Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
|
Total |
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Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | 879,540 | 472,439 | 586,085 | 612,722 | 639,031 | 3,189,817 |
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf .... | 0 | |||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | 0 | |||||
| 4 | Total. Add lines 1 through 3 | 879,540 | 472,439 | 586,085 | 612,722 | 639,031 | 3,189,817 |
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f) .. | 1,147,309 | |||||
| 6 | Public support. Subtract line 5 from line 4. | 2,042,508 | |||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | 879,540 | 472,439 | 586,085 | 612,722 | 639,031 | 3,189,817 |
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | 946,096 | 908,959 | 847,730 | 1,084,451 | 1,291,318 | 5,078,554 |
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | 15,178 | 22,557 | 7,855 | 29,214 | 8,908 | 83,712 |
| 11 | Total support. Add lines 7 through 10 | 8,352,083 | |||||
Calendar year (or fiscal
year beginning in) ![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | ||||||
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | ||||||
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | ||||||
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | ||||||
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | ||||||
| c | Add lines 7a and 7b.. | ||||||
| 8 | Public support. (Subtract line 7c from line 6.) | ||||||
Calendar year
(or fiscal year beginning in)
![]() |
(a) 2020 | (b) 2021 | (c) 2022 | (d) 2023 | (e) 2024 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | ||||||
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | ||||||
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | ||||||
| 11 | Net income from unrelated business activities not included on line 10b, whether or not the business is regularly carried on. | ||||||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | ||||||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | ||||||
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 0.015 of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by 0.035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2024 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2024 |
(iii) Distributable Amount for 2024 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2024 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2024 (reasonable cause required-- explain in Part VI).
See instructions. |
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| 3 Excess distributions carryover, if any, to 2024: | ||||
| a From 2019....... | ||||
| b From 2020....... | ||||
| c From 2021....... | ||||
| d From 2022....... | ||||
| e From 2023....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2024 distributable amount | ||||
|
i
Carryover from 2019 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2024 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2024 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2024, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2024. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2025. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2020..... | ||||
| b Excess from 2021..... | ||||
| c Excess from 2022..... | ||||
| d Excess from 2023..... | ||||
| e Excess from 2024..... | ||||
| Facts And Circumstances Test |
|---|
| Current Year Facts and Circumstances: THE EYE-BANK FOR SIGHT RESTORATION, INC. (THE "EYE-BANK") QUALIFIES AS PUBLICLY SUPPORTED BECAUSE IT MEETS THE 10% PLUS FACTS-AND-CIRCUMSTANCES TEST UNDER TREAS REG. 1.170A-9(E)(3) IN THE FOLLOWING RESPECTS:10% OF SUPPORT LIMITATION - AT 24.63%, THE EYE-BANK'S PUBLIC SUPPORT PERCENTAGE FOR 2024 EXCEEDED 10%.ATTRACTION OF PUBLIC SUPPORT AND PUBLIC MISSION - THE EYE-BANK FOR SIGHT RESTORATION, THE WORLDS FIRST EYE BANK, IS DEVOTED TO HELPING TO RESTORE SIGHT THROUGH EYE DONATIONS AND CORNEA TRANSPLANTS, AS WELL AS PROVIDING OCULAR TISSUE FOR RESEARCH INTO TREATMENT AND CURES FOR BLINDING EYE DISEASES. PUBLIC AWARENESS ABOUT THE NEED FOR EYE DONATIONS IS A KEY COMPONENT OF THE EYE-BANKS EFFORTS TO RESTORE SIGHT TO HUNDREDS OF INDIVIDUALS EACH YEAR. THE EYE-BANKS WELL-ESTABLISHED PROGRAMS INCLUDE A STATE-OF-THE-ART OCULAR LABORATORY WHICH OPERATES 24/7 TO RECOVER, EVALUATE AND DISTRIBUTE SAFE, QUALITY DONOR EYE TISSUE FOR APPROXIMATELY 1,200 CORNEA TRANSPLANTS ANNUALLY. THE OCULAR TISSUE RESEARCH PROGRAM SUPPLIES DONOR EYE TISSUE TO MEDICAL SCIENTISTS STUDYING TREATMENTS AND CURES OF VARIOUS EYE DISEASES INCLUDING GLAUCOMA AND DISEASES OF THE RETINA, BY PROVIDING CELL CULTURES TO ASSIST RESEARCHERS WITH THEIR EFFORTS TO HELP MORE PEOPLE WITH SIGHT SAVING TRANSPLANTS. THE PROFESSIONAL EDUCATION PROGRAM PROVIDES HEALTH CARE PROFESSIONALS WITH INFORMATION ABOUT EYE DONATION AND DONOR CRITERIA THROUGH IN-SERVICE EDUCATION AT HOSPITALS THROUGHOUT THE EYE-BANKS SERVICE AREA, WHICH INCLUDES NEW YORK CITY, LONG ISLAND AND THE LOWER HUDSON VALLEY. THE EYE-BANKS PUBLIC EDUCATION PROGRAM OFFERS INFORMATION ABOUT EYE DONATION TO THE GENERAL PUBLIC THROUGH ITS WEBSITE, BLOG, BROCHURES AND A NEWSLETTER, EYE-TO-EYE, WHICH IS CIRCULATED TO MORE THAN 15,000 FRIENDS AND SUPPORTERS. THE USER-FRIENDLY WEBSITE OFFERS VALUABLE INFORMATION IN SPANISH AS WELL AS ENGLISH ABOUT EYE DONATION AND CORNEA TRANSPLANTATION; HOW TO WRITE TO YOUR DONOR FAMILY; AND HOW TO ENROLL IN THE NYS DONATE LIFE REGISTRY. EVERY DONOR FAMILY IS OFFERED THE NYS DONATE LIFE MEDAL IN HONOR OF THEIR LOVED ONES EYE DONATION. THE EYE-BANKS MARKETING PROGRAM INFORMS THE PUBLIC ABOUT THE IMPORTANCE OF EYE DONATION AND ENROLLING IN THE DONATE LIFE REGISTRY THROUGH A MULTI-MEDIA ADVERTISING CAMPAIGN THAT REACHES A NEW YORK METROPOLITAN AUDIENCE VIA RADIO, NEWSPAPERS, SOCIAL MEDIA AND DIGITAL MARKETING INCLUDING SPANISH LANGUAGE OUTLETS. THE YOUNG AMBASSADOR PROGRAM INVITES CORNEA TRANSPLANT RECIPIENTS AGES FOUR TO 17 TO EXPRESS THEMSELVES CREATIVELY THROUGH ART AND POETRY AND SELECTED EFFORTS ARE FEATURED IN THE EYE-BANKS ANNUAL THANKSGIVING CARD AND ON SOCIAL MEDIA. THE PROGRAM ALSO AWARDS TWO $3,000 SCHOLARSHIPS ANNUALLY FOR QUALIFYING APPLICANTS PURSUING HIGHER EDUCATION, THE YOUNG AMBASSADOR SCHOLARSHIP AND THE STEM SCHOLARSHIP. THE YOUNG AMBASSADOR SCHOLARSHIP IS AWARDED TO A STUDENT WHO HAS ACTIVELY PROMOTED EYE, ORGAN OR TISSUE DONATION. THE STEM SCHOLARSHIP IS AWARDED TO STUDENTS PURSUING STUDIES IN SCIENCE, TECHNOLOGY, ENGINEERING, OR MATHEMATICS. SOURCES OF SUPPORT: THE EYE-BANK'S FUNDING COMES FROM DIVERSE SOURCES INCLUDING INDIVIDUAL DONORS, CORPORATE PARTNERS AND SPONSORS, FAMILY FOUNDATIONS, DONOR FAMILY MEMBERS AND RECIPIENTS, AS WELL AS MEMBERS OF THE EYE-BANKS BOARD OF DIRECTORS, MEDICAL ADVISORY BOARD, AND ITS LEADERSHIP COUNCIL. IN ORDER TO EXPAND THE POOL OF DONORS THE EYE-BANK PLANS TO: 1.CONTINUE THE INCREASED DIRECT MAIL ACQUISITION PROGRAM ESTABLISHED IN 2023 WHICH INCLUDES FOUR MAILINGS ANNUALLY. THESE MAILINGS ARE ENHANCED BY THE PURCHASE OF LISTS FROM ORGANIZATIONS WHOSE AUDIENCE SUPPORTS VISION-IMPAIRED COMMUNITIES, ALLOWING US TO REACH A TOTAL OF 98,000 NEW POTENTIAL SUPPORTERS ANNUALLY. IN 2024, THIS RESULTED IN 570 NEW FINANCIAL DONORS WHOSE NAMES HAVE BEEN ADDED TO OUR DONOR DATABASE. 2.PARTNER WITH THE EYE-BANKS COMMUNICATION DEPARTMENT WHICH IS CURRENTLY RUNNING A 400 FACES CAMPAIGN. THE CAMPAIGN WILL FEATURE PHOTOS OF 400 CORNEA TRANSPLANT RECIPIENTS IN CELEBRATION OF NEW YORK CITYS 400TH ANNIVERSARY. WHILE THESE INDIVIDUALS ARE ALREADY CONNECTED TO THE EYE-BANKS MISSION, THEY HAVE NOT BEEN SOLICITED TO MAKE A FINANCIAL CONTRIBUTION. WE PLAN TO CREATE A SPECIAL APPEAL ENCOURAGING THEM TO MAKE A FIRST TIME GIFT TO THE EYE-BANK. 3.UTILIZE E-MAIL FINDER SOFTWARE ON A QUARTERLY BASIS TO CAPTURE MISSING EMAIL ADDRESSES for OUR CONSTITUENTS SO THEY CAN RECEIVE MONTHLY FUNDRAISING EMAIL CAMPAIGN MESSAGES. IN 2024, THIS RESULTED IN 2,260 NEW EMAIL ADDRESSES, 825 OF WHICH WERE POTENTIAL NEW DONORS, WHO HAD NOT YET MADE A FINANCIAL CONTRIBUTION TO THE EYE-BANK. 4.CONTINUE TO HOST SPECIAL EVENTS INCLUDING A SPRING BENEFIT AND FALL BENEFIT, EACH ATTENDED BY 275 GUESTS AND SPONSORED BY CORPORATE AND COMMUNITY PARTNERS. THE MAJORITY OF THE TICKETS FOR BOTH EVENTS ARE SOLD THROUGH OUR BENEFIT COMMITTEE MADE UP OF MEMBERS OF OUR BOARD OF DIRECTORS, MEDICAL ADVISORY BOARD AND MAJOR DONORS. TICKET PACKAGES ARE SOLD AT VARIOUS LEVELS. THE BENEFIT COMMITTEE IS BE ENCOURAGED TO INVITE GUESTS FROM THEIR PERSONAL NETWORKS WHO WOULD BE FIRST-TIME CONTRIBUTORS TO THE EYE-BANK SHOULD THEY MAKE A GENERAL DONATION TO THE EVENT, PURCHASE A RAFFLE TICKET OR WIN A SILENT AUCTION ITEM. FOLLOWING THE EVENT, WE WILL CULTIVATE THIS GROUP ENCOURAGING THEM TO BECOME NEW FINANCIAL SUPPORTERS. 5.HOST TWO FUNDRAISING EVENTS WITH THE EYE-BANKS LEADERSHIP COUNCIL. THESE WILL INCLUDE A SUMMER GATHERING AND A WINTER HOLIDAY EVENT. THE 12 LEADERSHIP COUNCIL MEMBERS WILL BE ASKED TO SELL TICKETS TO FIVE NEW INDIVIDUALS FOR EACH EVENT (A TOTAL OF 120 NEW DONORS), WHO WOULD BE INTRODUCED TO THE EYE-BANKS MISSION.6.CREATE MULTIPLE SOCIAL MEDIA FUNDRAISING CAMPAIGNS ENCOURAGING OUR CURRENT FOLLOWERS ON VARIOUS SOCIAL MEDIA PLATFORMS TO FORWARD OUR CONTENT TO THEIR FOLLOWERS AND ENCOURAGE THEM TO PARTICIPATE IN FUNDRAISING CHALLENGES. ADDITIONALLY, WE WILL CONTINUE TO UTILIZE FACEBOOK ADS AND STRATEGIC SEARCH ENGINE OPTIMIZATION TO INCREASE FUNDS RAISED FROM NEW AUDIENCES, WHO CURRENTLY SUPPORT NEW YORKS VISION-IMPAIRED COMMUNITY.7.OPTIMIZE PARTNERSHIPS WITH OUR BOARD OF DIRECTORS AND MEDICAL ADVISORY BOARD MEMBERS TO CULTIVATE NEW MAJOR DONORS AND ENCOURAGE SUPPORT FROM THEIR RESPECTIVE BUSINESSES AND PROFESSIONAL NETWORKS. 8.INCLUDE A BUSINESS REPLY ENVELOPE IN THE EYE-BANKS "EYE TO EYE" NEWSLETTER WHICH IS CIRCULATED TO MORE THAN 18,000 CONSTITUENTS ANNUALLY. REPRESENTATIVE GOVERNING BODY: THE EYE-BANK'S ACTIVITIES ARE GOVERNED BY A BOARD OF DIRECTORS REFLECTING A BROAD RANGE OF INDIVIDUALS WITH SPECIAL BACKGROUNDS AND EXPERTISE IN MANAGING AND OPERATING NONPROFIT ORGANIZATIONS. WE AIM TO ADD THREE TO FIVE NEW MEMBERS TO THE BOARD BEFORE YEAR END, EACH CHARGED WITH A GIVE / GET COMMITMENT OF $5,000 ANNUALLY.1.OUR LEADERSHIP COUNCIL IS A GROUP OF MID-CAREER PROFESSIONALS WHO SUPPORT THE EYE-BANKS FUNDRAISING AND ADVOCACY EFFORTS. WE AIM TO ADD FIVE TO 10 NEW MEMBERS TO THE COUNCIL BEFORE YEAR END, EACH CHARGED WITH A GIVE / GET COMMITMENT OF $1,000 ANNUALLY. PUBLIC BENEFIT THE EYE-BANK PROVIDES SERVICES DIRECTLY FOR THE BENEFIT OF THE GENERAL PUBLIC ON A CONTINUING BASIS BY RECOVERING, PROCESSING AND PROVIDING CORNEA TISSUE FOR SIGHT SAVING SURGERIES, RESEARCH AND INNOVATION. SINCE OUR FOUNDING IN 1944, THE EYE-BANK HAS HELPED PROVIDE THE GIFT OF SIGHT TO MORE THAN 74,000 INDIVIDUALS, WHO WOULD OTHERWISE HAVE BEEN BLIND. Prior Year Facts and Circumstances: THE EYE-BANK FOR SIGHT RESTORATION, INC. (THE "EYE-BANK") QUALIFIES AS PUBLICLY SUPPORTED BECAUSE IT MEETS THE 10% PLUS FACTS-AND-CIRCUMSTANCES TEST UNDER TREAS REG. 1.170A-9(E)(3) IN THE FOLLOWING RESPECTS:10% OF SUPPORT LIMITATION - AT 25.54% THE EYE-BANK'S PUBLIC SUPPORT PERCENTAGE FOR 2023 EXCEEDED 10% AND IS RELATIVELY CLOSE TO 33.3%.PUBLIC BENEFIT: MISSION AND PROGRAMSTHE EYE-BANKS WELL-ESTABLISHED PROGRAMS INCLUDE A STATE-OF-THE-ART OCULAR LABORATORY WHICH OPERATES 24/7 TO RECOVER, EVALUATE AND DISTRIBUTE SAFE, QUALITY DONOR EYE TISSUE FOR APPROXIMATELY 1,200 CORNEA TRANSPLANTS ANNUALLY. THE OCULAR TISSUE RESEARCH PROGRAM SUPPLIES DONOR EYE TISSUE TO MEDICAL SCIENTISTS STUDYING TREATMENTS AND CURES OF VARIOUS EYE DISEASES INCLUDING GLAUCOMA AND DISEASES OF THE RETINA, BY PROVIDING CELL CULTURES TO ASSIST RESEARCHERS WITH THEIR EFFORTS TO HELP MORE PEOPLE WITH SIGHT SAVING TRANSPLANTS. THE PROFESSIONAL EDUCATION PROGRAM PROVIDES HEALTH CARE PROFESSIONALS WITH INFORMATION ABOUT EYE DONATION AND DONOR CRITERIA THROUGH IN-SERVICE EDUCATION AT HOSPITALS THROUGHOUT THE EYE-BANKS SERVICE AREA, WHICH INCLUDES NEW YORK CITY, LONG ISLAND AND THE LOWER HUDSON VALLEY. THE EYE-BANKS PUBLIC EDUCATION PROGRAM OFFERS INFORMATION ABOUT EYE DONATION TO THE GENERAL PUBLIC THROUGH ITS WEBSITE, BLOG, BROCHURES AND A NEWSLETTER, EYE-TO-EYE, WHICH IS CIRCULATED TO MORE THAN 15,000 FRIENDS AND SUPPORTERS. THE USER-FRIENDLY WEBSITE OFFERS VALUABLE INFORMATION IN SPANISH AS WELL AS ENGLISH ABOUT EYE DONATION AND CORNEA TRANSPLANTAT |
| Return Reference | Explanation |
|---|
| Software ID: | 24020490 |
| Software Version: | 2024v5.2 |
| Return Reference | Explanation |
|---|---|
| Form 990, Part VI, Section B, Line 11b | The Finance Committee reviewed the 2024 Form 990 in detail. With the Committee's approval, it was presented to the full Board at the October meeting and all questions and comments were resolved prior to filing. |
| Form 990, Part VI, Section B, Line 12c | A Director or Officer shall disclose a conflict of interest: (a) prior to voting on or otherwise discharging his duties with respect to any matter involving the conflict which comes before the Board or any committee; (b) prior to entering into any contract or transaction involving the conflict; (c) as soon as possible after the Director or Officer learns of the conflict; and (d) on the annual conflict of interest disclosure form. |
| Form 990, Part VI, Section B, Line 15a | The Executive Committee functions as the Compensation Committee. The Committee annually reviews the past year's goals and outcomes as well as the goals for the coming year of the Executive Director and then approves the salary of the Executive Director for the new fiscal year. Every three years, The Eye-Bank engages a third-party to provide comparability data to assist in determining the Executive Director's compensation. All compensation decisions are substantiated by contemporaneous emails. |
| Form 990, Part VI, Section C, Line 19 | The Eye-Bank makes its governing documents available to the public as mandated by federal disclosure requirements. The Federal Form 990 is also available on Guidestar.org. |
| Form 990, Part XI, Line 9 | Change in value of beneficial interest in charitable trusts = $326391 |
| Software ID: | 24020490 |
| Software Version: | 2024v5.2 |