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Filing year 2023

MILKY WAY RESEARCH FOUNDATION

Washington, District of Columbia·EIN 85-2277927·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$18.2M
Total assets
$5.2M
Total expenses
$13.2M
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2023. MILKY WAY RESEARCH FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Director, President & Treasurer
Director, Secretary

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$16.4M

Itemized grants

17

Median grant

$1.1M

RecipientLocationPurposeAmount
BOSTON CHILDREN'S HOSPITALBOSTON, MAINVESTIGATOR AWARD RESEARCH GRANT$1.2M
BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITYREDWOOD CITY, CAINVESTIGATOR AWARD RESEARCH GRANT$1.1M
BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITYREDWOOD CITY, CAINVESTIGATOR AWARD RESEARCH GRANT$1.1M
BAYLOR COLLEGE OF MEDICINEHOUSTON, TXINVESTIGATOR AWARD RESEARCH GRANT$1.1M
THE UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTERDALLAS, TXINVESTIGATOR AWARD RESEARCH GRANT$1.1M
ALBERT EINSTEIN COLLEGE OF MEDICINEBRONX, NYINVESTIGATOR AWARD RESEARCH GRANT$1.1M
SALK INSTITUTE FOR BIOLOGICAL STUDIESLA JOLLA, CAINVESTIGATOR AWARD RESEARCH GRANT$1.1M
BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITYREDWOOD CITY, CAINVESTIGATOR AWARD RESEARCH GRANT$1.1M
JOHNS HOPKINS UNIVERSITY SCHOOL OF MEDICINEBALTIMORE, MDINVESTIGATOR AWARD RESEARCH GRANT$1.1M
BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITYREDWOOD CITY, CAINVESTIGATOR AWARD RESEARCH GRANT$1.1M
MASSACHUSETTS GENERAL HOSPITALBOSTON, MAINVESTIGATOR AWARD RESEARCH GRANT$1.1M
WELLCOME SANGER INSTITUTEUKINVESTIGATOR AWARD RESEARCH GRANT$1M
THE TRUSTEES OF COLUMBIA UNIVERSITYNEW YORK, NYINVESTIGATOR AWARD RESEARCH GRANT$949k
UNIVERSITY OF CALIFORNIA BERKELEYBERKELEY, CARESEARCH GRANT$536k
HARVARD MEDICAL SCHOOLBOSTON, MAINVESTIGATOR AWARD RESEARCH GRANT$512k
UNIVERSITY OF CALIFORNIA BERKELEYBERKELEY, CARESEARCH GRANT$461k
UNIVERSITY OF CAMBRIDGEUKINVESTIGATOR AWARD RESEARCH GRANT$302k
Compare this foundation's grantees

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Financial trend

Revenue and expenses over time

MILKY WAY RESEARCH FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$30M
$27M
2022
$18.2M
$13.2M
2023
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in District of Columbia

MILKY WAY RESEARCH FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in District of Columbia earns a median of $125,449.

25th percentile
$37k
Median
$125,449
75th percentile
$254k
90th percentile
$390k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 208 organizations across 208 filings (2022 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for District of Columbia →
FAQ

Common questions about MILKY WAY RESEARCH FOUNDATION

What are MILKY WAY RESEARCH FOUNDATION's revenue and expenses?

In 2023, MILKY WAY RESEARCH FOUNDATION reported $18.2M in total revenue and $13.2M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.