Vitae Global Foundation is located in Miami, FL. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vitae Global Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF VITAE GLOBAL FOUNDATION IS TO POSITIVELY IMPACT YOUNG PEOPLE'S HEARTS AND HELP THEM RECONNECT WITH THEIR SPIRITUALITY AND CORE VALUES THROUGH ARTS, MEDIA & ENTERTAINMENT MASSIVE INITIATIVES. WE BELIEVE THAT BEHIND ALL CRISES WE FACE IN THE WORLD TODAY THERE IS AN UNDERLYING SPIRITUAL CRISIS TAKING PLACE IN PEOPLE'S HEARTS. THAT'S WHY WE LEVERAGE THE POWER OF ARTS, ENTERTAINMENT AND STORIES AT A GLOBAL & MASSIVE SCALE TO INSPIRE YOUNGER GENERATIONS AND EMPOWER THEM TO TRANSFORM CULTURE WITH LOVE, HOPE AND BEAUTY. ULTIMATELY, WE WANT TO IGNITE A GLOBAL CULTURAL TRANSFORMATION THAT POSITIVELY IMPACTS ALL SPHERES OF SOCIETY AND INSPIRES PEOPLE AND COMMUNITIES TO LIVE BETTER AND REACH THEIR FULL POTENTIAL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VITAE FEST, IS A FREE MUSIC FESTIVAL OPEN TO THE GENERAL PUBLIC THAT AIMS TO PROMOTE VALUES SUCH AS FAMILY, SOLIDARITY, HOPE, COMMITMENT TO OTHERS, AND SPIRITUALITY THROUGH AN EXPERIENCE THAT PROMOTES A PERSONAL ENCOUNTER WITH GOD DURING THE EVENT.
VITAE SUMMIT, AIMS TO PROMOTE VALUES OUR VALUES OF UNITY AND SPIRITUALITY TO GENERATE HIGH-IMPACT EVANGELIZATION PROJECTS GLOBALLY. TO ACHIEVE THIS, ARTISTS AND PRODUCERS FROM HOLLYWOOD AND OTHER COUNTRIES ARE INVITED TO RECEIVE INSPIRATIONAL TALKS AND PARTICIPATE IN TEAM-BUILDING SESSIONS WITH THE ULTIMATE GOAL BEING TO FOSTER PROJECTS THAT PROMOTE THE AFOREMENTIONED VALUES, WITH THE HOPE OF MAKING A SIGNIFICANT IMPACT ON A GLOBAL SCALE IN THE COMING YEARS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pablo Golan Treasurer | OfficerTrustee | 20 | $0 |
Luis Alberto Quinelli President | OfficerTrustee | 40 | $0 |
Jessica Siniscalchi Secretary | OfficerTrustee | 20 | $0 |
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 | $391,300 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $391,300 |
Total Program Service Revenue | $0 |
Investment income | $1 |
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 | $391,301 |
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 | $95,876 |
Fees for services: Legal | $1,722 |
Fees for services: Accounting | $2,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $31,190 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $3,402 |
Advertising and promotion | $93,048 |
Office expenses | $75 |
Information technology | $11,067 |
Royalties | $0 |
Occupancy | $0 |
Travel | $28,995 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,496 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $328,430 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $62,871 |
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 | $0 |
Total assets | $62,871 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $62,871 |
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 | $62,871 |