Fight For Sight Inc
- Assets
- $1.8m
- Revenue
- $345.3k
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 09/1980
- Data as of
- 12/2021
- EIN
- 23-7085732
Organization Overview
Fight For Sight Inc is located in New York, NY. The organization was established in 1980. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fight For Sight Inc 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, Fight For Sight Inc generated $345.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $398.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Fight For Sight Inc has awarded 69 individual grants totaling $977,000. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SINCE 1946, FIGHT FOR SIGHT HAS SUPPORTED AND INSPIRED EYE AND VISION RESEARCH BY FUNDING PROMISING SCIENTISTS EARLY IN THEIR CAREERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH PROPOSALS ARE SOLICITED ON AN ANNUAL BASIS AND REVIEWED AND RANKED BY PANELS OF SCIENTIFIC AND MEDICAL EXPERTS WHO COMPRISE THE ORGANIZATION'S "SCIENTIFIC REVIEW COMMITTEE" (SRC). ALL GRANTS ARE SELECTED ON A COMPETITIVE BASIS AND AWARDED TO THE INSTITUTION WHERE THE RESEARCH IS CONDUCTED. FROM TIME TO TIME, SPECIAL AWARDS MAY BE MADE AFTER RECOMMENDATION BY THE SRC, THE SCIENTIFIC DIRECTOR(S), BOARD PRESIDENT AND/OR THE EXECUTIVE DIRECTOR AND SUBSEQUENT APPROVAL OF THE FULL BOARD. DURING THE YEAR ENDED DECEMBER 31, 2021, GRANTS AND AWARDS TOTALING $176,250 WERE MADE: GRANTSINAID: ($47,500) GRANTS WERE MADE TO RESEARCHERS WITHIN THREE YEARS OF THEIR FIRST ACADEMIC APPOINTMENT WHO HAVE NO SUPPORT OTHER THAN DEPARTMENTAL FUNDS. THESE AWARDEES ARE EXPECTED TO UTILIZE THESE GRANTS TO GENERATE PRELIMINARY RESULTS IN ORDER TO OBTAIN SIGNIFICANT SUBSEQUENT FUNDING FROM OTHER SOURCES. POSTDOCTORAL AWARDS: ($101,250) GRANTS WERE AWARDED TO INDIVIDUALS WITH DOCTORAL DEGREES WHO INTEND TO PURSUE ACADEMIC CAREERS IN OPHTHALMOLOGY AND/OR EYE AND VISION RESEARCH. THESE AWARDEES ARE EXPECTED TO UTILIZE THEIR FUNDING FOR THEIR POST-DOCTORAL RESEARCH PROJECTS, AND TO OBTAIN PRELIMINARY DATA IN SUPPORT OF FUTURE LARGER GRANT APPLICATIONS.SUMMER STUDENT FELLOWSHIPS: ($27,500) GRANTS WERE MADE TO UNDERGRADUATES, GRADUATE OR MEDICAL STUDENTS CONTEMPLATING CAREERS IN EYE RESEARCH. STUDENTS WORK UNDER THE DIRECTION OF ESTABLISHED VISION SCIENTISTS ON PROJECTS RELATED TO EYE DISEASE OR VISION DISORDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman J Kleiman PHD President | OfficerTrustee | 4 | $0 |
Gaby Kressly Sec. & Treas. | OfficerTrustee | 4 | $0 |
Fred Moss CPA Director | Trustee | 4 | $0 |
Joel Schuman MD Facs Director | Trustee | 2 | $0 |
Ann Marie Prevost Director | Trustee | 2 | $0 |
Alec Silverstein Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $137,532 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $187,532 |
| Total Program Service Revenue | $0 |
| Investment income | $55,692 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $87,657 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $345,326 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $176,250 |
| 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 | $78,031 |
| Pension plan accruals and contributions | $3,902 |
| Other employee benefits | $12,407 |
| Payroll taxes | $6,001 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,004 |
| Fees for services: Other | $26,776 |
| Advertising and promotion | $0 |
| Office expenses | $5,187 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $55,261 |
| 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 | $1,138 |
| Insurance | $733 |
| All other expenses | $0 |
| Total functional expenses | $398,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,879 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $69,736 |
| 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 | $18,650 |
| Net Land, buildings, and equipment | $3,779 |
| Investments—publicly traded securities | $1,570,563 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $113,350 |
| Total assets | $1,818,957 |
| Accounts payable and accrued expenses | $15,856 |
| Grants payable | $0 |
| 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 | $147,772 |
| Other liabilities | $15,257 |
| Total liabilities | $178,885 |
| Net assets without donor restrictions | $1,091,722 |
| Net assets with donor restrictions | $548,350 |
| 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 | $1,818,957 |
Grants Awarded
Over the last fiscal year, Fight For Sight Inc has awarded $148,750 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Ann Arbor, MI PURPOSE: Eye and vision research | $25,000 |
Bronx, NY PURPOSE: Eye and Vision research | $11,250 |
Boston, MA PURPOSE: Eye and vision research | $11,250 |
Oakland, CA PURPOSE: Eye and Vision research | $11,250 |
Oxford, OH PURPOSE: Eye and Vision research | $11,250 |
THE UNIVERSITY OF IOWA PURPOSE: Eye and Vision research | $11,250 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fight For Sight Inc has recieved totaling $5,325.
| Awarding Organization | Amount |
|---|---|
A Brooks Tr Ua Fbo Aspca Etc 32406 Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $5,325 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pan-Massachusetts Challenge Inc Needham, MA | $4,238,156 | $66,009,480 |
Health Effects Institute Boston, MA | $12,526,721 | $12,481,645 |
The Association For Frontotemporal Degeneration King Of Prussia, PA | $44,796,969 | $12,057,958 |
Childrens Oncology Group Foundation Philadelphia, PA | $22,837,173 | $7,487,855 |
Hope For Depression Research Foundation New York, NY | $59,831,359 | $6,866,948 |
Israel Cancer Research Fund Inc New York, NY | $17,015,756 | $7,146,502 |
Life Science Cares Inc Cambridge, MA | $8,104,702 | $8,289,428 |
Haymakers For Hope Inc Wellesley, MA | $644,411 | $4,070,620 |
Fox Chase Cancer Center Foundation Philadelphia, PA | $63,333,365 | $6,307,847 |
The Progeria Research Foundation Inc Peabody, MA | $53,690,802 | $49,219,762 |
Improvecarenow Inc Essex, VT | $802,029 | $3,120,134 |
Dubai Harvard Foundation For Medical Research Inc Boston, MA | $15,096,309 | $431,547 |