Visionfund International
- Assets
- $247.5m
- Revenue
- $28.4m
- Investments
- $0.0
- Employees
- 90
- Location
- Monrovia, CA
- Founding
- 05/2004
- Data as of
- 09/2021
- EIN
- 22-3900800
Organization Overview
Visionfund International is located in Monrovia, CA. The organization was established in 2004. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2021, Visionfund International employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Visionfund International 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 09/2021, Visionfund International generated $28.4m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $21.5m during the year ending 09/2021. 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
VISIONFUND INTERNATIONAL (VF) WAS ESTABLISHED FOR THE PURPOSE OF SUPPORTING WORLD VISION INTERNATIONAL (WVI) BY COORDINATING AND PROVIDING FUNDING TO WV-AFFILIATED MICROFINANCE INSTITUTIONS LOCATED IN DEVELOPING COUNTRIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MICRO-ENTERPRISE LENDING - VISIONFUND INTERNATIONAL EXTENDS LOANS TO AFFILIATED MICROFINANCE INSTITUTIONS (MFIS) LOCATED IN UNDERDEVELOPED COUNTRIES AS PART OF WORLD VISION INTERNATIONAL'S GLOBAL MINISTRY OF AIDING PEOPLE TO ALLEVIATE POVERTY AND BETTER THEIR LIVES. AT SEPT. 30, 2021, THE LOANS TO MFIS TOTALED $93,986,315 COMPARED TO $108,108,884 AT THE END OF FISCAL YEAR 2020.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edgar S Martinez Board Of Director / President & CEO | OfficerTrustee | 40 | $345,025 |
Christopher Laurent Chief Finance Officer | Officer | 40 | $217,490 |
Richard Reynolds Global Director Of Operations & Portfolio | 40 | $212,340 | |
Adrian Merryman Chief Development And Impact Investment Officer | 40 | $197,222 | |
Miyon Kautz Marketing And Engagement Director | 40 | $191,686 | |
Karen Parchman Talent & Leadership Director | 40 | $153,268 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Software Group Ltd Systems Banking Services | 9/29/21 | $386,875 |
Kpmg Llp Audit Services | 9/29/21 | $233,092 |
Temenos Holdings Systems Banking Services | 9/29/21 | $299,912 |
Bankbi Uk Limited Systems Banking Services | 9/29/21 | $528,262 |
Rjb Systems Inc Systems Banking Services | 9/29/21 | $531,798 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $6,069,029 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,966,887 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,035,916 |
| Total Program Service Revenue | $16,546,984 |
| 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 | $28,379,048 |
| 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 | $3,341,059 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $473,920 |
| Compensation of current officers, directors, key employees. | $473,920 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,918,502 |
| Pension plan accruals and contributions | $244,296 |
| Other employee benefits | $1,617,495 |
| Payroll taxes | $370,595 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $85,656 |
| 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 | $444,156 |
| Information technology | $1,147,739 |
| Royalties | $0 |
| Occupancy | $277,793 |
| Travel | $96,250 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $26,133 |
| Interest | $3,633,887 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $21,524,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,852,094 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,732,748 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $93,986,315 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,139,797 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $112,047,951 |
| Intangible assets | $0 |
| Other assets | $4,754,325 |
| Total assets | $247,513,230 |
| Accounts payable and accrued expenses | $4,700,989 |
| Grants payable | $0 |
| Deferred revenue | $33,198 |
| 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 | $55,265,313 |
| Other liabilities | $1,385,621 |
| Total liabilities | $61,385,121 |
| Net assets without donor restrictions | $183,120,306 |
| Net assets with donor restrictions | $3,007,803 |
| 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 | $247,513,230 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Visionfund International has recieved totaling $11,800.
| Awarding Organization | Amount |
|---|---|
Accion International Washington, DC PURPOSE: program assistance | $11,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kataly Foundation San Francisco, CA | $408,915,933 | $67,773,441 |
The Skoll Fund Mountain View, CA | $894,684,857 | $96,699,445 |
Campus Facilities Improvement Association San Francisco, CA | $426,351,134 | $28,084,367 |
The Fuller Foundation Pasadena, CA | $257,941,250 | $19,125,152 |
Visionfund International Monrovia, CA | $247,513,230 | $28,379,048 |
Ocf Joseph E Weston Public Foundation Portland, OR | $550,802,794 | $13,792,655 |
Neubauer Family Charitable Trust Mountain View, CA | $307,054,683 | $23,995,522 |
Donald B Tanklage And Carole F Tanklage Foundation Novato, CA | $0 | $160,782 |
Pih Health Inc Whittier, CA | $139,222,706 | $19,647,393 |
The Polis Schutz Family Foundation San Diego, CA | $0 | $260,315 |
Tikun Olam Foundation Los Angeles, CA | $90,556,232 | $8,190,584 |
Burton Family Foundation Phoenix, AZ | $142,839,047 | $129,470,588 |