NonprofitsVitreoretinal Surgery Foundation

Education

Vitreoretinal Surgery Foundation

EDINA, MN

Total revenue

$269K

Total expenses

$177K

Net assets

$1.0M

Grants received

$466K

9 grants

EIN

412122813

Tax year

2024

Mission

Furthering education relating to retinal macular diseases and advancing clinical research.

Programs

1 program

Since the founding of the vitreoretinal surgery foundation (vrsf) 2005, we have maintained a robust research program. The goal of the research program has been to support young investigators and encourage them to pursue a career focusing on diseases of the retina. Our research program is open to medical students, residents and fellows at ophthalmology training programs, and fulltime research trainees at academic centers. We are currently working with 36 practice based and university affiliated programs across the country.we offer two types of research grants. Our research award is designed for ophthalmology residents and fellows who want to pursue a research project during their clinical training. The award consists of a research stipend of $2000 together with an additional $1000 for research related expenses and $1000 for travel expenses to present research results at a national symposium. Our research fellowship is designed for someone involved in fulltime research at an academic institution pursuing an advanced degree, such as a phd or md/phd. The fellowship has a stipend of $10,000 and an additional $1000 for travel expenses to present research results at a national symposium.each year beginning in july we solicit applications from our 35 affiliated training programs. Applications are reviewed by our board of directors consisting of members of our professional practice, retina consultants of minnesota pllc, as well as representatives from the university of minnesota and the mayo clinic. The application process is competitive, with approximately half of the applications selected for an award or fellowship. In 2024, there were 73 applications, with 33 research awards given, and 3 fellowships awarded.the success of our research program can be measured by the number of presentations of research results at national meetings and publication of research manuscripts by peer reviewed journals. Research results are frequently cited in academic and professional publications. Results of presentations are sometimes picked up by local or national media. Published manuscripts are available to the academic and research community through the pubmed search engine, and most journal articles are available to members of the ophthalmology profession through open source journal access. Over the last 5 years there has been 134 presentations and 81 publications.

Expenses: $119KGrants: $119K

Financials

FY 2024

Revenue

Contributions & grants$197K
Program service revenue$47K
Investment income$25K
Other revenue
Total revenue$269K

Expenses

Grants paid$119K
Salaries & benefits
Fundraising
Other expenses$58K
Total expenses$177K
Total assets$1.1M
Net assets$1.0M

People

9 listed

NameRoleCompensation

HERBERT CANTRILL MD

PRESIDENT

Board

3 hrs/wk

PETER TANG MD PHD

DIRECTOR

Board

1 hrs/wk

JOHN DAVIES MD

DIRECTOR

Board

1 hrs/wk

MATTHEW STARR MD

DIRECTOR

Board

1 hrs/wk

CHRISTOPHER HWANG MN PHD

DIRECTOR

Board

1 hrs/wk

BRIAN PALMER

DIRECTOR

Board

1 hrs/wk

KAREN ARMBRUST MD PHD

DIRECTOR

Board

1 hrs/wk

PETER BELIN MD

SECRETARY/TREASURER

Board

1 hrs/wk

GEOFFREY EMERSON MD PHD

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$20K
UNRESTRICTED GENERAL SUPPORT
2024
$10K
UNRESTRICTED GENERAL SUPPORT
2023
$100K
RESEARCH AND SUPPORT
2022
$10K
UNRESTRICTED GENERAL SUPPORT
2022
$150K
RESEARCH AND SUPPORT
2021
$150K
RESEARCH AND SUPPORT
2020
$10K
UNRESTRICTED GENERAL SUPPORT
2020
$6K
For grant recipient's exempt purposes
2020
$10K
UNRESTRICTED GENERAL SUPPORT
2019

Funded by

$466K from 3 funders · 9 grants · 2019–2024

The Helen Lindsay Family Foundation

$400K · 3 grants · 2020–2022

Morgan Stanley Global Impact Funding Trust Inc

$60K · 5 grants · 2019–2024

Details

EIN412122813
NTEE codeB60
Subsection03
Ruling date2005-04
Formed2003
Employees0
Volunteers9
VITREORETINAL SURGERY FOUNDATION — Mission, Financials & Grants Received | Grantivo