t he p ieces of the f oundation helping optimists help kids 2012-2013 optimist year – quarter two
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THE PIECES OF THE FOUNDATION
‘Helping Optimists Help Kids’
2012-2013 Optimist Year – Quarter Two
THE PIECES OFOPTIMIST INTERNATIONAL FOUNDATION:
501(C)(3) Status Charitable Giving Pass Through Program Club Campaign Endowment Accountability
SERVICES TO OI AND ITS CLUBS:501(C)(3) STATUS & CHARITABLE GIVING
Incorporated as a 501(C)(3) organization with IRS and each State
Submit to independent audit
Maintain BBB Wise Giving Alliance Member status
Save local Club the cost of maintaining a separate 501(C)(3) corporation
SERVICES TO OI AND ITS CLUBS:PASS THROUGH PROGRAM & CLUB CAMPAIGN
Provide Club option to donor to deduct charitable donation to Club’s mission critical work (PTP)
Maintain paper trail for IRS on donations, provide donors tax receipts (PTP & CC)
Provide interest baring savings account for longer-term projects (CC)
Provide banking and accountingServices at no charge to the Club (PTP & CC)
SERVICES TO OI AND ITS CLUBS:ENDOWMENTS
Endowed donor investment revenue assists funding O.I. programs and Club projects Optimist Magazine O.I. Youth Programs O.I. Development Programs Oratorical Contest Scholarships Essay Contest Scholarships CCDHH Scholarships Club Grants
SERVICES TO OI AND ITS CLUBS:ACCOUNTABILITY
IRS 990, annual independent audit
Board of Directors, elected by donors and having fiduciary responsibility to donors
Professional Staff Fundraising consultation to
Clubs
THE PIECES OFOPTIMIST INTERNATIONAL FOUNDATION:
THANK YOU!
For More Information:Steve Skodak – Executive Director 4494 Lindell Blvd St. Louis, MO 63108(800) 500-8130 ext. 203(314) [email protected]