Mike Milken’s philanthropic efforts go beyond the search for medical solutions. He formalized his family’s philanthropy in 1982 by co-founding the Milken Family Foundation, which tackles inner-city issues like education and youth development. MFF’s Milken Educator Awards, deemed the “Oscars of Teaching” by Teacher Magazine, have helped elevate “the profession that educates all other professions.” Milken is also chairman of the Milken Institute, a non-partisan think tank that works to develop marketplace solutions to social issues. The Institute’s annual Global Conference is considered one the world’s best platforms for collaborative problem solving.

Mike Milken suggests that people get into philanthropy “while [they] have the energy,” but that they also seek a “little wisdom” from experts in their area of giving, who will tell them the truth.

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