International Retinal Research Foundation Inc
- Assets
- $17.8m
- Revenue
- $2.6m
- Investments
- $16.3m
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 06/1997
- Data as of
- 12/2022
- EIN
- 72-1342841
Organization Overview
International Retinal Research Foundation Inc is located in Birmingham, AL. The organization was established in 1997. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Retinal Research 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 12/2022, International Retinal Research Foundation Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $9.3m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, International Retinal Research Foundation Inc has awarded 119 individual grants totaling $19,248,406. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael A Callahan MD President | 0.5 | $0 | |
V Hugo Marx III Treasurer | 0.5 | $0 | |
Paul Sternberg Jr MD Secretary | 0.5 | $0 | |
John S Parker MD Vice President | 0.5 | $0 | |
Sandra Blackwood Executive Director | 40 | $131,760 | |
Cynthia Toth MD Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $220,193 |
| Interest on Savings | $105,269 |
| Dividends & Interest | $767,147 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,478,279 |
| Capital Gain Net Income | $1,478,279 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,570,888 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $131,760 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $17,847 |
| Interest | $7,174 |
| Taxes | $42,802 |
| Depreciation | $500 |
| Occupancy | $11,360 |
| Travel, conferences, and meetings | $4,029 |
| Printing and publications | $911 |
| Other expenses | $88,285 |
| Total operating and administrative expenses | $440,200 |
| Contributions, gifts, grants paid | $8,831,859 |
| Total expenses and disbursements | $9,272,059 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,460,105 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $25,000 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $8,832,419 |
| Net Land, buildings, and equipment | $1,742 |
| Other assets | $0 |
| Total assets | $17,812,175 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, International Retinal Research Foundation Inc has awarded $8,831,859 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
FIGHT FOR SIGHT PURPOSE: RESEARCH | $22,500 |
RODRIGO ALVES MARTINS PURPOSE: RESEARCH | $81,690 |
SIGHT SAVERS AMERICA PURPOSE: RESEARCH | $175 |
UNIVERSITY OF WASHINGTON PURPOSE: RESEARCH | $35,000 |
UNIVERSITY OF CALIFORNIA - BERKELEY PURPOSE: RESEARCH | $35,000 |
VANDERBILT UNIVERSITY PURPOSE: RESEARCH | $8,324,994 |