Overview
What is Vidan Foundation Inc?
Vidan Foundation Inc, located in Austin, Texas, is a compassionate nonprofit organization dedicated to uplifting underprivileged individuals, particularly children, in Kampong Chang, Prey Veng, and Purtsat provinces of Cambodia. Their primary mission is to inspire and empower these underprivileged individuals by providing essential welfare and educational support. Specifically, they sponsor a School Attendance Support Program to ensure that stateless and needy children receive a basic education. This initiative aligns with their goal to inspire hope and empower future generations, thereby contributing positively to their communities.
Official website here: www.vidan.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Star rating)
The Vidan Foundation Inc has received a One-Star rating from Charity Navigator, indicating significant areas for improvement, particularly in governance and transparency. The organization's Accountability & Finance score is 56%, which raises concerns about its independent oversight and board composition, as there are no independent board members currently serving.
While the foundation has a solid program expense ratio at 75.95%, suggesting that a majority of its funds are directed towards programs rather than administrative costs, it lacks essential policies like a conflict of interest and whistleblower policy. Furthermore, the failure to post its tax form on its website also detracts from its financial transparency and accountability.
Despite having a low liability-to-assets ratio of 30.59%, demonstrating fiscal responsibility, the overall lack of independent oversight and missing governance policies present significant limitations. These factors may impact the foundation's credibility and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Vidan Foundation Inc legitimate?
Vidan Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vidan Foundation 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
Official website here: www.vidan.us
What is the mission statement of Vidan Foundation Inc?
The Vidan Foundation Inc's mission is to inspire and empower underprivileged individuals, with a particular focus on children, by providing welfare and educational support. This organization strives to achieve this mission by sponsoring programs that ensure basic education for stateless and needy children in the provinces of Kampong Chang, Prey Veng, and Purtsat in Cambodia. By doing so, the Vidan Foundation Inc aims to make a significant impact in improving the lives of these underprivileged children.
Official website here: www.vidan.us
Who is the CEO of Vidan Foundation Inc?
Bang Nguyen is the President of Vidan Foundation Inc.
Official website here: www.vidan.us
What is the revenue of Vidan Foundation Inc?
Vidan Foundation Inc's revenue in 2021 was $72,518.
Official website here: www.vidan.us
Who are the executives of Vidan Foundation Inc and what are their salaries?
There 20 volunteers at Vidan Foundation Inc.
Here are 5 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
Official website here: www.vidan.us
Where can I find the form 990 for Vidan Foundation Inc?
Vidan Foundation Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.vidan.us
Learn more at the official website: www.vidan.us
Mission Statement of Vidan Foundation Inc
Vidan Foundation Inc, a nonprofit organization, is committed to uplifting underprivileged individuals, with a special focus on children. Their mission is to inspire and empower these individuals by providing them with essential welfare and educational support. This mission is carried out through their sponsorship of a School Attendance Support Program, which aims to ensure that stateless and needy children in Kampong Chang, Prey Veng, and Purtsat provinces in Cambodia have access to basic education. By doing so, Vidan Foundation Inc is contributing to the betterment of these children's lives, providing them with the tools they need to overcome their circumstances and build a brighter future.
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
August, 2024
Vidan Foundation Inc's impact is significant as they inspire and empower underprivileged people, especially children, by providing welfare and education. They actively sponsor school attendance support programs to ensure basic education for stateless and needy children in Cambodia. This initiative has a direct and positive impact on the communities in the provinces of Kampong Chang, Prey Veng, and Pursat. By focusing on education and welfare, Vidan Foundation Inc is making a tangible difference in the lives of those who need it most.
This information is meant to be a general summary of Vidan Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Gross Receipts: $72,518
Assets and Liabilities:
- Total Assets: $13,072
- Total Liabilities: $4,000
- Net Assets: $9,072
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2014
Phone
(713) 679-0974Principal Officer
Bang Nguyen
Main Address
PO BOX 92601, AUSTIN, TX, 78709
Website
www.vidan.usNTEE Category
Code: A23 - Arts
If you are a representative of Vidan Foundation Inc 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.