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.