Totals
- Total revenue
- $43,352
- Total expenses
- $132,470
- Contributions and grants received
- $10,457
- Grants paid
- $98,020
- Program service revenue
- $0
- Investment income
- $49,604
- Other revenue
- -$16,709
- Total assets, end of year
- $1,144,441
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,144,441
- Program services expenses (Part IX)
- $104,658
- Management and general expenses
- $26,979
- Fundraising expenses
- $833
- Program service expenses (Part III)
- $104,658
Program services were 79.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$6,961
-
1f · All other contributions, gifts and grants
$3,496
-
3 · Investment income
total $49,604 · excluded $49,604
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$12,475
-
8b · Fundraising events: direct expenses
$29,643
-
8c · Net income from fundraising events
total -$17,168 · excluded -$17,168
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$850
-
10b · Cost of goods sold
$391
-
10c · Net income from sales of inventory
total $459 · related or exempt $459
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $98,020 · program services $98,020
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $12,700 · program services $5,203 · management and general $6,939 · fundraising $558
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $0
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $7,800 · program services $435 · management and general $7,365
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $7,050 · management and general $7,050
-
11g · Fees: other
total $879 · management and general $604 · fundraising $275
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $2,199 · management and general $2,199
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $2,822 · management and general $2,822
-
24a · Other expenses: MATERIALS & SUPPLIES
total $1,000 · program services $1,000
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $20,856 · end of year $23,066
-
2 · Savings and temporary cash investments
beginning of year $412,611 · end of year $400,787
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $6,118
-
9 · Prepaid expenses and deferred charges
end of year $0
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
beginning of year $693,911 · end of year $714,470
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
27 · Net assets without donor restrictions
beginning of year $1,127,378 · end of year $1,144,441
Mission and programs · 2023
Mission
The VIP Foundation was founded for the passionate purpose of helping those less fortunate in many critically needed areas always with HEART (Hope, Embracing, Achieving, Raising, and Thriving).The Foundation supports multiple charitable activities in Arizona, with a focus on small to mid-size charities, and distributing resources across a wide spectrum of disciplines. Through financial growth, fundraising activity, and community involvement, the VIP Foundation hopes to impact the lives of those in need in many critical areas for many years.
Activities or mission (Part I)
The VIP Foundation was founded for the passionate purpose of helping those less fortunate in many critically needed areas always with HEART (Hope, Embracing, Achieving, Raising, and Thriving).
-
Dedicated to funding people, groups, organizations, and programs that address issues and improve the lives of others. The Foundation facilitates the growth and effectiveness of philanthropic contributions and expands the culture of giving to meet the needs of the community under the following categories:QUALITY OF LIFE - FACILITATE TO SUPPORT FOR PUBLIC SPACES, PARKS, TRAILS, THE OUTDOORS, ANIMAL WELFARE, CHILDREN'S ISSUES, AND EDUCATION.HEALTH & WELLNESS - FACILITATE TO SUPPORT FOR FOOD ASSISTANCE, NUTRITION, HEALTH-RELATED ORGANIZATIONS, WELLNESS, FITNESS, DISEASE PREVENTION AND RESEARCH, AND PEOPLE EXPERIENCING HEALTH EMERGENCIES.COLLABORATION - FACILITATE TO SUPPORT FOR CIVIC ORGANIZATIONS, THE MILITARY, VETERANS, AND OTHER NON-PROFITS WITH A SHARED MISSION.
Expenses $104,658 · Grants $98,020
As filed on the 2023 return.
Listed in Part VII
-
Phil ShumwayPHIL SHUMWAY
Executive Dir.
- Total calculated
- $12,700
- From this org
- $12,700
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30
-
James D Barbour IIJAMES D BARBOUR II
President
- Total calculated
- $0
- Hours/week
- 1
-
Keith TeegardinKEITH TEEGARDIN
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Michael MetzMICHAEL METZ
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Chris JanssenCHRIS JANSSEN
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Stuart CrawfordSTUART CRAWFORD
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mike JonesMIKE JONES
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kent NielsonKENT NIELSON
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jay RayJAY RAY
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ryan MadridRYAN MADRID
Director
- Total calculated
- $0
- Hours/week
- 1
-
Erick KilstromERICK KILSTROM
Director
- Total calculated
- $0
- Hours/week
- 1
-
Veronica CaroVERONICA CARO
Director
- Total calculated
- $0
- Hours/week
- 4
-
Karen HoffmanKAREN HOFFMAN
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dino CamunezDINO CAMUNEZ
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
$30,000
Support mission
-
$25,000
Support mission
-
$15,000
Support mission
-
$13,000
Support mission
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 11 April 2024
- IRS schema version
- 2023v5.0
- Source object
- 202411029349301321
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