The Arvo Foundation for Eye Research Inc logo

The Arvo Foundation for Eye Research Inc

Public charity · Grantmaker Gaithersburg, MD EIN: 52-2322462 Website

Our mission is to serve as a global catalyst for innovation, workforce development and collaboration in the field of vision research.

Key facts about The Arvo Foundation for Eye Research Inc

In short: The Arvo Foundation for Eye Research Inc gave $170K across 3 grants in 2025 (avg $57K), top state Maryland. Source: 2025 IRS Form 990.

EIN
52-2322462
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$170,000
Grants made (2025)
3
Average grant
$56,667
Median grant
$50,000
Total assets
$10,583,182
Primary geography
Maryland (41% 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

$10.6M

+17.8% YoY

Annual Giving

$170K

-15.0% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$57K

-15.0% YoY

How The Arvo Foundation for Eye Research Inc gives

  • Giving fell 46% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About The Arvo Foundation for Eye Research Inc

Based on IRS filings

The Arvo Foundation for Eye Research Inc is a public charity focused on Medical Research, based in Gaithersburg, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $10.6M in total assets. In 2025, it awarded 3 grants totaling $170K. Net investment income was $498K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

14states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

BostonHoustonRedwood CityBaltimorePortlandTahelquahAnn ArborAtlantaBerkeleyBethesdaBirminghamDenverEvanstonKansas CityOrangeSalt Lake CityLos AngelesNew York

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K13 grants2020 3 grants2021 5 grants2022 3 grants2023 3 grants2024 3 grants2025

From 2020 to 2025, annual grant giving ranged from $100K (2023) to $325K (2020). In 2025 it made 3 grants totaling $170K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Johns Hopkins University: $70KJohns Hopkins University$70KStanford University: $50KStanford University$50KMassachusetts Eye and Ear Infirmary: $50KMassachusetts Eye and EarInfirmary$50K

The largest 2025 recipient was Johns Hopkins University ($70K). Together the top 3 received $170K.

Grant Size Distribution

17 grants across all recorded years

4<$50K10$50–100K3$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 10 grants of 17 (59%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Johns Hopkins University Baltimore, MDResearch Award$70,000
Stanford University Redwood City, CAResearch Award$50,000
Massachusetts Eye and Ear Infirmary Boston, MAResearch Award$50,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$10,583,182$8,983,290$7,780,487
Revenue$1,826,745$1,607,205$997,892
Expenses$1,434,632$1,244,107$1,136,082
Net Investment Income$498,235$647,831$1,722

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS October 7, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS October 26, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS June 27, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS March 28, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS April 23, 2025)
  6. Updated Form 990 for fiscal year 2025 (received by the IRS April 22, 2026)
  7. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

The Arvo Foundation for Eye Research Inc is led by Iris M. Rush Cae, Executive Director on every filing since 2020; none of the 12 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Iris M. Rush Cae

    Executive Director

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Rafal Farjo Phd Farvo

    Chair

    Governor → Treasurer, 2021

    Treasurer → Chair, 2024

    On filings since 2020

    3 hrs/week

    No compensation reported

  • Alan R. Morse JD PhD

    Governor

    On filings since 2020

    1 hr/week

    No compensation reported

  • Emily Y. Chew Md Farvo

    Governor

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jason P. Spessard Cae

    Chief Operating & Financial Officer

    Chief Financial Officer → Chief Operating & Financial Officer, 2021

    On filings since 2020

    5 hrs/week

    No compensation reported

  • Renu Kowluru Phd Farvo

    Governor

    On filings since 2021

    1 hr/week

    No compensation reported

  • Mary Elizabeth Hartnett Md Farvo

    Governor

    On filings since 2022

    1 hr/week

    No compensation reported

  • Barbara Wirostko Md Farvo

    Chair-Elect

    Governor → Chair-Elect, 2025

    On filings since 2023

    3 hrs/week

    No compensation reported

  • William Mieler Md Farvo Facs

    Treasurer

    Governor → Treasurer, 2025

    On filings since 2023

    3 hrs/week

    No compensation reported

  • Cheryl Rowe-Rendleman Phd Farvo

    Governor

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Haotian Lin MD PhD

    Governor

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Jacob Pe'er Md Farvo

    Governor

    New on the 2025 filing

    1 hr/week

    No compensation reported

Former officers (16)
  • Former: Janey L. Wiggs Md Phd Farvo (2020–2024) — Governor
  • Former: Joel S. Schuman Md Farvo (2020–2024) — Immediate Past Chair
  • Former: Thomas Yorio Phd Farvo (2020–2024) — Governor
  • Former: Erik Van Kuijk Md Phd Farvo (2020–2023) — Governor
  • Former: Janet C. Blanks Phd Farvo (2020–2023) — Governor
  • Former: William J. Brunken Phd Farvo (2020–2023) — Governor
  • Former: Shigeru Kinoshita MD (2021–2023) — Governor
  • Former: Claude F. Burgoyne Md Farvo (2021–2022) — Governor
  • Former: Paul Sternberg Jr Md Farvo (2020–2021) — Immediate Past Chair
  • Former: Terri L. Young Md Mba Farvo (2020–2021) — Governor
  • Former: Mary Elizabeth Hartnett Md Facs Fa (2021) — Governor
  • Former: David R. Williams Phd Farvo (2020) — Treasurer
  • Former: Jeffrey H. Boatright Phd Farvo (2020) — Governor
  • Former: Justine Smith Franzco Phd Farvo (2020) — Ex-Officio Member
  • Former: Mark H. B. Radford MD PhD (2020) — Governor
  • Former: Stella M. Robertson PhD (2020) — Governor

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The Arvo Foundation for Eye Research Inc

How much does The Arvo Foundation for Eye Research Inc give each year?

The Arvo Foundation for Eye Research Inc gave $170K across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $200K across 3 grants.

What is The Arvo Foundation for Eye Research Inc's typical grant size?

The Arvo Foundation for Eye Research Inc's median grant in 2025 was $50,000, and its average grant was $56,667, across 3 grants on its 2025 IRS Form 990.

Where does The Arvo Foundation for Eye Research Inc give grants?

The Arvo Foundation for Eye Research Inc's top state is Maryland, with 41% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were California (29%) and Massachusetts (29%).

Does The Arvo Foundation for Eye Research Inc give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on The Arvo Foundation for Eye Research Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Research Award" (3 grants).

How large is The Arvo Foundation for Eye Research Inc?

The Arvo Foundation for Eye Research Inc reported $10.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.8M.

What is The Arvo Foundation for Eye Research Inc?

The Arvo Foundation for Eye Research Inc is a public charity focused on Medical Research, based in Gaithersburg, MD. It holds $10.6M in total assets as of 2025.

What is The Arvo Foundation for Eye Research Inc's EIN?

The Arvo Foundation for Eye Research Inc's EIN (Employer Identification Number) is 52-2322462. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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