Vystar Community Foundation Inc

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

EIN: 872247208 ✦ Jacksonville, FL ✦ Designated as a 501(c)(3)

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Overview

What is Vystar Community Foundation Inc?

Vystar Community Foundation Inc, situated in Jacksonville, Florida, is an ambitious nonprofit organization with plans to commence its grant distribution in Q1 2023. To ensure effective fund dissemination into the nonprofit sector, they have formulated grant and sponsorship funding guidelines, along with standard operating procedures. Their funding strategy is well-defined, outlining priority areas, grant cycles, application processes, and funding opportunities. The foundation's ultimate goal is to contribute positively to the local community by allocating funds to deserving nonprofit organizations.

Is Vystar Community Foundation Inc legitimate?

Vystar Community Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vystar Community Foundation Inc submitted a form 990EZ, 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.

What is the mission statement of Vystar Community Foundation Inc?

The Vystar Community Foundation is committed to initiating its operations and launching its first grant cycle in the first quarter of 2023. To accomplish this, they have established grant and sponsorship funding guidelines, and standard operating procedures to ensure efficient distribution of funds within the nonprofit sector. They have also developed a funding strategy and guidelines, which outline priority areas, grant cycles, application processes, and funding opportunities. The foundation's primary goal is to disperse funds effectively into the nonprofit community.

Who is the CEO of Vystar Community Foundation Inc?

Patricia Mcelroy is the President of Vystar Community Foundation Inc.

What is the revenue of Vystar Community Foundation Inc?

Vystar Community Foundation Inc's revenue in 2022 was $250.

Who are the executives of Vystar Community Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Brian Wolfburg (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Meadows (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Mcelroy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dana Karzan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Vystar Community Foundation Inc?

Vystar Community Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Vystar Community Foundation Inc

The Vystar Community Foundation is committed to bringing its operations to life and initiating its first grant cycle in Q1 2023. To achieve this goal, the foundation meticulously develops grant and sponsorship funding guidelines, along with standard operating procedures, ensuring the efficient distribution of funds into the nonprofit community. Additionally, the foundation formulates a strategic funding approach, which includes identifying priority areas, defining grant cycles, outlining application processes, and specifying funding opportunities. The mission of the Vystar Community Foundation is to effectively channel resources into the nonprofit sector, thereby contributing to the betterment of various communities.

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Impact




October, 2024

Vystar Community Foundation Inc is poised to make a significant impact in Jacksonville, FL, by enhancing the support and resources available to the nonprofit community. With the launch of their first grant cycle in Q1 2023, the foundation aims to empower various organizations by providing essential funding through well-structured grant and sponsorship guidelines.

Their commitment to establishing comprehensive standard operating procedures ensures that funds are effectively and transparently disseminated, allowing nonprofits to focus on their missions. By identifying priority areas and funding opportunities, the foundation is strategically positioned to address critical community needs, particularly in the realm of education.

The ongoing development of funding strategies and application processes will facilitate access to resources, enabling local nonprofits to implement impactful programs that enhance educational outcomes and overall community well-being. The Vystar Community Foundation is set to be a vital player in strengthening the nonprofit sector in Jacksonville, fostering collaboration, innovation, and sustainability in community initiatives.




This information is meant to be a general summary of Vystar Community 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.

Revenue
$250 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $250
  • Gross Receipts: $250

Assets and Liabilities:

  • Total Assets: $250,253
  • Total Liabilities: $0
  • Net Assets: $250,253

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Organization Details

Principal Officer

Patricia Mcelroy

Main Address

76 S LAURA ST, JACKSONVILLE, FL, 32202

NTEE Category

Code: B12 - Education

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