Overview
The Bari Milken Bernstein & Fred J Foundation is based in Santa Monica, California, and focuses on supporting arts and culture initiatives. With assets totaling approximately $13.7 million, the foundation reported expenses of $818,215 and revenue of $735,053. It funds projects in various cities across the United States, including Berkeley, Beverly Hills, Honolulu, and New York, among others. The foundation operates primarily in the states of California, Florida, Hawaii, Nevada, and New York. Key personnel include Michael Milken, who serves as President and Director, along with Lori Milken, Ralph Finerman, Bari Milken Bernstein, and Fred J Bernstein, all holding director positions. Notably, none of the directors receive compensation for their roles.
Focus Areas
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Financials
in 2024, compared to $13,743,400 in 2023
15 grants awarded in 2024
Of total expenses go to programs
Grants
| Purpose | Location | |||
|---|---|---|---|---|
| $339,000 | JEWISH COMMUNITY FOUNDATION | COMMUNITY CENTERS & PROGRAMS | 6505 WILSHIRE BLVD 1200 LOS ANGELES, CA US | 2023 |
| $325,000 | JEWISH COMMUNITY FOUNDATION | COMMUNITY CENTERS & PROGRAMS | 6505 WILSHIRE BLVD 1200 LOS ANGELES, CA US | 2024 |
| $310,000 | JEWISH COMMUNITY FOUNDATION | COMMUNITY CENTERS & PROGRAMS | 6505 WILSHIRE BLVD 1200 LOS ANGELES, CA US | 2022 |
| $182,000 | THE JEWISH FEDERATION OF GREATER LOS ANGELES | COMMUNITY CENTERS & PROGRAMS | 6505 WILSHIRE BLVD LOS ANGELES, CA US | 2024 |
| $90,000 | LOS ANGELES BALLET | CULTURAL, LIBRARIES & MUSEUMS | 11755 EXPOSITION BLVD LOS ANGELES, CA US | 2024 |
| $75,000 | BRENTWOOD SCHOOL | PRESCHOOL - 12TH GRADE PROGRAMS | 100 S BARRINGTON PL LOS ANGELES, CA US | 2023 |
| $75,000 | MILKEN INSTITUTE | HIGHER ED & RESEARCH INST. & PROGS | 1250 FOURTH ST SANTA MONICA, CA US | 2023 |
| $60,000 | LOS ANGELES BALLET | CULTURAL PROGRAMS | 11755 EXPOSITION BLVD LOS ANGELES, CA US | 2022 |
| $50,000 | MILKEN INSTITUTE | EDUCATIONAL PROGRAMS | 1250 FOURTH ST SANTA MONICA, CA US | 2022 |
| $50,000 | BRENTWOOD SCHOOL | EDUCATIONAL PROGRAMS | 100 S BARRINGTON PL LOS ANGELES, CA US | 2022 |
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People
Compensation data from most recent available 990 forms
| Title | |||
|---|---|---|---|
MM
MICHAEL MILKEN
| PRESIDENT AND DIRECTOR | $0 | 2022 |
LM
LORI MILKEN
| SECRETARY & VICE PRESIDENT & DIRECTOR | $0 | 2022 |
RF
RALPH FINERMAN
| TREASURER AND DIRECTOR | $0 | 2022 |
BMB
BARI MILKEN BERNSTEIN
| VICE PRESIDENT AND DIRECTOR | $0 | 2022 |
FJB
FRED J BERNSTEIN
| VICE PRESIDENT AND DIRECTOR | $0 | 2022 |
MM
MICHAEL MILKEN
| PRESIDENT AND DIRECTOR | $0 | 2023 |
LM
LORI MILKEN
| SECRETARY & VICE PRESIDENT & DIRECTOR | $0 | 2023 |
RF
RALPH FINERMAN
| TREASURER AND DIRECTOR | $0 | 2023 |
BMB
BARI MILKEN BERNSTEIN
| VICE PRESIDENT AND DIRECTOR | $0 | 2023 |
FJB
FRED J BERNSTEIN
| VICE PRESIDENT AND DIRECTOR | $0 | 2023 |
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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer
View on ProPublica Nonprofit ExplorerLast updated on August 25, 2025