2024-04-05T13:42:42-05:00 2023-09-30 430765316 RUBINBROWN LLP 7676 FORSYTH BLVD SUITE 2100 SAINT LOUIS MO 63105 990 2022-10-01 237102928 OPTIMIST INTERNATIONAL FOUNDATION OPTI 3143716000 4494 LINDELL BOULEVARD ST LOUIS MO 63108 CRAIG BORING SECRETARY/EXECUTIVE DIRECTOR 3143716000 2024-04-02 1 CRAIG BORING 999009999 1 KIMBERLY A RYAN P00829977 3142903300 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z CRAIG BORING 4494 LINDELL BOULEVARD ST LOUIS MO 63108 1778246 0 X WWW.OIFOUNDATION.ORG X 1971 MO TO FURTHER THE EFFORTS OF OPTIMIST INTERNATIONAL. 5 5 0 1258 0 0 1435143 1329577 0 0 769145 447101 1559 1568 2205847 1778246 1013918 1090881 0 0 308932 300796 0 0 78931 215719 252738 1538569 1644415 667278 133831 11587997 11982405 6240549 5316313 5347448 6666092 X THE OPTIMIST INTERNATIONAL FOUNDATION, INCORPORATED IN FEBRUARY 1971, IS A FOUNDATION AND CHARITABLE CORPORATION ESTABLISHED FOR THE GENERAL PURPOSE OF SOLICITING AND RECEIVING GIFTS, DONATIONS AND BEQUESTS OF MONEY AND PROPERTY TO BE USED FOR THE FURTHERANCE OF THE CHARITABLE AND EDUCATIONAL EFFORTS AND ACTIVITIES OF OPTIMIST INTERNATIONAL. THE FOUNDATION ALSO ACTS AS A CUSTODIAN AND INVESTMENT MANAGER FOR VARIOUS FUNDS THAT HAVE BEEN DONATED TO OR ACCUMULATED BY OPTIMIST INTERNATIONAL CLUBS. THE FOUNDATION SUPPORTS OPTIMIST INTERNATIONAL PROGRAMS. 0 0 540371 289660 CHARITABLE, LITERARY, AND EDUCATIONAL PROGRAMS, WHICH INCLUDE GRANTS TO EXEMPT ORGANIZATIONS TO ASSIST WITH PUBLICATION COSTS FOR MAGAZINES AND ARTICLES (WHICH ARE DISTRIBUTED TO THE ORGANIZATION'S CONSTITUENTS), SEMINARS AND TRAINING FOR MEMBERS OF OTHER EXEMPT ORGANIZATIONS, GRANT WRITING PROGRAM, INTERNATIONAL INITIATIVES AND MATCHING GRANTS. 244000 244000 ORATORICAL CONTEST SCHOLARSHIPS: AN ANNUAL SPEECH COMPETITION WITH OVER 10,186 ENTRANTS. SCHOLARSHIPS ARE AWARDED IN DISTRICT LEVEL CONTESTS IN THE UNITED STATES. TOTAL EXPENSES FOR THE YEAR ENDED SEPTEMBER 30, 2023 AMOUNTED TO $244,000, ALL OF WHICH WERE SCHOLARSHIPS. 282421 282421 CLUB GRANT PROGRAMS: GRANTS FOR MEMBER CLUBS UTILIZED FOR CHARITABLE, LITERARY AND EDUCATIONAL PROGRAMS AT THE DIRECTION OF THE FOUNDATION IN CONJUNCTION WITH SUPPORT FROM THE MEMBER CLUBS. 274800 274800 YOUTH CLUB PROGRAMS: SCHOLARSHIPS TO SUPPORT YOUTH CLUB PROGRAMS AND ACTIVITIES. TOTAL EXPENSES FOR THE YEAR ENDED SEPTEMBER 30, 2023, AMOUNTED TO $135,000, ALL OF WHICH WERE SCHOLARSHIPS MADE TO INDIVIDUALS LIVING INSIDE THE UNITED STATES.ESSAY CONTEST SCHOLARSHIPS PROGRAM: AN ANNUAL COMPETITION FOR HIGH SCHOOL STUDENTS WITH APPROXIMATELY 3,893 ENTRANTS. SCHOLARSHIPS ARE AWARDED TO INDIVIDUALS LIVING IN THE UNITED STATES. TOTAL EXPENSES FOR THE YEAR ENDED SEPTEMBER 30, 2023, AMOUNTED TO $97,500, ALL OF WHICH WERE SCHOLARSHIPS.COMMUNICATIONS CONTEST FOR THE DEAF AND HARD OF HEARING SCHOLARSHIPS PROGRAM (CCDHH): A PROGRAM THAT AWARDS SCHOLARSHIPS TO DISTRICT WINNERS. SCHOLARSHIPS ARE AWARDED TO EACH INDIVIDUAL WINNER AND ARE PAYABLE UPON RECEIPT OF THE CORRECT PAPERWORK FROM AN INSTITUTION OF HIGHER LEARNING. TOTAL EXPENSES FOR THE YEAR ENDED SEPTEMBER 30, 2023, AMOUNTED TO $42,500, ALL OF WHICH WERE SCHOLARSHIPS MADE TO INDIVIDUALS. 274800 274800 1341592 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 X 4 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 X MICHELLE BLACKBURN 3143716000 4494 LINDELL BOULEVARD ST LOUIS MO 63108 DEBRA MERRITT PRESIDENT 5.00 X X 0 0 0 TERI DAVIS PRESIDENT-ELECT 5.00 X X 0 0 0 BEN DEREMER TREASURER 5.00 X X 0 0 0 JIM KONDRASUK DIRECTOR 5.00 X 0 0 0 FATIMA PLATER DIRECTOR 5.00 X 0 0 0 CRAIG BORING SECRETARY/ EXECUTIVE DIRECTOR 40.00 X 115246 0 3633 115246 0 3633 1 0 0 0 0 1329577 1329577 447101 447101 1568 1568 1568 1778246 1568 0 447101 706881 706881 369000 369000 15000 15000 151894 92655 34936 24303 118718 74815 25507 18396 9632 5972 2143 1517 2555 1891 338 326 17997 11158 4004 2835 77750 77750 31744 23645 8099 21813 13525 4853 3435 43637 24319 19318 772 478 172 122 VOLUNTEER ACTIVITIES 46546 23273 23273 DONOR AWARDS 18920 18920 DUES AND SUBSCRIPTIONS 1674 1674 COLLECTORS' PLATES 103 103 9779 2625 6279 875 1644415 1341592 223892 78931 410516 602332 202392 634994 111631 120374 315567 273424 24864 24864 7144 9122 187351 157814 29165 29537 10201968 10022477 284750 265281 11587997 11982405 862944 934285 1393464 1374041 3984141 3007987 6240549 5316313 X 830356 1552849 4517092 5113243 5347448 6666092 11587997 11982405 X 133831 1145844 38969 X 0 1 X 1 0 X 1134029 1163957 1052456 1435143 1329577 6115162 1134029 1163957 1052456 1435143 1329577 6115162 458370 5656792 178996 501168 448117 769145 447101 2344527 2127 9517 71369 1559 1568 86140 8545829 0.66190 0.67230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3947414 48594 630408 45194 4581222 4934294 29054 -887169 128765 3947414 4176474 44058 814037 100275 4934294 3634323 25319 568686 51854 4176474 3677387 72027 76352 191443 3634323 0.09560 0.90440 1 0 10993 10993 0 149608 146821 2787 26750 26750 29537 DUE TO MEMBER CLUBS 2522642 GIFT ANNUITIES PAYABLE 143930 DUE TO OPTIMIST INTERNATIONAL 193633 ECONOMIC INJURY DISASTER LOAN 147782 3007987 2963059 1145844 44768 -5799 1184813 1778246 0 1778246 1644415 0 1644415 0 1644415 PART V, LINE 4: THE FOUNDATION'S ENDOWMENTS CONSIST OF APPROXIMATELY 60 DONOR-RESTRICTED ENDOWMENTS ESTABLISHED FOR A VARIETY OF PURPOSES AND BOARD-DESIGNATED ENDOWMENTS. AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP), NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES AND SPLIT INTEREST AGREEMENTS -3,135. CHANGE IN CASH VALUE OF LIFE INSURANCE POLICIES -2,664. 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 10000 SOUTH ASIA 0 0 GRANTS TO RECIPIENTS LOCATED IN THE REGION 5000 0 0 0 0 0 0 15000 0 15000 SCHOLARSHIP CENTRAL AMERICA AND THE CARIBBEAN - ANTIGUA & BARBUDA, ARUBA, BAHAMAS, 5 10000 CASH PAYMENT SCHOLARSHIP SOUTH ASIA 2 5000 CASH PAYMENT 0 0 0 0 0 0 PART I, LINE 2: THE FOUNDATION MONITORS THE CLUB GRANT PROGRAM ON A PERIODIC BASIS. A FINAL PROJECT COMPLETION FORM HAS BEEN DEVELOPED BY THE FOUNDATION AND IS PROVIDED TO EACH CLUB. THE FORM REQUIRES THE CLUBS TO DOCUMENT THE TOTAL AMOUNTS OF AND UTILIZATION OF HOW THE GRANT FUNDS WERE SPENT. THE COMPLETION FORMS ARE REVIEWED BY THE FOUNDATION STAFF ON A MONTHLY BASIS, TO ENSURE THAT FUNDS WERE UTILIZED FOR THE VARIOUS CHARITABLE, LITERARY AND EDUCATIONAL PURPOSES AS DEFINED BY THE CLUB GRANT PROGRAM. FOR CLUBS THAT ARE DELINQUENT IN TURNING IN THE COMPLETION FORMS, THE FOUNDATION WILL NOT AWARD ADDITIONAL GRANTS UNTIL ALL PAST DUE COMPLETION FORMS HAVE BEEN RECEIVED FROM THE CLUB. FOR GRANTS MADE TO OPTIMIST INTERNATIONAL, THE FOUNDATION MONITORS THE UTILIZATION OF THE GRANT FUNDS VIA A JOINT MEETING OF THE FOUNDATION'S BOARD OF DIRECTORS AND THE OPTIMIST INTERNATIONAL BOARD OF DIRECTORS ON AN ANNUAL BASIS. AT THE JOINT BOARD MEETING, OPTIMIST INTERNATIONAL PROVIDES A HIGH LEVEL SUMMARY OF THE PROGRAM ACTIVITIES THAT IT HAS CONDUCTED FOR THE CURRENT YEAR, AS WELL AS THE PLANNED ACTIVITIES FOR FUTURE PERIODS. SCHOLARSHIPS ARE AWARDED TO ELIGIBLE INDIVIDUALS IN THE UNITED STATES ON AN ANNUAL BASIS. THE SCHOLARSHIPS ARE AWARDED BASED ON CRITERIA ESTABLISHED BY OPTIMIST INTERNATIONAL. INDIVIDUALS SUBMIT AN APPLICATION FOR A SCHOLARSHIP, AND THE AWARDS ARE MADE ON AN ANNUAL BASIS BY THE MEMBERS OF THE OPTIMIST INTERNATIONAL DISTRICT REPRESENTATIVES ON BEHALF OF THE FOUNDATION. THE SCHOLARSHIPS AWARDED TO INDIVIDUALS ARE ONLY PAID WHEN THE INDIVIDUAL PROVIDES CERTIFICATION OF ADMISSION TO AN EDUCATIONAL INSTITUTION. THE FOUNDATION MAKES THE PAYMENT ON BEHALF OF THE STUDENT DIRECTLY TO THE EDUCATIONAL INSTITUTION. PART III ACCOUNTING METHOD: 1 OPTIMIST CLUB OF DANVILLE VA 332 MAJOR COURT DANVILLE VA 24540 546074624 501(C)4 12000 0 ORATORICAL CONTEST OPTIMIST CLUB OF DENVER- MONACO SOUTH CO 3983 SOUTH OLIVE STREET DENVER CO 80237 510200090 501(C)4 7135 0 JR. GOLF OPTIMIST CLUB OF FESTUS-CRYSTAL CITY (TCA) MO PO BOX 475 FESTUS MO 63028 431477122 501(C)4 12050 0 ORATORICAL & ESSAY CONTEST; JOI CLUB OPTIMIST CLUB OF MIAMI BEACH NORTH SHORE FL 5121 NORTH 36TH COURT HOLLYWOOD FL 33021 596153223 501(C)4 65000 0 FOOTBALL PROGRAM INTERCITY OPTIMIST CLUB OF TERRE HAUTE IN 519 WABASH AVENUE TERRE HAUTE IN 47807 356043734 501(C)4 5530 0 CLOTHE-A-CHILD; JR. GOLF OPTIMIST CLUB OF WINTER HAVEN FL 4307 SHADOW WOOD LANE SW WINTER HAVEN FL 33880 596206910 501(C)4 12000 0 SANTA'S RUN FOR OUR KIDS OPTIMIST CLUB OF FREDERICKSBURG TX 694 BRUCE ROAD FREDERICKSBURG TX 78624 742275436 501(C)4 18436 0 SCHOLARSHIP/YOUTH PROGRAMS OPTIMIST CLUB OF OLATHE KS 14767 SOUTH ALDEN OLATHE KS 66062 486118699 501(C)4 12500 0 SCHOLARSHIP/YOUTH PROGRAMS OPTIMIST CLUB OF SPRINGFIELD-WESTSIDE MO 7509 EAST TARA LANE ROGERSVILLE MO 65742 237010159 501(C)4 12000 0 YOUTH PROGRAMS OPTIMIST CLUB OF WOODSTOCK-MIDDAY GA PO BOX 432 WOODSTOCK GA 30188 582173868 501(C)4 7000 0 YOUTH PROGRAMS OPTIMIST CLUB OF YUMA- SUNRISE AZ PO BOX 651 YUMA AZ 85364 866054488 501(C)4 5250 0 YOUTH PROGRAMS OPTIMIST CLUB OF ZIONSVILLE IN PO BOX 157 ZIONSVILLE IN 46077 311030206 501(C)4 8750 0 3RD GRADE HISTORY PROGRAM, BIKE EQUIPMENT PLATTE COUNTY OPTIMIST CLUB OF MISSOURI 2651 NW BARRY ROAD UNIT 101 KANSAS CITY MO 64154 431689469 501(C)4 8000 0 FREED NORTHLAND KIDS, YOUTH PROJECT, JR. GOLF, SPECIAL OLYMPICS 0 13 CCDHH SCHOLARSHIPS 17 42500 ESSAY CONTEST SCHOLARSHIPS 39 97500 ORATORICAL SCHOLARSHIPS 116 194000 PART I, LINE 2: THE FOUNDATION MONITORS THE CLUB GRANT PROGRAM ON A PERIODIC BASIS. A FINAL PROJECT COMPLETION FORM HAS BEEN DEVELOPED BY THE FOUNDATION AND IS PROVIDED TO EACH CLUB. THE FORM REQUIRES THE CLUBS TO DOCUMENT THE TOTAL AMOUNTS OF AND UTILIZATION OF HOW THE GRANT FUNDS WERE SPENT. THE COMPLETION FORMS ARE REVIEWED BY THE FOUNDATION STAFF ON A MONTHLY BASIS, TO ENSURE THAT FUNDS WERE UTILIZED FOR THE VARIOUS CHARITABLE, LITERARY AND EDUCATIONAL PURPOSES AS DEFINED BY THE CLUB GRANT PROGRAM. FOR CLUBS THAT ARE DELINQUENT IN TURNING IN THE COMPLETION FORMS, THE FOUNDATION WILL NOT AWARD ADDITIONAL GRANTS UNTIL ALL PAST DUE COMPLETION FORMS HAVE BEEN RECEIVED FROM THE CLUB. FOR GRANTS MADE TO OPTIMIST INTERNATIONAL, THE FOUNDATION MONITORS THE UTILIZATION OF THE GRANT FUNDS VIA A JOINT MEETING OF THE FOUNDATION'S BOARD OF DIRECTORS AND THE OPTIMIST INTERNATIONAL BOARD OF DIRECTORS ON AN ANNUAL BASIS. AT THE JOINT BOARD MEETING, OPTIMIST INTERNATIONAL PROVIDES A HIGH LEVEL SUMMARY OF THE PROGRAM ACTIVITIES THAT IT HAS CONDUCTED FOR THE CURRENT YEAR, AS WELL AS THE PLANNED ACTIVITIES FOR FUTURE PERIODS. SCHOLARSHIPS ARE AWARDED TO ELIGIBLE INDIVIDUALS IN THE UNITED STATES ON AN ANNUAL BASIS. THE SCHOLARSHIPS ARE AWARDED BASED ON CRITERIA ESTABLISHED BY OPTIMIST INTERNATIONAL. INDIVIDUALS SUBMIT AN APPLICATION FOR A SCHOLARSHIP, AND THE AWARDS ARE MADE ON AN ANNUAL BASIS BY THE MEMBERS OF THE OPTIMIST INTERNATIONAL DISTRICT REPRESENTATIVES ON BEHALF OF THE FOUNDATION. THE SCHOLARSHIPS AWARDED TO INDIVIDUALS ARE ONLY PAID WHEN THE INDIVIDUAL PROVIDES CERTIFICATION OF ADMISSION TO AN EDUCATIONAL INSTITUTION. THE FOUNDATION MAKES THE PAYMENT ON BEHALF OF THE STUDENT DIRECTLY TO THE EDUCATIONAL INSTITUTION. FORM 990, PART V, LINE 2A OPTIMIST INTERNATIONAL FOUNDATION (OIF) HAS 6 EMPLOYEES. AN UNRELATED ORGANIZATION REPORTS 100% OF THE SALARIES ON ITS W-2'S. OPTIMIST INTERNATIONAL FOUNDATION REIMBURSES THE THIRD PARTY FOR ITS SHARE OF THE SALARIES AND WAGES, OTHER EMPLOYEE BENEFITS AND PAYROLL TAXES. THEREFORE, OPTIMIST INTERNATIONAL FOUNDATION HAS REPORTED THE SALARIES AND WAGES, OTHER EMPLOYEE BENEFITS AND PAYROLL TAXES IT PAYS TO THE THIRD PARTY ON THE STATEMENT OF FUNCTIONAL EXPENSES, BUT HAS NO W-2'S TO REPORT. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT CURRENTLY HAVE ANY FORMAL COMMITTEES OF THE BOARD OF DIRECTORS THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY MANAGEMENT AND PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL AT A REGULARLY SCHEDULED MONTHLY BOARD MEETING. AFTER REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS, THE FORM 990 IS FILED WITH THE IRS BY MANAGEMENT. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ANNUALLY REVIEW A LIST OF VENDORS AND SUPPLIERS TO DETERMINE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS APPROVED THE SALARY OF THE FOUNDATION'S CURRENT EXECUTIVE DIRECTOR BASED ON COMPARISONS FOR SIMILAR POSITIONS IN SIMILAR NOT-FOR-PROFIT ORGANIZATIONS. THE COMPARATIVE INFORMATION WAS ACCUMULATED BY THE FOUNDATION DURING THE SEARCH FOR A NEW EXECUTIVE DIRECTOR IN A PRIOR YEAR. ON AN ANNUAL BASIS, THE BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S PERFORMANCE TO DETERMINE IF A CHANGE IN COMPENSATION IS WARRANTED. THE FOUNDATION DOES NOT HAVE ANY KEY EMPLOYEES OR HIGHLY COMPENSATED EMPLOYEES OTHER THAN THE EXECUTIVE DIRECTOR. FORM 990, PART VI, SECTION C, LINE 19 THE VARIOUS DOCUMENTS ARE AVAILABLE UPON WRITTEN REQUEST ADDRESSED TO THE FOUNDATION'S OFFICE. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF CHARITABLE GIFT ANNUITIES AND SPLIT INTEREST AGREEMENTS -3,135. SCHOLARSHIPS AWARDED IN PRIOR YEARS AND EXPIRED IN THE CURRENT YEAR 44,768. CHANGE IN CASH VALUE OF LIFE INSURANCE POLICIES -2,664.