Vetcoin Foundation Incorporated
EIN: 87-3383836
Mission
Throughout history, as people went off to war, they returned changed, often not for the better. All things considered, it is a tragedy that today, when a service member takes off the uniform, they face life challenges that include: • Financial insecurity (20%) • Difficulty accessing capital (1/3) • Veteran-owned businesses that lack market presence • Homelessness (~1.5 million; 1 in 10 homeless persons in America is a veteran) • Medical and mental health issues (41%) • Difficulty transitioning to civilian life (44%) • Suicide (over 6,300 a year) Vetcoin Foundation is an IRS registered 501(c)(3) Foundation and 509(a)(2) Public Charity with a mission to Connect, Enable and Transform veteran communities through blockchain technology and cryptocurrency to address these issues.
Ruling year
2022
CEO
Elmer Bautista Francisco
President
Aaron Adonis Bazin
Main address
17008 Lake James Rd
Odessa, FL 33556 USA
EIN
87-3383836
Equal opportunity in education
Vocational education
Business education
Early childhood education
Climate change
Population served
Military personnel
Veterans
Emergency responders
NTEE code
Military/Veterans' Organizations (W30)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990-N.
Communication
Programs and results
Reports and documents
Download other documentsWhat we aim to solve
Throughout history, as people went off to war, they returned changed, often not for the better. All things considered, it is a tragedy that today, when a service member takes off the uniform, they face life challenges that include: • Financial insecurity (20%) • Difficulty accessing capital (1/3) • Veteran-owned businesses that lack market presence • Homelessness (~1.5 million; 1 in 10 homeless persons in America is a veteran) • Medical and mental health issues (41%) • Difficulty transitioning to civilian life (44%) • Suicide (over 6,300 a year)
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Start-up Business Incubator Program
We will give up to $5,000 and 100 million VetCoins to the deserving veteran with the most promising start-up business concept and sound action plans.
VETAVERSE
Vetaverse is a virtual world which is the home of veteran-owned businesses, services and veteran oriented non-profits along with civilian merchants who offer discounts to the military community to give them more market presence than ever before which is among our missions. The VETAVERSE is forever free for veterans. VetCoin (VTC) is the default currency of the VETAVERSE.
Where we work
External reviews
Photos
Videos
Our results
How does this organization measure their results? It's a hard question but an important one.
Evaluation documents
Download evaluation reportsAverage online donation
This metric is no longer tracked.Totals By Year
Population(s) Served
Veterans
Related Program
VETAVERSE
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Context Notes
VETAVERSE is a virtual world which is the home of veteran-owned businesses, service and veteran-oriented non-profits.
Number of public events held to further mission
This metric is no longer tracked.Totals By Year
Population(s) Served
Veterans
Related Program
Start-up Business Incubator Program
Type of Metric
Context - describing the issue we work on
Direction of Success
Increasing
Context Notes
We have launched the Start-up Business Incubator Program to provide up to $5,000 and 100million VetCoins (VTC) to jumpstart the business while guiding the proponent in the way to the top.
Total number of acres of area indirectly controlled under cultivation
This metric is no longer tracked.Totals By Year
Population(s) Served
Veterans, Unemployed people
Related Program
VETAVERSE
Type of Metric
Output - describing our activities and reach
Direction of Success
Increasing
Our Sustainable Development Goals
Learn more about Sustainable Development Goals.
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
OUR VALUE PROPOSITION
CONNECT
VetCoin connects veterans to each other, veteran services, and retailers that offer military discounts.
ENABLE
VetCoin enables our heroes through access to capital in the blockchain economy allowing them to buy, trade, and invest in the future.
TRANSFORM
VetCoin transforms lives by donating to charities that support veterans in need.
What are the organization's key strategies for making this happen?
Vetcoin Foundation is an IRS registered 501(c)(3) Foundation and 509(a)(2) Public Charity eligible to receive tax deductible contributions, bequests and donations with a mission to Connect, Enable and Transform veteran communities through blockchain technology and cryptocurrency to address these issues.
We created the VETAVERSE which is a virtual world and the home of veteran-owned businesses, services and veteran-oriented non-profits along with civilian merchants that offer military discounts. The VETAVERSE is forever free for veterans to help their businesses gain more market presence than ever before. VetCoin (VTC) is the default currency of the VETAVERSE.
VetCoin also has the Start-up Business Incubator Program where we give grants of up to $5,000 and 100million VetCoins to deserving veteran business start-ups to jumpstart their promising business ideas.
VetCoin is currently setting up virtual consultations and therapy sessions in the VETAVERSE for vetetans with health and mental health issues where they could have free consultations with our affiliated professionals.
VetCoin also creates focus groups with diverse interests where veterans could join the respective communities with their similar interests.
VetCoin will also do housing projects for homeless veterans.
VetCoin Foundation has established and in the process of registering economic zones.
More projects are being conceptualized wherein VetCoin would also partner with other non-profits to accomplish our missions.
What are the organization's capabilities for doing this?
VetCoin is composed of a board of 11 born and honed leaders that are all proven to accomplish huge tasks and could efficiently lead people to do extraordinary tasks as well from retired military officers, former US ambassador, successful businessmen, etc. along with a strategically diverse board of advisors.
VetCoin also has presence in all 50 states aside of the global team.
What have they accomplished so far and what's next?
VetCoin as successfully launched last Veterans Day November 11, 2021 and have already successfully created the VETAVERSE which will be launched on May 12, 2022 at our Leaving No Veterans Behind event at Tampa Club where we will award our first winner of the Start-up Business Incubator Program.
Financials
Financial data
Vetcoin Foundation Incorporated
Revenue & expensesFiscal Year: 2021
SOURCE: Self-reported by organization
| Revenue | |
|---|---|
| Contributions, Grants, Gifts | $115,800 |
| Program Services | $0 |
| Membership Dues | $0 |
| Special Events | $0 |
| Other Revenue | $0 |
| Total Revenue | $115,800 |
| Expenses | |
|---|---|
| Program Services | $2,500 |
| Administration | $3,500 |
| Fundraising | $0 |
| Payments to Affiliates | $0 |
| Other Expenses | $85,800 |
| Total Expenses | $91,800 |
Vetcoin Foundation Incorporated
Balance sheetFiscal Year: 2021
SOURCE: Self-reported by organization
| Assets | |
|---|---|
| Total Assets | $21,500 |
| Liabilities | |
|---|---|
| Total Liabilities | $0 |
| Fund balance (EOY) | |
|---|---|
| Net Assets | $21,500 |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
CEO
Elmer Bautista Francisco
President
Aaron Bazin
There are no officers, directors or key employees recorded for this organization
There are no highest paid employees recorded for this organization.
Vetcoin Foundation Incorporated
Board of directorsas of 02/07/2023
Board of directors data
Dr. Aaron Bazin
US Army / US Special Operations Command
Alex Morales
US Army
Joey Shimerdla
US Army
Russ Townsend
US Army
Theresa Cross
US Army
Raf Bosch
US Air Force
Ahmad Glover
US Air Force
Brian Vukelic
US Marine Corps
Harry Thomas
US Department of State
Miggy Ticzon
VetCoin Foundation
Aaron Adonis Bazin
US Army
Elmer Bautista Francisco
VetCoin Foundation
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
The organization's co-leader identifies as:
Race & ethnicity
Gender identity
Sexual orientation
Disability
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