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Minnesota · Nonprofit

VITREORETINAL SURGERY FOUNDATION

VITREORETINAL SURGERY FOUNDATION (Minnesota) receives grants from 6 organizations whose IRS filings report $1,296,910 to it, the largest being THE HELEN LINDSAY FAMILY FOUNDATION ($1,100,000). 4 of them have funded it in more than one year.

$347k
Revenue FY2025
6
Funders on record
$1.3M
Grants received
$1.3M
Net assets
4/6 repeat funderspeak grant-dependency 86%

Against its field

VITREORETINAL SURGERY FOUNDATION runs a healthier operating margin than three-quarters of the 15,926 education nonprofits its size.

Operating margin41% · top quartile
Months of reserve27.3mo · top quartile
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 15,926 education nonprofits $100k–$1M, FY2025

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($190k) Expenses 100 ($150k) Net assets 100 ($281k)2018 Revenue 148 ($281k) Expenses 103 ($155k) Net assets 143 ($402k)2019 Revenue 132 ($250k) Expenses 83 ($126k) Net assets 192 ($539k)2020 Revenue 127 ($240k) Expenses 75 ($113k) Net assets 242 ($682k)2021 Revenue 105 ($199k) Expenses 72 ($108k) Net assets 286 ($803k)2022 Revenue 91 ($173k) Expenses 96 ($145k) Net assets 274 ($771k)2023 Revenue 124 ($234k) Expenses 104 ($157k) Net assets 320 ($898k)2024 Revenue 142 ($269k) Expenses 118 ($177k) Net assets 373 ($1.0M)2025 Revenue 183 ($347k) Expenses 136 ($205k) Net assets 464 ($1.3M)
'17'18'19'20'21'22'23'24'25
Revenue (183)Expenses (136)Net assets (464)Peer revenue range

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.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

75% of VITREORETINAL SURGERY FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (58% for the typical peer).

This organization
Typical peer · 24,851 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$39k
17
$125k
18
$125k
19
$127k
20
$91k
21
$28k
22
$77k
23
$92k
24
$142k
25
27
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base held at 3 funders, grant income rose $107k → $165k.

2 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF)8% 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 VITREORETINAL SURGERY 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

VITREORETINAL SURGERY FOUNDATION leans on a few funders — its largest provides 85% of grant income and the top three 97%; half comes from just 1 funder.

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

85%
largest funder
97%
top three
~1
effective funders

Largest funder’s share by year: 2017 93% · 2018 69% · 2019 85% · 2020 91% · 2021 88% · 2022 87% · 2023 91%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.

Where its funders are

100% of VITREORETINAL SURGERY FOUNDATION's grant income comes from Minnesota funders.

MN
IL

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

17
18
19
20
21
22
23
Minnesota out of state home

Funder states come from each funder’s own filing. $101k arriving through sponsors registered in 2 statesis 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.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like VITREORETINAL SURGERY FOUNDATION

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

In Minnesota

Nationally

04Profile & governance

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

Where the money goes

93% of spending goes to programs.

Program 93%Management 7%Fundraising 0%

Governance

8
board members
100%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

19%

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

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for VITREORETINAL SURGERY 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.

A paid feature, included from the $75 plan up. Sign in to download.

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

Questions and answers

Who funds VITREORETINAL SURGERY FOUNDATION?
VITREORETINAL SURGERY FOUNDATION (Minnesota) receives grants from 6 organizations whose IRS filings report $1,296,910 to it, the largest being THE HELEN LINDSAY FAMILY FOUNDATION ($1,100,000). 4 of them have funded it in more than one year.
How many funders does VITREORETINAL SURGERY FOUNDATION have?
IRS filings report 6 organizations giving $1,296,910 in grants to VITREORETINAL SURGERY FOUNDATION, 4 of which have funded it in more than one year.
Who is the largest funder of VITREORETINAL SURGERY FOUNDATION?
THE HELEN LINDSAY FAMILY FOUNDATION is the largest funder on record, with $1,100,000 in grants. The full list of funders is on this page.
How can an organization like VITREORETINAL SURGERY FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6funders 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 August 27, 2026. What this page cannot tell you · view filing