Milken Family Foundation Explained
| Type: | Private foundation |
| Purpose: | education and medical research |
| Headquarters: | Santa Monica, California |
| Leader Title: | Chairman & Co-Founder |
| Leader Name: | Lowell Milken |
| Leader Title2: | Co-Founder |
| Leader Name2: | Michael Milken |
| Milken Family Foundation |
| Size: | 250px |
| Region Served: | Global |
| Revenue: | $27,852,920[1] |
| Revenue Year: | 2014 |
| Expenses: | $16,684,835 |
| Expenses Year: | 2014 |
| Website: | www.mff.org |
The Milken Family Foundation is a private foundation established by Lowell Milken and Michael Milken in 1982. Lowell Milken serves as chairman and co-founder of the foundation.
Goals
The foundation is focused primarily on supporting education and medical research.
Among the foundation's initiatives are:
- The Milken Educator Awards, a teacher recognition program awarding $25,000 to individual educators for teaching excellence;
- TAP: The System for Teacher and Student Advancement, a comprehensive school reform incorporating career advancement, collaborative professional development, teacher accountability and performance-based compensation. T The Center for American Progress released "Aligned by Design," a report by education researcher Craig Jerald that elaborated on this concept to specifically show how TAP's elements work together.[2] South Carolina TAP was featured in TIME Magazine's February 2008 cover story.[3] In 2006, BusinessWeek ranked TAP on its Top 10 List of Best Practices.[4] The system was profiled in Education Week.[5]
- Milken Archive of Jewish Music, a cultural and historic project dedicated to preserving the sacred and secular music inspired by 350 years of Jewish life in America;
- The Lowell Milken Center, an institution dedicated to the development of educational projects that feature unsung heroes as role models to 'repair the world.' Howard Cohen, Chancellor of Purdue University/Calumet, said about the LM Center: "History is not history until it is written or told. This is what you are doing so well with your unsung hero projects."
- Milken-University of Pennsylvania Graduate School of Education Education Business Plan Competition - Education entrepreneurs from early-stage start-ups compete in the competition, which features seven prizes totaling $145,000 in funding. In addition to the prizes, all Competition finalists are invited to participate in the Education Design Studio Fund (EDSF), a fund initiative created in collaboration with Penn GSE.
See also
Notes and References
- Web site: Milken Family Foundation . 11 October 2016 . Foundation Center . 21 December 2017 .
- http://www.americanprogress.org/issues/2009/07/pdf/teacher_alignment.pdf "Aligned by Design,"
- Wallis. Claudia. How to Make Great Teachers. Time. https://web.archive.org/web/20080225101505/http://www.time.com/time/magazine/article/0,9171,1713473,00.html. dead. February 25, 2008. February 13, 2008. February 15, 2013.
- Web site: Bloomberg. https://web.archive.org/web/20060619105255/http://www.businessweek.com/magazine/content/06_26/b3990014.htm. dead. June 19, 2006. Bloomberg.com. 6 July 2015.
- https://web.archive.org/web/20110726020757/http://www.tapsystem.org/pubs/edweek_tap_040109.pdf TAP: More Than Performance Pay
