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← GLAUCOMA RESEARCH FOUNDATION

Form 990 for tax year 2024

Filed by GLAUCOMA RESEARCH FOUNDATION.

Totals

Total revenue
$10,127,426
Total expenses
$9,098,569
Contributions and grants received
$9,190,412
Grants paid
$3,167,340
Program service revenue
$391,458
Investment income
$343,886
Other revenue
$201,670
Total assets, end of year
$16,545,749
Total liabilities, end of year
$1,459,454
Net assets or fund balances, end of year
$15,086,295
Program services expenses (Part IX)
$7,656,860
Management and general expenses
$523,096
Fundraising expenses
$918,613
Program service expenses (Part III)
$7,656,860

Program services were 84.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $9,190,412

  • 1g · Noncash contributions included above

    $1,146,558

  • 2a · Program service revenue: CONFERENCE/FORUM

    total $391,458 · related or exempt $391,458

  • 3 · Investment income

    total $320,117 · excluded $320,117

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7a · Gross sales of assets other than inventory

    securities $1,170,327

  • 7b · Less cost or other basis and sales expenses

    securities $1,146,558

  • 7c · Gain or loss

    securities $23,769

  • 7d · Net gain or loss

    total $23,769 · excluded $23,769

  • 8a · Fundraising events: gross income

    $381,021

  • 8b · Fundraising events: direct expenses

    $267,348

  • 8c · Net income from fundraising events

    total $113,673 · excluded $113,673

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: MISCELLANEOUS

    total $87,997 · related or exempt $87,997

  • 11e · Other revenue, total

    $87,997

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,109,800 · program services $3,109,800

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $57,540 · program services $57,540

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $948,045 · program services $806,674 · management and general $45,953 · fundraising $95,418

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $1,314,654 · program services $996,410 · management and general $119,531 · fundraising $198,713

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $0

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $0

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $158,306 · program services $125,245 · management and general $11,974 · fundraising $21,087

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $0

  • 23 · Insurance

    total $0

  • 24a · Other expenses: Events and Meeting expenses

    total $1,950,532 · program services $1,756,980 · management and general $183,749 · fundraising $9,803

  • 24b · Other expenses: CONSULTING EXPENSES

    total $849,391 · program services $317,709 · management and general $126,361 · fundraising $405,321

  • 24c · Other expenses: OPERATING EXPENSES

    total $663,703 · program services $439,904 · management and general $35,528 · fundraising $188,271

  • 24d · Other expenses: BOOKLET PUBLICATION COSTS

    total $46,598 · program services $46,598

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $482,036 · end of year $78,092

  • 2 · Savings and temporary cash investments

    beginning of year $3,161,417 · end of year $3,419,830

  • 3 · Pledges and grants receivable

    beginning of year $3,640,865 · end of year $6,210,928

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    beginning of year $31,480 · end of year $31,876

  • 9 · Prepaid expenses and deferred charges

    beginning of year $167,026 · end of year $162,566

  • 10a · Land, buildings and equipment: cost or other basis

    $136,777

  • 10b · Land, buildings and equipment: accumulated depreciation

    $134,443

  • 10c · Land, buildings and equipment, net

    beginning of year $243,825 · end of year $2,334

  • 11 · Investments: publicly traded securities

    beginning of year $3,343,804 · end of year $2,635,867

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $214,386

  • 15 · Other assets

    beginning of year $3,568,124 · end of year $3,789,870

  • 17 · Accounts payable and accrued expenses

    beginning of year $164,869 · end of year $327,178

  • 18 · Grants payable

    beginning of year $775,000 · end of year $747,500

  • 25 · Other liabilities

    beginning of year $164,786 · end of year $384,776

  • 27 · Net assets without donor restrictions

    beginning of year $5,993,401 · end of year $5,120,121

  • 28 · Net assets with donor restrictions

    beginning of year $7,540,521 · end of year $9,966,174

Mission and programs · 2024

Mission

Cure Glaucoma and restore vision through innovative research.

  • Glaucoma Research Foundations mission is to cure glaucoma and restore vision through innovative research and to provide patient education and awareness about glaucoma. Our multiyear Catalyst for a Cure (CFC) collaborative research teams have helped to redefine glaucoma as a neurodegenerative disease, identified novel biomarkers for earlier diagnosis and treatment of glaucoma, and discovered new therapies that are in early clinical trials and could be available for patients in the next few years. Our most recent CFC teams are working to cure glaucoma and restore lost vision through stem cells and the latest biomedical research discoveries. Our one-year Shaffer Grants for Innovative Glaucoma Research bring new ideas and investigators to glaucoma research. Scientists who received these grants in the past have become department chairs and leading glaucoma researchers helping to bring new diagnostics and treatments to glaucoma patients. Glaucoma Research Foundation also provides hope for glaucoma patients, families, and caregivers through our authoritative free booklet, Understanding and Living with Glaucoma, our newsletter Gleams with the latest information on new treatments and research, and our annual Glaucoma Patient Summit where patients, caregivers, doctors and scientists meet in person to learn the latest developments and share information about living with glaucoma. Learn more at: www.glaucoma.org

    Expenses $7,656,860 · Grants $3,167,340 · Revenue $479,455

As filed on the 2024 return.

Listed in Part VII

  • Thomas M Brunner

    President & CEO

    Total calculated
    $305,702
    From this org
    $292,670
    From related orgs
    $0
    Other
    $13,032
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $298,007
    Bonus
    not reported
    Other
    not reported
    Deferred
    $13,032
    Nontaxable benefits
    not reported
    Filer's total
    $311,039
  • Nancy Graydon

    E.D. DEVEL. & COO

    Total calculated
    $294,466
    From this org
    $281,350
    From related orgs
    $0
    Other
    $13,116
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $281,350
    Bonus
    not reported
    Other
    not reported
    Deferred
    $13,116
    Nontaxable benefits
    not reported
    Filer's total
    $294,466
  • Andrew Jackson

    DIR. COMMUNICATION

    Total calculated
    $172,699
    From this org
    $163,817
    From related orgs
    $0
    Other
    $8,882
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $163,817
    Bonus
    not reported
    Other
    not reported
    Deferred
    $8,882
    Nontaxable benefits
    not reported
    Filer's total
    $172,699
  • Catalina San Agustin

    DIRECTOR OPERATION

    Total calculated
    $169,841
    From this org
    $160,860
    From related orgs
    $0
    Other
    $8,981
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $160,860
    Bonus
    not reported
    Other
    not reported
    Deferred
    $8,981
    Nontaxable benefits
    not reported
    Filer's total
    $169,841
  • Morgan Velarde

    Dir. Philanthropic

    Total calculated
    $133,808
    From this org
    $126,684
    From related orgs
    $0
    Other
    $7,124
    Hours/week
    40
  • Thomas Maxson

    IND & CORP GIV OFF

    Total calculated
    $127,589
    From this org
    $121,275
    From related orgs
    $0
    Other
    $6,314
    Hours/week
    40
  • Andrew G Iwach MD

    CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Ruth D Williams MD

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    5
  • Charles R Wilmoth

    Treasurer

    Total calculated
    $0
    Hours/week
    5
  • Richard HALPRIN CPA

    Secretary

    Total calculated
    $0
    Hours/week
    5
  • Frederick H Brinkmann

    Director

    Total calculated
    $0
    Hours/week
    5
  • Nancy S Forster

    Director

    Total calculated
    $0
    Hours/week
    5
  • Oluwatosin Smith

    Director

    Total calculated
    $0
    Hours/week
    5
  • Robert L Stamper MD

    Director

    Total calculated
    $0
    Hours/week
    5
  • Dennis E Singleton

    Director

    Total calculated
    $0
    Hours/week
    5
  • Linda C Linck

    Director

    Total calculated
    $0
    Hours/week
    5
  • Adrienne L Graves PhD

    Director

    Total calculated
    $0
    Hours/week
    5
  • John G Flanagan PHD

    Director

    Total calculated
    $0
    Hours/week
    5
  • Terri-Diann Pickering MD

    Director

    Total calculated
    $0
    Hours/week
    5
  • David S Friedman

    Director

    Total calculated
    $0
    Hours/week
    5
  • Tracy Valorie

    Director

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202513159349304171

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