Glaucoma Foundation Inc

Organization Overview

Glaucoma Foundation Inc is located in New York, NY. The organization was established in 1985. 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. As of 12/2021, Glaucoma Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Glaucoma 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, Glaucoma Foundation Inc generated $4.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $2.5m during the year ending 12/2021. While expenses have increased by 10.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Glaucoma Foundation Inc has awarded 27 individual grants totaling $1,664,842. 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE GLAUCOMA FOUNDATION IS AN INTERNATIONAL NOT-FOR-PROFIT ORGANIZATION DEDICATED TO ERADICATING GLAUCOMA, THE LEADING CAUSE OF PREVENTABLE BLINDNESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MEDICAL RESEARCH: THE GLAUCOMA FOUNDATION AWARDS GRANTS-IN-AID FOR GLAUCOMA RESEARCH IN THE FOLLOWING DISCIPLINES:1. OPTIC NERVE RESCUE AND RESTORATIONS- NEUROPROTECTANTS AND THEIR ROLE IN GLAUCOMA- REVERSAL OF DYSFUNCTION OF DAMAGED RETINAL GANGLION CELLS- RETINAL GANGLION CELL AXONAL REGENERATION- OPTIC NERVE TRANSPLANTATION2. MOLECULAR GENETICS- RESEARCH INTO THE GENETIC CAUSES OF THE VARIOUS FORMS OF GLAUCOMA, PARTICULARLY THE IDENTIFICATION OF THE RESPONSIBLE GENES, WITH THE LONG-TERM GOAL OF FINDING WAYS TO REVERSE THESE GENETIC DEFECTS.3. NANOTECHNOLOGY- RESEARCH INTO THE USE OF NANOTECHNOLOGY FOR MONITORING IOP, DIAGNOSING AND MONITORING DAMAGE TO THE OPTIC NERVE AND DELIVERING DRUGS AND OTHER THERAPIES.GRANTS ARE AWARDED FOR A ONE-YEAR PERIOD AND ARE RENEWABLE. THE MAXIMUM AMOUNT OF FUNDS AWARDED FOR A ONE-YEAR PERIOD IS $60,000 PER GRANTEE. RESEARCHERS MAY ALSO APPLY FOR A ONE-TIME EXPANDED GRANT RENEWAL UP TO $60,000 FOR A SECOND YEAR. FUNDS ARE NOT TO BE USED FOR SALARIES, PERSONNEL SUPPORT, OVERHEAD OR OTHER INDIRECT COSTS. ALL REQUESTS FOR GRANTS MUST BE MADE IN WRITING ON THE FOUNDATIONS APPLICATION FORM AND SUPPORTING DOCUMENTATION MUST INCLUDE A DESCRIPTION OF THE OBJECTIVES, BACKGROUND, METHODOLOGY, SIGNIFICANCE, ANY PRELIMINARY RESULTS, AND BUDGET FOR THE PROJECT.THE FOUNDATION ALSO SPONSORS THE ANNUAL SCIENTIFIC THINK TANK ON OPTIC NERVE RESCUE AND RESTORATION, A WORLDWIDE COLLABORATION OF LEADING SCIENTISTS AND RESEARCHERS POOLING THEIR EFFORTS TO SEEK A WAY TO REVERSE OPTIC NERVE DAMAGE.PUBLIC EDUCATION: THE GLAUCOMA FOUNDATION DISTRIBUTES THE FOLLOWING PUBLICATION ON REQUEST TO THE GENERAL PUBLIC AT NO CHARGE:- A 20-PAGE COLOR BROCHURE, DOCTOR, I HAVE A QUESTION, A GUIDE FOR PATIENTS AND THEIR FAMILIES- A QUARTERLY NEWSLETTER, EYE TO EYE- A LEAFLET, GLAUCOMA: THE LEADING CAUSE OF PREVENTABLE BLINDNESS, A BRIEF GUIDE DESCRIBING GLAUCOMA AND TREATMENT FOR GLAUCOMA.


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Board, Officers & Key Employees

Name (title)Compensation
Elena Sturman
President & CEO
$347,688
Cly Fowkes
Dir.sp.pr.
$129,282
Nilda Richards
Controller
$95,333
Gregory K Harmon
Chairman
$0
Robert Ritch
Founder
$0
Baldo Scassellati Sforzolini
Director
$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$3,616,583
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,616,583
Total Program Service Revenue$0
Investment income $98,435
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $522,096
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,297,114

Grants Awarded

Over the last fiscal year, Glaucoma Foundation Inc has awarded $604,842 in support to 8 organizations.

Grant RecipientAmount

BOR UNI OF WISCONSIN SYSTEM

Org PageRecipient Profile

Madison, WI

PURPOSE: Medical Research

$119,842

THE REGENTS OF THE UNI CALI

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: Medical Research

$100,000

RESEARCH TO PREVENT BLINDNESS

Org PageRecipient Profile

New York, NY

PURPOSE: Medical Research

$75,000

ICAHN SCHOOL OF MEDICINE

Org PageRecipient Profile

New York, NY

PURPOSE: Medical Research

$70,000

MEDICAL UNI OF SOUTH CAROLINA

Org PageRecipient Profile

Charleston, SC

PURPOSE: Medical Research

$60,000

INDIANA UNIVERSITY TRUSTEES

PURPOSE: Medical Research

$60,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 25 grants that Glaucoma Foundation Inc has recieved totaling $529,455.

Awarding OrganizationAmount
Gerald B Cramer Family Foundation Inc

Woodbury, NY

PURPOSE: CHARITABLE

$300,000
Research To Prevent Blindness Inc

New York, NY

PURPOSE: FELLOWSHIP IN GLAUCOMA GRANT

$75,000
Mahadeva Fam Foundation Tr

Miami, FL

PURPOSE: GENERAL PURPOSES

$60,000
Abbvie Foundation

North Chicago, IL

PURPOSE: GENERAL SUPPORT

$50,000
Longhill Charitable Foundation Inc

New York, NY

PURPOSE: HEALTH

$20,000
Besite Foundation Inc

Towaco, NJ

PURPOSE: CHARITABLE

$9,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,429,477
Earnings$1,518,316
Net Contributions$493,553
Other Expense$878,162
Ending Balance$8,563,184

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