Vision For Tomorrow Foundation
- Assets
- $525.8k
- Revenue
- $118.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Lagrange, IL
- Founding
- 06/2006
- Data as of
- 12/2021
- EIN
- 20-4840395
Organization Overview
Vision For Tomorrow Foundation is located in Lagrange, IL. The organization was established in 2006. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vision For Tomorrow 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 12/2021, Vision For Tomorrow Foundation generated $118.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $315.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FUNDING FOR RESEARCH, SUPPORT AND PUBLIC AWARENESS TO HELP PEOPLE WITH LOW VISION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FUNDING FOR RESEARCH INITIATIVES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Wolfe President | OfficerTrustee | 6 | $0 |
Grayson Chinn Vp/secretary | OfficerTrustee | 4 | $0 |
Matt Wolfe Treasurer | OfficerTrustee | 4 | $0 |
Susan Ballis Board Member | Trustee | 0.5 | $0 |
Wendy Baum Board Member | Trustee | 0 | $0 |
Financial Statements
| 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 | $118,706 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $118,706 |
| Total Program Service Revenue | $0 |
| Investment income | $87 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $118,793 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $301,500 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,311 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,400 |
| Advertising and promotion | $964 |
| Office expenses | $1,771 |
| Information technology | $2,284 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $315,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $78,531 |
| Savings and temporary cash investments | $447,256 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $525,787 |
| Accounts payable and accrued expenses | $290 |
| Grants payable | $140,000 |
| Deferred revenue | $0 |
| 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 | $140,290 |
| Net assets without donor restrictions | $385,497 |
| 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 | $525,787 |
Grants Awarded
Over the last fiscal year, Vision For Tomorrow Foundation has awarded $301,500 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Charlottesville, VA PURPOSE: TO SPONSOR ANIRIDIA AND ALBINISM RESEARCH PROGRAMS | $150,000 |
East Hampstead, NH PURPOSE: TO SPONSOR ALBINISM RESEARCH PROGRAM | $120,000 |
UNIVERSITY OF GEORGIA PURPOSE: TO SPONSOR ANIRIDIA RESEARCH PROGRAM | $25,000 |
Charlottesville, VA PURPOSE: TO SPONSOR ANIRIDIA MEETING | $6,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vision For Tomorrow Foundation has recieved totaling $168.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $168 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Against Malaria Foundation Kansas City, MO | $318 | $95,777,874 |
Usher Iii Initiative Inc Chicago, IL | $1,337,377 | $2,469,529 |
Resort Charity Events Inc Bloomington, IN | $167,488 | $1,958,916 |
Fairwaycares Inc Madison, WI | $4,640,276 | $2,059,491 |
Disability Resource In Homeservices Inc Festus, MO | $80,012 | $820,552 |
Ollie Hinkle Heart Foundation Webster Groves, MO | $1,363,542 | $833,389 |
Thompson Foundation For Autism Columbia, MO | $1,001,844 | $651,075 |
Danny Did Foundation Evanston, IL | $2,130,382 | $1,124,024 |
Glut1 Deficiency Foundation Inc Owingsville, KY | $447,949 | $776,976 |
Illinois Cancercare Foundation Peoria, IL | $1,967,490 | $900,745 |
Kendyl And Friends Foundation Inc Burgin, KY | $229,614 | $576,619 |
Friends Of The St Louis University Liver Center Chesterfield, MO | $247,779 | $567,898 |