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Ophthalmology Research Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237081974 ✦ Miami, FL ✦ Designated as a 501(c)(3)

Overview

What is Ophthalmology Research Foundation?

The Ophthalmology Research Foundation is a nonprofit organization situated in Miami, Florida. Its primary mission is to offer financial backing to the Department of Ophthalmology within the University of Miami School of Medicine. Recently, the foundation has been actively involved in property acquisition, loans, and construction projects, notably for the development of Bascom Palmer's primary practice locations. Most notably, land was purchased for the construction of the Bascom Palmer Eye Institute in Naples, Florida. The organization's support aims to advance ophthalmological research and healthcare.


Is Ophthalmology Research Foundation legitimate?

Ophthalmology Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ophthalmology 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,750

For more financial information, click here


What is the mission statement of Ophthalmology Research Foundation?
Who is the CEO of Ophthalmology Research Foundation?
What is the revenue of Ophthalmology Research Foundation?
Who are the executives of Ophthalmology Research Foundation and what are their salaries?
Where can I find the form 990 for Ophthalmology Research Foundation?

Mission Statement of Ophthalmology Research Foundation

The Ophthalmology Research Foundation serves a vital role in supporting the Department of Ophthalmology at the University of Miami School of Medicine. Its mission is primarily focused on providing financial assistance for this department, thereby contributing to its overall growth and development. To further its objectives, the foundation engages in various activities such as purchasing property, lending money, or constructing primary practice locations. A recent example of its investment is the acquisition of land for the construction of the Bascom Palmer Eye Institute in Naples, FL. By providing this financial support, the Ophthalmology Research Foundation plays a crucial role in advancing ophthalmological research and education, ultimately aiming to improve eye health and vision care.

Impact

This information is meant to be a general summary of Ophthalmology Research Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Ophthalmology Research Foundation has a significant impact on advancing medical research in the field of ophthalmology. By providing financial support to the Department of Ophthalmology at the University of Miami School of Medicine, the foundation helps fund crucial research projects, equipment acquisition, and training programs for medical professionals. Through initiatives like purchasing property for construction projects and providing loans to facilitate the growth of facilities like the Bascom Palmer Eye Institute in Naples, FL, the foundation contributes to the development of cutting-edge treatments and technologies in eye care. Overall, the Ophthalmology Research Foundation plays a vital role in supporting innovative research that can improve the vision and eye health of individuals worldwide.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,385,956
  • Program Service Revenue: $2,366,046
  • Gross Receipts: $9,352,354

    • Assets and Liabilities:
  • Total Assets: $78,932,137
  • Total Liabilities: $11,235,502
  • Net Assets: $67,696,635
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $2,366,046

    Organization Details

    Founding Year

    1970

    Principal Officer

    John G Clarkson Md

    Main Address

    PO BOX 015869, MIAMI, FL, 33101

    NTEE Category

    Code: H41J - Medical research

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