Friends Of Mcmaster Inc

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

EIN: 136163055 ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Mcmaster Inc?

Friends of McMaster Inc is a nonprofit organization, headquartered at 1280 Main St West, Hamilton, Ontario, Canada (Postal Code L8S 4L8). Their primary mission is to support education and research at McMaster University by soliciting, receiving, managing, and distributing funds and other resources. Friends of McMaster Inc is dedicated to contributing to the academic programs and research initiatives at the university, as evident by their grant-providing activities.


Official website here: www.mcmaster.ca

Is Friends Of Mcmaster Inc legitimate?

Friends Of Mcmaster Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Mcmaster Inc 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.


Heare 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.mcmaster.ca

What is the mission statement of Friends Of Mcmaster Inc?

Friends of McMaster Inc's mission is centered around raising and managing funds to support educational and research initiatives at McMaster University. Their purpose is to contribute financially to academic programs and research projects at the university. They distribute grants to McMaster University to aid in its scholarly pursuits and research endeavors. This non-profit organization plays a crucial role in fostering academic growth and innovation at McMaster University.


Official website here: www.mcmaster.ca

Who is the CEO of Friends Of Mcmaster Inc?

Lou Mitton is the President of Friends Of Mcmaster Inc.


Official website here: www.mcmaster.ca

What is the revenue of Friends Of Mcmaster Inc?

Friends Of Mcmaster Inc's revenue in 2022 was $2,757,689.


Official website here: www.mcmaster.ca

Who are the executives of Friends Of Mcmaster Inc and what are their salaries?


Here are 10 key members and their salaries:


Martin Deborah (President)
  • Compensation: $0
  • Related: $244,188
  • Other: $36,375
Mary Williams (N/A)
  • Compensation: $0
  • Related: $214,559
  • Other: $26,480
Paul Grossman (Director)
  • Compensation: $0
  • Related: $150,107
  • Other: $28,513
Lou M Mitton (Treasurer)
  • Compensation: $0
  • Related: $134,697
  • Other: $25,972
Janice St Denis (Director)
  • Compensation: $0
  • Related: $128,348
  • Other: $24,200
Lorna Embury Somers (Secretary)
  • Compensation: $0
  • Related: $129,525
  • Other: $20,897
Ryan Liddell (Director)
  • Compensation: $0
  • Related: $120,086
  • Other: $22,440
Lauren Cuddy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natraj Ramachandran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Stein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mcmaster.ca

Where can I find the form 990 for Friends Of Mcmaster Inc?

Friends Of Mcmaster Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mcmaster.ca

Learn more at the official website: www.mcmaster.ca

Mission Statement of Friends Of Mcmaster Inc

Friends of McMaster Inc, a nonprofit organization, is dedicated to supporting education and research at McMaster University. Its primary purpose is to solicit, receive, manage, and distribute funds and other properties to further this cause. By providing grants to McMaster University, Friends of McMaster Inc contributes to the university's academic and research programs, including scholarship opportunities. The organization plays a crucial role in enhancing the educational and research capabilities of McMaster University, thereby contributing to the wider academic community.

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Impact




October, 2024

Friends Of McMaster Inc has a significant impact on education and research at McMaster University. By providing grants and financial support, it enhances academic programs and research initiatives, fostering an environment conducive to learning and innovation. The organization plays a crucial role in funding scholarships, which helps to alleviate financial burdens for students and ensures that a diverse range of individuals can access higher education. This support not only promotes academic excellence but also contributes to advancements in various fields of study, benefiting both the university community and the broader society. Through its efforts, Friends Of McMaster Inc strengthens the foundation of education and research, paving the way for future breakthroughs and cultivating the next generation of leaders and thinkers.




This information is meant to be a general summary of Friends Of Mcmaster Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,757,689 (2022)
Expenses
$2,757,453 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $2,757,689

Assets and Liabilities:

  • Total Assets: $2,002,637
  • Total Liabilities: $2,001,909
  • Net Assets: $728

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Organization Details

Founding Year

1953

Principal Officer

Lou Mitton

NTEE Category

Code: B84 - Education

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