Overview
What is Virginia Institute Of Marine Science Fdn?
The Virginia Institute of Marine Science Foundation, abbreviated as VIMS Fdn, is a nonprofit organization with a mission to support the Virginia Institute of Marine Science (VIMS) in its endeavors. This includes research, education, and advisory services. The foundation promotes philanthropy for VIMS and manages these resources effectively to uphold its mission. By doing so, the VIMS Foundation aims to strengthen VIMS' position as a leading authority in coastal and estuarine marine science, not just for Virginia, but globally. The foundation's activities contribute significantly to the Institute's overall goals and impact.
Official website here: www.vims.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% - Four-Star out of Four Star rating from Charity Navigator.
The Virginia Institute of Marine Science Foundation has achieved an impressive Four-Star rating, reflecting its strong commitment to accountability and finance. The charity's score is derived entirely from its performance in these areas, underscoring a transparent operational structure. Notably, the organization has a fully independent board, which is crucial for unbiased governance and decision-making.
The foundation excels in various accountability metrics, including a perfect score in its audit and oversight practices, as well as having no material diversion of assets. Additionally, it maintains comprehensive policies in place, such as conflict of interest and whistleblower protections, which contribute to its strong governance framework. The percentage of program expenses is also commendable, indicating a high level of investment in its core mission.
While the overall financial health appears robust, the organization may still face challenges common to nonprofits, such as ensuring consistent funding and outreach effectiveness. However, the present data showcases a solid foundation that prioritizes ethical practices and effective resource management, supporting its mission in marine science.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia Institute Of Marine Science Fdn legitimate?
Virginia Institute Of Marine Science Fdn is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Institute Of Marine Science Fdn 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.vims.edu
What is the mission statement of Virginia Institute Of Marine Science Fdn?
The Virginia Institute of Marine Science Foundation promotes philanthropy to support the institute's mission of research, education, and advisory services. The foundation's role also includes managing these resources effectively to strengthen the Virginia Institute of Marine Science's position as a leading authority in coastal and estuarine marine science, not only for Virginia but globally. The primary objective is to advance the institute's goal of making significant contributions to marine science research, providing educational opportunities, and offering valuable advisory services. The Virginia Institute of Marine Science Foundation's support is crucial in propelling the institute forward in its mission to contribute to the global understanding of marine ecosystems.
Official website here: www.vims.edu
Who is the CEO of Virginia Institute Of Marine Science Fdn?
Linda Rudy is the Board Member of Virginia Institute Of Marine Science Fdn.
Official website here: www.vims.edu
What is the revenue of Virginia Institute Of Marine Science Fdn?
Virginia Institute Of Marine Science Fdn's revenue in 2022 was $3,118,091.
Official website here: www.vims.edu
Who are the executives of Virginia Institute Of Marine Science Fdn and what are their salaries?
There 18 volunteers at Virginia Institute Of Marine Science Fdn.
Here are 23 key members and their salaries:
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Official website here: www.vims.edu
Where can I find the form 990 for Virginia Institute Of Marine Science Fdn?
Virginia Institute Of Marine Science Fdn's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vims.edu
Learn more at the official website: www.vims.edu
Mission Statement of Virginia Institute Of Marine Science Fdn
The Virginia Institute of Marine Science Foundation's mission is centered around promoting philanthropy and providing stewardship for the Virginia Institute of Marine Science (VIMS). This support is instrumental in strengthening VIMS' position as a leading authority in coastal and estuarine marine science, not just for Virginia, but globally. The foundation's primary goal is to bolster VIMS' mission of conducting research, offering education, and providing advisory services. By doing so, the Virginia Institute of Marine Science Foundation aims to contribute significantly to the advancement of marine science knowledge and applications.
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Impact
July, 2024
The impact of the Virginia Institute of Marine Science Foundation is significant in promoting philanthropy for the Virginia Institute of Marine Science (VIMS) and providing stewardship of resources to support VIMS' mission of research, education, and advisory services. By supporting VIMS in its pursuit of advancing marine science, education, and advisory services, the foundation strengthens the institute's position as a leading authority in coastal and estuarine marine science, not just for Virginia but also for the global community. Its focus on education ensures that future generations are equipped with the knowledge and expertise needed to address marine science challenges.
This information is meant to be a general summary of Virginia Institute Of Marine Science Fdn. 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: $959,382
- Gross Receipts: $8,718,690
Assets and Liabilities:
- Total Assets: $18,675,343
- Total Liabilities: $31,999
- Net Assets: $18,643,344
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Organization Details
Founding Year
2000
Phone
(804) 684-7107Principal Officer
Linda Rudy
Main Address
PO BOX 1346, GLOUCESTER POINT, VA, 23062
Website
www.vims.eduNTEE Category
Code: B20 - Education
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