Onesight
- Assets
- $21.7m
- Revenue
- $8.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Mason, OH
- Founding
- 11/1993
- Data as of
- 12/2023
- EIN
- 31-1385607
Organization Overview
Onesight, operating under the name OneSight EssilorLuxottica Foundation, is located in Mason, OH. The organization was established in 1993. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. OneSight EssilorLuxottica 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 12/2023, OneSight EssilorLuxottica Foundation generated $8.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $10.6m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, OneSight EssilorLuxottica Foundation has awarded 22 individual grants totaling $5,578,869. 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
PROVIDING SUSTAINABLE ACCESS TO QUALITY VISION CARE & EYE WEAR IN UNDERSERVED COMMUNITIES WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUSTAINABLE PROGRAMS - IN ADDITION TO CONDUCTING TEMPORARY CLINICS, ONESIGHT PROVIDES GRANTS TO ENABLE LIKE-MINDED PARTNERS TO BUILD PERMANENT INFRASTRUCTURE AND DEVELOP SUSTAINABLE VISION CARE SOLUTIONS THAT WILL PROVIDE ON-GOING ACCESS TO AFFORDABLE, HIGH QUALITY VISION CARE TO UNSERVED OR UNDERSERVED COMMUNITIES AROUND THE WORLD.
INDIRECT PROGRAMS - LOCAL ONESIGHT VOLUNTEERS HELP THOSE IN NEED IN LOCAL COMMUNITIES THROUGH IN-STORE PROGRAMS. THROUGHOUT THE YEAR, ONESIGHT VOLUNTEER DOCTORS AND EMPLOYEES FROM PARTICIPATING ESSILORLUXOTTICA STORES PROVIDE FREE EYEWEAR TO RECIPIENTS PRE-SELECTED BY LOCAL CHARITIES BASED ON VISUAL AND FINANCIAL NEED. CHANGING LIFE THROUGH LENSES (CLTL) EMPOWERS OTHERS TO SERVE IN THEIR OWN COMMUNITIES BY PROVIDING RESOURCES, BEST PRACTICES AND OTHER MEANS OF SUPPORT TO ACTIVATE VISION CLINICS FOR CHILDREN IN NEED ACROSS THE US.
VISION CLINICS - EACH YEAR ONESIGHT VOLUNTEERS HAND-DELIVER FREE VISION CARE AND EYEWEAR TO THOUSANDS OF ADULTS AND CHILDREN. ONESIGHT WORKS CLOSELY WITH LOCAL GOVERNMENTS, HEALTH CARE OFFICIALS AND INDEPENDENT DOCTORS OF OPTOMETRY & OPHTHALMOLOGY TO ENSURE EACH CLINIC RUNS SMOOTHLY AND LOCAL RECIPIENTS RECEIVE THE BEST POSSIBLE CARE. PATIENTS RECEIVE A THOROUGH OPTICAL EXAM BY LICENSED EYE DOCTORS AND EYEWEAR IS PROVIDED. SUNGLASSES ARE PROVIDED TO THOSE NOT NEEDING A PRESCRIPTION.
OTHER CHARITABLE PROGRAMS - ONESIGHT PARTNERS WITH OTHER LIKE-MINDED ORGANIZATIONS TO PROVIDE DONATIONS OF INVENTORY INCLUDING FRAMES, READERS, LENSES, COMPLETED EYEWEAR AND SUNGLASSES TO BE USED IN CHARITABLE VISION CLINICS HELD BY PARTNER ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fabrizio Uguzzoni Director | Trustee | 1 | $0 |
Anurag Hans Director | Trustee | 1 | $0 |
David Milan Secretary | OfficerTrustee | 1 | $0 |
Matteo Lo Duca Treasurer - Exited 3/23 | OfficerTrustee | 1 | $0 |
Rebecca Palm Vp, Ed And Counsel | Officer | 40 | $0 |
Laurie Gerversman Chief Financial Officer | Officer | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Chiara Meneghetti Corporate Governance | 12/30/22 | $192,274 |
Rahul Ali Global Programming | 12/30/22 | $139,169 |
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 | $8,322,373 |
| Noncash contributions included in lines 1a–1f | $609,610 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,322,373 |
| Total Program Service Revenue | $0 |
| Investment income | $517,372 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$462,003 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,377,742 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,211,160 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $313,517 |
| 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 | $3,406 |
| Payroll taxes | $9,978 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,455 |
| Fees for services: Accounting | $32,075 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $61,760 |
| Fees for services: Investment Management | $48,590 |
| Fees for services: Other | $31,852 |
| Advertising and promotion | $84,659 |
| Office expenses | $120,190 |
| Information technology | $48,719 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $379,913 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,482 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $324,472 |
| Insurance | $7,576 |
| All other expenses | $0 |
| Total functional expenses | $10,605,314 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $988,966 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,391,903 |
| 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 | $966,991 |
| Prepaid expenses and deferred charges | $23,527 |
| Net Land, buildings, and equipment | $344,704 |
| Investments—publicly traded securities | $17,616,957 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $415,570 |
| Total assets | $21,748,618 |
| Accounts payable and accrued expenses | $836,089 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $836,089 |
| Net assets without donor restrictions | $20,704,029 |
| Net assets with donor restrictions | $208,500 |
| 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 | $21,748,618 |
Grants Awarded
Over the last fiscal year, Onesight has awarded $1,350,671 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY HOSPITALS HEALTH SYSTEM INC PURPOSE: School-Based Vision Center | $234,436 |
COMMUNITY HEALTHNET INC PURPOSE: School-Based Vision Center | $200,000 |
CITY OF CINCINNATI (CINCINNATI HEALTH DEPARTMENT) PURPOSE: School-Based Vision Center | $200,000 |
BOARD OF TRUSTEES - LELAND STANFORD JR PURPOSE: Rural Education | $716,235 |