Viva Francis Foundation
To raise funds to support the work of the Conventual Franciscan Friars of the Province of St. Joseph of Cupertino in the United States and Vietnam.
Viva Francis Foundation
The Viva Francis Foundation is a United States-based nonprofit organization dedicated to supporting the Conventual Franciscan Friars. Founded in 2003, the foundation aims to ensure the long-term financial stability and well-being of these friars, particularly those in the Province of St. Joseph of Cupertino, which covers the western United States and Vietnam.
Mission
Guided by the Gospel of Jesus Christ and the vision of Saint Francis of Assisi, the Viva Francis Foundation is committed to the growth and development of the Franciscan mission. Its primary activities include:
- Financial Assistance: Providing housing, financial aid, and retirement support for Conventual Franciscan Friars.
- Education: Funding the educational needs of new friars joining the Conventual Order.
- Capital Improvements: Supporting the maintenance and development of buildings and real property used by the friars.
Activities and Contributions
The organization's activities have positively impacted the lives of numerous friars. Recent initiatives include significant contributions to the repaving of facilities and support for retired friars. The foundation also focuses on assisting in the expansion of Franciscan formation programs, particularly in Vietnam.
Governance and Charity Ratings
While the Viva Francis Foundation operates with a fully independent board, which demonstrates strong governance practices, it has received a zero-star rating from Charity Navigator due to concerns about financial transparency and accountability. The foundation has not implemented critical policies such as a whistleblower policy or document retention guidelines, which are crucial for maintaining high standards of governance in nonprofit organizations.
Financial Overview
In 2022, the foundation reported a revenue of approximately $80,138, with significant investment income contributing to its financial base. Despite some governance strengths, the foundation's program expense ratio was noted as relatively low, indicating potential room for improvement in directing funds toward mission-related activities.
Legitimacy
The Viva Francis Foundation is a registered 501(c)(3) organization, making donations tax-deductible and ensuring its operational transparency through file submissions such as the Form 990.
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Viva Francis Foundation | Raising awareness and funds to support the Conventual Franciscans in the Province of St. Joseph of Cupertino
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