Readers Digest Partners For Sight Foundation is located in Mt Kisco, NY. The organization was established in 1956. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2023, Readers Digest Partners For Sight Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Readers Digest Partners For Sight Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Readers Digest Partners For Sight Foundation generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.1m during the year ending 06/2023. While expenses have increased by 2.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Readers Digest Partners For Sight Foundation has awarded 104 individual grants totaling $3,545,646. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE READER'S DIGEST PARTNERS FOR SIGHT FOUNDATION PROVIDES VALUABLE FINANCIAL ASSISTANCE TO ORGANIZATIONS THAT DIRECTLY SUPPORT INDIVIDUALS WHO ARE BLIND OR VISUALLY IMPAIRED. THIS CRUCIAL AID EMPOWERS THESE ORGANIZATIONS TO CATER TO PEOPLE OF ALL AGES AND DIVERSE STAGES OF VISION LOSS BY OFFERING COMPREHENSIVE TRAINING IN ESSENTIAL SKILLS LIKE DAILY ACTIVITIES, ORIENTATION AND MOBILITY TRAINING, ASSISTIVE TECHNOLOGY, GUIDE DOG USAGE, LOW VISION REHABILITATION, LITERACY, AND BRAILLE. MOREOVER, THE FOUNDATION EXTENDS ITS GENEROUS SUPPORT TO ORGANIZATIONS OFFERING CAREER DEVELOPMENT, VOCATIONAL TRAINING, RECREATIONAL ACTIVITIES, AND YOUTH TRANSITIONING PROGRAMS FOR BLIND AND VISUALLY IMPAIRED PERSONS. WE ALSO LEND A HELPING HAND BY PROVIDING AN ASSISTIVE TECHNOLOGY RESOURCES LIST AND ENGAGING IN OUTREACH TO LOW VISION ORGANIZATIONS. RDPFS HAS A THOROUGH GRANT PROPOSAL AND OUTCOME EVALUATION PROCESS WHICH HELPS ENSURE THE SUCCESS OF THE FUNDED PROGRAMS. IN FISCAL YEAR 2023, RDPFS MADE 12 GRANTS TO 12 DIFFERENT ORGANIZATIONS ACROSS THE UNITED STATES. GRANT MONIES WERE DESIGNATED FOR:*OUTREACH PROJECT TO VARIOUS OPHTHALMOLOGY AND OPTOMETRIC DEPARTMENTS AS WELL AS LOW VISION ORGANIZATIONS. *COUNTY-BY-COUNTY COUNT OF ALL SENIORS LIVING WITH VISION LOSS IN NEW JERSEY.*PROVIDE TRAINING AND SUPPORT IN THE USE OF ADAPTIVE TECHNOLOGY FOR PEOPLE WHO ARE BLIND AND VISUALLY IMPAIRED.*LAUNCH AN ONLINE ACCESSIBLE MUSIC LIBRARY DATABASE TO TRANSFORM THE LANDSCAPE OF HOW PEOPLE WITH VISION LOSS ACCESS MUSIC SCORES AND MATERIALS.*SUPPORT FOR PILOT PROGRAM DESIGNED TO INCREASE THE NUMBER OF VISION REHABILITATION HOURS TO SENIORS WITH VISION LOSS.*CREATE AN EDUCATIONAL PROGRAM TO TRAIN-THE-TRAINERS, GENETIC AND BREEDING TEAMS, VETERINARIANS, AND RELATED STAFF AT GUIDE DOG SCHOOLS AROUND THE COUNTRY TO SYSTEMATICALLY IMPROVE THE GENETIC DIVERSITY, HEALTH, BEHAVIOR, AND LONGEVITY OF THE GUIDE DOGS THEY BREED.*IMPLEMENT THE BEST PRACTICES FOR SUPPORTING AND ENGAGING INDIVIDUALS WITH VISION LOSS OR BLINDNESS AND THEIR ALLIES AS LEADERS AND ADVOCATES FOR IMPROVED CARE, POLICIES, AND COMMUNITY SUPPORT.*SUPPORT FOR A THREE-DAY SYMPOSIUM FOR BLIND AND VISUALLY IMPAIRED PHYSICAL EDUCATION TEACHERS AND ADAPTIVE SPORTS ORGANIZATIONS FROM ACROSS THE TRI-STATE AREA.*PURCHASE BRAILLE AND LARGE PRINT MATERIALS FOR OLDER ADULT CENTER EVENT. IN AGGREGATE, THESE PROGRAMS SERVE THOUSANDS OF BLIND AND VISUALLY IMPAIRED PEOPLE ACROSS THE COUNTRY ON A YEARLY BASIS.
THE RDPFS LARGE PRINT PUBLISHING PROGRAM MADE A SIGNIFICANT IMPACT, CATERING TO THE NEEDS OF 40,055 INDIVIDUALS THROUGH ITS SELECT EDITIONS" LARGE TYPE PERIODICAL. A TOTAL OF 200,274 VOLUMES WERE DISTRIBUTED TO SUBSCRIBERS, ENSURING THAT THEY HAD ACCESS TO ENGAGING READING MATERIAL IN A FORMAT TAILORED FOR EASE OF READING FOR THOSE WITH LOW VISION. IN ADDITION TO THE LARGE PRINT PERIODICAL, SUBSCRIBERS ALSO RECEIVED A LARGE PRINT CALENDAR WITH ESSENTIAL INFORMATION ON ACCESSING LOW-VISION SERVICES. BY OFFERING CONTENT FORMATTED AND PRINTED TO SPECIFIC ACCESSIBILITY STANDARDS, THE PROGRAM IS COMMITTED TO EMPOWERING INDIVIDUALS WITH LOW VISION, ENSURING THEY CAN ENJOY READING AND STAY INFORMED IN A WAY THAT FULFILLS THEIR UNIQUE NEEDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Matthew Krieger Chair | OfficerTrustee | 3 | $0 |
James Deremeik Vice Chair | OfficerTrustee | 2.5 | $0 |
John Krieger Treasurer | OfficerTrustee | 2.5 | $0 |
Rob Hilliard Secretary | OfficerTrustee | 1 | $0 |
Mark Ackermann Director | Trustee | 2 | $0 |
Donna Esposito Director | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Lsc Communications Us Llc Production | 6/29/23 | $422,087 |
Personalized Mobile Llc Promotion | 6/29/23 | $159,905 |
Darwin Cx Fulfillment | 6/29/23 | $119,555 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $46,314 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $46,314 |
Total Program Service Revenue | $0 |
Investment income | $262,663 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $735 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $570,000 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $334,986 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,214,698 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $242,094 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $188,561 |
Compensation of current officers, directors, key employees. | $37,712 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $103,000 |
Pension plan accruals and contributions | $2,882 |
Other employee benefits | $0 |
Payroll taxes | $20,177 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,063 |
Fees for services: Accounting | $61,900 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $50,000 |
Fees for services: Other | $71,334 |
Advertising and promotion | $0 |
Office expenses | $20,090 |
Information technology | $8,697 |
Royalties | $0 |
Occupancy | $1,532 |
Travel | $7,800 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,000 |
Payments to affiliates | $12 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,565 |
All other expenses | $0 |
Total functional expenses | $1,144,177 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $338,304 |
Savings and temporary cash investments | $25,202 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $14,423 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $45,162 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $12,676,666 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $270 |
Total assets | $13,100,027 |
Accounts payable and accrued expenses | $112,389 |
Grants payable | $0 |
Deferred revenue | $559,376 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $671,765 |
Net assets without donor restrictions | $12,428,262 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $13,100,027 |
Over the last fiscal year, Readers Digest Partners For Sight Foundation has awarded $229,594 in support to 8 organizations.
Grant Recipient | Amount |
---|---|
NEW HAMPSHIRE ASSOCIATION FOR THE BLIND DBA FUTURE IN SIGHT PURPOSE: SUPPORT FOR PILOT PROGRAM DESIGNED TO INCREAS THE NUMBER OF VISION REHABILITATION SERVICE HOURS TO SENIORS WITH VISION LOSS | $50,000 |
GUIDING EYES FOR THE BLIND PURPOSE: CREATE AN EDUCATIONAL PROGRAM FOR ALL RELATED STAFF AT GUIDE DOG SCHOOLS TO SYSTEMICALLY IMPROVE THE GENETIC DIVERSITY, HEALTHY, BEHAVIOR, AND LONGEVITY OF THE GUIDE DOGS THEY BREED | $40,000 |
FILOMEN M D'AGOSTINO GREENBERG MUSIC SCHOOL PURPOSE: LAUNCH AN ONLINE ACCESSIBLE MUSIC LIBRARY DATABASE TO TRANSFORM HOW PEOPLE WITH VISION LOSS AND EDUCATORS ACCESS MUSIC SCORES AND MATERIALS. | $35,000 |
UNITED STATES ASSOCIATION OF BLIND ATHLETES INC PURPOSE: SUPPORT FOR THREE-DAY SYMPOSIUM FOR PHYSICAL EDUCATION TEACHERS AND ADAPTIVE SPORTS ORGANIZATIONS WORKING WITH BLIND AND VISUALLY IMPAIRED INDIVIDUALS ACROSS THE TRI-STATE AREA | $32,750 |
NATIONAL SOCIETY TO PREVENT BLINDNESS (PREVENT BLINDNESS) PURPOSE: IMPLEMENT BEST PRACTICE METHODS FOR SUPPORTING AND ENGAGING INDIVIDUALS WITH VISION LOSS ON BLINDNESS AND THEIR ALLIES AS LEADERS AND ADVOATES FOR IMPROVED CARE, POLICIES AND COMMUNITY SUPPORT. | $26,844 |
THE CARROLL CENTER FOR THE BLIND PURPOSE: PREPARE PARTICIPANTS TO WORK IN PARTNERSHIP W/COLLABORATING TECH COMPANIES AS SCREEN READER USERS WHILE CREATING OPPORTUNITIES FOR EMPLOYMENT IN THAT ROLE | $25,000 |