Overview
What is Veritas Foundation?
The Veritas Foundation, located in Carnation, Washington, is a charitable organization that adheres to a mission of offering both financial and spiritual assistance. They aim to alleviate hunger, provide shelter for the needy, and clothe the impoverished, while also spreading the teachings of God globally. In addition to these endeavors, the foundation has conducted projects in Sierra Leone, specifically constructing a church and accommodations for the Sierra Leone Association for the Blind.
Official website here: www.veritas-foundation.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Stars
The Veritas Foundation has achieved an impressive 97% overall score, earning a Four-Star rating, which reflects its strong performance in accountability and finance. This rating is determined solely by the foundation's stellar financial practices, indicating a commitment to transparency and responsible stewardship of donor funds. The charity has maintained a 0.00% liabilities to assets ratio, demonstrating solid financial health.
The foundation showcases multiple strengths, including a fully independent board composed of six members, and it has implemented rigorous policies for conflict of interest, whistleblower protection, and document retention. These factors contribute to a high level of governance and ethical practice, instilling confidence among donors and stakeholders. Additionally, the majority of its expenses, at 79.44%, are allocated directly to its programs, suggesting a focus on mission-driven work.
Despite its many strengths, the summary does not indicate any specific limitations or areas for improvement. Overall, the Veritas Foundation stands out as a well-managed organization with a robust framework for accountability, making it a commendable choice for potential donors looking to support meaningful initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Veritas Foundation legitimate?
Veritas Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veritas 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.veritas-foundation.com
What is the mission statement of Veritas Foundation?
The Veritas Foundation's mission is centered around providing assistance in various forms to those in need. This encompasses offering financial aid, essential materials, and spiritual guidance to alleviate hunger, provide shelter, clothe the destitute, and spread the message of God's Word to different parts of the world. As an example of their work, the foundation has constructed a church and supplied housing for the Sierra Leone Association for the Blind.
Official website here: www.veritas-foundation.com
What is the revenue of Veritas Foundation?
Veritas Foundation's revenue in 2023 was $85,780.
Official website here: www.veritas-foundation.com
Who are the executives of Veritas Foundation and what are their salaries?
There 40 volunteers at Veritas Foundation.
Here are 6 key members and their salaries:
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Official website here: www.veritas-foundation.com
Where can I find the form 990 for Veritas Foundation?
Veritas Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.veritas-foundation.com
Learn more at the official website: www.veritas-foundation.com
Mission Statement of Veritas Foundation
Veritas Foundation is an organization committed to providing assistance in various forms to those in need. Their mission is centered around three main aspects: offering financial aid, providing necessary materials, and spreading spiritual guidance. The foundation aims to alleviate hunger, offer shelter to the homeless, and clothe the destitute. Beyond these tangible support services, Veritas Foundation also strives to bring God's Word to communities worldwide. This comprehensive approach to aid allows the foundation to make a significant impact on the lives of those it serves.
As evidence of its mission, Veritas Foundation has undertaken various projects. Among these, the construction of a church and the provision of housing for the Sierra Leone Association for the Blind stand out as notable achievements. By building a place of worship, the foundation not only provided a spiritual refuge but also demonstrated its commitment to supporting the community in its entirety. The housing project, specifically designed for the visually impaired, showcases Veritas Foundation's dedication to ensuring equal opportunities and accessibility for all individuals, regardless of their circumstances.
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Impact
October, 2024
Veritas Foundation significantly impacts communities by addressing the fundamental needs of the vulnerable. Through initiatives aimed at feeding the hungry, sheltering the poor, and providing clothing for the destitute, the Foundation enhances the quality of life for those in need.
Notably, it has constructed a church and provided housing for the Sierra Leone Association for the Blind, demonstrating a commitment to both spiritual and practical support. Its mission encompasses not only immediate relief but also a broader goal of sharing hope and faith throughout the world, making a profound difference in the lives of many.
This information is meant to be a general summary of Veritas 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 2023.
- Investment Income: $63
- Gross Receipts: $85,780
Assets and Liabilities:
- Total Assets: $83,002
- Total Liabilities: $0
- Net Assets: $83,002
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Organization Details
Founding Year
2020
Principal Officer
Hailey Roberts
Website
www.veritas-foundation.comNTEE Category
Code: T50 - Philanthropy
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