International Retinal Research Foundation Inc
- Assets
- $29.8m
- Revenue
- $2.5m
- Investments
- $29.2m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 06/1997
- Data as of
- 12/2021
- EIN
- 72-1342841
Organization Overview
International Retinal Research Foundation Inc is located in Birmingham, AL. The organization was established in 1997. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Retinal Research 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 12/2021, International Retinal Research Foundation Inc generated $2.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, International Retinal Research Foundation Inc has awarded 107 individual grants totaling $10,416,547. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Blackwood Executive Director | 40 | $110,839 | |
Michael A Callahan MD President | 0.5 | $0 | |
V Hugo Marx III Treasurer | 0.5 | $0 | |
John S Parker MD Vice President | 0.5 | $0 | |
Paul Sternberg Jr MD Secretary | 0.5 | $0 | |
Larry A Donoso MD PHD JD Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $27,000 |
| Interest on Savings | $264,877 |
| Dividends & Interest | $527,609 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,662,274 |
| Capital Gain Net Income | $1,662,274 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,481,760 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $110,839 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $17,672 |
| Interest | $4,991 |
| Taxes | $26,834 |
| Depreciation | $703 |
| Occupancy | $11,200 |
| Travel, conferences, and meetings | $1,192 |
| Printing and publications | $640 |
| Other expenses | $61,111 |
| Total operating and administrative expenses | $378,983 |
| Contributions, gifts, grants paid | $1,529,550 |
| Total expenses and disbursements | $1,908,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $493,934 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $23,511 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $21,133,672 |
| Net Land, buildings, and equipment | $2,241 |
| Other assets | $33,592 |
| Total assets | $29,800,407 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, International Retinal Research Foundation Inc has awarded $1,529,550 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
UAB DEPT OF OPHTHALMOLOGY PURPOSE: RESEARCH | $500,000 |
VANDERBILT UNIVERSITY PURPOSE: RESEARCH | $300,000 |
STERNBERG DIRECTORSHIP VANDERBILT PURPOSE: RESEARCH | $250,000 |
RESEARCH TO PREVENT BLINDNESS PURPOSE: RESEARCH | $100,000 |
IVAN CONTE PHD PURPOSE: RESEARCH | $100,000 |
RODRIGO ALVES MARTINS PURPOSE: RESEARCH | $90,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Friends Of Wlrn Inc Miami, FL | $36,063,616 | $13,544,758 |
Georgia Cooperative Services For The Blind Inc Snellville, GA | $28,494,094 | $9,142,044 |
Georgia Eye Bank Inc Atlanta, GA | $18,619,601 | $6,754,621 |
Tampa Lighthouse For The Blind Inc Tampa, FL | $7,196,265 | $3,320,229 |
Lighthouse Of Broward County Inc Fort Lauderdale, FL | $8,183,594 | $3,362,411 |
Southern Council Of Optometrists Atlanta, GA | $3,597,843 | $3,344,047 |
Downtown Visions Inc Jacksonville, FL | $2,015,656 | $3,070,632 |
Lions Volunteer Blind Industries Inc Morristown, TN | $6,170,102 | $1,326,528 |
Center For The Visually Impaired Inc Daytona Beach, FL | $2,727,294 | $3,581,895 |
International Retinal Research Foundation Inc Birmingham, AL | $29,800,407 | $2,481,760 |
Florida Lions Conklin Centers For The Blind Inc Daytona Beach, FL | $2,435,068 | $1,186,911 |
Center For The Visually Impaired Foundation Inc Atlanta, GA | $3,998,793 | $1,342,725 |