Warby Parker Foundation

The Warby Parker Foundation is a nonprofit organization designated for charitable purposes, focusing on health and rehabilitative services. It is categorized under the NTEE classification for health support services.

Mission

The foundation advocates for broader access to vision services, educates communities about eye health, and provides eye care to support safe, happy, and productive lives.

Financial Overview

As of 2023, the foundation reported revenue of approximately $2.98 million, with the majority coming from contributions (90.1%). The organization had expenses totaling $1.3 million and total assets valued at $14.9 million.

Association with Warby Parker

The foundation is closely associated with Warby Parker Inc., a renowned eyewear brand known for its "Buy a Pair, Give a Pair" program. This initiative, through collaborations with nonprofits, has distributed over 15 million pairs of glasses to those in need worldwide.

Establishment and Recent Developments

The Warby Parker Impact Foundation was formally established in 2019, although Warby Parker's community work began in 2010. In recent years, additional grants have been committed to support the foundation's operations and programming.

Impact Strategy

The foundation aligns its goals with Warby Parker's core values of doing good, setting ambitious targets, and continuously learning. It tracks and reports on its impact, contributing to broader initiatives like the United Nations Sustainable Development Goals (SDGs).

[1] https://projects.propublica.org/nonprofits/organizations/842384402 [2] https://en.wikipedia.org/wiki/Warby_Parker [3] https://www.warbyparker.com/assets/img/impact-report/Impact-Report-2023-Executive-Summary.pdf [4] https://investors.warbyparker.com/overview/ [5] https://www.warbyparker.com/assets/img/impact-report/Impact-Report-2023.pdf