Retina Research Foundation Permanent Endowment Fund

Organization Overview

Retina Research Foundation Permanent Endowment Fund is located in Houston, TX. The organization was established in 1976. According to its NTEE Classification (H11) the organization is classified as: Single Organization Support, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Retina Research Foundation Permanent Endowment Fund 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, Retina Research Foundation Permanent Endowment Fund generated $1.7m 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 $1.7m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT RETINA RESEARCH FOUNDATION

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDS TRANSFERRED TO RETINA RESEARCH FOUNDATION FOR GENERAL SUPPORT TO FURTHER THE CONDUCT OF RESEARCH FOR THE TREATMENT OF RETINAL DISEASE CAUSING BLINDNESS.


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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$1,408,614
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,408,614
Total Program Service Revenue$0
Investment income $1,357,792
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,056,731
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,679,004

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Retina Research Foundation Permanent Endowment Fund has recieved totaling $20,000.

Awarding OrganizationAmount
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$20,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$61,213,145
Earnings$9,747,864
Admin Expense$287,034
Net Contributions$1,453,608
Grants$1,791,322
Ending Balance$70,336,261

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