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Milky Way Research Foundation is a private corporation based in WASHINGTON, DC. The foundation received its IRS ruling in 2023. The principal officer is % James A Hutchinson Esq. It holds total assets of $5.2M. Annual income is reported at $18.2M. THE FOUNDATION HOSTED A SYMPOSIUM DURING THE TAX-YEAR ENDING MAY 31, 2021, CREATING A VISION FOR THE SCIENCE OF REJUVENATION AND SUPPORTING THE FURTHERANCE OF MEDICAL RESEARCH RELATED TO PHYSIOLOGICAL CHANGE OVER TIME. THE SYMPOSIUM INCLUDED TOPICS SUCH AS CELLULAR REPROGRAMMING, EPIGENETIC REPROGRAMMING, CLOCKS AND HALLMARKS, ORGANISMAL MATURATION AND SENESCENCE, AND TRANSLATIONAL OPPORTUNITIES. According to available records, Milky Way Research Foundation has made 99 grants totaling $62.6M, with a median grant of $575K. Annual giving has grown from $1.3M in 2021 to $27.8M in 2023. Grantmaking activity was highest in 2022 with $33.5M distributed across 60 grants. Individual grants have ranged from $167K to $1.1M, with an average award of $632K. The foundation has supported 24 unique organizations. The foundation primarily supports organizations in California, Massachusetts, New York, which account for 63% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
THE FOUNDATION HOSTED A SYMPOSIUM DURING THE TAX-YEAR ENDING MAY 31, 2021, CREATING A VISION FOR THE SCIENCE OF REJUVENATION AND SUPPORTING THE FURTHERANCE OF MEDICAL RESEARCH RELATED TO PHYSIOLOGICAL CHANGE OVER TIME. THE SYMPOSIUM INCLUDED TOPICS SUCH AS CELLULAR REPROGRAMMING, EPIGENETIC REPROGRAMMING, CLOCKS AND HALLMARKS, ORGANISMAL MATURATION AND SENESCENCE, AND TRANSLATIONAL OPPORTUNITIES.
Expenses: $68K
THE FOUNDATION HOSTED A SYMPOSIUM DURING THE TAX-YEAR ENDING MAY 31, 2021, CREATING A VISION FOR THE SCIENCE OF REJUVENATION AND SUPPORTING THE FURTHERANCE OF MEDICAL RESEARCH RELATED TO PHYSIOLOGICAL CHANGE OVER TIME. THE SYMPOSIUM INCLUDED TOPICS SUCH AS CELLULAR REPROGRAMMING, EPIGENETIC REPROGRAMMING, CLOCKS AND HALLMARKS, ORGANISMAL MATURATION AND SENESCENCE, AND TRANSLATIONAL OPPORTUNITIES. Based on available records, the foundation has funded 99 grants. Its grantmaking reaches organizations primarily in CA, MA, NY.
Milky Way Research Foundation has distributed a total of $62.6M across 99 grants. The median grant size is $575K, with an average of $632K. Individual grants have ranged from $167K to $1.1M.
Milky Way Research Foundation typically selects its grantees rather than accepting unsolicited proposals.
Milky Way Research Foundation is headquartered in WASHINGTON, DC. While based in DC, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Richard Klausner | DIRECTOR, PRESIDENT & TREASURER | $0 | $0 | $0 |
| James A Hutchinson | DIRECTOR, SECRETARY | $0 | $0 | $0 |
Total Giving
$27M
Total Assets
$3.8M
Fair Market Value
$3.8M
Net Worth
$182K
Grants Paid
$26.7M
Contributions
$30M
Net Investment Income
$9K
Distribution Amount
$221K
Total Grants
99
Total Giving
$62.6M
Average Grant
$632K
Median Grant
$575K
Unique Recipients
24
Most Common Grant
$575K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Albert Einstein College Of MedicineINVESTIGATOR AWARD RESEARCH GRANT | Bronx, NY | $1.1M | 2023 |
| University Of RochesterINVESTIGATOR AWARD RESEARCH GRANT | Rochester, NY | $1.1M | 2023 |
| Whitehead Institute For Biomedical ResearchINVESTIGATOR AWARD RESEARCH GRANT | Cambridge, MA | $1.1M | 2023 |
| Baylor College Of MedicineINVESTIGATOR AWARD RESEARCH GRANT | Houston, TX | $1.1M | 2023 |
| Salk Institute For Biological StudiesINVESTIGATOR AWARD RESEARCH GRANT | La Jolla, CA | $1.1M |
Other foundations that have funded Milky Way Research Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Breakthrough Prize Foundation | $4.4M | 2023 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $3.4M | 2023 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $2.6M | 2023 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $2.1M | 2023 | LIFE SCIENCE RESEARCH |
| 2023 |
| The University Of Texas Southwestern Medical CenterINVESTIGATOR AWARD RESEARCH GRANT | Dallas, TX | $1.1M | 2023 |
| Broad InstituteINVESTIGATOR AWARD RESEARCH GRANT | Cambridge, MA | $1.1M | 2023 |
| Boston Children'S HospitalINVESTIGATOR AWARD RESEARCH GRANT | Boston, MA | $1.1M | 2023 |
| Johns Hopkins University School Of MedicineINVESTIGATOR AWARD RESEARCH GRANT | Baltimore, MD | $1.1M | 2023 |
| Board Of Trustees Of The Leland Stanford Junior UniversityINVESTIGATOR AWARD RESEARCH GRANT | Redwood City, CA | $1.1M | 2023 |
| University Of LausanneINVESTIGATOR AWARD RESEARCH GRANT | Lausanne | $1.1M | 2023 |
| Epigenetic Clock FoundationMEDICAL RESEARCH | Torrance, CA | $1M | 2023 |
| Wellcome Sanger InstituteINVESTIGATOR AWARD RESEARCH GRANT | Hinxton | $999K | 2023 |
| The Trustees Of Columbia UniversityINVESTIGATOR AWARD RESEARCH GRANT | New York, NY | $949K | 2023 |
| Fundacio Institut De Recerca BiomedicaINVESTIGATOR AWARD RESEARCH GRANT | Barcelona | $575K | 2023 |
| University Of Pompeu FabraINVESTIGATOR AWARD RESEARCH GRANT | Barcelona | $574K | 2023 |
| Va Palo Healthcare SystemINVESTIGATOR AWARD RESEARCH GRANT | Palo Alto, CA | $571K | 2023 |
| Massachusetts General HospitalINVESTIGATOR AWARD RESEARCH GRANT | Boston, MA | $571K | 2023 |
| University Of California BerkeleyMEDICAL RESEARCH | Berkeley, CA | $536K | 2023 |
| Harvard Medical SchoolINVESTIGATOR AWARD RESEARCH GRANT | Boston, MA | $512K | 2023 |
| Babraham InstituteINVESTIGATOR AWARD RESEARCH GRANT | Cambridge | $377K | 2023 |
| University Of CambridgeINVESTIGATOR AWARD RESEARCH GRANT | Cambridge | $302K | 2022 |
| Public Health EnglandMEDICAL RESEARCH | Didcot | $167K | 2022 |
| Epigenetic Clock Development FoundationMEDICAL RESEARCH | Torrance, CA | $1M | 2021 |
| $2.1M |
| 2023 |
| LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $2M | 2023 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $1.2M | 2023 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $1.1M | 2023 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $536K | 2023 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $377K | 2023 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $2.9M | 2022 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $2.9M | 2022 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $2.7M | 2022 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $2.2M | 2022 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $1.4M | 2022 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $1.3M | 2022 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $1.2M | 2022 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $1.1M | 2022 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $1.1M | 2022 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $502K | 2022 | LIFE SCIENCE RESEARCH |
| Breakthrough Prize Foundation | $201K | 2022 | LIFE SCIENCE RESEARCH |
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