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Mather Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201030638 ✦ Evanston, IL ✦ Designated as a 501(c)(3)

Overview

What is Mather Foundation?

Mather Foundation is a non-profit organization serving as the parent entity for various Mather Organizations in Evanston, Illinois. With a mission to create ways for older adults to age well, Mather Foundation holds, invests, and preserves funds to support charitable initiatives. These initiatives encompass providing housing, healthcare, community programs, research, education, and other essential services to enhance the lives of older adults. As the umbrella organization, Mather Foundation enables its affiliated organizations to make a significant impact in the lives of older adults by managing and allocating funds effectively.


Official website here: www.mather.com

Is Mather Foundation legitimate?

Mather Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mather Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mather.com

What is the mission statement of Mather Foundation?

The Mather Foundation serves as the umbrella organization for the Mather Institutions. Its primary role is to manage and preserve funds for charitable purposes. This financial stability enables the affiliated organizations to offer essential services for older adults, including housing, healthcare, community programs, research, education, and other initiatives, all aimed at improving the quality of life for seniors and helping them age well.


Official website here: www.mather.com

Who is the CEO of Mather Foundation?

Mary G Leary is the President & Ceo of Mather Foundation. The CEO's salary of Mather Foundation is $0 and their total compensation is $2,589,571.


Official website here: www.mather.com

What is the revenue of Mather Foundation?

Mather Foundation's revenue in 2022 was $45,714,129.


Official website here: www.mather.com

Who are the executives of Mather Foundation and what are their salaries?

Here are 16 key members and their salaries (Mather Foundation's CEO's salary is $0 and their total compensation is $2,589,571):

    Mary G Leary (President & Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $1,730,479
  • Other: $859,092

    • Carol L Sussenbach (Cfo)
  • Compensation: $0
  • Related: $673,599
  • Other: $274,741

    • Christopher Manella (Svp Finance; Treasurer)
  • Compensation: $0
  • Related: $378,585
  • Other: $154,712

    • Julie Riggs (Secretary)
  • Compensation: $0
  • Related: $209,725
  • Other: $46,248

    • John R Phillips (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Graham W Atkinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy L Burke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gloria Castillo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jenny Chan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michelle L Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paulette R Dodson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger E Lumpp Ii (Director - Thru 3/22)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael G Mcgee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Shrier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott C Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terence J Toth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mather.com

    Where can I find the form 990 for Mather Foundation?

    The Mather Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mather.com

    Learn more at the official website: www.mather.com

    Mission Statement of Mather Foundation

    The Mather Foundation serves as the umbrella organization for the Mather Organizations. In this capacity, it holds, invests, and preserves funds to support the charitable mission of improving the lives of older adults. By managing these resources effectively, the Mather Foundation enables its affiliated organizations to provide a range of services that help older adults age well.

    These services encompass housing, healthcare, community programs, research, education, and other initiatives. Through these offerings, the Mather Foundation and its organizations aim to create opportunities and environments that enable older adults to thrive. The foundation's commitment to enhancing the lives of older adults is a driving force behind its work and sets the stage for positive change in the lives of many.

    The Mather Foundation's role as the parent entity for the Mather Organizations is crucial. Its ability to hold, invest, and preserve funds ensures that these organizations have the financial resources necessary to carry out their respective missions effectively. This financial stability allows the organizations to provide essential services and make a meaningful impact on the lives of older adults. By fostering an environment that supports the growth and development of older adults, the Mather Foundation is making a significant contribution to their overall well-being.

    Impact

    This information is meant to be a general summary of Mather Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Mather Foundation's impact lies in its support for Mather organizations to provide housing, healthcare, community programs, research, education, and other services that enhance the lives of older adults by creating innovative ways to age well. Through its financial investments and charitable mission, the Foundation contributes to improving the quality of life for older adults and promoting healthy aging practices.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $23,767,746
  • Program Service Revenue: $0
  • Gross Receipts: $144,907,314

    • Assets and Liabilities:
  • Total Assets: $667,352,452
  • Total Liabilities: $101,843,004
  • Net Assets: $565,509,448
  • Organization Details

    Founding Year

    2004

    Principal Officer

    Mary G Leary

    Main Address

    1560 SHERMAN AVENUE 1010, EVANSTON, IL, 60201

    NTEE Category

    Code: E12 - Health

    If you are a representative of Mather Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.