January 1982: The Milken Family Foundation (MFF)

Formalizing his earlier philanthropy, Mike establishes the Milken Family Foundation with his brother Lowell. Medical research is among the philanthropy’s major areas of focus.
Starting in the mid-1980s, MFF supports a cadre of young cancer researchers whose work opens several new lines of attack against the disease. These researchers today are recognized as true pioneers in their respective disciplines.