Unaudited, Modified Accrual Basis
Statement of Activities
REVENUE AND SUPPORT
Contributions........................................................... 28,237,000*
Special events, net of direct....................................... 7,512,000
Bequests ................................................................... 3,655,000
Other revenue ...............................................................658,000
Total Revenue ............................................... $40,062,000
EXPENSES
Research .................................................................. 27,697,000*
Public health information.......................................... 1,609,000
Management............................................................. 2,842,000
Fundraising ............................................................... 7,223,000
Total Expenses .............................................. $39,371,000
Total Change in Net Assets .................................$691,000*
Statement of Financial Position
ASSETS
Cash and investments ........................................... 106,919,000
Other assets............................................................... 2,397,000*
Trusts and other funds ............................................... 7,848,000
Fixed assets, net......................................................... 1,558,000
Total Assets ................................................. $118,722,000
LIABILITIES
Accounts payable and accrued liabilities.......................806,000
Research grants payable.......................................... 58,168,000*
Deferred revenue ...................................................... 1,348,000
Liabilities under trusts and other funds .................... 1,668,000
Total Liabilities .............................................$61,990,000
NET ASSETS
Total net assets ........................................................ 56,732,000*
Total Liabilities and Net Assets ....................$118,722,000
* Does not reflect audited results in accordance with Generally Accepted
Accounting Principles. Full audited financial statements are available at
www.FightBlindness.org.
70%
17%
7%
6%
6% Administration
7% Public Health Education
17% Fundraising
70% Research Including Grants
70%
17%
7%
6%
Year Ahead—
Target Spending Allocations
FOUNDATION FIGHTING BLINDNESS, INC. AND AFFILIATES
