Mary Christie Foundation Inc
- Assets
- $119.9k
- Revenue
- $581.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, MA
- Founding
- 08/2007
- Data as of
- 12/2023
- EIN
- 20-4944042
Organization Overview
Mary Christie Foundation Inc is located in Lexington, MA. The organization was established in 2007. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mary Christie Foundation Inc 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 12/2023, Mary Christie Foundation Inc generated $581.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $834.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEARNING WELL MAGAZINE - THE MCI IN COLLABORATION WITH ASSOCIATION OF AMERICAN COLLEGES AND UNIVERSITIES D/B/A AMERICAN ASSOCIATION OF COLLEGES AND UNIVERSITIES ("AAC&U"), PRODUCED THE LEARNINGWELL MAGAZINE THAT FOCUSES THE AREAS OF HEALTH CARE, GENERALLY, AND IN CONNECTION WITH HIGHER EDUCATION, SPECIFICALLY; TO PROMOTE COLLABORATION AND ACHIEVE GREATER SYNERGY IN OVERCOMING STRUCTURAL BARRIERS TO SOLVING HEALTH CARE PROBLEMS IN HIGHER EDUCATION IN THE UNITED STATES AND GLOBALLY.
THE QUADCAST - EXECUTIVE DIRECTOR MARJORIE MALPIEDE AND ASSOCIATE DIRECTOR DANA HUMPHREY HOSTED MCI'S PODCAST, THE QUADCAST, INTERVIEWING MORE THAN 20 LEADERS AND EXPERTS IN MENTAL HEALTH AND HIGHER EDUCATION. SOME FEATURED GUESTS WERE ARCHIE HOLMES, EXECUTIVE VICE CHANCELLOR OF THE UNIVERSITY OF TEXAS SYSTEM, AS WELL AS STUDENT RESEARCHERS PASSIONATE ABOUT THE MENTAL HEALTH OF GRADUATE STUDENTS, HIGH SCHOOLERS, AND STUDENTS OF COLOR. IN A SPECIAL SERIES, 17-YEAR-OLD CARSON DOMEY, A SEASONED YOUTH MENTAL HEALTH ADVOCATE, GUEST HOSTED, SPEAKING WITH GUESTS INCLUDING STATE REPRESENTATIVE JACK LEWIS AND HIS OWN HIGH SCHOOL HEADMASTER ON STUDENT MENTAL HEALTH NEEDS.
PRESIDENTS' CONVENING - MCI HOSTED ITS 4TH ANNUAL CONVENING OF COLLEGE PRESIDENTS IN WASHINGTON D.C., THIS TIME IN PARTNERSHIP WITH BOTH GEORGETOWN UNIVERSITY AND HOWARD UNIVERSITY. FOR TWO DAYS, AROUND 20 COLLEGE PRESIDENTS, IN ADDITION TO DOZENS OF OTHER HIGHER EDUCATION ADMINISTRATORS AND EXPERTS, GATHERED TO EXPLORE THE LATEST INFORMATION AND INNOVATIONS IN STUDENT MENTAL HEALTH AND WELLBEING. FEATURE PRESENTATIONS FOCUSED ON THE IMPORTANCE OF UNDERSTANDING STUDENT PROFILES FOR TARGETED MENTAL HEALTH SUPPORT, PROMOTING CAMPUS CULTURES OF MENTAL HEALTH AND WELLBEING, AND PREPARING STUDENTS FOR THEIR FUTURES.
MCFEED - THE MCFEED PROVIDES SUBSCRIBERS WITH A WEEKLY DOSE OF NEWS FROM THE MENTAL HEALTH AND HIGHER EDUCATION WORLDS, FOCUSING ON THEMES LIKE DIVERSITY, EQUITY AND INCLUSION, STUDENT SUCCESS, BASIC NEEDS, AND MORE. THIS YEAR, "STUDENT BUZZ" BECAME THE MCFEED'S NEWEST SUBTOPIC, COVERING RECENT ARTICLES ON MENTAL HEALTH FROM COLLEGE STUDENT NEWSPAPERS ACROSS THE COUNTRY. THE TOP OF THE FEED ALSO DEBUTS THE LATEST MCI CONTENT, FROM QUADCAST EPISODES TO QUARTERLY ARTICLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zoe Ragouzeos See Footnote President | 20 | $41,667 | |
Mary Jane England Vice Chairman | 10 | $0 | |
Marjorie A Malpiede See Footnote Clerk | 40 | $242,626 | |
Teresa Fulmer Director | 10 | $0 | |
Lisa Kelly Croswell Director | 10 | $0 | |
Sarah Ketchen Lipson Director | 10 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
John Sexton | 12/30/16 | $150,000 |
Susan Windham Bannister | 12/30/16 | $81,250 |
Terry Fulmer | 12/30/16 | $75,000 |
Paula Johnson | 12/30/16 | $58,333 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $546,671 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $35,000 |
| Total Revenue | $581,671 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $423,400 |
| Other employee salaries and wages | $152,038 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $239,130 |
| Total operating and administrative expenses | $834,730 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $834,730 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119,883 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $119,883 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $60,888 |
| Total liabilities | $60,888 |
Grants Awarded
Over the last fiscal year, Mary Christie Foundation Inc has awarded $93,930 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HAZLEDEN BETTY FORD FOUNDATION PURPOSE: SUBSTANCE ABUSE TREATMENTSUBSTANCE ABUSE TREATMENTSUBSTANCE ABUSE TREATMENT | $71,430 |
PROJECT LETS PURPOSE: MENTAL HEALTH ADVOCACY | $5,000 |
NEW ENGLAND PATRIOTS CHARITABLE FOUNDATION PURPOSE: CHARITABLE FOUNDATION | $15,000 |
SHAQUIL KEELS PURPOSE: AWARD BASED ON CONTRIBUTION TO FIELD OF STUDENT HEALTH AND WELLNESS | $2,500 |