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THE MICHAEL AND LORI MILKEN FAMILY FOUNDATION

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Public IRS 990 nonprofit record

THE MICHAEL AND LORI MILKEN FAMILY FOUNDATION

EIN 82-1927087 · Private Grantmaking Foundations (T20)

What they do

THE MICHAEL AND LORI MILKEN FAMILY FOUNDATION

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders6 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$46.00spent for every $100 of revenueRevenue covered expenses this year.
$14.44in assets for every $1 spent this yearSome assets cannot be spent right away.
46.3%of its money came from giftsOther money may come from services or investments.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $150,000 for RICHARD SANDLER (CO-TRUSTEE). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$60,504,306
Expenses$27,830,407
Annual surplus $32,673,899 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$60,504,306
Expenses$27,830,407
Assets$401,741,080
Income$61,404,351
Contributions$28,000,000
Grants given$105,514,823
Average grant$217,109
Stocks and bonds$15,841,575
Accounting fees$744,412
Investing fees$153,655
People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
RICHARD SANDLERCO-TRUSTEE · 10 hrs/week $150,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (6)

RICHARD SANDLERCO-TRUSTEE

BARI MILKENCO-TRUSTEE

GREGORY MILKENCO-TRUSTEE

LANCE MILKENCO-TRUSTEE

LORI MILKENTRUSTEE

MICHAEL MILKENTRUSTEE

About this charity

Recognized since
January 2018
Location
1250 4TH ST STE 520, SANTA MONICA, CA 90401-1418
County
Los Angeles
In care of
% RICHARD V SANDLER
Primary officer
RICHARD SANDLER, CO-TRUSTEE

How to reach them

Filing and classification

Latest tax year
2023
Tax period began
December 1, 2023
Return type
990PF
Tax preparer
GREEN HASSON & JANKS LLP
NTEE classification
Private Grantmaking Foundations (T20)
IRS tax category
Private Grantmaking Foundations
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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