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Eastern Virginia Medical School Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237053028 ✦ Norfolk, VA ✦ Designated as a 501(c)(3)

Overview

What is Eastern Virginia Medical School Foundation?

The Eastern Virginia Medical School Foundation is a nonprofit organization located in Norfolk, Virginia. Its primary mission is to fortify the financial stability of the Eastern Virginia Medical School by managing and investing donations, gifts, and bequests. The foundation accepts and manages these contributions, ensuring their allocation towards medical research and educational programs at the Eastern Virginia Medical School.


Is Eastern Virginia Medical School Foundation legitimate?

Eastern Virginia Medical School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern Virginia Medical School Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $77,336
Other Salaries and Wages: $180,852

For more financial information, click here


What is the mission statement of Eastern Virginia Medical School Foundation?
Who is the CEO of Eastern Virginia Medical School Foundation?
What is the revenue of Eastern Virginia Medical School Foundation?
Who are the executives of Eastern Virginia Medical School Foundation and what are their salaries?
Where can I find the form 990 for Eastern Virginia Medical School Foundation?

Mission Statement of Eastern Virginia Medical School Foundation

The Eastern Virginia Medical School Foundation plays a crucial role in strengthening the financial security of Eastern Virginia Medical School. Through accepting, investing, and managing gifts, donations, and bequests, the foundation provides essential resources for the institution's medical research and educational programs. The foundation's mission is to support Eastern Virginia Medical School by stewardarding philanthropic funds and channeling them into areas of greatest need and impact. By doing so, the foundation ensures the continued growth and success of the medical school, enabling it to make strides in advancing healthcare knowledge and delivering high-quality education to future healthcare professionals.

In practice, the Eastern Virginia Medical School Foundation administers restricted grants to the medical school, which are earmarked for specific medical research and educational initiatives. These grants contribute to the institution's efforts in pushing the boundaries of medical discovery and fostering the next generation of healthcare experts. By accepting and managing philanthropic gifts, the foundation not only provides vital financial support but also forges lasting connections between donors and the medical school community. These relationships enrich the educational experience for students and help shape the future of healthcare research and practice.

Impact

This information is meant to be a general summary of Eastern Virginia Medical School Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Eastern Virginia Medical School Foundation's impact is significant in strengthening the financial security of the Eastern Virginia Medical School. Through accepting, investing, and managing gifts, donations, and bequests, the foundation provides crucial support for medical research and educational programs at the school. This strategic approach helps advance the school's mission of enhancing healthcare education and innovation.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1,867,962
  • Program Service Revenue: $0
  • Gross Receipts: $20,615,774

    • Assets and Liabilities:
  • Total Assets: $175,187,870
  • Total Liabilities: $220,890
  • Net Assets: $174,966,980
  • Organization Details

    Founding Year

    1969

    Principal Officer

    Mark B Dreyfus

    Main Address

    P O BOX 5, NORFOLK, VA, 235010005

    NTEE Category

    Code: B110 - Education

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