Mather Foundation

Organization Overview

Mather Foundation is located in Evanston, IL. The organization was established in 2004. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mather Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Mather Foundation generated $59.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $64.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MATHER FOUNDATION SERVES AS THE PARENT ENTITY FOR MATHER ORGANIZATIONS (CONTINUED ON SCHEDULE O)TO HOLD, INVEST AND PRESERVE FUNDS, AND APPLY THEM FOR THE CHARITABLE MISSION OF CREATING WAYS TO AGE WELL.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MATHER FOUNDATION SERVES AS THE PARENT ENTITY FOR THE MATHER ORGANIZATIONS TO HOLD, INVEST AND PRESERVE FUNDS, WHICH ALLOWS THE ORGANIZATIONS TO PROVIDE HOUSING, HEALTH CARE, COMMUNITY PROGRAMS, RESEARCH AND EDUCATION AND OTHER SERVICES THAT ENHANCE THE LIVES OF OLDER ADULTS BY CREATING WAYS TO AGE WELL.


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Board, Officers & Key Employees

Name (title)Compensation
Mary G Leary
President & CEO
$0
John R Phillips
Chairman
$0
Graham W Atkinson
Director
$0
Timothy L Burke
Director
$0
Gloria Castillo
Director
$0
Jenny Chan
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Silchester
Fund Manager
$337,047
Mercer Investment Management
Invest Consultant
$324,439
William Blair & Company
Fund Manager
$123,699
Aristotle Capital Management Llc
Fund Manager
$214,415
Northern Trust
Investment Manager
$213,847
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$11,511,460
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$11,511,460
Total Program Service Revenue$0
Investment income $6,633,588
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $41,721,309
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $59,866,357

Peer Organizations

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$83,100,377
Mather Foundation
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$59,866,357
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