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ACVO Vision for Animals Foundation Organization Name provided in the GuideStar Exchange* as of 05/30/2014: ACVO Vision for Animals Foundation

Organization Name as listed in the IRS Business Master File as of 08/11/2014: AMERICAN COLLEGE OF VETERINARY OPHTHALMOLOGISTS VISION FOR

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AKA  ACVO Vision for Animals Foundation
Providence, RI
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GuideStar Summary

&1002;                GuideStar Exchange Committed to transparency ?
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&1002; Registered with IRS Legitimacy information is available
&1002; Financial Data Annual Revenue and Expense data reported
&1002; Forms 990 2012, 2011, and 2010 Forms 990 filed with the IRS
&1002; Mission Objectives Mission Statement is available
&1002; Impact Summary Impact Summary from the nonprofit is available
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Basic Organization Information

ACVO Vision for Animals Foundation Organization Name provided in the GuideStar Exchange* as of 05/30/2014: ACVO Vision for Animals Foundation

Organization Name as listed in the IRS Business Master File as of 08/11/2014: AMERICAN COLLEGE OF VETERINARY OPHTHALMOLOGISTS VISION FOR

* The GuideStar Exchange allows nonprofits to regularly update key information directly to GuideStar. It provides richer and broader information about their programs, impact, finances, people and more.
Also Known As: ACVO Vision for Animals Foundation
Physical Address: Providence, RI 02908 
EIN: 04-3726252
Web URL: www.visionforanimals.org 
NTEE Category: D Animal related
D99 Animal Related Activities N.E.C.
D Animal related
D05 Research Institutes and/or Public Policy Analysis
A Arts, Culture, and Humanities
A12 Fund Raising and/or Fund Distribution
Year Founded: 2003 
Ruling Year: 2003 


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Mission Statement

The ACVO Vision for Animals Foundation supports research leading to the elimination of ocular diseases causing vision loss and suffering in animals.

Legitimacy Information

This organization is registered with the IRS.

This organization is required to file an IRS Form 990 or 990-EZ.

Institutional funders should note that an organization’s inclusion on GuideStar.org does not satisfy IRS Rev. Proc. 2011-33 for identifying supporting organizations.

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Annual Revenue & Expenses (GuideStar Exchange,
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May 2014)

Fiscal Year Starting: January 1, 2014
Fiscal Year Ending: December 31, 2014

Total Revenue $69,573
Total Expenses $30,066

Revenue & Expenses (GuideStar Exchange,
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May 2014)

Fiscal Year Starting: January 1, 2014
Fiscal Year Ending: December 31, 2014

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Balance Sheet (IRS Form 990)

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Forms 990 Received from the IRS Additional Information
IRS Form 990 is an annual document used by approximately one-third of all public charities to report information about their finances and operations to the federal government. GuideStar uses data from Form 990 to populate its database with financial information about nonprofit organizations. Posting Form 990 images on the GuideStar website is an ongoing process.

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Forms 990 Provided by the Nonprofit

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Financial Statements

Audited Financial Statement is not available for this organization.

Annual Reports

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Leadership (GuideStar Exchange,
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May 2014)

Dr. Dineli Bras

Board Chair (GuideStar Exchange,
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May 2014)

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Board of Directors

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Board Leadership Practices (GuideStar Exchange,
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May 2014)
?

Board Orientation & Education ?
Why does this matter? Without clarity around their responsibilities and expectations, board members are not positioned to succeed. They may find themselves challenged to fulfill their governance responsibilities or frustrated by the expectations that the organization has set for them. BoardSource recommends that every new board member participate in a formal orientation process, and that all board members sign a pledge or agreement committing to their board service and to all of the responsibilities and expectations that come with service. Ideally, board members also should participate in a formal governance training program prior to serving on a board.

Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations?
Yes
CEO Oversight ?
Why does this matter? Oversight and management of the chief executive is one of the board’s most important legal responsibilities. The CEO or executive director is the board's single employee, and - just like any other employer/employee relationship - regular and written assessment is critical to ensuring that the chief executive and board are communicating openly about goals and performance. BoardSource recommends that boards conduct formal, written reviews of their chief executives on an annual basis, which should include an in-person discussion with the chief executive and distribution of the written evaluation to the full board.

Has the board conducted a formal, written assessment of the chief executive within the past year?
No
Ethics & Transparency ?
Why does this matter? A commitment to handling conflicts of interests is essential to creating an organizational culture of transparency. Boards should create and follow a policy for identifying and handling conflicts of interest, whether real or perceived. BoardSource recommends that organizations review the conflict-of-interest statement and require signed disclosures from all board members and senior staff on an annual basis.

Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements within the past year?
Yes
Board Composition ?
Why does this matter? The best boards are composed of individuals who bring a variety of skills, perspectives, backgrounds, and resources to tackle the complex and strategic challenges confronting their organizations. BoardSource recommends that boards commit to diversity and inclusion by establishing written policies and practices, which include strategic and intentional recruitment of diverse board members, continual commitment to inclusivity, and equal access to board leadership opportunities.

Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership?
Yes
Board Performance ?
Why does this matter? Boards need to regularly assess their own performance. Doing so ensures that they are being intentional about how they govern their organization, which is a critical component of effective board leadership. BoardSource recommends that a board conduct a self-assessment of its performance a minimum of once every three years to ensure that it is staying on track with its roles and responsibilities.

Has the board conducted a formal, written self-assessment of its performance within the past three years?
No

Officers for Fiscal Year (IRS Form 990)

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Highest Paid Employees & Their Compensation (IRS Form 990)

Highest Paid Employee data is not available for this organization.

People information was last updated by the nonprofit in May 2014

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Programs

Program: Resident Grants (GuideStar Exchange,
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May 2014)

Budget:
$25,000
Category:
Research & Public Policy Analysis
Population Served:
Blind and Vision Impaired
None
None

Program Description:

Each year the ACVO Vision for Animals Foundation offers 5-7 research grants, of up to $5,000, to ACVO-approved residents in areas of veterinary ophthalmology. Residents must be in ACVO-approved residencies and sponsored by his/her ACVO mentor(s). The ACVO-VAF will support research supplies, materials, limited equipment, publication and salary for technical support. The ACVO-VAF does not support the salary of the resident, salary of the faculty mentor, tuition, major equipment, or institutional indirect costs. Animal related experiments require approval by the Institutional Animal Care and Use Committee with the proposal submission.

Program Long-Term Success:

Since 2002, the VAF has funded 53 grants for a total of $254,434.

Program Short-Term Success:

Program Success Monitored by:

Program Success Examples:

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Impact Summary from the Nonprofit

Since 2002, the ACVO Vision for Animals Foundation has funded 53 resident research grants (average award: $5,000) for a total of $254,434. The VAF will be launching a larger grant program in 2015. The VAF will host a Think Tank on the topic of SARDS/IMR in September 2014 (dates TBD). Goals for the Think Tank include publishing a white paper on the topic and preparing a presentation for the ACVO conference and/or a report at ACVO Business meeting. Ultimately, the VAF hopes to make a large grant award for SARDS/IMR research and to issue an RFP for this program in January.
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Reviews

Organization Data Available

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  • Officer, Director and/or Highest Paid Employee data for


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