The Milken Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 954240775 ✦ Santa monica, CA ✦ Designated as a 501(c)(3)

Overview

What is The Milken Institute?

The Milken Institute is a renowned non-profit think tank committed to expanding global prosperity by collaboratively advancing solutions that widen access to capital, create jobs, and improve health. Based in Santa Monica, California, the organization's mission is carried out through various centers: FasterCures, which accelerates medical research solutions; the Center for Financial Markets, focusing on financial market understanding and capital access; the Milken Institute Asia Center, analyzing Asian demographic trends and capital markets; and the Center for Public Health, addressing public health challenges. Other initiatives include the Center for the Future of Aging, the Center for Strategic Philanthropy, and the Milken Scholars Program. The Milken Institute's work is nonpartisan and data-driven, aiming to bring about meaningful policy initiatives. With a staff of approximately 311 employees, the organization's reach extends beyond borders, impacting lives and strengthening societies.


Official website here: www.milkeninstitute.org

Is The Milken Institute legitimate?

The Milken Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Milken Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $3,249,981
Professional Fundraising Fees: $682,228
Other Salaries and Wages: $27,337,552

For more financial information, click here


Official website here: www.milkeninstitute.org

What is the mission statement of The Milken Institute?

The Milken Institute is a non-profit, nonpartisan think tank dedicated to increasing global prosperity by advancing collaborative solutions that widen access to capital, create jobs, and improve health. Through independent, data-driven research, action-oriented meetings, and meaningful policy initiatives, the organization strives to make a significant impact on a global scale. The Milken Institute's mission is pursued through various programs, including FasterCures, which aims to improve the medical research system by clearing roadblocks that hinder medical breakthroughs from reaching patients sooner. The Center for Financial Markets focuses on expanding access to capital, strengthening financial markets, and developing innovative financial solutions to address pressing global challenges. The organization's work extends beyond healthcare and finance, with centers dedicated to public health, the future of aging, and strategic philanthropy. The Center for Public Health uses applied research, economics, policy, and communications to solve public health challenges, while the Center for the Future of Aging promotes healthy, productive, and purposeful aging. The Center for Strategic Philanthropy maximizes return on philanthropic investment by ensuring that innovative solutions used to address one social issue are translated to others and that best practices and metrics guide new and existing giving programs.


Official website here: www.milkeninstitute.org

Who is the CEO of The Milken Institute?

Richard Ditizio is the President - Mcaad of The Milken Institute. The CEO's salary of The Milken Institute is $769,249 and their total compensation is $816,832.


Official website here: www.milkeninstitute.org

What is the revenue of The Milken Institute?

The Milken Institute's revenue in 2022 was $273,734,030.


Official website here: www.milkeninstitute.org

Who are the executives of The Milken Institute and what are their salaries?

The average compensation at The Milken Institute during 2022 was $98,352. There are 311 employees and 10 volunteers at The Milken Institute.

Here are 20 key members and their salaries (The Milken Institute's CEO's salary is $769,249 and their total compensation is $816,832):

    Michael L Klowden (Executive Vice Chairman) [Trustee/Director]
  • Compensation: $796,662
  • Related: $0
  • Other: $47,567

    • Kerry Healey (President - Mcaad)
  • Compensation: $826,347
  • Related: $0
  • Other: $14,612

    • Richard Ditizio (Chief Executive Officer & President)
  • Compensation: $769,249
  • Related: $0
  • Other: $47,583

    • Martha Mazzone (General Counsel)
  • Compensation: $462,598
  • Related: $0
  • Other: $26,212

    • John Hunter (Exec. Vp & Cfo)
  • Compensation: $403,677
  • Related: $0
  • Other: $61,137

    • Michael Piwowar (Executive Vice President)
  • Compensation: $392,491
  • Related: $0
  • Other: $61,137

    • Esther Krofah (Executive Vice President)
  • Compensation: $418,503
  • Related: $0
  • Other: $28,309

    • Melissa Stevens (Executive Vice President)
  • Compensation: $402,193
  • Related: $0
  • Other: $23,089

    • Sarah Sandler (Exec Dir-Business & Prog Development)
  • Compensation: $393,947
  • Related: $0
  • Other: $18,188

    • Kathryn O'Reilly (Exec Dir-Business & Prog Development)
  • Compensation: $267,422
  • Related: $0
  • Other: $15,725

    • Michael Milken (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ralph Finerman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Sandler (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Yvonne Chan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mariano Guzman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Freda Lewis-Hall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory Milken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lance Milken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Milken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kneeland Youngblood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.milkeninstitute.org

    Where can I find the form 990 for The Milken Institute?

    The The Milken Institute’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.milkeninstitute.org

    Learn more at the official website: www.milkeninstitute.org

    Mission Statement of The Milken Institute

    The Milken Institute, a renowned non-profit, nonpartisan think tank, is committed to broadening access to capital, creating jobs, and enhancing health on a global scale. It achieves this mission through independent, data-driven research, action-oriented meetings, and meaningful policy initiatives.

    This organization pursues its objectives by engaging in a variety of programmatic activities. The Center for Faster Cures, for instance, strives to improve the medical research system by clearing obstacles that hinder medical breakthroughs from reaching patients sooner. It aims to accelerate the progress of discovery and development of medical solutions through programs that educate stakeholders, amplify best practices, and facilitate collaboration among leaders across sectors.

    The Center for Financial Markets promotes financial market understanding and works to expand access to capital. It strengthens and deepens financial markets and develops innovative financial solutions to address the most pressing global challenges. By doing so, The Milken Institute contributes to a more robust and dynamic financial landscape.

    The Milken Institute's work extends beyond its centers, with each program focusing on specific areas to create a significant impact. The organization's dedication to its mission is reflected in its collaborative approach, bringing together various stakeholders and thought leaders to effect change.

    Impact

    This information is meant to be a general summary of The Milken Institute. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Milken Institute's impact can be seen through its various programmatic activities aimed at widening access to capital, creating jobs, and improving health. For example, the FasterCures program works to accelerate medical research advancements and ensure breakthroughs reach patients faster. The Center for Financial Markets promotes financial market understanding and develops innovative solutions to global challenges. The Asia Center provides research and thought leadership to assist Asian capital markets and industries. The Center for Public Health solves public health challenges through research, economics, policy, and collaboration. The Center for the Future of Aging aims to promote healthy and purposeful aging, while the Center for Strategic Philanthropy maximizes the impact of philanthropic investments. Additionally, the Milken Scholars Program supports college students through scholarships, training, and mentoring. These efforts collectively contribute to the Institute's mission of advancing collaborative solutions for global prosperity.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $19,573,125
  • Program Service Revenue: $1,064,153
  • Gross Receipts: $274,749,700

    • Assets and Liabilities:
  • Total Assets: $1,093,462,243
  • Total Liabilities: $77,110,984
  • Net Assets: $1,016,351,259
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    CONFERENCES

    Revenue

    $1,064,090

    PUBLICATIONS

    Revenue

    $63

    Organization Details

    Founding Year

    1989

    Principal Officer

    Richard Ditizio

    Main Address

    1250 FOURTH STREET 2ND FLOOR, SANTA MONICA, CA, 90401

    NTEE Category

    Code: O50 - Youth development

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