The Eyesight Foundation Of Alabama

Organization Overview

The Eyesight Foundation Of Alabama is located in Birmingham, AL. The organization was established in 1998. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 06/2022, Eyesight Foundation Of Alabama employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eyesight Foundation Of Alabama 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, Eyesight Foundation Of Alabama generated $7.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $2.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Eyesight Foundation Of Alabama has awarded 52 individual grants totaling $25,600,353. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SERVE AS A CATALYST FOR IMPROVING EYESIGHT THROUGH EDUCATION, RESEARCH AND ACCESS TO CARE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING 2021, THE EYESIGHT FOUNDATION OF ALABAMA CONTINUED TO FOCUS ON GRANTS, PARTICULARLY IN SUPPORT OF THE UNIVERSITY OF ALABAMA AT BIRMINGHAM DEPARTMENT OF OPHTHALMOLOGY AND VISUAL SCIENCES' RESEARCH, EDUCATION AND CLINICAL CARE ENDEAVORS. EYESIGHT FOUNDATION'S SUPPORT ALSO ADDS VALUE TO THE WORK OF COMMUNITY-BASED (NON-UAB) NONPROFITS SERVING BLIND AND VISUALLY IMPAIRED PEOPLE BY PROVIDING VISION SCREENINGS, EYE GLASSES, SENSORY EQUIPMENT FOR THERAPY FOR BABIES AND CHILDREN, AND SO FORTH.


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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$222,515
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$222,515
Total Program Service Revenue$0
Investment income $1,119,982
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,270,519
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,613,281

Grants Awarded

Over the last fiscal year, The Eyesight Foundation Of Alabama has awarded $1,844,170 in support to 7 organizations.

Grant RecipientAmount

UAB DEPT OF OPHTHALMOLOGY & VISUAL SCIENCES

PURPOSE: VISION RESEARCH, EDUCATION, OPERATING SUPPORT

$1,554,210

SIGHT SAVERS AMERICA

Org PageRecipient Profile

Pelham, AL

PURPOSE: VISION SUPPORT

$170,000

COMMUNITY SERVICES FOR VISION REHABILITATION

Org PageRecipient Profile

Mobile, AL

PURPOSE: VISION SUPPORT

$40,000

IMPACT AMERICA - FOCUS FIRST PROGRAM

Org PageRecipient Profile

Birmingham, AL

PURPOSE: VISION SCREENS PRESCHOOLERS

$30,000

Leeds, AL

PURPOSE: SUPPORT FOR VISUALLY IMPAIRED CHILDREN

$24,960

VULCAN PARK FOUNDATION

Org PageRecipient Profile

Birmingham, AL

PURPOSE: COMMUNITY ACCESSIBILITY FOR VISUALLY IMPAIRED

$15,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that The Eyesight Foundation Of Alabama has recieved totaling $351,250.

Awarding OrganizationAmount
Crippled Childrens Foundation

Birmingham, AL

PURPOSE: Fulfill medical needs for children, whose needs would otherwise be unmet.

$200,000
$131,158
The Community Foundation Of Greater Birmingham

Birmingham, AL

PURPOSE: GENERAL SUPPORT

$20,092
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$573,317
Earnings$5,232
Net Contributions$216,515
Grants$215,000
Ending Balance$580,064

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