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New York · Nonprofit

THE FRED HOLLOWS FOUNDATION

THE FRED HOLLOWS FOUNDATION (New York) receives grants from 20 organizations whose IRS filings report $5,894,819 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($3,439,200). 11 of them have funded it in more than one year, and 66% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$17M
Funders on record
20
Grants received
$5.9M
Net assets
$13M
11/20 repeat fundersgrants exceed reported revenue in one year
01What it does

What The Fred Hollows Foundation does

Mission

The Fred Hollows Foundation is an international development organization working towards ending avoidable blindness for human beings afflicted with blindness and related sight problems worldwide.

As stated on its FY2025 Form 990.

Program

  1. In furtherance of the organization's exempt purposes, the organization conducts and supports activities designed to end avoidable blindness, including but not limited to: (I) surgical and other medical procedures, treatments and related activities to treat or prevent blinding conditions, (ii) education and training for doctors, nurses and other healthcare providers relating to the diagnosis and treatment of eye disorders, (iii) research relating to, and the development of effective medical and non-medical solutions for, improving, preserving and restoring eye health, and (v) other educational activities such as conferences, workshops and other convenings, as well as outreach and awareness raising among healthcare providers and the general public, and (vi) the development of collaborations and partnerships, among other activities, all with the ultimate goal of improving the lives of people suffering sight disorders around the world.

    $3,000,515 spent
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $3,000,515.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20182018 Revenue 100 ($378k) Expenses 100 ($465k) Net assets -155 ($-87194)2019 Revenue 176 ($667k) Expenses 112 ($523k) Net assets 100 ($56k)2020 Revenue 159 ($603k) Expenses 140 ($651k) Net assets 14 ($8k)2021 Revenue 372 ($1.4M) Expenses 231 ($1.1M) Net assets 602 ($339k)2022 Revenue 572 ($2.2M) Expenses 433 ($2.0M) Net assets 860 ($485k)2023 Revenue 406 ($1.5M) Expenses 335 ($1.6M) Net assets 815 ($460k)2024 Revenue 547 ($2.1M) Expenses 378 ($1.8M) Net assets 1363 ($769k)2025 Revenue 4381 ($17M) Expenses 848 ($3.9M) Net assets 23708 ($13M)
'18'19'20'21'22'23'24'25
Revenue (4381)Expenses (848)Net assets (23708)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $840k to $13M (+1504%).

$106k
$429k
$133k
$420k
$967k
$512k
$840k
$13M
'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 10% · 2021 3%. Grants only. Government contracts and fees sit inside program revenue.

100% of THE FRED HOLLOWS FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (7% for the typical peer).

This organization
Typical peer · 4,743 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

−$87k
’18
$144k
’19
−$49k
’20
$332k
’21
$146k
’22
−$25k
’23
$309k
’24
$13M
’25
3.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

John Brumby

President/chair

As listed on its FY2025 Form 990.

'18'19'20'21'22'23'24'25
Listed4565551010
Joined·+1+1+1+2+0+7+1
No longer listed·0022021
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 5 funders, grant income rose $75k → $251k.

10 of 20 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 66% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THE FRED HOLLOWS FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE FRED HOLLOWS FOUNDATION leans on a few funders — its largest provides 58% of grant income and the top three 85%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

92% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE FRED HOLLOWS FOUNDATION.

58%
largest funder
85%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2018 88% · 2019 94% · 2020 28% · 2021 49% · 2022 74% · 2023 64% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

36% of THE FRED HOLLOWS FOUNDATION's funders are still giving 3 years after their first grant; 55% give in more than one year at all.

first grant+1y+2y+3y+4y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

66% of THE FRED HOLLOWS FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2.0M that is directly attributable, 62% of it comes from New York funders.

NY
CA
AZ
NC
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $3.9M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THE FRED HOLLOWS FOUNDATION runs a healthier operating margin than three-quarters of the 2,843 health nonprofits its size.

Operating margin76% · top quartile
Months of reserve3.4mo · above the median
Revenue growth (annualized)72% · top quartile

this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025

Organizations like THE FRED HOLLOWS FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

76% of spending goes to programs.

Program 76%Management 12%Fundraising 12%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention–Board reviewed the 990✓Audited financials

Public support

31%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 37 states

AK
ME
NH
WA
ND
MN
IL
WI
MI
NY
MA
OR
NV
OH
PA
NJ
CT
RI
CA
UT
CO
KY
WV
VA
MD
NM
KS
AR
TN
NC
SC
HI
OK
MS
AL
GA
FL

Part of a family of 1 related entity

  • The Fred Hollows Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE FRED HOLLOWS FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE FRED HOLLOWS FOUNDATION?
THE FRED HOLLOWS FOUNDATION (New York) receives grants from 20 organizations whose IRS filings report $5,894,819 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($3,439,200). 11 of them have funded it in more than one year, and 66% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THE FRED HOLLOWS FOUNDATION have?
IRS filings report 20 organizations giving $5,894,819 in grants to THE FRED HOLLOWS FOUNDATION, 11 of which have funded it in more than one year.
Who is the largest funder of THE FRED HOLLOWS FOUNDATION?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $3,439,200 in grants. The full list of funders is on this page.
How can an organization like THE FRED HOLLOWS FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Fred Hollows →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2018–2025), and the filings of 20 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing