Overview
What is Mind & Life Institute?
The Mind & Life Institute is a research-focused nonprofit organization situated in Charlottesville, Virginia. With a team of 25 dedicated individuals, its primary mission is to bridge the gap between scientific research and contemplative wisdom, aiming to foster insight and encourage positive action towards flourishing. Their annual summer research institute, held in June 2022, titled "Othering, Belonging, and Becoming," attracted over 350 participants from 40 countries and 6 continents, with the online format enabling international participation. The program featured plenaries, small group discussions, storytelling sessions, and contemplative practices, addressing the roots and potential solutions to the growing divisions in our world. Scholarships were provided to promote diversity and inclusivity within the participant pool.
Official website here: www.mindandlife.org
What are the reviews and ratings of this charity?
100% rating from Charity Navigator indicates that the Mind & Life Institute is performing exceptionally well as a nonprofit organization, achieving a Four-Star out of Four Star rating. This score reflects a strong commitment to accountability and financial transparency, contributing to the organization's credibility and trustworthiness among donors and stakeholders.
The organization demonstrates robust financial health, with a high program expense ratio of nearly 74%, indicating that a significant portion of its budget is allocated to its mission-driven activities. Additionally, the Mind & Life Institute has an excellent fundraising efficiency ratio of $0.13, showing effective use of funds in relation to fundraising efforts. The organization has also established comprehensive policies regarding conflict of interest, whistleblowing, and document retention, which further strengthens its governance framework.
Moreover, the Mind & Life Institute excels in leadership and adaptability, scoring a full 100% in this category. The organization invests heavily in leadership development and effectively mobilizes its mission, demonstrating a strong external focus. There are no noted limitations in the data, underscoring the overall effectiveness and reliability of the organization in fulfilling its objectives.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Mind & Life Institute?
90% of 63 reviewers on Facebook recommend the Mind & Life Institute. Here is a summary of their reviews:
Many users appreciate the engaging and insightful training offered by the nonprofit, highlighting its unique approach to mind training. Reviewers find the content to be both fascinating and valuable, contributing positively to their personal development.
Overall, it seems the Mind & Life Institute is well-regarded for its initiatives, with a strong emphasis on exploring the intersection of mindfulness and science. People are satisfied with the experiences they gain and believe the organization fulfills its mission effectively.
This AI summary has been generated from reviews found on Facebook.
Is Mind & Life Institute legitimate?
Mind & Life Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mind & Life Institute 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: $653,747
Professional Fundraising Fees: $0
Other Salaries and Wages: $813,145
For more financial information, click here
Official website here: www.mindandlife.org
What is the mission statement of Mind & Life Institute?
The Mind & Life Institute's mission is to bridge the gap between scientific knowledge and contemplative wisdom, aiming to foster insight and inspire action towards flourishing. This organization seeks to explore the root causes and potential solutions to the growing divisions in our world, encouraging understanding and unity. Their activities include hosting events like the Annual Summer Research Institute, which brings together scholars from various countries to discuss and address these issues. They provide scholarships to ensure a diverse and inclusive participant experience.
Official website here: www.mindandlife.org
What is the revenue of Mind & Life Institute?
Mind & Life Institute's revenue in 2023 was $3,884,543.
Official website here: www.mindandlife.org
Who are the executives of Mind & Life Institute and what are their salaries?
The average compensation at Mind & Life Institute during 2023 was $77,205. There are 19 employees and 53 volunteers at Mind & Life Institute.
Here are 14 key members and their salaries:
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- Compensation: $115,351
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- Other: $13,120
- Compensation: $133,591
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- Other: $12,670
Official website here: www.mindandlife.org
Where can I find the form 990 for Mind & Life Institute?
Mind & Life Institute's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mindandlife.org
Learn more at the official website: www.mindandlife.org
Mission Statement of Mind & Life Institute
The Mind & Life Institute is a nonprofit organization with a mission to bridge the gap between science and contemplative wisdom, aiming to foster insight and inspire action towards flourishing. This mission is achieved by exploring the root causes and potential solutions to the growing divides in our world. The institute achieves this by conducting research, hosting events, and providing scholarships to create a diverse and inclusive environment. For instance, their 19th Annual Summer Research Institute, held in June 2022, brought together over 350 participants from 40 countries and 6 continents, offering plenaries, small group discussions, contemplative sessions, and storytelling 'pods to delve into these topics. The Mind & Life Institute also provided 115 scholarships to ensure a diverse and inclusive experience for all participants.
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Impact
July, 2024
The Mind & Life Institute plays a pivotal role in bridging science and contemplative wisdom to foster insight and inspire action toward flourishing. Through research institutes like the 19th Annual Summer Research Institute, themed "Othering, Belonging, and Becoming" in June 2022, they bring together a global community to explore the root causes of societal divides and potential solutions. By welcoming over 350 participants from 40 countries and 6 continents, including providing 115 scholarships for a more inclusive experience, the institute is actively working to create a more diverse and united world. Their impact transcends borders, contributing to the collective well-being of individuals and communities worldwide.
This information is meant to be a general summary of Mind & Life Institute. 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 2023.
- Investment Income: $224,409
- Program Service Revenue: $52,712
- Gross Receipts: $3,884,543
Assets and Liabilities:
- Total Assets: $8,595,479
- Total Liabilities: $1,764,998
- Net Assets: $6,830,481
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATIONS & FEES
Revenue
$49,450
MARKETING/PROMOTION RE
Revenue
$3,262
Organization Details
Founding Year
1991
Principal Officer
Susan Bauer-Wu
Website
www.mindandlife.orgNTEE Category
Code: P54Z - Human services
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