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Tax Status Governance Fund Raising Financial

Name:	International Eye Foundation
Address:	10801 Connecticut Avenue
	Kensington, MD 20895
Phone:	240-290-0263
Web Address:	www.iefusa.org

International Eye Foundation (IEF) meets the 20 Standards for Charity Accountability.

IEF works with ministries of health, NGOs and individual eye care institutions in Africa, Asia, Latin America, the Middle East and Eastern Europe. Public health initiatives target childhood blindness worldwide and river blindness (Onchocerciasis) in Africa. IEF's SightReach® Management program focuses on raising the standard of ophthalmic and optometric care within partner eye care institutions targeting cataract and refractive error, and building organizational and financial sustainability. IEF works with a network of 24 institutions in 15 countries. SightReach Surgical® (SRS), IEF’s social enterprise program, offers ophthalmic medical and surgical products at below market prices to lower the cost of providing eye care in developing countries. SRS provides procurement consulting and advisory services to NGO partners and eye care providers in over 180 countries.

For the fiscal year ended June 30, 2010, IEF's program expenses were:

Donated medical supplies	3,516,297
Operational programs	1,418,148
Total Program Expenses:	$4,934,445

Chief Executive : Victoria M. Sheffield, President and CEO

Compensation*:

$81,443

Chair of the Board: Frank S. Ashburn, Jr., MD
Chair's Profession / Business Affiliation: Ophthalmologist

Board Size: 22

Paid Staff Size: 11

*July 1, 2009 - June 30, 2010 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:

Direct mail, special events, grant proposals, and Internet appeals.

Fund raising costs were 7% of related contributions. (Related contributions, which totaled $4,568,885, are donations received as a result of fund raising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on IEF's audited financial statements for the fiscal year ended June 30, 2010.

Source of Funds
Donated medical supplies	3,513,339
Program service fees and equipment sales	1,168,691
Contributions (direct and indirect)	832,968
Investment income	174,383
Grants (nongovernmental)	166,365
Miscellaneous programs	33,321
Special events, net	22,892
Total Income	$5,911,959

Uses of Funds as a % of Total Expenses

Programs: 84%  Fund Raising: 6%  Administrative: 10%

Total income				$5,911,959
	Program expenses			$4,934,445
	Fund raising expenses			328,776
	Administrative expenses			574,488
Total expenses				$5,837,709
Income in Excess of Expenses				74,250
Beginning net assets				1,830,171
Ending net assets				1,904,421
Total liabilities				935,256
Total assets				$2,839,677

Note: According to IEF's audited financial statements for the year ended June 30, 2010, the organization received in-kind contributions in the amount of $3,543,339 including pharmaceuticals ($3,513,339) and legal services ($30,000).