Overview
What is Claremont Investment Fund?
The Claremont Investment Fund is a nonprofit organization based in Claremont, California, specifically at 500 East 9th Street. Its primary mission is to manage and hold the endowment assets for Claremont McKenna College and approved members of the Claremont Colleges, as determined by the College's Board of Trustees. The objective of the Fund is to maintain and enhance its purchasing power while providing a consistent and stable income stream, adjusting for inflation, to meet the College's and participating members' spending requirements. As an affiliate of Claremont McKenna College, the Claremont Investment Fund contributes to the financial wellbeing of these educational institutions.
Is Claremont Investment Fund legitimate?
Claremont Investment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Claremont Investment 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
What is the mission statement of Claremont Investment Fund?
The Claremont Investment Fund was established to manage and preserve the endowment assets of Claremont McKenna College and approved members of the Claremont Colleges. Its primary objective is to maintain and enhance the purchasing power of these assets in real terms, ensuring a consistent and stable earnings stream to meet the spending requirements of the college and participating members. The Fund operates as an affiliate of Claremont McKenna College.
Who is the CEO of Claremont Investment Fund?
Erin Watkins is the President And Ceo of Claremont Investment Fund. The CEO's salary of Claremont Investment Fund is $0 and their total compensation is $757,090.
What is the revenue of Claremont Investment Fund?
Claremont Investment Fund's revenue in 2022 was $132,286,956.
Who are the executives of Claremont Investment Fund and what are their salaries?
- James Floyd (President And Ceo)
- Andrew Dorantes (Vice President)
- Matthew Bibbens (Secretary And General Counsel)
- Michael Denny (Vice President)
- Erin Watkins (Treasurer)
- Rossi A Russell (Chairman) [Trustee/Director]
- Abbott Brown (Director)
- Shamit Grover (Director)
- E David Hetz (Director)
- Harry T Mcmahon (Director)
- David G Mgrublian (Director)
- Matthew Ferri (Director)
Where can I find the form 990 for Claremont Investment Fund?
The Claremont Investment Fund’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Claremont Investment Fund
The Claremont Investment Fund is a vital organization that manages and holds the endowment assets of Claremont McKenna College and selected members of the Claremont Colleges. Its primary objective is to preserve and enhance the real purchasing power of these assets, while providing a stable and consistent stream of earnings in real terms. This income is essential for meeting the spending needs of the college and its participating members. The Claremont Investment Fund operates as an affiliate of Claremont McKenna College.
In essence, the Claremont Investment Fund serves as a financial steward, responsible for managing the investments of its partner institutions. Its mission is twofold: to protect the value of the endowment in the face of inflation and to generate a reliable income. By achieving these goals, the Fund enables the colleges it serves to focus on their academic pursuits and educational missions, secure in the knowledge that their financial needs will be met. The Claremont Investment Fund's dedication to maintaining the real value of the endowment ensures that the colleges and their members can continue to benefit from the long-term financial security it provides.
Impact
This information is meant to be a general summary of Claremont Investment Fund. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Claremont Investment Fund's impact lies in its role of managing and preserving the endowment assets of Claremont McKenna College and approved members of the Claremont Colleges. By aiming to enhance and protect the real purchasing power of these assets while ensuring a stable stream of earnings, the Fund contributes to the financial sustainability of these educational institutions. This strategic management helps support the educational mission and activities of Claremont McKenna College and participating members of the Claremont Colleges by providing the necessary financial resources for their operations and endeavors.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2017
Phone
(909) 621-8230
Principal Officer
Erin Watkins
Main Address
500 EAST 9TH STREET, CLAREMONT, CA, 91711
NTEE Category
Code: B80 - Education
If you are a representative of Claremont Investment 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.