IRS 990 Nonprofit Profile

Foundation Of The Massachusetts Eye And Ear Infirmary INC

THE FOUNDATION OF THE MASSACHUSETTS EYE AND EAR INFIRMARY, INC. ("THE FOUNDATION") IS ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF AND TO CARRY OUT THE PURPOSE OF THE MASSACHUSETTS EYE AND EAR INFIRMARY, (THE "INFIRMARY") A TAX EXEMPT MEDICAL AND SURGICAL HOSPITAL WHICH PROVIDES PATIENT CARE, RESEARCH AND EDUCATION IN OPHTHALMOLOGY, OTOLARYNGOLOGY AND RELATED SPECIALTIES. THE FOUNDATION RAISES FUNDS, INVESTS FUNDS AND MAKES GRANTS TO THE INFIRMARY. Effective April 1, 2018, the Foundation became part of the comprehensive, integrated healthcare system organized and operated by Partners Healthcare System, Inc, ("Partners") that includes hospitals, physicians, charitable, scientific, educational, research and other Partners affiliated organizations. As part of the system the Foundation will assist and support Partners and the Partners affiliated organizations in fulfilling their mission. PART III, Line 3 Effective April 1, 2018, the Foundation became part of the comprehensive, integrated healthcare system organized and operated by Partners Healthcare System, Inc, ("Partners") that includes hospitals, physicians, charitable, scientific, educational, research and other Partners affiliated organizations. As part of the system the Foundation will assist and support Partners and the Partners affiliated organizations in fulfilling their mission.

Financials

Filing year
2017
Total revenue
$73.9M
Total expenses
$25.5M
Total assets
$348.1M
Program expenses
$23.8M
Administration
$1.6M
Fundraising
$0
Program share of expenses
94%
EIN
42785453
Sector
Health
Location
Boston, MA

Leadership and Compensation

John R Fernandez - President
$1.4M
D Bradley Welling MD - Director
$1.2M
Keith D Lillemoe MD - Director (since 7/18)
$1.1M
Joan W Miller MD - Director
$1.1M
Thomas Sequist MD - Director (since 7/18)
$692K
Carolann Williams - CFO & VP Finance And Admin
$511K
Martha Pyle Farrell - Assistant Secretary
$426K
Maureen Kelley - Assistant Secretary
$218K
Annette Nova - Director (until 12/17)
$0
Charles De Gunzburg - Director
$0

Officers, directors and key employees with total reported compensation, from Form 990 Part VII.

Governance

Voting board members
19
Independent members
14

Grants

Grants to U.S. organizations and individuals
$23.1M

WWW.MASSEYEANDEAR.ORG

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Financial data on this page is sourced from IRS Form 990 filings.