Connect with us

Headlines

Optometry College Receives Record Gift

The Mark W. Franks and Mary Franks Scholarship and Loan Fund is valued at $1.5 million.

mm

Published

on

The Southern College of Optometry has received a $1.5 million gift, the largest in its history.

An agreement between the Optometry Association of Louisiana and SCO resulted in the transfer of a trust to SCO, according to a press release from the college. The gift was made possible by the estate of the late Dr. Mark W. Franks, a 1955 SCO graduate and longtime Louisiana optometrist.

Podcast: Why Optical (and Especially Optical Retail) Is Lagging Behind Other Industries
INVISION Podcast

Podcast: Why Optical (and Especially Optical Retail) Is Lagging Behind Other Industries

Podcast: What the Heck is Marketing? And What Should ECPs Focus on to Attract New Clients?
INVISION Podcast

Podcast: What the Heck is Marketing? And What Should ECPs Focus on to Attract New Clients?

Podcast: More Ways to Motivate Your Own Eyecare Business Team
INVISION Podcast

Podcast: More Ways to Motivate Your Own Eyecare Business Team

“Southern College of Optometry is grateful to the Optometry Association of Louisiana and the memory of Dr. Franks and his wife in establishing this fund,” said Dr. Lewis Reich, SCO president. “Dr. Franks was a self-made man who came to Memphis for his optometric education back in the early 1950s. The education he received at SCO enabled him to practice optometry in Winnsboro, Louisiana until his death in 1989, so the collaboration on this gift is a fitting tribute to the memory of a remarkable SCO graduate.”

Following his death in 1989, Franks and his wife, Mary, bequeathed about $500,000 to the Optometry Association of Louisiana to establish a low interest loan trust for Louisiana optometry students who attended SCO. After several years of legal and financial transactions to establish the trust, it came to fruition in 2000, at which time the college agreed to help administer the loan program with oversight from the Optometry Association of Louisiana.

To expand upon the impact envisioned by Franks more than 30 years ago, this year an agreement was reached to donate the existing trust fund and its control to SCO to form the Mark W. Franks and Mary Franks Scholarship and Loan Fund. The fund’s total current value is about $1.5 million, making it the largest bequeathment gift in the college’s 87-year history.

CO Board of Trustees Chair Dr. James Sandefur, a 1965 SCO graduate, also serves as the OAL’s executive director and joined Reich in making the announcement at the college’s reception for alumni and friends during SECO International’s New Orleans convention for 6,000 optometric professionals from around the world.

Advertisement

“Louisiana is one of the nation’s most forward-thinking states when it comes to the practice of optometry and the scope of our profession, so this gift underscores our state’s commitment to recruiting the best and brightest optometry students to join our profession and follow in the tradition of Dr. Mark Franks,” Sandefur said.

“As Board Chair of SCO and as Executive Director of the OAL, I know first-hand that Dr. Franks loved optometry, Louisiana, and knew how important it was to give back to his profession so future optometric physicians could follow in his footsteps.”

The New Orleans announcement paid tribute to Franks, who was born March 17, 1922, in Owasso, OK. After working in construction, he served his country in World War II and pursued an engineering degree before switching to optometry. He worked his way through SCO by serving as a draftsman on a Memphis railroad yard. Memories of Franks were also provided by his practice’s longtime partner, Dr. W.E. Marionneaux, a 1969 SCO graduate.

Since launching in 2014, INVISION has won 23 international journalism awards for its publication and website. Contact INVISION's editors at editor@invisionmag.com.

Advertisement

SPONSORED VIDEO

SPONSORED BY REICHERT

When You’re Passionate About Eye Care, the Right Technology Matters

Lisa Genovese, O.D., strives to give her patients the very best. At Insight Eye Care’s multiple locations, Dr. Genovese provides optimal care for her patients using the Reichert® Phoroptor® VRx Digital Refraction System. In this second Practice Profile Video from Reichert’s “Passionate About Eye Care” series, take a closer look and see how this eye care professional achieved a better work-life balance with equipment that’s designed and engineered in the U.S.A.

Promoted Headlines

Headlines

10-Location Eyecare Group Is First to Join Medical Optometry America

The group has 29 optometrists.

mm

Published

on

BLUE BELL, PA, and ASHBURN, VA — Medical Optometry America has signed an agreement with Associates in Eyecare – Optometrists, which will become first group of independent optometric practices to adopt the Medical Optometry America.

Associates in Eyecare – Optometrists has 29 optometrist working in the Northern Virginia and Washington, DC, areas.

“Many of us have known for some time that medical eye care is the future of our profession” said Robert Allen, OD, who serves as CEO of AIE, “and the state-of-the-art MOA System will allow our practices, and thousands more around the country, to accelerate this necessary advancement.”

Ken Krieg, CEO of Medical Optometry America, said, “MOA will provide independent optometrists the ability to participate in building a brand and practice management system that stands for exceptional medical eye care and inspires consumer confidence and demand for those services. In addition, optometry practices that choose to remain independent will now have viable marketing muscle to stay competitive in a fast-changing market.”

The foundation of the Medical Optometry System “is the creation of an education platform that facilitates the adoption of best practice protocols,” according to a press release.

Allen added, “We’re excited to be the flagship practice for MOA. No doubt the total MOA System will position us for the future and enable us to lead the transformation of our profession.”

Continue Reading

Headlines

Vision Care Company to Add 8 Centers Across US

The practices are in California, Florida, Michigan and Texas.

mm

Published

on

Treehouse Eyes, a company specializing in myopia care for children, has added 8 location in four states.

The practices are in California, Florida, Michigan and Texas, Healio.com reports.

The company’s original two locations are located in the Washington, DC-area communities of Bethesda and Tysons Corner, according to its website.

Healio.com quoted Gary Gerber, OD, co-founder of the company, saying, “By partnering with carefully vetted practices that meet certain predetermined requirements, we will rapidly accelerate myopia management within those practices and will continue our growth across the country and are currently lining up partners outside the U.S.”

Gerber said 20 more practices will be added to the U.S. network in 2020.

Read more at the Healio.com

Continue Reading

Headlines

Sports Eyewear Brand Acquired

Its products include sunglasses, goggles, helmets and prescription eyewear.

mm

Published

on

BOSTON, MA — Bollé Brands announced that it has acquired the Spy Optic brand, a move that “signals a strong commitment to playing a leading role in the premium performance sports and sports lifestyle eyewear and helmets markets.”

Financial terms of the deal were not disclosed.

Founded in 1994 and based in Southern California, Spy Optic designs, markets and distributes premium sunglasses, goggles, helmets and prescription eyewear. Spy Optic joins Bollé’s brand portfolio of Bollé, Bollé Safety, Serengeti, Cébé and H2Optix.

“We are excited to have acquired such an amazing brand. SPY Optic has its own unique and irreverent identity with huge growth potential in North America, its home market, and internationally where SPY Optic will leverage our Bollé Brands international distribution network,” said Peter Smith, CEO of Bollé Brands. “Our dedicated approach, support, and investment will drive exciting new developments in product innovation and design which will form the basis of considerable global growth. This new acquisition establishes Bollé Brands as one of the key players in the premium performance sport and lifestyle eyewear and helmets markets.”

Bollé was acquired by A&M Capital Europe in August 2018.

 

Continue Reading

Advertisement

Advertisement

Subscribe


BULLETINS

Get the most important news and business ideas for eyecare professionals every weekday from INVISION.

Advertisement

Most Popular