Helen Keller Foundation For Research & Education Inc
- Assets
- $63.3k
- Revenue
- $275.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Birmingham, AL
- Founding
- 04/1990
- Data as of
- 09/2021
- EIN
- 63-0983733
Organization Overview
Helen Keller Foundation For Research & Education Inc is located in Birmingham, AL. The organization was established in 1990. According to its NTEE Classification (H41) the organization is classified as: Eye Diseases, Blindness & Vision Impairments Research, under the broad grouping of Medical Research and related organizations. As of 09/2021, Helen Keller Foundation For Research & Education Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Helen Keller Foundation For Research & Education 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 09/2021, Helen Keller Foundation For Research & Education Inc generated $275.2k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $264.1k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE, PROMOTE, AND FUND A FACILITY FOR EYE RESEARCH, EDUCATION AND RELATED SERVICES FOR THE BENEFIT OF THE SCIENTIFIC AND MEDICAL COMMUNITY AND THE GENERAL PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AN INTEGRAL PART OF THE FOUNDATION'S MISSION AND PRIMARY EDUCATION COMPONENT IS TO PERPETUATE AND ADVANCE THE LEGACY OF HELEN KELLER. THE CHARACTER EDUCATION PROGRAM PROVIDES A UNIQUE OPPORTUNITY TO INFLUENCE THE MORAL DEVELOPMENT OF STUDENTS BY FOCUSING ON THE CHARACTER AND ACHIEVEMENTS OF HELEN KELLER.
THE FOUNDATION BELIEVES THAT VISION RESEARCH WILL ADVANCE IN DIRECT PROPORTION TO THE PUBLIC'S AWARENESS OF RESEARCH EFFORTS TO END BLINDNESS. THE HELEN KELLER PRIZE IS A POWERFUL SYMBOL FOR VISION RESEARCHERS WORLDWIDE WHO LABOR TO PRESERVE THE PRECIOUS GIFT OF SIGHT. HELEN KELLER LAUREATES ARE SELECTED BY AN INTERNATIONAL PANEL OF VISION RESEARCHERS. THE PRIZE IS AWARDED AT THE ANNUAL CONVENTION OF THE ASSOCIATION FOR RESEARCH IN VISION AND OPHTHALMOLOGY (ARVO), AN INTERNATIONAL CONCLAVE THAT ATTRACTS MORE THAN 13,000 SCIENTISTS AND PHYSICIANS. THE PRIZE STIPEND SUPPORTS THE RECIPIENT'S VISION RESEARCH. THE FOUNDATION CONSIDERS THIS PROGRAM TO BE ONE OF ITS MOST IMPORTANT EFFORTS TO END BLINDNESS.
THE FOUNDATION TARGETS THREE VISION RESEARCH AREAS: THE CHILD'S EYE, THE INJURED EYE, AND THE AGING EYE. THE FOUNDATION ALSO AWARDS GRANTS TO VARIOUS MEDICAL UNIVERSITIES IN AN EFFORT TO ADVANCE CLINICAL RESEARCH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Robert Morris President | OfficerTrustee | 10 | $0 |
Mr Ronald Levitt Secretary | OfficerTrustee | 1 | $0 |
Mr Raymond Griffin Chairman | OfficerTrustee | 1 | $0 |
Dr Mathew Sapp Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $150,000 |
| Government grants | $47,141 |
| All other contributions, gifts, grants, and similar amounts not included above | $78,026 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $275,167 |
| Total Program Service Revenue | $0 |
| Investment income | $24 |
| Tax Exempt Bond Proceeds | $0 |
| 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 | $275,191 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,000 |
| 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 | $129,192 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,106 |
| Payroll taxes | $9,844 |
| Fees for services: Management | $65,678 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,401 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| 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 | $3,757 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,762 |
| Insurance | $2,152 |
| All other expenses | $685 |
| Total functional expenses | $264,086 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $58,793 |
| 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 | $0 |
| Net Land, buildings, and equipment | $4,546 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $63,339 |
| Accounts payable and accrued expenses | $4,946 |
| Grants payable | $0 |
| Deferred revenue | $6,999 |
| 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 | $27,432 |
| Other liabilities | $0 |
| Total liabilities | $39,377 |
| Net assets without donor restrictions | $23,962 |
| Net assets with donor restrictions | $0 |
| 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 | $63,339 |
Grants Awarded
Over the last fiscal year, Helen Keller Foundation For Research & Education Inc has awarded $60,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: 2015 Helen Keller Prize for Vision Research award winner. | $30,000 |
JOHNS HOPKINS UNIVERSITY PURPOSE: 2015 Helen Keller Prize for Vision Research award winner. | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Helen Keller Foundation For Research & Education Inc has recieved totaling $130,083.
| Awarding Organization | Amount |
|---|---|
Pete M Hanna Charitable Foundation Hoover, AL PURPOSE: SUPPORT OF PROGRAMS | $100,000 |
Daniel Foundation Of Alabama Birmingham, AL PURPOSE: CHARITABLE | $25,000 |
Alabama Power Foundation Inc Birmingham, AL PURPOSE: GENERAL/OPERATING | $5,055 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $28 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ophthalmology Research Foundation Inc Miami, FL | $78,932,137 | $9,352,354 |
Alagille Syndrome Alliance Cher Bork Collierville, TN | $468,720 | $585,146 |
Odylia Therapeutics Inc Atlanta, GA | $9,833,191 | $343,480 |
Helen Keller Foundation For Research & Education Inc Birmingham, AL | $63,339 | $275,191 |
Eye Research Foundation Jacksonville, FL | $925,560 | $99,894 |
Ocular Surface Research & Education Foundation Inc Tampa, FL | $28,798 | $0 |
Advanced Retinal Therapeutics Institute pensacola, FL | $185 | $0 |
Retina Care Research Institute Of Florida Inc Palm Beach Gardens, FL | $100,017 | $0 |
Hallandale Beach Eye Foundation Corp Hollywood, FL | $0 | $0 |
Vitreoretinal And Macula Research Foundation Inc Tampa, FL | $1,020,742 | $22,044 |