The Michael and Lori Milken Family Foundation
Accepts applications
The Michael and Lori Milken Family Foundation is a private foundation in Santa Monica, California. In tax year 2023 it gave $26.1 million in 86 grants; the typical grant was $5,000 and the largest $20.0 million. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2023.
- Grants paid, 2023$26.1 million
- Number of grants86
- Typical grant$5,000
- Largest grant$20.0 million
- Assets$513 million
- New grantees41%
Giving in 2023 was up from $22.8 million the year before.
41% of its 2023 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $22.8 million | 88 | $463 million |
| 2023 | $26.1 million | 86 | $513 million |
How to apply
| Contact | Richard Sandler 1250 Fourth St Suite 520, Santa Monica, CA 90401 |
|---|---|
| Phone or email | (310) 570-4800 |
| What to submit | A brief written statement, not exceeding three pages, including a description of project goals, procedures and personnel; qualifications for support and a brief background of the organization, including the number of years in operation, other areas of activity, the applicant's previous and current sources of funding; the amount of the request, total amount of the project, details of the budget and plans for obtaining total funding; a letter of exemption from the internal revenue service. Applicants may supplement their proposals with supporting printed materials. |
What The Michael and Lori Milken Family Foundation funds
Where it gives
Its grants went to recipients in 12 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 58 | $24.3 million |
| New York | 8 | $486,250 |
| District of Columbia | 6 | $424,500 |
| Massachusetts | 2 | $300,000 |
| Virginia | 3 | $277,000 |
| Pennsylvania | 2 | $151,800 |
| Nevada | 2 | $76,000 |
| Colorado | 1 | $25,000 |
| Hawaii | 1 | $10,000 |
| Oregon | 1 | $10,000 |
Grants paid in 2023
| Recipient | Purpose | Amount |
|---|---|---|
| Jewish Community Foundation Charitable Fund | Community centers & programs | $20.0 million |
| Milken Institute | Milken scholars program | $1.3 million |
| Milken Community School | Preschool - 12th grade programs | $925,000 |
| Mattel Children's Hospital at UCLA | Health care | $617,000 |
| George Washington University | Higher ed & research inst. & progs | $400,000 |
| Prostate Cancer Foundation | Prostate cancer research | $302,000 |
| American Exchange Project | Preschool - 12th grade programs | $250,000 |
| Ownership Works | Community centers & programs | $250,000 |
| Los Angeles Ballet | Cultural, libraries & museums | $235,000 |
| Ellis Island Honors Society | Cultural, libraries & museums | $225,000 |
| Windward School | Preschool - 12th grade programs | $200,000 |
| Capital Caring Health | Health care | $150,000 |
| University of Pennsylvania - Graduate School of Education | Higher ed & research inst. & progs | $150,000 |
| Horatio Alger Association of Distinguished Americans | Community centers & programs | $125,000 |
| Los Angeles Dodgers Foundation | Community centers & programs | $100,000 |
| The John Thomas Dye School | Preschool - 12th grade programs | $100,000 |
| University of Southern California - Marshall School of Business | Higher ed & research inst. & progs | $80,000 |
| Keep Memory Alive | General research | $75,000 |
| Los Angeles Opera | Cultural, libraries & museums | $75,000 |
| Los Angeles Philharmonic Association | Cultural, libraries & museums | $75,000 |
| Pioneer Valley Symphony | Cultural, libraries & museums | $50,000 |
| Stanford University Graduate School of Business | Higher ed & research inst. & progs | $50,000 |
| Brent Shapiro Foundation for Drug Awareness | Human service programs | $25,000 |
| California Forward | Community centers & programs | $25,000 |
| Children's Diabetes Foundation | Health care | $25,000 |
| Standwithus | Community centers & programs | $25,000 |
| Vision to Learn | Health care | $25,000 |
| Joe Torre Safe at Home Foundation | Human service programs | $15,000 |
| KIPP Socal Public Schools | Preschool - 12th grade programs | $15,000 |
| American Friends of Lubavitch | Community centers & programs | $10,000 |
| Iolani School | Preschool - 12th grade programs | $10,000 |
| National Multiple Sclerosis Society | General research | $10,000 |
| Oregon Shakespeare Festival Association | Cultural, libraries & museums | $10,000 |
| Phase One | General research | $10,000 |
| Stand Up to Cancer | General research | $10,000 |
| Students Run America | Preschool - 12th grade programs | $7,500 |
| Los Angeles Jewish Symphony | Cultural, libraries & museums | $7,000 |
| American Friends of the Hebrew University | Higher ed & research inst. & progs | $5,000 |
| Americans for Ben Gurion University | Higher ed & research inst. & progs | $5,000 |
| Bar Ilan University of Israel | Higher ed & research inst. & progs | $5,000 |
Officers and trustees
- Michael Milken
- Lori Milken
- Richard Sandler
- Gregory Milken
- Lance Milken
- Bari Milken
Questions people ask
Does The Michael and Lori Milken Family Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications.
How much does The Michael and Lori Milken Family Foundation give?
$26.1 million in tax year 2023, across 86 grants, with a typical grant of $5,000.
Who runs The Michael and Lori Milken Family Foundation?
Its 2023 filing lists Michael Milken (Trustee), Lori Milken (Trustee), Richard Sandler (Co-Trustee) and Gregory Milken (Co-Trustee) among 6 officers and trustees.
What does The Michael and Lori Milken Family Foundation fund?
Based on its grants, mainly community development, faith communities and education.