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Optimist International Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237102928 ✦ St louis, MO ✦ Designated as a 501(c)(3)

Overview

What is Optimist International Foundation?

Optimist International Foundation, established in 1971, is a charitable organization based in St. Louis, Missouri. Its primary purpose is to support and further the initiatives of Optimist International through various means. This includes providing grants to exempt organizations to cover publication costs for magazines and articles, organizing seminars and training sessions for members of other nonprofits, and offering a grant writing program. The foundation also engages in international initiatives and offers matching grants. Additionally, it serves as a custodian and investment manager for various funds donated to or accumulated by Optimist International clubs. The foundation's mission is to utilize donations and bequests for the charitable and educational efforts and activities of Optimist International.


Official website here: www.oifoundation.org

Is Optimist International Foundation legitimate?

Optimist International Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Optimist International Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $148,505
Professional Fundraising Fees: $0
Other Salaries and Wages: $130,213

For more financial information, click here


Official website here: www.oifoundation.org

What is the mission statement of Optimist International Foundation?

The Optimist International Foundation, established in 1971, serves as a charitable organization with the primary purpose of collecting and managing funds for the betterment of Optimist International's charitable and educational endeavors. The foundation acts as a custodian for various funds donated to or accumulated by Optimist International clubs. Its mission is to support the activities and programs of Optimist International, contributing to its overall objectives.


Official website here: www.oifoundation.org

Who is the CEO of Optimist International Foundation?

Craig Boring is the Secretary/ Executive Director of Optimist International Foundation.


Official website here: www.oifoundation.org

What is the revenue of Optimist International Foundation?

Optimist International Foundation's revenue in 2022 was $2,205,847.


Official website here: www.oifoundation.org

Who are the executives of Optimist International Foundation and what are their salaries?

Here are 6 key members and their salaries:

    Craig Boring (Secretary/ Executive Director)
  • Compensation: $111,160
  • Related: $0
  • Other: $3,657

    • Marc Katz (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debra Merritt (President-Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Teri Davis (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Deremer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Kondrasuk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.oifoundation.org

    Where can I find the form 990 for Optimist International Foundation?

    The Optimist International Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.oifoundation.org

    Learn more at the official website: www.oifoundation.org

    Mission Statement of Optimist International Foundation

    The Optimist International Foundation, established in February 1971, serves as a charitable corporation with the primary objective of supporting and furthering the charitable and educational initiatives and activities of Optimist International. This foundation collects and manages donations and bequests of money and property, acting as a custodian and investment manager for various funds donated to or accumulated by Optimist International clubs. The Optimist International Foundation plays a crucial role in backing the programs of Optimist International, contributing to its mission of positively impacting communities worldwide.

    Impact

    This information is meant to be a general summary of Optimist International Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Optimist International Foundation's impact can be seen through its support of charitable, literary, and educational programs aimed at furthering the efforts of Optimist International. This includes providing grants to exempt organizations to assist with publication costs for magazines and articles, as well as offering seminars and training for members of other exempt organizations. Additionally, the foundation's grant writing program, international initiatives, and matching grants contribute to its mission of supporting Optimist International programs. Through its work, Optimist International Foundation plays a vital role in promoting philanthropy and enhancing educational opportunities for individuals and communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $769,145
  • Program Service Revenue: $0
  • Gross Receipts: $2,205,847

    • Assets and Liabilities:
  • Total Assets: $11,587,997
  • Total Liabilities: $6,240,549
  • Net Assets: $5,347,448
  • Organization Details

    Founding Year

    1971

    Principal Officer

    Craig Boring

    Main Address

    4494 LINDELL BOULEVARD, ST LOUIS, MO, 63108

    NTEE Category

    Code: T30 - Philanthropy

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