2023-11-15T17:56:46-06:00 2022-12-31 453269313 GREEN HASSON & JANKS LLP 700 SOUTH FLOWER STREET SUITE 3300 LOS ANGELES CA 90017 990 2022-01-01 954240775 THE MILKEN INSTITUTE MILK 3105704600 1250 FOURTH STREET 2ND FLOOR SANTA MONICA CA 90401 RICHARD DITIZIO CEO 3105704600 2023-11-15 1 RICHARD DITIZIO 999009999 0 LIZBETH G NEVAREZ P01399868 3108731600 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z RICHARD DITIZIO 1250 FOURTH STREET 2ND FLOOR SANTA MONICA CA 90401 274749700 0 X WWW.MILKENINSTITUTE.ORG X 1989 CA TO ADVANCE SOLUTIONS THAT WIDEN ACCESS TO CAPITAL, CREATE JOBS AND IMPROVE HEALTH. 11 10 311 10 0 58431 289090736 252970179 225674 1064153 27366583 19573125 687749 126573 317370742 273734030 1280611 1207928 0 0 31028599 37377371 230028 682228 8638506 32042939 53831949 64582177 93099476 252788565 180634554 890913032 1093462243 39827461 77110984 851085571 1016351259 X 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. 1 0 31138100 1207928 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. 29122785 1064153 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. 12054520 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. 72315405 1 1 0 1 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 1 1 0 1 1 0 0 1 1 1 0 0 0 0 0 0 1 0 1 0 0 0 1 1 0 0 0 1 292 0 1 311 1 1 1 1 SN UK 0 0 0 1 1 0 0 0 0 0 0 X 11 10 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT FL GA HI IL KS KY MA MD ME MI MN NH NJ NM NY NC ND OH OK OR PA RI SC TN UT VA WA DC WV WI X JOHN HUNTER 3105704622 1250 FOURTH ST 2ND FL SANTA MONICA CA 90401 KERRY HEALEY PRESIDENT - MCAAD 40.00 0.00 X 826347 0 14612 MICHAEL L KLOWDEN EXECUTIVE VICE CHAIRMAN 40.00 5.60 X X 796662 0 47567 RICHARD DITIZIO CHIEF EXECUTIVE OFFICER & PRESIDENT 40.00 0.00 X 769249 0 47583 MARTHA MAZZONE GENERAL COUNSEL 40.00 0.00 X 462598 0 26212 ESTHER KROFAH EXECUTIVE VICE PRESIDENT 40.00 0.00 X 418503 0 28309 JOHN HUNTER EXEC. VP & CFO 40.00 6.00 X 403677 0 61137 MELISSA STEVENS EXECUTIVE VICE PRESIDENT 40.00 0.00 X 402193 0 23089 SARAH SANDLER EXEC DIR-BUSINESS & PROG DEVELOPMENT 40.00 0.00 X 393947 0 18188 MICHAEL PIWOWAR EXECUTIVE VICE PRESIDENT 40.00 0.00 X 392491 0 61137 KATHRYN O'REILLY EXEC DIR-BUSINESS & PROG DEVELOPMENT 40.00 0.00 X 267422 0 15725 MICHAEL MILKEN CHAIRMAN 15.00 0.60 X X 0 0 0 RALPH FINERMAN TREASURER 2.00 5.00 X X 0 0 0 RICHARD SANDLER SECRETARY 2.00 5.00 X X 0 0 0 DR YVONNE CHAN DIRECTOR 0.30 0.00 X 0 0 0 MARIANO GUZMAN DIRECTOR 0.30 0.00 X 0 0 0 DR FREDA LEWIS-HALL DIRECTOR 0.30 0.00 X 0 0 0 GREGORY MILKEN DIRECTOR 0.30 0.00 X 0 0 0 LANCE MILKEN DIRECTOR 0.30 0.00 X 0 0 0 LORI MILKEN DIRECTOR 0.30 0.00 X 0 0 0 KNEELAND YOUNGBLOOD DIRECTOR 0.30 0.00 X 0 0 0 5133089 0 343559 97 0 1 0 THE JOHN AKRIDGE COMPANY 601 13TH STREET NW SUITE 300N WASHINGTON DC 20005 CONSTRUCTION AND PROPERTY MANAGEMENT 63031413 JAMES G DAVIS CONSTRUCTION CORPORATION 12530 PARKLAWN DRIVE ROCKVILLE MD 20852 CONSTRUCTION 25401953 VISION MATRIX PRODUCTIONS INC 5627 KANAN ROAD SUITE 620 AGOURA HILLS CA 91301 EVENT PRODUCTION 5488581 4WALL ENTERTAINMENT INC 3165 WEST SUNSET ROAD SUITE 100 LAS VEGAS NV 89118 ENTERTAINMENT & PRODUCTION 4827474 COURSERA INC 381 EAST EVELYN AVENUE MOUNTAIN VIEW CA 94041 EDUCATION 3550000 106 2894600 250075579 67467995 252970179 CONFERENCES 900099 1064090 1064090 PUBLICATIONS 513190 63 63 1064153 19520581 19520581 126573 0 126573 126573 126573 399646 347102 52544 52544 52544 668568 2894600 668568 0 273734030 1064153 0 19699698 X 325000 325000 648078 648078 234850 234850 3249981 2526907 413441 309633 27337552 21255341 3477699 2604512 1034616 804429 131617 98570 3776920 2936609 480474 359837 1978302 1538158 251666 188478 442040 442040 261220 261220 682228 682228 67638 67638 14653165 11923489 1950865 778811 119806 119806 2437722 1895364 310110 232248 7550021 5870250 960463 719308 1405296 1092638 178772 133886 5696314 4428966 724647 542701 15473200 12030636 1968396 1474168 1650210 1283062 209929 157219 767843 597009 97680 73154 PRINTING & PUBLICATION 1586661 1586661 RESEARCH 649141 504717 82579 61845 PROPERTY TAX 529940 412036 67415 50489 FILING FEES 75289 58538 9578 7173 466443 362667 59336 44440 93099476 72315405 12145565 8638506 127861400 21703362 154538193 276023737 2476222 111547757 24053 270499 2302962 7246778 443005802 15425151 320773339 427580651 167191 69528799 265952168 165620238 16817504 13940422 890913032 1093462243 6938569 19854344 12000000 0 20888892 57256640 39827461 77110984 X 851085571 1016351259 851085571 1016351259 890913032 1093462243 X 180634554 -27304600 11935734 X X 0 1 X 1 0 X 55183518 123950653 121048896 289090736 252970179 842243982 55183518 123950653 121048896 289090736 252970179 842243982 194168506 648075476 7263581 6092027 8248329 17262209 19647154 58513300 155947 155947 900913229 3253196 0.71940 0.74150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 11000 11000 84460970 84471970 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 12000 12000 11000 35000 250000 250000 250000 250000 1000000 1500000 70859415 70859415 370501309 14440418 356060891 41260 34101 7159 1603818 950632 653186 427580651 165620238 C 165620238 X PART X, LINE 2: 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. 1 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, 1 16 PROGRAM SERVICES FUNDING SUPPORT FOR MILKEN INSTITUTE ASIA CENTER PROGRAMATIC ACTIVITIES AND ASIA 8112651 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 1 4 PROGRAM SERVICES FUNDING SUPPORT FOR MILKEN INSTITUTE EUROPE LIMITED PROGRAMATIC ACTIVITIES AND LONDON 988869 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES FUNDING SUPPORT FOR MILKEN INSTITUTE PROGRAMS AND MENA SUMMIT 2229626 EAST ASIA AND THE PACIFIC PROGRAM SERVICES GRANTS TO RECIPIENTS 10000 EUROPE (INCLUDING ICELAND & GREENLAND) PROGRAM SERVICES GRANTS TO RECIPIENTS 48300 SOUTH ASIA PROGRAM SERVICES GRANTS TO RECIPIENTS 10000 SUB-SAHARAN AFRICA PROGRAM SERVICES GRANTS TO RECIPIENTS 156550 2 20 0 0 2 20 11555996 0 11555996 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, MILKEN MOTSEPE PRIZE AWARD 20000 WIRE PAYMENT 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM MILKEN MOTSEPE PRIZE AWARD 18300 WIRE PAYMENT 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, MILKEN MOTSEPE PRIZE AWARD 17150 WIRE PAYMENT 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, MILKEN MOTSEPE PRIZE AWARD 15000 WIRE PAYMENT 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, MILKEN MOTSEPE PRIZE AWARD 15000 WIRE PAYMENT 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, MILKEN MOTSEPE PRIZE AWARD 15000 WIRE PAYMENT 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, MILKEN MOTSEPE PRIZE AWARD 14500 WIRE PAYMENT 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, MILKEN MOTSEPE PRIZE AWARD 14200 WIRE PAYMENT 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, MILKEN MOTSEPE PRIZE AWARD 10000 WIRE PAYMENT 0 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, MILKEN MOTSEPE PRIZE AWARD 10000 WIRE PAYMENT 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, MILKEN MOTSEPE PRIZE AWARD 10000 WIRE PAYMENT 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, MILKEN MOTSEPE PRIZE AWARD 10000 WIRE PAYMENT 0 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, MILKEN MOTSEPE PRIZE AWARD 10000 WIRE PAYMENT 0 EAST ASIA AND THE PACIFIC - AUSTRALIA, BRUNEI, BURMA, CAMBODIA, MILKEN MOTSEPE PRIZE AWARD 10000 WIRE PAYMENT 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM MILKEN MOTSEPE PRIZE AWARD 10000 WIRE PAYMENT 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM MILKEN MOTSEPE PRIZE AWARD 10000 WIRE PAYMENT 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, MILKEN MOTSEPE PRIZE AWARD 10000 WIRE PAYMENT 0 EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM MILKEN MOTSEPE PRIZE AWARD 10000 WIRE PAYMENT 0 SUB-SAHARAN AFRICA - ANGOLA, BENIN, BOTSWANA, BURKINA FASO, MILKEN MOTSEPE PRIZE AWARD 5700 WIRE PAYMENT 0 19 0 0 0 1 0 1 0 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: X X X X 1 INTROSIGHT ADVISORS 136 10TH AVENUE 1 NEW YORK NY 10011 FUNDRAISING 0 0 450000 0 THE AVALON CONSULTING GROUP INC 805 15 STREET NW SUITE 700 WASHINGTON DC 20005 FUNDRAISING 0 0 232228 0 682228 CA GLOBAL GOURMET GAMES DINNER 3563168 2894600 668568 374669 267881 18275 7743 3563168 2894600 668568 374669 267881 18275 7743 668568 0 1 PEF ISRAEL ENDOWMENT FUND INC 630 THIRD AVENUE RM 1500 NEW YORK NY 10017 131659627 501(C)(3) 300000 0 GENERAL OPERATING SUPPORT UNIVERSITY OF CHICAGO 401 N MICHIGAN SUITE 900 CHICAGO IL 60611 362177139 PUBLIC UNIVERSITY 25000 0 GENERAL OPERATING SUPPORT 2 0 TO SUPPORT HIGHER EDUCATION AND EXPENSES OF SELECTED DEVELOPING MARKET 21 404103 TO SUPPORT HIGHER EDUCATION AND EXPENSES OF SELECTED MILKEN INSTITUTE SCHOLARS 114 243975 PART I, LINE 2: 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. X X 1 1 X X X 0 0 0 0 0 0 0 1 0 KERRY HEALEY PRESIDENT - MCAAD 604367 0 220000 0 1980 0 0 0 14612 0 840959 0 0 0 MICHAEL L KLOWDEN EXECUTIVE VICE CHAIRMAN 565482 0 225000 0 6180 0 11600 0 35967 0 844229 0 0 0 RICHARD DITIZIO CHIEF EXECUTIVE OFFICER & PRESIDENT 542959 0 225000 0 1290 0 11600 0 35983 0 816832 0 0 0 MARTHA MAZZONE GENERAL COUNSEL 420618 0 40000 0 1980 0 11600 0 14612 0 488810 0 0 0 ESTHER KROFAH EXECUTIVE VICE PRESIDENT 343203 0 75000 0 300 0 11600 0 16709 0 446812 0 0 0 JOHN HUNTER EXEC. VP & CFO 346697 0 55000 0 1980 0 11600 0 49537 0 464814 0 0 0 MELISSA STEVENS EXECUTIVE VICE PRESIDENT 336743 0 65000 0 450 0 11600 0 11489 0 425282 0 0 0 SARAH SANDLER EXEC DIR-BUSINESS & PROG DEVELOPMENT 253697 0 140000 0 250 0 0 0 18188 0 412135 0 0 0 MICHAEL PIWOWAR EXECUTIVE VICE PRESIDENT 336801 0 55000 0 690 0 11600 0 49537 0 453628 0 0 0 KATHRYN O'REILLY EXEC DIR-BUSINESS & PROG DEVELOPMENT 45511 0 150000 0 71911 0 11600 0 4125 0 283147 0 0 0 PART I, LINE 7 EMPLOYEES WERE ELIGIBLE TO RECEIVE PERFORMANCE-BASED BONUSES. KEVIN KLOWDEN SON OF MICHAEL KLOWDEN, EXECUTIVE VICE CHAIRMAN 444524 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 283147 KATIE WAS A KEY EMPLOYEE & HEAD OF BUSINESS DEVELOPMENT. SHE LEFT THE INSTITUTE IN JANUARY 2022. 0 X 43 67467995 FAIR MARKET VALUE 0 1 0 PART I, COLUMN (B): NONCASH DONATIONS ARE LISTED BY TOTAL NUMBER OF CONTRIBUTORS. 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. MILKEN CENTER FOR ADVANCING THE AMERICAN DREAM LLC 1250 FOURTH STREET 2ND FLOOR SANTA MONICA CA 90401 475578327 DC BUILDING AND MCAAD OPERATIONS DC 26737627 552660119 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 120471289 117121282 THE MILKEN INSTITUTE 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 MILKEN INSTITUTE ASIA CENTER 8 MARINA VIEW 15-05 ASIA SQUARE TO SINGAPORE SN FUNDRAISING & PROGRAM ACTIVITIES SN THE MILKEN INSTITUTE C -2121663 541649 1.00000 0 MILKEN EUROPE LIMITED 23 SAVILE ROW LONDON UK W1S 2ET FUNDRAISING & PROGRAM ACTIVITIES UK THE MILKEN INSTITUTE C -280489 152922 1.00000 0 1 1 0 1 0 0 0 0 0 1 0 1 1 1 1 1 1 0 0