The Cleveland Eye Bank Foundation

Organization Overview

The Cleveland Eye Bank Foundation is located in Cleveland, OH. The organization was established in 1959. According to its NTEE Classification (E65) the organization is classified as: Organ & Tissue Banks, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cleveland Eye Bank 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 06/2021, Cleveland Eye Bank Foundation generated $76.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $432.1k during the year ending 06/2021. While expenses have increased by 11.9% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CLEVELAND EYE BANK FOUNDATION (CEBF) RAISES FUNDS FOR RESEARCH TO PRESERVE AND RESTORE SIGHT, AND TO SUPPORT AND DELIVER COMMUNITY AND PROFESSIONAL EDUCATION. CEBF WILL BE RECOGNIZED FOR BEING AT THE FOREFRONT IN FUNDING VISION RESEARCH AND SUPPORTING PROFESSIONAL AND COMMUNITY EDUCATION IN NORTHEAST OHIO, LEADING TO IMPACTFUL RESULTS THAT ENHANCE THE QUALITY OF LIFE IN OUR COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CLEVELAND EYE BANK FOUNDATION SUPPORTED CLEVELAND CLINIC COLE EYE INSTITUTE, UNIVERSITY HOSPITALS WITH $100,000 GRANTS EACH, AND AKRON CHILDREN'S HOSPITAL VISION CENTER WITH $5,000 TO FUND RESEARCH FOR CURES TO EYE DISEASE AND CONTINUING EDUCATION TO THE PUBLIC REGARDING EYE DISEASE AND CURE RESEARCH.


THE CLEVELAND EYE BANK FOUNDATION ORGANIZES AN ANNUAL SYMPOSIUM FOR PROFESSIONALS AND THE PUBLIC TO EDUCATE ALL ON THE CURRENT STATE OF RESEARCH AND CURES FOR EYE DISEASES. CLEVELAND EYE BANK FOUNDATION ALSO REACHES OUT TO THE PUBLIC THROUGH GRASSROOTS EFFORTS TO EDUCATE THE PUBLIC ABOUT VISION RESEARCH AND THE MISSION OF CLEVELAND EYE BANK FOUNDATION.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$9,588
Related organizations$0
Government grants $29,900
All other contributions, gifts, grants, and similar amounts not included above$35,117
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$74,605
Total Program Service Revenue$0
Investment income $7
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $1,432
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $76,743

Grants Awarded

Over the last fiscal year, The Cleveland Eye Bank Foundation has awarded $200,000 in support to 2 organizations.

Grant RecipientAmount

CLEVELAND CLINIC FOUNDATION

Org PageRecipient Profile

Independence, OH

PURPOSE: Eye disease research.

$100,000

UNIVERSITY HOSPITALS EYE INSTITUTE

Org PageRecipient Profile

Shaker Heights, OH

PURPOSE: Eye disease research

$100,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Cleveland Eye Bank Foundation has recieved totaling $25,000.

Awarding OrganizationAmount
Cleveland Foundation

Cleveland, OH

PURPOSE: STRATEGIC PLANNING

$25,000
View Grant Recipient Profile

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