Vinacapital Foundation
- Assets
- $2.3m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 21
- Location
- Highlands, NC
- Founding
- 04/2008
- Data as of
- 12/2021
- EIN
- 20-8986703
Organization Overview
Vinacapital Foundation is located in Highlands, NC. The organization was established in 2008. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Vinacapital Foundation employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vinacapital 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, Vinacapital Foundation generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 12.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE VINACAPITAL FOUNDATION'S MISSION IS TO EMPOWER THE YOUTH AND CHILDREN OF VIETNAM BY PROVIDING THE OPPORTUNITIES FOR GROWTH THROUGH HEALTH & EDUCATION PROJECTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMPROVING HEALTHCARE ACCESS & OUTCOMES
IMPROVING CAPACITY FOR PEDIATRIC & CARDIAC CARE THROUGH EQUIPMENT AND TRAINING
EDUCATION FOR DISADVANTAGED CHILDREN AND YOUTH
OTHER PROGRAMS FOR CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Kivette Jesse Walter Radman Ceo, Exec. D | OfficerTrustee | 40 | $93,625 |
Mrs Robin King Austin Vice-Chairwo | OfficerTrustee | 1 | $0 |
Mr Don Di Lam Chairman | OfficerTrustee | 1 | $0 |
Mr Brook Taylor Treasurer | OfficerTrustee | 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 | $2,550,565 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,550,565 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $2,550,565 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $0 |
| Office expenses | $0 |
| 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 | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $156,797 |
| Total functional expenses | $2,962,421 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,709,722 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $522,984 |
| 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 | $5,264 |
| Net Land, buildings, and equipment | $87,064 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,325,034 |
| Accounts payable and accrued expenses | $137,079 |
| Grants payable | $0 |
| 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 | $65,482 |
| Total liabilities | $202,561 |
| Net assets without donor restrictions | $2,122,473 |
| 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 | $2,325,034 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Vinacapital Foundation has recieved totaling $36,198.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $25,967 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $10,221 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Leprosy Missions Inc Greenville, SC | $13,933,685 | $11,713,993 |
Bank Of Sweden Tercentenary Foundation Atlanta, GA | $1,577,216,718 | $144,244,925 |
Asia Harvest Winston Salem, NC | $3,139,213 | $8,431,865 |
Mully Childrens Family Usa Inc Alpharetta, GA | $1,079,646 | $4,196,632 |
Vinacapital Foundation Highlands, NC | $2,325,034 | $2,550,565 |
Novak Djokovic Foundation Usa Mooresville, NC | $1,770,113 | $619,559 |
Hands Along The Nile Development Services Inc Alexandria, VA | $806,843 | $901,029 |
Simones Kids Inc Cartersville, GA | $466,346 | $762,427 |
Rayo De Sol Inc Atlanta, GA | $748,737 | $614,503 |
Parakaleo International Clover, SC | $475,742 | $825,058 |
Solidarity Mission Africa For Reconciliation And Development Brentwood, TN | $139,146 | $415,814 |
Mission Encounters International Inc Kill Devil Hills, NC | $188,312 | $226,013 |