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Lowell Milken Family Foundation

Profile

Last Updated: 2016-07-28

At A Glance

Lowell Milken Family Foundation

(formerly L. and S. Milken Foundation)

1250 4th St., 3rd Fl.

Santa Monica, CA United States 90401-1304

URL: www.lowellmilken.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2014-10-31)

Assets: $83,740,764

Total giving: $5,918,646

EIN

954078354

BRIDGE Number

1600360486

Background

Established in 1986 in CA - Founded by Lowell Milken, Chair. of Heron International, a London-based property development company, and Knowledge Universe, Inc., a company that is involved in early childhood education and educational programs and services.

Purpose and Activities

Giving to build human resources through programs in four major areas: 1) Education: to reward educational innovators, stimulate creativity among students, involve parents and other citizens in the school system, and offer opportunities to the disadvantaged student; 2) Health Care and Medical Research: to make the benefits of both basic and highly advanced health care available to those who need them; 3) Community Services: to support programs and facilities that meet the essential needs at the neighborhood level; and 4) Human Welfare: to meet the compelling needs of the disadvantaged.

Fields of Interest

Subjects
  • Cancers
  • Diseases and conditions
  • Education
  • Higher education
  • Human services
  • Judaism
  • Nonprofits
Population Groups
  • Academics
  • Children and youth
  • Students
Organizations
  • Associations
  • Judaic institutions
  • Public charities

Financial Data

Year ended 2014-10-31

Assets: $83,740,764 (market value)

Gifts received: $9,236,975

Expenditures: $6,331,608

Total giving: $5,918,646

Qualifying distributions: $6,128,293

Giving activities include:

$5,918,646 for 50 grants (high: $1,351,000; low: $1,000)