Overview
What is The Glaucoma Foundation Inc?
The Glaucoma Foundation Inc is a not-for-profit organization, headquartered in New York City, dedicated to combating glaucoma, the leading cause of preventable blindness worldwide. Their mission involves raising public awareness about the importance of regular eye examinations and funding groundbreaking research to discover cures for this condition. The organization awards grants for glaucoma research in various disciplines, such as optic nerve rescue and restoration, molecular genetics, and nanotechnology. Grants are provided for a one-year period and can be renewed, with a maximum of $60,000 per grantee. Researchers must submit written grant applications, detailing the project's objectives, background, methodology, significance, preliminary results, and budget. The Glaucoma Foundation also sponsors an annual scientific think tank, bringing together leading scientists and researchers to collaborate on reversing optic nerve damage. In addition to research, the foundation distributes educational materials, such as brochures and newsletters, to the general public at no cost.
Official website here: www.glaucomafoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star rating)
The Glaucoma Foundation Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and transparency within its operations. The organization excels particularly in the Accountability & Finance category, earning a perfect score of 100%. This indicates high standards in financial management and governance, including 100% independent board membership and effective oversight mechanisms.
Strengths of the foundation include a significant program expense ratio of 76.41%, demonstrating a focus on delivering impactful programs rather than excessive administrative costs. The foundation's fundraising efficiency also stands out, with only $0.11 spent to raise a dollar, reinforcing its effectiveness in mobilizing resources for its mission. Furthermore, the organization has clear strategic goals aimed at increasing awareness about glaucoma and enhancing educational efforts, which shows a proactive stance towards its cause.
However, while the foundation ranks high in accountability and leadership, its Culture & Community score of 77 suggests there may be room for improvement in fostering an inclusive and engaging environment. Nevertheless, the foundation’s commitment to enhancing the lives of individuals affected by glaucoma through education and research funding remains commendable.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Glaucoma Foundation Inc?
88% of 21 reviewers on Facebook recommend The Glaucoma Foundation Inc. Here is a summary of their reviews:
Many individuals appreciate having access to valuable information and resources through the foundation. Users express gratitude for the community that allows them to connect with others who have similar experiences, fostering understanding and support.
Overall, the foundation appears to successfully create a welcoming atmosphere for those affected by glaucoma. The positive sentiment suggests that it effectively meets the needs of its audience by providing both knowledge and a sense of belonging.
This AI summary has been generated from reviews found on Facebook.
Is The Glaucoma Foundation Inc legitimate?
The Glaucoma Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Glaucoma Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $526,882
Professional Fundraising Fees: $30,000
Other Salaries and Wages: $301,817
For more financial information, click here
Official website here: www.glaucomafoundation.org
What is the mission statement of The Glaucoma Foundation Inc?
The Glaucoma Foundation Inc is an international non-profit organization dedicated to eradicating glaucoma, the leading cause of preventable blindness. Their strategy to achieve this goal is twofold: raise public awareness about the importance of routine eye exams and fund critical research to find cures for glaucoma. The foundation awards grants for glaucoma research in various disciplines, including optic nerve rescue and restoration, molecular genetics, and nanotechnology. Grants are given for a one-year period and can be renewed, with a maximum amount of $60,000 per grantee. The foundation also sponsors the Annual Scientific Think Tank on Optic Nerve Rescue and Restoration, a collaboration of leading scientists and researchers seeking ways to reverse optic nerve damage. In addition, The Glaucoma Foundation distributes educational materials to the general public at no charge, such as a guide for patients and their families and a brief guide on glaucoma and its treatment.
Official website here: www.glaucomafoundation.org
Who is the CEO of The Glaucoma Foundation Inc?
Elena Sturman is the Chairman of The Glaucoma Foundation Inc. The CEO's salary of The Glaucoma Foundation Inc is $376,001 and their total compensation is $406,769.
Official website here: www.glaucomafoundation.org
What is the revenue of The Glaucoma Foundation Inc?
The Glaucoma Foundation Inc's revenue in 2022 was $2,913,222.
Official website here: www.glaucomafoundation.org
Who are the executives of The Glaucoma Foundation Inc and what are their salaries?
The average compensation at The Glaucoma Foundation Inc during 2022 was $165,740. There are 5 employees at The Glaucoma Foundation Inc.
Here are 26 key members and their salaries (The Glaucoma Foundation Inc's CEO's salary is $376,001 and their total compensation is $406,769):
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Official website here: www.glaucomafoundation.org
Where can I find the form 990 for The Glaucoma Foundation Inc?
The Glaucoma Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.glaucomafoundation.org
Learn more at the official website: www.glaucomafoundation.org
Mission Statement of The Glaucoma Foundation Inc
The Glaucoma Foundation, an international not-for-profit organization, is dedicated to eradicating glaucoma, the leading cause of preventable blindness. Their mission is twofold: firstly, raising public awareness about the importance of regular eye exams, and secondly, funding critical research to discover cures for glaucoma. The organization achieves this by awarding grants-in-aid for glaucoma research in various disciplines, including optic nerve rescue and restoration, molecular genetics, and nanotechnology. Grants are awarded for a year and can be renewed, with a maximum of $60,000 per grantee. However, the funds are not intended for salaries, personnel support, overhead, or other indirect costs.
The Glaucoma Foundation also sponsors the Annual Scientific Think Tank on Optic Nerve Rescue and Restoration, a global collaboration of leading scientists and researchers working together to find a way to reverse optic nerve damage. In addition to research, the foundation distributes educational materials to the general public at no charge. These include a 20-page color brochure, a quarterly newsletter, and a leaflet, all aimed at increasing public awareness about glaucoma and its treatment. By combining research and public education, The Glaucoma Foundation strives to eradicate glaucoma and reduce preventable blindness worldwide.
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Impact
August, 2024
The Glaucoma Foundation Inc's impact includes funding critical research in the fields of optic nerve rescue and restoration, molecular genetics, and nanotechnology, aimed at finding cures for glaucoma. Through grants awarded to researchers and sponsoring scientific collaborations, the foundation is at the forefront of efforts to combat this leading cause of preventable blindness. In addition, the foundation plays a crucial role in public education by providing informative resources to raise awareness about glaucoma and the importance of routine eye exams.
This information is meant to be a general summary of The Glaucoma Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $325,797
- Gross Receipts: $2,938,589
Assets and Liabilities:
- Total Assets: $12,309,626
- Total Liabilities: $554,217
- Net Assets: $11,755,409
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Organization Details
Founding Year
1984
Phone
(212) 651-1900Principal Officer
Elena Sturman
Main Address
80 MAIDEN LANE 700, NEW YORK, NY, 10038
Website
www.glaucomafoundation.orgNTEE Category
Code: G41Z - Disease
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