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Health : Medical Research (Grantmaking)

Foundation Fighting Blindness

Driving research to save and restore sight

three stars

80.34

7168 Columbia Gateway Drive Suite 100
Columbia, MD 21046
tel: (800) 683-5555   Web Site
EIN: 23-7135845

Board Leadership
David Brint
Chairman

CEO
Benjamin Yerxa
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 80.34 three stars
  Financial 72.50 two stars
  Accountability & Transparency 96.00 four stars
This rating was published 06/01/2017 using data provided by the charity on a consolidated pro forma 990 which was verified against 990s received from the IRS.

The urgent mission of the Foundation Fighting Blindness (FFB) is to drive the research that will provide preventions, treatments and cures for people affected by retinitis pigmentosa (RP), macular degeneration, Usher Syndrome, and the entire spectrum of retinal degenerative diseases. Since its inception in 1971, The Foundation has raised over $500 million and funded thousands of research studies at hundreds of prominent institutions. The FFB funds leading-edge research in promising areas such as genetics, gene therapy, retinal cell transplantation, artificial retinal implants, and pharmaceutical and nutritional therapies.

The urgent mission of the Foundation Fighting Blindness (FFB) is to drive the research that will provide preventions, treatments and cures for people affected by retinitis pigmentosa (RP), macular degeneration, Usher Syndrome, and the entire spectrum of retinal degenerative diseases. Since its inception in 1971, The Foundation has raised over $500 million and funded thousands of research studies at hundreds of prominent institutions. The FFB funds leading-edge research in promising areas such as genetics, gene therapy, retinal cell transplantation, artificial retinal implants, and pharmaceutical and nutritional therapies.

Financial

two stars

72.50

Accountability & Transparency

four stars

96.00

This rating was published 06/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
67.5%
  Administrative Expenses 7.9%
  Fundraising Expenses 24.4%
  Fundraising Efficiency $0.12
  Working Capital Ratio (years) 4.87
  Program Expenses Growth -2.5%
  Liabilities to Assets 9.4%
All data for Financial Performance Metrics calculations was provided by Foundation Fighting Blindness on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Foundation Fighting Blindness on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Foundation Fighting Blindness (MD) 80.34 three stars
D-Rev Design for the Other Ninety Percent (CA) 88.06 three stars
Project ALS (NY) 89.02 three stars
Foundation for Orthopaedic Research and Education (FL) 87.90 three stars
Brain Research Foundation (IL) 91.34 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $59,289,993
   Federated Campaigns $204,880
   Membership Dues $0
   Fundraising Events $9,020,637
   Related Organizations $0
   Government Grants $0
Total Contributions $68,515,510
   Program Service Revenue $415,973
Total Primary Revenue $68,931,483
   Other Revenue $3,021,387
TOTAL REVENUE $71,952,870
   
EXPENSES  
   Program Expenses $18,640,771
   Administrative Expenses $2,495,620
   Fundraising Expenses $7,285,983
TOTAL FUNCTIONAL EXPENSES $28,422,374
   
Payments to Affiliates $0
Excess (or Deficit) for the year $43,530,496
   
Net Assets $144,590,947

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Research $16,351,541 87.7%
Public Health $2,260,094 12.1%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-06 06/01/2017 80.34 three stars
2015-06 11/01/2016 81.40 three stars
2014-06 06/01/2016 85.40 three stars
 
CN 2.0
2014-06 02/01/2015 88.33 three stars
2013-06 08/01/2014 88.84 three stars
2012-06 02/01/2013 90.74 four stars
2011-06 03/01/2012 82.43 three stars
2010-06 09/20/2011 85.36 three stars
 
CN 1.0
2010-06 07/01/2011 77.63 two stars
2009-06 11/24/2010 72.33 two stars
2008-06 05/01/2009 76.76 two stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 23-7135845
Name in IRS Master File FOUNDATION FIGHTING BLINDNESS INC
NTEE Code H41
NTEE Classification Eye Research
NTEE Type Medical Research
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (161) Scientific research (diseases)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Central - the organization is a parent (group ruling) and is not a church or 501(c)(1) organization.
Group Name FOUNDATION FIGHTING BLINDNESS INC
Ruling Date February, 1973
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$370,504 1.30% William T. Schmidt Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
Foundation Fighting Blindness (MD) 80.34 three stars
Children's Tumor Foundation (NY) 85.15 three stars
Macula Vision Research Foundation (PA) 86.25 three stars
Michael J. Fox Foundation for Parkinson's Research (NY) 92.92 four stars
Diabetes Action Research and Education Foundation (MD) 89.44 three stars

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This charity has an official representative registered with Charity Navigator.

Note: This rating represents consolidated financial data for these organizations:

  • Foundation Fighting Blindness
  • Foundation Fighting Blindness Clinical Research Institute (45-0524687)

Charity Contact Info

Foundation Fighting Blindness
7168 Columbia Gateway Drive
Suite 100
Columbia, MD 21046
tel: (800) 683-5555
fax: (410) 423-0600
TTY: (800) 683-5551
EIN: 23-7135845

Mail donations to:
P.O. Box 45740
Baltimore, MD 21297

Visit Web Site

Board Leadership

David Brint
Chairman

CEO

Benjamin Yerxa
Chief Executive Officer

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