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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.