Overview
What is Banfield Foundation?
The Banfield Foundation is a caring nonprofit organization based in Vancouver, Washington. Committed to enhancing pet well-being and community welfare, they offer various grant programs to support nonprofit animal organizations and local governments. In the aftermath of natural or other disasters, they extend financial assistance. For victims of domestic violence, they help cover veterinary care, temporary boarding, behavior training, and dedicated animal care positions. The foundation also partners with nonprofits to provide free or low-cost comprehensive preventive care for disadvantaged pet owners. Through community care grants, they fund veterinary care programs for pet owners who meet specific qualifications. Annual preventive care plans and financial assistance for pets in critical conditions are also part of their offerings. Veterinary medical equipment grants enable nonprofits to purchase essential equipment for on-site animal shelters, veterinary clinics, mobile veterinary units, and disaster relief vehicles.
Official website here: www.banfieldfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Stars)
The Banfield Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The organization’s score is exclusively derived from its performance in these areas, indicating a high level of transparency and effective financial management. The foundation boasts a fully independent board, which enhances its governance and oversight capabilities.
Strengths of the Banfield Foundation include a high program expense ratio of 88.34%, signifying that the majority of its resources are directed towards its mission. Additionally, it has demonstrated exceptional fundraising efficiency with a low cost of fundraising, which indicates that it effectively utilizes donations to support its programs. The foundation also maintains solid financial health, evidenced by a low liabilities-to-assets ratio and ample working capital.
While the data showcases numerous strengths, the concentration on accountability and finance without additional beacons means that potential donors may want to seek further information on programmatic impact and outcomes. Overall, the Banfield Foundation exemplifies strong governance practices and financial acumen, making it a trustworthy option for those looking to support its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Banfield Foundation legitimate?
Banfield Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Banfield 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: $366,458
Professional Fundraising Fees: $0
Other Salaries and Wages: $308,472
For more financial information, click here
Official website here: www.banfieldfoundation.org
What is the mission statement of Banfield Foundation?
The Banfield Foundation is dedicated to enhancing the well-being of pets and communities. Through various initiatives, it aims to strengthen the pet welfare community, provide disaster relief for pets, and advance the science of veterinary medicine. The foundation offers financial assistance to nonprofit organizations and local governments, helping them provide veterinary care, temporary boarding, behavior training, and funding for dedicated animal care positions for pets of domestic violence victims. Additionally, it partners with nonprofits to offer free or low-cost preventive care for pets of disadvantaged individuals and provides financial support for veterinary medical equipment grants for on-site animal shelter clinics, low-cost veterinary practices, mobile veterinary units, and disaster relief vehicles.
Official website here: www.banfieldfoundation.org
Who is the CEO of Banfield Foundation?
Kim Van Syoc is the President & Chair of Banfield Foundation.
Official website here: www.banfieldfoundation.org
What is the revenue of Banfield Foundation?
Banfield Foundation's revenue in 2022 was $4,972,862.
Official website here: www.banfieldfoundation.org
Who are the executives of Banfield Foundation and what are their salaries?
The average compensation at Banfield Foundation during 2022 was $112,488. There are 6 employees and 13 volunteers at Banfield Foundation.
Here are 16 key members and their salaries:
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- Compensation: $152,923
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- Other: $6,243
Official website here: www.banfieldfoundation.org
Where can I find the form 990 for Banfield Foundation?
Banfield Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.banfieldfoundation.org
Learn more at the official website: www.banfieldfoundation.org
Mission Statement of Banfield Foundation
The Banfield Foundation, a dedicated philanthropic organization, strives to enhance the well-being of pets and communities by reinforcing the powerful bond between pets and humans. With a focus on improving lives, the Foundation is committed to several initiatives that strengthen the pet welfare community, provide disaster relief for pets, and advance the science of veterinary medicine.
Through its Disaster Relief Grants, the Banfield Foundation offers financial support to nonprofit animal organizations and government entities that have been impacted by natural or other disasters. By providing essential resources, the Foundation ensures that pets receive the care they need during times of crisis.
Another critical aspect of the Banfield Foundation's mission involves the Safer Together Grants. These grants fund nonprofit organizations that focus on veterinary care, temporary boarding, behavior training, and the hiring of dedicated animal care positions, specifically for pets of domestic violence victims. This crucial support empowers victims to leave abusive situations, knowing their pets will be taken care of.
The Foundation's Continued on Scheduled Preventive Care initiative partners with nonprofit organizations to offer free or low-cost comprehensive preventive care for pets belonging to those in need. By investing in preventative care, the Banfield Foundation aims to keep pets healthy and prevent potential health issues.
Community Care Grants are another financial resource provided by the Foundation, helping to fund veterinary care programs for pet owners who meet established qualifications. In addition, the Banfield Foundation offers Wellness Plans, which provide annual preventative care plans for qualifying pet owners in financial need. These plans ensure that pets receive the necessary medical attention, enabling their owners to prioritize their pet's health without financial burden.
The Hope Funds, a vital initiative by the Banfield Foundation, offer financial assistance for income-qualified pet owners whose pets are suffering from an immediately life-threatening condition. This crucial support provides a safety net for pet owners during their pets' most vulnerable moments.
Lastly, the Banfield Foundation's Veterinary Medical Equipment Grants provide financial support to nonprofit organizations, enabling them to purchase necessary veterinary medical equipment. This equipment enhances the capabilities of animal shelters, low-cost veterinary practices, mobile veterinary units, and disaster relief vehicles, ultimately improving the quality of care for animals in need.
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Impact
October, 2024
The Banfield Foundation significantly enhances the well-being of pets and communities through various targeted initiatives. By providing disaster relief grants, it offers financial support to organizations and local governments affected by natural disasters, ensuring that pets caught in these situations receive necessary care and shelter.
The Safer Together Grants support victims of domestic violence by funding veterinary care, temporary boarding, and dedicated animal care positions, reinforcing the bond between pets and their owners in difficult times. Additionally, the Foundation plays a crucial role in preventive care by partnering with organizations to deliver free or low-cost veterinary services to homeless or disadvantaged pet owners, ensuring they have access to essential health care.
Community Care Grants further facilitate veterinary services for qualifying pet owners, while wellness plans offer annual preventive care at an affordable rate. The Hope Funds provide urgent financial assistance to pet owners facing life-threatening conditions for their pets, thus preventing unnecessary suffering.
Moreover, the Foundation supports veterinary organizations in acquiring essential medical equipment for clinics and mobile units, enhancing overall veterinary care capabilities. This comprehensive approach not only strengthens the pet welfare community but also promotes the well-being of pets by advancing veterinary medicine, ultimately fostering a healthier, happier relationship between pets and their owners.
This information is meant to be a general summary of Banfield 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: $13,253
- Program Service Revenue: $197,084
- Gross Receipts: $4,972,862
Assets and Liabilities:
- Total Assets: $7,977,398
- Total Liabilities: $494,936
- Net Assets: $7,482,462
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$197,084
Organization Details
Founding Year
2015
Phone
(360) 784-7866Principal Officer
Kim Van Syoc
Main Address
18101 SE SIXTH WAY, VANCOUVER, WA, 98683
Website
www.banfieldfoundation.orgNTEE Category
Code: D20 - Animals
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