the pieces of the foundation

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THE PIECES OF THE FOUNDATION ‘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 of Optimist International Foundation:. 501(C)(3) Status Charitable Giving Pass Through Program Club Campaign Endowment Accountability. - PowerPoint PPT Presentation

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Page 1: The Pieces of the Foundation

THE PIECES OF THE FOUNDATION

‘Helping Optimists Help Kids’2012-2013 Optimist Year – Quarter Two

Page 2: The Pieces of the Foundation

THE PIECES OFOPTIMIST INTERNATIONAL FOUNDATION: 501(C)(3) Status Charitable Giving Pass Through Program Club Campaign Endowment Accountability

Page 3: The Pieces of the Foundation

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

Page 4: The Pieces of the Foundation

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)

Page 5: The Pieces of the Foundation

SERVICES TO OI AND ITS CLUBS:ENDOWMENTSEndowed 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

Page 6: The Pieces of the Foundation

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

Page 7: The Pieces of the Foundation

THE PIECES OFOPTIMIST INTERNATIONAL FOUNDATION:

Page 8: The Pieces of the 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]