Form 990 for tax year 2022
Filed by KIWANIS INTERNATIONAL FOUNDATION INC.
Totals
- Total revenue
- $3,077,341
- Total expenses
- $3,781,522
- Contributions and grants received
- $2,392,156
- Grants paid
- $1,134,856
- Program service revenue
- $13,650
- Investment income
- $671,535
- Other revenue
- $0
- Total assets, end of year
- $17,031,380
- Total liabilities, end of year
- $426,316
- Net assets or fund balances, end of year
- $16,605,064
- Program services expenses (Part IX)
- $1,483,287
- Management and general expenses
- $816,938
- Fundraising expenses
- $1,481,297
- Program service expenses (Part III)
- $1,483,287
Program services were 39.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$1,369
-
1f · All other contributions, gifts and grants
$2,390,787
-
1g · Noncash contributions included above
$33,629
-
2a · Program service revenue: REGISTRATION/MEETING FEES
total $13,650 · related or exempt $13,650
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $344,976 · excluded $344,976
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $19,589,013
-
7b · Less cost or other basis and sales expenses
securities $19,262,454
-
7c · Gain or loss
securities $326,559 · other assets $0
-
7d · Net gain or loss
total $326,559 · excluded $326,559
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $943,596 · program services $943,596
-
3 · Grants to foreign organizations and individuals
total $191,260 · program services $191,260
-
5 · Compensation of officers, directors and key employees
total $165,436 · program services $22,735 · management and general $42,669 · fundraising $100,032
-
7 · Other salaries and wages
total $711,564 · program services $97,786 · management and general $183,528 · fundraising $430,250
-
8 · Pension plan contributions
total $32,867 · program services $4,906 · management and general $8,065 · fundraising $19,896
-
9 · Other employee benefits
total $214,126 · program services $30,100 · management and general $56,273 · fundraising $127,753
-
10 · Payroll taxes
total $64,455 · program services $9,276 · management and general $16,584 · fundraising $38,595
-
11a · Fees: management
total $960,996 · program services $165,996 · management and general $258,996 · fundraising $536,004
-
11b · Fees: legal
total $17,678 · management and general $17,678
-
11f · Fees: investment management
total $70,642 · management and general $70,642
-
11g · Fees: other
total $94,951 · program services $608 · management and general $66,815 · fundraising $27,528
-
12 · Advertising and promotion
total $23,722 · program services $1,830 · management and general $239 · fundraising $21,653
-
13 · Office expenses
total $37,250 · program services $2,785 · management and general $13,769 · fundraising $20,696
-
14 · Information technology
total $58,864 · program services $10,783 · management and general $4,245 · fundraising $43,836
-
17 · Travel
total $150,776 · program services $1,587 · management and general $65,151 · fundraising $84,038
-
19 · Conferences, conventions and meetings
total $27,051 · program services $39 · management and general $12,284 · fundraising $14,728
-
24a · Other expenses: MISCELLANEOUS
total $16,288 · fundraising $16,288
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $97,821 · end of year $326,653
-
2 · Savings and temporary cash investments
beginning of year $542,162 · end of year $245,036
-
4 · Accounts receivable
beginning of year $677,652 · end of year $5,594
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $7,058 · end of year $170
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $14,480,358 · end of year $15,877,268
-
12 · Investments: other securities
beginning of year $719,864 · end of year $446,423
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $120,993 · end of year $130,236
-
17 · Accounts payable and accrued expenses
beginning of year $800,030 · end of year $364,810
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $69,683 · end of year $61,506
-
27 · Net assets without donor restrictions
beginning of year $3,070,346 · end of year $3,318,219
-
28 · Net assets with donor restrictions
beginning of year $12,705,849 · end of year $13,286,845
Mission and programs · 2022
Mission
THE ORGANIZATION PROVIDES GRANTS TO UNICEF TO REDUCE THE IMPACT THAT MATERNAL AND NEONATAL TETANUS HAS ON THE GLOBAL COMMUNITY. IN ADDITION, THE ORGANIZATION PROVIDES GRANTS FOR YOUTH SCHOLARSHIPS, PROJECTS UNDERTAKEN BY KIWANIS FAMILY CLUBS THROUGHOUT THE WORLD THAT HELP UNDERSERVED CHILDREN IN NEED. THE ORGANIZATION EXISTS TO SUPPORT THE MISSION OF KIWANIS INTERNATIONAL.
Activities or mission (Part I)
TO ASSIST CHILDREN AND COMMUNITIES IN NEED AROUND THE WORLD WHERE KIWANIS FAMILY CLUBS EXIST OR SERVE.
-
KIWANIS INTERNATIONAL FOUNDATION (DBA KIWANIS CHILDREN'S FUND) IS CONTINUING ITS COMMITMENT TO SUSTAIN EFFORTS TO ELIMINATE IODINE DEFICIENCY DISORDERS AND MATERNAL AND NEONATAL TETANUS BY SUPPORTING KIWANIS' GLOBAL PARTNERS IODINE GLOBAL NETWORK, UNICEF, AND UNICEF USA. GRANTMAKING TO SUPPORT LOCAL KIWANIS FAMILY SERVICE PROJECTS THAT ALIGN WITH THE KIWANIS CAUSES OF HEALTH AND NUTRITION, EDUCATION AND LITERACY, AND YOUTH LEADERSHIP DEVELOPMENT. SUPPORT FOR PROGRAMS OF KIWANIS INTERNATIONAL AND ITS RELATED ORGANIZATIONS (KIWANIS YOUTH PROGRAMS, CIRCLE K, AKTION CLUB, BUILDERS CLUB, K-KIDS AND KEY LEADER), INCLUDING FUNDING FOR ROBUST HIGHER EDUCATION SCHOLARSHIPS AND PROGRAMS TO HELP YOUNG PEOPLE AND ADULTS WITH DISABILITIES DEVELOP INTO COMMUNITY LEADERS.
Expenses $1,483,287 · Grants $1,134,856 · Revenue $13,650
As filed on the 2022 return.
Listed in Part VII
-
Amy ZimmermanAMY ZIMMERMAN
PRESIDENT-ELECT
- Total calculated
- $0
- Hours/week
- 7
-
Filip DelanoteFILIP DELANOTE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 7
-
Robert GarretsonROBERT GARRETSON
IMMEDIATE PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 7
-
Robert MaxwellROBERT MAXWELL
TREASURER
- Total calculated
- $0
- Hours/week
- 7
-
Babu Krishna KarkiBABU KRISHNA KARKI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 7
-
Brenda Leigh JohnsonBRENDA LEIGH JOHNSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 7
-
Elizabeth TezzaELIZABETH TEZZA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 7
-
Francesco ValentiFRANCESCO VALENTI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 7
-
John Tyner IIJOHN TYNER II
TRUSTEE
- Total calculated
- $0
- Hours/week
- 7
-
Juanita EdwardsJUANITA EDWARDS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 7
-
Koji YoshidaKOJI YOSHIDA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 7
-
Kuan Yong LeeKUAN YONG LEE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 7
-
Lenora HannaLENORA HANNA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 7
-
Mark EspositoMARK ESPOSITO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 7
-
Peter MancusoPETER MANCUSO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 7
-
Richard PoultonRICHARD POULTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 7
-
Pamela NormanPAMELA NORMAN
CHIEF PHILANTHROPY OFFICER
- Total calculated
- $194,880
- From this org
- $84,561
- From related orgs
- $84,561
- Other
- $25,758
- Hours/week
- 20 + 20 related
Schedule J breakdown matched by us
- Base
- $83,561 + $83,561 related
- Bonus
- $0
- Other
- $1,000 + $1,000 related
- Deferred
- $3,382 + $3,382 related
- Nontaxable benefits
- $9,497 + $9,497 related
- Filer's total
- $97,440 + $97,440 related
-
Stan D SoderstromSTAN D SODERSTROM
EXECUTIVE DIRECTOR
- Total calculated
- $305,070
- From this org
- $48,054
- From related orgs
- $226,539
- Other
- $30,477
- Hours/week
- 7 + 33 related
Schedule J breakdown matched by us
- Base
- $48,054 + $226,539 related
- Bonus
- $0
- Other
- $0
- Deferred
- $1,922 + $9,062 related
- Nontaxable benefits
- $3,411 + $16,082 related
- Filer's total
- $53,387 + $251,683 related
-
Elizabeth Warren
Director of Programs and Partnerships
- Total calculated
- $137,572
- From this org
- $57,009
- From related orgs
- $57,009
- Other
- $23,554
- Hours/week
- 20 + 20 related
-
Michael Malik
Director of Development
- Total calculated
- $129,383
- From this org
- $106,144
- From related orgs
- $0
- Other
- $23,239
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Schedule J, Part I, Line 3 ESTABLISHMENT OF COMPENSATION:
- COMPENSATION IS REVIEWED AND ESTABLISHED BY KIWANIS INTERNATIONAL, A RELATED ORGANIZATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$275,000
Healthcare
-
$62,144
Leadership Education
-
Kiwanis Club of Stroudsburgs Scholarship
$50,000
District Projects
-
$35,000
District Projects
-
$28,219
Leadership Education
-
District Projects
-
Special Olympics Connecticut Inc
$25,000
Edu - Scholarships
-
Kiwanis Club of Bowling Green KY
$20,000
District Projects
-
District Projects
-
Edu - Scholarships
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(4) · COMMUNITY SVC · IN
Directly controlled by NA
-
501(c)(3) · YOUTH EDUC · IN
Directly controlled by NA
-
501(c)(4) · YOUTH EDUC · IN
Directly controlled by NA
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
KRMPFK Inc
C Corporation · Insurance · VT · 0% owned · share of income $0 · share of assets $0
Directly controlled by Kiwanis International
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 6 August 2024
- IRS schema version
- 2022v5.0
- Source object
- 202422199349300137
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