Totals
- Total revenue
- $1,909,876
- Total expenses
- $1,895,345
- Contributions and grants received
- $33,067
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $827,383
- Other revenue
- $1,049,426
- Total assets, end of year
- $30,605,731
- Total liabilities, end of year
- $3,857,200
- Net assets or fund balances, end of year
- $26,748,531
- Program services expenses (Part IX)
- $22,438
- Management and general expenses
- $1,872,907
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $22,438
Program services were 1.2% 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
$33,067
-
3 · Investment income
total $691,153 · excluded $691,153
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $962,145
-
6c · Rental income or loss
real property $962,145 · personal property $0
-
6d · Net rental income or loss
total $962,145 · excluded $962,145
-
7a · Gross sales of assets other than inventory
securities $3,726,647
-
7b · Less cost or other basis and sales expenses
securities $3,590,417
-
7c · Gain or loss
securities $136,230
-
7d · Net gain or loss
total $136,230 · excluded $136,230
-
8a · Fundraising events: gross income
$0
-
8b · Fundraising events: direct expenses
$0
-
8c · Net income from fundraising events
total $0
-
9a · Gaming: gross income
$0
-
9b · Gaming: direct expenses
$0
-
9c · Net income from gaming
total $0
-
10a · Gross sales of inventory
$0
-
10b · Cost of goods sold
$0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: Miscellaneous Revenue
total $46,038 · excluded $46,038
-
11b · Other revenue: RENTAL REIMBURSEMENT
total $41,243 · excluded $41,243
-
11e · Other revenue, total
$87,281
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $0
-
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 $14,588 · management and general $14,588
-
11c · Fees: accounting
total $79,323 · management and general $79,323
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $114,795 · management and general $114,795
-
11g · Fees: other
total $53,520 · management and general $53,520
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $200 · management and general $200
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $1,538,828 · management and general $1,538,828
-
17 · Travel
total $18 · management and general $18
-
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 $16,639 · management and general $16,639
-
23 · Insurance
total $10,545 · management and general $10,545
-
24a · Other expenses: Miscellaneous Expenses
total $44,451 · management and general $44,451
-
24b · Other expenses: Indigent Care
total $22,438 · program services $22,438
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year -$50,316 · end of year $217,375
-
2 · Savings and temporary cash investments
beginning of year $1,253,850 · end of year $282,311
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $500,000 · end of year $500,000
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$2,934,953
-
10b · Land, buildings and equipment: accumulated depreciation
$2,933,403
-
10c · Land, buildings and equipment, net
beginning of year $18,189 · end of year $1,550
-
11 · Investments: publicly traded securities
beginning of year $27,495,196 · end of year $28,229,974
-
12 · Investments: other securities
beginning of year $1,935,771 · end of year $1,374,521
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $0
-
18 · Grants payable
beginning of year $0 · end of year $3,857,200
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $30,080,520 · end of year $26,748,531
-
28 · Net assets with donor restrictions
beginning of year $1,072,170 · end of year $0
Mission and programs · 2022
Mission
HERMANN EYE FUND PROVIDES FUNDING FOR: PATIENT SERVICES; INDIGENT CARE; TEACHING AND TRAINING RESIDENTS, FELLOWS, INTERNS, MEDICAL STUDENTS, NURSES, OPHTHALMIC ASSISTANTS, ALLIED HEALTH PERSONNEL, PRACTICING PHYSICIANS AND OPTOMETRISTS; AND SCIENTIFIC RESEARCH.
Activities or mission (Part I)
PROMOTE EYE CARE FOR THE INDIGENT AND TRAINING AND RESEARCH TO FURTHER THE FIGHT AGAINST EYE DISEASE.
-
HERMANN EYE FUND PROVIDES FUNDING FOR INDIGENT PATIENT CARE TO PATIENTS WITH EYE PROBLEMS.
Expenses $22,438
-
HERMANN EYE FUND PROVIDES FUNDS TO THE UNIVERSITY OF TEXAS DEPARTMENT OF OPHTHALMOLOGY TO AID IN RESEARCH, EDUCATION OF STUDENTS AND FACULTY, COMMUNITY SERVICE, AND PATIENT EDUCATION AND CARE.
-
FUNDING FOR RESEARCH OF EYE-RELATED SUBJECTS. THE RESEARCH IS DONE CONTINUALLY WITH ASSISTANCE FROM THE DEPARTMENT OF OPHTHALMOLOGY A THE UNIVERSITY OF TEXAS MEDICAL CENTER AT HOUSTON.
As filed on the 2022 return.
Listed in Part VII
-
Richard Andrassy MDRICHARD ANDRASSY MD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Kevin DillonKEVIN DILLON
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Diana HawkinsDIANA HAWKINS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
James McCarthy MDJAMES MCCARTHY MD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Deborah GordonDEBORAH GORDON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Kevin Giglio MDKEVIN GIGLIO MD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Paula CizikPAULA CIZIK
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Ana TouchstoneANA TOUCHSTONE
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
MEMORIAL HERMANN HEALTH SYSTEM
501(C)(3) · HEALTHCARE · TX
Directly controlled by NA
-
DEPT OF OPHTH - UTMB HOUSTON
170(C)(1) · PATIENT CARE · TX
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 3 February 2025
- IRS schema version
- 2022v5.0
- Source object
- 202510279349301396
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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