Overview
What is Vermont Bar Foundation?
The Vermont Bar Foundation is a nonprofit organization situated in Montpelier, Vermont. Its primary mission is to distribute funds to eligible non-profit organizations, primarily Vermont Legal Aid, that offer legal services to disadvantaged individuals. This foundation also focuses on public education related to the courts and legal matters, aiming to promote understanding and accessibility in these areas. With a small team of two dedicated individuals, the Vermont Bar Foundation plays a crucial role in ensuring that indigent clients in Vermont have access to essential legal services.
Official website here: www.vtbarfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)
The Vermont Bar Foundation has achieved a Three-Star rating from Charity Navigator, indicating a solid level of financial health and accountability. With an overall score of 80%, the foundation demonstrates a strong commitment to governance, as evidenced by its perfect scores in independent board members, board size, and material diversion of assets. These factors contribute to its reputation for transparency and responsible management.
Strengths of the organization include its effective conflict of interest policy, comprehensive documentation of board meeting minutes, and strong ratios regarding liabilities, program expenses, and working capital. These elements reflect a well-managed organization that prioritizes ethical standards and financial stability. The foundation's ability to maintain a majority independent board also enhances its credibility.
However, the foundation's fundraising efficiency ratio is notably low, which may indicate challenges in fundraising relative to expenses. While this does not diminish its overall effectiveness, it suggests there might be room for improvement in optimizing fundraising strategies to enhance sustainability and program impact.
This AI summary has been generated from information found on Charity Navigator.
Is Vermont Bar Foundation legitimate?
Vermont Bar Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermont Bar Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $69,425
For more financial information, click here
Official website here: www.vtbarfoundation.org
What is the mission statement of Vermont Bar Foundation?
The Vermont Bar Foundation's mission is centered around distributing funds to selected non-profit organizations. These organizations provide crucial legal services to disadvantaged individuals and contribute to public education related to courts and legal matters. The primary objective of the foundation is to support these organizations financially, enabling them to offer legal aid to indigent clients in Vermont. This mission also includes promoting public education on legal matters, contributing to a more informed and equitable society.
Official website here: www.vtbarfoundation.org
What is the revenue of Vermont Bar Foundation?
Vermont Bar Foundation's revenue in 2024 was $2,706,364.
Official website here: www.vtbarfoundation.org
Who are the executives of Vermont Bar Foundation and what are their salaries?
The average compensation at Vermont Bar Foundation during 2024 was $69,425. There is 1 employee at Vermont Bar Foundation.
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Official website here: www.vtbarfoundation.org
Where can I find the form 990 for Vermont Bar Foundation?
Vermont Bar Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.vtbarfoundation.org
Learn more at the official website: www.vtbarfoundation.org
Mission Statement of Vermont Bar Foundation
The Vermont Bar Foundation is a dedicated organization that works towards distributing funds to select non-profit entities. Its primary mission is to support organizations providing legal services to disadvantaged individuals and contribute to public education regarding courts and legal matters. By granting monies to organizations such as Vermont Legal Aid, the Foundation enables these entities to offer legal assistance to indigent clients, ensuring that justice is not solely reserved for those who can afford it. The Vermont Bar Foundation plays a crucial role in advocating for equal access to legal services, thereby promoting a fair and just legal system for all members of society.
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Impact
July, 2024
The Vermont Bar Foundation's impact is significant in providing vital legal services to disadvantaged individuals in Vermont. By distributing funds to selected nonprofit organizations such as Vermont Legal Aid, the foundation ensures that those in need have access to essential legal assistance. Additionally, their support for public education relating to the courts and legal matters helps raise awareness and promote understanding of the legal system within the community. Through these efforts, the Vermont Bar Foundation plays a crucial role in addressing legal issues facing the disadvantaged population and promoting justice in the state.
This information is meant to be a general summary of Vermont Bar Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $46,239
- Gross Receipts: $2,706,364
Assets and Liabilities:
- Total Assets: $3,153,408
- Total Liabilities: $5,831
- Net Assets: $3,147,577
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Organization Details
Founding Year
1982
Principal Officer
Amelia Darrow Esq
Website
www.vtbarfoundation.orgNTEE Category
Code: I800 - Crime
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