BBB Wise Giving Report for
OneSight

BBB Wise Giving Report issued April 2011
BBB Wise Giving Report expires April 2013


Does not meet one or more standards
This charity does not meet one or more of the 20 standards for Charity Accountability. Find out more...


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Charity Contact Information

Name: OneSight
Address: 4000 Luxottica Place
  Mason, OH 45040
Phone: 513-765-6000
Web Address: www.onesight.org
Also known as:LensCrafters Foundation
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BBB Wise Giving Alliance Comments

Formerly known as:Give the Gift of Sight Foundation

Year, State Incorporated: 1993, Ohio
Affiliates: Luxottica
Stated Purpose: "to improve vision through outreach, research and education."

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Evaluation Conclusions

               

OneSight (OS) does not meet the following Standard for Charity Accountability.

Standard 16: Annual Report - Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fund raising and administrative categories as in the financial statements, and (iii) ending net assets.

OneSight does not meet this Standard because:

  • Although requested by the Alliance, the charity's most recent annual report was not provided.
OneSight (OS) meets the remaining 19 Standards for Charity Accountability.
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Programs

               

OS provides basic vision care to those in need through its global and regional clinics. During these clinics, optically trained volunteers and optometrists provide vision screenings and eye exams. Glasses are provided free of charge to patients who require them.

For the year ended December 31, 2009, OS's program expenses were:

  
Global clinics 5,375,487
Regional clinics 1,471,987
Vision van operations 597,834
In-store programs 565,006
Recycling center operations 222,959
Special events 136,490
Catalog items 10,793
Total Program Expenses: $8,380,556
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Governance

               

Chief Executive : Gregory Hare, Executive Director
Compensation*:
 $223,903

Chair of the Board: Elizabeth Wood
Chair's Profession / Business Affiliation: Assistant General Counsel, Luxottica

Board Size: 10

Paid Staff Size: 21

*2009 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances. OS reports that Mr. Hare's compensation is provided by Luxottica.
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Fund Raising

               

Method(s) Used:

Direct mail, special events, grant proposals, and Internet appeals.
Fund raising costs were 2% of related contributions. (Related contributions, which totaled $10,329,873, are donations received as a result of fund raising activities.)
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Tax Status

               

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.
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Financial

               

The following information is based on OS's audited financial statements for the year ended December 31, 2009.

Source of Funds  
In-kind contributions 6,127,179
Individual, corporate and employee support 2,120,069
In-store donation programs 1,168,981
Special events 619,139
Grants 116,500
Committed contributions 97,665
Merchandise sales 80,340
Other 16,174
Total Income $10,346,047


chart



Uses of Funds as a % of Total Expenses

Programs: 90%  Fund Raising: 2%  Administrative: 8% 

Total income   $10,346,047
  Program expenses $8,380,556
  Fund raising expenses 231,243
  Administrative expenses 781,964
 
Total expenses   $9,393,763
Income in Excess of Expenses   952,284
Beginning net assets   10,327,250
Ending net assets   11,279,534
Total liabilities   85,698
Total assets   $11,365,232

Note: According to OneSight's 2009 audited financial statements, the organization received in-kind contributions in the amount of $6,127,180 consisting of inventory ($3,574,539), services ($2,076,989), and products/equipment ($475,652).

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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