Nonprofit · EIN 95-4073646
THE MILKEN FAMILY FOUNDATION
Tax-exempt · SANTA MONICA, CA 90401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| November 30, 2024 | 990-PF | $4,491,625 | $11,474,014 | -$6,982,389 | $91,997,597 | $33,546 | $91,964,051 |
| November 30, 2023 | 990-PF | $5,047,960 | $9,797,908 | -$4,749,948 | $98,977,255 | $30,815 | $98,946,440 |
Financial details: 990-PF for the year ended November 30, 2024
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $139
- Interest
- $173,129
- Net gain from sales of assets
- $1,691,346
- Other income
- $2,627,011
Expenses
- Grants and similar amounts paid
- $369,300
- Compensation of officers, directors and key employees
- $1,097,276
- Salaries, compensation and benefits (total)
- $1,416,866
- Disbursements for charitable purposes
- $11,059,554
- Excise tax on investment income
- $51,587
Balance sheet and other
- Total assets, start of year
- $98,977,255
- Total assets, end of year
- $91,997,597
- Total liabilities, end of year
- $33,546
- Net assets, end of year
- $91,964,051
- Fair market value of assets
- $112,348,228
- Qualifying distributions
- $11,059,554
- Net investment income
- $3,903,476
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended November 30, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JANE FOLEY 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | SR. VP, MILKEN EDUCATOR AWARDS | 40 | $354,792 | $42,142 |
| RICHARD YEE 1250 FOURTH STREET 5TH FLOOR, SANTA MONICA, CA 90401 | SR. VP & CFO | 40 | $263,146 | $30,202 |
| RICHARD SANDLER 1250 FOURTH STREET 5TH FLOOR, SANTA MONICA, CA 90401 | EXECUTIVE VP & SECRETARY | 35 | $228,000 | $37,247 |
| GARY PANAS 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | VP OF DESIGN | 40 | $209,583 | $33,093 |
| L LESSER 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | CREATIVE SERVICES AD Highest-paid employee | 40 | $196,000 | $35,401 |
| D ELISHA 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | CONTROLLER Highest-paid employee | 40 | $180,000 | $21,993 |
| NIKKI HAYES 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | VP, POST-PRODUCTION | 40 | $162,540 | $25,759 |
| MICHAEL HILLMAN 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | VP, PRODUCTION | 40 | $150,000 | $28,301 |
| STEPHANIE BISHOP 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | VP, MILKEN EDUCATOR AWARDS | 40 | $144,233 | $29,992 |
| PAUL BLIESE 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | VP, PHOTOGRAPHY | 40 | $144,133 | $24,971 |
| JANA RAUSCH 1250 FOURTH STREET 3RD FLOOR, SANTA MONICA, CA 90401 | VP, COMMUNICATIONS | 40 | $141,917 | $29,707 |
| A JARMON 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | SR. ACCOUNTANT Highest-paid employee | 40 | $134,767 | $29,937 |
| J LYONS 1250 FOURTH STREET 5TH FLOOR, SANTA MONICA, CA 90401 | EXECUTIVE ASSISTANT Highest-paid employee | 40 | $134,767 | $6,489 |
| J YINGLING 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | WRITER Highest-paid employee | 40 | $129,583 | $24,313 |
| JONI MILKEN-NOAH 1250 FOURTH STREET 3RD FLOOR, SANTA MONICA, CA 90401 | VP, MIKE'S MATH CLUB | 40 | $102,000 | $23,118 |
6 more people on this return
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENNIFER FULLER 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | VP, MILKEN EDUCATOR AWARDS | 40 | $31,859 | $4,634 |
| LOWELL MILKEN 1250 FOURTH STREET 6TH FLOOR, SANTA MONICA, CA 90401 | CHAIRMAN & DIRECTOR | 30 | $0 | $0 |
| MICHAEL MILKEN 1250 FOURTH STREET 6TH FLOOR, SANTA MONICA, CA 90401 | PRESIDENT & DIRECTOR | 10 | $0 | $0 |
| RALPH FINERMAN 1250 FOURTH STREET 5TH FLOOR, SANTA MONICA, CA 90401 | SR. VP & DIRECTOR | 20 | $0 | $0 |
| LYNDA RESNICK 1250 FOURTH STREET 6TH FLOOR, SANTA MONICA, CA 90401 | DIRECTOR | 5 | $0 | $0 |
| THOMAS BOYSEN 1250 FOURTH STREET 6TH FLOOR, SANTA MONICA, CA 90401 | DIRECTOR | 5 | $0 | $0 |
990-PF for the year ended November 30, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JANE FOLEY 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | SR. VP, MILKEN EDUCATOR AWARDS | 40 | $323,917 | $38,751 |
| RICHARD YEE 1250 FOURTH STREET 5TH FLOOR, SANTA MONICA, CA 90401 | SR. VP & CFO | 40 | $252,367 | $28,474 |
| RICHARD SANDLER 1250 FOURTH STREET 5TH FLOOR, SANTA MONICA, CA 90401 | EXECUTIVE VP & SECRETARY | 35 | $228,000 | $34,557 |
| GARY PANAS 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | VP OF DESIGN | 40 | $204,583 | $30,928 |
| NIKKI HAYES 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | VP, POST-PRODUCTION | 40 | $156,875 | $24,229 |
| L LESSER 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | CREATIVE SERVICES AD Highest-paid employee | 40 | $152,000 | $23,920 |
| MICHAEL HILLMAN 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | VP, PRODUCTION | 40 | $148,000 | $25,562 |
| STEPHANIE BISHOP 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | VP, MILKEN EDUCATOR AWARDS | 40 | $138,342 | $30,748 |
| PAUL BLIESE 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | VP, PHOTOGRAPHY | 40 | $130,733 | $23,075 |
| JANA RAUSCH 1250 FOURTH STREET 3RD FLOOR, SANTA MONICA, CA 90401 | VP, COMMUNICATIONS | 40 | $129,583 | $26,916 |
| J LYONS 1250 FOURTH STREET 5TH FLOOR, SANTA MONICA, CA 90401 | EXECUTIVE ASSISTANT Highest-paid employee | 40 | $129,167 | $6,263 |
| A JARMON 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | SR. ACCOUNTANT Highest-paid employee | 40 | $127,162 | $27,685 |
| J YINGLING 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | WRITER Highest-paid employee | 40 | $125,000 | $22,806 |
| G GALLAGHER 1250 FOURTH STREET 4TH FLOOR, SANTA MONICA, CA 90401 | ALUMNI PROGRAM DIREC Highest-paid employee | 40 | $119,742 | $23,301 |
| JONI MILKEN-NOAH 1250 FOURTH STREET 3RD FLOOR, SANTA MONICA, CA 90401 | VP, MIKE'S MATH CLUB | 40 | $102,000 | $21,839 |
| LOWELL MILKEN 1250 FOURTH STREET 6TH FLOOR, SANTA MONICA, CA 90401 | CHAIRMAN & DIRECTOR | 30 | $0 | $0 |
| MICHAEL MILKEN 1250 FOURTH STREET 6TH FLOOR, SANTA MONICA, CA 90401 | PRESIDENT & DIRECTOR | 10 | $0 | $0 |
| RALPH FINERMAN 1250 FOURTH STREET 5TH FLOOR, SANTA MONICA, CA 90401 | SR. VP & DIRECTOR | 20 | $0 | $0 |
| LYNDA RESNICK 1250 FOURTH STREET 6TH FLOOR, SANTA MONICA, CA 90401 | DIRECTOR | 5 | $0 | $0 |
| THOMAS BOYSEN 1250 FOURTH STREET 6TH FLOOR, SANTA MONICA, CA 90401 | DIRECTOR | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1250 4TH ST FL 5, SANTA MONICA, CA 90401-1418
- In care of
- % LOWELL MILKEN
- Signed the 990-PF
- RICHARD SANDLER, EXECUTIVE VP & SECRETARY
- Phone
- (310) 570-4800
- Website
- WWW.MFF.ORG
- Return prepared by
- GREEN HASSON & JANKS LLP
California records
California keeps its own records of charities and corporations. Search them by EIN 95-4073646 or by the name THE MILKEN FAMILY FOUNDATION.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in November, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | November 30, 2025 | April 15, 2026 | Not on file |
| 2023 | November 30, 2024 | April 15, 2025 | 990-PF on file |
| 2022 | November 30, 2023 | April 15, 2024 | 990-PF on file |
IRS record
- EIN
- 95-4073646
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1998
- Accounting year ends
- November
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $91,997,597
- Income (IRS master file)
- $6,998,400
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | November 2024 | $4,491,625 | $11,474,014 | $91,997,597 | IRS |
| 990-T | November 2024 | – | – | – | IRS |
| 990-PF | November 2023 | $5,047,960 | $9,797,908 | $98,977,255 | XML |
| 990-T | November 2023 | – | – | – | IRS |
| 990-PF | November 2022 | – | – | – | IRS |
| 990-T | November 2022 | – | – | – | IRS |
| 990-PF | November 2021 | – | – | – | IRS |
| 990-T | November 2021 | – | – | – | IRS |
| 990-PF | November 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 95-4073646).
Questions about THE MILKEN FAMILY FOUNDATION
- What is the EIN of THE MILKEN FAMILY FOUNDATION?
- The employer identification number (EIN) of THE MILKEN FAMILY FOUNDATION is 95-4073646.
- Is THE MILKEN FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to THE MILKEN FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does THE MILKEN FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of THE MILKEN FAMILY FOUNDATION due?
- The return for tax year 2024 (the year ending November 30, 2025) is due April 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE MILKEN FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended November 2024.
- Who are the officers and directors of THE MILKEN FAMILY FOUNDATION?
- The 990-PF for the year ended November 30, 2024 lists 21 people; 16 received compensation from the organization, the highest $354,792 (JANE FOLEY, SR. VP, MILKEN EDUCATOR AWARDS).
- How much revenue does THE MILKEN FAMILY FOUNDATION have?
- On its 990-PF for the year ended November 30, 2024 it reported revenue of $4,491,625, expenses of $11,474,014 and total assets of $91,997,597 at year end.
Other nonprofits in SANTA MONICA
- CARL AND ROBERTA DEUTSCH FOUNDATION EIN 95-4610378 · last filed 990-PF for 2024
- MICHAEL AND LORI MILKEN FAMILY FOUNDATION EIN 82-1927087 · last filed 990-PF for 2024
- PROSTATE CANCER FOUNDATION EIN 95-4418411 · last filed 990 for 2024
- FOCUSING PHILANTHROPY INC EIN 45-2405071 · last filed 990 for 2025
- DR S JEROME & JUDITH D TAMKIN FOUNDATION EIN 46-5211327 · last filed 990-PF for 2024
- LOWELL MILKEN FAMILY FOUNDATION EIN 95-4078354 · last filed 990-PF for 2025
- EDUCATION AND SCIENCE FUND INC EIN 93-4930081 · last filed 990 for 2024
- CAMBODIAN CHILDRENS FUND EIN 20-0764162 · last filed 990 for 2025
All nonprofits in SANTA MONICA · California · Philanthropy, voluntarism and grantmaking foundations