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Total revenue for the fiscal year ended June 30, 2016 was $3.8 million.
Through generous support from our donors, $3.5 million was committed to essential glaucoma research and education programs. Glaucoma Research Foundation continues to have a strong balance sheet, finishing the year with total assets of $9.7 million.
Independent nonprofit evaluators Charity Navigator and GuideStar give us high ratings for transparency and accountability. Our audited financial reports are available on our website and we meet all 20 of the Better Business Bureau’s Standards for Charity Accountability. Careful stewardship ensures that 86 cents of every dollar donated goes directly to research and education programs.
This year we have committed one million dollars to the collaborative Catalyst for a Cure Biomarker Initiative. This type of major commitment requires steadfast support. We need your help to close a funding gap and meet our ambitious goals in the coming fiscal year.
Thank you for your personally significant contributions and your ongoing advocacy to help speed the cure.