EIN 95-4240775

The Milken Institute

IRS 501(c) type
501(c)(3)
Num. employees
323
Year formed
1989
Most recent tax filings
2023-12-01
Description
Think tank advancing solutions for global prosperity through research and programs that widen access to capital, create jobs, and improve health.
Total revenues
$264,659,454
2023
Total expenses
$150,849,724
2023
Total assets
$1,237,778,532
2023
Num. employees
323
2023

Program areas at The Milken Institute

The Milken Institute pursues its mission through a range of programmatic activities in our centers.mi health-fastercures works to improve The medical research system-- to clear roadblocks that prevent medical breakthroughs from reaching patients sooner. Its mission is to accelerate The progress of discovery and development of medical solutions through programs that educate stakeholders, amplify best practices, and create opportunities for leaders across sectors to come together and effect change.the mi finance promotes financial market understanding and works to expand access to capital, strengthen - and deepen - financial markets, and develop innovative financial solutions to The most pressing global challenges.the Milken Institute asia center, based in singapore, analyzes The demographic trends, trade relationships and capital flows that will define The future. It provides research and thought leadership that can assist governments, investors and industry as The asian capital markets and industries rapidly expand.mi health-public health uses applied research, economics, policy and communications to solve public health challenges. Cph reaches out, convenes and collaborates with like-minded institutions and thought leaders in business, government, philanthropy, education and The media to shape system-level solutions to The world's most urgent health challenges.the mission of mi health-future of aging is to improve lives and stregthen societies by promoting healthy, productive and purposeful aging.the mi philanthropy works to maximize return on philanthropic investment by ensuring that innovation used to address one social issue is translated to another, best practices and metrics guide new and existing giving programs, and resources are invested to optimize outcomes.milken scholars program provides scholarship support, extensive training and mentoring to college students who are generally of modest to middle income and are selected after a rigorous process. The program was approved as a scholarship granting program by The internal revenue service while it was operated by Milken family foundation.bd2 was founded to provide funding to support academic and medical researchers to further learning related to bipolar disorder.
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.
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.

Grants made by The Milken Institute

GranteeGrant descriptionAmount
The Broad InstituteBipolar Disorder Research$9,911,455
Icahn School of Medicine at Mount SinaiBipolar Disorder Research$4,912,044
Yale UniversityBipolar Disorder Research$4,412,049
...and 13 more grants made

Who funds The Milken Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Michael and Lori Milken Family FoundationHigher Ed & Research Inst. & Progs$18,956,703
Dauten Family FoundationTo Further Program Services$9,284,500
Resnick FoundationDonee's Tax Exempt Purpose$2,500,000
...and 73 more grants received totalling $48,043,760

Personnel at The Milken Institute

NameTitleCompensation
Richard DitizioChief Executive Officer$944,689
John HunterChief Financial Officer and Chief Operating Officer$490,307
Laura Deal LaceyExecutive Vice President , Milken Institute International
Jeff ValliereExecutive Director , Strategy and Chief of Staff
William LeeChief Economist$376,160
...and 17 more key personnel

Financials for The Milken Institute

RevenuesFYE 12/2023
Total grants, contributions, etc.$216,631,673
Program services$2,105,115
Investment income and dividends$37,611,676
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$700,667
Net gain from sale of non-inventory assets$7,610,323
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$264,659,454

Form 990s for The Milken Institute

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-02990View PDF
...and 10 more Form 990s

Organizations like The Milken Institute

OrganizationLocationRevenue
Tides CenterSan Francisco, CA$233,730,257
The Aspen InstituteWashington, DC$232,109,335
Turning Point USAIndianapolis, IN$81,721,637
Population CouncilNew York, NY$67,206,599
Sesame Workshop (SW)New York, NY$186,926,322
Natural Resources Defense CouncilNew York, NY$193,144,386
HadassahNew York, NY$142,915,579
Southern Poverty Law CenterMontgomery, AL$169,857,376
The Task Force for Global HealthDecatur, GA$95,120,285
Covenant House InternationalNew York, NY$88,308,947
Data update history
January 15, 2025
Received grants
Identified 25 new grant, including a grant for $18,956,703 from The Michael and Lori Milken Family Foundation
January 4, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 3, 2025
Used new vendors
Identified 1 new vendor, including
October 23, 2024
Received grants
Identified 6 new grant, including a grant for $2,500,000 from Resnick Foundation
October 20, 2024
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsSocial advocacy organizationsYouth development programsHeadquarter / parent organizationsCharities
Issues
Human servicesChildren
Characteristics
LobbyingFundraising eventsOperates internationallyNational levelReceives government fundingGala fundraisersTax deductible donationsAccepts online donations
General information
Address
1250 Fourth St 2nd Floor
Santa Monica, CA 90401
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
milkeninstitute.org/ 
Phone
(310) 570-4600
Facebook page
milkeninstitute 
Twitter profile
@milkeninstitute 
IRS details
EIN
95-4240775
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
O50: Youth Development Programs, Other
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Central organization
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
076975
FTB Entity ID
1458739
AB 488 data last updated ("as-of") date
2025-03-19
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