Research To Prevent Blindness Endowment Fund Inc is located in New York, NY. The organization was established in 1988. 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.
For the year ending 12/2020, Research To Prevent Blindness Endowment Fund Inc generated $3.5m 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 (18.2%) each year. All expenses for the organization totaled $9.4m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Research To Prevent Blindness Endowment Fund Inc has awarded 146 individual grants totaling $25,824,000. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES THE ORGANIZATIONAL & FINANCIAL RESOURCES NECESSARY TO SUPPORT EYE RESEARCH
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH GRANTS AND SUPPORT: DURING 2020, RESEARCH TO PREVENT BLINDNESS ENDOWMENT FUND, INC. (RPBEF) MADE GRANTS TO UNIVERSITY MEDICAL SCHOOLS TO AID IN THE OPHTHALMOLOGICAL RESEARCH OF BLINDING EYE DISEASES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
John Tinker Treasurer & Assistant Secre | OfficerTrustee | 3 | $0 |
Diane S Swift Chairman | OfficerTrustee | 3 | $0 |
Brian F Hofland President | Officer | 3 | $0 |
David Brenner Vice President & Secretary | Trustee | 3 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Grantham Mayo Van Otterloo & Co Llc Investment Management Services | 12/30/18 | $471,139 |
Wilshire Associates Incorporated Investment Management Services | 12/30/18 | $428,561 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Investment income | $4,745,605 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,778,818 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,476,808 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $7,987,654 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $31,900 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $450,764 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $50,006 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $9,366,345 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $5,436,516 |
Pledges and grants receivable | $0 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $103,260,354 |
Investments—other securities | $168,511,760 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $12,684,680 |
Total assets | $289,893,310 |
Accounts payable and accrued expenses | $184,398 |
Grants payable | $8,795,081 |
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 | $5 |
Total liabilities | $8,979,484 |
Net assets without donor restrictions | $233,791,643 |
Net assets with donor restrictions | $47,122,183 |
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 | $289,893,310 |
Over the last fiscal year, Research To Prevent Blindness Endowment Fund Inc has awarded $8,574,000 in support to 46 organizations.
Grant Recipient | Amount |
---|---|
Ann Arbor, MI PURPOSE: CAREER DEVELOPMENT RESEARCH GRANT: THOMAS WUBBEN, MD, PHD | $350,000 |
Syracuse, NY PURPOSE: CAREER DEVELOPMENT RESEARCH GRANT: PREETHI GANAPATHY, MD, PHD | $350,000 |
Houston, TX PURPOSE: CAREER DEVELOPMENT RESEARCH GRANT: ELIZABETH ZUNIGA-SANCHEZ, PHD | $350,000 |
Los Angeles, CA PURPOSE: CAREER DEVELOPMENT RESEARCH GRANT: AARON NAGIEL, MD, PHD | $350,000 |
Redwood City, CA PURPOSE: CAREER DEVELOPMENT RESEARCH GRANT: SOPHIA WANG, MD | $350,000 |
Baltimore, MD PURPOSE: CAREER DEVELOPMENT RESEARCH GRANT: THOMAS JOHNSON, MD, PHD | $350,000 |
Over the last fiscal year, we have identified 1 grants that Research To Prevent Blindness Endowment Fund Inc has recieved totaling $450,000.
Awarding Organization | Amount |
---|---|
Lions Clubs International Ftdn Oak Brook, IL PURPOSE: Research to Prevent Blindness/LCIF Low Vision Award | $450,000 |
Beg. Balance | $48,098,147 |
Earnings | $109,036 |
Grants | $1,085,000 |
Ending Balance | $47,122,183 |
Organization Name | Assets | Revenue |
---|---|---|
Research To Prevent Blindness Endowment Fund Inc New York, NY | $289,893,310 | $3,476,808 |
Foundation For Advancement Of Intl Medical Education And Research Philadelphia, PA | $61,244,677 | $4,360,499 |
Giovanni Armenise-Harvard Foundation For Scientific Research Boston, MA | $69,020,687 | $3,279,260 |
Nccn Foundation Plymouth Meeting, PA | $4,510,738 | $1,988,010 |
Ats Foundation Inc New York, NY | $9,094,437 | $2,088,115 |
Cds Wolf Foundation Inc Webster, NY | $11,835,684 | $1,960,285 |
Parkinson Alliance Inc Kingston, NJ | $817,204 | $623,914 |
Margaret M Dyson Tr Uw Fbo Margaret M Dyson Vision Research Institute Poughkeepsie, NY | $4,523,358 | $577,288 |
Commonwealth Housing Legal Services Glenside, PA | $63,989 | $386,000 |
Simons Fund Conshohocken, PA | $410,413 | $393,169 |
Denises People Butler, PA | $1,900 | $0 |
Pan Long Island Challenge Inc Wantagh, NY | $11,491 | $0 |