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The Milken Institute

To advance solutions that widen access to capital, create jobs and improve health.

Santa Monica, CA EIN 954240775 · IRS Sign up to see website
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79
Integrity Assessment
Strong transparency
79/100 · methodology

About The Milken Institute

Milken Institute: Catalyzing Solutions. Building Meaningful Lives.

Founded
Headquarters
Santa Monica, CA
Foundation type
Publicly-supported charity (509(a)(2))
IRS subsection
501(c)(c3)
Ruling date
Size
very-large

Verified certifications

Confirmed against the issuing authority - not self-reported.

IRS Tax-Deductible since 1991

Mission

To advance solutions that widen access to capital, create jobs and improve health.

Focus areas & reach

· What they work on and where
Community Development

How it stacks up against peers

· vs. 8 similar community development in United States
Program spending This charity: 0%
Peer average: 85%
CEO comp as % of revenue This charity: 0.36%
Peer average: 0.48%
Integrity Assessment This charity: 79
Peer average: 90

Red flags

· All clear
IRS revocation history
Open investigations
Governance scandals
Related-party deals
Excessive exec comp

Where every $1 goes

Program expenses$0.00 ($129.6 million)

Common questions

· Auto-generated from filings + methodology

The Milken Institute is a registered community development nonprofit based in Santa Monica, CA, United States. It is registered with the Internal Revenue Service (IRS). It was founded in 1989 and has been operating for 37 years. Its EIN is 954240775. It has a GiveRadar Integrity Assessment of 79/100 (Strong transparency), indicating well-documented governance, financials, and contact details. This is below the average of 90/100 for community development charities in United States. The organization reports $265M in annual revenue. 85 officers and directors are publicly disclosed. No red flags have been detected.

The Milken Institute has a GiveRadar Integrity Assessment of 79/100. This score combines five components: Registration (20 pts), Financial Transparency (30 pts), Governance (20 pts), Contact Availability (10 pts), and Data Recency (20 pts), with negative adjustments for any red flags. A score of 79 ('Strong transparency') reflects well-documented governance, recent financials, named leadership, and working contact details. For comparison, the average integrity assessment for community development charities in United States is 90/100.

The Milken Institute is located in Santa Monica, CA, United States. The organization was established in 1989 and has been active for 37 years.

Based on official tax filings, The Milken Institute has $265M in annual revenue. It allocates 0% of expenses to programs and services. This is below the average of 85% for community development charities in United States. Its revenue is significantly above the peer average of $3M. Create a free GiveRadar account to view the complete financial breakdown with year-over-year trends.

The Milken Institute is classified as a Community Development organization, registered in United States. It operates as a Publicly-supported charity (509(a)(2)). By size, it is categorized as a very-large organization. It has $265M in annual revenue. The organization has 85 disclosed officers and directors.

No red flags have been detected for The Milken Institute. GiveRadar automatically screens charities for concerning patterns including high executive compensation, low program spending, and missing financial filings. Based on available official data, no issues have been identified.

The Milken Institute has a GiveRadar Integrity Assessment of 79/100 (Strong transparency) and no red flags have been detected, which suggests it is a well-documented organization. It is regulated by the IRS. 0% of expenses go to programs. The peer average is 85%. You can donate directly through their official donation page linked on their GiveRadar profile. GiveRadar provides data for research purposes and does not endorse any organization. Always do your own due diligence.

Milken Institute: Catalyzing Solutions. Building Meaningful Lives. The Milken Institute is classified as a community development organization registered in United States. The organization was founded in 1989.

Among community development charities registered in United States: The Milken Institute's GiveRadar Integrity Assessment of 79/100 is below the peer average of 90/100. It allocates 0% of expenses to programs, below the peer average of 85%. Its annual revenue of $265M is well above the peer average of $3M.

Yes, donations to The Milken Institute are generally tax-deductible in the United States. Its EIN is 954240775, which you can use for tax filing purposes. Donors can typically deduct contributions on their federal income tax return if they itemize deductions. Consult a tax professional for guidance specific to your situation.

Verified against 4 official sources, last refreshed .

Annual revenue
$100M-$1B
0% to programs
Source: IRS 990 (FY2024) why this matters
Unlock exact figures

Filing history

5 years on file from IRS 990 (FY2024): revenue, expenses, program spending, assets, and liabilities by fiscal year.

Years on record: FY2024, FY2023, FY2022, FY2021, FY2020.
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Taxes

Tax-deductibility for donors

Donations may be tax-deductible for residents of United States under local rules. Confirm with the charity directly.

Always confirm tax treatment with the charity directly or your tax advisor before donating.

Leadership

RI
Richard Ditizio
CEO

Officers & trustees (25)

Source: Public filings

DR
Dr F•••• L•••••••••
Director
DR
Dr Y••••• C•••
Director
DR
Dr Y••••• C•••
Director
ES
Esther K•••••
EXECUTIVE VICE PRESIDENT
GR
Gregory M•••••
Director
JO
John H•••••
COO & CFO
KA
Kathryn O•••••••
EXEC DIR-BUSINESS & PROG DEVELOPMENT
KE
Kerry H•••••
PRESIDENT - MCAAD
KE
Kevin K••••••
EXEC DIR-CTR FOR REGIONAL ECONOMICS
KN
Kneeland Y•••••••••
Director
LA
Lance M•••••
Director
LO
Lori M•••••
Director
MA
Mariano G•••••
Director
MA
Martha M••••••
GENERAL COUNSEL
ME
Melissa S••••••
EXECUTIVE VICE PRESIDENT
MI
Michael K••••••
Chief Executive Officer
MI
Michael L K••••••
EXECUTIVE VICE CHAIRMAN
MI
Michael M•••••
CHAIRMAN
MI
Michael P••••••
EXECUTIVE VICE PRESIDENT
PA
Paul I•••••
CHAIRMAN-CTR FOR THE FUTURE OF AGING
RA
Rachel G••••••
EXEC DIRECTOR - MCAAD
RA
Ralph F•••••••
TREASURER
RI
Richard D••••••
CHIEF EXECUTIVE OFFICER & PRESIDENT
RI
Richard S••••••
SECRETARY
SA
Sarah S••••••
EXEC DIR-BUSINESS & PROG DEVELOPMENT
Full names, contact details & compensation

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Latest news

From global news sources

No recent news coverage found

News coverage will appear here when articles mention this organization.

Activity timeline

Filings and press mentions, merged

Form filed
$389.0M revenue
FY2024
IRS_990
Form filed
$264.7M revenue
FY2023
IRS_990
Form filed
$273.7M revenue
FY2022
IRS_990
Form filed
$317.4M revenue
FY2021
IRS_990
Form filed
$137.9M revenue
FY2020
IRS_990

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Peer charities

Other community development in United States, by integrity assessment

Charity Score Revenue Program %
The Milken Institute This page 79 $264.7 million 0%
Alaska Community Development Corp 93 $4.1 million 100%
Community Synergy Inc 90 $258,006 93%
Aspen Sister Cities Program Inc 90 $199,220 89%
Sj5k Foundation 90 $119,706 100%
American Production & Inventory Control Society Northern New … 90 $128,932 68%
El Cajon Rotary Foundation 90 $48,108 82%
Alianza Agricola Inc 90 $230,961 66%
West Bloomington Revitalization Project Corporation 90 $385,893 79%

Sources and verification

Refreshed

Registration and legal identity
Internal Revenue Service (IRS) - Tax Exempt Organization Search
Financial filings
IRS Form 990 filings - Fiscal year 2024 most recent on file.
Officers and trustees
Internal Revenue Service (IRS) - Tax Exempt Organization Search - 85 disclosed in the public registry.
Supplementary verification
Charity Navigator

Data freshness

Last updated
May 27, 2026
Profile completeness
90%

What we don't know

Honest gaps - our score reflects transparency, not impact

Programs & projects
No named programs listed by the charity
Operating reach
Countries where programs run not specified

Methodology

GiveRadar combines public registry filings, ProPublica Nonprofit Explorer, Charity Navigator, GuideStar, and news archives into a single 0-100 integrity assessment. We don't take a cut of any donation, ever.

Read full methodology

Quick facts about The Milken Institute

What is The Milken Institute?
The Milken Institute is a community development publicly-supported charity (509(a)(2)) based in Santa Monica, United States. Milken Institute: Catalyzing Solutions. Building Meaningful Lives.
When was The Milken Institute founded?
The Milken Institute was founded in 1989.
Who leads The Milken Institute?
Richard Ditizio serves as CEO.
Where is The Milken Institute located?
Headquartered in Santa Monica, United States.
What is The Milken Institute's annual budget?
Annual revenue for fiscal year 2024 is approximately $100M-$1B. 0% of expenses go to program services.
Is The Milken Institute trustworthy?
The Milken Institute has a GiveRadar Integrity Assessment of 79 out of 100 (Strong transparency). The score reflects public-data transparency: registration, financial disclosure, governance, contact details, and how recently data was refreshed. It does not measure program impact.
What is The Milken Institute's registration number?
IRS EIN: 954240775.
What is The Milken Institute's website?
http://www.milkeninstitute.org