The Milken Institute
Santa Monica, CA · EIN 95-4240775. Reported 59 grants totalling $90.7M to 46 organizations across tax years 2021-2024, on Form 990 Schedule I.
Does this grantmaker accept applications?
Its tax return does not say, and we will not guess. Private foundations file Form 990-PF, which asks outright whether they fund only organizations they select themselves -- 78% say yes, and that one answer is what lets the rest of this site tell you which foundations are worth approaching. Grantmaking charities like this one file a regular Form 990 instead, and the IRS never puts the question to them. Anyone claiming to know the answer from the filing is inventing it.
Three things in the filing do bear on it:
- What kind of organization it is. The IRS has no activity classification on file for this one, so we cannot tell you whether it is a community foundation or a single-institution support fund. The recipient list below is the better guide.
- How spread out its giving is. 46 distinct organizations, with 16% of the dollars going to the largest single recipient. That is genuinely spread out -- the mark of a funder making many independent decisions rather than underwriting one institution.
- How much its list changes. 32% of one year's grantees are funded again the next, across 2 year-to-year transitions. That is below the 57% median for grantmaking charities, and well below the 67% private foundations manage. A list that turns over this much is one a newcomer can realistically join.
How big are its grants?
The median reported grant is $320,000. Half of what it reported fell between $100,000 and $2,212,049; the smallest was $8,068 and the largest $9,911,455. If you are asking for materially more than the top of that range, you are asking the wrong organization.
Every organization it funded
This is the complete list from its filings, largest first. Recipients are grouped by the EIN the filer reported, not by name, so an organization that was typed differently in two years appears once rather than twice.
| Organization | Location | Total received | Grants | Years funded | Last |
|---|---|---|---|---|---|
| Broad Institute Inc | Cambridge, MA | $14.4M | 2 | 2 | 2024 |
| The Board of Trustees of the Leland Stanford Junior University | Stanford, CA | $6,562,049 | 3 | 2 | 2024 |
| President and Fellows of Harvard College | Cambridge, MA | $6,560,590 | 3 | 2 | 2024 |
| The Feinstein Institute for Medical Research | Westbury, NY | $6,166,250 | 1 | 1 | 2024 |
| Mass General Brigham Incorporated | Somerville, MA | $6,145,692 | 2 | 2 | 2024 |
| Massachusetts Institute of Technology | Cambridge, MA | $4,962,414 | 1 | 1 | 2024 |
| Icahn School of Medicine at Mount Sinai | New York, NY | $4,912,044 | 1 | 1 | 2023 |
| J David Gladstone Institutes | San Francisco, CA | $4,843,866 | 1 | 1 | 2024 |
| Yale University | New Haven, CT | $4,562,049 | 2 | 2 | 2024 |
| Regents of the University of California at Berkeley | Riverside, CA | $4,499,845 | 1 | 1 | 2024 |
| New York Genome Center Inc | New York, NY | $4,411,628 | 1 | 1 | 2023 |
| Mayo Clinic | Rochester, MN | $2,970,641 | 3 | 2 | 2024 |
| Johns Hopkins University | Baltimore, MD | $2,212,049 | 1 | 1 | 2023 |
| Regents of the University of Michigan | Ann Arbor, MI | $2,212,049 | 1 | 1 | 2023 |
| Regents Univ of California | Los Angeles, CA | $2,212,049 | 1 | 1 | 2023 |
| The University of Texas Health Science Center at Houston | Houston, TX | $2,212,049 | 1 | 1 | 2023 |
| Impact Charitable | Denver, CO | $1,689,862 | 1 | 1 | 2024 |
| Impactassets Inc | Bethesda, MD | $1,370,000 | 1 | 1 | 2024 |
| Mass General Brigham Incorporated | Somerville, MA | $993,052 | 1 | 1 | 2023 |
| Depression and Bipolar Support Alliance | Chicago, IL | $893,000 | 1 | 1 | 2024 |
| Emory University | Atlanta, GA | $600,000 | 1 | 1 | 2024 |
| P E F Israel Endowment Funds Inc | New York, NY | $600,000 | 2 | 2 | 2024 |
| Cedars-Sinai Medical Center | W Hollywood, CA | $599,998 | 1 | 1 | 2024 |
| Oregon Health & Science University | Portland, OR | $599,998 | 1 | 1 | 2024 |
| Trustees of Columbia University | New York, NY | $599,734 | 2 | 1 | 2024 |
| Great Rivers Community Tr | Zebulon, NC | $575,000 | 1 | 1 | 2024 |
| Egeria Corporation - Opengrants | Folsom, CA | $320,000 | 1 | 1 | 2023 |
| Jerusalem Foundation Inc | New York, NY | $300,000 | 1 | 1 | 2021 |
| Jewish National Fund -Keren Kayemeth Leisrael- Inc | Rockville Ctr, NY | $300,000 | 1 | 1 | 2022 |
| The Aspen Institute Inc | Washington, DC | $190,000 | 1 | 1 | 2024 |
| Georgetown University | Washington, DC | $180,048 | 1 | 1 | 2024 |
| Northwestern University | Evanston, IL | $150,000 | 1 | 1 | 2024 |
| University of Chicago | Chicago, IL | $125,000 | 3 | 3 | 2023 |
| Fundthrough USA Inc | Houston, TX | $120,000 | 1 | 1 | 2023 |
| Baraqa Technologies Inc | Wilmington, DE | $100,000 | 1 | 1 | 2024 |
| Commerce Richesse Inc | Wilmington, DE | $100,000 | 1 | 1 | 2024 |
| Lipa Later Inc | Fort Lauderdale, FL | $100,000 | 1 | 1 | 2024 |
| Oze Inc | Villanova, PA | $100,000 | 1 | 1 | 2024 |
| Verto Fx Inc | Palo Alto, CA | $100,000 | 1 | 1 | 2024 |
| Catalyst Development Corporation | Savannah, GA | $50,000 | 1 | 1 | 2021 |
| Banyan Infrastructure Corporation | San Francisco, CA | $25,000 | 1 | 1 | 2023 |
| Prostate Cancer Foundation | Santa Monica, CA | $23,780 | 1 | 1 | 2023 |
| Genh Inc | West Roxbury, MA | $20,000 | 1 | 1 | 2023 |
| New Horizons Technologies | Fairbanks, AK | $20,000 | 1 | 1 | 2023 |
| Now Matters LLC | Bethesda, MD | $15,000 | 1 | 1 | 2023 |
| Actionaid USA | Washington, DC | $8,068 | 1 | 1 | 2023 |
8 of 46 (17%) received money in more than one year over the 4 years we hold. Remember the $5,000 floor: an organization funded every year at $3,000 shows up here as never funded at all.
What the money was for
Taken verbatim from the purpose column of its filings, largest first. This is the closest thing to a statement of what it funds, in its own words.
- The Broad Institute Inc
BIPOLAR DISORDER RESEARCH - Massachusetts Institute of Technology
TRANSFORMATIVE COMPUTATIONAL BIOLOGY - Impact Charitable
INITIATIVE FOR INCLUSIVE ENTREPRENEURSHIP (IIE) - Emory University
AMYOTROPHIC LATERAL SCLEROSIS (ALS) RESEARCH - Egeria Corporation - Opengrants
GRANT PLACEMENT ASSISTANCE - Pef Israel Endowment Fund
SUPPORT CHARITABLE CAUSES THROUGH GRANTS TO ISRAELI ORGS
What kind of organizations it funds
By each recipient's own IRS classification, for the 31 of 46 recipients we could match to a registered organization. These are assigned categories, not our guesses -- Schedule I reports the recipient's EIN, so this is a lookup rather than a name match.
Giving by year
| Tax year | Grants reported | Total | Median grant |
|---|---|---|---|
| 2021 | 3 | $400,000 | $50,000 |
| 2022 | 2 | $325,000 | $162,500 |
| 2023 | 23 | $47.1M | $1,381,047 |
| 2024 | 31 | $42.9M | $375,792 |
Tax years, not calendar years, and the most recent year is usually incomplete -- Form 990 arrives about a year after the year it covers, so a low final year means late paperwork rather than a grantmaker winding down.
Where its money goes
36% of its giving went to organizations in Massachusetts. Community foundations and federated funds are usually the most geographically bounded funders there are -- being outside the footprint is normally disqualifying in a way that a weak programme fit is not.
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Funders that support the same organizations
These grantmakers and private foundations gave to organizations this one also funded. Shared grantees are the strongest signal available that two funders have overlapping priorities -- and a funder already backing your peers is a far warmer prospect than one that merely lists your cause.
How to approach this grantmaker
- Look for a published programme first. Unlike most private foundations, organizations of this kind often do run open, deadlined grant cycles with written guidelines. Its own website is the authority on that; this page is the authority on who it has actually paid.
- Check you are its size. The median reported grant is $320,000 -- and because grants under $5,000 need not be reported, it very likely writes smaller cheques than this page can see.
- Check you are in its geography. Its giving concentrates in Massachusetts.
- Read the recipient list for organizations like yours. If nothing on it resembles your work, that is a real answer and a cheap one to get.
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Where these numbers come from
Everything above is taken from The Milken Institute's own Form 990 Schedule I filings, which the IRS publishes in bulk. We used 4 returns (tax years 2021-2024). Nothing here is scraped, inferred or estimated.
On its most recent return it told the IRS it made grants to 27 section 501(c)(3) organizations and 7 other organizations. That is the filer's own count for one year; the totals above cover every year we hold.
Address of record on the latest return: 1250 Fourth Street 2ND Floor, Santa Monica, CA, 90401.
EIN 95-4240775 · See the original filings on ProPublica · How we build this
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