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The Foundation Fighting Blindness

Columbia, MD · EIN 23-7135845 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Foundation Fighting Blindness reported $36.6 million in revenue and $49.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $75.44 went to program services, $6.37 to management and general costs and $18.19 to fundraising. Its largest source of revenue was contributions and grants: 84.8% of the total. The highest compensation it reported for one person was $723,931 (CEO). 31 people received more than $100,000 in reportable compensation. Revenue rose 4% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $50M

For context, the median across 169 covered medical research charities: $87.02 programs, $12.87 management, $0.11 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $37M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 169 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
75.4%83.9%
Management & general
Part IX 25(C) ÷ 25(A)
6.4%12.4%
Fundraising
Part IX 25(D) ÷ 25(A)
18.2%0.1%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.29$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
84.8%72.7%
Government grants share of revenue
Part VIII 1e ÷ 12
0.5%0.0%
Program service revenue share
Part VIII 2g ÷ 12
5.5%5.8%
Highest reported compensation
Part VII-A, columns D–F
$723,931$628,890
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.46%1.94%
People paid over $100,000
Part VII, line 2
3118
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
20.313.3
Independent voting board members
Part VI 1a–1b
24 of 2593.8%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$32M expenses · 85.8% of program spending · grants $23M · revenue $2.0M

No description in Part III; see the filing.

$3.7M expenses · 9.9% of program spending

No description in Part III; see the filing.

$1.6M expenses · 4.4% of program spending

No description in Part III; see the filing.

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CEO
Officer, 32.00 hrs/week
$504,560$126,140$93,231$723,931
COO
Officer, 32.00 hrs/week
$364,025$91,006$85,311$540,342
MANAGING DIRECTOR, RD FUND
Key employee, 0.00 hrs/week
$0$447,300$85,994$533,294
SVP CLINICAL & OUTCOMES RESEARCH
Key employee, 40.00 hrs/week
$324,179$0$80,261$404,440
CHIEF OF STRATEGY AND INNOVATION
Key employee, 40.00 hrs/week
$344,934$0$33,516$378,450
FORMER CSO (THRU 6/24)
Former, 40.00 hrs/week
$341,844$0$31,176$373,020
CHIEF HUMAN RESOURCES OFFICER
Key employee, 40.00 hrs/week
$324,700$0$45,263$369,963
SVP/CHIEF DEVELOPMENT OFFICER
Key employee, 40.00 hrs/week
$290,836$0$74,299$365,135

31 people received more than $100,000 in reportable compensation from The Foundation Fighting Blindness (Part VII, line 2). Compensation of current officers, directors and key employees totaled $2.4M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$37M$50M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$37M$50M75.4%$84M$723,931
FY2024 ⓘ$36M$48M77.6%$93M$588,996
FY2023 ⓘ$30M$51M80.7%$100M$622,172
FY2022 ⓘ$43M$49M79.9%$121M$720,257
FY2021 ⓘ$30M$41M79.0%$135M$570,691
FY2020 ⓘ$35M$41M77.0%$146M$545,448

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b25 · 24 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 596
  • Volunteers Part I, line 62,500

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
FUSE FUNDRAISING GROUP LLC
Direct marketing consultant
$627,860
CHICAGO DOWNTOWN MARRIOTT
Venue for visions 2024
$298,482
FAIRMONT SCOTTSDALE PRINCESS
Venue for ics 2024
$287,477
HORIZON GOVERNMENT
Government relations consultant
$240,000
MOLECULAR MEDIA INC
Av equipment rental
$218,718

Individuals listed as contractors are left out. 12 contractors were paid more than $100,000 in all.

Private foundation grants it received

71 private foundations reported grants to The Foundation Fighting Blindness totaling $1.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Foundation Fighting Blindness's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Foundation Fighting Blindness, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All medical research charities · Largest charities in Maryland

Questions people ask

How much of The Foundation Fighting Blindness's spending goes to programs?

In the fiscal year ending June 30, 2025, The Foundation Fighting Blindness reported that 75.4% of its $49.5 million in expenses went to program services, 6.4% to management and general and 18.2% to fundraising (Form 990, Part IX).

How much does The Foundation Fighting Blindness pay its top executive?

The largest total compensation The Foundation Fighting Blindness reported for one person in the fiscal year ending June 30, 2025 was $723,931, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Foundation Fighting Blindness get its money?

Of $36.6 million in revenue in the fiscal year ending June 30, 2025, 84.8% came from contributions and grants (including 0.5% from government grants) and 5.5% from program service revenue (Form 990, Part VIII).

Is The Foundation Fighting Blindness a registered charity?

The IRS lists EIN 23-7135845 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202503079349303810 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202433129349301503 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202333069349302708 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202203069349300540 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202103159349308195 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202013149349301861 · read the filing

All filings for EIN 23-7135845: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.