Nonprofits›Marymount Education Foundation

Education

Marymount Education Foundation

RLLNG HLS EST, CA

WebsiteView as a funder

Total revenue

$48.3M

Total expenses

$600K

Net assets

$49.2M

Grants received

$52.4M

6 grants

EIN

884077281

Tax year

2024

Mission

Marymount education foundation funds educational grants, scholarships, and programs in order to provide opportunities for individuals who are beyond the compulsory school attendance age to acquire a higher level of knowledge, skills, and specialization in their chosen areas of interest within a formal school setting, including, but not limited to, universities and other degree granting institutions.

Programs

1 program

Educational grants: mef will support educational initiatives that promote access, degree attainment, and a community of learners. This program is not yet defined and is not yet active.

Financials

FY 2024

Revenue

Contributions & grants$46.0M
Program service revenue—
Investment income$2.4M
Other revenue—
Total revenue$48.3M

Expenses

Grants paid$156K
Salaries & benefits$202K
Fundraising—
Other expenses$242K
Total expenses$600K
Total assets$54.0M
Net assets$49.2M

People

10 listed

NameRoleCompensation

ROBYN JONES

EXECUTIVE DIRECTOR

Board

$165K

40 hrs/wk

ARIANE SCHAUER

VICE PRESIDENT/SECRETARY

Board

—

15 hrs/wk

BRIAN MARCOTTE

TREASURER

Board

—

15 hrs/wk

ANTOINE-MARIE BAURIER

TRUSTEE

Board

—

5 hrs/wk

DAVE TOMBLIN

TRUSTEE

Board

—

5 hrs/wk

RICK EDLER

CHAIRMAN/PRESIDENT

Board

—

15 hrs/wk

MARK VILLANO

TRUSTEE

Board

—

5 hrs/wk

CAROLINE SAYERS

TRUSTEE

Board

—

5 hrs/wk

RYAN ALCANTARA

TRUSTEE

Board

—

5 hrs/wk

SUE SOLDOFF

TRUSTEE

Board

—

5 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
MARYMOUNT CALIFORNIA UNIVERSITY
$46.3M
EDUCATIONAL GRANTS/PROGRAMS
2023
MARYMOUNT CALIFORNIA UNIVERSITY
$4.9M
MEF RESERVE FUND TO PAY OBLIGATIONS OF MCU AFTER MCU'S DISSOLUTION AND DISTRIBUTION OF ALL ASSETS TO MEF IN ACCORDANCE WITH A MCU MEF GRANT AGREEMENT.
2023
MARYMOUNT CALIFORNIA UNIVERSITY
$383K
REVERSIONARY INTEREST IN PREPAID RENT VESTED IN THE MARYMOUNT EDUCATION FOUNDATION (MEF) (PER A GRANT AGREEMENT) ON BEHALF OF MARYMOUNT CALIFORNIA UNIVERSITY AND ITS SUCCESSORS/ASSIGNS. THE PREPAID RENT IS FOR A RESIDENTIAL UNIT OCCUPIED BY SR. ANTONIE-MARIE BAURIER, EMPLOYEE/OFFICER AND MEMBER OF THE CATHOLIC CHURCH ORDER RELIGIOUS OF THE SACRED HEART OF MARY AFTER 50 YEARS OF SERVICE TO THE ORDER AND THE UNIVERSITY UNDER A VOW OF POVERTY. WHEN THE UNIT IS NO LONGER OCCUPIED, THE RESIDUAL OF THE PREPAID RENT WILL REVERT TO MEF, MCU'S GRANTEE/DISTRIBUTEE.
2023
MARYMOUNT CALIFORNIA UNIVERSITY
$286K
EDUCATIONAL GRANTS/PROGRAMS
2023
MARYMOUNT CALIFORNIA UNIVERSITY
$15K
5 YEAR PREPAID DOCUMENT STORAGE RENT TO HOLD MARYMOUNT CALIFORNIA UNIVERSITY'S EDUCATIONAL, BUSINESS, ORGANIZATIONAL, AND OTHER DOCUMENTS FOR RECORD RETENTION.
2023
MARYMOUNT CALIFORNIA UNIVERSITY
$550K
EDUCATIONAL GRANTS/PROGRAMS
2022

Funded by

$52.4M from 1 funder · 6 grants · 2022–2023

Marymount California University

$52.4M · 6 grants · 2022–2023

Details

EIN884077281
NTEE codeB82
Subsection03
Ruling date2022-11
Formed2022
Employees1
Volunteers9
MARYMOUNT EDUCATION FOUNDATION — Mission, Financials & Grants Received | Grantivo