The Mayatan Foundation owns and operates the Mayatan Bilingual School. The Foundation is a registered non-profit organization in Copán Ruinas, Honduras.
The Foundation is comprised of 16 board members, including the three mothers who founded the school. None of the board members receive a salary, with the exception of founder Nora Arita, who serves as the school's Rector. Members join by invitation and are elected internally to positions within the board. The entire board meets annually, and members involved in day-to-day operations meet at monthly Executive Direction Meetings.
Approximately 45% of Mayatan Bilingual School students receive some level of financial assistance from Mayatan Foundation. This assistance comes from donors to the Mayatan Foundation and from the Foundation itself. Tax exempt contributions from the United States reach the Mayatan Foundation scholarship program via Hope for Tomorrow, Inc., a 501(c)(3) non-profit institution.
Full annual reports can be obtained by writing to firstname.lastname@example.org. Below, we will post our annual financial statements. Please note that the currency used is Honduran Lempiras. Annual statements listing assets, liabilities, and equity are available upon request.
President, Nora Arita
Vice President, Jose Raul Welchez
Secretary, Mayra Arias de Welchez
Financial Officer, Lázaro J. Serrano Cid, CPA, MBA
Treasurer, Cathy Meyer
Juan Angel Arias
Magda Arias de Medina
Cristina de Arita
Magdalena de Arias
Lorena de Arias
Maria Eugenia Aviles de Arias
Juan Angel Welchez
Honorary Board Members