Terms and Conditions

786 Endowment Fund, Inc., a nonprofit corporation exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code, EIN 88-0562494, with its principal address at 382 NE 191st St, Suite 34452, Miami, FL 33179, United States. It operates MOB Fellows. Referred to here as “we” or “the Fellowship”.

mobfellows.org and everything on it.

The fifteen-month MOB Fellowship: Board Preparation, the two convenings, the assessment, and the Search Year.

A person admitted to a class of the Program.

The title MOB Fellow, conferred on completion of the Program and a passing assessment.

Anyone using the Site, applying, or participating. You confirm you are over eighteen.

$15,000 for the founding classes, covering Board Preparation, both convenings, the assessment, mentoring, the forum, and the Search Year. It does not cover travel or accommodation for the convenings.

Due in full before the class convenes, unless a payment plan has been agreed in writing. A place is not held until tuition or an agreed first instalment is received.

Where an employer pays, the fellow remains personally liable for the tuition if the employer does not.

Withdrawal more than 30 days before the class convenes: full refund of tuition, less a $500 administrative charge. Withdrawal within 30 days: 50% of tuition refunded. Withdrawal after the class convenes: no refund. The application fee is never refunded.

A fellow may defer once, to the next class, for a documented medical, family, or professional reason. Tuition transfers. A second deferral is treated as a withdrawal.

Assessed separately from admission, by a committee that does not see the admissions file, and admission is decided without sight of funding path. Scholarships are funded by charitable contributions and awarded in furtherance of the Fellowship’s exempt educational purpose.

Tuition is a fee for educational services and is not a charitable contribution. It is not tax-deductible as a gift, though it may be deductible as a business expense — that is a question for your own advisor, not for us. Gifts made to the Fellowship over and above tuition, including gifts that fund scholarships, may be deductible to the extent allowed by law.

Publication of a directory profile requires your consent, and you approve the text first. You may withdraw at any time.

Never published. Released to a board or search firm only with your consent, for a named search.

A slate is a good-faith recommendation, not a warranty. Boards and search firms remain responsible for their own diligence, and we accept no liability for an appointment made, or not made, on the strength of a slate.

A fellow is responsible for the accuracy of their own profile and must tell us when it changes.

To the fullest extent permitted by law, our total liability arising out of the Program or the Site is limited to the tuition you actually paid. We are not liable for indirect or consequential loss, including lost profits, lost opportunity, lost board appointments, or reputational harm. Some jurisdictions do not permit these limits, in which case they apply to the greatest extent allowed.

You will indemnify us against claims arising from your misrepresentation, your breach of these terms, or your conduct in a boardroom to which we introduced you.

The laws of the State of Florida, without regard to conflict of law rules.

Talk to us first, in writing, and we will try to resolve it. If that fails, the courts of Miami-Dade County, Florida have exclusive jurisdiction, and both parties submit to it.

If any provision is unenforceable, the rest stands.

We may change these terms. Material changes take effect thirty days after posting, and we will write to current fellows and applicants rather than rely on them re-reading this page. The terms in force when a fellow is admitted govern that fellow’s tuition, refund rights, and Designation, and are not changed retroactively.