Overview
What is Philanthropic Ventures Foundation?
The Philanthropic Ventures Foundation (PVF) is a California-based nonprofit organization with a mission to maximize the impact of philanthropy through radical collaboration with creative donors and community partners. With a team of ten dedicated individuals, PVF provides valuable insights and trusted advice to donors, shaping their charitable giving and fostering long-term relationships. Their unique approach and vision for philanthropy have been widely shared through their book "Grassroots Philanthropy," public speaking engagements, and teaching initiatives. PVF's staff maintains constant communication with grantees to advocate for their success and ensure the effectiveness of their work.
Official website here: www.venturesfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars) on Charity Navigator
Philanthropic Ventures Foundation has achieved a perfect score of 100%, reflecting its strong accountability and financial practices. The organization boasts an independent board with a majority of members (88%) and a well-structured audit and oversight committee, which contributes to its high rating. It excels in all evaluated financial metrics, including a remarkable program expense ratio of 97.76%, indicating a substantial focus on its mission-driven activities.
The foundation has a commendable fundraising efficiency, with no costs incurred for fundraising activities, reinforcing its commitment to maximizing resources for its programs. Furthermore, the organization adheres to best practices with comprehensive policies on conflicts of interest, whistleblowing, and document retention, all of which are readily available on its website. This transparency fosters trust and confidence among stakeholders.
While the data highlights the foundation's strengths in governance and financial health, no significant limitations were noted. The organization appears to be well-managed and effectively utilizes its resources to achieve its philanthropic goals, making it a reliable choice for potential donors looking to support impactful initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Philanthropic Ventures Foundation legitimate?
Philanthropic Ventures Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Philanthropic Ventures 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: $335,264
Professional Fundraising Fees: $0
Other Salaries and Wages: $227,958
For more financial information, click here
Official website here: www.venturesfoundation.org
What is the mission statement of Philanthropic Ventures Foundation?
The Philanthropic Ventures Foundation (PVF) is dedicated to fostering creative collaboration between donors and community partners in the realm of grassroots philanthropy. By embracing radical collaboration, PVF aims to maximize the impact of charitable giving. The organization is recognized as a trusted advisor to many donors, having built long-term relationships and shaped their charitable giving strategies. PVF's unique approach to philanthropy, as outlined in their book "Grassroots Philanthropy," has garnered widespread attention and acceptance through public speaking engagements and teaching. PVF maintains ongoing communication with its grantees, acting as an advocate to help them succeed in their endeavors.
Official website here: www.venturesfoundation.org
Who is the CEO of Philanthropic Ventures Foundation?
James Higa is the President/Founder of Philanthropic Ventures Foundation.
Official website here: www.venturesfoundation.org
What is the revenue of Philanthropic Ventures Foundation?
Philanthropic Ventures Foundation's revenue in 2022 was $22,915,613.
Official website here: www.venturesfoundation.org
Who are the executives of Philanthropic Ventures Foundation and what are their salaries?
The average compensation at Philanthropic Ventures Foundation during 2022 was $56,322. There are 10 employees and 8 volunteers at Philanthropic Ventures Foundation.
Here are 10 key members and their salaries:
- Compensation: $125,000
- Related: $0
- Other: $10,152
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $175,000
- Related: $0
- Other: $25,113
Official website here: www.venturesfoundation.org
Where can I find the form 990 for Philanthropic Ventures Foundation?
Philanthropic Ventures Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.venturesfoundation.org
Learn more at the official website: www.venturesfoundation.org
Mission Statement of Philanthropic Ventures Foundation
Philanthropic Ventures Foundation (PVF) is a pioneering organization that bridges the gap between creative donors and community partners in grassroots philanthropy through radical collaboration. This innovative approach to philanthropy sets PVF apart, bringing a unique perspective to the sector and maximizing its impact.
The Foundation has forged long-term relationships with donors, shaping their charitable giving and becoming trusted philanthropic advisors. PVF's unconventional approach and vision for philanthropy have gained widespread recognition, as evident in their recent book, "Grassroots Philanthropy," public speaking engagements, and teaching sessions.
PVF's staff plays a crucial role in advocating for the success of its grantees, maintaining constant communication to ensure their initiatives thrive. This collaborative spirit is at the heart of PVF's mission, engaging donors and community partners in a meaningful and transformative way to create lasting change.
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Impact
October, 2024
Philanthropic Ventures Foundation (PVF) has made a significant impact by redefining how philanthropy is approached and implemented. By fostering grassroots philanthropy through radical collaboration, PVF engages creative donors and community partners to create meaningful change.
The organization serves as a trusted advisor to donors, helping them shape their charitable giving strategies. This long-term relationship building enhances the effectiveness of philanthropic initiatives and ensures that donor contributions are aligned with community needs. PVF’s unique perspective on philanthropy has been disseminated through various platforms, including their book "Grassroots Philanthropy," public speaking engagements, and educational efforts, broadening their influence in the sector.
Moreover, PVF maintains constant communication with its grantees, acting as an advocate for their success. This hands-on approach ensures that the voices of those directly impacted by philanthropy are heard and that the support provided is relevant and effective. Through these efforts, PVF has established itself as a valuable resource in the philanthropic landscape, championing a more inclusive and impactful approach to charitable giving.
This information is meant to be a general summary of Philanthropic Ventures 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 2022.
- Investment Income: $472,587
- Gross Receipts: $31,920,805
Assets and Liabilities:
- Total Assets: $32,597,542
- Total Liabilities: $2,540,660
- Net Assets: $30,056,882
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Organization Details
Founding Year
1991
Phone
(510) 645-1890Principal Officer
James Higa
Main Address
1222 PRESERVATION PARK WAY, OAKLAND, CA, 946121201
Website
www.venturesfoundation.orgNTEE Category
Code: T500 - Philanthropy
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