Overview
What is Medvet Charitable Foundation?
The Medvet Charitable Foundation is a nonprofit organization located in Worthington, Ohio, with the address 350 E Wilson Bridge Rd. Established with the mission to provide quality care for veterinary patients dealing with diseases and injuries, the foundation is also dedicated to continued education for individuals employed in the veterinary medicine field. Additionally, it offers financial relief for Medvet employees in times of need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)
The Medvet Charitable Foundation has received a two-star rating from Charity Navigator, indicating a need for improvement in various areas of accountability and financial transparency. While the organization boasts a strong independent board with 100% independent members and no material diversion of assets, its overall score reflects significant gaps in financial reporting and governance policies.
Strengths include a high program expense ratio of 95.84%, suggesting that the majority of its funds are directed toward its charitable programs. Additionally, the organization has a favorable liabilities to assets ratio at 0.00%, indicating financial stability. However, the absence of critical financial statements and key governance policies such as conflict of interest and whistleblower policies raises concerns about overall transparency and accountability.
Overall, while the Medvet Charitable Foundation demonstrates strong financial management in terms of program spending, the lack of essential policies and public financial documentation limits its effectiveness and trustworthiness. Addressing these gaps could enhance its reputation and rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Medvet Charitable Foundation legitimate?
Medvet Charitable Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Medvet Charitable 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:
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Professional Fundraising Fees: $0
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What is the mission statement of Medvet Charitable Foundation?
The Medvet Charitable Foundation is dedicated to providing relief for individuals employed in the veterinary medicine field during times of need. Alongside this, it strives to ensure quality care for veterinary patients dealing with diseases and injuries. The foundation's mission encompasses both the provision of continued education for veterinary medicine employees and financial assistance when required.
Who is the CEO of Medvet Charitable Foundation?
Sarah Berger is the Board Member of Medvet Charitable Foundation.
What is the revenue of Medvet Charitable Foundation?
Medvet Charitable Foundation's revenue in 2022 was $504,615.
Who are the executives of Medvet Charitable Foundation and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Medvet Charitable Foundation?
Medvet Charitable Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Medvet Charitable Foundation
Medvet Charitable Foundation, a notable non-profit organization, is dedicated to three crucial missions. Firstly, it prioritizes the provision of quality care for veterinary patients afflicted with diseases and injuries. Secondly, the Foundation is committed to continuing education for individuals employed in the veterinary medicine field. Lastly, Medvet Charitable Foundation extends a helping hand to those working within veterinary medicine during times of need.
By offering quality care for veterinary patients, Medvet Charitable Foundation ensures that animals receive the best possible treatment when they are most vulnerable. This commitment to animal welfare not only supports the health and wellbeing of the patients but also bolsters the reputation of the veterinary profession.
In the realm of education, Medvet Charitable Foundation plays a pivotal role by providing opportunities for continued learning for veterinary medicine professionals. By investing in the ongoing development of these individuals, the Foundation contributes to the overall growth and improvement of the veterinary medicine field. Furthermore, through its relief efforts for veterinary medicine employees, Medvet Charitable Foundation stands as a compassionate support system during difficult times, ensuring that those dedicated to animal care are not left to face their challenges alone.
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Impact
July, 2024
Medvet Charitable Foundation makes a significant impact by providing financial relief to Medvet employees in times of need, ensuring they can navigate personal challenges without added stress. In addition, the foundation plays a crucial role in offering quality care for veterinary patients with diseases and injuries, enhancing the well-being of beloved animal companions. Furthermore, by supporting continuing education for individuals in the veterinary medicine field, the foundation fosters professional development and advancements in animal healthcare. Through these efforts, Medvet Charitable Foundation positively impacts the lives of both veterinary professionals and the animals they care for, embodying its mission to provide quality veterinary care and support to those in the field.
This information is meant to be a general summary of Medvet Charitable 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.
- Gross Receipts: $504,615
Assets and Liabilities:
- Total Assets: $1,710,704
- Total Liabilities: $0
- Net Assets: $1,710,704
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Organization Details
Founding Year
1999
Phone
(614) 846-5800Principal Officer
Sarah Berger
Main Address
350 E WILSON BRIDGE RD, WORTHINGTON, OH, 43085
NTEE Category
Code: D20 - Animals
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