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
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Optimist International Foundation has achieved an impressive Four-Star rating from Charity Navigator, reflecting a perfect score in Accountability and Finance. This rating showcases the foundation's commitment to transparency and effective financial management, with a fully independent board and robust oversight mechanisms in place. The organization maintains high program expense ratios, indicating that a significant portion of donations is directed towards its programs rather than administrative costs.
User feedback highlights the positive impact of the foundation's work in supporting Optimist International's mission, which focuses on enhancing the well-being of children. A volunteer noted the competence of the Executive Director in increasing donations and lowering fundraising costs, pointing to effective leadership and operational efficiency. Such strengths suggest that the foundation is not only financially sound but also dedicated to its community service goals.
While the feedback is overwhelmingly positive, the data does not provide insights into specific challenges or areas for improvement. Nonetheless, the high ratings and user testimonials underscore a strong reputation for the Optimist International Foundation in fulfilling its mission and managing its resources effectively.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Optimist International Foundation?
With four reviews on Facebook, the sentiment surrounding Optimist International Foundation is quite positive. One user expressed their enthusiasm for the foundation, highlighting the hard work being done to support youth and communities globally. They encouraged others to join the cause, emphasizing a collaborative spirit and a mission focused on uplifting both youth and adults.
The message conveyed reflects a strong commitment to community service and making a meaningful impact. The reviewer's encouragement to participate suggests that there is a sense of camaraderie and shared purpose within the organization. Overall, the foundation appears to inspire dedication among its supporters, leading to a promising outlook for its initiatives.
This AI summary has been generated from reviews found on Facebook.
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.
Heare 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?
There 1397 volunteers at Optimist International Foundation.
Here are 6 key members and their salaries:
- Compensation: $111,160
- Related: $0
- Other: $3,657
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.oifoundation.org
Where can I find the form 990 for Optimist International Foundation?
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.
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Impact
October, 2024
The Optimist International Foundation significantly impacts communities through a range of charitable, literary, and educational initiatives. It provides grants to organizations that help cover publication costs for magazines and articles, ensuring that vital information reaches a wide audience.
Additionally, the foundation offers seminars and training designed to empower members of various exempt organizations, fostering personal and professional growth within these communities. Its grant writing program equips organizations with essential skills to secure funding, enhancing their ability to serve the public effectively.
Through international initiatives and matching grants, the foundation extends its reach globally, encouraging acts of kindness and community service that align with the mission of Optimist International. Established in 1971, the foundation serves as a custodian and investment manager for funds, ensuring that resources are effectively utilized to further the efforts of Optimist International, ultimately creating lasting positive change across various regions.
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.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $769,145
- Gross Receipts: $2,205,847
Assets and Liabilities:
- Total Assets: $11,587,997
- Total Liabilities: $6,240,549
- Net Assets: $5,347,448
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Organization Details
Founding Year
1971
Phone
(314) 371-6000Principal Officer
Craig Boring
Main Address
4494 LINDELL BOULEVARD, ST LOUIS, MO, 63108
Website
www.oifoundation.orgNTEE Category
Code: T30 - Philanthropy
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