Michelson Medical Research Foundation, Inc.
Michelson Medical Research Foundation, Inc. is a private grantmaking foundation headquartered in Los Angeles, California. Founded in 1995 by Dr. Gary Karlin Michelson, the foundation advances medical research by building infrastructure and funding highly collaborative, convergent projects and targeted science. It empowers scientists, especially young investigators, to translate innovative ideas into therapies that save lives. The organization provides grants, prizes, and strategic investments, with a focus on transformative impact in the biomedical sciences. The foundation operates as a 501(c)(3) nonprofit and is classified as a private philanthropic foundation. Recent filings report no paid staff; the foundation is mainly led by directors and officers who receive no compensation. It serves the scientific and medical research communities.
Investment Strategy
The foundation pursues a disruptive philanthropic approach, complementing government grants by funding bold, young scientists with ideas that could revolutionize scientific processes and enable medical breakthroughs. It invests in highly collaborative, convergent research projects and directly supports individuals and programs through grants and prizes. Strategy focuses on accelerating the translation of innovative research into lifesaving therapies, especially those underfunded by traditional sources, and supporting transformative research infrastructure in academia and medicine.
Top Holdings
Equity Positions (19)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
M MTN | VAIL RESORTS INC | 12.97% | $13.5M | 86,000 | $179.80 | $157.13 | -$248.5K |
G GDX | VANECK ETF TRUST | 11.70% | $12.2M | 234,305 | $33.89 | $52.06 | +$1.4M |
I IVE | ISHARES TR | 9.73% | $10.1M | 51,905 | $145.07 | $195.42 | +$251.2K |
V VEA | VANGUARD TAX-MANAGED FDS | 8.65% | $9.0M | 158,160 | $42.24 | $57.01 | +$977.4K |
V VWO | VANGUARD INTL EQUITY INDEX F | 6.06% | $6.3M | 127,630 | $38.98 | $49.46 | +$536.0K |