THE MILKEN INSTITUTE: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- THE MILKEN INSTITUTE (EIN 95-4240775)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202333199349327078
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule F
- Schedule G
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T17:56:46-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 453269313 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GREEN HASSON & JANKS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 700 SOUTH FLOWER STREET SUITE 3300 | AddressLine1Txt |
| City | LOS ANGELES | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90017 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 954240775 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE MILKEN INSTITUTE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MILK | BusinessNameControlTxt |
| Phone | 3105704600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1250 FOURTH STREET 2ND FLOOR | AddressLine1Txt |
| City | SANTA MONICA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | RICHARD DITIZIO | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 3105704600 | PhoneNum |
| Signature | 2023-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RICHARD | PersonFirstNm |
| Person Last | DITIZIO | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LIZBETH G NEVAREZ | PreparerPersonNm |
| PTIN | P01399868 | PTIN |
| Phone | 3108731600 | PhoneNum |
| Preparation | 2023-11-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | RICHARD DITIZIO | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1250 FOURTH STREET 2ND FLOOR | AddressLine1Txt |
| City | SANTA MONICA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $274,749,700 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MILKENINSTITUTE.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1989 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | TO ADVANCE SOLUTIONS THAT WIDEN ACCESS TO CAPITAL, CREATE JOBS AND IMPROVE HEALTH. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 10 | VotingMembersIndependentCnt |
| Total Employee | 311 | TotalEmployeeCnt |
| Total Volunteers | 10 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $58,431 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $289,090,736 | PYContributionsGrantsAmt |
| CY Contributions Grants | $252,970,179 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $225,674 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $1,064,153 | CYProgramServiceRevenueAmt |
| PY Investment Income | $27,366,583 | PYInvestmentIncomeAmt |
| CY Investment Income | $19,573,125 | CYInvestmentIncomeAmt |
| PY Other Revenue | $687,749 | PYOtherRevenueAmt |
| CY Other Revenue | $126,573 | CYOtherRevenueAmt |
| PY Total Revenue | $317,370,742 | PYTotalRevenueAmt |
| CY Total Revenue | $273,734,030 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $1,280,611 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,207,928 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $31,028,599 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $37,377,371 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $230,028 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $682,228 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $8,638,506 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $32,042,939 | PYOtherExpensesAmt |
| CY Other Expenses | $53,831,949 | CYOtherExpensesAmt |
| PY Total Expenses | $64,582,177 | PYTotalExpensesAmt |
| CY Total Expenses | $93,099,476 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $252,788,565 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $180,634,554 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $890,913,032 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,093,462,243 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $39,827,461 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $77,110,984 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $851,085,571 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,016,351,259 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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. | MissionDesc |
| Significant New Program Srvc | Yes (1) | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $31,138,100 | ExpenseAmt |
| Grant | $1,207,928 | GrantAmt |
| Desc | THE MILKEN INSTITUTE PURSUES ITS MISSION THROUGH A RANGE OF PROGRAMMATIC ACTIVITIES IN OUR CENTERS.FASTERCURES WORKS TO IMPROVE THE MEDICAL RESEARCH SYSTEM-- TO CLEAR ROADBLOCKS THAT PREVENT MEDICAL BREAKTHROUGHS FROM REACHING PATIENTS SOONER. ITS MISSION IS TO ACCELERATE THE PROGRESS OF DISCOVERY AND DEVELOPMENT OF MEDICAL SOLUTIONS THROUGH PROGRAMS THAT EDUCATE STAKEHOLDERS, AMPLIFY BEST PRACTICES, AND CREATE OPPORTUNITIES FOR LEADERS ACROSS SECTORS TO COME TOGETHER AND EFFECT CHANGE.THE CENTER FOR FINANCIAL MARKETS PROMOTES FINANCIAL MARKET UNDERSTANDING AND WORKS TO EXPAND ACCESS TO CAPITAL, STRENGTHEN - AND DEEPEN - FINANCIAL MARKETS, AND DEVELOP INNOVATIVE FINANCIAL SOLUTIONS TO THE MOST PRESSING GLOBAL CHALLENGES.THE MILKEN INSTITUTE ASIA CENTER, BASED IN SINGAPORE, ANALYZES THE DEMOGRAPHIC TRENDS, TRADE RELATIONSHIPS AND CAPITAL FLOWS THAT WILL DEFINE THE FUTURE. IT PROVIDES RESEARCH AND THOUGHT LEADERSHIP THAT CAN ASSIST GOVERNMENTS, INVESTORS AND INDUSTRY AS THE ASIAN CAPITAL MARKETS AND INDUSTRIES RAPIDLY EXPAND.THE CENTER FOR PUBLIC HEALTH USES APPLIED RESEARCH, ECONOMICS, POLICY AND COMMUNICATIONS TO SOLVE PUBLIC HEALTH CHALLENGES. CPH REACHES OUT, CONVENES AND COLLABORATES WITH LIKE-MINDED INSTITUTIONS AND THOUGHT LEADERS IN BUSINESS, GOVERNMENT, PHILANTHROPY, EDUCATION AND THE MEDIA TO SHAPE SYSTEM-LEVEL SOLUTIONS TO THE WORLD'S MOST URGENT HEALTH CHALLENGES.THE MISSION OF THE CENTER FOR THE FUTURE OF AGING IS TO IMPROVE LIVES AND STREGTHEN SOCIETIES BY PROMOTING HEALTHY, PRODUCTIVE AND PURPOSEFUL AGING.THE CENTER FOR STRATEGIC PHILANTHROPY WORKS TO MAXIMIZE RETURN ON PHILANTHROPIC INVESTMENT BY ENSURING THAT INNOVATION USED TO ADDRESS ONE SOCIAL ISSUE IS TRANSLATED TO ANOTHER, BEST PRACTICES AND METRICS GUIDE NEW AND EXISTING GIVING PROGRAMS, AND RESOURCES ARE INVESTED TO OPTIMIZE OUTCOMES.MILKEN SCHOLARS PROGRAM PROVIDES SCHOLARSHIP SUPPORT, EXTENSIVE TRAINING AND MENTORING TO COLLEGE STUDENTS WHO ARE GENERALLY OF MODEST TO MIDDLE INCOME AND ARE SELECTED AFTER A RIGOROUS PROCESS. THE PROGRAM WAS APPROVED AS A SCHOLARSHIP GRANTING PROGRAM BY THE INTERNAL REVENUE SERVICE WHILE IT WAS OPERATED BY MILKEN FAMILY FOUNDATION.BD2 WAS FOUNDED TO PROVIDE FUNDING TO SUPPORT ACADEMIC AND MEDICAL RESEARCHERS TO FURTHER LEARNING RELATED TO BIPOLAR DISORDER. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $29,122,785 | ExpenseAmt |
| Revenue | $1,064,153 | RevenueAmt |
| Desc | THE MILKEN INSTITUTE ACTIVELY ENGAGES AND EDUCATES LEADERS IN BUSINESS, SEMINARS AND CONFERENCES RELATED TO ITS CHARITABLE PURPOSE. THESE INCLUDE: GLOBAL CONFERENCE, CALIFORNIA POLICY SUMMIT, FUTURE OF HEALTH SUMMIT, LONDON SUMMIT, ASIA SUMMIT, FINANCIAL INNOVATION LABS AND FORUMS. THE SENIOR STAFF AND FELLOWS SPEAK REGULARLY AT EVENTS ACROSS THE UNITED STATES AND AROUND THE WORLD. THEY ARE AVAILABLE FOR SPEAKING AT CONFERENCES AND SEMINARS ON A VARIETY OF TOPICS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $12,054,520 | ExpenseAmt |
| Desc | THE MILKEN INSTITUTE PURSUES ITS MISSION THROUGH APPLIED ECONOMIC RESEARCH AND PUBLISHES THE MILKEN INSTITUTE REVIEW - A QUARTERLY MAGAZINE THAT PROVIDES A FORUM FOR ANALYSIS AND COMMENTARY ON U.S. AND GLOBAL ECONOMIC POLICY AND PRACTICE. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $72,315,405 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | Yes (1) | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | Yes (1) | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | Yes (1) | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 292 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 311 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | Yes (1) | ForeignFinancialAccountInd |
| Foreign Country | SN | ForeignCountryCd |
| Foreign Country | UK | ForeignCountryCd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 10 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | AR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | GA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | HI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KS | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | KY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NM | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ND | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OR | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | PA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | RI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | UT | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | VA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | DC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WI | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN HUNTER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3105704622 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1250 FOURTH ST 2ND FL | AddressLine1Txt |
| City | SANTA MONICA | CityNm |
| State Abbreviation | CA | StateAbbreviationCd |
| ZIP | 90401 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Key EmployeeKeyEmployeeInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| KERRY HEALEY | |||||||||
| PRESIDENT - MCAAD | 40.00 | 0.00 | Yes (X) | $826,347 | $0 | $14,612 | |||
| MICHAEL L KLOWDEN | |||||||||
| EXECUTIVE VICE CHAIRMAN | 40.00 | 5.60 | $796,662 | $0 | $47,567 | Yes (X) | Yes (X) | ||
| RICHARD DITIZIO | |||||||||
| CHIEF EXECUTIVE OFFICER & PRESIDENT | 40.00 | 0.00 | $769,249 | $0 | $47,583 | Yes (X) | |||
| MARTHA MAZZONE | |||||||||
| GENERAL COUNSEL | 40.00 | 0.00 | $462,598 | $0 | $26,212 | Yes (X) | |||
| ESTHER KROFAH | |||||||||
| EXECUTIVE VICE PRESIDENT | 40.00 | 0.00 | $418,503 | $0 | $28,309 | Yes (X) | |||
| JOHN HUNTER | |||||||||
| EXEC. VP & CFO | 40.00 | 6.00 | $403,677 | $0 | $61,137 | Yes (X) | |||
| MELISSA STEVENS | |||||||||
| EXECUTIVE VICE PRESIDENT | 40.00 | 0.00 | $402,193 | $0 | $23,089 | Yes (X) | |||
| SARAH SANDLER | |||||||||
| EXEC DIR-BUSINESS & PROG DEVELOPMENT | 40.00 | 0.00 | $393,947 | $0 | $18,188 | Yes (X) | |||
| MICHAEL PIWOWAR | |||||||||
| EXECUTIVE VICE PRESIDENT | 40.00 | 0.00 | $392,491 | $0 | $61,137 | Yes (X) | |||
| KATHRYN O'REILLY | |||||||||
| EXEC DIR-BUSINESS & PROG DEVELOPMENT | 40.00 | 0.00 | Yes (X) | $267,422 | $0 | $15,725 | |||
| MICHAEL MILKEN | |||||||||
| CHAIRMAN | 15.00 | 0.60 | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| RALPH FINERMAN | |||||||||
| TREASURER | 2.00 | 5.00 | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| RICHARD SANDLER | |||||||||
| SECRETARY | 2.00 | 5.00 | $0 | $0 | $0 | Yes (X) | Yes (X) | ||
| DR YVONNE CHAN | |||||||||
| DIRECTOR | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| MARIANO GUZMAN | |||||||||
| DIRECTOR | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| DR FREDA LEWIS-HALL | |||||||||
| DIRECTOR | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| GREGORY MILKEN | |||||||||
| DIRECTOR | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| LANCE MILKEN | |||||||||
| DIRECTOR | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| LORI MILKEN | |||||||||
| DIRECTOR | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| KNEELAND YOUNGBLOOD | |||||||||
| DIRECTOR | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $5,133,089 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $343,559 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 97 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| THE JOHN AKRIDGE COMPANY | |||||
| 601 13TH STREET NW SUITE 300N | WASHINGTON | DC | 20005 | CONSTRUCTION AND PROPERTY MANAGEMENT | $63,031,413 |
| JAMES G DAVIS CONSTRUCTION CORPORATION | |||||
| 12530 PARKLAWN DRIVE | ROCKVILLE | MD | 20852 | CONSTRUCTION | $25,401,953 |
| VISION MATRIX PRODUCTIONS INC | |||||
| 5627 KANAN ROAD SUITE 620 | AGOURA HILLS | CA | 91301 | EVENT PRODUCTION | $5,488,581 |
| 4WALL ENTERTAINMENT INC | |||||
| 3165 WEST SUNSET ROAD SUITE 100 | LAS VEGAS | NV | 89118 | ENTERTAINMENT & PRODUCTION | $4,827,474 |
| COURSERA INC | |||||
| 381 EAST EVELYN AVENUE | MOUNTAIN VIEW | CA | 94041 | EDUCATION | $3,550,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 106 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $2,894,600 | FundraisingAmt |
| All Other Contributions | $250,075,579 | AllOtherContributionsAmt |
| Noncash Contributions | $67,467,995 | NoncashContributionsAmt |
| Total Contributions | $252,970,179 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| CONFERENCES | 900099 | $1,064,090 | $1,064,090 |
| PUBLICATIONS | 513190 | $63 | $63 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $1,064,153 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $19,520,581 | TotalRevenueColumnAmt |
| Exclusion | $19,520,581 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $126,573 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $126,573 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $126,573 | TotalRevenueColumnAmt |
| Exclusion | $126,573 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $399,646 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $347,102 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $52,544 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $52,544 | TotalRevenueColumnAmt |
| Exclusion | $52,544 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $668,568 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $2,894,600 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $668,568 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $273,734,030 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,064,153 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $19,699,698 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $325,000 | TotalAmt |
| Program Services | $325,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $648,078 | TotalAmt |
| Program Services | $648,078 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $234,850 | TotalAmt |
| Program Services | $234,850 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,249,981 | TotalAmt |
| Program Services | $2,526,907 | ProgramServicesAmt |
| Management And General | $413,441 | ManagementAndGeneralAmt |
| Fundraising | $309,633 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,337,552 | TotalAmt |
| Program Services | $21,255,341 | ProgramServicesAmt |
| Management And General | $3,477,699 | ManagementAndGeneralAmt |
| Fundraising | $2,604,512 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,034,616 | TotalAmt |
| Program Services | $804,429 | ProgramServicesAmt |
| Management And General | $131,617 | ManagementAndGeneralAmt |
| Fundraising | $98,570 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,776,920 | TotalAmt |
| Program Services | $2,936,609 | ProgramServicesAmt |
| Management And General | $480,474 | ManagementAndGeneralAmt |
| Fundraising | $359,837 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,978,302 | TotalAmt |
| Program Services | $1,538,158 | ProgramServicesAmt |
| Management And General | $251,666 | ManagementAndGeneralAmt |
| Fundraising | $188,478 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $442,040 | TotalAmt |
| Management And General | $442,040 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $261,220 | TotalAmt |
| Management And General | $261,220 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $682,228 | TotalAmt |
| Fundraising | $682,228 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,638 | TotalAmt |
| Management And General | $67,638 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,653,165 | TotalAmt |
| Program Services | $11,923,489 | ProgramServicesAmt |
| Management And General | $1,950,865 | ManagementAndGeneralAmt |
| Fundraising | $778,811 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,806 | TotalAmt |
| Fundraising | $119,806 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,437,722 | TotalAmt |
| Program Services | $1,895,364 | ProgramServicesAmt |
| Management And General | $310,110 | ManagementAndGeneralAmt |
| Fundraising | $232,248 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,550,021 | TotalAmt |
| Program Services | $5,870,250 | ProgramServicesAmt |
| Management And General | $960,463 | ManagementAndGeneralAmt |
| Fundraising | $719,308 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,405,296 | TotalAmt |
| Program Services | $1,092,638 | ProgramServicesAmt |
| Management And General | $178,772 | ManagementAndGeneralAmt |
| Fundraising | $133,886 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,696,314 | TotalAmt |
| Program Services | $4,428,966 | ProgramServicesAmt |
| Management And General | $724,647 | ManagementAndGeneralAmt |
| Fundraising | $542,701 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,473,200 | TotalAmt |
| Program Services | $12,030,636 | ProgramServicesAmt |
| Management And General | $1,968,396 | ManagementAndGeneralAmt |
| Fundraising | $1,474,168 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,650,210 | TotalAmt |
| Program Services | $1,283,062 | ProgramServicesAmt |
| Management And General | $209,929 | ManagementAndGeneralAmt |
| Fundraising | $157,219 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $767,843 | TotalAmt |
| Program Services | $597,009 | ProgramServicesAmt |
| Management And General | $97,680 | ManagementAndGeneralAmt |
| Fundraising | $73,154 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| PRINTING & PUBLICATION | $1,586,661 | $1,586,661 | ||
| RESEARCH | $649,141 | $504,717 | $82,579 | $61,845 |
| PROPERTY TAX | $529,940 | $412,036 | $67,415 | $50,489 |
| FILING FEES | $75,289 | $58,538 | $9,578 | $7,173 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $466,443 | TotalAmt |
| Program Services | $362,667 | ProgramServicesAmt |
| Management And General | $59,336 | ManagementAndGeneralAmt |
| Fundraising | $44,440 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $93,099,476 | TotalAmt |
| Program Services | $72,315,405 | ProgramServicesAmt |
| Management And General | $12,145,565 | ManagementAndGeneralAmt |
| Fundraising | $8,638,506 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $127,861,400 | BOYAmt |
| EOY | $21,703,362 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $154,538,193 | BOYAmt |
| EOY | $276,023,737 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,476,222 | BOYAmt |
| EOY | $111,547,757 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,053 | BOYAmt |
| EOY | $270,499 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,302,962 | BOYAmt |
| EOY | $7,246,778 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $443,005,802 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $15,425,151 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $320,773,339 | BOYAmt |
| EOY | $427,580,651 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $167,191 | BOYAmt |
| EOY | $69,528,799 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $265,952,168 | BOYAmt |
| EOY | $165,620,238 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,817,504 | BOYAmt |
| EOY | $13,940,422 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $890,913,032 | BOYAmt |
| EOY | $1,093,462,243 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,938,569 | BOYAmt |
| EOY | $19,854,344 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,000,000 | BOYAmt |
| EOY | $0 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,888,892 | BOYAmt |
| EOY | $57,256,640 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,827,461 | BOYAmt |
| EOY | $77,110,984 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $851,085,571 | BOYAmt |
| EOY | $1,016,351,259 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $851,085,571 | BOYAmt |
| EOY | $1,016,351,259 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $890,913,032 | BOYAmt |
| EOY | $1,093,462,243 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $180,634,554 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$27,304,600 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $11,935,734 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $55,183,518 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $123,950,653 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $121,048,896 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $289,090,736 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $252,970,179 | CurrentTaxYearAmt |
| Total | $842,243,982 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $55,183,518 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $123,950,653 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $121,048,896 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $289,090,736 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $252,970,179 | CurrentTaxYearAmt |
| Total | $842,243,982 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $194,168,506 | SubstantialContributorsTotAmt |
| Public Support Total170 | $648,075,476 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,263,581 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,092,027 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,248,329 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $17,262,209 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $19,647,154 | CurrentTaxYearAmt |
| Total | $58,513,300 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $155,947 | CurrentTaxYearMinus3YearsAmt |
| Total | $155,947 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $900,913,229 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $3,253,196 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.71940 | PublicSupportCY170Pct |
| Public Support PY170 | 0.74150 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $11,000 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $11,000 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $84,460,970 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $84,471,970 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $1,000,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $1,000,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $1,000,000 | CurrentYearMinus1Amt |
| Current Year | $1,000,000 | CurrentYearAmt |
| Total | $4,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $6,000,000 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | $12,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $12,000 | CurrentYearMinus1Amt |
| Current Year | $11,000 | CurrentYearAmt |
| Total | $35,000 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $250,000 | CurrentYearMinus3Amt |
| Current Year Minus2 | $250,000 | CurrentYearMinus2Amt |
| Current Year Minus1 | $250,000 | CurrentYearMinus1Amt |
| Current Year | $250,000 | CurrentYearAmt |
| Total | $1,000,000 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $1,500,000 | GrassrootsCeilingAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $70,859,415 | OtherCostOrOtherBasisAmt |
| Book Value | $70,859,415 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $370,501,309 | OtherCostOrOtherBasisAmt |
| Depreciation | $14,440,418 | DepreciationAmt |
| Book Value | $356,060,891 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $41,260 | OtherCostOrOtherBasisAmt |
| Depreciation | $34,101 | DepreciationAmt |
| Book Value | $7,159 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,603,818 | OtherCostOrOtherBasisAmt |
| Depreciation | $950,632 | DepreciationAmt |
| Book Value | $653,186 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $427,580,651 | TotalBookValueLandBuildingsAmt |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $165,620,238 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $165,620,238 | TotalBookValueSecuritiesAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | IN ACCORDANCE WITH THE FINANCIAL ACCOUNTING STANDARDS BOARD'S (FASB'S) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC NO. 740, UNCERTAINTY IN INCOME TAXES, THE ASSOCIATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE CONSOLIDATED FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. DURING THE YEAR ENDED DECEMBER 31, 2022, THE ASSOCIATION PERFORMED AN EVALUATION OF UNCERTAIN TAX POSITIONS AND DID NOT NOTE ANY MATTERS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS OR WHICH MIGHT HAVE AN EFFECT ON ITS TAX-EXEMPT STATUS. | ExplanationTxt |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Account Activities Outside US AccountActivitiesOutsideUSGrp (7 entries)
| RegionRegionTxt | OfficesOfficesCnt | EmployeeEmployeeCnt | Type Of Activities ConductedTypeOfActivitiesConductedTxt | Specific Services ProvidedSpecificServicesProvidedTxt | Region Total ExpendituresRegionTotalExpendituresAmt |
|---|---|---|---|---|---|
| EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, | 1 | 16 | PROGRAM SERVICES | FUNDING SUPPORT FOR MILKEN INSTITUTE ASIA CENTER PROGRAMATIC ACTIVITIES AND ASIA | $8,112,651 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | 1 | 4 | PROGRAM SERVICES | FUNDING SUPPORT FOR MILKEN INSTITUTE EUROPE LIMITED PROGRAMATIC ACTIVITIES AND LONDON | $988,869 |
| MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, | 0 | 0 | PROGRAM SERVICES | FUNDING SUPPORT FOR MILKEN INSTITUTE PROGRAMS AND MENA SUMMIT | $2,229,626 |
| EAST ASIA AND THE PACIFIC | PROGRAM SERVICES | GRANTS TO RECIPIENTS | $10,000 | ||
| EUROPE (INCLUDING ICELAND & GREENLAND) | PROGRAM SERVICES | GRANTS TO RECIPIENTS | $48,300 | ||
| SOUTH ASIA | PROGRAM SERVICES | GRANTS TO RECIPIENTS | $10,000 | ||
| SUB-SAHARAN AFRICA | PROGRAM SERVICES | GRANTS TO RECIPIENTS | $156,550 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 2 | SubtotalOfficesCnt |
| Subtotal Employees | 20 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 2 | TotalOfficeCnt |
| Total Employee | 20 | TotalEmployeeCnt |
| Subtotal Spent | $11,555,996 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $11,555,996 | TotalSpentAmt |
Grants To Org Outside US GrantsToOrgOutsideUSGrp (19 entries)
| RegionRegionTxt | Purpose Of GrantPurposeOfGrantTxt | Cash GrantCashGrantAmt | Manner Of Cash DisbursementMannerOfCashDisbursementTxt | Non Cash AssistanceNonCashAssistanceAmt |
|---|---|---|---|---|
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | MILKEN MOTSEPE PRIZE AWARD | $20,000 | WIRE PAYMENT | $0 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | MILKEN MOTSEPE PRIZE AWARD | $18,300 | WIRE PAYMENT | $0 |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | MILKEN MOTSEPE PRIZE AWARD | $17,150 | WIRE PAYMENT | $0 |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | MILKEN MOTSEPE PRIZE AWARD | $15,000 | WIRE PAYMENT | $0 |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | MILKEN MOTSEPE PRIZE AWARD | $15,000 | WIRE PAYMENT | $0 |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | MILKEN MOTSEPE PRIZE AWARD | $15,000 | WIRE PAYMENT | $0 |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | MILKEN MOTSEPE PRIZE AWARD | $14,500 | WIRE PAYMENT | $0 |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | MILKEN MOTSEPE PRIZE AWARD | $14,200 | WIRE PAYMENT | $0 |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | MILKEN MOTSEPE PRIZE AWARD | $10,000 | WIRE PAYMENT | $0 |
| MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, | MILKEN MOTSEPE PRIZE AWARD | $10,000 | WIRE PAYMENT | $0 |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | MILKEN MOTSEPE PRIZE AWARD | $10,000 | WIRE PAYMENT | $0 |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | MILKEN MOTSEPE PRIZE AWARD | $10,000 | WIRE PAYMENT | $0 |
| SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, | MILKEN MOTSEPE PRIZE AWARD | $10,000 | WIRE PAYMENT | $0 |
| EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, | MILKEN MOTSEPE PRIZE AWARD | $10,000 | WIRE PAYMENT | $0 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | MILKEN MOTSEPE PRIZE AWARD | $10,000 | WIRE PAYMENT | $0 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | MILKEN MOTSEPE PRIZE AWARD | $10,000 | WIRE PAYMENT | $0 |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | MILKEN MOTSEPE PRIZE AWARD | $10,000 | WIRE PAYMENT | $0 |
| EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM | MILKEN MOTSEPE PRIZE AWARD | $10,000 | WIRE PAYMENT | $0 |
| SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, | MILKEN MOTSEPE PRIZE AWARD | $5,700 | WIRE PAYMENT | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 19 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | Yes (1) | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | Yes (1) | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | THE GRANTEES' ARE INDIVIDUALLY ASSESSED BY THE MILKEN INSTITUTE TEAM TO DETERMINE COMPLIANCE WITH TERMS AND CONDITIONS OF AWARDS. ALL AWARDS ARE THE RESULT OF THE MILKEN INSTITUTE MOTSEPE PRIZE FOR INNOVATION IN AFRICA. |
| PART III ACCOUNTING METHOD: |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | ActivityActivityTxt | Fundraiser Control Of FundsFundraiserControlOfFundsInd | Gross ReceiptsGrossReceiptsAmt | Retained By ContractorRetainedByContractorAmt | Net To OrganizationNetToOrganizationAmt |
|---|---|---|---|---|---|---|---|---|
| INTROSIGHT ADVISORS | ||||||||
| 136 10TH AVENUE 1 | NEW YORK | NY | 10011 | FUNDRAISING | 0 | $0 | $450,000 | $0 |
| THE AVALON CONSULTING GROUP INC | ||||||||
| 805 15 STREET NW SUITE 700 | WASHINGTON | DC | 20005 | FUNDRAISING | 0 | $0 | $232,228 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $682,228 | TotalRetainedByContractorsAmt |
| Licensed States | CA | LicensedStatesCd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GLOBAL GOURMET GAMES DINNER | Event1Nm |
| Gross Receipts Event1 | $3,563,168 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $2,894,600 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $668,568 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $374,669 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $267,881 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $18,275 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $7,743 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $3,563,168 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $2,894,600 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $668,568 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $374,669 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $267,881 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $18,275 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $7,743 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $668,568 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $0 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| PEF ISRAEL ENDOWMENT FUND INC | ||||||||
| 630 THIRD AVENUE RM 1500 | NEW YORK | NY | 10017 | 131659627 | 501(C)(3) | $300,000 | $0 | GENERAL OPERATING SUPPORT |
| UNIVERSITY OF CHICAGO | ||||||||
| 401 N MICHIGAN SUITE 900 | CHICAGO | IL | 60611 | 362177139 | PUBLIC UNIVERSITY | $25,000 | $0 | GENERAL OPERATING SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| TO SUPPORT HIGHER EDUCATION AND EXPENSES OF SELECTED DEVELOPING MARKET | 21 | $404,103 |
| TO SUPPORT HIGHER EDUCATION AND EXPENSES OF SELECTED MILKEN INSTITUTE SCHOLARS | 114 | $243,975 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | GRANTS ARE PROVIDED TO OTHER PUBLIC CHARITIES THAT THE MILKEN INSTITUTE HAS BUILT STRONG RELATIONSHIPS WITH THAT SUPPORT GROWTH AND INNOVATION. ALL ENTITIES PROVIDE A PROPOSAL TO THE MILKEN INSTITUTE THAT DEMONSTRATES HOW THE FUNDS WILL HELP IMPROVE SOCIAL AND ECONOMIC CONDITIONS OF PEOPLE WITHIN THE UNITED STATES AND AROUND THE WORLD. FUNDS PROVIDED ARE ONLY TO BE USED FOR THE PROPOSED PURPOSE, AND THE MILKEN INSTITUTE DOES FOLLOW UP WITH RECIPIENTS TO ENSURE PROPER USAGE OF THE FUNDS AND ASSESS IMPACT. THE MILKEN SCHOLARS PROGRAM VERIFIES THE FOLLOWING BEFORE EACH OF THE FOUR ANNUAL DISBURSEMENTS ($2,000.00): MAINTENANCE OF A YEARLY AND CUMULATIVE 3.0 GRADE POINT AVERAGE, CONTINUED FULL-TIME MATRICULATION AT FOUR-YEAR COLLEGE OR UNIVERSITY AND CONTINUED PARTICIPATION IN THE PROGRAM. FOLLOWING THE SPRING SEMESTER, WE REQUEST TRANSCRIPTS FROM EVERY RECIPIENT TO VERIFY THAT ACADEMIC REQUIREMENTS CONTINUE TO BE MET. IN OUR INITIAL AGREEMENT LETTER AND IN EVERY LETTER ACCOMPANYING SUBSEQUENT DISBURSEMENTS, RECIPIENTS ARE ADVISED THAT FUNDS MAY ONLY BE USED FOR QUALIFIED TUITION AND SCHOOL-RELATED EXPENSES PERTAINING TO THEIR COLLEGE OR UNIVERSITY EDUCATION. THE FINAL PORTION OF THE GRANT ($2,000.00) MAY BE REQUESTED BY THE RECIPIENT FOR UP TO TEN YEARS FOLLOWING GRADUATION AND USED TO FURTHER EDUCATIONAL OR CAREER ADVANCEMENT. FOR A REQUEST TO BE APPROVED, THE MILKEN SCHOLARS PROGRAM REQUIRES AN EXPLICIT DESCRIPTION OF THE INTENDED USE, THAT THIS INTENDED USE IS FOR SCHOOL-RELATED OR DIRECT PROFESSIONAL DEVELOPMENT EXPENSES, AND RECEIPTS ARE PROVIDED DOCUMENTING ALL EXPENSES. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| First Class Or Charter Travel | Yes (X) | FirstClassOrCharterTravelInd |
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KERRY HEALEY | ||||||||||||||
| PRESIDENT - MCAAD | $604,367 | $0 | $220,000 | $0 | $1,980 | $0 | $0 | $0 | $14,612 | $0 | $840,959 | $0 | $0 | $0 |
| MICHAEL L KLOWDEN | ||||||||||||||
| EXECUTIVE VICE CHAIRMAN | $565,482 | $0 | $225,000 | $0 | $6,180 | $0 | $11,600 | $0 | $35,967 | $0 | $844,229 | $0 | $0 | $0 |
| RICHARD DITIZIO | ||||||||||||||
| CHIEF EXECUTIVE OFFICER & PRESIDENT | $542,959 | $0 | $225,000 | $0 | $1,290 | $0 | $11,600 | $0 | $35,983 | $0 | $816,832 | $0 | $0 | $0 |
| MARTHA MAZZONE | ||||||||||||||
| GENERAL COUNSEL | $420,618 | $0 | $40,000 | $0 | $1,980 | $0 | $11,600 | $0 | $14,612 | $0 | $488,810 | $0 | $0 | $0 |
| ESTHER KROFAH | ||||||||||||||
| EXECUTIVE VICE PRESIDENT | $343,203 | $0 | $75,000 | $0 | $300 | $0 | $11,600 | $0 | $16,709 | $0 | $446,812 | $0 | $0 | $0 |
| JOHN HUNTER | ||||||||||||||
| EXEC. VP & CFO | $346,697 | $0 | $55,000 | $0 | $1,980 | $0 | $11,600 | $0 | $49,537 | $0 | $464,814 | $0 | $0 | $0 |
| MELISSA STEVENS | ||||||||||||||
| EXECUTIVE VICE PRESIDENT | $336,743 | $0 | $65,000 | $0 | $450 | $0 | $11,600 | $0 | $11,489 | $0 | $425,282 | $0 | $0 | $0 |
| SARAH SANDLER | ||||||||||||||
| EXEC DIR-BUSINESS & PROG DEVELOPMENT | $253,697 | $0 | $140,000 | $0 | $250 | $0 | $0 | $0 | $18,188 | $0 | $412,135 | $0 | $0 | $0 |
| MICHAEL PIWOWAR | ||||||||||||||
| EXECUTIVE VICE PRESIDENT | $336,801 | $0 | $55,000 | $0 | $690 | $0 | $11,600 | $0 | $49,537 | $0 | $453,628 | $0 | $0 | $0 |
| KATHRYN O'REILLY | ||||||||||||||
| EXEC DIR-BUSINESS & PROG DEVELOPMENT | $45,511 | $0 | $150,000 | $0 | $71,911 | $0 | $11,600 | $0 | $4,125 | $0 | $283,147 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | EMPLOYEES WERE ELIGIBLE TO RECEIVE PERFORMANCE-BASED BONUSES. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| KEVIN KLOWDEN | |||
| SON OF MICHAEL KLOWDEN, EXECUTIVE VICE CHAIRMAN | $444,524 | KEVIN IS THE CHIEF GLOBAL STRATEGIST, CENTER FOR REGIONAL ECONOMICS & CALIFORNIA CENTER FOR THE MILKEN INSTITUTE | 0 |
| KATIE O'REILLY | |||
| DAUGHTER IN LAW OF RICH DITIZIO, CEO & PRESIDENT | $283,147 | KATIE WAS A KEY EMPLOYEE & HEAD OF BUSINESS DEVELOPMENT. SHE LEFT THE INSTITUTE IN JANUARY 2022. | 0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 43 | ContributionCnt |
| Noncash Contributions Rpt F990 | $67,467,995 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FAIR MARKET VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | NONCASH DONATIONS ARE LISTED BY TOTAL NUMBER OF CONTRIBUTORS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 2 | YES, THE INSTITUTE ESTABLISHED BD2, LLC, A COMPANY CREATED EXCLUSIVELY FOR CHARITABLE, EDUCATIONL, SCIENTIFIC, AND LITERARY PURPOSES. THIS INCLUDES PROVIDING FUNDING TO SUPPORT ACADEMIC AND MEDICAL RESEARCHERS IN ADVANCING KNOWLEDGE RELTAED TO BIPOLAR DISORDER. |
| FORM 990, PART VI, SECTION A, LINE 2 | THE FOLLOWING BOARD MEMBERS HAVE FAMILY RELATIONSHIPS: MICHAEL MILKEN, LORI MILKEN, GREGORY MILKEN, AND LANCE MILKEN. KATIE O'REILLY, A KEY EMPLOYEE AND HEAD OF BUSINESS DEVELOPMENT, AND RICH DITIZIO, CEO & PRESIDENT, HAVE FAMILY A RELATIONSHIP. RICHARD SANDLER AND RALPH FINERMAN, BOTH DIRECTORS, HAVE BUSINESS RELATIONSHIPS WITH EACH OTHER, AND WITH MICHAEL, LORI, GREGORY AND LANCE MILKEN. |
| FORM 990, PART VI, SECTION A, LINE 8B | THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH THE AUTHORIZATION TO ACT ON BEHALF OF THE BOARD, THEREFORE THIS QUESTION IS NOT APPLICABLE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE CFO AND THE TREASURER REVIEW THE RETURN IN DETAIL AND HAVE THE ABILITY TO ASK THE PREPARERS ANY QUESTIONS OR MAKE ANY CHANGES DEEMED NECESSARY. AFTER AN ADDITIONAL REVIEW BY THE CEO, THE FINAL VERSION OF THE FORM 990 IS EMAILED TO ALL THE BOARD MEMBERS BEFORE IT IS ULTIMATELY SIGNED AND ELECTRONICALLY FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | AN ANNUAL DISCLOSURE QUESTIONNAIRE FOR IDENTIFYING CONFLICTS IS CIRCULATED TO ALL THE BOARD MEMBERS TO REVIEW, COMPLETE AND SIGN. IF A POTENTIAL CONFLICT OF INTEREST ARISES, ALL DETAILS REGARDING THE POTENTIAL CONFLICT ARE DISCLOSED TO THE BOARD. THE BOARD, EXCLUDING ANY INTERESTED PERSON, WILL REVIEW THE CONFLICT AND, IN CONJUNCTION WITH THE MANAGEMENT, MAKE A DECISION ON HOW BEST TO PROCEED BASED ON THE BEST INTEREST OF THE INSTITUTE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CEO ANNUALLY PROVIDES THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS A DETAILED REPORT OF ALL COMPENSATION ADJUSTMENTS, INCLUDING THE ADJUSTMENTS FOR THE INSTITUTE'S OFFICERS AND SENIOR EMPLOYEES. DURING THEIR REVIEW, THE MEMBERS OF THE COMMITTEE INQUIRE ABOUT THE BASIS FOR ALL COMPENSATION DETERMINATIONS, INCLUDING INDIVIDUAL AND ENTERPRISE PERFORMANCE AND AVAILABLE COMPARABILITY DATA FOR SIMILARLY SITUATED NONPROFIT INSTITUTIONS. THE COMPENSATION COMMITTEE, EXCLUDING THE CEO, DISCUSSES AND APPROVES ANY ADJUSTMENTS TO THE CEO'S COMPENSATION. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE ENTITY'S PLACE OF BUSINESS AND UPON REQUEST. |
| FORM 990, PART IX, LINE 11G | PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 11,923,489. MANAGEMENT AND GENERAL EXPENSES 1,950,865. FUNDRAISING EXPENSES 778,811. TOTAL EXPENSES 14,653,165. |
| FORM 990, PART XI, LINE 9: | BAD DEBT -5,090. GRANT ACCRUAL ADJUSTMENT 11,940,824. |
| FORM 990, PART XII, LINE 2C: | NO PROCESSES HAVE CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt |
|---|---|---|---|---|---|---|---|---|---|
| MILKEN CENTER FOR ADVANCING THE AMERICAN DREAM LLC | |||||||||
| 1250 FOURTH STREET 2ND FLOOR | SANTA MONICA | CA | 90401 | 475578327 | DC BUILDING AND MCAAD OPERATIONS | DC | $26,737,627 | $552,660,119 | THE MILKEN INSTITUTE |
| FOTP LLC | |||||||||
| 1250 FOURTH STREET 2ND FLOOR | SANTA MONICA | CA | 90401 | 465642128 | TO OWN 1503-1505 PENNSYLVANIA AVE NW | DC | $0 | $0 | THE MILKEN INSTITUTE |
| BD2 LLC | |||||||||
| 1250 FOURTH STREET 2ND FLOOR | SANTA MONICA | CA | 90401 | 352760427 | CHARITABLE SUPPORT FOR BIPOLAR DISORDER | DE | $120,471,289 | $117,121,282 | THE MILKEN INSTITUTE |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|---|
| FMF REALTY CORP | ||||||||||
| 1250 FOURTH STREET 2ND FLOOR | SANTA MONICA | CA | 90401 | 954377364 | PROPERTY TITLE HOLDING COMPANY | CA | 501(C)(25) | N/A | N/A | 0 |
| MELANOMA RESEARCH ALLIANCE FOUNDATION | ||||||||||
| 730 15TH ST NW 4TH FLOOR | WASHINGTON | DC | 20005 | 261636099 | SUPPORT FOR RESEARCH | DC | 501(C)(3) | 509(A)(3), TYPE 1 | N/A | 0 |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (2 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile Foreign CountryLegalDomicileForeignCountryCd | Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt | Entity TypeEntityTypeTxt | Share Of Total IncomeShareOfTotalIncomeAmt | Share Of EOY AssetsShareOfEOYAssetsAmt | OwnershipOwnershipPct | Controlled OrganizationControlledOrganizationInd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MILKEN INSTITUTE ASIA CENTER | |||||||||||
| 8 MARINA VIEW 15-05 ASIA SQUARE TO | SINGAPORE | SN | FUNDRAISING & PROGRAM ACTIVITIES | SN | THE MILKEN INSTITUTE | C | -$2,121,663 | $541,649 | 1.00000 | 0 | |
| MILKEN EUROPE LIMITED | |||||||||||
| 23 SAVILE ROW | LONDON | UK | FUNDRAISING & PROGRAM ACTIVITIES | UK | THE MILKEN INSTITUTE | C | -$280,489 | $152,922 | 1.00000 | 0 | W1S 2ET |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | Yes (1) | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (1) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
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