Overview
What is Maryland Veterinary Foundation Inc?
Maryland Veterinary Foundation Inc is a nonprofit organization that prioritizes educational assistance. Specifically, they offer scholarships to aspiring Veterinary medicine students to aid in their academic pursuits and career development. By providing this financial support, they contribute to the advancement of the Veterinary field and help shape the future of veterinary care. The foundation's mission is deeply rooted in the belief that education is a crucial tool in fostering professional growth, ultimately benefiting both the students and the animal health community at large.
Official website here: www.mdvf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 67%)
The Maryland Veterinary Foundation Inc has received a Two-Star rating from Charity Navigator, indicating that there are areas for improvement in its operations and management. The overall score of 67% reflects a solid commitment to governance, with a perfect score for the majority of independent board members and no material diversion of assets, suggesting a well-structured board.
Despite its strengths, the organization faces significant challenges, particularly in its accountability practices. Key policies, such as a whistleblower policy and document retention policy, are missing, which could impact transparency and organizational integrity. Additionally, the absence of tax forms on the nonprofit's website raises concerns about accessibility of financial information.
Financially, the foundation shows a favorable liabilities to assets ratio of 0.00%, indicating sound financial health. However, its program expense ratio of 57.59% suggests that a larger portion of its budget could be directed toward programs rather than administrative costs. Overall, while the foundation demonstrates strong governance, it needs to address its policy gaps and enhance its program spending to improve its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Maryland Veterinary Foundation Inc legitimate?
Maryland Veterinary Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland Veterinary 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.
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Official website here: www.mdvf.org
What is the mission statement of Maryland Veterinary Foundation Inc?
The Maryland Veterinary Foundation Inc's mission is centered around providing educational assistance. Specifically, they offer scholarships to students pursuing Veterinary medicine, aiming to help them advance their educational goals. This commitment to education is a key part of the foundation's activities, serving as a vital resource for aspiring Veterinary professionals.
Official website here: www.mdvf.org
Who is the CEO of Maryland Veterinary Foundation Inc?
Dr Michael D Erskine is the President of Maryland Veterinary Foundation Inc.
Official website here: www.mdvf.org
What is the revenue of Maryland Veterinary Foundation Inc?
Maryland Veterinary Foundation Inc's revenue in 2023 was $76,542.
Official website here: www.mdvf.org
Who are the executives of Maryland Veterinary Foundation Inc and what are their salaries?
There 11 volunteers at Maryland Veterinary Foundation Inc.
Here are 12 key members and their salaries:
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Official website here: www.mdvf.org
Where can I find the form 990 for Maryland Veterinary Foundation Inc?
Maryland Veterinary Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mdvf.org
Learn more at the official website: www.mdvf.org
Mission Statement of Maryland Veterinary Foundation Inc
Maryland Veterinary Foundation Inc, a nonprofit organization, is dedicated to providing educational assistance. Their mission is primarily focused on offering scholarships to students pursuing Veterinary medicine. By providing these scholarships, the foundation aims to help these students further their educational goals and eventually contribute to the field of Veterinary medicine. In essence, the Maryland Veterinary Foundation Inc plays a significant role in nurturing future professionals in the Veterinary field, thereby contributing to the advancement of animal healthcare.
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Impact
August, 2024
Maryland Veterinary Foundation Inc has had a significant impact on the veterinary medicine community by providing nine scholarships to students pursuing a career in veterinary medicine. These scholarships have helped these students further their educational goals, support their studies, and ultimately contribute to the advancement of veterinary medicine. By offering educational assistance in the form of scholarships, the foundation has played a crucial role in supporting the next generation of veterinarians.
This information is meant to be a general summary of Maryland Veterinary 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 2023.
- Investment Income: $65,794
- Gross Receipts: $129,681
Assets and Liabilities:
- Total Assets: $698,933
- Total Liabilities: $0
- Net Assets: $698,933
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Organization Details
Founding Year
1982
Phone
(410) 305-7083Principal Officer
Dr Michael D Erskine
Main Address
PO BOX 363, HERSHEY, PA, 17033
Website
www.mdvf.orgNTEE Category
Code: B82 - Education
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