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The Alpaca Research Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 810519605 ✦ Corvallis, OR ✦ Designated as a 501(c)(3)

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Overview

What is The Alpaca Research Foundation?

The Alpaca Research Foundation, established in Corvallis, Oregon, is a dedicated nonprofit organization focusing on the betterment of the North American alpaca industry. Its primary mission is to encourage and support scientific research in the areas of alpaca health, husbandry, genetics, and fiber. The foundation follows a rigorous peer-review process to ensure that only meritorious research projects receive funding. It is commendable that 100% of donations contributed to ARF are channeled directly towards alpaca research. The Alpaca Research Foundation also collaborates with the Morris Animal Foundation (MAF), aiding in setting research priorities and providing financial assistance for projects administered through MAF's Llama and Alpaca Division.


Official website here: www.alpacaresearchfoundation.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 63%, earning it a Two-Star out of Four Star rating.

The Alpaca Research Foundation has received a moderate rating of 63%, indicative of areas needing improvement regarding accountability and financial practices. One notable strength is their impressive program expense ratio of 94.37%, suggesting that the majority of their funds are directed towards their mission-related activities. Additionally, they have shown no material diversion of assets, which is a positive indicator of financial integrity.

However, the organization faces significant shortcomings, particularly in governance. They lack independent board members, which resulted in a score of 0% in this category. Furthermore, the absence of a whistleblower policy and document retention procedures raises concerns about transparency and accountability. While they have some policies in place, the missing components suggest that there is room for enhancement in their organizational governance practices.


This AI summary has been generated from information found on Charity Navigator.

Is The Alpaca Research Foundation legitimate?

The Alpaca Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Alpaca Research 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.alpacaresearchfoundation.org

What is the mission statement of The Alpaca Research Foundation?

The Alpaca Research Foundation's mission is centered around promoting scientific research that benefits the North American alpaca industry, particularly in the areas of alpaca health, husbandry, genetics, and fiber. Their primary goal is to fund medical and scientific research aimed at improving the health and vitality of North American alpacas. Only research that undergoes the peer-review process is considered for funding, ensuring the credibility and relevance of the projects. The foundation is dedicated to utilizing donations efficiently, with 100% of the funds directly allocated to alpaca research. Furthermore, The Alpaca Research Foundation collaborates closely with the Morris Animal Foundation (MAF), assisting in setting research funding priorities and providing financial support for projects administered through MAF's Llama and Alpaca Division.


Official website here: www.alpacaresearchfoundation.org

Who is the CEO of The Alpaca Research Foundation?

Patrick Long is the President of The Alpaca Research Foundation.


Official website here: www.alpacaresearchfoundation.org

What is the revenue of The Alpaca Research Foundation?

The Alpaca Research Foundation's revenue in 2022 was $7,396.


Official website here: www.alpacaresearchfoundation.org

Who are the executives of The Alpaca Research Foundation and what are their salaries?


Here are 6 key members and their salaries:


Alan Rosenbloom (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Long Dvm (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Craven Phd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Larson Dvm (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Ing (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Baum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.alpacaresearchfoundation.org

Where can I find the form 990 for The Alpaca Research Foundation?

The Alpaca Research Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.alpacaresearchfoundation.org

Learn more at the official website: www.alpacaresearchfoundation.org

Mission Statement of The Alpaca Research Foundation

The Alpaca Research Foundation, a dedicated organization, is committed to encouraging and supporting scientific research that benefits the North American alpaca industry, with a primary focus on alpaca health, husbandry, genetics, and fiber. The foundation's mission is twofold: firstly, it aims to fund medical and scientific research that improves the health and vitality of North American alpacas. Secondly, it ensures that only research conducted and evaluated under the peer-review process receives funding. The Alpaca Research Foundation is also collaborative in its approach, working closely with the Morris Animal Foundation (MAF) to set research priorities and provide monetary support for projects administered through the Llama and Alpaca Division of MAF. By engaging in these activities, The Alpaca Research Foundation plays a crucial role in advancing the wellbeing of the North American alpaca industry.

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Impact




August, 2024

The Alpaca Research Foundation's impact can be seen in the advancements made in alpaca health, husbandry, genetics, and fiber within the North American alpaca industry. By providing grants to medical and scientific research organizations, the Foundation has facilitated valuable research that benefits the well-being and sustainability of alpacas. Through a commitment to funding peer-reviewed research, the Foundation ensures that only the most rigorous and impactful studies receive support. With 100% of donations going directly to alpaca research, the Foundation's work is directly contributing to the improvement of health and vitality in North American alpacas. By collaborating with the Morris Animal Foundation and supporting projects in the llama and alpaca division, the Foundation is playing a crucial role in advancing knowledge and practices within the industry.




This information is meant to be a general summary of The Alpaca Research 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.

Revenue
$7,396 (2022)
Expenses
$39,046 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,351
  • Gross Receipts: $7,396

Assets and Liabilities:

  • Total Assets: $390,425
  • Total Liabilities: $0
  • Net Assets: $390,425

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Organization Details

Founding Year

1997

Principal Officer

Patrick Long

Main Address

33201 SE PEORIA RD, CORVALLIS, OR, 97333

NTEE Category

Code: T22 - Philanthropy

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