A mission statement defines an organization’s purpose, outlining its core functions, target audience, and the approach it takes to achieve its goals in the present. It is focused on what the organization does and how it serves its stakeholders. In contrast, a vision statement describes the future aspirations of the organization, providing a long-term outlook of what it hopes to become or achieve. While the mission focuses on present actions and impact, the vision provides inspiration and direction for the future, guiding strategic decisions toward that ultimate goal.