Mammoth Lakes Foundation

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

EIN: 770245395 ✦ Mammoth lakes, CA ✦ Designated as a 501(c)(3)

Overview

What is Mammoth Lakes Foundation?

Mammoth Lakes Foundation is a nonprofit organization situated in Mammoth Lakes, California. Their primary mission is to foster higher education and cultural enrichment in the Eastern Sierra region. Over the years, they have awarded numerous scholarships, with over 678 students benefiting from this program since its inception. The foundation collaborates with community organizations and the local college to shape future land use and facilities, with a vision to develop a cultural center, expanded theater, and new arts programs. The foundation's work is instrumental in continuing the development of a permanent campus in the Mammoth Lakes area, offering facilities for academic studies, arts appreciation, and student housing. With a team of three dedicated individuals, the foundation is committed to enriching the local community through education and cultural activities.


Official website here: www.mammothlakesfoundation.org

Is Mammoth Lakes Foundation legitimate?

Mammoth Lakes Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mammoth Lakes 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: $66,550
Professional Fundraising Fees: $0
Other Salaries and Wages: $69,487

For more financial information, click here


Official website here: www.mammothlakesfoundation.org

What is the mission statement of Mammoth Lakes Foundation?

The Mammoth Lakes Foundation's mission is centered around fostering the growth of higher education and cultural enrichment. It aims to establish a permanent campus with facilities for academic studies, arts appreciation, and student housing. The foundation has been instrumental in awarding scholarships to over 678 students since its inception, distributing scholarships in both fall and spring semesters. The organization collaborates with community organizations and colleges to plan for future land use and facilities. Currently, the community is advocating for the development of a cultural center, an expanded theater, and new arts programs. The foundation's efforts are crucial in continuing the process of planning and visioning, which often takes several years to bring the next project to fruition.


Official website here: www.mammothlakesfoundation.org

Who is the CEO of Mammoth Lakes Foundation?

Gary Mccoy is the President of Mammoth Lakes Foundation.


Official website here: www.mammothlakesfoundation.org

What is the revenue of Mammoth Lakes Foundation?

Mammoth Lakes Foundation's revenue in 2022 was $458,494.


Official website here: www.mammothlakesfoundation.org

Who are the executives of Mammoth Lakes Foundation and what are their salaries?

The average compensation at Mammoth Lakes Foundation during 2022 was $45,346. There are 3 employees and 150 volunteers at Mammoth Lakes Foundation.

Here are 10 key members and their salaries:

    Gary Mccoy (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Myers (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shields Richardson (Secretary/Treas) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Luan Mendel (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lois Klein (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacey Bardfield (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy Bornfeld (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandi Forstenzer (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Barrett (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Truax (Executive Dir.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mammothlakesfoundation.org

    Where can I find the form 990 for Mammoth Lakes Foundation?

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


    Official website here: www.mammothlakesfoundation.org

    Learn more at the official website: www.mammothlakesfoundation.org

    Mission Statement of Mammoth Lakes Foundation

    The Mammoth Lakes Foundation is dedicated to fostering the growth of higher education and cultural enrichment in its respective sphere. This commitment extends to the establishment of a permanent campus, which will provide facilities for academic studies, artistic appreciation, and student housing. The foundation's activities are geared towards promoting an environment that nurtures intellectual and artistic growth, ultimately benefiting the wider community.

    In pursuit of this mission, the Mammoth Lakes Foundation has awarded several scholarships to students during both the fall and spring semesters. Since the inception of this program, over 678 students have received financial assistance, underscoring the foundation's significance in providing educational opportunities. The foundation continues to collaborate with community organizations and the local college, engaging in discussions regarding future land use and facility development.

    As the foundation looks towards the future, it has identified the construction of a cultural center, an expanded theater, and the introduction of new arts programs as the next major project. This vision stems from the belief that the development of these facilities will further enrich the cultural landscape and contribute to the overall well-being of the community. The Mammoth Lakes Foundation is a driving force in the continuous process of planning and visioning, a crucial step in bringing these ambitious projects to fruition, which often takes several years.

    Impact

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




    Wednesday, July 24, 2024

    The Mammoth Lakes Foundation's impact includes supporting the development of higher education and cultural enrichment in the Eastern Sierra. This includes awarding scholarships to students, with 69 scholarships being awarded in the fall and spring semesters. Over 678 students have received scholarships since the program started. Additionally, the foundation collaborates with community organizations and the college to plan for future land use and facilities. The community's vision includes the development of a cultural center, expanded theater, and new arts programs. Such planning and visioning are crucial for the continued growth of higher education and cultural enrichment in the Mammoth Lakes 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: $1,852
  • Program Service Revenue: $39,322
  • Gross Receipts: $458,543

    • Assets and Liabilities:
  • Total Assets: $7,639,483
  • Total Liabilities: $58,736
  • Net Assets: $7,580,747
  • Programs

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

    FILM FESTIVAL
    MUSEUM INCOME

    Revenue

    $39,282

    NEWSLETTER

    Revenue

    $40

    STUDENT HOUSING
    THEATER INCOME

    Organization Details

    Founding Year

    1989

    Principal Officer

    Gary Mccoy

    Main Address

    PO BOX 1815, MAMMOTH LAKES, CA, 93546

    NTEE Category

    Code: B80 - Education

    If you are a representative of Mammoth Lakes 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.