Optimist International Foundation meets the 20 Standards for Charity Accountability.
Optimist International Foundation (OIF) reports that it supports the programs and services of the Optimist International organization through grants and administrative support. Specifically, OIF works to fund youth and service programs and provides three scholarship contests for students to earn money to pursue opportunities in higher education. The organization states that the programs funded by OIF serve 1.5 million children annually. In 2020, the organization reports that they awarded $76,447 through the Childhood Health and Wellness Program, provided $45,000 in scholarships to help fund the Virtual Optimist World Oratorical contest, and sent 121 students to college with Optimist International oratorical, essay, and CCDHH scholarships totaling $259,500.
For the year ended September 30, 2020, Optimist International Foundation's program expenses were:
Program services |
$1,209,032 |
Total Program Expenses: |
$1,209,032 |
*2019 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Internet, Membership appeals, Planned giving arrangements
Fundraising costs were 9% of related contributions. (Related contributions, which totaled $1,163,957, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Optimist International Foundation's audited financial statements for the year ended September 30, 2020.
Source of Funds |
Unrealized and realized gains on investments, net |
$1,038,314 |
Contributions |
$948,958 |
Club grant program |
$201,580 |
Interest and dividends |
$178,115 |
Other income |
$92,051 |
Endowments |
$13,419 |
Total Income |
$2,472,437 |
- Programs: 82%
- Administrative: 12%
- Fundraising: 6%
Total Income |
$2,472,437 |
Program expenses |
$1,209,032 |
Fundraising expenses |
$102,482 |
Administrative expenses |
$171,920 |
Other expenses |
$0 |
Total expenses: |
$1,483,434 |
Income in Excess of Expenses |
$989,003 |
Beginning Net Assets |
$5,160,495 |
Other Changes In Net Assets |
$-17,680 |
Ending Net Assets |
$6,131,818 |
Total Liabilities |
$5,108,990 |
Total Assets |
$11,240,808 |
Note: As noted in the above financial section, "other changes in net assets" refers to other losses (-$1,844) and change in value of charitable gift annuities and beneficial interest in perpetual trust (-$15,836).