nonprofit logo

Minerva Institute For Research And Scholarship

Minerva University

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

EIN: 462589747 ✦ San francisco, CA ✦ Designated as a 501(c)(3)

Overview

What is Minerva Institute For Research And Scholarship?

The Minerva Institute for Research and Scholarship, also known as Minerva University, is a nonprofit organization based in San Francisco, California. With a workforce of 640 employees, its mission is to provide affordable, high-quality education leading to an undergraduate degree. This is accomplished by identifying and awarding scholarships, direct aid, and instruction using innovative live video-based platforms and immersive residential services in seven global locations. The organization's primary goal is to stimulate meaningful innovation by supporting the development and access to transformative educational programs and identifying and assisting the most promising potential students regardless of their location or circumstances.


Official website here: www.minerva.edu

Is Minerva Institute For Research And Scholarship legitimate?

Minerva Institute For Research And Scholarship is a legitimate nonprofit organization registered as a 501(c)(3) entity. Minerva Institute For Research And Scholarship 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: $1,754,916
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,461,326

For more financial information, click here


Official website here: www.minerva.edu

What is the mission statement of Minerva Institute For Research And Scholarship?

The Minerva Institute for Research and Scholarship is dedicated to fostering meaningful innovation by facilitating the growth of transformative educational programs. This is achieved by identifying and supporting the most promising students, regardless of their location or circumstances. The institute's mission is centered around providing affordable, high-quality educational programs leading to an undergraduate degree. To accomplish this, the institute identifies deserving students, awards scholarships and other forms of aid, and delivers instruction through a high-quality, scaffolded curriculum, all delivered via a live video-based platform. In addition, the institute offers immersive residential services in seven global locations.


Official website here: www.minerva.edu

Who is the CEO of Minerva Institute For Research And Scholarship?

Michael Magee is the Principal Officer of Minerva Institute For Research And Scholarship.


Official website here: www.minerva.edu

What is the revenue of Minerva Institute For Research And Scholarship?

Minerva Institute For Research And Scholarship's revenue in 2022 was $46,783,165.


Official website here: www.minerva.edu

Who are the executives of Minerva Institute For Research And Scholarship and what are their salaries?

The average compensation at Minerva Institute For Research And Scholarship during 2022 was $22,213. There are 640 employees and 12 volunteers at Minerva Institute For Research And Scholarship.

Here are 24 key members and their salaries:

    Therese Cannon (President)
  • Compensation: $310,275
  • Related: $0
  • Other: $18,837

    • Vicki Chandler (Chief Academic Officer, Provost)
  • Compensation: $299,250
  • Related: $0
  • Other: $18,837

    • Richard Holman (Dean Of Faculty)
  • Compensation: $250,000
  • Related: $0
  • Other: $32,154

    • Nikolaus Pelka (Cfo)
  • Compensation: $225,000
  • Related: $0
  • Other: $21,709

    • Dollie Davis (Associate Dean Of Faculty)
  • Compensation: $214,493
  • Related: $0
  • Other: $13,897

    • Joshua Fost (Vice Provost Of Innovation)
  • Compensation: $200,000
  • Related: $0
  • Other: $19,079

    • Junko Green (Chief Discovery/Comm. Officer)
  • Compensation: $210,000
  • Related: $0
  • Other: $0

    • Benoit Richard (Professor)
  • Compensation: $158,275
  • Related: $0
  • Other: $8,399

    • Nikhil Mathur (Professor)
  • Compensation: $153,587
  • Related: $0
  • Other: $12,897

    • Kayla Dora Krupnick Walsh (Dean Of Student)
  • Compensation: $161,250
  • Related: $0
  • Other: $0

    • Rena Levitt (Professor)
  • Compensation: $149,859
  • Related: $0
  • Other: $9,720

    • Patrick Watson (Professor)
  • Compensation: $141,309
  • Related: $0
  • Other: $11,273

    • Bob Kerrey (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacey Childress (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Nelson (Founder & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bertil Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robin Goldberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Horn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Melnick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendell Pritchett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Venki Ramakrishnan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Schekman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Diane Tavenner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zhang Yiming (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.minerva.edu

    Where can I find the form 990 for Minerva Institute For Research And Scholarship?

    The Minerva Institute For Research And Scholarship’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.minerva.edu

    Learn more at the official website: www.minerva.edu

    Mission Statement of Minerva Institute For Research And Scholarship

    The Minerva Institute for Research and Scholarship is a pioneering organization that stimulates meaningful innovation by fostering the development and accessibility of transformative educational programs. By identifying and supporting the most promising potential students regardless of their location or circumstances, Minerva Institute empowers them to pursue undergraduate degrees through its affordable, high-quality educational programs.

    Minerva Institute's mission comes to life by operating innovative live video-based educational platforms, delivering immersive residential services, and providing scholarships and other direct financial aid. In essence, the Institute identifies students with great potential, enabling them to access transformative educational programs that would otherwise be inaccessible due to financial or logistical constraints.

    Minerva Institute's educational offerings encompass rigorous, scaffolded curricula designed to challenge and inspire students. This innovative approach to education is delivered through a live video-based platform, allowing students to engage in real-time learning experiences with their peers and instructors, fostering a dynamic and interactive educational environment. Additionally, Minerva Institute offers immersive residential services, providing students with opportunities to form deep connections with their peers and learn in a collaborative, supportive environment. With seven global locations available, Minerva Institute offers students a truly diverse and enriching educational experience.

    Impact

    This information is meant to be a general summary of Minerva Institute For Research And Scholarship. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Minerva Institute for Research and Scholarship is making a significant impact by stimulating meaningful innovation through the development and accessibility of transformative educational programs. By identifying and supporting promising students regardless of their location or circumstances, the institute is empowering individuals to pursue affordable, high-quality educational opportunities leading to an undergraduate degree. Utilizing innovative live video-based platforms and immersive residential services in seven global locations, Minerva Institute is at the forefront of modern education, ensuring that students receive top-notch instruction and support to excel in their academic pursuits. With a mission focused on fostering innovation and providing equitable educational opportunities, Minerva Institute for Research and Scholarship is actively shaping the future of education for students around the world.





    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: $25,784
  • Program Service Revenue: $16,674,450
  • Gross Receipts: $48,545,579

    • Assets and Liabilities:
  • Total Assets: $14,539,633
  • Total Liabilities: $7,225,701
  • Net Assets: $7,313,932
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    TUITION AND FEES

    Revenue

    $16,674,450

    Organization Details

    Founding Year

    2013

    Principal Officer

    Michael Magee

    Main Address

    14 MINT PLAZA FLOOR 3, SAN FRANCISCO, CA, 94103

    NTEE Category

    Code: B43 - Education

    If you are a representative of Minerva Institute For Research And Scholarship 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.