The Mount Bachelor Ski Area was founded by former 10th Mountain Division Elite Force ski trooper Bill Healy (1925-1993) on December 19, 1958, with $75,000 (equivalent to $ today) and a one-year lease from the U.S. Forest Service for the land. The four other major stockholders were Felix Marcoulier (1917-2004), Dr. Bradford Pease (1912-2004), Oscar Murray (c. 1917-present), and Phil Gould. The founders raised $100,000 from local investors and made many important management decisions that would shape the path of Mount Bachelor and Central Oregon for decades to come.