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CHARITY REVIEW
Issued: October 2024 Expires: October 2026

Seva Foundation

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(877) 764-7382
1786 Fifth Street
Berkeley, CA, 94710
https://www.seva.org
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Seva Foundation meets the 20 Standards for Charity Accountability.

Stated Purpose:
"to create self-sustaining programs that preserve and restore sight."

Year, State Incorporated:
1978, CA

Seva Foundation reports that it, along with its partners, works to restore sight in communities across 20 countries with little or no access to eye care. The organization seeks to increase the capacity of local hospitals and develop sustainable eye care programs with long-term impact. In 2023, Seva Foundation states that it provided eye screenings for 423,970 children, served 332,963 individuals at its vision centers, and 59,005 children received glasses. In addition, the organization reports that it trained 431 ophthalmic support staff, 143 doctors, and established 27 vision centers.

For the year ended June 30, 2023, Seva Foundation's program expenses were:

Global Sight Initiative $9,942,514
International development education $186,481
Total Program Expenses $10,128,995

Chief Executive
Kathleen Moynihan, Executive Director

Compensation*
$255,834

Chair of the Board
Mariano Yee, MD

Chair's Profession / Business Affiliation
Ophthalmologist at Visualiza, Guatemala City, Guatemala

Board Size
9

Paid Staff Size
36

*2022 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.)

Fundraising costs were 14% of related contributions. (Related contributions, which totaled $9,922,473, are donations received as a result of fundraising activities.)

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

The following information is based on Seva Foundation's audited financial statements for the year ended June 30, 2023.

Source of Funds
Contributions and grants $9,579,487
Unrealized and realized gain on investments, net $1,092,606
Dividend and interest income $815,182
In-kind contributions $371,355
Other income $-3,231
Special events, net $-28,369
Total Income $11,827,030

Programs: 78% Fundraising: 11% Administrative: 11%

Total Income $11,827,030
Total expenses: $12,929,346
  Program expenses $10,128,995
  Fundraising expenses $1,402,565
  Administrative expenses $1,397,786
  Other expenses $0
Income in Excess of Expenses $-1,102,316
Beginning Net Assets $34,783,813
Other Changes In Net Assets $0
Ending Net Assets $33,681,497
Total Liabilities $1,199,910
Total Assets $34,881,407

Note: According to Seva Foundation's audited financial statements for the year ended June 30, 2023, the organization received $371,355 in contibuted goods and services including advertising ($157,366), ophthamalogy professional services ($127,548), program salaries for foreign offices ($70,541), and eye glasses and frames ($15,900).

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

RELATED CONTENT

Report completed by:
BBB Wise Giving Alliance