EIN 95-4240775

The Milken Institute

IRS 501(c) type
501(c)(3)
Num. employees
311
Year formed
1989
Most recent tax filings
2022-12-01
Description
Think tank advancing solutions for global prosperity through research and programs that widen access to capital, create jobs, and improve health.
Total revenues
$273,734,030
2022
Total expenses
$93,099,476
2022
Total assets
$1,093,462,243
2022
Num. employees
311
2022

Program areas at The Milken Institute

The Milken Institute pursues its mission through a range of programmatic activities in our centers.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 center for financial markets 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.the center for 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 The center for The future of aging is to improve lives and stregthen societies by promoting healthy, productive and purposeful aging.the center for strategic 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, California policy summit, future of health summit, london summit, asia summit, financial innovation labs and forums. 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
Jewish National FundGeneral Operating Support$300,000
The University of Chicago (UChicago)General Operating Support$25,000

Who funds The Milken Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Dauten Family FoundationTo Further Program Services$28,067,683
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$16,455,950
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$16,455,950
...and 60 more grants received totalling $97,480,514

Personnel at The Milken Institute

NameTitleCompensation
Richard DitizioChief Executive Officer$769,249
John HunterExecutive Vice President and Chief Financial Officer and Assistant Treasurer / Executivie Vice President and Chief Financial Officer and Assistant Treasurer / Executivie Vice President and Chief Financial Officer / Executive Vice President and Chief Financial Officer$403,677
Esther KrofahExecutive Vice President / Executive Director - Fastercures and Ctr for Public Health / Executive Director , Fastercures$418,503
Melissa StevensExecutive Vice President / Executive Director , Milken Institute Center for Strategic Philanthropy / Executive Director , Center for Strategic Philanthropy / Executive Director - Ctr for Strategic Philanthropy / Deputy Executive Director , Fastercures / Deputy Executive Director - Fastercures$402,193
Michael PiwowarExecutive Vice President / Executive Director - Ctr for Financial Markets / Executive Director , Center for Financial Markets / Executive Director - Center FR Financial Markets$392,491
...and 9 more key personnel

Financials for The Milken Institute

RevenuesFYE 12/2022
Total grants, contributions, etc.$252,970,179
Program services$1,064,153
Investment income and dividends$19,520,581
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$126,573
Net gain from sale of non-inventory assets$52,544
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$273,734,030

Form 990s for The Milken Institute

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-04-02990View PDF
2018-122020-01-16990View PDF
...and 9 more Form 990s

Organizations like The Milken Institute

OrganizationLocationRevenue
The Aspen InstituteWashington, DC$189,761,926
Tides CenterSan Francisco, CA$281,474,772
Children's AidNew York, NY$167,116,580
The Pew Charitable Trusts (Pew)Washington, DC$341,410,426
Population CouncilNew York, NY$81,596,015
Sesame Workshop (SW)New York, NY$271,209,334
Southern Poverty Law CenterMontgomery, AL$169,857,376
Child Mind InstituteNew York, NY$71,051,674
Fellowship of Christian AthletesKansas City, MO$199,435,054
Anti-Defamation League (ADL)New York, NY$105,430,775
Data update history
January 3, 2024
Received grants
Identified 38 new grant, including a grant for $15,664,454 from The Michael and Lori Milken Family Foundation
December 29, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 24, 2023
Used new vendors
Identified 3 new vendors, including , , and
October 23, 2023
Received grants
Identified 3 new grant, including a grant for $400,000 from David A Steinberg Family Foundation
August 5, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Social advocacy organizationsYouth development programsHeadquarter / parent organizationsCharities
Issues
Human servicesChildren
Characteristics
LobbyingFundraising eventsOperates internationallyNational levelGala fundraisersTax deductible 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
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