MBM12: The Nearest Known Star-Forming Cloud Thomas Hearty Jet Propulsion Laboratory At a distance of ~ 60 pc the MBM12 (L1453-L1454, L1457, L1458) is the nearest known star forming cloud to the Sun and as such offers the best opportunity to study the star formation process at very high sensitivity and spatial resolution. I will review efforts to determine a more accurate distance to the cloud. In addition, given the estimated age of the stars in the cloud (< 10 Myr), MBM12 appears to be similar other nearby associations of young stars like the TW Hydrae Association and the Eta Chamaeleontis Cluster. However, since the stars in MBM12 are still associated with their parent molecular cloud and there is evidence for disks around 6 of the 8 currently known T Tauri stars, MBM12 is probably at an earlier evolutionary stage. Thus, MBM12 may explain the origin of these other associations. Therefore, I will discuss recent observations of the T Tauri stars in the cloud at X-ray, Optical, and Infrared wavelengths as well as future prospects.