Nonprofit · EIN 20-8986703
THE VINACAPITAL FOUNDATION
Tax-exempt · HIGHLANDS, NC 28741
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,041,723 | $1,444,853 | -$403,130 | $1,965,912 | $88,118 | $1,877,794 |
| December 31, 2024 | 990 | $2,019,458 | $1,546,097 | $473,361 | $2,375,573 | $94,649 | $2,280,924 |
| December 31, 2023 | 990 | $2,335,858 | $2,348,708 | -$12,850 | $1,990,083 | $163,579 | $1,826,504 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,022,367
- Program service revenue
- $0
- Investment income
- $50,706
- Other revenue
- -$31,350
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $1,218,653
- Management and general (functional)
- $142,858
- Fundraising (functional)
- $83,342
Balance sheet and other
- Total assets, start of year
- $2,375,573
- Total assets, end of year
- $1,965,912
- Total liabilities, end of year
- $88,118
- Net assets, end of year
- $1,877,794
- Land, buildings and equipment
- $8,499
- Net assets without donor restrictions
- $1,877,794
- Gross receipts
- $1,041,723
- Employees
- 0
- Year formed
- 2007
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR JESSE WALTER RADMAN KIVETTE | CEO, EXEC. D Officer | 40 | $104,000 |
| MRS ROBIN KING AUSTIN | VICE-CHAIRWO Trustee or director, Officer | 1 | $0 |
| MR DINH THI PLUONG HOA | DIRECTOR Trustee or director | 1 | $0 |
| MR DON DI LAM | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| MR NGUYEN HONG NAM | DIRECTOR Trustee or director | 1 | $0 |
| MR LE NHAN PHUONG MD PHD | DIRECTOR Trustee or director | 1 | $0 |
| MR PHAM PHU NGOC TARI | DIRECTOR Trustee or director | 1 | $0 |
| MR BROOK TAYLOR | TREASURER Trustee or director, Officer | 1 | $0 |
| MRS NGO THANH VAN | DIRECTOR Trustee or director | 1 | $0 |
| MRS MICHELLE WEE | DIRECTOR Trustee or director | 1 | $0 |
| MR STEVE WOLSTENHOME | DIRECTOR Trustee or director | 1 | $0 |
| MS KATHERINE YIP | DIRECTOR Trustee or director | 1 | $0 |
| MRS JADE HUYNH | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR JESSE WALTER RADMAN KIVETTE | CEO, EXEC. D Officer | 40 | $104,000 |
| MRS ROBIN KING AUSTIN | VICE-CHAIRWO Trustee or director, Officer | 1 | $0 |
| MR DINH THI PLUONG HOA | DIRECTOR Trustee or director | 1 | $0 |
| MR DON DI LAM | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| MR NGUYEN HONG NAM | DIRECTOR Trustee or director | 1 | $0 |
| MR LE NHAN PHUONG MD PHD | DIRECTOR Trustee or director | 1 | $0 |
| MR PHAM PHU NGOC TARI | DIRECTOR Trustee or director | 1 | $0 |
| MR BROOK TAYLOR | TREASURER Trustee or director, Officer | 1 | $0 |
| MRS NGO THANH VAN | DIRECTOR Trustee or director | 1 | $0 |
| MR STEVE WOLSTENHOME | DIRECTOR Trustee or director | 1 | $0 |
| MS KATHERINE YIP | DIRECTOR Trustee or director | 1 | $0 |
| MRS JADE HUYNH | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MR JESSE WALTER RADMAN KIVETTE | CEO, EXEC. D Officer | 40 | $100,430 |
| MRS ROBIN KING AUSTIN | VICE-CHAIRWO Trustee or director, Officer | 1 | $0 |
| MR ANDY HO | DIRECTOR Trustee or director | 1 | $0 |
| MR DON DI LAM | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| MR NGUYEN HONG NAM | DIRECTOR Trustee or director | 1 | $0 |
| MR LE NHAN PHUONG MD PHD | DIRECTOR Trustee or director | 1 | $0 |
| MR PHAM PHU NGOC TARI | DIRECTOR Trustee or director | 1 | $0 |
| MR BROOK TAYLOR | TREASURER Trustee or director, Officer | 1 | $0 |
| MRS NGO THANH VAN | DIRECTOR Trustee or director | 1 | $0 |
| MS KATHERINE YIP | DIRECTOR Trustee or director | 1 | $0 |
| MRS JADE HUYNH | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1357, HIGHLANDS, NC 28741-1357
- In care of
- % JESSE WALTER RADMAN KIVETTE
- Principal officer (990 for 2025)
- MR DON DI LAM, PO BOX 1357, HIGHLANDS, 28741, VM
- Signed the 990
- MR JESSE WALTER RADMAN KIVETTE, CEO, EXEC. DIRECTOR
- Phone
- (828) 526-2399
- Website
- VINACAPITALFOUNDATION.ORG
- Return prepared by
- LUCAS & ASSOCIATES CPA PA
Mission
THE VINACAPITAL FOUNDATION'S MISSION IS TO EMPOWER THE YOUTH AND CHILDREN OF VIETNAM BY PROVIDING THE OPPORTUNITIES FOR GROWTH THROUGH HEALTH & EDUCATION PROJECTS
Program accomplishments
- IMPROVING HEALTHCARE ACCESS & OUTCOMESExpenses $574,193
- IMPROVING CAPACITY FOR PEDIATRIC & CARDIAC CARE THROUGH EQUIPMENT AND TRAINING
- EDUCATION FOR DISADVANTAGED CHILDREN AND YOUTHExpenses $428,198
- OTHER PROGRAMS FOR CHILDRENExpenses $216,262
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-8986703
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q12)
- Assets (IRS master file)
- $1,965,912
- Income (IRS master file)
- $1,041,723
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,041,723 | $1,444,853 | $1,965,912 | XML |
| 990 | December 2024 | $2,019,458 | $1,546,097 | $2,375,573 | IRS |
| 990 | December 2023 | $2,335,858 | $2,348,708 | $1,990,083 | XML |
| 990 | December 2022 | $1,964,975 | $2,268,789 | $1,986,314 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8986703).
Questions about THE VINACAPITAL FOUNDATION
- What is the EIN of THE VINACAPITAL FOUNDATION?
- The employer identification number (EIN) of THE VINACAPITAL FOUNDATION is 20-8986703.
- Is THE VINACAPITAL FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to THE VINACAPITAL FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE VINACAPITAL FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE VINACAPITAL FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE VINACAPITAL FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of THE VINACAPITAL FOUNDATION?
- The 990 for the year ended December 31, 2025 names MR DON DI LAM.
- Who are the officers and directors of THE VINACAPITAL FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 13 people; 1 received compensation from the organization, the highest $104,000 (MR JESSE WALTER RADMAN KIVETTE, CEO, EXEC. D).
- How much revenue does THE VINACAPITAL FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,041,723, expenses of $1,444,853 and total assets of $1,965,912 at year end.
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