Details

EIN954240775
Subsection03
Ruling date1991-05
Formed1989
Employees357
Volunteers0
THE MILKEN INSTITUTE — Mission, Financials & Grants Received | Grantivo