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Filing year 2023

THE MICHAEL AND LORI MILKEN FAMILY FOUNDATION

Santa Monica, California·EIN 82-1927087·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$60.5M
Total assets
$401.7M
Total expenses
$27.8M
Reported officers
6

Executive compensation

Form 990-PF · Part VIII · 1 reported individual · Filing year 2023

Co-trustee
Unclassified
$150k
$166k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 5 unpaid individuals.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at THE MICHAEL AND LORI MILKEN FAMILY FOUNDATION equaled 0.5% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2023)
0.5%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

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

Total granted

$26.1M

Itemized grants

86

Median grant

$5k

RecipientLocationPurposeAmount
JEWISH COMMUNITY FOUNDATION CHARITABLE FUNDLOS ANGELES, CACOMMUNITY CENTERS & PROGRAMS$20M
MILKEN INSTITUTESANTA MONICA, CAMILKEN SCHOLARS PROGRAM$1.3M
MILKEN COMMUNITY SCHOOLLOS ANGELES, CAPRESCHOOL - 12TH GRADE PROGRAMS$925k
MATTEL CHILDREN'S HOSPITAL AT UCLALOS ANGELES, CAHEALTH CARE$617k
GEORGE WASHINGTON UNIVERSITYWASHINGTON, DCHIGHER ED & RESEARCH INST. & PROGS$400k
PROSTATE CANCER FOUNDATIONSANTA MONICA, CAPROSTATE CANCER RESEARCH$302k
AMERICAN EXCHANGE PROJECTSUDBURY, MAPRESCHOOL - 12TH GRADE PROGRAMS$250k
OWNERSHIP WORKSNEW YORK, NYCOMMUNITY CENTERS & PROGRAMS$250k
LOS ANGELES BALLETLOS ANGELES, CACULTURAL, LIBRARIES & MUSEUMS$235k
ELLIS ISLAND HONORS SOCIETYFLORAL PARK, NYCULTURAL, LIBRARIES & MUSEUMS$225k
WINDWARD SCHOOLLOS ANGELES, CAPRESCHOOL - 12TH GRADE PROGRAMS$200k
CAPITAL CARING HEALTHFALLS CHURCH, VAHEALTH CARE$150k
UNIVERSITY OF PENNSYLVANIA - GRADUATE SCHOOL OF EDUCATIONPHILADELPHIA, PAHIGHER ED & RESEARCH INST. & PROGS$150k
HORATIO ALGER ASSOCIATION OF DISTINGUISHED AMERICANSALEXANDRIA, VACOMMUNITY CENTERS & PROGRAMS$125k
LOS ANGELES DODGERS FOUNDATIONLOS ANGELES, CACOMMUNITY CENTERS & PROGRAMS$100k
THE JOHN THOMAS DYE SCHOOLLOS ANGELES, CAPRESCHOOL - 12TH GRADE PROGRAMS$100k
UNIVERSITY OF SOUTHERN CALIFORNIA - MARSHALL SCHOOL OF BUSINESSLOS ANGELES, CAHIGHER ED & RESEARCH INST. & PROGS$80k
KEEP MEMORY ALIVELAS VEGAS, NVGENERAL RESEARCH$75k
LOS ANGELES OPERALOS ANGELES, CACULTURAL, LIBRARIES & MUSEUMS$75k
LOS ANGELES PHILHARMONIC ASSOCIATIONLOS ANGELES, CACULTURAL, LIBRARIES & MUSEUMS$75k
PIONEER VALLEY SYMPHONYGREENFIELD, MACULTURAL, LIBRARIES & MUSEUMS$50k
STANFORD UNIVERSITY GRADUATE SCHOOL OF BUSINESSSTANFORD, CAHIGHER ED & RESEARCH INST. & PROGS$50k
BRENT SHAPIRO FOUNDATION FOR DRUG AWARENESSLOS ANGELES, CAHUMAN SERVICE PROGRAMS$25k
CALIFORNIA FORWARDHERCULES, CACOMMUNITY CENTERS & PROGRAMS$25k
CHILDREN'S DIABETES FOUNDATIONAURORA, COHEALTH CARE$25k
Compare this foundation's grantees

Down 45%
from 2022

From $275k in 2022 to $150k in 2023.

$275k
2022
$150k
2023
In today's dollarsEst.
Down 47% in real terms$314k to $166k

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about THE MICHAEL AND LORI MILKEN FAMILY FOUNDATION

What are THE MICHAEL AND LORI MILKEN FAMILY FOUNDATION's revenue and expenses?

In 2023, THE MICHAEL AND LORI MILKEN FAMILY FOUNDATION reported $60.5M in total revenue and $27.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($150M - $1B), because foundation pay scales with assets under management, not revenue.