THE VINACAPITAL FOUNDATION

aka VCF   |   Highlands, NC   |  https://vinacapitalfoundation.org

Mission

Improving health care access and outcomes for poor children and increasing capacity for cardiac care, intensive care, emergency care and pediatric care in Vietnam.

Ruling year info

2008

CEO

Mr. Jesse Walter Radman Kivette

Main address

PO Box 1357

Highlands, NC 28741 USA

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Formerly known as

No former names

EIN

20-8986703

NTEE code info

Nonprofit Management (S50)

Hospitals and Primary Medical Care Facilities (E20)

IRS filing requirement

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

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Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Poverty is a vicious cycle that is difficult for anyone to break, and that’s especially true for children—the most disadvantaged and vulnerable people in Vietnam. VinaCapital Foundation is committed to helping those who cannot help themselves, so that they may someday stand on their own feet and take advantage of all the opportunities provided by Vietnam’s bright future. We aim to achieve this goal and realize our mission through our unique approach: 1. Building capacity to prevent needless death in the pediatric health care system of Vietnam, with programs in cardiac care, intensive care, neonatal care, and emergency care, through training and equipment donations 2. Advocating and providing financial relief and funding for heart surgeries for poor families in Vietnam 3. Mentoring and supporting the education of ethnic minority girls

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Critical Response

Capacity building program in pediatric emergency care teaches Pediatric Advanced Life Support with VN trainers we have certified to doctors and nurses all over the country who work in Emergency and ICU. After doctors attend and certify, the hospital is eligible to receive a crash cart for ER and PICU and CCU.

Population(s) Served
Children and youth

Heartbeat Vietnam helps poor children (0-18 years) with congenital heart defects with funding for surgery, grants for nutrition, medical visits, meds and transportation, and grants for continuing care for severe at-risk children.

Population(s) Served
Children and youth

Our outreach clinics take cardiac specialists deep into the areas where we find children who might never have been diagnosed with CHD had we not found them. We do annual clinics in 23 provinces and have given free care to over 12000 children from the age of 0 to 18.

Population(s) Served
Children and youth

An innovative approach to support for the most disadvantaged population in Vietnam, ethnic minority girls. Our 7-year commitment to 50 girls with excellent school records began with 10th grade. This year all the girls were accepted and are attending college or university which is surely a huge improvement in their lives before our support. However, the program provides much more than a scholarship smiling and enthusiastic young women excited to be living their dreams for a better life.

Population(s) Served
Women and girls

Survive to Thrive aims to decrease infant mortality and improve outcomes for premature babies by building capacity for neonatal care in regional centers and rural hospitals throughout Vietnam. The program includes international training and donations of life-saving equipment.

Population(s) Served
Infants and toddlers
Emergency responders

Where we work

Awards

Third Degree Labor Medal 2011

Government of Vietnam

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of children receiving congenital heart defect surgeries

This metric is no longer tracked.
Totals By Year
Population(s) Served

Children and youth

Related Program

Heartbeat Vietnam

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Heartbeat Vietnam helps poor children (0-18 years) with congenital heart defects with funding for surgery, grants for nutrition, medical visits, meds and transportation, and grants for continuing care

Number of children screened at rural outreach clinics

This metric is no longer tracked.
Totals By Year
Population(s) Served

Children and youth

Related Program

Outreach Clinics

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Provide free health care to children across the nation’s provinces. At each clinic, hundreds of poor children are examined and diagnosed by top cardiologists and surgeons from Ho Chi Minh, Hanoi, ...

Number of provincial level health care workers trained in APLS

This metric is no longer tracked.
Totals By Year
Population(s) Served

Emergency responders, Children and youth

Related Program

Critical Response

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Prior to receiving the cart, doctors in the hospital will be required to attend training on Pediatric Advanced Life Support.

Number of pieces of critical care equipment provided to provincial and district level neonatal and pediatric care units

This metric is no longer tracked.
Totals By Year
Related Program

Survive To Thrive

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Holding steady

Context Notes

Provide the missing pieces to assure fast response for a child in respiratory or cardiac arrest.

Number of ethnic minority students receiving a Brighter Path scholarship

This metric is no longer tracked.
Totals By Year
Population(s) Served

Women and girls, Ethnic and racial groups, Students

Related Program

Brighter Path

Type of Metric

Outcome - describing the effects on people or issues

Direction of Success

Increasing

Context Notes

A Brighter Path has mentored and supported disadvantaged ethnic minority girls with a unique 7 year scholarship and mentoring program. Our ultimate goal is to expand this program to include many more.

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

VinaCapital Foundation (VCF) is committed to children, especially poor, under-served and disadvantaged children. Our programs aim to:
• Provide advocacy and access to quality healthcare so that no child dies without a chance at life. Ultimately, we are working toward equal access to quality healthcare for all children
• Improve capacity for pediatric specialty care reducing child and infant mortality and improving outcomes
• Seek out extraordinary disadvantaged children for scholarships and mentoring so that poverty is reduced for the beneficiary, the beneficiary's family and community
• Invest in high social impact, both SME's and Social Enterprises, to assist social entrepreneurs to have strong impact and create sustainable solutions to social problems

VCF has been operating in Vietnam since 2006, and has developed important partnerships within the medical and governmental communities. Our work is possible because of strong partnerships with corporations who believe in the efficacy of our work and our complete transparency.

VCF implements all of its own programs with a strong, dedicated and experience team. All of our programs are improved by partnerships and innovative thinking. When we discover a problem and work on an approach to solve it, the process involves advisors, creative thinking, and stakeholder involvement. When we launch the program, our rigorous monitoring indicates whether our program is working.

Key strategies have included:
• The creation of strategic public and private partnerships designed to solve social problems
• Building capacity through continuing medical education of doctors, nurses. Utilizing technology and innovation to include medical personnel in the rural areas
• Educate and mentor the brightest disadvantaged girls in high school and make college possible
• Creating an effective, dedicated implementation team and building relationships with local authorities
• Provide capacity building medical equipment and training for that equipment
• Design clear program objectives and monitor progress toward those objectives constantly, and evaluating impact
• Employing an output based aid approach to funding

The senior management team of VCF has collectively, over 60 years of experience in sustainable development work and are known as leaders in their field, innovative thinkers, motivators of staff, donors and volunteers.

The VCF team members all have significant experience in sustainable development, implementation with the full support and collaboration of local authorities, and dedication to the children of Vietnam and Myanmar. The program team members understand that excellent reporting, transparency and relationships with our donors are key elements in our continued success.

Other key organizational advantages include:
• Dedicated long term corporate support including one group of companies who pay core overhead expenses
• International partnerships built through the senior management connections have enabled VCF to grow into an organization that is seen as extremely effective.
• Intellectual partners and advisors such as senior leaders of Harvard Medical School and Boston Children's Hospital
• The intellectual and practical support of Vietnam's largest investment firm in the founding and operation of VCF's social impact investing program, Lotus Impact.

We understand that numbers are important. Don't forget that these results reflect the children. That's who we're really fighting for.
• VCF/Heartbeat Vietnam has improved access to care for one of the most under-served populations in Vietnam. We provide surgeries, advocacy, grants, continuing care, and outreach clinics to remote areas to find children who need help. Our ultimate goal is that every child with congenital heart defects (CHD) in Vietnam and Myanmar will have the treatment or surgery they need within one year of diagnosis.
• VCF has donated equipment valued at over $800,000. We only give equipment that increases the capacity for cardiac, neonatal, intensive, and emergency pediatric care. Our ultimate goal is that the child and neonatal mortality decreases and the equipment needed is always on hand to save a child.
• VCF has produced and broadcast 38 tele-medical education symposia. This innovative, interactive program is one of VCF's strengths and is filling a big need in Vietnam and other developing countries in Asia. Our goal is to continue this program until capacity is built to handle children effectively and quickly.
• VCF has saved over 15,000 children since the start of the Critical Response Emergency Care Program which trained and certified doctors and nurses to save children when seconds count. The training and 100 donated crash carts are each saving an average of 2 children per week. Our ultimate goal is to blanket the southern part of Vietnam with PALS training and crash carts so that no child dies needlessly.
• The International Management Institute of Vietnam was incubated at VCF and is now a self-sustaining social enterprise. Our ultimate goal is that this becomes the national institute of management and has a substantial program of scholarships for young entrepreneurs and social enterprises.
• Survive to Thrive, has built neonatal capacity with upgrades and renovations to the Neonatal Intensive Care Unit at Da Nang Women and Children's Hospital and donated training and equipment. The unit has become a regional referral site for 5 provinces and neonatal mortality in the unit has decreased 25% to 6.2/1000. Today, and every day, all over the country, tiny babies die without the equipment needed to save them, so our goal is to spread this program.
• A Brighter Path has mentored and supported disadvantaged ethnic minority girls with a unique 7-year scholarship and mentoring program. Our ultimate goal is to expand this program to include many more ethnic girls.
• In January 2013, VCF started the Lotus Impact Investment Fund to invest in social impact in South East Asia. The goal is to invest in SMEs and social enterprises that provide social impact. The fund management fees will also help VCF increase its financial stability.
• This year VCF started Heartbeat Myanmar to help train up pediatric cardiac care teams to start saving children in Myanmar where almost no children's surgeries are available. Children are dying!

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization collecting feedback from the people you serve?

  • How is your organization using feedback from the people you serve?

  • With whom is the organization sharing feedback?

  • Which of the following feedback practices does your organization routinely carry out?

  • What challenges does the organization face when collecting feedback?

Financials

THE VINACAPITAL FOUNDATION
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Operations

The people, governance practices, and partners that make the organization tick.

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Connect with nonprofit leaders

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  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

THE VINACAPITAL FOUNDATION

Board of directors
as of 4/7/2021
SOURCE: Self-reported by organization
Board chair

Mr. Don Lam

VinaCapital Group

Term: 2006 -

Nam Nguyen

NQT Australia

Robin Austin

Don Lam

Brook Taylor

Katherine Yip

KYInternational, Hong Kong

Trai Pham

Pepsi Indochina, GIBC

Jesse Walter Radman Kivette

Jocelyn Tran

Wal-Mart Global Sourcing Vietnam & Cambodia

Phuong Le

RHE

My Nguyen

MMSoft Co., Ltd

Nghia Tran

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    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
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 04/09/2020

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender (cisgender)
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

 

Sexual orientation

Disability

We do not display disability information for organizations with fewer than 15 staff.

Equity strategies

Last updated: 04/09/2020

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We ask team members to identify racial disparities in their programs and / or portfolios.
  • We analyze disaggregated data and root causes of race disparities that impact the organization's programs, portfolios, and the populations served.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
  • We disaggregate data by demographics, including race, in every policy and program measured.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We have a promotion process that anticipates and mitigates implicit and explicit biases about people of color serving in leadership positions.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We measure and then disaggregate job satisfaction and retention data by race, function, level, and/or team.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.