EIN 41-2122813

Vitreoretinal Surgery Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
2003
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Vitreoretinal Surgery Foundation strives to promote education and research related to retinal and macular diseases. They support research by funding awards for young investigators with potential for a career devoted to retinal disease and research. Since their founding in 2005, they have maintained a robust research program aimed at supporting young investigators. The vrs Foundation sponsors an annual retinal update continuing education conference that has occurred annually for the past 27 years, targeting practicing ophthalmologists and optometrists.
Total revenues
$234,372
2023
Total expenses
$157,210
2023
Total assets
$969,388
2023
Num. employees
0
2023

Program areas at Vitreoretinal Surgery Foundation

The vrs Foundation sponsors the annual retinal update continuing education conference. This has been the primary educational activity of the vrsf and has occurred annually for the past 27 years. The target audience is practicing ophthalmologists and optometrists in the upper midwest. Presentations are given by vrs physicians, as well as an invited national recognized speaker. This conference is accredited by the Minnesota medical association for 4 ama pra category 1 credits. The ophthalmic business community has financially supported the conference and exhibits their latest innovations. It is the only conference specifically addressing diseases of the retina and macula in our region each year. In 2023, there were 142 attendees and 12 exhibitors at the conference.in addition, the vrs Foundation hosts a resident/fellow case review conference the evening before the retinal update course. Residents and fellows from vrs, university of Minnesota and mayo clinic present challenging cases to rcm, u of mn and mayo clinic staff physicians as well as our invited national speaker. In 2023, there were 35 attendees to learn about 10 different cases presented.
Since the founding of the Vitreoretinal Surgery Foundation (vrsf) 2005, we have maintained a robust research program. The goal of the research program has been to support young investigators and encourage them to pursue a career focusing on diseases of the retina. Our research program is open to medical students, residents and fellows at ophthalmology training programs, and fulltime research trainees at academic centers. We are currently working with 31 practice based and university affiliated programs across the country.we offer two types of research grants. Our research award is designed for ophthalmology residents and fellows who want to pursue a research project during their clinical training. The award consists of a research stipend of $2,000 together with an additional $1,000 for research related expenses and $1,000 for travel expenses to present research results at a national symposium. Our research fellowship is designed for someone involved in fulltime research at an academic institution pursuing an advanced degree, such as a phd or md/phd. The fellowship has a stipend of $10,000 and an additional $1,000 for travel expenses to present research results at a national symposium.each year beginning in july we solicit applications from our 31 affiliated training programs. Applications are reviewed by our board of directors consisting of members of our professional practice, retina consultants of Minnesota pllc, as well as representatives from the university of Minnesota and the mayo clinic. The application process is competitive, with approximately half of the applications selected for an award or fellowship. In 2023, there were 65 applications, with 30 research awards given, and 3 fellowships awarded.the success of our research program can be measured by the number of presentations of research results at national meetings and publication of research manuscripts by peer reviewed journals. Research results are frequently cited in academic and professional publications. Results of presentations are sometimes picked up by local or national media. Published manuscripts are available to the academic and research community through the pubmed search engine, and most journal articles are available to members of the ophthalmology profession through open source journal access. Over the last 5 years there has been 120 presentations and 88 publications.
Vrsf has sponsored the primary retinal detachment outcomes (pro) study. This research project was begun in 2016 under the direction of dr edwin ryan, its principal investigator. It has been funded by a grant from the allina Foundation, minneapolis mn, to the vrsf. The pro study compiled a large, comprehensive observational dataset from patients who underwent repair of retinal detachment in 2015 in six study centers across the country. 61 Vitreoretinal surgeons participated in this study. Nearly 3,000 cases of primary retinal detachment were entered in the study database. The dataset has now been analyzed to determine pre-operative, intra-operative and post-operative characteristics which impact the outcome of primary retinal detachment Surgery. The results of the pro study have been widely disseminated throughout the ophthalmic community, and will strongly influence the management of retinal detachment for years to come. The pro study has so far resulted in 9 presentations at national and international symposia, and 17 publications in peer-reviewed journals.

Grants made by Vitreoretinal Surgery Foundation

GranteeGrant descriptionAmount
Duke University Health SystemResearch/fellowship Award$0
Iowa State Univeristy of Science and TechnologyResearch/fellowship Award$0
Stanford UniversityResearch/fellowship Award$0

Who funds Vitreoretinal Surgery Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Helen Lindsay Family FoundationResearch and Support$100,000
Morgan Stanley Global Impact Funding TrustUnrestricted General Support$10,000

Personnel at Vitreoretinal Surgery Foundation

NameTitleCompensation
Herbert CantrillPresident$0
Peter TangSecretary and Treasurer$0

Financials for Vitreoretinal Surgery Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$176,476
Program services$44,275
Investment income and dividends$13,621
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$234,372

Form 990s for Vitreoretinal Surgery Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-24990View PDF
2022-122023-06-16990View PDF
2021-122022-05-25990View PDF
2020-122021-09-03990View PDF
2019-122021-01-21990View PDF
...and 7 more Form 990s
Data update history
September 1, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 1, 2024
Updated personnel
Identified 2 new personnel
January 3, 2024
Received grants
Identified 1 new grant, including a grant for $100,000 from The Helen Lindsay Family Foundation
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsDisease research fundraisersProfessional associationsDisease-focused nonprofitsCharities
Issues
HealthEducationMedical disciplines
Characteristics
Provides grantsConducts researchTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
3601 W 76th St 300
Edina, MN 55435
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
vrsfoundation.us/ 
Phone
(952) 259-3466
IRS details
EIN
41-2122813
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2003
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
G90: Medical Disciplines
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Independent
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