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California · Nonprofit

THE MICHELSON 20MM FOUNDATION INC

THE MICHELSON 20MM FOUNDATION INC (California) receives grants from 12 organizations whose IRS filings report $12,868,854 to it, the largest being MICHELSON MEDICAL RESEARCH FOUNDATION INC ($10,700,000). 7 of them have funded it in more than one year.

$4.5M
Revenue FY2024
12
Funders on record
$13M
Grants received
$3.4M
Net assets
7/12 repeat funderspeak grant-dependency 98%

Against its field

THE MICHELSON 20MM FOUNDATION INC's funding base is broadening — from 1 funders to 5 as grant income climbed.

Months of reserve1.6mo · bottom quartile
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 2,910 philanthropy nonprofits $1M–$10M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.3M) Expenses 100 ($864k) Net assets 100 ($2.6M)2018 Revenue 50 ($1.6M) Expenses 121 ($1.0M) Net assets 124 ($3.2M)2019 Revenue 57 ($1.9M) Expenses 211 ($1.8M) Net assets 125 ($3.3M)2020 Revenue 57 ($1.9M) Expenses 217 ($1.9M) Net assets 126 ($3.3M)2021 Revenue 58 ($1.9M) Expenses 237 ($2.1M) Net assets 119 ($3.1M)2022 Revenue 99 ($3.2M) Expenses 289 ($2.5M) Net assets 153 ($4.0M)2023 Revenue 106 ($3.5M) Expenses 446 ($3.9M) Net assets 162 ($4.2M)2024 Revenue 137 ($4.5M) Expenses 565 ($4.9M) Net assets 131 ($3.4M)
'17'18'19'20'21'22'23'24
Revenue (137)Expenses (565)Net assets (131)Peer revenue range
02Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $1.8M → $2.0M.

5 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF)4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE MICHELSON 20MM FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE MICHELSON 20MM FOUNDATION INC leans on a few funders — its largest provides 83% of grant income and the top three 95%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

83%
largest funder
95%
top three
~1
effective funders

Largest funder’s share by year: 2020 100% · 2021 100% · 2022 92% · 2023 93%diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of THE MICHELSON 20MM FOUNDATION INC's funders are still giving 1 year after their first grant; 58% give in more than one year at all.

first grant+1y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

99% of THE MICHELSON 20MM FOUNDATION INC's grant income comes from California funders.

MN
IN
CA

In-state vs out-of-state, by year

20
21
22
23
California out of state home

Funder states come from each funder’s own filing. $470k arriving through sponsors registered in 3 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 12 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like THE MICHELSON 20MM FOUNDATION INC

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for THE MICHELSON 20MM FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE MICHELSON 20MM FOUNDATION INC?
THE MICHELSON 20MM FOUNDATION INC (California) receives grants from 12 organizations whose IRS filings report $12,868,854 to it, the largest being MICHELSON MEDICAL RESEARCH FOUNDATION INC ($10,700,000). 7 of them have funded it in more than one year.
How many funders does THE MICHELSON 20MM FOUNDATION INC have?
IRS filings report 12 organizations giving $12,868,854 in grants to THE MICHELSON 20MM FOUNDATION INC, 7 of which have funded it in more than one year.
Who is the largest funder of THE MICHELSON 20MM FOUNDATION INC?
MICHELSON MEDICAL RESEARCH FOUNDATION INC is the largest funder on record, with $10,700,000 in grants. The full list of funders is on this page.
How can an organization like THE MICHELSON 20MM FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 12funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing