Vizient Foundation Inc
- Assets
- $449.7k
- Revenue
- $83.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Irving, TX
- Founding
- 01/1988
- Data as of
- 12/2023
- EIN
- 22-2710552
Organization Overview
Vizient Foundation Inc is located in Irving, TX. The organization was established in 1988. According to its NTEE Classification (E90) the organization is classified as: Nursing, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vizient Foundation Inc 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 12/2023, Vizient Foundation Inc generated $83.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $71.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (15.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Vizient Foundation Inc has awarded 38 individual grants totaling $560,000. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Byron Jobe Chair | 0 | $0 | |
Franco Dooley Treasurer | 0 | $0 | |
Collen Risk Secretary Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $83,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $83,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $28,163 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $2,842 |
| Interest | $0 |
| Taxes | $2,486 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $377 |
| Total operating and administrative expenses | $33,868 |
| Contributions, gifts, grants paid | $38,000 |
| Total expenses and disbursements | $71,868 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $449,669 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $449,669 |
| Accounts payable and accrued expenses | $20,876 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $20,876 |
Grants Awarded
Over the last fiscal year, Vizient Foundation Inc has awarded $38,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ST BERNARDS PURPOSE: ARKANSAS TORNADO DISASTER RELIEF REQUEST | $2,500 |
DELTA HEALTH SYSTEM- THE MEDICAL CENTER PURPOSE: ROLLING FORK TORNADO DISASTER RELIEF REQUEST | $500 |
MAUI HEALTH FOUNDATION PURPOSE: MAUI WILDFIRES | $10,000 |
SOUTH GEORGIA MEDICAL (SGMC HEALTH - MAIN) PURPOSE: HURRICANE IDALIA DISASTER RELIEF REQUEST | $25,000 |