The Brien Holden Vision Institute (BHVI) has signed an agreement with global fundraising initiative Optometry Giving Sight USA (OGS) that will see it continue as the charity’s major project implementation partner.
Under the terms of the multi-year deal, OGS will transfer at least 60% of annual funds and sponsor dollars raised to the BHVI Foundation, BHVI’s public health division, to implement vision care projects around the world.
Using past donations as a guide, the agreement should see in excess of $1 million a year directed to the BHVI Foundation’s projects.
Additionally, contact lens manufacturer CooperVision has also renewed its platinum sponsorship of the global OGS organisation.
“OGS recognises the BHVI Foundation as its major implementing partner, and that OGS will commit a percentage of funds raised to BHVIF for program implementation,” BHVI CEO Ms Yvette Waddell told Insight.
“In return, BHVI Foundation will provide transparent project proposals and reports quantifying the expectations and results of the projects and programs.”
Since 2017, OGS has helped more than four million people in 32 countries by funding basic eye care services. The organisation has also financed training for more than 2,614 eyecare personnel and supported more than 1,100 eyecare centres and optical laboratories.
Waddell said her organisation has been working with OGS since its inception to deliver eyecare services across the globe.
“As world leaders in the optometry field, we have developed the technology and the skills to alleviate and treat vision impairment and we have a social responsibility to share our knowledge with those less fortunate,” she said.
“We take great pride in our relationship with OGS and the wonderful work they do and are delighted that CooperVision will be continuing their platinum sponsorship.”
The deal follows a turbulent year for the BHVI Foundation, which has undergone significant change since maladministration concerns emerged in February. This led to a raft of cost-cutting measures, as well as a merger with OGS’s Australian entity, to rescue the foundation from insolvency.
The organisation has since undergone a restructure and guaranteed its operation for the foreseeable future.