Overview
What is Munger Tolles & Olson Foundation?
The Munger Tolles & Olson Foundation is a philanthropic organization situated in Los Angeles, California. It primarily focuses on making donations to organizations that fall under Section 501(C)(3) and 170(C) of the Internal Revenue Code of 1986, as amended. This means it supports nonprofit organizations that are dedicated to various causes, as per the guidelines set by the Internal Revenue Service. The foundation's mission is to contribute financially to these organizations, thereby empowering them to carry out their charitable activities. Its headquarters is located at 350 South Grand Avenue, 50th Floor.
Is Munger Tolles & Olson Foundation legitimate?
Munger Tolles & Olson Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Munger Tolles & Olson Foundation 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:
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What is the mission statement of Munger Tolles & Olson Foundation?
The Munger Tolles & Olson Foundation's primary mission involves making donations to organizations that fall under sections 501(C)(3) and 170(C) of the Internal Revenue Code. In simpler terms, this foundation focuses on providing financial support to non-profit organizations that are tax-exempt in the United States. This philanthropic endeavor aims to contribute to various social causes and initiatives, thereby making a positive impact on society.
What is the revenue of Munger Tolles & Olson Foundation?
Munger Tolles & Olson Foundation's revenue in 2023 was $1,839,229.
Who are the executives of Munger Tolles & Olson Foundation and what are their salaries?
There 19 volunteers at Munger Tolles & Olson Foundation.
Here are 14 key members and their salaries:
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Where can I find the form 990 for Munger Tolles & Olson Foundation?
Munger Tolles & Olson Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Munger Tolles & Olson Foundation
The Munger Tolles & Olson Foundation is committed to making donations to organizations that fall under sections 501(C)(3) and 170(C) of the Internal Revenue Code. In simpler terms, this foundation dedicates its resources to supporting non-profit organizations that meet specific criteria as outlined in these sections of the tax code. The mission of the Munger Tolles & Olson Foundation is to contribute financially to these qualified non-profit organizations, thereby aiding their operations and furthering their causes. This philanthropic endeavor aligns with the foundation's vision of leveraging its financial resources to make a positive impact in various communities and sectors.
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Impact
October, 2024
The Munger Tolles & Olson Foundation significantly impacts various sectors by providing financial support to organizations recognized under sections 501(c)(3) and 170(c) of the Internal Revenue Code. This foundation's charitable donations bolster efforts in education, arts, social justice, and community development, fostering growth and innovation in these crucial areas. By strategically allocating resources, the foundation enhances the capacity of recipient organizations to address pressing societal issues, ultimately contributing to the betterment of communities in Los Angeles and beyond. Its commitment to philanthropy enables transformative initiatives that empower individuals and strengthen institutions, reinforcing a culture of giving and support.
This information is meant to be a general summary of Munger Tolles & Olson Foundation. 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: $20,688
- Gross Receipts: $2,193,039
Assets and Liabilities:
- Total Assets: $2,460,462
- Total Liabilities: $0
- Net Assets: $2,460,462
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Organization Details
Founding Year
1982
Principal Officer
Kathleen Mcdowell
NTEE Category
Code: T22Z - Philanthropy
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