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Tom Vanderpol Memorial Fund Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453670351 ✦ Harrison, SD ✦ Designated as a 501(c)(3)

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Overview

What is Tom Vanderpol Memorial Fund Inc?

Tom Vanderpol Memorial Fund Inc is a nonprofit organization, based in Harrison, South Dakota, with a commitment to supporting various charitable initiatives worldwide. Their mission primarily revolves around promoting, encouraging, and expanding the Living Water Teaching of Caddo Mills, Texas, specifically its charitable and Christian Bible Teaching Academy in Quetzaltenango, Guatemala. Additionally, they support the Vanderpol Christian Academy operated by Linebarger Ministries in Ligao City, Philippines, which provides education, food, clothing, housing, and care for disadvantaged children. Moreover, they support the South Indian Outreach in Mysore, India, and other third-world Christian missions through direct financial and in-kind assistance and mission trips by dedicated individuals. The organization also sponsors 16 students at the Bible Teaching Academy in Quetzaltenango, Guatemala, and supports mission trips for 3 students.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73% (Two-Star out of Four Star Rating)

The Tom Vanderpol Memorial Fund Inc has received a 73% rating from Charity Navigator, indicating a Two-Star rating. This score is primarily based on the charity’s accountability and finance practices, which account for 100% of the overall score. The organization has demonstrated strong governance through having a fully independent board and a favorable liabilities to assets ratio, signaling effective management of finances.

Strengths of the organization include a high program expense ratio of 99.14%, suggesting that nearly all of their funds are directed towards their programs rather than administrative costs. The charity has also showcased responsible practices by documenting board meeting minutes and showing no material diversion of assets. These factors contribute positively to the overall impression of the nonprofit's financial management.

However, there are notable limitations, particularly regarding transparency and governance policies. The organization is missing several key policies, including a conflict of interest policy, whistleblower policy, and guidelines for document retention. Additionally, the absence of required disclosures on their website could impact trust and accountability perceptions among potential donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Tom Vanderpol Memorial Fund Inc legitimate?

Tom Vanderpol Memorial Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tom Vanderpol Memorial Fund Inc 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

What is the mission statement of Tom Vanderpol Memorial Fund Inc?

The Tom Vanderpol Memorial Fund Inc's mission is focused on promoting, encouraging, and assisting various charitable, Christian, and Bible teaching initiatives worldwide. Specifically, it supports the Living Water Teaching in Caddo Mills, Texas, its charitable Christian Academy in Quetzaltenango, Guatemala, the Vanderpol Christian Academy in Ligao City, Philippines, and its mission of providing education, food, clothing, housing, and care for impoverished children. Furthermore, the fund extends its support to the South Indian Outreach in Mysore, India, and other third world Christian missions. This is achieved through direct financial and in-kind assistance and mission trips by dedicated individuals.

Who is the CEO of Tom Vanderpol Memorial Fund Inc?

Patricia Vanderpol is the President of Tom Vanderpol Memorial Fund Inc.

What is the revenue of Tom Vanderpol Memorial Fund Inc?

Tom Vanderpol Memorial Fund Inc's revenue in 2021 was $108,775.

Who are the executives of Tom Vanderpol Memorial Fund Inc and what are their salaries?


Here are 2 key members and their salaries:


Patricia Vanderpol (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Vanderpol (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tom Vanderpol Memorial Fund Inc?

Tom Vanderpol Memorial Fund Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Tom Vanderpol Memorial Fund Inc

The Tom Vanderpol Memorial Fund Inc is committed to promoting, encouraging, assisting, and expanding the Living Water teaching in Caddo Mills, Texas, particularly its charitable, Christian, Bible teaching academy in Quetzaltenango, Guatemala. The organization also supports the Vanderpol Christian Academy operated by Linebarger Ministries in Ligao City, Philippines, and its charitable, Christian mission of providing education, food, clothing, housing, and care for poor and destitute children. Furthermore, the Tom Vanderpol Memorial Fund Inc extends its reach to the South Indian Outreach in Mysore, India, and other third-world Christian missions, offering direct assistance, both financial and in kind, as well as mission trips by qualified and dedicated individuals.

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Impact




October, 2024

The Tom Vanderpol Memorial Fund Inc plays a vital role in promoting and expanding educational opportunities, particularly through its support of various Christian educational initiatives around the world. Its impact is seen in the construction and continued operations of the Vanderpol Christian Academy in Ligao City, Albay, Philippines, where it provides essential education and care for impoverished children. The Fund also sponsors students at the Bible Teaching Academy in Quetzaltenango, Guatemala, allowing them to receive quality Christian education.

In Mysore, India, the South Indian Outreach Program benefits from the Fund's assistance, aiding in community support and outreach efforts that address local needs. Moreover, the Fund organizes mission trips that empower qualified individuals to contribute directly to these educational and charitable efforts, enhancing the overall mission of providing education, food, clothing, shelter, and care for destitute children.

Through its financial and in-kind donations, the Tom Vanderpol Memorial Fund Inc fosters growth in Christian education and outreach, making a significant difference in the lives of countless children and communities in need across multiple countries.




This information is meant to be a general summary of Tom Vanderpol Memorial Fund Inc. 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.

Revenue
$108,775 (2021)
Expenses
$108,193 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $110,683

Assets and Liabilities:

  • Total Assets: $298,616
  • Total Liabilities: $0
  • Net Assets: $298,616

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Organization Details

Founding Year

2011

Principal Officer

Patricia Vanderpol

Main Address

27406 377TH AVE, HARRISON, SD, 57344

NTEE Category

Code: T30 - Philanthropy

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