The Lowell Milken Family Foundation
Private foundation Santa Monica, CA lowellmilken.org Still adding venture funds
The Lowell Milken Family Foundation reports 4 venture funds, $5M in all.
Holdings are from its Form 990-PF return for the year ending October 31, 2024, compared with the one for October 31, 2023. That is more than a year ago: it may have added or sold funds since. Foundations file up to ten and a half months after their year ends, and the IRS publishes returns months after that. “Still adding venture funds”: its newest venture fund is a 2021 vintage, within 3 years of 2024.
The numbers
| Vintage | Venture funds |
|---|---|
| 2014 | 1 |
| 2015 | 0 |
| 2016 | 1 |
| 2017 | 0 |
| 2018 | 1 |
| 2019 | 0 |
| 2020 | 0 |
| 2021 | 1 |
Updates from The Lowell Milken Family Foundation
All of The Lowell Milken Family Foundation’s updates on Hottub VC
Largest venture holdings
From its Form 990-PF return for the year ending October 31, 2024; “New” is a fund that wasn’t on the return before it.
| Fund, as reported | Manager | Vintage | Year-end value |
|---|---|---|---|
| Act One Ventures LP Emerging manager | Act One Ventures Management, L.L.C. | 2016 | $1.9M |
| March Capital Partners I, L.P. | March Capital | 2014 | $1.7M |
| Act One Ventures II, L.P. Emerging manager | Act One Ventures Management, L.L.C. | 2018 | $1.1M |
| Act One Ventures III, L.P. Emerging manager | Act One Ventures Management, L.L.C. | 2021 | $333K |
Open The Lowell Milken Family Foundation in LP Intelligence for every fund it holds and how to reach it, or find the LPs that back firms like yours.
LPs nearby
Within 100 miles, by city: a trip to one can take in the others.
- The Michael and Lori Milken Family Foundation
- The Deutsch Foundation
- The Seaver Institute
- Los Angeles City Employees' Retirement System (LACERS)
- The California Wellness Foundation
- Johnny Carson Foundation
- Hirji Wigglesworth Family Foundation
- Weingart Foundation
80 LPs within 100 miles in all: see them on the map.
About this data
Holdings as this foundation lists them on its Form 990-PF (Part II, lines 13 and 15). Amounts are year-end fair market value, or book value where it gives no other, not commitments or returns. As of October 31, 2024; new holdings are those not on its return for the year ending October 31, 2023. Source: IRS Form 990-PF. Funds are linked to a manager by name; a match can be wrong, and the original filing is the record. How Hottub reads its sources.