Vnsw Foundation Inc
- Assets
- $18.0m
- Revenue
- $900.6k
- Investments
- $0.0
- Employees
- 0
- Location
- White Plains, NY
- Founding
- 05/2016
- Data as of
- 12/2019
- EIN
- 47-5633860
Organization Overview
Vnsw Foundation Inc is located in White Plains, NY. The organization was established in 2016. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO ENSURE THE FUTURE OF VISITING NURSE SERVICES IN WESTCHESTER, INC.'S PROGRAMS AND SERVICES THROUGH CHARITABLE OUTREACH TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION ENGAGES IN VARIOUS FUNDRAISING ACTIVITIES TO ASSIST WITH THE MISSION OF ITS SISTER AFFILIATE, VISITING NURSE SERVICES IN WESTCHESTER INC., BY INCREASING AWARENESS OF THE PROGRAMS AND ACTIVITIES OF THE AGENCY. THE FOUNDATION SPONSORED A GALA EVENT IN 2019 TO PROMOTE THE AGENCY, AS WELL AS OTHER FUNDRAISING ACTIVITIES SUCH AS MAIL SOLICITATIONS AND DONATIONS THROUGH ITS WEBSITES. THE FOUNDATION WILL ALSO SPONSOR ANNUAL APPEAL PROGRAMS WHICH MAY CONSIST OF SENDING OUT MASS MAILINGS AS A PART OF ITS FUNDRAISING EFFORTS IN ORDER TO FURTHER ITS MISSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Martell Vice Chairperson | OfficerTrustee | 0.5 | $0 |
Andrea Mckay-Harris Secretary | OfficerTrustee | 0.5 | $0 |
Amy Ansehl Chairperson | OfficerTrustee | 0.5 | $0 |
Jesse Rosenblatt Treasurer | OfficerTrustee | 0.5 | $0 |
Timothy P Leddy President/ceo | Officer | 2 | $0 |
Christopher Cardone CFO | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $85,680 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,597 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,277 |
| Total Program Service Revenue | $0 |
| Investment income | $416,278 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $389,938 |
| Net Income from Fundraising Events | -$18,910 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $900,583 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $465,000 |
| 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 | $214,576 |
| Fees for services: Legal | $70 |
| Fees for services: Accounting | $11,140 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $63,134 |
| Fees for services: Other | $0 |
| Advertising and promotion | $375 |
| Office expenses | $35,910 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $64 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,545 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $811,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $40,612 |
| Savings and temporary cash investments | $823,139 |
| 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 | $5,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $17,108,402 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $59,694 |
| Total assets | $18,036,847 |
| Accounts payable and accrued expenses | $15,900 |
| 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 | $15,900 |
| Net assets without donor restrictions | $18,020,947 |
| 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 | $18,036,847 |
Grants Awarded
Over the last fiscal year, Vnsw Foundation Inc has awarded $329,731 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
White Plains, NY PURPOSE: GENERAL FUND | $290,000 |
WVNS GROUP INC PURPOSE: GENERAL FUND | $39,731 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Vnsw Foundation Inc has recieved totaling $25,250.
| Awarding Organization | Amount |
|---|---|
Aging In America Inc Purchase, NY PURPOSE: TO SUPPORT THE INTEGRATION OF AN INNOVATIVE SEPSIS EDUCATION, SCREENING AND EARLY INTERVENTION TOOL INTO VNSW'S ELECTRONIC MEDICAL RECORD SYSTEM, AS WELL AS STAFF EDUCATION AND TRAINING ON THE SCREENING TOOL. | $25,000 |
Paul M Weissman Family Foundation Inc White Plains, NY PURPOSE: THE PURPOSE OF THESE CONTRIBUTIONS IS TO PROVIDE THE DONEE ORGANIZATIONS TO CARRY OUT THEIR EXEMPT FUNCTIONS. | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hearthstone Senior Communities Inc Bala Cynwyd, PA | $31,899,429 | $84,921,541 |
Northwell Health Foundation Westbury, NY | $343,577,244 | $97,593,785 |
Good Shepherd Rehabilitation Network Allentown, PA | $373,319,434 | $72,367,130 |
Penn Highlands Healthcare Dubois, PA | $62,053,076 | $58,959,036 |
Childrens Orthopaedic Surgery Foundation Inc Boston, MA | $124,047,360 | $64,038,304 |
Boston Childrens Heart Foundation Boston, MA | $91,588,887 | $60,888,121 |
Chmc Surgical Foundation Inc Boston, MA | $63,029,765 | $35,053,234 |
Cancer Research Fund Of The Damon Runyon-Walter Winchell Foundation New York, NY | $148,107,071 | $54,248,600 |
United Breast Cancer Foundation Inc Huntington, NY | $6,322,991 | $15,288,108 |
Newcourtland Elder Service Philadelphia, PA | $113,919,337 | $4,650,021 |
Doylestown Health Foundation Doylestown, PA | $88,236,207 | $10,269,180 |
Foundation For Morristown Medical Center Inc Morristown, NJ | $160,123,203 | $28,655,949 |