Michelson Medical Research Foundation Inc. is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 1996. The principal officer is % Karlin Asset Management. It holds total assets of $250.8M. Annual income is reported at $176.3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Michelson Medical Research Foundation Inc. has made 49 grants totaling $57.3M, with a median grant of $66K. The foundation has distributed between $11.3M and $21.9M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $21.9M distributed across 30 grants. Individual grants have ranged from $1K to $9M, with an average award of $1.2M. The foundation has supported 17 unique organizations. The foundation primarily supports organizations in California, New York, District of Columbia, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Michelson Medical Research Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 49 grants. Its grantmaking reaches organizations primarily in CA, NY, DC.
Michelson Medical Research Foundation Inc. has distributed a total of $57.3M across 49 grants. The median grant size is $66K, with an average of $1.2M. Individual grants have ranged from $1K to $9M.
Michelson Medical Research Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Michelson Medical Research Foundation Inc. is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary Karlin Michelson M D | DIRECTOR, PRESIDENT | $0 | $0 | $0 |
| David Cohen | SECRETARY/CFO | $0 | $0 | $0 |
Total Giving
$13.2M
Total Assets
$268.1M
Fair Market Value
$268.1M
Net Worth
$268M
Grants Paid
$12.5M
Contributions
$0
Net Investment Income
$9.7M
Distribution Amount
$13.3M
Total: $163.2M
Total Grants
49
Total Giving
$57.3M
Average Grant
$1.2M
Median Grant
$66K
Unique Recipients
17
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Michelson Philanthropies Inccarry forth programs and provide administrative support for affiliate Foundations, the Michelson 20MM Foundation and the Michelson Found Animals Foundation. | Los Angeles, CA | $6M | 2023 |
| The Michelson Found Animals Foundation IncBENEFIT OF ANIMALS THROUGH MULTIPLE ANIMAL WELFARE PROGRAMS, INCLUDING THE MICHELSON PRIZE AND GRANTS IN REPRODUCTIVE BIOLOGY, THE MICROCHIPPING PROGRAM, THE ADOPTION PROGRAM, THE START-UP ACCELERATOR PROGRAM, THE SPAY/NEUTER PROGRAM AND OTHERS TOWARD The Michelson Found Animals FOUNDATION, INC.'S PURPOSE OF REDUCING EUTHANASIA RATES IN LOS ANGELES AREA ANIMAL SHELTERS. | Los Angeles, CA | $4.5M | 2023 |
| The Michelson 20mm Foundation IncCarry forth multiple educational programs, including educational and success programs, future of work and workforce development programs, smart justice programs, programs to increase educational awareness on topics related to intellectual property, and programs intended to support private-sector solutions to issue within the education sector. | Los Angeles, CA | $1.9M |
| 2023 |
| Human Vaccines Project IncTO ACCELERATE VACCINE AND IMMUNOTHERAPY DEVELOPMENT FOR INFECTIOUS AND NON-COMMUNICABLE DISEASES. | New York, NY | $59K | 2023 |
| The Mirman School For Gifted ChildrenCULTIVATE THE BOUNDLESS POTENTIAL OF HIGHLY GIFTED CHILDREN, NURTURE THEIR PASSIONS AND TALENTS, AND DEVELOP A DIVERSE COMMUNITY OF CREATIVE AND CONSTRUCTIVE LIFELONG LEARNERS. | Los Angeles, CA | $25K | 2023 |
| Ucla FoundationUCLA Medical Hospitality Program. | Los Angeles, CA | $9K | 2023 |
| The Milken InstituteInfrastructure to facilitate knowledge and resources. | Santa Monica, CA | $1M | 2022 |
| New Venture Fundsupports a range of public interest projects, the majority of which focus on conservation, global development and health, and education. | Washington, DC | $100K | 2022 |
| American Association For The Advancement Of Scienc2022 Prize Award (MP and Science Prize for Immunology). | Washington, DC | $50K | 2022 |
| Keystone Symposia On Molecular And Cellular BiologMedical and health (includes pledge). | Silverthorne, CO | $31K | 2022 |
| America Share Usa IncGeneral operations, access to education. | New York, NY | $29K | 2022 |
| Inner City Law CenterAffordable housing efforts. | Los Angeles, CA | $25K | 2022 |
| Brentwood SchoolINSPIRE EVERY STUDENT TO THINK CRITICALLY AND CREATIVELY, ACT ETHICALLY, AND SHAPE A FUTURE WITH MEANING. THE CORE VALUES ARE TRUST, RESPECT, RESPONSIBILITY, HONESTY, CARING, COMMUNITY, AND DIVERSITY. | Los Angeles, CA | $15K | 2022 |
| Cedars-Sinai Medical CenterThe surgery education fund To provide Quality healthcare. | Los Angeles, CA | $1K | 2022 |
| Upwardly GlobalVisionary Award Project | San Francisco, CA | $25K | 2021 |
| Peace Island Childrens Center IncInstallation of a Water System for Sowe Island | Stony Brook, NY | $25K | 2021 |
| Latino Medical Student Association NortheastSponsorship of 48th Annual Latino Medical Student Association Northest Regional Conference | New York, NY | $3K | 2021 |
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