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EIN 82-1927087

The Michael and Lori Milken Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Santa Monica
State
California
Year formed
2018
Most recent tax filings
2022-11-01
NTEE code, primary
T20: Private Foundations
Description
The Michael and Lori Milken Family Foundation is a private foundation located in Santa Monica, CA. It made 130 grants last year. Its grantees include the Milken Institute. Its trustees are Michael Milken, Lori Milken, and Richard Sandler.
Total revenues
$94,177,090
2022
Total expenses
$20,514,438
2022
Total assets
$368,665,367
2022
Num. employees
n/a

Grants made by The Michael and Lori Milken Family Foundation

GranteeGrant descriptionAmount
The Milken InstituteHigher Ed & Research Inst. & Progs$15,664,454
Brentwood SchoolPreschool - 12th Grade Programs$325,000
Ownership WorksCommunity Centers & Programs$250,000
...and 56 more grants made totalling $17,717,954

Personnel at The Michael and Lori Milken Family Foundation

NameTitleCompensation
Richard SandlerTrustee$150,000

Financials for The Michael and Lori Milken Family Foundation

RevenuesFYE 11/2022
Total grants, contributions, etc.$16,290,790
Investment income and dividends$272,917
Net rental income$0
Net gain from sale of non-inventory assets$71,873,536
Gross sales of inventory$0
Miscellaneous revenues$5,739,847
Total revenues$94,177,090

Form 990s for The Michael and Lori Milken Family Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-112023-10-16990PFView PDF
2021-112022-10-14990PFView PDF
2020-112021-10-14990PFView PDF
2019-112021-08-20990PFView PDF
2018-112019-11-12990PFView PDF
...and 1 more Form 990

Organizations like The Michael and Lori Milken Family Foundation

OrganizationLocationRevenue
H&H Evergreen FoundationMenlo Park, CA$39,435,652
Jack Chehebar FoundationBrooklyn, NY$24,666,175
Kelson FoundationSan Francisco, CA$38,630,708
The Robert and Jane Toll FoundationPhiladelphia, PA$68,741,038
Anne T and Robert M Bass FoundationFort Worth, TX$24,112,798
Katherine Wells Macmillan FoundationMinneapolis, MN$61,218,359
The Bob & Renee Parsons FoundationScottsdale, AZ$25,684,889
Herbert Feinberg Family FoundationNew York, NY$77,060,526
Patrick G and Shirley W Ryan FoundationChicago, IL$43,526,457
Ormjmp FoundationBoca Raton, FL$55,042,627
Data update history
July 27, 2023
Posted financials
Added Form 990PF for fiscal year 2021
August 11, 2022
Posted financials
Added Form 990PF for fiscal year 2020
August 2, 2022
Updated personnel
Identified 6 new personnel
August 2, 2022
Used new vendors
Identified 3 new vendors, including , , and
March 1, 2022
Posted financials
Added Form 990PF for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donations
General information
Address
1250 4th St 520
Santa Monica, CA 90401
Metro area
Los Angeles-Long Beach-Anaheim, CA
Phone
(310) 570-4800
IRS details
EIN
82-1927087
Fiscal year end
November
Taxreturn type
Form 990-PF
Year formed
2018
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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