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Samuel and Barbara Masket Foundation

Samuel and Barbara Masket Foundation

Los Angeles, CA 90067
Tax ID46-3654757

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About this organization

Revenue

$233,742

Expenses

$162,591

Mission

The first mission of the foundation is to provide ongoing ophthalmic research for the benefit of medical professionals and for those in need of better sight. The second mission is to provide "state of the art" eye care for patients with inadequate resources. The third mission is to educate the medical professionals and the public about eye diseases and the current research related to those conditions.

About

1. Patients unable to afford participation in certain studies may receive grants-in-aid from the Foundation. An example is the US FDA trial for the Humanoptics Artificial Iris. The Foundation supports the surgery center to supply the device and provide the appropriate surgery for patients. The Foundation began fundraising in May 2015 and has recently donated the cost of the artificial iris for two patients. Surgery was fully successful with a return to 20/20 vision, elimination of glare, and major improvement in apperance.2. Dr. Samuel Masket has invented a new intra-ocular lens to prevent the problem of Negative Dysphotopsia, an annoying side effect of routine cataract surgery and The foundation is supporting research on the device in Europe at this time.

Interesting data from their 2020 990 filing

The non-profit's aim, as indicated in the filing, is “The first mission of the foundation is to provide ongoing ophthalmic research for the benefit of medical professionals and for those in need of better sight. the second mission is to provide "state of the art" eye care for patients with inadequate resources. the third mission is to educate the medical professionals and the public about eye diseases and the current research related to those conditions.”.

When referring to its functions, they were specified as: “The first mission of the foundation is to provide ongoing ophthalmic research for the benefit of medical professionals and for those in need of better sight. the second mission is to provide "state of the art" eye care for patients with inadequate resources. the third mission is to educate the medical professionals and the public about eye diseases and the current research related to those conditions.”.

  • The non-profit has reported their operating state as CA, as required by law.
  • As stated in the filing, the non-profit's address in 2020 was 2080 CENTURY PARK EAST 911, LOS ANGELES, CA, 90067.
  • The non-profit's form reports a total of 0 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Revenue is between $100,000 and $250,000.
  • Revenue less expenses is $71,151.
  • The remuneration of the CEO of the organization is not determined through an impartial review and approval process.
  • The organization has 0 independent voting members.
  • The organization was formed in 2013.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization has fundraising events.

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