Ophthalmology Foundation
- Assets
- $2.4m
- Revenue
- $757.1k
- Investments
- $0.0
- Employees
- 2
- Location
- San Francisco, CA
- Founding
- Data as of
- 12/2021
- EIN
- 85-2967452
Organization Overview
Ophthalmology Foundation is located in San Francisco, CA. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 12/2021, Ophthalmology Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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 12/2021, Ophthalmology Foundation generated $757.1k in total revenue. All expenses for the organization totaled $612.5k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PART III LINE 1
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EDUCATION CONSORTIUM PROGRAM PROVIDES OPHTHALMIC EDUCATORS AROUND THE WORLD WITH THE EDUCATIONAL TOOLS, TECHNIQUES, AND RESOURCES REQUIRED TO OPTIMALLY TRAIN AND IMPROVE OPHTHALMOLOGIST'S SKILLS AND THE EYE CARE THEIR PATIENTS RECEIVE. OPTHALMIC EDUCATORS VOLUNTEER THEIR SERVICES AS CONTENT EXPERTS TO PROMOTE AND DEVELOP SYMPOSIUMS, WORKSHOPS, COURSES, AND OTHER TEACHING INTERVENTIONS. THE EDUCATION PROGRAM OFFERS ONLINE COURSES, INCLUDING TEACHING SKILLS FOR OPHTHALMIC EDUCATORS, LEADERS IN EDUCATION PROGRAM, MENTORSHIP PROGRAMS, CONTINUING PROFESSIONAL DEVELOPMENT SUPPORT, EDUCATOR SESSIONS AT OPHTHALMIC MEETINGS AND TOOLS FOR TEACHING.
IN PARTNERSHIP WITH THE INTERNATIONAL OPHTHALMOLOGICAL FELLOWSHIP FOUNDATION (IOFF E.V.), THE FOUNDATION SUPPORTS TWO MAJOR FELLOWSHIP PROGRAMS: THE ONE-YEAR IOFF RETINA RESEARCH FOUNDATION (RRF) HELMERICH INTERNAITONAL FELLOWSHIP AND THE IOFF SUBSPECIALTY FELLOWSHIP PROGRAM. THE IOFF-RRF HELMERICH INTERNATIONAL FELLOWSHIPS (RRF FELLOWS) ARE AWARDED ANNUALLY TO TWO YOUNG OPHTHALMOLOGISTS FROM LOW-RESOURCE AND UNDERSERVED COUNTRIES WHO ARE DEDICATED TO DEEPENING THE QUALITY OF OPHTHALMIC EDUCATION AND PATIENT CARE IN THEIR HOME COUNTRIES. RRF FELLOWS ARE REQUIRED TO COMMIT TO RETRUNING TO THEIR HOME COUNTRIES AFTER THEIR FELLOWSHIP AND TAKING A POSITION AT A TEACHING INSTITUTION OR PUBLIC SERVICE HOSPITAL TO SHARE THEIR KNOWLEDGE. THREE AND TWELVE-MONTH FELLOWSHIPS ARE OFFERED UNDER THE SUBSPECIALTY PROGRAM. THE SUBSPECIALTY FELLOWSHIP PROGRAM INVITES YOUNG OPHTHALMOLOGISTS FROM LOW-RESOURCE OR UNDERSERVED COUNTRIES TO APPLY FOR AN IOFF-SUBSPECIALTY FELLOWSHIP AWARD. FELLOWS ARE EXPECTED TO BRING THEIR ACQUIRED KNOWLEDGE AND SKILLS BACK TO THEIR NATIVE COUNTRIES AND PARTICIPATE IN PROGRAMS TO PRESERVE VISION AND PREVENT BLINDNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Graham Executive Director | Officer | 40 | $97,104 |
David Ei Pyott Mdhc President | OfficerTrustee | 4 | $0 |
James V Mazzo Vice President | OfficerTrustee | 2 | $0 |
Bruce E Spivey MD Ms Med Secretary-Treasurer | OfficerTrustee | 4 | $0 |
Rubens Belfort Jr MD PHD Director | Trustee | 1 | $0 |
F Michael Ball Director (from Feb 2021) | 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 | $702,800 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $702,800 |
| Total Program Service Revenue | $0 |
| Investment income | $54,271 |
| 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 | $757,071 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $162,579 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $104,967 |
| Compensation of current officers, directors, key employees. | $13,126 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $185,223 |
| Pension plan accruals and contributions | $1,817 |
| Other employee benefits | $2,225 |
| Payroll taxes | $12,675 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $34,010 |
| Fees for services: Accounting | $23,461 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,174 |
| Fees for services: Other | $6,524 |
| Advertising and promotion | $0 |
| Office expenses | $31,356 |
| Information technology | $19,037 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,532 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,312 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,691 |
| Insurance | $460 |
| All other expenses | $0 |
| Total functional expenses | $612,465 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $413,344 |
| Savings and temporary cash investments | $1,055 |
| Pledges and grants receivable | $354,982 |
| 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 | $41,472 |
| Net Land, buildings, and equipment | $16,739 |
| Investments—publicly traded securities | $1,596,918 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,424,510 |
| Accounts payable and accrued expenses | $26,366 |
| Grants payable | $0 |
| 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 | $26,366 |
| Net assets without donor restrictions | $1,155,237 |
| Net assets with donor restrictions | $1,242,907 |
| 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 | $2,424,510 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ophthalmology Foundation has recieved totaling $150,000.
| Awarding Organization | Amount |
|---|---|
Alcon Foundation Fort Worth, TX PURPOSE: EYE CARE | $100,000 |
Abbvie Foundation North Chicago, IL PURPOSE: GENERAL MISSION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
System Management Group San Diego, CA | $174,665,064 | $68,599,184 |
American Charter Schools Foundation Phoenix, AZ | $87,939,377 | $45,500,400 |
Salesforce Com Foundation San Francisco, CA | $419,674,142 | $105,083,193 |
Foundation For Grossmont And Cuyamaca Colleges El Cajon, CA | $30,579,750 | $41,100,641 |
Archival Foundation Beverly Hills, CA | $70,496,412 | $21,253,596 |
Provenance Duarte, CA | $16,793,106 | $20,000,682 |
Spark Sf Public Schools San Francisco, CA | $15,254,604 | $27,199,561 |
Great Public Schools Now Los Angeles, CA | $20,013,399 | $15,067,311 |
Institute For Supply Management Inc Tempe, AZ | $18,812,365 | $12,909,076 |
Gladstone Foundation San Francisco, CA | $27,923,141 | $22,078,581 |
George Lucas Educational Foundation San Rafael, CA | $6,425,809 | $14,665,129 |
The Parasol Tahoe Community Foundation Inc Incline Village, NV | $97,913,034 | $15,633,796 |