Minnesota Lions Vision Foundation Inc

Organization Overview

Minnesota Lions Vision Foundation Inc is located in Saint Paul, MN. The organization was established in 1993. 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. Minnesota Lions Vision Foundation 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 06/2022, Minnesota Lions Vision Foundation Inc generated $7.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $6.0m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE VISION BY PROVIDING FISCAL OVERSIGHT AND OPERATING FUNDS FOR THE MN LIONS EYE BANK, BY RAISING FUNDS FOR THE UNIVERSITY OF MINNESOTA DEPARTMENT OF OPHTHALMOLOGY PRIORITIES, AND BY EDUCATION THE PUBLIC ABOUT EYE DONATIONS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDES FUNDS FOR THE UNIVERSITY OF MINNESOTA DEPARTMENT OF OPHTHALMOLOGY & VISUAL NEUROSCIENCES TO SUPPORT THE OPERATIONS OF AN EYE BANK, AND FOR THE PURCHASE OF RESEARCH EQUIPMENT. $5,028,743 WAS PAID TO THE UNIVERSITY DURING THE YEAR.


RECOGNIZE DONORS OF MONEY AND EYE TISSUE TO THE ORGANIZATION, AND TO RAISE AWARENESS OF THE EYE BANK TO THE PUBLIC.


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Board, Officers & Key Employees

Name (title)Compensation
Rob Hed
Chair
$0
Terry Wold
Vice Chair
$0
Mary Mcnellis
Treasurer
$0
Nancy Mathwig
Secretary
$0
Jeff Fenske
Legal Consultant
$0
Cristy Trutnau
Trustee
$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$769,063
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$769,063
Total Program Service Revenue$6,302,529
Investment income $2,541
Tax Exempt Bond Proceeds $12,922
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 $7,087,055

Grants Awarded

Over the last fiscal year, Minnesota Lions Vision Foundation Inc has awarded $58,250 in support to 2 organizations.

Grant RecipientAmount

UNIVERSITY OF MINNESOTA FOUNDATION

Org PageRecipient Profile

Minneapolis, MN

PURPOSE: TO SUPPORT THE OPERATIONS OF AN EYE BANK, AND FOR THE PURCHASE OF RESEARCH EQUIPMENT.

$51,500

LIONS EYEGLASSES RECYCLING CENTER

Org PageRecipient Profile

Sartell, MN

PURPOSE: TO SUPPORT THE OPERATIONS OF THE RECYCLING CENTER.

$6,750
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Minnesota Lions Vision Foundation Inc has recieved totaling $22,204.

Awarding OrganizationAmount
International Association Of Lions Clubs

Anoka, MN

PURPOSE: ASST TO BLIND AND VISUALLY IMPAIRED

$21,000
The Zabrowski Family Foundation Inc

Sheboygan, WI

PURPOSE: GENERAL CONTRIBUTION

$1,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$204
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,267,746
Earnings$12,922
Ending Balance$4,280,668

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