Overview
What is American Vineyard Foundation?
The American Vineyard Foundation is a nonprofit organization, headquartered in Napa, California, with a primary focus on promoting research in viticulture and enology at the university level. Their mission is to foster collaboration within the grape and wine industries, striving to maintain industry progress. They achieve this by relying on voluntary industry support for research funding. The organization's main activity is granting funds to universities for these specific research purposes, with all other expenses being attributed to this program. The American Vineyard Foundation serves as a vital catalyst for the advancement of knowledge and innovation in the grape and wine sectors.
Official website here: www.avf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (66%)
The American Vineyard Foundation has received a two-star rating from Charity Navigator, indicating that there are notable areas for improvement in its operations. With an overall score of 66%, the organization does have strengths in its financial management, particularly a high program expense ratio of 91.65%, suggesting that a significant portion of its budget is directed towards its programs.
However, the foundation faces serious challenges in terms of governance and transparency. Notably, there are no independent board members, which raises concerns about oversight. Additionally, while the organization has policies for conflict of interest, whistleblower protections, and document retention, it lacks crucial financial transparency, as its financial statements are missing from its website and no independent board presence is evident.
In terms of financial stability, the organization has a favorable liabilities to assets ratio of 0.00%, indicating it has no liabilities. Nevertheless, the lack of independent oversight and missing financial documents may hinder potential donors' trust and support, highlighting the need for the organization to enhance its governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is American Vineyard Foundation legitimate?
American Vineyard Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Vineyard 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:
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Other Salaries and Wages: $86,470
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Official website here: www.avf.org
What is the mission statement of American Vineyard Foundation?
The American Vineyard Foundation serves as a pioneer in fostering advancements within the grapevine and winemaking sectors at the university level. Acting as a non-profit organization, it leverages voluntary industry support for financing research projects. The foundation's primary mission is to encourage collaboration among the grape and wine industries through collective research endeavors. By providing grants to universities specializing in viticulture and enology, the American Vineyard Foundation plays a crucial role in driving industry progress. Its main objective is to fund research in these fields, with all other expenses attributable to this program.
Official website here: www.avf.org
What is the revenue of American Vineyard Foundation?
American Vineyard Foundation's revenue in 2024 was $1,602,760.
Official website here: www.avf.org
Who are the executives of American Vineyard Foundation and what are their salaries?
The average compensation at American Vineyard Foundation during 2024 was $43,235. There are 2 employees at American Vineyard Foundation.
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Official website here: www.avf.org
Where can I find the form 990 for American Vineyard Foundation?
American Vineyard Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.avf.org
Learn more at the official website: www.avf.org
Mission Statement of American Vineyard Foundation
The American Vineyard Foundation, a non-profit organization, plays a pivotal role in fostering progress within the grape and wine industries. Its mission is to encourage research in the fields of viticulture and enology at the university level. By unifying these industries through collaborative research efforts, the American Vineyard Foundation serves as a beacon for maintaining industry advancements. This organization relies on voluntary industry support to fund its research projects, thereby demonstrating its commitment to the betterment of the grape and wine sectors. The American Vineyard Foundation grants funds to universities for conducting research in viticulture and enology, with all other expenses attributable to this program.
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Impact
July, 2024
The American Vineyard Foundation's impact lies in its pivotal role as a leader in advancing the grape and wine industries through collaborative research efforts. By providing grants to universities for research on viticulture and enology, the foundation contributes to the progress and innovation within the industry. This support for research at the university level not only encourages scientific exploration but also unifies the grape and wine industries towards common goals. Through its unique programs and voluntary industry support, the American Vineyard Foundation significantly contributes to the development and sustainability of the viticulture and enology sectors.
This information is meant to be a general summary of American Vineyard 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 2024.
- Investment Income: $116,465
- Gross Receipts: $1,602,760
Assets and Liabilities:
- Total Assets: $3,293,830
- Total Liabilities: $0
- Net Assets: $3,293,830
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Organization Details
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