Giving

Endowment

Through the vision and generosity of our donors, a strong endowment ensures that future generations benefit from Milken’s extraordinary academic and signature programs. Each student at our School receives an enriching Jewish education that yields imessurable rewards throughout their lifetime. When we secure this opportunity, we sustain our mission for young minds to come.

Endowment Funds

  • General Endowment 
  • The Jewish National Fund and Milken Community Schools Scholarship Fund for the Alexander Muss High School in Israel
  • The Avi Efraim Gesundheit Music Fund
For more information on how you can help endow Milken’s future, please contact our Development Department.

Frequently Asked Questions

List of 10 items.

  • What is an endowment?

    An endowment is a pool of invested funds, typically sourced from charitable donations, which provides returns or ongoing income for a designated purpose or for general operating support. 
  • How does the endowment benefit Milken Community Schools?

    Milken’s endowment is designed to keep the principal amount intact while using investment income to support annual operations. Preserving the principal provides a perpetual source of income for the school.
     
     
  • How does Endowment differ from the Annual Fund?

    Annual Fund donations supplement the School's operating budget and are only used during the fiscal year the gift was made. Endowment funds are invested to preserve the principal for the future. Investment income is used to supplement the annual operating budget.
     
  • What is the value of Milken’s endowment?

    As of June 30, 2019, the market value of Milken’s endowment was approximately $6.7 million.
     
     
  • Who sets the endowment policy?

    The school’s Finance Committee develops endowment policy for approval by the Board of Directors.
     
  • Why do some funds have names on them?

    Like many non-profit organizations, Milken Community Schools offers its most generous endowment donors the opportunity to name a designated endowment fund after themselves or individuals they may wish to honor.
     
  • How can I name a fund?

    Milken Community Schools offers its most generous endowment donors the opportunity to designate a name for a  fund. Donors making gifts of $100,000 or more may direct their contribution to an existing fund or establish a new endowed fund for a specific purpose.
  • Can I create an endowment through my estate?

    Yes, a charitable bequest to Milken can be designated for the endowment.
     
  • Who invests the funds?

    Milken’s endowment is managed by external investment advisors overseen by the Finance Committee and the Board of Directors.
     
  • Who should I contact if I have more questions?

    For more information, please contact Hilary Hellman, Director of Development at 310.440.3586 or HHellman@MilkenSchool.org.
     

Office of Development

List of 2 members.

  • Photo of Daniel Spiegel

    Mr. Daniel Spiegel 

    Associate Head of School for External Relations
  • Photo of Hilary Hellman

    Hilary Hellman 

    Director of Development
    310.440.3586
The Development Office is here to assist you. Please don’t hesitate to contact us.


Milken is a vibrant academic home for diverse students from across Los Angeles. What they find here is an environment that emphasizes critical thinking, prioritizes personal development and fosters a sense of cohesive community. We invite you to get to know us better.