The Foundation's official name is Kiwanis of Oceanside
Pacific Foundation, Inc. The Foundation was incorporated on February 8,
2001. The corporate identification number assigned by the California Department
of Corporations is 2280985.
The Foundation is tax exempt under Section 501 (c ) (3) of the Internal
Revenue Code of the United States and Section 23701 (d) of the California
Revenue and Taxation Code. The Federal tax identification number is 31-1765727.
This corporation is a non-profit public benefit corporation and is
not organized for the private gain of any person. It is organized
under the Non-Profit Public Benefit Corporation Law for charitable purposes.
THE SPECIFIC PURPOSE of this corporation
is to receive from the public, donations obtained through the efforts
of members of the OCEANSIDE PACIFIC KIWANIS CLUB, or otherwise, for public
or charitable purposes to promote the welfare of residents of the community
of Oceanside, San Diego County, California and others with special emphasis
on supporting youth.
All members of the Oceanside Pacific Kiwanis Club are members of the corporation
and voting members of the Foundation.
GENERAL MANAGEMENT is vested in the
Board of Trustees; the elected officers and directors of the Oceanside
Pacific Kiwanis Club. The day to day operations are handled by its Chief
Executive Officer.
START-UP EXPENSES
to operate the Foundation were provided by the
Kiwanis Club of Oceanside Pacific from the Club's administrative fund.
PLANNED ACTIVITIES of the Foundation
will include the development of beneficial programs for children and youth.
Examples would include programs which encourage regular attendance in
school; student scholarships; programs promoting child safety; support
for programs benefiting handicapped children; and assistance for the San
Diego Children's Hospital.
OUR OBJECTIVE is to seek and verify
the worthiness of charitable and educational organizations and individuals
for the purpose of making grants to them to further their activities.
METHOD used by the Foundation to determine
acceptable recipients for grants include tapping the vast experiences
of Kiwanis of Oceanside Pacific Foundation members, many of whom are practicing
or retired professionals These members will contribute their time and
expertise to conduct a thorough investigation of the recipient organization
or individual.
REPORTS of the findings are made in
writing to the Board of Trustees for their approval prior to any grant
being made.
SOURCES OF FUNDS The Foundation will
receive its financial support through donations of time, talent and physical
resources from its members as well as interested businesses in the community.
Many of the members of the Foundation are active or retired professionals
who will contribute their time and expertise to the activities of the
Foundation. Businesses, likewise, will provide in-kind donations of time
and materials for Foundation projects.
Availability of Board Minutes and Foundation By-Laws
The By-Laws and the monthly board minutes may
be reviewed by contacting the Foundation Secretary. The names, phone numbers
and e-mail addresses of the Foundation officers can be found by clicking
on the Officers and Trustees page link at the top of the screen. |