Wills Eye Foundation Inc

Organization Overview

Wills Eye Foundation Inc is located in Philadelphia, PA. The organization was established in 2006. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2021, Wills Eye Foundation Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wills Eye 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 06/2021, Wills Eye Foundation Inc generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $1.8m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT MISSION OF THE WILLS EYE HEALTH SYSTEM ENTITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE SUPPORT TO VARIOUS CHARITABLE, EDUCATIONAL, AND SCIENTIFIC ORGANIZATIONS SPECIFIED IN THE CORPORATION'S ARTICLES. AREAS OF ACTIVITY INCLUDES CLINICAL RESEARCH, EDUCATIONAL TRAINING ANDFELLOWSHIP OPERATIONAL SUPPORT.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mj Settelen Construction Llc
Construction
$1,296,966
Schultz Williams Inc
Consulting
$194,643
D2 Solutions Inc
Interior Design
$104,902
Mj Settelen Construction Llc
Construction
$1,296,966
Schultz Williams Inc
Consulting
$194,643
Schultz Williams Inc
Consulting
$194,643
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$189,897
Related organizations$0
Government grants $14,111
All other contributions, gifts, grants, and similar amounts not included above$2,230,230
Noncash contributions included in lines 1a–1f $76,984
Total Revenue from Contributions, Gifts, Grants & Similar$2,434,238
Total Program Service Revenue$0
Investment income $60,175
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$44,001
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,451,612

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Wills Eye Foundation Inc has recieved totaling $25,000.

Awarding OrganizationAmount
Newell Devalpine Foundation

Pittsburgh, PA

PURPOSE: INNOVATION IN OPTHAMOLOGY

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,193,376
Earnings$945,781
Net Contributions$131,635
Ending Balance$4,270,792

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