nonprofit logo

Manhattan Beach Education Foundation Endowment Fund

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

EIN: 453552314 ✦ Manhattan beach, CA ✦ Designated as a 501(c)(3)

Overview

What is Manhattan Beach Education Foundation Endowment Fund?

The Manhattan Beach Education Foundation Endowment Fund is a nonprofit organization situated in Manhattan Beach, California, at 325 S Peck Ave. Its mission is to raise, receive, invest, and administer funds to support services and specific programs for the Manhattan Beach Education Foundation, ultimately enhancing the quality of public education in the area for future generations. By providing a continuous and sustainable funding source, the Endowment Fund aims to expand and improve the educational programs offered by the Manhattan Beach Unified School District.


Official website here: www.endowment.mbef.org

Is Manhattan Beach Education Foundation Endowment Fund legitimate?

Manhattan Beach Education Foundation Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manhattan Beach Education Foundation Endowment Fund 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.endowment.mbef.org

What is the mission statement of Manhattan Beach Education Foundation Endowment Fund?

The Manhattan Beach Education Foundation Endowment Fund's mission is to provide a continuous and sustainable funding source, ensuring the enhancement and improvement of public education in the long term. By raising, receiving, investing, and administering funds, the organization aims to supply supportive services and fund specific programs, ultimately benefiting the Manhattan Beach Education Foundation and subsequently, the educational programs within the Manhattan Beach Unified School District. The primary goal is to expand and enhance the quality of education, securing its benefits for future generations.


Official website here: www.endowment.mbef.org

Who is the CEO of Manhattan Beach Education Foundation Endowment Fund?

Mike Duckworth is the President of Manhattan Beach Education Foundation Endowment Fund.


Official website here: www.endowment.mbef.org

What is the revenue of Manhattan Beach Education Foundation Endowment Fund?

Manhattan Beach Education Foundation Endowment Fund's revenue in 2022 was $1,901,786.


Official website here: www.endowment.mbef.org

Who are the executives of Manhattan Beach Education Foundation Endowment Fund and what are their salaries?

Here are 9 key members and their salaries:

    Hilary Mahan (Executive Director)
  • Compensation: $0
  • Related: $142,800
  • Other: $0

    • David Brennan (Dir. Of Development & Partnership)
  • Compensation: $0
  • Related: $117,325
  • Other: $0

    • Mike Duckworth (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Wilson (Secretary Until 01/2022) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitchell Ozawa (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rich Weiss (Cio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Geoff Bremer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeri Vick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roger Spencer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.endowment.mbef.org

    Where can I find the form 990 for Manhattan Beach Education Foundation Endowment Fund?

    The Manhattan Beach Education Foundation Endowment Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.endowment.mbef.org

    Learn more at the official website: www.endowment.mbef.org

    Mission Statement of Manhattan Beach Education Foundation Endowment Fund

    The Manhattan Beach Education Foundation Endowment Fund serves a vital role in providing a continuous and sustainable funding source for the Manhattan Beach Education Foundation. This endowment's mission is to enhance and expand the quality of public education in Manhattan Beach, ensuring its benefits for future generations. The organization achieves this by raising, receiving, holding, investing, and administering funds and properties. These funds are then utilized to provide supportive services and finance specific programs, benefiting the Manhattan Beach Education Foundation and subsequently, the educational programs of the Manhattan Beach Unified School District. By doing so, the Manhattan Beach Education Foundation Endowment Fund plays a significant role in supporting and improving the educational experience for the community's students.

    Impact

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




    Saturday, July 20, 2024

    The impact of the Manhattan Beach Education Foundation Endowment Fund is significant in enhancing the quality of public education in Manhattan Beach now and for generations to come. By providing a sustainable funding source to the Manhattan Beach Education Foundation, the endowment fund helps expand and improve educational programs within the Manhattan Beach Unified School District. This support contributes to the overall advancement of educational opportunities for students, teachers, and the community as a whole, ensuring a lasting impact on the quality of public education in the area.





    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: $782,552
  • Program Service Revenue: $0
  • Gross Receipts: $3,252,319

    • Assets and Liabilities:
  • Total Assets: $21,812,360
  • Total Liabilities: $65,000
  • Net Assets: $21,747,360
  • Organization Details

    Founding Year

    2011

    Principal Officer

    Mike Duckworth

    Main Address

    325 S PECK AVE, MANHATTAN BEACH, CA, 90266

    NTEE Category

    Code: B12 - Education

    If you are a representative of Manhattan Beach Education Foundation Endowment Fund 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.