Guiding Eyes For The Blind - Finances


Guiding Eyes is a 501(c)(3) nonprofit organization, funded via private donations. The school does not charge tuition, rather the dogs, training, students' room and board for 26 days and a follow-up support are provided at no cost to the student.

According to Charity Navigator, GEB had income of $19 million for fiscal year 2009/2010 and assets of $50 million. GEB is an accredited BBB organization and has received a 54.57 rating, or three of four possible stars, at Charity Navigator, not meeting criteria for transparency related to the process of determining compensation of the CEO and not meeting criteria for audited financials.

GEB's biggest fundraiser is an annual golf tournament which has been hosted for the past six years by Eli Manning, quarterback for the New York Giants. The tournament was founded by former professional golfer and golf broadcaster Ken Venturi in 1977 and each year awards the Corcoran Cup, named after Fred Corcoran. GEB's founder, Don Kauth, had encouraged Richard “Dick” Ryan to start a golf tournament. Ryan, an attorney, was GEB's board chairman and represented Augusta National Golf Club. Ryan agreed, naming the tournament after his business partner, Corcoran. The golf tournament, sponsored by Entergy, Pepsi and others, has raised over $7 million for Guiding Eyes since its creation in 1977.

Since 2008, Guiding Eyes has operated an e-storefront with Lands End via that company's Business Outfitters division. Customers can order clothing embroidered with logos associated with the dog breeds bred and trained by Guiding Eyes in their work: yellow and black Labrador Retrievers, Golden Retrievers and German Shepherds. The artwork was produced by a company in Norwalk, Connecticut, TFI/Envision.

In 2010, Guiding Eyes initiated expansion of its canine development center from 16,000 square feet to 30,000sf in a three-phase $7.8 million construction project. The first phase included a whelping kennel and outdoor work area; the second phase, projected for 2013 will include a breeding and puppy socialization kennel; and the third phase will include a 1,500-square foot veterinary hospital.

Charity Watch rates Guiding Eyes for the Blind a "B" grade.

Read more about this topic:  Guiding Eyes For The Blind

Other articles related to "finances, finance":

Local Elections In Ukraine - Finances
... funds for implementation of joint projects, or to jointly finance (or maintain) communal enterprises, organizations and institutions ... The state finances the exercise of these powers in full from the state budget of Ukraine, or (by referring to the local budget, in the manner prescribed by law, certain ...
Sri Lanka Railways - Issues - Finances
... It faces the challenge of addressing high operational and infrastructure costs, dealing with a Victorian-era network ... The State has been the employer of first resort, which has caused the railway to be overstaffed ...
Superintendent Of Finances - History - Surintendant Des Finances
... The position "Surintendant des finances" was officially created in 1561 during the reign of Charles IX, although some royal financial advisors had performed analogous duties ... The position grew out of the positions of Intendants of Finances, officially created in 1552 by Henry II to oversee royal finances during the king's travels in Germany (he sought an alliance with Protestant Princes) ... At the time, three Intendants of Finances were named, and one of them would also participate in the Privy Counsel, thus the designation "superintendent" ...
The Channel Arc Manche Partnership - Timeline - Finances
... European structural funds are often requested in order to finance cooperation projects within the Channel area ...
Superintendent Of Finances - History - Before 1561
... Prior to the creation of the position "Surintendant des finances", France's royal financial administration had been run—from the time of Charles VII—by ... Together they were often referred to as "Messieurs des finances" ... In 1523, Francis I, in an effort to exert a more direct control over royal finances during his European wars and to circumvent the double-board (accused of poor oversight ...