Kiwanis International Foundation Inc
- Assets
- $18.6m
- Revenue
- $3.6m
- Investments
- $948.8k
- Employees
- 13
- Location
- Indianapolis, IN
- Founding
- 01/1960
- Data as of
- 09/2020
- EIN
- 36-6072039
Organization Overview
Kiwanis International Foundation Inc, operating under the name Kiwanis Children's Fund, is located in Indianapolis, IN. The organization was established in 1960. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2021, Kiwanis Children's Fund employed 13 individuals. This organization is the central organization for a national or regional group of organizations. Kiwanis Children's Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2020, Kiwanis Children's Fund generated $3.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $4.6m during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (13.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kiwanis Children's Fund has awarded 148 individual grants totaling $25,240,768. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST CHILDREN AND COMMUNITIES IN NEED AROUND THE WORLD WHERE KIWANIS FAMILY CLUBS EXIST OR SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KIWANIS INTERNATIONAL FOUNDATION (DBA KIWANIS CHILDREN'S FUND) IS PARTNERING WITH UNICEF TO RAISE FUNDS TO HELP ELIMINATE MATERNAL AND NEONATAL TETANUS IN DESIGNATED COUNTRIES AROUND THE GLOBE. THE FUNDRAISING GOAL IS $110 MILLION.
DISTRIBUTIONS FOR PROGRAMS OF KIWANIS INTERNATIONAL AND ITS RELATED ORGANIZATIONS (KIWANIS YOUTH PROGRAMS, CIRCLE K, AKTION CLUB, BUILDERS CLUB, K-KIDS, AND KEY LEADER) AS WELL AS KIWANIS CLUB PROJECTS AND SCHOLARSHIPS BENEFITING CHILDREN IN NEED THROUGHOUT THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Updegraff Spleth COO (end 8/31/2020) | Officer | 40 | $127,031 |
Lora Hoover Director Of Development | 40 | $102,455 | |
Stan D Soderstrom Executive Director | Officer | 7 | $45,116 |
Pamela Norman Beg 912020 Chief Philanthropy Officer | Officer | 20 | $21,562 |
Norman Velnes President | OfficerTrustee | 7 | $0 |
Robert M Garretson President-Elect | OfficerTrustee | 7 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Community Counseling Service Fundraising Services | 9/29/16 | $101,753 |
Bardach Awards Donor Awards | 9/29/16 | $189,662 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,987,111 |
| Investment income | $345,044 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,262,711 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,595,306 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $225,082 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $245,154 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $783,671 |
| Pension plan accruals and contributions | $35,210 |
| Other employee benefits | $223,414 |
| Payroll taxes | $74,155 |
| Fees for services: Management | $891,997 |
| Fees for services: Legal | $57,290 |
| Fees for services: Accounting | $167 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $88,465 |
| Fees for services: Other | $127,635 |
| Advertising and promotion | $227,133 |
| Office expenses | $75,691 |
| Information technology | $53,983 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $111,917 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,755 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,285 |
| All other expenses | $0 |
| Total functional expenses | $4,638,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $361,111 |
| Savings and temporary cash investments | $1,083,779 |
| Pledges and grants receivable | $126,343 |
| Accounts receivable, net | $177,439 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $80 |
| Investments—publicly traded securities | $15,587,494 |
| Investments—other securities | $948,766 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $298,887 |
| Total assets | $18,583,899 |
| Accounts payable and accrued expenses | $413,800 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $240,200 |
| Other liabilities | $84,837 |
| Total liabilities | $738,837 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $17,845,062 |
Grants Awarded
Over the last fiscal year, Kiwanis International Foundation Inc has awarded $522,226 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: MEDICAL | $446,282 |
Bountiful, UT PURPOSE: HEALTH & EDUCATION | $25,000 |
Newburgh, NY PURPOSE: HEALTH & RECREATION | $12,673 |
NEW YORK DISTRICT FOUNDATION INC PURPOSE: DISTRICT SCHOLARSHIP | $10,000 |
Farmington, NM PURPOSE: KIWANIS CLOTHES FOR KIDS | $10,000 |
New Bedford, MA PURPOSE: EDUC-SCHOLARSHIPS | $6,671 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kiwanis International Foundation Inc has recieved totaling $628.
| Awarding Organization | Amount |
|---|---|
Kiwanis Club Of San Leandro Foundation San Leandro, CA PURPOSE: YOUTH EDUCATION | $628 |
Endowment Analysis
| Beg. Balance | $16,031,537 |
| Earnings | $2,925,455 |
| Admin Expense | $100,671 |
| Net Contributions | $29,435 |
| Other Expense | $5,266,931 |
| Grants | $175,390 |
| Ending Balance | $13,443,435 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Louisville Real Estate Foundation Louisville, KY | $156,388,720 | $20,770,834 |
Stifel Charitable Inc St Louis, MO | $132,307,100 | $94,589,551 |
Moose Charities Inc Mooseheart, IL | $5,385,966 | $15,548,845 |
Franciscan Sisters Of Chicago Service Corporation Lemont, IL | $62,771,138 | $13,923,865 |
Vela Education Fund Glencoe, IL | $4,855,969 | $13,247,569 |
Porter County Government Charitable Nonprofit Foundation Inc Valparaiso, IN | $195,277,590 | $7,720,193 |
Coxhealth Foundation Springfield, MO | $33,244,463 | $11,374,415 |
Bass Pro Shops & Cabelas Outdoor Fund Springfield, MO | $14,575,213 | $9,618,697 |
Community Foundation For The Land Of Lincoln Inc Springfield, IL | $62,800,465 | $16,636,147 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $5,745,517 | $4,719,862 |
Chicago Cubs Charities Chicago, IL | $11,765,252 | $2,315,259 |
Delta Dental Of Illinois Foundation Naperville, IL | $25,024,389 | $3,455,775 |