Overview
What is Retina Research Foundation?
The Retina Research Foundation, located in Houston, Texas, is a public charity with a single employee dedicated to their mission. Their primary objective is to combat retinal blindness globally by funding research and educational programs. By raising funds from private donors and investing their endowment funds, they contribute significantly to the advancement of retinal health. The Retina Research Foundation's efforts aim to revolutionize the field and improve the lives of individuals affected by retinal disorders.
Official website here: www.retinaresearchfnd.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating.
The Retina Research Foundation has received an overall score of 88%, primarily reflecting its strong accountability and finance practices. The organization benefits from a fully independent board with all 18 members meeting this criterion, which contributes significantly to its governance ratings. Additionally, there are no reported material diversions of assets, indicating a solid financial integrity.
In terms of financial management, the foundation demonstrates a high program expense ratio of 91.86%, suggesting that the majority of its resources are focused on its mission-related activities. Moreover, the organization has implemented policies around conflict of interest and maintains proper documentation of board meeting minutes, further enhancing its operational transparency.
However, there are some noted limitations, particularly the absence of a whistleblower policy and a document retention and destruction policy. These missing elements may raise questions about the foundation's commitment to comprehensive governance practices, despite its overall strong performance in accountability and finance.
This AI summary has been generated from information found on Charity Navigator.
Is Retina Research Foundation legitimate?
Retina Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Retina Research Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $100,000
For more financial information, click here
Official website here: www.retinaresearchfnd.org
What is the mission statement of Retina Research Foundation?
The Retina Research Foundation's mission is centered around reducing retinal blindness globally. They achieve this objective by financing research and educational programs. Acting as a public charity, the organization raises funds from the private sector and makes use of its endowment investments. By funding these initiatives, the Retina Research Foundation aims to contribute significantly to the fight against retinal blindness worldwide.
Official website here: www.retinaresearchfnd.org
What is the revenue of Retina Research Foundation?
Retina Research Foundation's revenue in 2023 was $2,441,714.
Official website here: www.retinaresearchfnd.org
Who are the executives of Retina Research Foundation and what are their salaries?
The average compensation at Retina Research Foundation during 2023 was $100,000. There is 1 employee and 19 volunteers at Retina Research Foundation.
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Official website here: www.retinaresearchfnd.org
Where can I find the form 990 for Retina Research Foundation?
Retina Research Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.retinaresearchfnd.org
Learn more at the official website: www.retinaresearchfnd.org
Mission Statement of Retina Research Foundation
The Retina Research Foundation, an esteemed public charity, is dedicated to reducing retinal blindness globally. It achieves this mission by funding programs in both research and education. The organization raises funds from various sources within the private sector and utilizes the investment of its endowment funds. By funding these initiatives, the Retina Research Foundation strives to make significant strides in combating retinal blindness, ultimately aiming to improve vision and quality of life for individuals worldwide.
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Impact
October, 2024
The Retina Research Foundation (RRF) plays a vital role in combating retinal blindness on a global scale by supporting groundbreaking research and educational programs. With a strong focus on funding innovative studies, RRF helps advance the understanding and treatment of retinal diseases, thereby improving outcomes for individuals affected by vision loss. The foundation's efforts contribute to a richer body of knowledge in the field, enabling researchers and clinicians to develop novel therapies and interventions. By fostering collaboration among scientists, healthcare professionals, and educators, RRF drives progress that is essential for reducing the incidence of retinal blindness and enhancing the quality of life for those at risk. Ultimately, the foundation's commitment to research and education represents a significant impact in the fight against vision impairment worldwide.
This information is meant to be a general summary of Retina Research Foundation. 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 2023.
- Investment Income: $87,969
- Gross Receipts: $2,441,714
Assets and Liabilities:
- Total Assets: $3,916,625
- Total Liabilities: $100,000
- Net Assets: $3,816,625
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Organization Details
Founding Year
1969
Principal Officer
Arthur Willis Md
Website
www.retinaresearchfnd.orgNTEE Category
Code: H410 - Medical research
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