Overview
What is Ray Dolby Legacy Fund?
The Ray Dolby Legacy Fund is a charitable organization based in Novato, California. It is dedicated to carrying out philanthropic activities in line with the mission of the MCF (Mission Endowment Fund). The organization's primary focus is charitable grantmaking. The MCF's overarching goal is to enhance the human condition, embrace diversity, promote a humane and democratic society, and enhance community quality of life for present and future generations. The Ray Dolby Legacy Fund contributes to these objectives through its charitable activities.
Official website here: www.none
What are the reviews and ratings of this charity?
The Ray Dolby Legacy Fund is currently not rated by Charity Navigator. The lack of a rating signifies that the organization does not have enough data, specifically in areas like Accountability & Finance or Impact & Measurement, to be evaluated under Charity Navigator’s methodologies. This does not necessarily reflect negatively or positively on the organization, as ratings are dependent on available data.
The fund operates as a 509(a)(3) organization, meaning it serves to support other organizations and is independent from larger organizational groupings. Leadership data, including salaries for key personnel, is available, which highlights transparency in certain aspects of financial operations. However, without further data, scoring for Culture & Community, as well as Leadership & Adaptability, remains unaddressed.
Given the lack of user reviews on GreatNonprofits, there is limited insight into public perception or feedback from those interacting with or benefiting from the fund. The organization's future evaluations may depend on increasing available fiscal data and evidence of program impacts.
This AI summary has been generated from information found on Charity Navigator.
Is Ray Dolby Legacy Fund legitimate?
Ray Dolby Legacy Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ray Dolby Legacy 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.
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.none
What is the mission statement of Ray Dolby Legacy Fund?
The Ray Dolby Legacy Fund is devoted to charitable pursuits that align with the mission of the Mission Foundation (MCF). MCF's goal is to encourage and channel philanthropic donations to enhance the human condition, embrace diversity, foster a humane and democratic society, and elevate the community's quality of life for current and future generations. The Ray Dolby Legacy Fund's charitable efforts reflect MCF's commitment to making a positive impact on society.
Official website here: www.none
Who is the CEO of Ray Dolby Legacy Fund?
Rhea Suh is the President & Ceo of Ray Dolby Legacy Fund. The CEO's salary of Ray Dolby Legacy Fund is $0 and their total compensation is $189,353.
Official website here: www.none
What is the revenue of Ray Dolby Legacy Fund?
Ray Dolby Legacy Fund's revenue in 2022 was $13,415,992.
Official website here: www.none
Who are the executives of Ray Dolby Legacy Fund and what are their salaries?
There 1 volunteer at Ray Dolby Legacy Fund.
Here are 8 key members and their salaries (Ray Dolby Legacy Fund's CEO's salary is $0 and their total compensation is $189,353):
- Compensation: $0
- Related: $559,072
- Other: $76,294
- Compensation: $0
- Related: $394,129
- Other: $73,364
- Compensation: $0
- Related: $250,948
- Other: $48,033
- Compensation: $0
- Related: $235,092
- Other: $43,808
- Compensation: $0
- Related: $185,006
- Other: $4,347
- Compensation: $0
- Related: $132,214
- Other: $33,494
- Compensation: $0
- Related: $112,135
- Other: $48,961
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Ray Dolby Legacy Fund
The Ray Dolby Legacy Fund is a charitable organization dedicated to making grants that align with the philanthropic objectives of the Mission Foundation (MCF). MCF's mission, in turn, is to inspire and facilitate philanthropic giving to improve the human condition, foster diversity, promote a humane and democratic society, and enhance the community's quality of life both now and for future generations. The Ray Dolby Legacy Fund contributes to this mission by engaging in charitable activities that resonate with the noble causes supported by MCF. By doing so, it strives to bring about positive change and create a lasting impact on society.
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Impact
October, 2024
The Ray Dolby Legacy Fund actively engages in charitable grantmaking that aligns with its commitment to enhance the human condition and promote a diverse, humane, and democratic society. By focusing on philanthropic contributions, the Fund has a significant impact on improving community quality of life, both now and for future generations. Its initiatives foster an environment where charitable activities can thrive, thereby addressing various social challenges and empowering communities in Novato, CA, and beyond. Through its work, the Fund is dedicated to embracing diversity and supporting efforts that enhance the overall well-being of society.
This information is meant to be a general summary of Ray Dolby Legacy Fund. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $73,742
- Gross Receipts: $13,415,992
Assets and Liabilities:
- Total Assets: $10,836,808
- Total Liabilities: $0
- Net Assets: $10,836,808
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Organization Details
Founding Year
2008
Phone
(415) 464-2500Principal Officer
Rhea Suh
Main Address
5 HAMILTON LANDING 200, NOVATO, CA, 94949
Website
www.noneNTEE Category
Code: T11 - Philanthropy
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