the pieces of the 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. - PowerPoint PPT PresentationTRANSCRIPT
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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 OFOPTIMIST 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 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
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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)
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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
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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 OFOPTIMIST INTERNATIONAL FOUNDATION:
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THANK YOU! For More Information:
Steve Skodak – Executive Director 4494 Lindell Blvd St. Louis, MO 63108(800) 500-8130 ext. 203(314) [email protected]