Overview
What is Vincera Foundation?
The Vincera Foundation, located in Philadelphia, Pennsylvania, is a charitable and educational organization, functioning under Section 501(c)(3), dedicated to bettering the greater Philadelphia area. Its primary mission is to enhance athletic performance, health, and fitness through research, education, and by supporting programs that focus on these aspects for underprivileged youth in Philadelphia. The foundation operates with a single employee and is committed to advancing philanthropy within its community.
Official website here: www.vincerafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Star rating (66%)
The Vincera Foundation received a two-star rating from Charity Navigator, indicating a need for improvement in certain operational areas despite an overall strong accountability and finance score of 100%. This high score reflects the organization’s solid management practices; however, the rating highlights significant weaknesses, especially in governance policies and transparency.
One of the foundation's strengths is its majority independent board members, which shows a commitment to governance. However, the organization does not have an adequate board size and lacks critical policies like conflict of interest, whistleblower, and document retention, each scoring zero. These gaps may raise concerns about the foundation's operational effectiveness and commitment to best practices.
Additionally, while the foundation demonstrates a responsible approach to its financial liabilities and program expenses, the absence of key governance documents, such as tax forms on their website, limits transparency. Addressing these shortcomings could enhance the foundation's credibility and operational efficacy, paving the way for a higher rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Vincera Foundation legitimate?
Vincera Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vincera 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.vincerafoundation.org
What is the mission statement of Vincera Foundation?
The Vincera Foundation is committed to enhancing athletic performance, health, and fitness through core research, education, and the support of programs focused on athletics, health, and fitness for underprivileged youth in the relevant community. The organization operates with a charitable and educational purpose, aiming to contribute to the philanthropy network and support youth organizations in the greater Philadelphia area.
Official website here: www.vincerafoundation.org
Who is the CEO of Vincera Foundation?
Dr William C Meyers is the Chairman & President of Vincera Foundation.
Official website here: www.vincerafoundation.org
What is the revenue of Vincera Foundation?
Vincera Foundation's revenue in 2022 was $54,841.
Official website here: www.vincerafoundation.org
Who are the executives of Vincera Foundation and what are their salaries?
There is 1 employee at Vincera Foundation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $60,000
- Related: $0
- Other: $0
Official website here: www.vincerafoundation.org
Where can I find the form 990 for Vincera Foundation?
Vincera Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vincerafoundation.org
Learn more at the official website: www.vincerafoundation.org
Mission Statement of Vincera Foundation
The Vincera Foundation, a charitable organization, is committed to enhancing athletic performance, health, and fitness. They achieve this goal through meticulous research, educational initiatives, and by backing programs that focus on athletics, health, and fitness for underprivileged youth in the greater Philadelphia area. The foundation's mission is to support philanthropic efforts in this domain, aiming to empower young individuals in the city.
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Impact
August, 2024
The Vincera Foundation's impact is dedicated to improving athletic performance, health, and fitness through core research and education. It supports programs that focus on athletics, health, and fitness for Philadelphia's underserved youth. The foundation aims to make a positive difference in the community by promoting overall well-being and encouraging healthy lifestyles among young individuals.
This information is meant to be a general summary of Vincera 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: $189,800
Assets and Liabilities:
- Total Assets: $59,291
- Total Liabilities: $0
- Net Assets: $59,291
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Organization Details
Founding Year
2012
Phone
(267) 592-3195Principal Officer
Dr William C Meyers
Main Address
1200 CONSTITUTION AVENUE, PHILADELPHIA, PA, 191121202
Website
www.vincerafoundation.orgNTEE Category
Code: H90 - Medical research
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