Educational Institutions

MUSICIANS FOUNDATION

  • Hollywood, CA
  • www.themusiciansfoundation.org

Mission Statement

The mission of The Musicians Foundation is to support (contemporary) music students in the Los Angeles area who exhibit talent and/or are financially challenged to help them achieve their educational goals at the college level. The foundation engages in (and sponsors) the creation, development, administration and funding of post-secondary music education scholarships as well as fostering relationships, building partnerships, expanding public awareness, and providing educational opportunities in support of post-secondary music education.

We strive to inspire investment in education and achieve annual goals of renewable and sustainable funding. Through personal outreach and public advocacy, we seek to build awareness, create alliances and inspire action in support of music education.

Main Programs

  1. Scholarships for MI Students
  2. Partnerships with local non-profits

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Service Areas

Self-reported

International

We provide scholarship opportunities for domestic and international music students.

ruling year

2004

Principal Officer

Self-reported

Beth Marlis

Board Chairman since 2012

Self-reported

Dan Kimpel

Keywords

Self-reported

Music Scholarships

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Also Known As

The Musicians Foundation

EIN

20-1799730

 Number

2363789065

Contact

Cause Area (NTEE Code)

Scholarships, Student Financial Aid, Awards (B82)

IRS Filing Requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Programs + Results

How does this organization make a difference?

Overview

Self-reported by organization

The Musicians Foundation seeks to expand it's support for student scholarships by raising over $150,000 in funds for awards in 2017 via grants and and donations.  

Total music college scholarships awarded in 2016: $131,550 (41 awards)
Total music college scholarships awarded in 2015: $53,6950 (63 awards)

The need for such scholarships to supports arts and music education is ever-increasing; and the foundation
recognizes the importance of supporting such students pursuit of professional music studies, and the attainment of training to facilitate careers in the music and entertainment industries as the next generation of performing artists, song-writers, producers, engineers and music business entrepreneurs.

Current non-profit partners include: The Grammy Museum, The Harmony Project,  Little Kids Rock, Notes for Notes, The Recording Academy (Grammy U and GMEC),

Programs

Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Program 1

Scholarships for MI Students

Scholarships for post-secondary music student education.

Category

Population(s) Served

Adults

Children and Youth (infants - 19 years.)

Budget

70,000

Program 2

Partnerships with local non-profits

We have offered in-kind services to The Grammy Museum, The Jazz Bakery, Hollywood Arts, and are currently developing programs for Little Kids Rock, Guitars not Guns, and The Harmony Project, and others.  We donate our facilities, and teaching staff.

Category

Population(s) Served

General Public/Unspecified

Budget

$0.00

Charting Impact

Self-reported by organization

Five powerful questions that require reflection about what really matters - results.

  1. What is the organization aiming to accomplish?
    The mission of The Musicians Foundation is to support contemporary music students in the Los Angeles area who exhibit talent and/or are financially challenged to help them achieve their educational goals at the college level. The foundation engages in (and sponsors) the creation, development, administration and funding of post-secondary music education scholarships as well as fostering relationships, building partnerships, expanding public awareness, and providing educational opportunities in support of post-secondary music education.

    VISIT OUR BLOG: https://musiciansfoundation.wordpress.com

    Helping Los Angeles…We award between $75-$100,000 in music college scholarships every year.

    Music education MATTERS!
  2. What are the organization's key strategies for making this happen?
    We have a stellar board of directors and raise funds thru direct donations as well as (occasional) fund-raising events. We will be expanding our board in 2017, and institute a major fundraiser by year's end.
  3. What are the organization's capabilities for doing this?
    We are a very small organization; and must rely on the networking skills of our volunteer Executive Director, and board at this time. We may also hire a short term development director in the future TBD.
  4. How will they know if they are making progress?
    Clearly, raising more funds for more scholarships (we are a 100% pass-thru; as all monies go directly to our scholarships and programs) is the measure of our success.
  5. What have and haven't they accomplished so far?
    We have awarded nearly $500,000 in music scholarships since 2004. We award approx. 45-50 scholarships annually at approx. $75-100,000 in awarded value.

    We have not accomplished/received any larger donations or grants beyond the threshold of $25,000.
    Strategically, it's important that we diversify our donor base, expand our board and raise over $150,000 annually for next three years.

    Eventually, we would like to establish an endowment fund.
Service Areas

Self-reported

International

We provide scholarship opportunities for domestic and international music students.

Social Media

Blog

Funding Needs

We seek to increase funds available for music students who are increasingly encountering difficulty in starting or completing their education. Funding needs for 2017:  $125,000  We have raised nearly $500,000 since Dec. 2004.

Accreditations

National Association of Schools of Music - Accreditation

Affiliations + Memberships

Chamber of Commerce

National Recording Academy of Arts and Sciences (NARAS)

photos



External Reviews

Source: greatnonprofits.org

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Financials

Financial information is an important part of gauging the short- and long-term health of the organization.

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Operations

The people, governance practices, and partners that make the organization tick.

MUSICIANS FOUNDATION

Leadership

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Principal Officer

Beth Marlis

Board Chairman

Dan Kimpel

BIO

Please see: 
http://www.linkedin.com/pub/beth-marlis/1/619/16

STATEMENT FROM THE Principal Officer

"We are excited to be uniquely positioned in our alliance with Musicians Institute to provide Higher Education music industry and performance scholarship opportunities to outstanding (but financially challenged) students.
In this era of budget cutbacks, music program fund cuts, and economic hardship for many students and their families; we remain dedicated to increasing the support we provide.  Each year, many students with equally outstanding potential face significant financial obstacles that threaten to prevent them from reaching their educational goals.  The Musicians Foundation is honored to play a role in fostering education, art, music and culture for current and future generations to come.
 
The Musicians Foundation raises funds from private, community and institutional donors in support of the Musicians Institute (MI) Scholarship fund. To achieve this goal, the Foundation is focused on fostering relationships, building partnerships, and expanding public awareness of the benefits of music education.Through relationships with alumni, industry leaders, government representatives and the community at large, we strive to inspire investment in education and achieve annual goals of renewable and sustainable funding. Through personal outreach and public advocacy, we seek to build awareness, create alliances and inspire action in support of music education"

Governance

BOARD CHAIR

Dan Kimpel

Musicians Institute

Term: Nov 2010 - Nov 2011

BOARD LEADERSHIP PRACTICES

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section, which enables organizations and donors to transparently share information about essential board leadership practices. Self-reported by organization


RESPONSE NOT PROVIDED

BOARD ORIENTATION & EDUCATION

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?


RESPONSE NOT PROVIDED

CEO OVERSIGHT

Has the board conducted a formal, written assessment of the chief executive within the past year?


RESPONSE NOT PROVIDED

ETHICS & TRANSPARENCY

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year?


RESPONSE NOT PROVIDED

BOARD COMPOSITION

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?


RESPONSE NOT PROVIDED

BOARD PERFORMANCE

Has the board conducted a formal, written self-assessment of its performance within the past three years?