The Medarva Foundation
- Assets
- $234.2k
- Revenue
- $160.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 16-1628388
Organization Overview
The Medarva Foundation, operating under the name Medarva Foundation, is located in Richmond, VA. The organization was established in 2006. According to its NTEE Classification (T01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Medarva Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Medarva Foundation generated $160.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $75.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (19.0%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Medarva Foundation has awarded 48 individual grants totaling $2,637,474. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RICHMOND EYE & EAR FOUNDATION OPERATES IN DIRECT SUPPORT OF THECHARITABLE PURPOSE OF ITS SUPPORTED ORGANIZATION, RICHMOND EYE AND EARHEALTHCARE ALLIANCE. RICHMOND EYE AND EAR HEALTHCARE ALLIANCE (REEHA)OFFERS LOW VISION REHABILITATION SERVICE TO VISUALLY IMPAIRED, TEACHINGPATIENTS TO USE THEIR REMAINING VISION MORE EFFICIENTLY. THE LOW VISIONCLINIC SERVES MORE THAN 900 PATIENTS. RICHMOND EYE & EAR CONTINUES TOPROVIDE THIS SERVICE DESPITE TRADITIONALLY HIGH OPERATING COSTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RICHMOND EYE & EAR FOUNDATION OPERATES IN DIRECT SUPPORT OF THE CHARITABLE PURPOSE OF ITS SUPPORTED ORGANIZATION, RICHMOND EYE AND EAR HEALTHCARE ALLIANCE (REEHA). REEHA PROVIDES FREE VISION AND HEARING SCREENINGS FOR PRE KINDERGARTEN CHILDREN TO INCREASE ACCESS TO CARE FOR CHILDREN AND TO HELP THEM SEE AND HEAR AS WELL AS THEIR CLASSMATES. THE PROGRAM PROVIDES FREE MOBILE SCREENINGS, IN ADDITION TO EDUCATIONAL INFORMATION REGARDING THE IMPORTANCE OF VISUAL AND AUDITORY HEALTH, AND SEEKS TO BREAK DOWN BARRIERS TO CARE SUCH AS LANGUAGE, TRANSPORTATION, LOW INCOME OR THE LACK OF INSURANCE. REEHA SCREENING ASSISTANTS DETECT POTENTIAL VISUAL AND AUDITORY PROBLEMS AND REPORT ANY NECESSARY REFERRALS. DETECTINGTHESE ISSUES AT AN EARLY AGE IS CRITICAL FOR ACADEMIC SUCCESS. MORE THAN 18,000 CHILDREN HAVE BEEN SCREENED SINCE THE PROGRAM'S INCEPTION IN FALL 2015. 17% OF THE CHILDREN SCREENED WERE REFERRED TO A PHYSICIAN FOR VISION, HEARING, OR BOTH. 80% OF CHILDREN REFERRED RECEIVED FOLLOW-UP CARE.RICHMOND EYE AND EAR HEALTHCARE ALLIANCE PROVIDES GRANTS TO RICHMOND EYE AND EAR FOUNDATION FOR THE EXPRESS PURPOSE OF HAVING RICHMOND EYE AND EAR HEALTH FOUNDATION USE THE MONEY TO PROVIDE EDUCATIONAL, CHARITABLE, AND SUPPORT SERVICES TO THE COMMUNITY. RICHMOND EYE AND EAR FOUNDATION'S OPERATIONS AND GRANT MAKING ACTIVITIES PROVIDED SERVICES TO COMMUNITY HEALTH INITIATIVES, INCLUDING:EDUCATION AND OUTREACH VISION AND HEARING - (A) OPERATING SUPPORT AND FUNDING FOR INCREASED OUTREACH ACTIVITIES FOR MORE THAN 2,500 PRINT-DISABLED INDIVIDUALS, INCLUDING RADIOS AND THE READING OF CURRENT PRINTED (B) SUPPORT OF THE PARENT-CHILD ADVOCATE PROGRAM FOR DEAF AND HARD OF HEARING COMMUNITY COUNSELING SERVICES, SERVING OVER 55 FAMILIES, INCLUDING 150 INDIVIDUALS (C) PROVIDE VISION, HEARING, AND DENTAL SCREENINGS, AND FITNESS ASSESSMENTS TO THOSE WITH INTELLECTUAL DISABILITIES. (D) SUPPORTING FREE CLINIC FOR MORE THAN 6,800 UNINSURED INDIVIDUALS.RESEARCH GRANTS - FUNDS TO SUPPORT RESEARCH STUDIES BY MAJOR TEACHING INSTITUTIONS IN THE AREAS OF USHER SYNDROME, NOCTURNAL ENURESIS, AND CHRONIC RHINOSINUSITIS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Bruce P Kupper CEO | Officer | 1 | $0 |
Mr John Headley CFO | Officer | 1 | $0 |
Mrs Cherry Peters Director | Trustee | 1 | $0 |
Mr Peter Pastore Director | Trustee | 1 | $0 |
Mrs Cheryl Jarvis Director | Trustee | 1 | $0 |
Ms Joanne Wiley Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $160,101 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $160,101 |
| Total Program Service Revenue | $0 |
| Investment income | $9 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $160,110 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $72,625 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,500 |
| Office expenses | $549 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $308 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $74,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,848 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $219,371 |
| Total assets | $234,219 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $197,352 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $197,352 |
| Net assets without donor restrictions | $36,867 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $234,219 |
Grants Awarded
Over the last fiscal year, The Medarva Foundation has awarded $77,625 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Richmond, VA PURPOSE: FREE CLINIC PROJECT | $67,625 |
Richmond, VA PURPOSE: OPERATIONAL SUPPORT | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that The Medarva Foundation has recieved totaling $165,250.
| Awarding Organization | Amount |
|---|---|
Richmond Eye & Ear Healthcare Alliance Richmond, VA PURPOSE: PROGRAM OPERATIONS | $150,000 |
Dominion Energy Charitable Foundation Richmond, VA PURPOSE: MEDARVA VISION AND HEARING SCREENING PROGRAM | $10,000 |
The Community Foundation Inc Richmond, VA PURPOSE: THE 2020 ANNUAL FUND,GENERAL PURPOSES,VISION SCREENING PROGRAMS | $5,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Neighbors Charlottesville, VA | $278,884 | $691,411 |
Dawn Foundation Inc Ashburn, VA | $20,000 | $345,000 |
Giving Institute Leading Consultants To Non Profits Inc McLean, VA | $372,204 | $360,713 |
Jmjc Foundation Vienna, VA | $4,918,096 | $221,206 |
National Balloon Rally Charities Inc Statesville, NC | $302,489 | $60,955 |
Lake Of The Woods Lions Club Foundation Inc Locust Grove, VA | $290,070 | $0 |
Cin Inc Raleigh, NC | $107,898 | $0 |
The Medarva Foundation Richmond, VA | $234,219 | $160,110 |
Memorial Fund Of Lillian V Weimer And Louis F Weimer Wheeling, WV | $507,899 | $81,842 |
Elikan Fund Wheeling, WV | $635,566 | $75,676 |
Levis Legacy Blountville, TN | $27,934 | $0 |
Beth And Lee Williams Foundation Wilmington, NC | $78,938 | $9,632 |