Overview
What is Virginia Institute For Public Policy?
The Virginia Institute for Public Policy is an independent, nonpartisan organization based in Lexington, Virginia. Their focus lies in addressing public policy issues relevant to the state, with a primary emphasis on themes such as individual opportunities versus the "anointed," education, capitalism versus democratic socialism, devolution of power, and the philosophy of law. This institute, committed to individual opportunity and economic growth, conducts research and policy recommendations, striving to shape society's intellectual foundations towards individual liberty, dynamic entrepreneurial capitalism, private property, the rule of law, and constitutionally-limited government. Their activities extend beyond just research, involving symposia and policy discussions to influence the political landscape.
Official website here: www.virginiainstitute.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Score: 62%, Two-Star out of Four Star rating
The Virginia Institute for Public Policy has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial practices. With a score of 62%, the organization shows strengths in having a predominantly independent board (87% independent members) and a low liabilities to assets ratio (6.78%), which suggests sound financial management in some areas.
However, the organization faces significant weaknesses that impact its overall rating. Notably, it lacks essential documents such as financial statements, a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, leading to a total of zero points in these critical areas. Additionally, the tax form is not available on its website, which affects transparency and accountability.
Despite these challenges, the Virginia Institute for Public Policy allocates a considerable portion of its budget to program expenses, with a ratio of 64.72%. This suggests a commitment to its mission, but the organization must address the identified gaps in governance and transparency to enhance its standing and trustworthiness among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia Institute For Public Policy legitimate?
Virginia Institute For Public Policy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Institute For Public Policy 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: $81,458
Professional Fundraising Fees: $0
Other Salaries and Wages: $247,095
For more financial information, click here
Official website here: www.virginiainstitute.org
What is the mission statement of Virginia Institute For Public Policy?
The Virginia Institute for Public Policy is an independent, nonpartisan organization committed to promoting individual opportunity and economic growth. It achieves this mission by conducting research, providing policy recommendations, and hosting symposia. By doing so, the institute aims to shape the intellectual foundation for a society that values individual liberty, dynamic entrepreneurial capitalism, private property, the rule of law, and constitutionally limited government, working ahead of the political process.
Official website here: www.virginiainstitute.org
Who is the CEO of Virginia Institute For Public Policy?
Lynn Taylor is the Chairman of Virginia Institute For Public Policy.
Official website here: www.virginiainstitute.org
What is the revenue of Virginia Institute For Public Policy?
Virginia Institute For Public Policy's revenue in 2022 was $506,466.
Official website here: www.virginiainstitute.org
Who are the executives of Virginia Institute For Public Policy and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.virginiainstitute.org
Where can I find the form 990 for Virginia Institute For Public Policy?
Virginia Institute For Public Policy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.virginiainstitute.org
Learn more at the official website: www.virginiainstitute.org
Mission Statement of Virginia Institute For Public Policy
The Virginia Institute for Public Policy, an independent and nonpartisan organization, is dedicated to achieving individual opportunity and promoting economic growth. This esteemed institution accomplishes its mission through rigorous research, formulating policy recommendations, and hosting symposia. By doing so, it seeks to shape the political landscape in favor of a society that upholds individual liberty, dynamic entrepreneurial capitalism, private property rights, the rule of law, and constitutionally limited government. The Virginia Institute for Public Policy strives to serve as the intellectual foundation for a society that prioritizes these core values.
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Impact
July, 2024
The Virginia Institute for Public Policy's impact lies in its commitment to individual opportunity and economic growth. Through research, policy recommendations, and symposia, the institute works to lay the intellectual foundation for a society dedicated to individual liberty, dynamic entrepreneurial capitalism, private property, the rule of law, and constitutionally-limited government. Their focus on redefining the role, scope, and cost of government in a free society contributes to fostering an environment conducive to economic prosperity and personal freedom.
This information is meant to be a general summary of Virginia Institute For Public Policy. 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: $1
- Program Service Revenue: $34,706
- Gross Receipts: $506,466
Assets and Liabilities:
- Total Assets: $105,287
- Total Liabilities: $7,146
- Net Assets: $98,141
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Organization Details
Founding Year
1997
Phone
(540) 245-1776Principal Officer
Lynn Taylor
Main Address
PO BOX 76, LEXINGTON, VA, 24450
Website
www.virginiainstitute.orgNTEE Category
Code: W05 - Public benefit
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