Skip to content
Nonprofiteer
← OPTIMIST INTERNATIONAL FOUNDATION

Form 990 for tax year 2024

Filed by OPTIMIST INTERNATIONAL FOUNDATION.

Totals

Total revenue
$2,791,867
Total expenses
$1,816,761
Contributions and grants received
$1,861,254
Grants paid
$1,193,122
Program service revenue
$0
Investment income
$930,253
Other revenue
$360
Total assets, end of year
$15,741,968
Total liabilities, end of year
$4,823,024
Net assets or fund balances, end of year
$10,918,944
Program services expenses (Part IX)
$1,479,091
Management and general expenses
$247,428
Fundraising expenses
$90,242
Program service expenses (Part III)
$1,479,091

Program services were 81.4% 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.

  • 1f · All other contributions, gifts and grants

    $1,861,254

  • 3 · Investment income

    total $930,253 · excluded $930,253

  • 11d · All other revenue

    total $360 · related or exempt $360

  • 11e · Other revenue, total

    $360

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $826,622 · program services $826,622

  • 2 · Grants to domestic individuals

    total $356,500 · program services $356,500

  • 3 · Grants to foreign organizations and individuals

    total $10,000 · program services $10,000

  • 5 · Compensation of officers, directors and key employees

    total $160,524 · program services $97,919 · management and general $36,922 · fundraising $25,683

  • 7 · Other salaries and wages

    total $143,077 · program services $89,975 · management and general $30,883 · fundraising $22,219

  • 8 · Pension plan contributions

    total $10,419 · program services $6,460 · management and general $2,318 · fundraising $1,641

  • 9 · Other employee benefits

    total $7,272 · program services $4,847 · management and general $1,364 · fundraising $1,061

  • 10 · Payroll taxes

    total $20,482 · program services $12,699 · management and general $4,557 · fundraising $3,226

  • 11c · Fees: accounting

    total $81,042 · management and general $81,042

  • 13 · Office expenses

    total $38,893 · management and general $26,932 · fundraising $11,961

  • 14 · Information technology

    total $27,309 · program services $16,931 · management and general $6,076 · fundraising $4,302

  • 19 · Conferences, conventions and meetings

    total $48,638 · program services $27,757 · management and general $20,881

  • 22 · Depreciation, depletion and amortization

    total $1,209 · program services $750 · management and general $269 · fundraising $190

  • 24a · Other expenses: VOLUNTEER ACTIVITIES

    total $51,295 · program services $25,647 · management and general $25,648

  • 24b · Other expenses: DONOR AWARDS

    total $18,522 · fundraising $18,522

  • 24c · Other expenses: COLLECTORS' PLATES

    total $443 · fundraising $443

  • 24e · All other expenses

    total $14,514 · program services $2,984 · management and general $10,536 · fundraising $994

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $376,763 · end of year $370,839

  • 2 · Savings and temporary cash investments

    beginning of year $820,354 · end of year $852,618

  • 3 · Pledges and grants receivable

    beginning of year $181,780 · end of year $364,167

  • 7 · Other notes and loans receivable

    beginning of year $229,124 · end of year $182,558

  • 8 · Inventories for sale or use

    beginning of year $24,864 · end of year $24,864

  • 9 · Prepaid expenses and deferred charges

    beginning of year $9,104 · end of year $9,812

  • 10a · Land, buildings and equipment: cost or other basis

    $190,703

  • 10b · Land, buildings and equipment: accumulated depreciation

    $160,528

  • 10c · Land, buildings and equipment, net

    beginning of year $30,415 · end of year $30,175

  • 11 · Investments: publicly traded securities

    beginning of year $12,351,657 · end of year $13,568,158

  • 15 · Other assets

    beginning of year $310,223 · end of year $338,777

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,069,290 · end of year $979,794

  • 18 · Grants payable

    beginning of year $1,356,708 · end of year $1,384,598

  • 25 · Other liabilities

    beginning of year $2,960,111 · end of year $2,458,632

  • 27 · Net assets without donor restrictions

    beginning of year $2,698,665 · end of year $4,020,671

  • 28 · Net assets with donor restrictions

    beginning of year $6,249,510 · end of year $6,898,273

Mission and programs · 2024

Mission

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.

Activities or mission (Part I)

TO FURTHER THE EFFORTS OF OPTIMIST INTERNATIONAL.

  • 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.

    Expenses $595,471 · Grants $309,502

  • ORATORICAL CONTEST SCHOLARSHIPS: AN ANNUAL SPEECH COMPETITION WITH OVER 5,700 ENTRANTS. SCHOLARSHIPS ARE AWARDED IN DISTRICT LEVEL CONTESTS IN THE UNITED STATES. TOTAL EXPENSES FOR THE YEAR ENDED SEPTEMBER 30, 2025 AMOUNTED TO $246,500, ALL OF WHICH WERE SCHOLARSHIPS.

    Expenses $241,500 · Grants $241,500

  • 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.

    Expenses $382,124 · Grants $382,124

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $259,996 · Grants $259,996

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

  • BEN DEREMER

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • FATIMA PLATER

    PRESIDENT-ELECT

    Total calculated
    $0
    Hours/week
    5

  • DEANNA MORROW

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • KEN GARNER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • JENNIFER KENDO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • CRAIG BORING

    SECRETARY/ EXECUTIVE DIRECTOR

    Total calculated
    $126,964
    From this org
    $123,104
    From related orgs
    $0
    Other
    $3,860
    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.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

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.

  • PERPETUAL TRUST

    T · CHARITABLE REMAINDER · CA

Provenance

Return type
form_990
Tax year
2024
Filed
7 April 2026
IRS schema version
2024v5.5
Source object
202601039349301725

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.