Altrusa International Foundation, Inc. Founded 1962 To encourage Altrusa clubs to support community projects To build assets and administer them To approve.

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Presentation transcript:

Altrusa International Foundation, Inc. Founded 1962 To encourage Altrusa clubs to support community projects To build assets and administer them To approve local club foundations

Board of Trustees Six voting trustees Three ex-officio members Secretary Treasurer Legal Advisor Association Representative

What We Do Income Voluntary contributions from members, Altrusa clubs, and general public Types of Contributions Monetary contributions Gifts: memorial tribute or acknowledgement of a special achievement Bequests, such as insurance proceeds

Programs Grants Program Disaster Relief Programs Foundation Endowment Fund Club 21

Grants Program To implement local community service projects To assist individuals with vocation or education grants a. Monetary grants $250 -2,000 b. One grant per club per year c. Individual limited to one grant Grant requests are due March 15 and September 15 annually

Disaster Relief Fund Quick Response to Natural Disasters International Foundation Disaster Relief Support Program Governors’ Disaster Relief Fund Altrusa Club Disaster Recovery Service Grants

Endowment Fund Legacy for future generations Interest earned supports: Letha H. Brown Award - Literacy Nina Fay Calhoun Award - International Relations Community Leadership Award ASTRA Scholarships ASTRA Service Awards **April is Endowment Fund Month**

Club 21 An annual $21 or more will admit an Altrusan or individual to membership in Club 21. Club 21 currently supports: Camp Save Haven - Martha’s Vineyard and North Carolina Bleeding Disorders Alliance Illinois Camp Warren Jyrch Ghana Health and Education Initiative Established 1997 to support children with HIV/AIDS

Lamplighter Recognizes an Altrusan who contributes $500 or more in a calendar year. Participant receives lamplighter pin Each future $500 contribution earns diamond chip recognition Ten levels earns the Josie Lucente Lamplighter Club lamplighter - $500 - banner patch

Local Club Foundation Must be approved by Foundation Legal Counsel. Packets available from International Foundation. Instructions: Prototype Articles of Incorporation Prototype Bylaws Formal approval by directors and members of club Maintain two separate bank accounts Contributions tax-deductible Complete Form 990 annually Forward copy to Foundation office each year

Foundation Materials Can be obtained from International Foundation Office in Chicago or downloaded from Altrusa International website Foundation contact: Brooke Ramsey - International Foundation Office District Foundation Chair Club Foundation Chair