Program areas at Mentors
Mentors provides microloans, grants, scholarships and support and mentoring to people who would otherwise have no access to financial services for their business or education plans. Mentors provides education and business specific tools such as calculators and computers.
Mentors provides grants, scholarships and support/mentoring to those who would otherwise have no access to financial or mentorship services to further their education or professional development goals. Mentors has a well-constructed program through which Mentors and mentees work together from the application/nomination process through the completion of the work plan. Mentors foundation staff and the Mentors maintain consistent, direct involvement with the mentees throughout the funded period. Both the Mentors and the mentees have program requirements that involve consistent contact, support, as well as reporting requirements to the Mentors executive director in order to ensure accountability and adherence to the program. Mentors foundation is a partnership with shared responsibilities between the mentee, the mentor, and the foundation.
Refund of prior year grant related to exempt educational purposes
Grants made by Mentors
| Grantee | Grant description | Grant year | Amount |
|---|
| Capitol Humane Society | Three $7000 Internships | 2023-12 | $21,000 |
| The Sewing Labs | 10 Entreprenuarship Program Scholarships | 2023-12 | $5,000 |
| Green Our Planet | Green Our Planet Hydroponic School Program in Druham, NC for 600 Students Green Our Planet Hydroponic School Program in Durham, NC for 600 Students | 2023-12 | $2,000 |
| ...and 1 more grant made |
Personnel at Mentors
| Name | Title | Compensation | Date of data |
|---|
| Marilyn Mecham | Executive Director | $111,083 | 2022-12-31 |
| Rachel Wendel | Assistant | $67,120 | 2022-12-31 |
| Michael Whitesage | President | $0 | 2023-03-28 |
Financials for Mentors
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Investment income and dividends | $190,722 | $128,609 | 48.3% |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-923,495 | $205,821 | -548.7% |
| Gross sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $12,607 | $0 | 999% |
| Total revenues | $-720,166 | $334,430 | -315.3% |
Data update history
July 20, 2024
Posted financials
Added Form 990PF for fiscal year 2023
March 11, 2024
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
May 19, 2023
Updated personnel
Identified 1 new personnel
October 31, 2021
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
EducationHuman servicesChildrenCommunity improvementBusiness and industry
Characteristics
Provides grantsPartially liquidatedCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
- Address
- 774-10 May Blvd 393
- Incline Village, NV 89451
- Metro area
- Reno, NV
- County
- Washoe County, NV
- Website URL
- mentorsfound.com/
- Phone
- (505) 400-7032
IRS details
- EIN
- 46-1308435
- Fiscal year end
- December
- Taxreturn type
- Form 990-PF
- Year formed
- 2012
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- T20: Private Foundations
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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