The Milken Family Foundation
Preselected recipients only
The Milken Family Foundation is a private foundation in Santa Monica, California. In tax year 2023 it gave $369,300 in 8 grants; the typical grant was $8,600 and the largest $287,500. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2023.
- Grants paid, 2023$369,300
- Number of grants8
- Typical grant$8,600
- Largest grant$287,500
- Assets$112 million
- New grantees50%
Giving in 2023 was down from $475,575 the year before.
50% 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 | $475,575 | 6 | $116 million |
| 2023 | $369,300 | 8 | $112 million |
How to apply
The Milken Family Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
Foundation website IRS filings on ProPublica
What The Milken Family Foundation funds
Where it gives
Its grants went to recipients in 4 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 4 | $310,000 |
| New Jersey | 2 | $50,100 |
| District of Columbia | 1 | $7,200 |
| New York | 1 | $2,000 |
Grants paid in 2023
| Recipient | Purpose | Amount |
|---|---|---|
| Bureau of Jewish Education | Preschool - 12th grade programs | $287,500 |
| Ariel University Foundation | Higher ed & research inst. & progs | $50,000 |
| Exceptional Childrens Foundation | Community centers & programs | $11,500 |
| The Help Group Child and Family Center | Community centers & programs | $10,000 |
| Active Minds Inc | Community centers & programs | $7,200 |
| All-Star Orchestra | Cultural, libraries & museums | $2,000 |
| Police Unity Tour | Community centers & programs | $1,000 |
| The Forward Association Inc | Community centers & programs | $100 |
Officers and trustees
- Lowell Milken
- Michael Milken
- Ralph Finerman
- Lynda Resnick
- Thomas Boysen
- Richard Sandler
- Jane Foley
- Richard Yee
- Gary Panas
- Nikki Hayes
- Stephanie Bishop
- Paul Bliese
- Jana Rausch
- Michael Hillman
- Joni Milken-Noah
Questions people ask
Does The Milken Family Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does The Milken Family Foundation give?
$369,300 in tax year 2023, across 8 grants, with a typical grant of $8,600.
Who runs The Milken Family Foundation?
Its 2023 filing lists Lowell Milken (Chairman & Director), Michael Milken (President & Director), Ralph Finerman (Sr. VP & Director) and Lynda Resnick (Director) among 15 officers and trustees.
What does The Milken Family Foundation fund?
Based on its grants, mainly education, community development and youth programs.