International Council Of Ophthalmology Foundation
- Assets
- $280.9k
- Revenue
- $270.1k
- Investments
- $0.0
- Employees
- 0
- Location
- San Francisco, CA
- Founding
- 11/2002
- Data as of
- 12/2020
- EIN
- 51-0432540
Organization Overview
International Council Of Ophthalmology Foundation is located in San Francisco, CA. The organization was established in 2002. According to its NTEE Classification (G41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. International Council Of Ophthalmology 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 12/2020, International Council Of Ophthalmology Foundation generated $270.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS DEDICATED TO THE SUPPORT OF PROGRAMS THAT WILL ELEVATE THE LEVEL OF OPHTHALMIC EDUCATION WORLDWIDE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT IS GIVEN TO PROGRAMS SUCH AS INTERNATIONAL FELLOWSHIPS IN OPHTHALMOLOGY (TRAINEES FROM DEVELOPING COUNTRIES BEING EDUCATED IN ADVANCED PROGRAMS THROUGHOUT THE WORLD); SUPPORT FOR THE DEVELOPMENT OF CURRICULA FOR OPHTHALMOLOGY RESIDENTS WORLDWIDE; SUPPORT FOR COURSES FOR OPHTHALMOLOGY TRAINING DIRECTORS OF RESIDENCY TRAINING PROGRAMS AROUND THE WORLD; TEACHING THE TEACHERS INITIATIVE FOCUSING ON A "TRAINING THE TRAINERS" MODEL TO IMPROVE EYE CARE WORLDWIDE BY INCREASING OPHTHALMIC EDUCATION THROUGH BETTER-TRAINED EDUCATORS.
SUPPORT IS GIVEN TO PROGRAMS SUCH AS INTERNATIONAL FELLOWSHIPS IN OPHTHALMOLOGY (TRAINEES FROM DEVELOPING COUNTRIES BEING EDUCATED IN ADVANCED PROGRAMS THROUGHOUT THE WORLD); SUPPORT FOR THE DEVELOPMENT OF CURRICULA FOR OPHTHALMOLOGY RESIDENTS WORLDWIDE; SUPPORT FOR COURSES FOR OPHTHALMOLOGY TRAINING DIRECTORS OF RESIDENCY TRAINING PROGRAMS AROUND THE WORLD; TEACHING THE TEACHERS INITIATIVE FOCUSING ON A "TRAINING THE TRAINERS" MODEL TO IMPROVE EYE CARE WORLDWIDE BY INCREASING OPHTHALMIC EDUCATION THROUGH BETTER-TRAINED EDUCATORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Ei Pyott Mdhc President | OfficerTrustee | 1 | $0 |
James V Mazzo Vice President | OfficerTrustee | 1 | $0 |
Bruce E Spivey Mdmedms Secretary-Treasurer | OfficerTrustee | 1 | $0 |
F Michael Ball Board Member | Trustee | 1 | $0 |
Rubens Belfort Jr MD PHD Board Member | Trustee | 1 | $0 |
Thomas W Burns Board Member | Trustee | 1 | $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 | $109,487 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,487 |
| Total Program Service Revenue | $0 |
| Investment income | $57,015 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $103,611 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $270,113 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,944,143 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $45,620 |
| 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 | $71,222 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,647 |
| Payroll taxes | $5,856 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $80,974 |
| Fees for services: Accounting | $30,888 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,270 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| 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 | $2,372,814 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $279,415 |
| Savings and temporary cash investments | $0 |
| 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 | $1,514 |
| 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 | $280,929 |
| Accounts payable and accrued expenses | $1,552 |
| Grants payable | $76,469 |
| 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 | $78,021 |
| Net assets without donor restrictions | $194,697 |
| Net assets with donor restrictions | $8,211 |
| 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 | $280,929 |
Grants Awarded
Over the last fiscal year, International Council Of Ophthalmology Foundation has awarded $2,121,854 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL COUNCIL OF OPHTHALMOLOGY PURPOSE: OPHTHALMIC EDUCATION, EYE CARE AND VISION, SOCIETY RELATIONS | $61,531 |
OPHTHALMOLOGY FOUNDATION PURPOSE: OPHTHALMIC EDUCATION, EYE CARE AND VISION | $116,180 |
INTERNATIONAL COUNCIL OF OPHTHALMOLOGY PURPOSE: OPHTHALMIC EDUCATION, EYE CARE AND VISION, SOCIETY RELATIONS | $309,433 |
OPHTHALMOLOGY FOUNDATION PURPOSE: OPHTHALMIC EDUCATION, EYE CARE AND VISION | $1,634,710 |