Skip to content
Nonprofiteer
← DEAN MCGEE EYE INSTITUTE FOUNDATION

Form 990 for tax year 2022

Filed by DEAN MCGEE EYE INSTITUTE FOUNDATION.

Totals

Total revenue
$3,325,397
Total expenses
$5,875,299
Contributions and grants received
$2,241,857
Grants paid
$5,248,698
Program service revenue
$0
Investment income
$1,061,012
Other revenue
$22,528
Total assets, end of year
$48,803,265
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$48,803,265
Program services expenses (Part IX)
$5,248,698
Management and general expenses
$72,781
Fundraising expenses
$553,820
Program service expenses (Part III)
$5,248,698

Program services were 89.3% 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

    $2,241,857

  • 3 · Investment income

    total $1,144,298 · excluded $1,144,298

  • 7a · Gross sales of assets other than inventory

    securities $5,700,000

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

    securities $5,783,286

  • 7c · Gain or loss

    securities -$83,286

  • 7d · Net gain or loss

    total -$83,286 · excluded -$83,286

  • 8a · Fundraising events: gross income

    $48,095

  • 8b · Fundraising events: direct expenses

    $25,567

  • 8c · Net income from fundraising events

    total $22,528 · excluded $22,528

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,248,698 · program services $5,248,698

  • 7 · Other salaries and wages

    total $188,905 · fundraising $188,905

  • 9 · Other employee benefits

    total $24,725 · fundraising $24,725

  • 10 · Payroll taxes

    total $13,901 · fundraising $13,901

  • 11f · Fees: investment management

    total $71,647 · management and general $71,647

  • 11g · Fees: other

    total $76,672 · management and general $1,134 · fundraising $75,538

  • 12 · Advertising and promotion

    total $182,494 · fundraising $182,494

  • 16 · Occupancy

    total $55,066 · fundraising $55,066

  • 17 · Travel

    total $4,349 · fundraising $4,349

  • 23 · Insurance

    total $7,849 · fundraising $7,849

  • 24a · Other expenses: OTHER

    total $993 · fundraising $993

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,639,748 · end of year $1,290,831

  • 3 · Pledges and grants receivable

    beginning of year $1,935,816 · end of year $1,297,714

  • 4 · Accounts receivable

    end of year $75

  • 11 · Investments: publicly traded securities

    beginning of year $43,046,796 · end of year $45,224,326

  • 15 · Other assets

    beginning of year $994,724 · end of year $990,319

  • 27 · Net assets without donor restrictions

    beginning of year $28,375,553 · end of year $26,312,070

  • 28 · Net assets with donor restrictions

    beginning of year $20,241,531 · end of year $22,491,195

Mission and programs · 2022

Mission

CREATED AND OPERATED TO SUPPORT DEAN MCGEE EYE INSTITUTE IN THE FURTHERANCE OF ITS MISSION.

Activities or mission (Part I)

TO SUPPORT/BENEFIT THE DEAN MCGEE EYE INSTITUTE

  • THE DEAN MCGEE EYE INSTITUTE FOUNDATION'S PURPOSE IS TO SUPPORT THE DEAN MCGEE EYE INSTITUTE BY ENABLING IT TO BE ON THE CUTTING-EDGE OF RESEARCH, PROVIDE WORLD-CLASS PATIENT CARE AND EDUCATE THE NEXT GENERATION OF OPHTHALMOLOGISTS.

    Expenses $5,248,698 · Grants $5,248,698

As filed on the 2022 return.

Listed in Part VII

  • Garyl G Geist

    SECRETARY/TREASURER

    Total calculated
    $305,693
    From this org
    $0
    From related orgs
    $271,981
    Other
    $33,712
    Hours/week
    0.5 + 60 related

    Schedule J breakdown matched by us

    Base
    $0 + $260,791 related
    Bonus
    $0 + $10,500 related
    Other
    $0 + $690 related
    Deferred
    $0 + $8,433 related
    Nontaxable benefits
    $0 + $25,279 related
    Filer's total
    $0 + $305,693 related

  • Chris Fleming

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.5 + 0.05 related

  • George Rainey Williams Jr

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.05 + 0.5 related

  • Jari Askins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.05

  • Michael A Cawley

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.05 + 0.05 related

  • Trent Hardman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.05

  • Teresa Jackson

    DIRECTOR (THRU 12/2022)

    Total calculated
    $0
    Hours/week
    0.05

  • Kevin Moore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.05

  • Max Myers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.05

  • David E Rainbolt

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.05 + 0.5 related

  • Kim Howard

    VP FINANCE, CFO

    Total calculated
    $195,154
    From this org
    $0
    From related orgs
    $176,634
    Other
    $18,520
    Hours/week
    10 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $167,073 related
    Bonus
    $0 + $8,500 related
    Other
    $0 + $1,061 related
    Deferred
    $0 + $5,424 related
    Nontaxable benefits
    $0 + $13,096 related
    Filer's total
    $0 + $195,154 related

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

None.

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

The filer's explanations (Part III)

PART I, LINE 3
COMPENSATION IS DETERMINED BY A RELATED ORGANIZATION, DEAN MCGEE EYE INSTITUTE, USING THE FOLLOWING METHODS: - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE

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

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.

Provenance

Return type
form_990
Tax year
2022
Filed
10 May 2024
IRS schema version
2022v5.0
Source object
202431349349303263

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.