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Mr. Holland's Opus Foundation
The Mr. Holland's Opus Foundation is a 501(c)(3) organization established in 1996 by Michael Kamen (1948-2003), the composer for the motion picture ''Mr. Holland's Opus''. It is headquartered in Studio City, Los Angeles. According to the Foundation's website, "MHOF donates musical instruments to music programs where students have access to a music curriculum but lack the resources and support base to adequately keep up with equipment loss due to attrition, depreciation and wear over time. An infusion of instruments and repairs enables more students to participate and experience a quality music education." The stated goal of MHOF is to "help children achieve their greatest potential and to close the gap that exists in underserved communities." 2007 revenue was $2.8 million, of which 12 percent came from corporate donations, 27 percent from other foundations, and 10 percent from individual contributors. In 2007, more than 91 percent ($2.5 million) of MHOF's revenue was used to fund m ...
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501(c)(3) Organization
A 501(c)(3) organization is a United States corporation, Trust (business), trust, unincorporated association or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code. It is one of the 29 types of 501(c) organization, 501(c) nonprofit organizations in the US. 501(c)(3) tax-exemptions apply to entities that are organized and operated exclusively for religion, religious, Charitable organization, charitable, science, scientific, literature, literary or educational purposes, for Public security#Organizations, testing for public safety, to foster national or international amateur sports competition, or for the prevention of Child abuse, cruelty to children or Cruelty to animals, animals. 501(c)(3) exemption applies also for any non-incorporated Community Chest (organization), community chest, fund, Cooperating Associations, cooperating association or foundation organized and operated exclusively for those purposes.
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Michael Kamen
Michael Arnold Kamen (April 15, 1948 – November 18, 2003) was an American composer (especially of film scores), orchestral arranger, orchestral conductor, songwriter, and session musician. Biography Early life Michael Arnold Kamen was born in New York City, the second of four sons. His father, Saul Kamen, was a dentist, and his mother, Helen, was a teacher. He was of Jewish heritage. While attending the High School of Music & Art in New York City, Kamen became friends with Martin Fulterman (later known as Mark Snow), who composed the theme music for ''The X-Files'', among other projects. While studying the oboe, Kamen formed a rock- classical fusion band called New York Rock & Roll Ensemble, together with classmates Fulterman and Dorian Rudnytsky, along with Clifton Nivison and Brian Corrigan of Toms River, New Jersey. The group released five albums from 1968 to 1972 (''Self-Titled'', ''Reflections'', ''Faithful Friends'', ''Roll Over'' & ''Freedomburger''). The group performe ...
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Studio City, Los Angeles
Studio City is a neighborhood in the city of Los Angeles, California, in the southeast San Fernando Valley, just west of the Cahuenga Pass. It is named after the studio lot that was established in the area by film producer Mack Sennett in 1927, now known as Radford Studio Center. History Originally known as Laurelwood, the area that Studio City occupies was formerly part of Rancho Ex-Mission San Fernando. Rancho Ex-Mission San Fernando was a Mexican land grant in present-day Los Angeles County, California, granted in 1846 by Governor Pío Pico to Eulogio F. de Celis. This land changed hands several times during the late 19th century, and was eventually owned by James Boon Lankershim (1850–1931), and eight other developers, who organized the Lankershim Ranch Land and Water Company. In 1899, however, the area lost most water rights to Los Angeles, so subdivision and sale of land for farming became untenable. Construction of the Los Angeles Aqueduct began in 1908, and water ...
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Musical Instrument
A musical instrument is a device created or adapted to make musical sounds. In principle, any object that produces sound can be considered a musical instrument—it is through purpose that the object becomes a musical instrument. A person who plays a musical instrument is known as an instrumentalist. The history of musical instruments dates to the beginnings of human culture. Early musical instruments may have been used for rituals, such as a horn to signal success on the hunt, or a drum in a religious ceremony. Cultures eventually developed composition and performance of melodies for entertainment. Musical instruments evolved in step with changing applications and technologies. The date and origin of the first device considered a musical instrument is disputed. The oldest object that some scholars refer to as a musical instrument, a simple flute, dates back as far as 50,000 - 60,000 years. Some consensus dates early flutes to about 40,000 years ago. However, most historians be ...
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Wear
Wear is the damaging, gradual removal or deformation of material at solid surfaces. Causes of wear can be mechanical (e.g., erosion) or chemical (e.g., corrosion). The study of wear and related processes is referred to as tribology. Wear in machine elements, together with other processes such as fatigue and creep, causes functional surfaces to degrade, eventually leading to material failure or loss of functionality. Thus, wear has large economic relevance as first outlined in the Jost Report. Abrasive wear alone has been estimated to cost 1-4% of the gross national product of industrialized nations. Wear of metals occurs by plastic displacement of surface and near-surface material and by detachment of particles that form wear debris. The particle size may vary from millimeters to nanometers. This process may occur by contact with other metals, nonmetallic solids, flowing liquids, solid particles or liquid droplets entrained in flowing gasses. The wear rate is affected by f ...
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Depreciation
In accountancy, depreciation is a term that refers to two aspects of the same concept: first, the actual decrease of fair value of an asset, such as the decrease in value of factory equipment each year as it is used and wear, and second, the allocation in accounting statements of the original cost of the assets to periods in which the assets are used (depreciation with the matching principle). Depreciation is thus the decrease in the value of assets and the method used to reallocate, or "write down" the cost of a tangible asset (such as equipment) over its useful life span. Businesses depreciate long-term assets for both accounting and tax purposes. The decrease in value of the asset affects the balance sheet of a business or entity, and the method of depreciating the asset, accounting-wise, affects the net income, and thus the income statement that they report. Generally, the cost is allocated as depreciation expense among the periods in which the asset is expected to be used. ...
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Fundraising
Fundraising or fund-raising is the process of seeking and gathering voluntary financial contributions by engaging individuals, businesses, charitable foundations, or governmental agencies. Although fundraising typically refers to efforts to gather money for non-profit organizations, it is sometimes used to refer to the identification and solicitation of investors or other sources of capital for-profit enterprises. Traditionally, fundraising has consisted mostly of asking for donations through face-to-face fundraising, such as door-knocking. In recent years, though, new forms such as online fundraising or reformed version of grassroots fundraising have emerged. Organizations Fundraising is a significant way that non-profit organizations may obtain the money for their operations. These operations can involve a very broad array of concerns such as religious or philanthropic groups such as research organizations, public broadcasters, political campaigns and environmental issues. ...
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Charity Navigator
Charity Navigator is a charity assessment organization that evaluates hundreds of thousands of charitable organizations based in the United States, operating as a free 501(c)(3) organization. It provides insights into a nonprofit’s financial stability, adherence to best practices for both accountability and transparency, and results reporting. It is the largest and most-utilized evaluator of charities in the United States. It does not accept any advertising or donations from the organizations it evaluates. History Charity Navigator was launched in spring 2001 by John P. (Pat) Dugan, a pharmaceutical executive and philanthropist. The group's mission was to help "donors make informed giving decisions and enabling well-run charities to demonstrate their commitment to proper stewardship" of donor dollars. Over the years, the group grew from 1,100 to over 200,000 charities.Benz, Christine (17 November 2021)"Which Charities Deserve Your Dollars" ''Morningstar''. As of 2009, four per ...
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Eddie Van Halen
Edward Lodewijk Van Halen ( , ; January 26, 1955 – October 6, 2020) was an American musician and songwriter. He was the guitarist, keyboardist, backing vocalist, and primary songwriter of the rock band Van Halen, which he co-founded alongside his brother Alex Van Halen in 1972. Van Halen is often regarded as one of the greatest guitar players in rock history, and was well known for popularizing the tapping guitar technique, allowing rapid arpeggios to be played with two hands on the fretboard. Early life Edward Lodewijk Van Halen was born in Amsterdam on January 26, 1955, the son of Jan van Halen and Eugenia (née van Beers). His father was a Dutch jazz pianist, clarinettist, and saxophonist, while his mother was an Indo (Eurasian) woman from Rangkasbitung on the island of Java in the Dutch East Indies. The family eventually settled in Nijmegen, Netherlands. After experiencing mistreatment for their mixed-race relationship in the 1950s, the parents moved the family t ...
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1996 Establishments In California
File:1996 Events Collage.png, From left, clockwise: A bomb explodes at Centennial Olympic Park in Atlanta, set off by a radical anti-abortionist; The center fuel tank explodes on TWA Flight 800, causing the plane to crash and killing everyone on board; Eight people die in a blizzard on Mount Everest; Dolly the Sheep becomes the first mammal to have been cloned from an adult somatic cell; The Port Arthur Massacre occurs on Tasmania, and leads to major changes in Australia's gun laws; Macarena, sung by Los del Río and remixed by The Bayside Boys, becomes a major dance craze and cultural phenomenon; Ethiopian Airlines Flight 961 crash-ditches off of the Comoros Islands after the plane was hijacked; the 1996 Summer Olympics are held in Atlanta, marking the Centennial (100th Anniversary) of the modern Olympic Games., 300x300px, thumb rect 0 0 200 200 Centennial Olympic Park bombing rect 200 0 400 200 TWA FLight 800 rect 400 0 600 200 1996 Mount Everest disaster rect 0 200 30 ...
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501(c)(3) Organizations
A 501(c)(3) organization is a United States corporation, trust, unincorporated association or other type of organization exempt from federal income tax under section 501(c)(3) of Title 26 of the United States Code. It is one of the 29 types of 501(c) nonprofit organizations in the US. 501(c)(3) tax-exemptions apply to entities that are organized and operated exclusively for religious, charitable, scientific, literary or educational purposes, for testing for public safety, to foster national or international amateur sports competition, or for the prevention of cruelty to children or animals. 501(c)(3) exemption applies also for any non-incorporated community chest, fund, cooperating association or foundation organized and operated exclusively for those purposes.IRS ...
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Charities Based In California
A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, religious or other activities serving the public interest or common good). The legal definition of a charitable organization (and of charity) varies between countries and in some instances regions of the country. The regulation, the tax treatment, and the way in which charity law affects charitable organizations also vary. Charitable organizations may not use any of their funds to profit individual persons or entities. (However, some charitable organizations have come under scrutiny for spending a disproportionate amount of their income to pay the salaries of their leadership). Financial figures (e.g. tax refund, revenue from fundraising, revenue from sale of goods and services or revenue from investment) are indicators to assess the financial sustainability of a charity, especially to charity evaluators. This information can impact a chari ...
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