Mind And Life Institute
- Assets
- $10.0m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 28
- Location
- Charlottesville, VA
- Founding
- 12/1992
- Data as of
- 12/2021
- EIN
- 77-0284767
Organization Overview
Mind And Life Institute is located in Charlottesville, VA. The organization was established in 1992. As of 12/2021, Mind And Life Institute employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mind And Life Institute 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, Mind And Life Institute generated $5.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $3.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BRIDGING SCIENCE AND CONTEMPLATIVE WISDOM TO FOSTER INSIGHT AND INSPIRE ACTION TOWARD FLOURISHING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH INSTITUTES: OUR 18TH ANNUAL SUMMER RESEARCH INSTITUTE, WAS HELD IN JUNE 2021 AND WAS ENTITLED "THE MIND, THE HUMAN-EARTH CONNECTION, AND THE CLIMATE CRISIS." THE ONLINE FORMAT ALLOWED US TO WELCOME OVER 260 PARTICIPANTS FROM 30 COUNTRIES AND 6 CONTINENTS. TO MAKE THE EVENT ACCESSIBLE WE REMOVED APPLICATION FEES AND MADE SCHOLARSHIPS WIDELY AVAILABLE.
ONLINE SPEAKER SERIES: WE PILOTED THE FIRST ONLINE SPEAKER SERIES TO PROVIDE AN EXPANDED AUDIENCE WITH AN ASYNCHRONOUS, ALTERNATIVE WAY OF ACCESSING SUMMER RESEARCH INSTITUTE(SRI) CONTENT DESIGNED FOR THOSE WHO COULD NOT PARTICIPATE IN THE LIVE, IMMERSIVE EXPERIENCE OF SRI. OVER 685 PARTICIPANTS REPRESENTING 51 COUNTRIES REGISTERED FOR THE SERIES. AFTER THE EVENT, WE DEVELOPED A 10-HOUR, SELF-PACED, ONLINE COURSE FEATURING SRI RECORDINGS, REFLECTION QUESTIONS, AND A LIVE SESSION WITH A SPEAKER THAT WILL BE OFFERED IN 2022.
GRANT PROGRAMS: IN 2021, MIND & LIFE OFFERED 3 GRANT PROGRAMS, AWARDING A TOTAL OF 23 PROJECTS IN 6 COUNTRIES. THE VARELA GRANTS, NAMED FOR CO-FOUNDER FRANCISCO J. VARELA, FUND WIDE-RANGING SCHOLARLY EXAMINATIONS OF CONTEMPLATIVE TECHNIQUES, FROM NEUROSCIENCE TO ANTHROPOLOGY TO CLINICAL PSYCHOLOGY. THE PEACE GRANTS SUPPORT RESEARCH THAT PROMOTES POSITIVE CHANGE IN THE WORLD BY EXAMINING WHOLESOME MENTAL QUALITIES SUCH AS PROSOCIALITY, EMPATHY, ALTRUISM, COMPASSION, AND ETHICS (PEACE). MIND & LIFE THINK TANKS GRANTS ARE 2- TO 3-DAY INCUBATOR-TYPE MEETINGS OF A SMALL, MULTI-DISCIPLINARY AND DIVERSE GROUP OF EXPERTS, FOCUSED ON MEETING A PARTICULAR PROJECT OR PROBLEM WITHIN A CONTEMPLATIVE STUDIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Bauer-Wu President | OfficerTrustee | 40 | $240,600 |
Margaret Guggenheimer Director Of Advancement | 40 | $135,467 | |
Krista Weih Director Of Grants & Events | 40 | $121,414 | |
Wendy Hasenkamp Science Director | 40 | $108,800 | |
Ryan Stagg Director Of Digital Strategy | 40 | $100,691 | |
Thupten Jinpa Langri Chair Of Board | OfficerTrustee | 2.5 | $40,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $274,965 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,397,340 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,672,305 |
| Total Program Service Revenue | $293,218 |
| Investment income | $65,117 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $34,197 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$22,701 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,063,751 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $737,409 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $839,824 |
| Compensation of current officers, directors, key employees. | $150,297 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $924,695 |
| Pension plan accruals and contributions | $24,739 |
| Other employee benefits | $125,854 |
| Payroll taxes | $120,558 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,102 |
| Fees for services: Accounting | $46,914 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $81,185 |
| Advertising and promotion | $28,366 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $112,993 |
| Travel | $8,905 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $28,680 |
| Insurance | $9,807 |
| All other expenses | $0 |
| Total functional expenses | $3,222,964 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,109,573 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $345,968 |
| Accounts receivable, net | $52,692 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $23,094 |
| Investments—publicly traded securities | $7,491,664 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $14,358 |
| Total assets | $10,037,349 |
| Accounts payable and accrued expenses | $150,510 |
| Grants payable | $944,749 |
| Deferred revenue | $30,573 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,370,741 |
| Total liabilities | $2,496,573 |
| Net assets without donor restrictions | $5,359,748 |
| Net assets with donor restrictions | $2,181,028 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $10,037,349 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Mind And Life Institute has recieved totaling $1,161,200.
| Awarding Organization | Amount |
|---|---|
Tides Foundation San Francisco, CA PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES | $600,000 |
John E Fetzer Institute Inc Kalamazoo, MI PURPOSE: TO CO-CREATE AND IMPLEMENT THE JOY SUMMIT | $150,000 |
Kemmerer Family Foundation Chatham, NJ PURPOSE: PROMOTE WELL BEING | $100,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $53,200 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Community Development | $50,000 |
John E Fetzer Institute Inc Kalamazoo, MI PURPOSE: TO CO-CREATE AND IMPLEMENT THE JOY SUMMIT | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Center For Global Development Washington, DC | $65,777,264 | $14,319,773 |
Camber Foundation Durham, NC | $143,536,160 | $30,406,277 |
Montgomery Place Chicago, IL | $31,885,880 | $16,111,662 |
Adec Inc Bristol, IN | $35,707,130 | $22,045,756 |
Folium Inc Chambersburg, PA | $14,596,128 | $25,665,038 |
Human Resources Development Institute Inc Chicago, IL | $14,371,854 | $24,270,043 |
Montgomery Community Action Committee Montgomery, AL | $13,253,001 | $19,355,950 |
Bishop Spencer Place Inc Kansas City, MO | $31,543,334 | $13,908,229 |
The Evergreens Fort Washington, PA | $100,353,926 | $21,284,774 |
Economic Improvement Council Inc Edenton, NC | $4,246,156 | $20,948,013 |
Lakeshore Estate Inc Nashville, TN | $27,064,642 | $18,022,154 |
Sunset Retirement Communities Inc Toledo, OH | $108,190,573 | $24,563,176 |