Overview
What is Vitreoretinal Surgery Foundation?
The Vitreoretinal Surgery Foundation, situated in Edina, Minnesota, is a dedicated nonprofit organization renowned for its annual Retinal Update Continuing Education Conference. This event, held for the past 27 years, attracts practicing ophthalmologists and optometrists from the Upper Midwest. The conference showcases presentations from VRS physicians and invited national speakers, earning accreditation for continuing medical education credits. The ophthalmic business community supports the conference, where they exhibit their latest innovations. The Vitreoretinal Surgery Foundation is unique as it is the only annual conference in the region focusing on retinal and macular diseases. Additionally, the foundation hosts a Resident/Fellow Case Review Conference, providing a platform for residents and fellows to present challenging cases and learn from experienced professionals. Beyond education, the organization supports research by funding awards for young investigators and promoting community outreach by raising awareness about retinal diseases, treatment options, and available resources.
Official website here: www.vrsfoundation.us
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star rating)
The Vitreoretinal Surgery Foundation has received an impressive Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. This rating is based entirely on a single beacon score, indicating that the organization has excelled in financial practices and transparency. The foundation has demonstrated a commitment to responsible financial management with a program expense ratio of 88.95%, meaning the majority of its funds are directed towards its programs.
Strengths of the organization include a fully independent board comprising nine members, with all members rated as independent. The foundation has also established robust governance policies, including a conflict of interest policy and a whistleblower policy, both of which contribute to its overall transparency and ethical standing. Additionally, the foundation maintains a low liabilities-to-assets ratio of 7.31%, underscoring its sound financial health.
While the data reflects a strong organizational structure and financial practices, it is essential for potential donors and stakeholders to consider ongoing evaluations of the foundation's program impact and effectiveness. Overall, the Vitreoretinal Surgery Foundation stands out as a well-managed nonprofit dedicated to its mission in the field of vitreoretinal surgery. For more details, visit their profile on Charity Navigator.
This AI summary has been generated from information found on Charity Navigator.
Is Vitreoretinal Surgery Foundation legitimate?
Vitreoretinal Surgery Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vitreoretinal Surgery 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:
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For more financial information, click here
Official website here: www.vrsfoundation.us
What is the mission statement of Vitreoretinal Surgery Foundation?
The Vitreoretinal Surgery Foundation is committed to advancing education and clinical research related to retinal and macular diseases. They accomplish this by funding awards for young investigators with a promising career in retinal disease research. Furthermore, the foundation supports professional education by sponsoring courses designed for medical and eye care professionals. Additionally, they engage in community outreach education, raising awareness about retinal diseases, available treatment options, and accessible resources.
Official website here: www.vrsfoundation.us
What is the revenue of Vitreoretinal Surgery Foundation?
Vitreoretinal Surgery Foundation's revenue in 2023 was $234,372.
Official website here: www.vrsfoundation.us
Who are the executives of Vitreoretinal Surgery Foundation and what are their salaries?
There 9 volunteers at Vitreoretinal Surgery Foundation.
Here are 9 key members and their salaries:
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Official website here: www.vrsfoundation.us
Where can I find the form 990 for Vitreoretinal Surgery Foundation?
Vitreoretinal Surgery Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.vrsfoundation.us
Learn more at the official website: www.vrsfoundation.us
Mission Statement of Vitreoretinal Surgery Foundation
The Vitreoretinal Surgery Foundation, with a focus on retinal and macular diseases, is committed to fostering education and driving clinical research in this field. The organization's mission is twofold. Firstly, they support the careers of young investigators with a keen interest in retinal diseases and research, providing them with funding awards. This initiative aims to nurture future leaders in the field of retinal diseases and research.
Secondly, the Vitreoretinal Surgery Foundation promotes professional education by sponsoring courses tailored for medical and eye care professionals. These courses are designed to enhance their knowledge and skills related to retinal diseases and treatments, thereby improving patient care.
In addition to these efforts, the foundation also engages in community outreach education. They raise awareness about retinal diseases, the available treatment options, and the resources that are accessible. By doing so, they empower both patients and their families, helping them navigate the challenges associated with retinal diseases more effectively.
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Impact
October, 2024
The Vitreoretinal Surgery Foundation significantly advances education and clinical research related to retinal and macular diseases. One of its key initiatives is the Annual Retinal Update Continuing Education Conference, which has been a cornerstone of professional development in this field for the past 27 years. This conference attracts practicing ophthalmologists and optometrists from the upper Midwest, providing them with valuable insights from both local VRS physicians and nationally recognized experts. The educational offerings are robust, with accreditation from the Minnesota Medical Association, allowing participants to earn AMA PRA Category 1 Credits.
In 2022, the conference saw participation from 153 attendees and 11 exhibitors, highlighting its importance as the sole event focused on retinal and macular diseases in the region. Additionally, the foundation enhances training opportunities by hosting a Resident/Fellow Case Review Conference, where young professionals present challenging cases to experienced physicians. This initiative fosters a collaborative learning environment that sharpens the diagnostic and clinical skills of future leaders in the field.
Beyond education, the foundation fulfills its mission by funding awards for young investigators, nurturing the next generation of researchers dedicated to retinal science. Its outreach efforts raise awareness of retinal diseases and available treatment options, further underscoring its impact on the community. Through these comprehensive initiatives, the Vitreoretinal Surgery Foundation plays a pivotal role in advancing knowledge, fostering professional development, and enhancing the standard of care in retinal healthcare.
This information is meant to be a general summary of Vitreoretinal Surgery 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: $13,621
- Program Service Revenue: $44,275
- Gross Receipts: $234,372
Assets and Liabilities:
- Total Assets: $835,474
- Total Liabilities: $64,600
- Net Assets: $770,874
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCE REVENUE
Revenue
$44,275
Organization Details
Founding Year
2003
Principal Officer
Herbert Cantrill
Website
www.vrsfoundation.usNTEE Category
Code: B60 - Education
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