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← VISION FOR TOMORROW FOUNDATION

Form 990 for tax year 2022

Filed by VISION FOR TOMORROW FOUNDATION.

Totals

Total revenue
$77,628
Total expenses
$157,437
Contributions and grants received
$77,544
Grants paid
$150,000
Program service revenue
$0
Investment income
$84
Other revenue
$0
Total assets, end of year
$500,858
Total liabilities, end of year
$195,170
Net assets or fund balances, end of year
$305,688
Program services expenses (Part IX)
$150,000
Management and general expenses
$7,437
Fundraising expenses
$0
Program service expenses (Part III)
$150,000

Program services were 95.3% 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

    $77,544

  • 3 · Investment income

    total $84 · excluded $84

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $150,000 · program services $150,000

  • 11c · Fees: accounting

    total $2,040 · management and general $2,040

  • 12 · Advertising and promotion

    total $410 · management and general $410

  • 13 · Office expenses

    total $2,277 · management and general $2,277

  • 14 · Information technology

    total $1,200 · management and general $1,200

  • 23 · Insurance

    total $1,510 · management and general $1,510

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $78,531 · end of year $103,518

  • 2 · Savings and temporary cash investments

    beginning of year $447,256 · end of year $397,340

  • 17 · Accounts payable and accrued expenses

    beginning of year $290 · end of year $170

  • 18 · Grants payable

    beginning of year $140,000 · end of year $195,000

  • 27 · Net assets without donor restrictions

    beginning of year $385,497 · end of year $305,688

Mission and programs · 2022

Mission

THE VISION FOR TOMORROW FOUNDATION SEEKS TO EMPOWER PEOPLE WITH LOW VISION TO HAVE THE CONFIDENCE AND ABILITY TO ACHIEVE THEIR DREAMS. OUR GOAL IS TO PROVIDE FUNDING FOR RESEARCH INITIATIVES, SUPPORT AND CREATE EDUCATIONAL RESOURCES AND PUBLIC AWARENESS PROJECTS - AND TO BE RECOGNIZED AS THE "GO TO" SOURCE OF INFORMATION FOR THOSE SEEKING TO LEARN MORE ABOUT NON-DEGENERATIVE RETINAL DISORDERS CAUSING LOW VISION AT BIRTH.

Activities or mission (Part I)

TO PROVIDE FUNDING FOR RESEARCH, SUPPORT AND PUBLIC AWARENESS TO HELP PEOPLE WITH LOW VISION.

  • TO PROVIDE FUNDING FOR RESEARCH INITIATIVES.

    Expenses $150,000 · Grants $150,000

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Susan Wolfe

    PRESIDENT

    Total calculated
    $0
    Hours/week
    6

  • Grayson Chinn

    VP/SECRETARY

    Total calculated
    $0
    Hours/week
    4

  • Matt Wolfe

    TREASURER

    Total calculated
    $0
    Hours/week
    4

  • Susan Ballis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Wendy Baum

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0

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.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
19 June 2023
IRS schema version
2022v5.0
Source object
202341789349300919

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