Overview
What is Vera French Foundation?
The Vera French Foundation is a nonprofit organization based in Davenport, Iowa, with a single employee. Its primary purpose is to support the mission of the Vera French Mental Health Center, Inc., a related organization. By raising funds, the Foundation aims to increase community awareness about mental illness and the importance of community support for the services provided by the Center. In essence, the Vera French Foundation fosters compassionate understanding of mental health issues and encourages generous contributions to bolster the work of the Vera French Community Mental Health Center and the Vera French Housing Corporation.
Official website here: www.verafrenchmhc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Vera French Foundation has achieved a high rating of 94% from Charity Navigator, reflecting its strong accountability and financial management practices. The score is derived entirely from the Accountability & Finance beacon, indicating that the organization prioritizes transparency and responsible stewardship of resources. The foundation's commitment to governance is underscored by its fully independent board and robust financial oversight measures.
Strengths of the foundation include a majority independent board with 100% independent members and comprehensive policies in place for conflicts of interest and whistleblower protections. Additionally, the foundation has no reported material diversion of assets and maintains excellent financial health, evidenced by a low liabilities to assets ratio and a significant program expense ratio of 68.54%. These factors highlight the foundation's dedication to effective financial management and program delivery.
While the organization demonstrates strong financial practices, the summary does not indicate any specific programmatic impacts or outcomes that might provide insight into the effectiveness of its services. Therefore, potential donors and stakeholders may want to seek additional information on the foundation's programs and their impact on the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Vera French Foundation legitimate?
Vera French Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vera French 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: $102,613
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,956
For more financial information, click here
Official website here: www.verafrenchmhc.org
What is the mission statement of Vera French Foundation?
The Vera French Foundation aims to foster compassionate awareness about mental illness and inspire generous donations. These contributions are intended to support two key organizations: the Vera French Community Mental Health Center and the Vera French Housing Corporation. The foundation's primary goal is to raise funds that help increase community understanding of the difficulties associated with mental illness and the importance of community-based support services for those affected. The funds raised by the foundation directly contribute to the mission of the Vera French Mental Health Center, Inc., an associated organization, in its efforts to raise awareness about mental health issues and the need for community support.
Official website here: www.verafrenchmhc.org
Who is the CEO of Vera French Foundation?
Jean Friemel is the President of Vera French Foundation.
Official website here: www.verafrenchmhc.org
What is the revenue of Vera French Foundation?
Vera French Foundation's revenue in 2022 was $556,932.
Official website here: www.verafrenchmhc.org
Who are the executives of Vera French Foundation and what are their salaries?
The average compensation at Vera French Foundation during 2022 was $107,569. There is 1 employee at Vera French Foundation.
Here are 8 key members and their salaries:
- Compensation: $89,599
- Related: $0
- Other: $13,014
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.verafrenchmhc.org
Where can I find the form 990 for Vera French Foundation?
Vera French Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.verafrenchmhc.org
Learn more at the official website: www.verafrenchmhc.org
Mission Statement of Vera French Foundation
The Vera French Foundation, a philanthropic organization, is dedicated to cultivating compassionate understanding of mental illness within the community. Through its activities, the Foundation aims to inspire generous donations in support of the Vera French Community Mental Health Center and the Vera French Housing Corporation. The Foundation's mission is twofold: it seeks to raise awareness about the challenges associated with mental illness and to advocate for community support for the services provided by the Vera French Community Mental Health Center. By funding various initiatives that increase community awareness, the Vera French Foundation is making a significant contribution to the fight against mental illness and the provision of vital mental health services.
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Impact
July, 2024
The Vera French Foundation's impact lies in fostering compassionate awareness of mental illness and inspiring generous giving to support the Vera French Community Mental Health Center and the Vera French Housing Corporation. By providing crucial funds for these organizations, the Foundation helps increase community awareness of the challenges of mental illness and the necessity for community support for the services they offer. This ultimately contributes to a more supportive and understanding environment for those dealing with mental health issues in DAVENPORT, IA and beyond.
This information is meant to be a general summary of Vera French 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: $108,160
- Gross Receipts: $852,371
Assets and Liabilities:
- Total Assets: $1,969,689
- Total Liabilities: $101,019
- Net Assets: $1,868,670
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Organization Details
Founding Year
1985
Phone
(563) 383-1900Principal Officer
Jean Friemel
Main Address
1441 W Central Park Ave, Davenport, IA, 52804
Website
www.verafrenchmhc.orgNTEE Category
Code: F30 - Mental health
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