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California · Public charity

The Milken Institute

THE MILKEN INSTITUTE is a non-profit, nonpartisan think tank determined to increase global prosperity by advancing collaborative solutions that widen access to capital, create jobs, and improve health. We do this through independent, data-drive research, action-oriented meetings and meaningful policy initiatives.

$52M
Granted FY2024(still arriving)
31
Itemized grants FY2024
18
Organizations funded FY2023
94%
First-time grantees FY2023
Read the full brief
Itemized, FY2024
$43M
The rest is grants the schedule does not break out
Median grant, FY2024
$375,792
Largest grant, FY2024
$6,166,250
Organizations funded a year
1 to 18
FY2017 to FY2023
States reached, FY2024
14
Total assets, FY2024
$1.5B

How open it is to new grantees

In FY2023, 94% of the organizations The Milken Institute funded were first-time grantees, receiving 100% of its grant dollars.

New vs renewed · share of each year

In FY2023, 0% of grant dollars renewed an existing relationship; $31M went to new ones.

50%100%’18’19’20’21’22’23
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’18’19’20’21’22’23
HealthEducationHousing & ShelterPhilanthropySocial ScienceOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving18$29M89%
FY202318$31M94%
FY20221$25k0%
FY20213$400k33%
FY20204$580k25%
FY20193$622k0%
FY20184$2.1M0%
FY20174$2.4Mn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2024.

Health$74MScience & Tech$14MCommunity Improvement$4.2MInternational$2.7MEducation$630kPhilanthropy$120kEnvironment$80k

Where its grants go

Grant dollars by states, across the years we hold.

Which US states its grants reach

AK
IL
MI
NY
MA
OR
PA
CT
CA
CO
MD
DE
NC
DC
GA
TX
FL

Top grantees

Largest recipients by total granted, FY2017 to FY2024, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
The Broad Institute Inc$14,411,45521%
The Feinstein Institutes for Medical Research$6,166,25014%
Mass General Brigham Incorporated$6,145,6922n/a
Icahn School of Medicine at Mount Sinai$4,912,04410%
The J David Gladstone Institutes$4,843,86614%
Regents of the University of California at Berkeley$4,499,8451n/a
New York Genome Center Inc$4,411,62815%
23andMe Inc$2,266,6672n/a
Regents of the University of Michigan$2,212,0491n/a
Regents Univ of California$2,212,0491n/a
Show all 39 grantees
All grantees of The Milken Institute by total granted
GranteeTotal grantedYearsShare of their budget
The Broad Institute Inc$14,411,45521%
The Feinstein Institutes for Medical Research$6,166,25014%
Mass General Brigham Incorporated$6,145,6922n/a
Icahn School of Medicine at Mount Sinai$4,912,04410%
The J David Gladstone Institutes$4,843,86614%
Regents of the University of California at Berkeley$4,499,8451n/a
New York Genome Center Inc$4,411,62815%
23andMe Inc$2,266,6672n/a
Regents of the University of Michigan$2,212,0491n/a
Regents Univ of California$2,212,0491n/a
University of Texas Health Science Center Houston$2,212,0491n/a
Johns Hopkins University$2,212,04910%
Jerusalem Foundation Inc$1,800,00054%
The George Washington University$1,604,87940%
Mass General Brigham Incorporated$993,0521n/a
Depression and Bipolar Support Alliance$893,000122%
Emory University$600,00010%
Oregon Health & Science University$599,9981n/a
Cedars-Sinai Medical Center$599,99810%
Great Rivers Community Trust$575,00016%
University of Chicago$400,00070%
Egeria Corporation - Opengrants$320,0001n/a
The Aspen Institute Inc$190,00010%
Georgetown University$180,04810%
Northwestern University$150,00010%
Fundthrough USA Inc$120,0001n/a
Verto Fx Inc$100,0001n/a
Oze Inc$100,0001n/a
Lipa Later Inc$100,0001n/a
Baraqa Technologies Inc$100,0001n/a
Commerce Richesse Inc$100,0001n/a
Catalyst Development Corporation$50,000120%
Banyan Infrastructure Corporation$25,0001n/a
Prostate Cancer Foundation$23,78010%
Genh Inc$20,0001n/a
New Horizons Technologies$20,0001n/a
Now Matters LLC$15,0001n/a
Duke University Health System Inc$10,00010%
Actionaid USA$8,06810%

Where it is load-bearing

Each grantee by its size and the share of its budget The Milken Institute supplied at peak.

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetThe Broad Institute Inc: $14,411,455 over 2y, 1.1% of budgetThe Feinstein Institutes for Medical Research: $6,166,250 over 1y, 3.8% of budgetIcahn School of Medicine at Mount Sinai: $4,912,044 over 1y, 0.1% of budgetThe J David Gladstone Institutes: $4,843,866 over 1y, 4.1% of budgetNew York Genome Center Inc: $4,411,628 over 1y, 4.8% of budgetJohns Hopkins University: $2,212,049 over 1y, 0.0% of budgetJerusalem Foundation Inc: $1,800,000 over 5y, 3.6% of budgetThe George Washington University: $1,604,879 over 4y, 0.0% of budgetDepression and Bipolar Support Alliance: $893,000 over 1y, 22% of budgetEmory University: $600,000 over 1y, 0.0% of budgetCedars-Sinai Medical Center: $599,998 over 1y, 0.0% of budgetGreat Rivers Community Trust: $575,000 over 1y, 6.0% of budgetUniversity of Chicago: $400,000 over 7y, 0.0% of budgetThe Aspen Institute Inc: $190,000 over 1y, 0.0% of budgetGeorgetown University: $180,048 over 1y, 0.0% of budgetNorthwestern University: $150,000 over 1y, 0.0% of budgetCatalyst Development Corporation: $50,000 over 1y, 20% of budgetProstate Cancer Foundation: $23,780 over 1y, 0.0% of budgetDuke University Health System Inc: $10,000 over 1y, 0.0% of budgetActionaid USA: $8,068 over 1y, 0.2% of budget

Tap a dot to name the grantee.

How this is measured
Share of budget is the funder’s grant in a year over the grantee’s total revenue that year, at its highest across the years we hold; revenue is from all sources. Only grantees confirmed against their own filings, whose grants do not exceed their revenue, are plotted: the largest 20.

Nonprofits that may fit its grantmaking

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Gates FoundationWA12.8× affinity4 shared granteesties to 5 of 5Hover any node to trace its alignments.Compare side by side →

Open a dossier: Gates Foundation · National Philanthropic Trust · American Online Giving Foundation Inc · Donor Advised Charitable Giving Inc · Fidelity Investments Charitable Gift Fund · Amazonsmile Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

Compare The Milken Institute with peer funders

Warm introductions · Powered by PlinthPlus

How do I get to The Milken Institute?

Find your warmest path to The Milken Institute through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

About The Milken Institute

How much does The Milken Institute give?
The Milken Institute reported 31 itemized grants totaling $42,891,793, out of $52,388,884 in total grant expense reported on the return in its FY2024 IRS filing. It funded between 1 and 18 organizations a year over FY2017 to FY2023.
What does The Milken Institute fund?
By grant dollars over FY2017 to FY2024, its largest causes are Health (77%), Science & Tech (15%), Community Improvement (4%).
Who are The Milken Institute's largest grantees?
By total granted over FY2017 to FY2024: The Broad Institute Inc ($14M), The Feinstein Institutes for Medical Research ($6.2M), Mass General Brigham Incorporated ($6.1M).
Does The Milken Institute fund new organizations?
In FY2023, 94% of the organizations it funded were first-time grantees.
Which funders back the same organizations as The Milken Institute?
Its strongest co-funders, measured against what their size predicts, include Gates Foundation, National Philanthropic Trust, American Online Giving Foundation Inc.
Where is The Milken Institute based?
The Milken Institute is based in CA.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 49 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990 e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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