Overview
What is Verein Zur Veranstaltung Und Forderung Des Willem C Vis International?
Verein Zur Veranstaltung Und Forderung Des Willem C Vis International is a nonprofit organization based in Vienna, Austria, primarily known for organizing the Willem C Vis International Commercial Arbitration Moot. This annual competition encourages law students worldwide to engage with international commercial law and arbitration. The organization's mission is to promote and foster legal knowledge, particularly regarding international trade conventions like the UN Sales Convention, the New York Convention 1958, and letters of credit. The event, which attracts over 370 university teams from 88 countries, is the only activity undertaken by the association. It relies on over 1,000 volunteer arbitrators who contribute their time and expertise to the event's success.
Official website here: www.vismoot.org
Is Verein Zur Veranstaltung Und Forderung Des Willem C Vis International legitimate?
Verein Zur Veranstaltung Und Forderung Des Willem C Vis International is a legitimate nonprofit organization registered as a 501(c)(3) entity. Verein Zur Veranstaltung Und Forderung Des Willem C Vis International 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: $57,070
For more financial information, click here
Official website here: www.vismoot.org
What is the mission statement of Verein Zur Veranstaltung Und Forderung Des Willem C Vis International?
The Verein Zur Veranstaltung Und Forderung Des Willem C Vis International aims to organize and promote an annual competition for law students globally, focusing on international commercial law and arbitration. The primary purpose of this event is to extend the understanding of legal provisions related to international trade, such as the UN Sales Convention, the New York Convention 1958, and letters of credit. This competition serves as an educational endeavor, fostering knowledge and skills in these areas among participating law students. The Verein's only activity is organizing the Vis Moot, which attracts numerous teams and individuals from various countries. The judging process involves over 1,000 arbitrators who volunteer their time to evaluate the arguments and memorandums submitted by the participating teams.
Official website here: www.vismoot.org
Who is the CEO of Verein Zur Veranstaltung Und Forderung Des Willem C Vis International?
Prof Patricia Shaughnessy is the President of Verein Zur Veranstaltung Und Forderung Des Willem C Vis International.
Official website here: www.vismoot.org
What is the revenue of Verein Zur Veranstaltung Und Forderung Des Willem C Vis International?
Verein Zur Veranstaltung Und Forderung Des Willem C Vis International's revenue in 2023 was $547,382.
Official website here: www.vismoot.org
Who are the executives of Verein Zur Veranstaltung Und Forderung Des Willem C Vis International and what are their salaries?
The average compensation at Verein Zur Veranstaltung Und Forderung Des Willem C Vis International during 2023 was $57,070. There is 1 employee and 1000 volunteers at Verein Zur Veranstaltung Und Forderung Des Willem C Vis International.
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Official website here: www.vismoot.org
Where can I find the form 990 for Verein Zur Veranstaltung Und Forderung Des Willem C Vis International?
Verein Zur Veranstaltung Und Forderung Des Willem C Vis International's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vismoot.org
Learn more at the official website: www.vismoot.org
Mission Statement of Verein Zur Veranstaltung Und Forderung Des Willem C Vis International
Verein Zur Veranstaltung Und Forderung Des Willem C Vis International, in simpler terms, is dedicated to organizing and advocating for an annual competition focused on international commercial law and arbitration. The primary objective of this nonprofit organization is to extend the understanding of legal provisions regarding international trade, such as the UN Sales Convention, the New York Convention 1958, and letters of credit. By hosting this competition, the Verein aims to provide a platform for law students worldwide to showcase their skills in this field, thereby fostering a global network of legal professionals well-versed in international commercial law and arbitration.
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Impact
October, 2024
The Verein Zur Veranstaltung Und Forderung Des Willem C Vis International significantly enhances legal education and expertise in international commercial law and arbitration through its organization of the Willem C. Vis International Commercial Arbitration Moot. This prestigious competition draws participation from 373 university teams across 88 countries, engaging approximately 2,500 students annually. By facilitating the moot, it provides law students with a unique platform to apply their legal knowledge in realistic scenarios, honing their advocacy and analytical skills.
The presence of over 1,000 volunteer arbitrators from diverse legal backgrounds further enriches the experience, as they judge the arguments and memoranda submitted by the competing teams. This interaction allows students not only to receive critical feedback but also to network with experienced professionals in the field of international arbitration.
Furthermore, the moot plays a crucial role in promoting understanding of important legal instruments, such as the UN Sales Convention and the New York Convention of 1958. Through this educational endeavor, the Verein fosters a greater awareness of the complexities of international trade law, thereby preparing the next generation of legal professionals for careers in global dispute resolution. The impact is profound, as it bridges theoretical knowledge with practical application while cultivating a community of future leaders in international commercial law.
This information is meant to be a general summary of Verein Zur Veranstaltung Und Forderung Des Willem C Vis International. 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.
- Program Service Revenue: $339,224
- Gross Receipts: $547,382
Assets and Liabilities:
- Total Assets: $528,909
- Total Liabilities: $46,830
- Net Assets: $482,079
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TEAM REGISTRATION
Revenue
$297,575
TICKET SALES
Revenue
$41,649
Organization Details
Founding Year
2007
Principal Officer
Prof Patricia Shaughnessy
Website
www.vismoot.orgNTEE Category
Code: B99 - Education
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