The Pieces of the Fo.. - Optimist International Foundation

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THE PIECES OF THE FOUNDATION
‘Helping Optimists Help Kids’
2012-2013 Optimist Year – Quarter Two
THE PIECES OF
OPTIMIST INTERNATIONAL FOUNDATION:
501(C)(3) Status
 Charitable Giving
 Pass Through Program
 Club Campaign
 Endowment
 Accountability
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SERVICES TO OI AND ITS CLUBS:
501(C)(3) STATUS & CHARITABLE GIVING
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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 accounting
Services at no charge to the
Club (PTP & CC)
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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
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THE PIECES OF
OPTIMIST INTERNATIONAL FOUNDATION:
THANK YOU!
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For More Information:
Steve Skodak – Executive Director
4494 Lindell Blvd
St. Louis, MO 63108
(800) 500-8130 ext. 203
(314) 881-1340
steve.skodak@oifoundation.org
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