Kiwanis International Foundation Inc
- Assets
- $17.0m
- Revenue
- $3.1m
- Investments
- $446.4k
- Employees
- 13
- Location
- Indianapolis, IN
- Founding
- 01/1960
- Data as of
- 09/2023
- 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 09/2023, 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 09/2023, Kiwanis Children's Fund generated $3.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $3.8m during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (12.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Kiwanis Children's Fund has awarded 180 individual grants totaling $27,138,051. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
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:
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President-Elect | OfficerTrustee | 7 | $0 |
Name Not Listed President | OfficerTrustee | 7 | $0 |
Name Not Listed Immediate Past President | OfficerTrustee | 7 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 7 | $0 |
Name Not Listed Trustee | Trustee | 7 | $0 |
Name Not Listed Trustee | Trustee | 7 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bardach Awards Donor Awards | 9/29/16 | $189,662 |
Community Counseling Service Fundraising Services | 9/29/16 | $101,753 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,369 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,390,787 |
| Noncash contributions included in lines 1a–1f | $33,629 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,392,156 |
| Total Program Service Revenue | $13,650 |
| Investment income | $344,976 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $326,559 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,077,341 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $943,596 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $191,260 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $165,436 |
| Compensation of current officers, directors, key employees. | $42,669 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $711,564 |
| Pension plan accruals and contributions | $32,867 |
| Other employee benefits | $214,126 |
| Payroll taxes | $64,455 |
| Fees for services: Management | $960,996 |
| Fees for services: Legal | $17,678 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $70,642 |
| Fees for services: Other | $94,951 |
| Advertising and promotion | $23,722 |
| Office expenses | $37,250 |
| Information technology | $58,864 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $150,776 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,051 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $3,781,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $326,653 |
| Savings and temporary cash investments | $245,036 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,594 |
| 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 | $170 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $15,877,268 |
| Investments—other securities | $446,423 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $130,236 |
| Total assets | $17,031,380 |
| Accounts payable and accrued expenses | $364,810 |
| 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 | $0 |
| Other liabilities | $61,506 |
| Total liabilities | $426,316 |
| Net assets without donor restrictions | $3,318,219 |
| Net assets with donor restrictions | $13,286,845 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,031,380 |
Grants Awarded
Over the last fiscal year, Kiwanis International Foundation Inc has awarded $669,580 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
CAL-NEV-HA DISTRICT KIWANIS PURPOSE: District Projects | $5,036 |
ALBERT LEA NOON KIWANIS PURPOSE: District Projects | $10,000 |
CANADAIGUA KIWANIS FOUNDATION INC PURPOSE: District Projects | $25,000 |
KANSAS KIWANIS FOUNDATION PURPOSE: District Projects | $6,000 |
KIWANIS CLUB OF BELLMORES CHARITABLE FOUNDATION PURPOSE: District Projects | $7,500 |
KIWANIS CLUB OF BOWLING GREEN KY PURPOSE: District Projects | $20,000 |