American Eye Study Club Foundation
The entity provides financial support for continuing education conferences for ophthalmologists and other physicians concerning medical and surgical eye care. The purpose of these conferences is to advance the level of skill and knowledge of attendees and to inform them of recent advances in the treatment of eye diseases and conditions.
Key facts about American Eye Study Club Foundation
In short: American Eye Study Club Foundation gave $16K across 1 grant in 2025 (avg $16K), mostly in Illinois. Source: 2025 IRS Form 990.
- EIN
- 56-2381886
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $16,000
- Grants made (2025)
- 1
- Average grant
- $16,000
- Median grant
- $16,000
- Total assets
- $921,150
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$921K
+13.1% YoY
Annual Giving
$16K
-48.4% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$16K
-48.4% YoY
About American Eye Study Club Foundation
Based on IRS filings
American Eye Study Club Foundation is a nonprofit organization focused on Medical Research, based in Vernon Hills, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $921K in total assets. In 2025, it awarded 1 grant totaling $16K. Net investment income was $113K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN EYE STUDY CLUB Vernon Hills, IL | CME CONFERENCE EXPEN | $16,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $921,150 | $814,724 | $667,778 |
| Revenue | $161,999 | $52,343 | $42,037 |
| Expenses | $41,341 | $54,344 | $40,544 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $112,799 | $24,760 | $19,697 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2023 (received by the IRS May 3, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 15, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS May 7, 2026)
Leadership & Key People
Officers and directors from IRS filings
American Eye Study Club Foundation is led by Edward K. Isbey III MD, President on the 2025 filing; 1 of 13 officers listed in 2025 is compensated.
Officers on the 2025 filing
Edward K. Isbey III MD
President
New on the 2025 filing
2 hrs/week
No compensation reported
George Ellis Jr. MD
Trustee
President → Past President, 2023
Past President → Trustee, 2025
On filings since 2021
1 hr/week
No compensation reported
Tamara Fountain MD
Trustee
On filings since 2021
1 hr/week
No compensation reported
Dan Neely MD
Trustee
On filings since 2023
1 hr/week
No compensation reported
Linda Tsai MD
Trustee
On filings since 2023
1 hr/week
No compensation reported
Gary Lelli MD
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
John Irvine MD
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Rv Paul Chan Md Msc MBA
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Victor Hugo Gonzalez MD
Trustee
New on the 2025 filing
1 hr/week
No compensation reported
Richard Paul
Executive Di
On filings since 2021
7 hrs/week
$6K (2023) → $5K (2025)
Ann Acers Warn MD MBA
Past President
Trustee → President, 2023
President → Past President, 2025
On filings since 2021
1 hr/week
No compensation reported
Brian Welcome MD
Treasurer
Trustee → Treasurer, 2025
On filings since 2021
1 hr/week
No compensation reported
Stephen Klapper MD
Secretary
Trustee → Secretary, 2024
On filings since 2021
1 hr/week
No compensation reported
Former officers (7)
- Former: Bradley D. Fouraker MD (2021–2024) — Trustee
- Former: Edward K. Isbey Jr. MD (2021–2024) — Trustee
- Former: Robert S. Gold MD (2021–2024) — Treasurer
- Former: William S. Clifford MD (2021–2024) — Trustee
- Former: Rv Paul Chan MD (2024) — Director
- Former: Anthony Johnson MD (2021–2023) — Secretary
- Former: Edward K. Isbey Iii Mc (2023) — Trustee
Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
Frequently asked questions about American Eye Study Club Foundation
How much does American Eye Study Club Foundation give each year?
American Eye Study Club Foundation gave $16K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $31K across 1 grant.
How large is American Eye Study Club Foundation?
American Eye Study Club Foundation reported $921K in total assets on its 2025 IRS Form 990. Its revenue that year was $162K.
What is American Eye Study Club Foundation?
American Eye Study Club Foundation is a nonprofit organization focused on Medical Research, based in Vernon Hills, IL. It holds $921K in total assets as of 2025.
Where does American Eye Study Club Foundation operate?
American Eye Study Club Foundation has awarded grants in Illinois.
What is American Eye Study Club Foundation's EIN?
American Eye Study Club Foundation's EIN (Employer Identification Number) is 56-2381886. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
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