Michelson Medical Research Foundation Inc

Organization Overview

Michelson Medical Research Foundation Inc is located in Los Angeles, CA. The organization was established in 1996. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michelson Medical Research Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2020, Michelson Medical Research Foundation Inc generated $21.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $12.0m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Michelson Medical Research Foundation Inc has awarded 18 individual grants totaling $35,919,475. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Charles Schwab & Co Inc
$71,049
Holthouse Carlin & Van Trigt Llp
$56,443
American Association For The Advancement
$207,549
Gibson Dunn & Crutcher Llp
$67,411
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $19,715,054
Interest on Savings $66
Dividends & Interest $2,366,118
Net Rental Income$0
Net Gain on Sale of Assets -$723,188
Capital Gain Net Income $7,276,272
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $21,358,050

Grants Awarded

Over the last fiscal year, Michelson Medical Research Foundation Inc has awarded $11,293,449 in support to 8 organizations.

Grant RecipientAmount

THE MICHELSON FOUND ANIMALS FOUNDATION INC

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: BENEFIT OF ANIMALS THROUGH MULTIPLE ANIMAL WELFARE PROGRAMS, INCLUDING THE MICHELSON PRIZE AND GRANTS IN REPRODUCTIVE BIOLOGY, THE MICROCHIPPING PROGRAM, THE ADOPTION PROGRAM, THE START-UP ACCELERATOR PROGRAM, THE SPAY/NEUTER PROGRAM AND OTHERS TOWARD THE MICHELSON FOUND ANIMALS FOUNDATION, INC.'S PURPOSE OF REDUCING EUTHANASIA RATES IN LOS ANGELES AREA ANIMAL SHELTERS.

$9,000,000

THE MICHELSON 20MM FOUNDATION INC

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: CARRY FORTH MULTIPLE EDUCATIONAL PROGRAMS, INCLUDING EDUCATIONAL AND SUCCESS PROGRAMS, FUTURE OF WORK AND WORKFORCE DEVELOPMENT PROGRAMS, SMART JUSTICE PROGRAMS, PROGRAMS TO INCREASE EDUCATIONAL AWARENESS ON TOPICS RELATED TO INTELLECTUAL PROPERTY, AND PROGRAMS INTENDED TO SUPPORT PRIVATE-SECTOR SOLUTIONS TO ISSUE WITHIN THE EDUCATION SECTOR.

$1,850,000

THE MIRMAN SCHOOL FOR GIFTED CHILDREN

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: CULTIVATE THE BOUNDLESS POTENTIAL OF HIGHLY GIFTED CHILDREN, NURTURE THEIR PASSIONS AND TALENTS, AND DEVELOP A DIVERSE COMMUNITY OF CREATIVE AND CONSTRUCTIVE LIFELONG LEARNERS.

$250,000

THE MILKEN INSTITUTE

Org PageRecipient Profile

Santa Monica, CA

PURPOSE: TO ADVANCE SOLUTIONS THAT WIDEN ACCESS TO CAPITAL, CREATE JOBS AND IMPROVE HEALTH.

$75,000

HUMAN VACCINES PROJECT INC

Org PageRecipient Profile

New York, NY

PURPOSE: TO ACCELERATE VACCINE AND IMMUNOTHERAPY DEVELOPMENT FOR INFECTIOUS AND NON-COMMUNICABLE DISEASES.

$65,949

New York, NY

PURPOSE: VISIONARY AWARD PROJECT

$25,000
View Grant Profile

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