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Lance And Hillary Milken Foundation is a private corporation based in SANTA MONICA, CA. The foundation received its IRS ruling in 2012. The principal officer is % Michael Milken. It holds total assets of $13.4M. Annual income is reported at $593K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Lance And Hillary Milken Foundation has made 81 grants totaling $2.2M, with a median grant of $5K. Annual giving has decreased from $1.5M in 2022 to $709K in 2023. Individual grants have ranged from $250 to $200K, with an average award of $27K. The foundation has supported 42 unique organizations. The foundation primarily supports organizations in California, Pennsylvania, New York, which account for 91% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Lance And Hillary Milken Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 81 grants. Its grantmaking reaches organizations primarily in CA, PA, NY.
Lance And Hillary Milken Foundation has distributed a total of $2.2M across 81 grants. The median grant size is $5K, with an average of $27K. Individual grants have ranged from $250 to $200K.
Lance And Hillary Milken Foundation typically selects its grantees rather than accepting unsolicited proposals.
Lance And Hillary Milken Foundation is headquartered in SANTA MONICA, CA. While based in CA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lance Milken | PRESIDENT & DIRECTOR | $0 | $0 | $0 |
| Michael Milken | DIRECTOR | $0 | $0 | $0 |
| Hillary Milken | VICE PRESIDENT & DIRECTOR | $0 | $0 | $0 |
| Ralph Finerman | SECRETARY/TREASURER AND DIRECTOR | $0 | $0 | $0 |
| Lori Milken | DIRECTOR | $0 | $0 | $0 |
Total Giving
$740K
Total Assets
$13.9M
Fair Market Value
$15.9M
Net Worth
$13.9M
Grants Paid
$709K
Contributions
$0
Net Investment Income
$1.2M
Distribution Amount
$784K
Total: $0
Total Grants
81
Total Giving
$2.2M
Average Grant
$27K
Median Grant
$5K
Unique Recipients
42
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Jewish Community FoundationCOMMUNITY CENTERS & PROGRAMS | Los Angeles, CA | $200K | 2023 |
| The Jewish Federation Of Greater Los AngelesCOMMUNITY CENTERS & PROGRAMS | Los Angeles, CA | $120K | 2023 |
| Wilshire Boulevard TempleCOMMUNITY CENTERS & PROGRAMS | Los Angeles, CA | $107K | 2023 |
| Trustees Of The University Of PennsylvaniaHIGHER ED & RESEARCH INST. & PROGS | Philadelphia, PA | $80K | 2023 |
| Brentwood SchoolPRESCHOOL - 12TH GRADE PROGRAMS | Los Angeles, CA | $60K |
| 2023 |
| Milken InstituteHIGHER ED & RESEARCH INST. & PROGS | Santa Monica, CA | $50K | 2023 |
| California Community FoundationCOMMUNITY CENTERS & PROGRAMS | Los Angeles, CA | $15K | 2023 |
| Ucla Mattel Childrens HospitalHEALTH CARE | Los Angeles, CA | $12K | 2023 |
| Los Angeles BalletCULTURAL, LIBRARIES & MUSEUMS | Los Angeles, CA | $12K | 2023 |
| American Friends Of Magen David AdomHEALTH CARE | Los Angeles, CA | $10K | 2023 |
| Penn HillelHIGHER ED & RESEARCH INST. & PROGS | Philadelphia, PA | $10K | 2023 |
| Baby2babyHUMAN SERVICE PROGRAMS | Los Angeles, CA | $5K | 2023 |
| City Year IncPRESCHOOL - 12TH GRADE PROGRAMS | Los Angeles, CA | $5K | 2023 |
| Present NowHUMAN SERVICE PROGRAMS | Santa Monica, CA | $5K | 2023 |
| Organization For Social Media SafetyCOMMUNITY CENTERS & PROGRAMS | West Hills, CA | $4K | 2023 |
| Visionary WomenCOMMUNITY CENTERS & PROGRAMS | Beverly Hills, CA | $3K | 2023 |
| Cedars-Sinai Medical CenterGENERAL RESEARCH | Los Angeles, CA | $2K | 2023 |
| Foundation For Living BeautyHUMAN SERVICE PROGRAMS | Pasadena, CA | $2K | 2023 |
| Park Avenue SynagogueCOMMUNITY CENTERS & PROGRAMS | New York, NY | $1K | 2023 |
| Youth Renewal FundPRESCHOOL - 12TH GRADE PROGRAMS | New York, NY | $1K | 2023 |
| Leukemia & Lymphoma SocietyGENERAL RESEARCH | New York, NY | $1K | 2023 |
| Geffen PlayhouseCULTURAL, LIBRARIES & MUSEUMS | Los Angeles, CA | $1K | 2023 |
| JewbelongCOMMUNITY CENTERS & PROGRAMS | Upper Montclair, NJ | $1K | 2023 |
| Lynne Cohen Foundation For Ovarian Cancer ResearchGENERAL RESEARCH | Santa Monica, CA | $1K | 2023 |
| Project MorryCOMMUNITY CENTERS & PROGRAMS | Port Chester, NY | $500 | 2023 |
| Jdrf InternationalGENERAL RESEARCH | Tustin, CA | $500 | 2023 |
| New York Empire BaseballCOMMUNITY CENTERS & PROGRAMS | New York, NY | $500 | 2023 |
| Join IsraelCOMMUNITY CENTERS & PROGRAMS | Lawrence, NY | $500 | 2023 |
| United In HarmonyCOMMUNITY CENTERS & PROGRAMS | Los Angeles, CA | $250 | 2023 |
| The Jewish FederationCOMMUNITY CENTERS & PROGRAMS | Los Angeles, CA | $50K | 2022 |
| Ucla Foundation- Mattel Childrens HospitalHEALTH CARE | Los Angeles, CA | $18K | 2022 |
| Los Angeles Dodgers FoundationCOMMUNITY CENTERS & PROGRAMS | Los Angeles, CA | $13K | 2022 |
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