Thomas Heed Ophthalmic Foundation 2620066500

Boston, MA
Tax-exempt since Dec. 1948
EIN: 36-6012426

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$340k (2024)

Expenses

$329k (2024)

Total Assets

$4.18M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$339,859

Expenses

$329,464

Net Income

$10,395

Net Assets

$4,184,705

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$30,000	8.8%
Interest Revenue	$0
Dividends	$145,968	42.9%
Sales of Assets	$153,140	45.1%
Other Income	$10,751	3.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$306,709	93.1%
Compensation of Officers*	$66,521	20.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,184,705
Total Liabilities	$0
Net Assets	$4,184,705

Compensation

Key Employees and Officers	Compensation	Other
Cibc National Trust Company (Trustee)	$66,521	$0
David J Wilson Md (Executive Secretary)	$0	$0
Stephen D Mcleod Md (Officer)	$0	$0
Eduardo C Alfonso Md (Officer)	$0	$0
Joan W Miller Md (Officer)	$0	$0
Nicholas J Volpe Md (Officer)	$0	$0
Lisa Brown Sf Ams (Administrator)	$0	$0
Julia A Haller Md (Officer)	$0	$0
Froncie A Gutman Md (Executive Secretary)	$0	$0

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990-PF

Filed on Oct. 22, 2025

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2023

Revenue

$243,332

Expenses

$334,306

Net Income

-$90,974

Net Assets

$4,173,262

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$103,048	42.3%
Interest Revenue	$0
Dividends	$122,175	50.2%
Sales of Assets	-$3,915
Other Income	$22,024	9.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$315,818	94.5%
Compensation of Officers*	$63,868	19.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,173,262
Total Liabilities	$0
Net Assets	$4,173,262

Compensation

Key Employees and Officers	Compensation	Other
David J Wilson Md (Executive Secretary)	$32,040	$0
Cibc National Trust Company (Trustee)	$31,828	$0
Stephen D Mcleod Md (Officer)	$0	$0
Eduardo C Alfonso Md (Officer)	$0	$0
Joan W Miller Md (Officer)	$0	$0
Nicholas J Volpe Md (Officer)	$0	$0
Lisa Brown Sf Ams (Administrator)	$0	$0
Julia A Haller Md (Officer)	$0	$0
Froncie A Gutman Md (Executive Secretary)	$0	$0

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990-PF

Filed on May 10, 2024

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$150,841

Expenses

$412,281

Net Income

-$261,440

Net Assets

$4,267,766

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$37,000	24.5%
Interest Revenue	$975	0.6%
Dividends	$109,808	72.8%
Sales of Assets	-$13,535
Other Income	$16,593	11.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$386,610	93.8%
Compensation of Officers*	$64,991	15.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,267,766
Total Liabilities	$0
Net Assets	$4,267,766

Compensation

Key Employees and Officers	Compensation	Other
Cibc National Trust Company (Trustee)	$32,951	$0
David J Wilson Md (Executive Secretary)	$32,040	$0
Stephen D Mcleod Md (Officer)	$0	$0
Eduardo C Alfonso Md (Officer)	$0	$0
Joan W Miller Md (Officer)	$0	$0
Nicholas J Volpe Md (Officer)	$0	$0
Lisa Brown Sf Ams (Administrator)	$0	$0
Julia A Haller Md (Officer)	$0	$0
Froncie A Gutman Md (Executive Secretary)	$0	$0

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990-PF

Filed on May 4, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$330,869

Expenses

$303,351

Net Income

$27,518

Net Assets

$4,529,469

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$10,000	3.0%
Interest Revenue	$0
Dividends	$100,859	30.5%
Sales of Assets	$203,261	61.4%
Other Income	$16,749	5.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$289,624	95.5%
Compensation of Officers*	$67,076	22.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,529,469
Total Liabilities	$0
Net Assets	$4,529,469

Compensation

Key Employees and Officers	Compensation	Other
Cibc National Trust Company (Trustee)	$35,036	$0
David J Wilson Md (Executive Secretary)	$32,040	$0
Stephen D Mcleod Md (Officer)	$0	$0
Eduardo C Alfonso Md (Officer)	$0	$0
Joan W Miller Md (Officer)	$0	$0
Nicholas J Volpe Md (Officer)	$0	$0
Lisa Brown Sf Ams (Administrator)	$0	$0
Julia A Haller Md (Officer)	$0	$0
Froncie A Gutman Md (Executive Secretary)	$0	$0

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990-PF

Filed on May 10, 2022

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2020

Revenue

$144,998

Expenses

$321,056

Net Income

-$176,058

Net Assets

$4,501,511

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$27,000	18.6%
Interest Revenue	$0
Dividends	$105,925	73.1%
Sales of Assets	$2,634	1.8%
Other Income	$9,439	6.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$307,969	95.9%
Compensation of Officers*	$79,278	24.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,501,512
Total Liabilities	$1
Net Assets	$4,501,511

Compensation

Key Employees and Officers	Compensation	Other
David J Wilson Md (Executive Secretary)	$48,060	$0
Cibc National Trust Company (Trustee)	$31,218	$0
Stephen D Mcleod Md (Officer)	$0	$0
Eduardo C Alfonso Md (Officer)	$0	$0
Joan W Miller Md (Officer)	$0	$0
Nicholas J Volpe Md (Officer)	$0	$0
Lisa Brown Sf Ams (Administrator)	$0	$0
Julia A Haller Md (Officer)	$0	$0
Froncie A Gutman Md (Executive Secretary)	$0	$0

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990-PF

Filed on April 26, 2021

Primary tax return for a private foundation's activities, finances, and governance

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XML

Fiscal Year Ending Dec.
2019

Revenue

$200,299

Expenses

$329,525

Net Income

-$129,226

Net Assets

$4,672,877

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$27,000	13.5%
Interest Revenue	$0
Dividends	$137,152	68.5%
Sales of Assets	$24,834	12.4%
Other Income	$11,313	5.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$295,657	89.7%
Compensation of Officers*	$41,947	12.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,672,878
Total Liabilities	$1
Net Assets	$4,672,877

Compensation

Key Employees and Officers	Compensation	Other
Cibc National Trust Company (Trustee)	$31,947	$0
Froncie A Gutman Md (Executive Secretary)	$10,000	$0
David J Wilson Md (Executive Secretary)	$0	$0
Stephen D Mcleod Md (Officer)	$0	$0
Eduardo C Alfonso Md (Officer)	$0	$0
Joan W Miller Md (Officer)	$0	$0
Nicholas J Volpe Md (Officer)	$0	$0
Lisa Brown Sf Ams (Administrator)	$0	$0
Julia A Haller Md (Officer)	$0	$0

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990-PF

Filed on June 10, 2020

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2018

Revenue

$1,787,128

Expenses

$326,668

Net Income

$1,460,460

Net Assets

$4,798,246

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$33,548	1.9%
Interest Revenue	$0
Dividends	$134,212	7.5%
Sales of Assets	$1,613,125	90.3%
Other Income	$6,243	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$309,722	94.8%
Compensation of Officers*	$56,917	17.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$4,798,246
Total Liabilities	$0
Net Assets	$4,798,246

Compensation

Key Employees and Officers	Compensation	Other
Cibc Bank Usa (Trustee)	$32,917	$0
Froncie A Gutman Md (Executive Secretary)	$24,000	$0
Stephen D Mcleod Md (Officer)	$0	$0
Eduardo C Alfonso Md (Officer)	$0	$0
Joan W Miller Md (Officer)	$0	$0
Nicholas J Volpe Md (Officer)	$0	$0
Lisa Brown Sf Ams (Administrator)	$0	$0
Julia A Haller Md (Officer)	$0	$0

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990-PF

Filed on May 8, 2019

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2017

Revenue

$245,338

Expenses

$313,441

Net Income

-$68,103

Net Assets

$3,336,294

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$32,546	13.3%
Interest Revenue	$0
Dividends	$113,903	46.4%
Sales of Assets	$98,889	40.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$300,198	95.8%
Compensation of Officers*	$56,593	18.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,336,294
Total Liabilities	$0
Net Assets	$3,336,294

Compensation

Key Employees and Officers	Compensation	Other
Cibc Bank Usa (Trustee)	$32,593	$0
Froncie A Gutman Md (Executive Secretary)	$24,000	$0
Stephen D Mcleod Md (Officer)	$0	$0
David Wilson Md (Officer)	$0	$0
Eduardo C Alfonso Md (Officer)	$0	$0
Joan W Miller Md (Officer)	$0	$0
Nicholas J Volpe Md (Officer)	$0	$0
Lisa Brown Sf Ams (Administrator)	$0	$0

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990-PF

Filed on May 2, 2018

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2016

Revenue

$137,574

Expenses

$296,433

Net Income

-$158,859

Net Assets

$3,404,400

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$119,741	87.0%
Sales of Assets	$257	0.2%
Other Income	$17,576	12.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$270,658	91.3%
Compensation of Officers*	$54,932	18.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,404,400
Total Liabilities	$0
Net Assets	$3,404,400

Compensation

Key Employees and Officers	Compensation	Other
The Private Bank (Trustee)	$30,932	$0
Froncie A Gutman Md (Executive Secretary)	$24,000	$0
Eduardo C Alfonso Md (Officer)	$0	$0
Joan W Miller Md (Officer)	$0	$0
Nicholas J Volpe Md (Officer)	$0	$0
David Wilson Md (Officer)	$0	$0
Stephen D Mc Leod Md (Officer)	$0	$0

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990-PF

Filed on May 2, 2017

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2015

Revenue

$182,465

Expenses

$301,488

Net Income

-$119,023

Net Assets

$3,563,283

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$122,283	67.0%
Sales of Assets	$14,182	7.8%
Other Income	$46,000	25.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$266,387	88.4%
Compensation of Officers*	$55,921	18.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,563,283
Total Liabilities	$0
Net Assets	$3,563,283

Compensation

Key Employees and Officers	Compensation	Other
The Private Bank (Trustee)	$31,921	$0
Froncie A Gutman Md (Executive Secretary)	$24,000	$0
Eduardo C Alfonso Md (Officer)	$0	$0
Stephen D Mc Leod Md (Officer)	$0	$0
Joan W Miller Md (Officer)	$0	$0
Nicholas J Volpe Md (Officer)	$0	$0
David Wilson Md (Officer)	$0	$0

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990-PF

Filed on April 26, 2016

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2014

Revenue

$301,360

Expenses

$291,095

Net Income

$10,265

Net Assets

$3,686,599

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1	0.0%
Dividends	$133,169	44.2%
Sales of Assets	$138,170	45.8%
Other Income	$30,020	10.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$258,372	88.8%
Compensation of Officers*	$55,647	19.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,686,599
Total Liabilities	$0
Net Assets	$3,686,599

Compensation

Key Employees and Officers	Compensation	Other
The Private Bank (Trustee)	$32,343	$0
Froncie A Gutman Md (Executive Secretary)	$23,304	$0
Eduardo C Alfonso Md (Officer)	$0	$0
Stephen D Mc Leod Md (Officer)	$0	$0
Joan W Miller Md (Officer)	$0	$0
Nicholas J Volpe Md (Officer)	$0	$0
David Wilson Md (Officer)	$0	$0

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990-PF

Filed on May 4, 2015

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2013

Revenue

$98,719

Expenses

$261,182

Net Income

-$162,463

Net Assets

$3,674,996

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$1	0.0%
Dividends	$130,460	> 100%
Sales of Assets	-$31,742
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$237,630	91.0%
Compensation of Officers*	$63,763	24.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,674,996
Total Liabilities	$0
Net Assets	$3,674,996

Compensation

Key Employees and Officers	Compensation	Other
The Private Bank (Trustee)	$30,547	$0
Froncie A Gutman Md (Executive Secretary)	$25,716	$0
Jane Sardelle (Administrator)	$7,500	$0
Eduardo C Alfonso Md (Officer)	$0	$0
Stephen D Mc Leod Md (Officer)	$0	$0
Joan W Miller Md (Officer)	$0	$0
Nicholas J Volpe Md (Officer)	$0	$0
David Wilson Md (Officer)	$0	$0

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990-PF

Filed on May 1, 2014

Primary tax return for a private foundation's activities, finances, and governance

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Fiscal Year Ending Dec.
2012

Revenue

$196,652

Expenses

$234,780

Net Income

-$38,128

Net Assets

$3,842,578

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$8	0.0%
Dividends	$118,300	60.2%
Sales of Assets	$60,807	30.9%
Other Income	$17,537	8.9%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$212,340	90.4%
Compensation of Officers*	$28,732	12.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,842,578
Total Liabilities	$0
Net Assets	$3,842,578

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$107,286

Expenses

$223,713

Net Income

-$116,427

Net Assets

$3,880,707

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$101,111	94.2%
Sales of Assets	$6,134	5.7%
Other Income	$41	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$192,262	85.9%
Compensation of Officers*	$28,950	12.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$3,880,707
Total Liabilities	$0
Net Assets	$3,880,707

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Updated January 26, 2026

Thomas Heed Ophthalmic Foundation 2620066500

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $340k (2024)

Expenses $329k (2024)

Total Assets $4.18M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$340k (2024)

Expenses

$329k (2024)

Total Assets

$4.18M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001