Overview
What is Vitalant Foundation?
The Vitalant Foundation, previously known as the Blood Science Foundation, is a charitable organization based in Pittsburgh, Pennsylvania. Its primary role is to manage and allocate donations, aiming to support Vitalant's mission. Vitalant is an organization dedicated to uniting blood and biologics donors, talent, and innovation to save and improve lives. The Vitalant Foundation played a crucial part in funding a study during a specified period, investing a substantial amount of $669,685. This nonprofit organization continues to secure and manage charitable contributions, contributing significantly to Vitalant's mission.
Official website here: www.vitalant.org/support-us/vitalant-foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Vitalant Foundation has received a Three-Star rating from Charity Navigator, reflecting a score of 79%. This score primarily derives from their Accountability & Finance metrics, where they excel in areas such as having a fully independent board and strong financial oversight practices. Their financial statements are audited, and they have robust policies in place regarding conflicts of interest, whistleblowing, and document retention.
While the organization scores well on many accountability measures, some aspects of their program efficiency could be improved. The Program Expense Ratio is 68.30%, indicating that a significant portion of their expenses goes towards administrative and fundraising costs rather than directly to programs. Additionally, their Fundraising Efficiency Ratio of $0.73 suggests that they spend more to raise funds compared to the amount raised, which could be a point of concern for potential donors.
Overall, Vitalant Foundation demonstrates strong governance and financial health, making it a trustworthy charity, but there may be opportunities for improvement in how they allocate their resources towards programmatic impact.
This AI summary has been generated from information found on Charity Navigator.
Is Vitalant Foundation legitimate?
Vitalant Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vitalant 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: $0
For more financial information, click here
Official website here: www.vitalant.org/support-us/vitalant-foundation
What is the mission statement of Vitalant Foundation?
The Vitalant Foundation's mission is to collect and manage charitable contributions to aid Vitalant in achieving its goal of uniting donors, talent, and innovation to save and enhance lives through blood and biologics. The foundation's role involves supporting Vitalant's mission by stewarding these funds. In addition, the Vitalant Foundation has previously funded a study to the tune of $669,685.
Official website here: www.vitalant.org/support-us/vitalant-foundation
Who is the CEO of Vitalant Foundation?
Unavailable
Official website here: www.vitalant.org/support-us/vitalant-foundation
What is the revenue of Vitalant Foundation?
Vitalant Foundation's revenue in 2022 was $2,829,576.
Official website here: www.vitalant.org/support-us/vitalant-foundation
Who are the executives of Vitalant Foundation and what are their salaries?
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $84,516
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $44,125
- Other: $0
- Compensation: $0
- Related: $662,580
- Other: $69,673
- Compensation: $0
- Related: $317,145
- Other: $59,749
- Compensation: $0
- Related: $598,658
- Other: $48,376
Official website here: www.vitalant.org/support-us/vitalant-foundation
Where can I find the form 990 for Vitalant Foundation?
Vitalant Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vitalant.org/support-us/vitalant-foundation
Learn more at the official website: www.vitalant.org/support-us/vitalant-foundation
Mission Statement of Vitalant Foundation
The Vitalant Foundation, a charitable organization, is dedicated to securing and managing donations intended to support Vitalant's mission. This mission involves uniting blood and biologics donors, talent, and innovation to save and enhance lives. By stewarding these charitable gifts, the Vitalant Foundation plays a crucial role in enabling Vitalant to carry out its life-saving objectives. Additionally, the foundation has funded a study worth $669,685 as part of its support for Vitalant's mission.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Vitalant Foundation secures and manages charitable contributions that significantly further the mission of uniting blood and biologics donors with innovation and talent, ultimately aimed at saving and improving lives. By providing critical funding, including a notable investment of $669,685 in a recent study, the Foundation enhances the capabilities of Vitalant to effectively address the needs of patients and healthcare systems. Operating from Pittsburgh, PA, the Foundation ensures that resources are directed towards impactful initiatives that strengthen the overall health landscape and foster advancements in blood donation and transfusion practices. Through its efforts, Vitalant Foundation makes a substantial impact on both individual lives and the broader community's health.
This information is meant to be a general summary of Vitalant 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 2022.
- Investment Income: $1,451,732
- Gross Receipts: $7,245,267
Assets and Liabilities:
- Total Assets: $45,366,321
- Total Liabilities: $915,312
- Net Assets: $44,451,009
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1987
Phone
(412) 209-7192Main Address
875 GREENTREE ROAD PARKWAY CENTER 5, PITTSBURGH, PA, 15220
NTEE Category
Code: E61 - Health
If you are a representative of Vitalant Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.