2017-07-24T13:05:39-05:00 2016-12-31 954557617 Harrington Group CPAs LLP 2670 Mission Street Suite 200 San Marino CA 91108 990 2016-01-01 954228653 Discovery Eye Foundation DISC 3106234466 8635 W 3rd Street No 390W Los Angeles CA 90048 Anthony B Nesburn MD President 3104236455 2017-07-24 1 Tonetta L Conner CPA P01775198 6264036801 64.88.174.3 2017-07-24 11:05:22 PD P 30438777C974F510D619FA0AF5CBFAC355A331C1 3A558FDD9C99768A1AAB79B8E62524B039AC0C48 2016 2021-01-29 14:40:06Z X Jack Schoellerman 8635 W 3rd Street No 390W Los Angeles CA 90048 687799 0 X www.discoveryeye.org X 1968 CA Discovery Eye Foundation (DEF) supported research continues at the University of California Irvine and thru the Stem Cell Regeneration Program, which is a collaboration with other universities worldwide. Patient Educaton Seminars continue to be given thoughout the US. 5 5 2 5 0 0 711178 358380 0 0 326642 72380 3300 2753 1041120 433513 2200000 315627 0 0 609117 252576 0 0 56556 432818 329335 3241935 897538 -2200815 -464025 1178466 766657 31587 22053 1146879 744604 X DEF's mission is to provide research, treatment, education and advocacy for corneal and retinal eye diseases that will improve the quality of life. 0 1 517024 315627 The Discovery Eye Foundation's main purpose is to advance research in macular degeneration and keratoconus and other corneal diseases. In 2016, a gift of $315,627 was made to the University of California Irvine Foundation to fund continued research. 517024 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 20 0 1 2 1 0 0 0 0 0 0 0 0 0 0 X 5 5 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA X X Gracie Rogoff Administrator - Discovery Eye Foundation 3106234466 8635 W 3rd Street No 390W Los Angeles CA 90048 Jack Schoellerman Chairman 2.00 X X 0 0 0 Anthony B Nesburn MD FACS President/Medical Director 2.00 X X 0 0 0 Jon Pynoos PhD Vice President 0.30 X X 0 0 0 Joan Seidel Treasurer 1.00 X X 0 0 0 M Cristina Kenney MD PhD Secretary 1.00 X X 0 0 0 Ryan Fisher Vice President 1.00 X X 0 0 0 Susan B DeRemerterm end 122016 V.P. Development 40.00 X 76641 0 1050 76641 0 1050 0 0 0 0 0 358380 19657 358380 29334 29334 297332 254286 43046 43046 43046 Miscellaneous income 900099 2753 2753 2753 433513 0 0 75133 X 315627 315627 77691 17164 55233 5294 114170 54508 42616 17046 689 234 427 28 44838 15303 27654 1881 15188 5164 9417 607 13445 1110 12335 17188 17188 176364 48663 107527 20174 16306 14096 2051 159 42293 17784 18080 6429 6045 3147 1325 1573 13 1 12 17167 11793 4696 678 9342 9342 4233 398 3835 Bad dept expense 10000 10000 Miscellaneous 9123 1490 5215 2418 Commission expense 4412 79 4333 Dues, memberships,& sub 1888 147 1472 269 1516 316 1200 897538 517024 323958 56556 280595 188970 39035 29423 291 869 136555 1548 201575 187764 23153 13811 695664 532036 3173 0 1178466 766657 31587 22053 31587 22053 X 383915 715181 762964 29423 1146879 744604 1178466 766657 X -464025 61362 388 X 1 X 0 1 0 X 1138170 715237 920231 711178 358380 3843196 1138170 715237 920231 711178 358380 3843196 725963 3117233 180013 87845 145543 50200 29334 492935 11208 5710 4379 3300 2753 27350 4363481 0.71440 0.66550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 201575 187764 13811 13811 X 495263 61362 388 61750 433513 0 433513 897538 0 897538 0 897538 Part X, Line 2: Discovery is exempt from taxation under Internal Revenue Code Section 501(c)(3) and California Revenue and Taxation Code Section 23701d. Generally accepted accounting principles provide accounting and disclosure guidance about positions taken by an organization in its tax returns that might be uncertain. Management has considered its tax positions and believes that all of the positions taken by Discovery in its federal and state exempt organization tax returns are more likely than not to be sustained upon examination. Discovery returns are subject to examination by federal and state taxing authorities, generally for three and four years, respectively, after they are filed. Part XI, Line 2d - Other Adjustments: Change in value of pledges receivable 388. 1 Regents of the University of California - Irvine 5171 California Avenue Suite 150 Irvine CA 92697 952226406 315627 Basic Ophthal. Research and salaries Part I, Line 2: Funds are received as temporarily restricted and released for the individuals as a they are needed. Scientific Review Committee reviews all proposals submitted for potential funding. They are graded and submitted to the DEF Executive Finance Committee for consideration of submission to the DEF Board. 1 0 0 0 0 0 0 0 0 Susan B DeRemerterm end 122016 V.P. Development 65641 0 0 0 11000 0 1050 0 0 0 77691 0 0 0 Part I, Line 4a Susan DeRemer received severance pay - $11,000 in December 2016. Form 990, Part III, line 3 Education programs provided through Macular Degeneration Partnership and National Keratoconus Foundation have been discontinued due to Discovery Eye Foundation's increased effort to increase areas of concentration on research. Form 990, Part VI, Section A, line 2 Dr. Anthony Nesburn, President/Medical Director is the husband of Dr. M. Cristina Kenney, MD, PhD, Secretary of DEF. Form 990, Part VI, Section B, line 11b The Form 990 is distributed to the Executive Finance Committee of DEF for their review prior to submitting to the full board for their review, prior to submitting to the accountants for submission. Form 990, Part VI, Section B, line 12c Policy is reviewed on an annual basis and amended as needed. Form 990, Part VI, Section C, line 19 Financial statements are posted on the DEF website - Governing documents and conflict of interest policy are provided upon request. Form 990, Part IX, line 11g Outside Services: Program service expenses 48,663. Management and general expenses 107,527. Fundraising expenses 20,174. Total expenses 176,364. Form 990, Part XI, line 9: Change in value of pledges receivable 388.