Private Foundation

THE MICHAEL AND LORI MILKEN FAMILY FOUNDATION

THE MICHAEL AND LORI MILKEN FAMILY FOUNDATION, of SANTA MONICA, CA, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $60.5M in revenue, $27.8M in expenses, $401.7M in total assets. IRS filings disclose 389 grants awarded by this foundation, totaling roughly $82.9M.

EIN: 821927087 SANTA MONICA, CA Latest filing: 2024

Total Revenue$60.5M

Total Expenses$27.8M

Total Assets$401.7M

Grants Given389

Grant Total$82.9M

Filing Years2020–2024

Sample Grants Given

JEWISH COMMUNITY FOUNDATION CHARITABLE FUND

LOS ANGELES, CA · 2023

COMMUNITY CENTERS & PROGRAMS

$20,000,000

MILKEN INSTITUTE

SANTA MONICA, CA · 2023

MILKEN SCHOLARS PROGRAM

$1,289,016

MILKEN COMMUNITY SCHOOL

LOS ANGELES, CA · 2023

PRESCHOOL - 12TH GRADE PROGRAMS

$925,000

MATTEL CHILDREN'S HOSPITAL AT UCLA

LOS ANGELES, CA · 2023

HEALTH CARE

$617,000

GEORGE WASHINGTON UNIVERSITY

WASHINGTON, DC · 2023

HIGHER ED & RESEARCH INST. & PROGS

$400,000

Showing up to 5 of 389 total records — full history available with membership.

Officers & Directors

CO-TRUSTEE Bari Milken

CO-TRUSTEE Gregory Milken

CO-TRUSTEE Lance Milken

TRUSTEE Lori Milken

TRUSTEE Michael Milken

CO-TRUSTEE Richard Sandler

Officer compensation and complete director data available with membership.

Top Grant Purposes

HIGHER ED & RESEARCH INST. & PROGS

$35,866,757 23 grants

COMMUNITY CENTERS & PROGRAMS

$24,345,800 96 grants

EDUCATIONAL PROGRAMS

$10,244,300 29 grants

PRESCHOOL - 12TH GRADE PROGRAMS

$3,190,300 35 grants

CULTURAL, LIBRARIES & MUSEUMS

$1,684,000 31 grants

Financial Trends

Year	Revenue	Expenses	Assets
2024	$60.5M	$27.8M	$401.7M
2023	$27.5M	$24.5M	$369.0M
2022	$94.2M	$20.5M	$368.7M
2020	$13.3M	$17.0M	$284.5M

Between 2020 and 2024, reported annual revenue grew from $13.3M to $60.5M (+355%), with total assets most recently reported at $401.7M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in CA, CO, CT, DC, HI, IL, and 4 other states.

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Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for THE MICHAEL AND LORI MILKEN FAMILY FOUNDATION

Complete financials, all 389 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports