2023 Annual report

On behalf of the SUNY College of Optometry Foundation and its Board of Trustees, we would like to offer our heartfelt gratitude and appreciation to the many individuals, foundations, and corporations who support our efforts throughout the year. Many have been long-time supporters who we count on year after year. In 2023, we saw an increase in the number of donations from faculty and staff, alumni, and parents. Most notably, grateful patients in the University Eye Center recognized the great work of the students, residents, and eye doctors with notes of appreciation and donations which more than doubled the number of gifts received from this group in the previous year. It is this collective support that enables us to support nearly 2,000 patient visits for families with limited resources, approximately 25% of our students with scholarships, new technology in our clinic, labs, and classrooms, and so much more. Thank you for entrusting us to be good stewards of your donations and for seeing the value of vision through your support. Making the Most of Invested and Donated Dollars 2023 Functional Expenses 23% 2023 Functional Expenses 6%

Dawn Rigney Executive Director

Dr. Richard Soden Board President

Student Support Campus Support Clinical Support Research

6%

23%

2023 Functional Expenses 2023 Functional Expenses

19%

Student Support Campus Support Clinical Support Research

16%

6%

International Programs Management & General Fundraising

23%

19%

Student Support Campus Support Clinical Support Research

16%

International Programs Management & General Fundraising

3%

%

16%

International Programs Management & General Fundraising

5%

28%

Total Expenses: $1,809,298

28%

Total Expenses: $1,809,298

28%

Total Expenses: $1,809,298

As of December 31, the Foundation’s net assets exceeded $13 million. The 2023 Audit conducted by Sax, LLP shows how funds were used to support students, patients, research and the College community.

2023 ANNUAL REPORT 25