Club Advised Funds : Grants and Club Support : Ohio District Kiwanis Foundation

Clubs may invest their funds in the investment pool of the Foundation as a Club Advised Fund or subfund. This allows the Club Advised Fund to receive tax deductible donations under the 501(c)(3) IRS provisions of the Foundation. The Foundation also handles financial reporting to the club, the State of Ohio and the IRS.

The minimum amount required to establish a Club Advised Fund is $5,000. The club pays 1% annually for the administration of the fund under $100,000 and .75% for a fund over $100,000. The club also pays investment manager’s fees. The club may distribute funds for their projects at any time upon approval of the Foundation Board. Distributions are made to qualified charitable tax exempt organizations.

Contact the Executive Director or Treasurer for more details about establishing a Club Advised Fund for your Kiwanis Club. They are available to meet with your club and board members to answer all questions that you may have.

How to Establish a Kiwanis Club Advised Fund:

Request a meeting with the Foundation Executive Director to review the agreement form of the Ohio District Kiwanis Foundation.
Have your Board of Directors and membership vote to approve the establishment of the Fund.
Select two individuals who will be responsible for depositing and withdrawing monies from your fund.
You will be notified of your approval by the Ohio District Foundation Board of Directors
Once approved you will be asked to deposit an initial investment of $5,000 into your Fund.
You may begin to collect funds and make deposits in your Fund with the Foundation

If you have questions you can contact caf@odkf.org

Club Advised Fund Application Click on link below to access.

ODKF Club Advised Funds

Ohio Kiwanis Club Advised Funds - September 2020

Medina Breakfast

Middleburg Heights

Norwalk

Fremont

Ravenna

Rocky River

SE Cleveland

Warren

West Geauga

West Park

Westerville

Wooster

Barberton

Belden Village

Bellevue

North Ridgeville

Delaware County

Bexley Berwick

Bloom Carroll Key Club Scholarship

Canton

Delphos

Eastlake

Elyria

Medina

Bellefontaine

Greater Euclid

Mansfield

Dover-New Philadelphia

West Toledo

East Geauga

Dublin

Delaware

Norton

Cleves Three River

Our Impact this Kiwanis Year

Children and Families Helped by Projects Funded by ODKF 2023-24

265,250
Club Advised Fund accounts in the Foundation

44
Grants dollars given to date in 2023-2024

$76,000

Visit Our Kiwanis Programs and Business Partners

Staples

Business Partner
Office Max/Office Depot
Landscape Structures
Scholastic
Children’s Miracle Network Hospitals
March of Dimes
Unicef – United States Fund
Kroger Community Rewards Program
Ohio Kiwanis
Circle K
Key Club
Builders Club
K-Kids
Terrific Kids
Bring Up Grades
AKtion club
YCPO
KI
KIF
CKI Alumni
KCI Alumni
New Mouth Dentistry
Let's Build Beds

Building beds for children in Ohio
Habitat for Humnaities

© 2024 Ohio District Kiwanis Foundation

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