Grantmaking public charity · EIN 95-4240775
The Milken Institute
Santa Monica, CA
The Milken Institute is a public charity that makes grants based in Santa Monica, CA. On its Form 990 (Schedule I) for tax year 2024, it reported $43.4M in grants paid across 192 grants, with $1.53B in total assets. Its largest grants went to The Feinstein Institutes for Medical Research, Massachusetts Institute of Technology and The J Gladstone Institutes.
How to request funding
Its Form 990 lists the grants it made but not how it chooses recipients. Check The Milken Institute's website or contact it to ask whether it considers requests.
How it makes and monitors grants (Schedule I, Part IV)
Grants are provided to other public charities that the milken institute has built strong relationships with that support growth, innovation, and medical research. all entities provide a proposal to the milken institute that demonstrates how the funds will help improve social and economic conditions of people within the united states and around the world. funds provided are only to be used for the proposed purpose, and the milken institute does follow up with recipients to ensure proper usage of the funds and assess impact. the milken scholars program verifies the following before each of the four annual disbursements ($2,000.00): maintenance of a yearly and cumulative 3.0 grade point average, continued full-time matriculation at four-year college or university and continued participation in the program. following the spring semester, we request transcripts from every recipient to verify that academic requirements continue to be met. in our initial agreement letter and in every letter accompanying subsequent disbursements, recipients are advised that funds may only be used for qualified tuition and school-related expenses pertaining to their college or university education. the final portion of the grant ($2,000.00) may be requested by the recipient for up to ten years following graduation and used to further educational or career advancement. for a request to be approved, the milken scholars program requires an explicit description of the intended use, that this intended use
Grants as reported on its Form 990 for tax year 2024; the application guidance above is general for this type of funder. Requirements change; confirm with the organization before applying.
Mission
To advance solutions that widen access to capital, create jobs and improve health.
As stated on its Form 990.
Largest grants, tax year 2024
Historical data · not a prediction| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| The Feinstein Institutes for Medical Research | Westbury, NY | Bipolar Disorder Research | $6,166,250 |
| Massachusetts Institute of Technology | Cambridge, MA | Transformative Computational Biology | $4,962,414 |
| The J Gladstone Institutes | San Francisco, CA | Transformative Computational Biology | $4,843,866 |
| The Brigham and Women's Hospital Inc | Boston, MA | Bipolar Disorder Research | $4,764,645 |
| The Broad Institute Inc | Cambridge, MA | Bipolar Disorder Research | $4,500,000 |
| The Regents of the University of California Berkeley | Berkeley, CA | Bipolar Disorder Research | $4,499,845 |
| The Board of Trustees of the Leland Stanford Junior University | Redwood City, CA | Transformative Computational Biology | $2,000,000 |
| President and Fellows of Harvard College | Cambridge, MA | Transformative Computational Biology | $1,999,027 |
| Impact Charitable | Denver, CO | Initiative for Inclusive Entrepreneurship (iie) | $1,689,862 |
| Impact Assets | Bethesda, MD | Initiative for Inclusive Entrepreneurship (iie) | $1,370,000 |
| Depression and Bipolar Support Alliance | Chicago, IL | Bipolar Disorder Research | $893,000 |
| Emory University | Atlanta, GA | Amyotrophic Lateral Sclerosis (als) Research | $600,000 |
| Oregon Health & Science University | Portland, OR | Amyotrophic Lateral Sclerosis (als) Research | $599,998 |
| Cedars-Sinai Medical Center | Los Angeles, CA | Philanthropic Pathways | $599,998 |
| Great Rivers Community Trust DBA Scale Link | Zebulon, NC | Initiative for Inclusive Entrepreneurship (iie) | $575,000 |
| Mayo Clinic | Rochester, NY | Bipolar Disorder Research | $375,792 |
| Pef Israel Endowment Fund | New York, NY | Support Charitable Causes Through Grants to Israeli Orgs | $300,000 |
| The Trustees of Columbia University in the City of New York | New York, NY | Amyotrophic Lateral Sclerosis (als) Research | $299,938 |
| Columbia University | New York, NY | Amyotrophic Lateral Sclerosis (als) Research | $299,796 |
| The Aspen Institute Inc | Washington, DC | Initiative for Inclusive Entrepreneurship (iie) | $190,000 |
| Georgetown University | Washington, DC | Tuition for Ifc Scholars | $180,048 |
| Yale University | New Haven, CT | Bipolar Disorder Research | $150,000 |
| Northwestern University | Evanston, IL | Bipolar Disorder Research | $150,000 |
| The Board of Trustees of the Leland Stanford Junior University | Redwood City, CA | Bipolar Disorder Research | $150,000 |
| President and Fellows of Harvard College | Cambridge, MA | Bipolar Disorder Research | $149,514 |
The 25 largest of 192 grants listed on the return. 161 grants to individuals ($529K) are counted but not named. Names and purposes as reported to the IRS.
Where its grants went
- Massachusetts$16.4M · 5 grants
- California$12.2M · 6 grants
- New York$7.52M · 6 grants
- Colorado$1.69M · 1 grant
- Maryland$1.37M · 1 grant
- Illinois$1.04M · 2 grants
- Georgia$600K · 1 grant
- Oregon$600K · 1 grant
- North Carolina$575K · 1 grant
- District of Columbia$370K · 2 grants
- Delaware$200K · 2 grants
- Connecticut$150K · 1 grant
Quick answers
Does The Milken Institute accept grant applications?
Its Form 990 lists the grants it made but not how it chooses recipients. Check The Milken Institute's website or contact it to ask whether it considers requests. Form 990 does not report an application process, so confirm with the organization.
How much does The Milken Institute give each year?
For tax year 2024, it reported $43,427,961 in grants paid (192 grants). Giving can change from year to year.
What organizations has The Milken Institute funded?
Its largest grants in tax year 2024 went to The Feinstein Institutes for Medical Research (NY), $6.17M, Massachusetts Institute of Technology (MA), $4.96M, The J Gladstone Institutes (CA), $4.84M, The Brigham and Women's Hospital Inc (MA), $4.76M and The Broad Institute Inc (MA), $4.5M.