Venango V N A Foundation

Organization Overview

Venango V N A Foundation is located in Franklin, PA. The organization was established in 2017. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, 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. Venango V N A 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 06/2021, Venango V N A Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $450.3k during the year ending 06/2021. While expenses have increased by 12.1% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO RAISE AND INVEST CAPITAL TO GENERATE LONG-TERM FUNDING IN SUPPORT OF THE UPMC HOME HEALTHCARE D/B/A VISITING NURSES ASSOCIATION OF VENANGO COUNTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

INDIGENT NURSING CARE: TO PROVIDE A VEHICLE FOR INVESTING SUMS OF MONEY DONATED FOR THE FUTURE NEEDS OF THE UPMC HOME HEALTHCARE D/B/A VISITING NURSES ASSOCIATION OF VENANGO COUNTY.


HOSPICE HOUSE: TO MAINTAIN A LOCATION TO BE USED AS A HOSPICE FACILITY, OPERATED BY THE UPMC HOME HEALTHCARE D/B/A VISITING NURSES ASSOCIATION OF VENANGO COUNTY.


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Board, Officers & Key Employees

Name (title)Compensation
James Hanna
Chairman
$0
Beth Fisher
Secretary
$0
Matthew Kirtland
Vice Chairman
$0
Sanford Powell
Treasurer
$0
Brian Durniok
Director
$0
Barrie Brancato
Director
$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$11,786
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$11,786
Total Program Service Revenue$26,225
Investment income $142,763
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $980,195
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,160,969

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Venango V N A Foundation has recieved totaling $5,000.

Awarding OrganizationAmount
Mcelhattan Foundation

Pittsburgh, PA

PURPOSE: GENERAL SUPPORT

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,486,399
Earnings$446,079
Ending Balance$1,932,478

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