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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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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 accounting Services 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
Thank You! • 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