Rostropovich-vishnevskaya Foundation
Nonprofit profile at a glance
- EIN
- 521752473
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Washington, DC, USA
- Phone
- 2022965730
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Sector
- International Development
Reported finances
- Revenue
- $219,208
- Expenses
- $2,563,772
- Assets
- $1,008,445
- Liabilities
- $136,093
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- ELENA ROSTROPOVICH (PRESIDENT)
- WILLIAM P AMOSS (EXECUTIVE DIRECTOR)
Highest reported compensation
- WILLIAM P AMOSS (EXECUTIVE DIRECTOR): $206,000 total reported compensation
- MERLE NILK (FINANCE DIRECTOR): $154,500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The rostropovich-vishnevskaya foundation (rvf) is a global development organization that promotes the health and wellbeing of children in need through partnerships that create sustainable, transformational public health programs around the world. Rvf is a non-political, non-partisan charitable organization.
What it reported doing in 2024
Rvf works in partnership with local governments to introduce modern vaccines for children into the national routine vaccination schedules in middle income countries (mics) and publishes the epidemiological results of the programs in peer-reviewed scientific journals. The vaccination programs are implemented entirely by local health care workers, thereby building local capacity and ownership from the beginning, and are fully sustained by the host governments within 3 years of inception. Following the launch of the rvf-initiated rotavirus vaccination program for all infants in gaza and the west bank in 2016- approximately 135,000 babies annually rvf, with financing from the bill & melinda gates foundation, has been conducting surveillance documenting the impact of the rotavirus vaccine on the disease burden. The results of the first phase of the surveillance were published in the peer-reviewed journal vaccine. Unfortunately, due to the war, the supply of rotavirus vaccine was interrupted from june through december 2024, so there is a possibility that rotavirus disease will reemeerge before the vaccine supply can be replenished and vaccination resume in 2025. In egypt rvf contiunes its initiative to introduce the rotavirus vaccine into the national immunization schedule for children and to transfer the technology to manufacture the vaccine in the country. The rvf-sponsored baseline study of rotavirus disease prevalence in egypt, financed by the gates foundation and published in the egyptian pharmaceutical journal, has lent momentum to the registration process of the vaccine in egypt and the planning of the tech transfer from the indian manufacturer to an egyptian vaccine manufacturer.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 97% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 72
- Accountability: 91
- Sustainability: 12
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 90.5%; rating input score 91
- Fundraising efficiency: $2.04 raised per $1 spent on fundraising; rating input score 10; 10th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 27th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: 4 of 8 controls in place; rating input score 50
- Claims monitoring procedures: Pass
- Requires narrative reports: Fail
- Conducts field audits: Pass
- May suspend future funding: Fail
- Requires financial reports: Pass
- Conducts site visits: Fail
- Requires grant agreements: Pass
- May require repayment: Fail
- Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -1,069.6%; rating input score 0; 0th percentile among comparable filings
- Total-asset coverage ratio: 0.39; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 23; 23rd percentile among comparable filings
- Officer compensation ratio: 14.1%; rating input score 25; 25th percentile among comparable filings
Growth
- Program expense growth: 1.8% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: -8.1% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: 5.1% per year; rating input score 100; 47th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 90.5% of spending went to programs
- Governance: 15 of 15 board members independent · 7 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $2.3M in reported program spending
- Leadership: top reported pay $206K · 17 people listed · 1 of 6 pay-setting controls reported
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, foreign activity, and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 10/100.
- Review — Transparency & Controls: Foreign activity oversight: 4 of 8 not reported.
- High — Sustainability: Operating margin scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- High — Sustainability: Liabilities to assets ratio scored 23/100.
- High — Sustainability: Officer compensation ratio scored 25/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.