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Nonprofit · EIN 81-5141432

FOUNDATION FOR VISION RESEARCH

Tax-exempt · GRAND RAPIDS, MI 49546

Financials

$652K$539K2022$691K$609K2023$931K$743K2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR VISION RESEARCH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2025990$931,107$743,053$188,054$1,413,174$1,233$1,411,941
October 31, 2024990$690,635$608,858$81,777$1,212,506$1,122$1,211,384
October 31, 2023990$652,332$539,297$113,035$1,131,411$1,804$1,129,607
Financial details: 990 for the year ended October 31, 2025

Revenue

Contributions, gifts and grants
$45,778
Program service revenue
$863,179
Investment income
$22,150
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$170,117
Other salaries and wages
$347,753
Salaries, compensation and benefits (total)
$634,435
Professional fundraising fees
$0
Legal fees
$546
Accounting fees
$12,662
Occupancy
$58,558
Depreciation
$8,268
Program services (functional)
$728,345
Management and general (functional)
$14,708

Balance sheet and other

Total assets, start of year
$1,212,506
Total assets, end of year
$1,413,174
Total liabilities, end of year
$1,233
Net assets, end of year
$1,411,941
Land, buildings and equipment
$34,020
Net assets without donor restrictions
$1,411,941
Gross receipts
$931,107
Employees
10
Year formed
2016
State of legal domicile
MI

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended October 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR SCOTT J WESTHOUSEBOARD MEMBER
Officer
1$0$916,401$61,326
DR NATHAN F PEZDATREASURER
Officer
1$0$898,634$62,357
DR LILIYA S SUTHERLANDSECRETARY
Officer
1$0$874,924$60,927
DR THOMAS M AABERG JRPRESIDENT
Officer
10$89,763$232,797$67,159
KATHRYN E AABERGEXECUTIVE DI
Trustee or director
40$80,354$0$0
TIMOTHY R ALLESBOARD MEMBER
Trustee or director
0.25$0$0$0
ALITA HASSANBOARD MEMBER
Trustee or director
0.25$0$0$0
990 for the year ended October 31, 2024: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR LILIYA S SUTHERLANDSECRETARY
Officer
1$0$1,346,779$56,842
DR SCOTT J WESTHOUSEBOARD MEMBER
Trustee or director
1$0$1,283,485$59,102
DR NATHAN F PEZDATREASURER
Officer
1$0$1,243,578$59,896
DR THOMAS M AABERG JRPRESIDENT
Officer
10$77,448$353,780$44,355
KATHRYN E AABERGEXECUTIVE DI
Trustee or director
40$70,225$0$0
TIMOTHY R ALLESBOARD MEMBER
Trustee or director
0.25$0$0$0
ALITA HASSANBOARD MEMBER
Trustee or director
0.25$0$0$0
990 for the year ended October 31, 2023: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DR SCOTT J WESTHOUSEBOARD MEMBER
Trustee or director
3$0$912,181$64,396
DR NATHAN F PEZDATREASURER
Officer
3$0$895,646$59,744
DR LILIYA S SUTHERLANDSECRETARY
Officer
2$0$874,424$62,596
DR THOMAS M AABERG JRPRESIDENT
Officer
20$39,423$515,273$71,212
KATHRYN E AABERGEXECUTIVE DI
Trustee or director
40$60,094$0$0
TIMOTHY R ALLESBOARD MEMBER
Trustee or director
0.25$0$0$0
ALITA HASSANBOARD MEMBER
Trustee or director
0.25$0$0$0

Address and contacts

Address (IRS master file)
5030 CASCADE RD SE, GRAND RAPIDS, MI 49546-3725
In care of
% THOMAS AABERG JR MD
Mailing address (990-N for 2016)
5030 Cascade Road SE, Grand Rapids MI 49546
Principal officer (990 for 2024)
DR THOMAS M AABERG JR, 5030 CASCADE ROAD SE, GRAND RAPIDS, MI 49546
Principal officer (990-N for 2016)
Thomas Aaberg Jr MD, 5030 Cascade Road SE, Grand Rapids MI 49546
Signed the 990
DR THOMAS M AABERG JR, PRESIDENT
Phone
(616) 954-2020
Return prepared by
PINNACLE CPA & ADVISORS PLC

Mission

TO FUND RESEARCH DEVOTED TO THE VISION SCIENCES INCLUDING INVESTIGATION FOR BETTER UNDERSTANDING OF THE CAUSES OF VISION LOSS. TO CONDUCT RESEARCH TO FURTHER UNDERSTAND VISION LOSS AND DEVELOP TREATMENTS TO ADDRESS THOSE CONDITIONS. TO RECEIVE AND ADMINISTER FUNDS AND ASSETS FOR CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES AS SET FORTH IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), OR ANY CORRESPONDING PROVISION OF ANY SUBSEQUENT FEDERAL TAX LAWS, INCLUDING THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER CODE SECTION 501(C)(3). TO CONDUCT EDUCATIONAL EVENTS DIRECTED TO HEALTH CARE PROFESSIONALS AND THE PUBLIC TO BRING ATTENTION TO VISION THREATENING EYE DISEASES AND PROVIDE INFORMATION AS TO POTENTIAL PREVENTATIVE MEASURES.

990 for the year ended October 31, 2025

Program accomplishments

  • IN FURTHERENCE OF ITS EXEMPT PURPOSE THE FOUNDATION CONTINUES VISION RESEARCH TO BETTER UNDERSTAND THE CAUSES OF VISION LOSS AND TO DEVELOP TREATMENTS TO ADDRESS THOSE CONDITIONS.
    Expenses $728,345 · revenue $863,179

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in October, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024October 31, 2025March 16, 2026990 on file
2023October 31, 2024March 17, 2025990 on file
2022October 31, 2023March 15, 2024990 on file

IRS record

EIN
81-5141432
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
October
Files
Form 990 or 990-EZ
Category (NTEE)
Medical research (H41)
Assets (IRS master file)
$1,413,174
Income (IRS master file)
$931,107

Filing history

FormYear endedRevenueExpensesAssetsReturn
990October 2025$931,107$743,053$1,413,174IRS
990October 2024$690,635$608,858$1,212,506XML
990October 2023$652,332$539,297$1,131,411XML
990October 2022$734,403$422,864$1,019,038IRS
990October 2021–––IRS
990October 2020–––IRS
990October 2019–––IRS
990October 2018–––IRS
990-N for 2016
Officer: Thomas Aaberg Jr MD
October 31, 2017≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 81-5141432).

Questions about FOUNDATION FOR VISION RESEARCH

What is the EIN of FOUNDATION FOR VISION RESEARCH?
The employer identification number (EIN) of FOUNDATION FOR VISION RESEARCH is 81-5141432.
Is FOUNDATION FOR VISION RESEARCH tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to FOUNDATION FOR VISION RESEARCH tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION FOR VISION RESEARCH file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FOUNDATION FOR VISION RESEARCH due?
The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION FOR VISION RESEARCH last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended October 2025.
Who is the principal officer of FOUNDATION FOR VISION RESEARCH?
The 990 for the year ended October 31, 2025 names DR THOMAS M AABERG JR.
Who are the officers and directors of FOUNDATION FOR VISION RESEARCH?
The 990 for the year ended October 31, 2025 lists 7 people; 2 received compensation from the organization.
How much revenue does FOUNDATION FOR VISION RESEARCH have?
On its 990 for the year ended October 31, 2025 it reported revenue of $931,107, expenses of $743,053 and total assets of $1,413,174 at year end.

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