Lions Clubs International · PDF fileLions Clubs International Foundation Annual Report 1 ......

Lions Clubs International FoundationANNUAL REPORT 2007-2008

Last year was record setting for LCIF. Through Lions’ generosity, largely in

response to Campaign SightFirst II (CSFII), LCIF reached a new record in

contributions, allowing the Foundation to increase the number of people served

through an increase in grants awarded. Total contributions to LCIF were

US$78.46 million, an increase of more than $24 million over the previous year

and several million over recent years. LCIF provided 570 grants totaling $40.93

million to address vital humanitarian needs.

LCIF was named the number one non-governmental organization worldwide

with which to partner, in a study released in July by the Financial Times, in

association with the UN Global Compact.

This was a year of many celebrations for LCIF. The Foundation marked its

40th anniversary in June with the successful conclusion of CSFII. The global

three-year fundraising campaign was a monumental success, and the greatest

fundraising victory in LCIF’s history. Lions and donors around the world rallied

to surpass the minimum goal of $150 million, raising more than $200 million.

These funds will continue and expand SightFirst, Lions’ renowned program to

combat preventable blindness.

LCIF addresses many other humanitarian needs through programs for youth,

disability and health. The Foundation also continues to provide grants for Lions

to respond to natural disasters. In addition to funding for immediate relief, the

Foundation assists in long-term reconstruction, such as providing $3 million

following the China earthquake.

After reviewing all of LCIF’s

accomplishments, I know you’ll share my

pride in what we have accomplished

together. Thank you for helping LCIF to

change the lives of so many. It is through

your continued support that we have

achieved so much.

Together “We Serve,”

Jimmy Ross

2007-2008 LCIF Chairperson

Message From The LCIF Chairperson

Lions Clubs International Foundation Executive Committee 2007-2008Jimmy Ross, Immediate Past International President and Chairperson; Mahendra Amarasuriya, International President,

Ex officio; Albert Brandel, First Vice President; Eberhard Wirfs, Second Vice President; Russell Sarver, Vice Chairperson;

K.G. Ramakrishna Murthy, Secretary; Yoshitsugu Shigematsu, Treasurer, International Director; Ermanno Bocchini,

International Director; Dr. Ashok Mehta, Past International President, LCIF Board Appointee; Asoka de Z. Gunasekera,

Past International Director, LCIF Board Appointee

“The quality of life you offeris like night and day to see onceagain. I so appreciate everythingyou are all doing. Your programsand assistance are desperately

needed and so very muchappreciated.”

Christine, Oregon, USA

We’re #1. As the global leader in humanitarian service,

Lions Clubs International Foundation helps Lions members

serve their community and the world community. Named the

number one non-governmental organization in the world with

which to partner, LCIF is the official charitable organization of

Lions Clubs International.

We Serve. Grants fund large-scale Lions humanitarian

projects for sight, youth, disability, health and disaster. In

fiscal year 2007-2008, LCIF awarded $40.93 million for 570

projects.

We Provide. Since LCIF began in 1968, it has awarded

9,000 grants totaling $640 million.

We Give 100 Percent. Every dollar donated to

LCIF goes directly toward a grant.

We Partner. LCIF works hard to leverage all donations

through partnerships with local and international organizations,

governments and corporations, stretching each contribution

substantially beyond its original value.

You Gave. In fiscal year 2007-2008, LCIF received

$78.46 million in donations, including historic support for

CSFII. This was an increase of $24 million over the previous

year.* Thank you for your support!

*Donations include cash received and pledges.

**All funds reported in US$.

Lions Clubs International Foundation Annual Report 1

LCIF Overview

MAJOR CATASTROPHE6 disasters/$1.35 million

EMERGENCY229 disasters/$1.93 million

CORE 447 grants/$3.71 million

OTHER69 grants/$5.89 million

STANDARD143 projects/$6.53 million

INTERNATIONALASSISTANCE34 grants/$389,229

SIGHTFIRST42 projects/$21.14 million

A Victory for VisionAt the 2008 International Convention, more than 14,000 Lions

from around the world gathered to celebrate raising more than

$203 million for LCIF’s SightFirst program. Lions and donors

had great reason to celebrate the largest fundraising campaign

in the history of the association and Foundation. Funds raised

through Campaign SightFirst II (CSFII) will continue and

expand Lions’ SightFirst program to address the changing

patterns of blindness

CSFII was launched at the 2005 Lions Clubs International

Convention. CSFII fundraising epitomized Lions’ dedication to

the SightFirst program. A majority of Lions clubs from around

the world participated in fundraising for the three-year, global

campaign, as well as many corporate and government

agencies.

The funds raised through this effort are an extension of efforts

Lions began more than two decades ago. Combined with the

first fundraising campaign that launched the SightFirst program

in the early 1990s, Lions have now raised more than $346

million for sustainable sight programs around the world.

SightFirst Around the WorldFunds raised through Campaign SightFirst II are already

continuing Lions life-changing work. Of the $203 million

raised through the campaign, more than $100 million will

support programs that control and eliminate the major causes

of blindness, such as cataract, trachoma and river blindness.

An additional $50 million will fund projects to combat emerging

threats to sight, such as low vision, glaucoma and diabetic

retinopathy. The remaining $50+ million will fund “Vision for All”

by supporting new research initiatives and rehabilitation.

CSFII Accomplishments• More than $203 million raised• Largest gift from a foundation in LCIF history –

$7.5 million from The Global Health andEducation Foundation, USA

• Largest gift from an individual in LCIF history –$3.2 million from Lion Aruna A. Oswal, India

• 67 percent of Lions clubs worldwide contributed• 91 donations of $100,000+ and 123 gifts of

$25,000+• More than 3,400 Model clubs gave a minimum of

$400 per-member on average

2 Building a Stronger Foundation, Creating a Better World

Campaign SightFirst II


Vision for All


Mrs. Aruna A. Oswal,Past District GovernorIn April 2008, the family of Mrs. Aruna A. Oswal pledged

$3.2 million, the largest, single personal donation in the

Foundation’s history. Oswal is a member of the Lions Club

of Juhu in Mumbai, India and is a Lions past district governor.

Global Health and EducationFoundationIn May, LCIF received a pledge of $7.5 million, the largest

donation in its 40-year history. The donation was from

Kenneth E. Behring, a U.S. philanthropist, and his foundation,

The Global Health and Education Foundation. This gift will

support the creation of Operation Global Vision (OGV), a $15

million partnership between LCIF and GHEF.

Moorfields Eye HospitalFoundation TrustIn March 2008, LCIF received a $4 million donation from

Moorfields Eye Hospital Foundation Trust, a UK-based

international center for the treatment of eye disease and a

leader in vision-care research and training. The funds will

directly support the construction and establishment of a

new facility for the Korle Bu Eye Hospital in Accra, Ghana.

Landmark Donations


LCIF’s UnprecedentedOpportunityLCIF is in a position of unprecedented

opportunity. Now, more than ever, Lions

worldwide are engaged in the work of LCIF.

The unwavering efforts of Lions throughout

CSFII have further established the

SightFirst program as a leader in the

fight against preventable blindness, and

solidified LCIF as a prominent global

foundation. There is a better understanding

of the need for the humanitarian service

that only LCIF and Lions can provide.

LCIF has provided a wide range of

humanitarian service to those in need

for more than 40 years. The SightFirst

program is only one aspect of the

humanitarian work of the Foundation.

LCIF also combats disability, provides

disaster relief and supports the health

and education of youth. Through LCIF,

Lions develop projects that address the

immediate and long-term needs of their

local and global communities.

It is indeed an exciting time for LCIF and

Lions worldwide. The Foundation has not

only been very successful in helping Lions

serve others, but with expansion comes

new opportunities for service. LCIF is

dedicating more resources to expand the

Foundation, and a stronger LCIF that is

committed to a core mission has the

power to transform all aspects of Lions.

A New Era for SightFirstThe SightFirst Advisory Committee is

developing long-range plans to guide

the future of SightFirst programs. These

plans review public eye health programs

and recommend strategies for future Lions

efforts specific to each disease.

In partnership with the World Health

Organization, LCIF awarded $3.75 million

to launch a childhood blindness program in

2002. Funds established 30 need-based

centers on six continents, which provide

preventative, therapeutic and rehabilitative

eye care services for 71 million children.

This year LCIF gave an additional

$879,000 for additional equipment and

expansion of the centers. Addressing

childhood blindness remains a key priority

of the SightFirst program.

The first six grants from funds raised

during CSFII have been allocated to

projects around the world. Through

these six grants, Lions will fight trachoma

in Ethiopia, provide eye care to the

underserved in Paraguay, address

cataract in India, bring vision services to

people throughout West Africa, give sight

to children in Eastern Europe and address

uncorrected refractive error (URE) in North

America.

“Now I can read the newspaper again, and my life is betterbecause I see clearly. Before the surgery, I was unable to do

routine household work. I have Lions to thank for therestoration of my eyesight.”

Vasant Pandharinath Hawal, a cataract patient from India

Lions’ SightFirst program works in partnership with Lions clubs and organizations around the world to improve eye care and

make the dream of a life free of blindness come true for millions of people. SightFirst has saved and restored sight to more than

30 million people through cataract surgeries, vision screenings, trachoma control, river blindness prevention programs and much

more. In addition, hundreds of millions of individuals have received improved vision care.

Lions have established themselves as world-renowned leaders in blindness prevention. On average, Lions can restore or save

an individual from blindness for only $6. Despite Lions’ successes, more work remains. Experts have predicted that if SightFirst

efforts come to a halt, the world’s blind population will double from 37 million to 74 million by 2020.


SightFirst

SightFirst’s accomplishmentssince 1990:• Awarded 922 grants in 90 countries for a

total of $231 million• Restored sight to 7.5 million people through

cataract surgeries• Prevented serious vision loss for 30 million• Distributed 10 million doses of Zithromax®

and provided 254,000 trichiasis surgeriesto fight trachoma

• Provided 114.7 million treatments for riverblindness

• Built or expanded 308 eyehospitals/clinics/wards

• Upgraded 372 eye centers with equipment• Provided management training for 115

facilities• Trained 345,000 eye care specialists• Launched world's first-ever initiative

to combat childhood blindness inpartnership with the WHO for 30 pediatriceye care centers, impacting the lives of 71million children

Vision Care


River Blindness Halted in Latin American CountriesTransmission of the tropical disease onchocerciasis, or river blindness, has been halted in Colombia, marking the first time that

the disease has been eliminated as a public health problem on a country-wide basis. LCIF is a member organization of the

program to distribute the drug to control and prevent the disease. Lions help distribute Mectizan® and educate the local

community on the need for the medication. Together with the Carter Center, Merck, and other regional partners Lions have

helped distribute worldwide more than 114 million doses of the medication.

Lions World Sight Day 2007The Lions World Sight Day 2007 international event was held in Colombo, Sri Lanka. Vision screenings were conducted for more

than 50,000 residents. Eyeglasses were provided to those in need and 1,500 people received cataract surgeries at the Lions Gift

of Sight Hospital and the SightFirst Hospital Hendala. The surgeries were funded by LCIF. Lions also held a seminar on childhood

blindness, a public meeting on the importance of preserving and restoring sight, and a walk in support of Campaign SightFirst II.

KAP StudyLCIF and the National Eye Institute (NEI) released national survey findings in 2008 that showed most adults value their eyesight

and are aware of serious eye diseases commonly associated with visual impairment. However, they lack knowledge of how and

when to seek timely detection and treatment of those diseases. These findings are from the 2005 Survey of Public Knowledge,

Attitudes, and Practices Related to Eye Health and Disease, or KAP Study, funded by LCIF and NEI. The study’s findings reinforce

the need to educate the public about common eye diseases, such as glaucoma, diabetic eye disease, and age-related macular

degeneration. To raise awareness, LCIF has developed the Lions Eye Health Program, a community-based education program for

Lions clubs.

Milestone in Trachoma TreatmentsLCIF reached a major milestone in trachoma treatments in January when LCIF Chairperson Jimmy Ross distributed the 10

millionth dose of Zithromax® (azithromycin) to 16-year-old Messeleche Tilahun. The antibiotic, donated by Pfizer Inc, is a main

strategy in the fight against the disease. Messeleche lives in the most trachoma-endemic part of Ethiopia, where an estimated

18 million are at risk. Representatives from The Carter Center, Lions clubs of Ethiopia, Pfizer, government of Ethiopia, and other

partner organizations joined the celebration and are a part of the coalition working toward elimination of trachoma in the region

by 2012. Lions in Ethiopia have been integral to achieving remarkable results in the country. The 10 millionth dose comes after just

18 months of full scale intervention and points toward meeting the elimination target date. Through SightFirst, LCIF has awarded

numerous grants for trachoma control, outreach and training projects in Ethiopia and elsewhere in Africa.

“I’ve received excellent training that I will be able to take backto the people of Rwanda. I will be able to provide eye care

where there was none available before. This would not havebeen possible without the Lions.”

Emanuel, a student at the African Instituteof Tropical Ophthalmology (IOTA) in Mali

LCIF Responds


Lions Aid ChinaMore than 68,000 died and 360,000 people were injured when a

massive 7.4 magnitude earthquake rocked the Sichaun province

in central China in May 2008. Lions Clubs International Foundation

and Lions around the world quickly responded, mobilizing more

than $3 million in funding and relief supplies.

LCIF committed a major catastrophe grant for $1 million. Lions in

Guangdong, Shenzhen, Hong Kong and Macau raised more than

$1 million and traveled to the affected areas to deliver relief supplies

including tents, medicine and food. In addition, Lions assisted with

reconstruction efforts. Working with the Chinese Red Cross, Lions

purchased 10 relief vehicles and ambulances.

Three Lions districts and the China Council of Lions Clubs

established a committee to oversee immediate and long-term

relief projects. LCIF and Lions from Sweden provided more than

3,000 tents to erect a Lions tent village and provide temporary

shelter for relief workers.

In Weicheng, Lions are rebuilding a kindergarten and primary

school to benefit 1,500 students. Lions donated more than 800

desks and chairs and stationery. Lions from Shenzhen drove three

straight days to erect a school in Longfeng in less than 72 hours.

They are working with the Chinese government to construct a

permanent school and dormitory for 360 students. Lions are

constructing a Lions Village in PengHua, where the entire

community was destroyed. They are helping to rebuild roads,

homes, a school and water supply system with the government

that will benefit 66 families; where the average income is less

than $1 a day.

Lions Clubs International is the only official volunteer service

club organization in China. LCIF and Lions have experience

in disaster relief, having mobilized more than $20 million for the

tsunami and Hurricane Katrina as well assisting in long-term

reconstruction for numerous other major disasters.

Major CatastrophesIn June, extensive flooding along the Mississippi River

resulted in major flooding throughout Iowa, USA. More

than 40,000 residents were displaced for weeks and

entire towns were destroyed. LCIF provided $60,000 in

emergency grants to address immediate needs. LCIF

also awarded $100,000 in major catastrophe grants,

which is helping to rebuild two senior citizen centers.

More than 3,500 people died and millions were left

homeless following the November cyclone in

Bangladesh. LCIF mobilized $224,000 for reconstruction

efforts, including the building of two shelters that will

double as schools. Central and southern Peru was

extensively damaged following a massive earthquake in

August. LCIF responded with $136,000 in relief funding

and 145 homes are nearly complete. After wildfires

destroyed significant portions of California, USA, LCIF

issued several emergency grants for short and long term

reconstruction efforts.

LCIF also awards emergency grant funding totaling nearly

$2 million annually for immediate needs such as food,

water, clothing and medicine.



Serving Those with DisabilitiesServing people with disabilities is one of the four major focus

areas of LCIF’s Core 4 grants, which provide funding for large-

scale projects in four major focus areas: sight, disability, health

and youth. Two examples of LCIF’s commitment to aiding

those with disabilities are partnerships with Habitat for

Humanity International and Special Olympics Opening Eyes

Program.

1000th House Built throughHabitat for Humanity PartnershipIn June 2008, the 1,000th house was built through LCIF’s

partnership with Habitat for Humanity. The home served as a

benchmark for the partnership program, which officially began

in 2000.

LCIF has pledged $12 million to Habitat for Humanity

International to build houses for individuals and families living

with physical and mental disabilities. Funding from LCIF and

Lions members has enabled families in 24 countries worldwide

to experience new freedom.

Lions are committed to providing for populations in need.

Through LCIF grants and the service of Lions from around the

world, families have a new sense of hope for the future.

Opening Eyes PartnershipThe Special Olympics-Lions Clubs International Opening Eyes

partnership program began in 2001. Since then, LCIF has

provided $10 million in funding to expand the program globally.

More than 100,000 athletes have been screened and more

than 44,000 have received glasses or sports goggles. More

than 8,000 Lions have volunteered at the screenings

worldwide.

Mahendra Amarasuriya, Lions International President, and

Jimmy Ross, LCIF Chairperson, joined world leaders at a

Global Policy Summit in October 2007 in China to discuss the

challenges and opportunities for full inclusion of people with

intellectual disabilities. At the summit, LCIF also announced a

$1 million grant to continue the Opening Eyes partnership

program through October 2009.

Core 4 Grants

Focus Areas


Lions Quest Continuesto Expand WorldwideLions Quest, a school-based, comprehensive, positive youth

development and prevention program, unites the home, school

and community. Today, more than 11 million youth have

participated and more than 400,000 educators and other adults

have been trained to implement the program. Lions Quest

cultivates capable and healthy young people of strong character,

through social-emotional skills, character education, positive

behavior and service-learning education. LCIF provides grants

to Lions districts to implement or expand the program in area

schools.

LCIF has expanded its successful partnership with the U.S.

State Department, receiving a second five-year contract in

excess of $1 million for implementing Lions Quest in Central and

Eastern Europe. LCIF also expanded its partnership with the

Organization of American States (OAS) for additional Lions

Quest prevention work in Latin America.

Lions Quest Major Accomplishmentsin 2008:• Expanded to 50 countries by adding programs

in Austria, Bangladesh and Mexico.• Received recognition from the California

Department of Education and California HealthyKids Resource Center.

• Conducted service learning workshops withRutgers University's Social and EmotionalLearning Laboratory and their Developing Safeand Civil Schools (DSACS) Initiative, designedto build local educational resources forimproving Social and Emotional Learningconditions in participating school districts.

• Joined Community Anti-Drug Coalitions ofAmerica (CADCA) to enhance local communitycoalition building around helping youth resistalcohol and other drugs.

“I automatically apply what I’ve learned through Lions Quest,like not giving in to peer pressure and taking on responsibility

for my actions.”

Marius, Reinstadt, Germany


International Assistance Grants (IAG)provide matching funds from $5,000 to $30,000 for project

partnerships between Lions clubs in a developed country and

Lions clubs in a developing country. IAGs support basic health care;

education and literacy; clean water and sanitation; rural development

and self-sufficiency programs; services for the blind and disabled;

and environmental protection projects. Grants are also awarded for

Lions’ international missions and support Lions’ eyeglass recycling

center efforts.

Grants

JapanA grant for $30,000 supported Japanese Lions 34th medical mission

to the Philippines. Lions from District 334-E, Japan, traveled to

Manila to conduct medical screenings with the help of Lions from

District 301-D2, Philippines. More than 10,000 people benefitted

from the mission.

Republic of KoreaThe Kota Kinabalu Host Lions Club in District 308-A2, Malaysia,

partnered with District 354-D, Korea, and the Seoul Hanam Lions

Club to bring running water and an improved quality of life to the

people of two rural villages. LCIF matched the Lions’ contributions

with a $20,000 grant.

Standard Grants are approved for large-scale

humanitarian projects and are the most common type

of grant awarded. LCIF provides matching funds of up

to $75,000 to expand or initiate Lions’ humanitarian

projects. Standard grants have funded projects for

mobile health units; hospices; nursing homes; medical

and eye clinics; street children's homes; centers for the

blind and disabled; and schools in developing countries.

UruguayA grant for $50,000 purchased a CAT Scan for Artigas

Hospital, located in one of the most remote cities in

Uruguay. The CAT Scan will strengthen healthcare

services in the region, and it will aid more than 1,000

people benefit annually.

New ZealandWith a grant for $50,000, Lions of District 202-J,

New Zealand constructed and equipped a family

guest house for cancer patients from the region.

Approximately 1,000 patients and their families will

use the new Lions apartment each year.

Kentucky, USAA $20,190 grant from LCIF renovated bathroom

facilities at Camp Crescendo. The camp, which

serves children of all ages with disabilities, serves

approximately 2,500 people annually.


Partners/DonorsLCIF would like to express its gratitude to the following

partners that helped to further Lions’ humanitarian

mission and leverage its resources. These partners

also helped propel LCIF to be named the number one

non-governmental organization worldwide to partner with,

according to the Financial Times independent survey.

Partners share a dedication to improving the lives of

individuals in need around the world.

Alcon

Allergan, Inc

The Carter Center

Community Anti-Drug Coalitions of America

The Conrad N. Hilton Foundation

Eil Lilly & Co.

Essilor of America

The Global Health & Education Foundation

Habitat for Humanity International

Johnson & Johnson Asia & Corp.

LensCrafters

Merck & Co, Inc.

Moorfields Eye Hospital Foundation Trust

National Eye Institute

Organization of American States Inter-American Drug AbuseControl Commission

Pfizer Inc.

Rexton, Inc.

Special Olympics International

United States Agency for International Development

U.S. State Department

Women’s Eye Health

World Health Organization

Top 25 Districts with the Largest Percentage Increase in DonationsDistrict Country %IncreaseH-3 Peru 8802LC-4 Brazil 5458315-B4 Bangladesh 4762121 Poland 3383305-N1 Pakistan 1714LD-6 Brazil 1668LB-1 Brazil 1637S-2 Bolivia 1428S-1 Bolivia 1403D-4 Costa Rica 1364107-F Finland 1351B-8 Mexico 1307315-B2 Bangladesh 1260300-F MD 300, Taiwan 1197LD-2 Brazil 1046R-3 Dominican Republic 973124 Romania 968321-C1 India 948T-4 Chile 918323-G2 India 903103-CC France 83451-C Puerto Rico 823B-2 Mexico 702308-B2 Malaysia 689324-D2 India 679

Top 25 Contributing Districts in 2007-2008District Country Donations (US$)334-A Japan 1,603,306330-A Japan 1,220,567335-B Japan 975,991336-A Japan 936,527337-A Japan 931,911354-D Rep. of Korea 841,597335-C Japan 771,906330-B Japan 730,228336-C Japan 689,817333-A Japan 665,238333-C Japan 650,688336-B Japan 618,308336-D Japan 606,043331-A Japan 546,792334-B Japan 539,079111-BS Germany 536,320354-B Rep. of Korea 517,232334-D Japan 511,610337-C Japan 502,332334-C Japan 492,268337-D Japan 482,235330-C Japan 466,938355-D Rep. of Korea 465,930355-A Rep. of Korea 462,554108-IB1 Italy 437,531

“As a fellow Lion, I want to tell youhow proud I am of your success.

This has been one of the mostgratifying partnerships of my life.”

Former U.S. President and Nobel LaureateJimmy Carter speaking of Lions and LCIF’s SightFirst

program


Supporting LCIF

Perform Miracles

Melvin Jones Fellows in 2007-2008:

22,994Total Melvin Jones Fellows:

284,875Progressive Melvin Jones Fellows in 2007-2008:

10,079Total Progressive Melvin Jones Fellows:

51,045Total 100 percent Melvin Jones Fellow Clubs:

216

The Melvin Jones Fellowship Program was established in 1973 in honor of Melvin Jones, the founder

of Lions Clubs International. Melvin Jones Fellowships (MJF) are given to individuals in recognition of unrestricted donations

of $1,000 to LCIF. Such contribution illustrates a significant commitment to humanitarian service and allows LCIF to perform

miracles through service. For each additional $1,000 donation, MJF Progressive status is accrued. There are 100 levels of the

progressive program. When every member in the Lions club becomes a Melvin Jones Fellow, within a fiscal year, the club

becomes a 100 percent MJF Club.

There are many additional ways to support LCIF. The LCIF Cruise with the Chairperson is an annual cruise to benefit the

Foundation. For the last 10 years Lions from the around the world have joined the LCIF Chairperson on an exciting cruise.

The Contributing Membership program is an annual program that recognizes three levels of initial support: $20, $50 and $100.

For each level, there is a different annual pin. Lions who make a planned gift of any size or type are eligible to join the Lions Legacy

Program. The planned giving society was established by LCIF to acknowledge those who make bequest or lifetime gifts. Through

the Matching Gifts program, Lions have their gift matched by their employer, greatly increasing a donation’s value. U.S.

government employees can make donations to LCIF with automatic payroll deduction through the Combined Federal Campaign.

Shoppers can contribute to LCIF with each online purchase at GiveBackAmerica.org

For information on supporting LCIF’s efforts worldwide, please visit www.lcif.org or telephone 630-571-5466. Credit carddonations can be made online at www.lcif.org/donate.

Lions Clubs International FoundationSTATEMENT OF ACTIVITIES Year ended June 30, 2008

Temporarily PermanentlyUnrestricted restricted restricted Total

Revenue, gains and other supportContributions

General $ 2,970,782 $ 3,242,337 $ – $ 6,213,119Campaign Sight First II – 72,253,231 – 72,253,231

Charitable gift annuity, net – (3,796) – (3,796)Lions-Quest, net 789,372 – – 789,372Investment return (18,992,486) – – (18,992,486)Net gain on currency exchange 250,737 – – 250,737Net assets released from restrictions 29,519,264 (29,519,264) – –

Total revenue, gains and other support 14,537,669 45,972,508 – 60,510,177

Expenses and lossesProgram-related expenses

GrantsSightFirst, net of grants adjustments of $1,258,965 23,218,016 23,218,016

and discount adjustment of $413,611Standard, net of grants adjustments of $160,941 6,371,771 – – 6,371,771Core 4, net of grants adjustments of $74,061 3,595,653 3,595,653

and discount of $35,710Emergency, net of grants adjustments of $134,524 1,790,476 – – 1,790,476International assistance, net of grants adjustments

of $13,592 375,637 – – 375,637Designated, net of grants adjustments of $20,783 5,636,756 – – 5,636,756Major catastrophe 1,350,000 – – 1,350,000Humanitarian 200,000 – – 200,000Seed 29,840 – – 29,840

Program servicesSightFirst 2,440,431 – – 2,440,431Lions-Quest 1,247,966 – – 1,247,966Other 656,896 – – 656,896

Total program-related expenses 46,913,442 – – 46,913,442

Non-program-related expensesAdministrative 4,472,462 – – 4,472,462Development 8,403,932 – – 8,403,932

Total non-program-related expenses 12,876,394 – – 12,876,394

Total expenses and losses 59,789,836 – – 59,789,836

CHANGE IN NET ASSETS (45,252,167) 45,972,508 – 720,341

Net assets at beginning of year 215,042,603 70,881,847 1,643,442 287,567,892

Net assets at end of year $169,790,436 $116,854,355 $1,643,442 $288,288,233



Lions Clubs International Foundation

STATEMENTS OFFINANCIAL POSITIONJune 30, 2008

ASSETS 2008 2007

Cash and cash equivalents $ 28,011,123 $ 12,977,052

Accounts receivable 154,075 263,937

Pledges receivable, net 16,807,697 5,027,711Due from non-United States

Lions Clubs districts 2,970,493 1,042,997Due from The International

Association of Lions Clubs 2,095,710 3,392,528

Accrued interest receivable 1,787,645 1,206,788Inventory, net of reserve

of $239,345 in 2008 and$388,048 in 2007 922,533 922,477

Investments 288,331,359 308,497,467

Property and equipment, net 1,873,061 2,756,188

Goodwill 943,839 982,755

Other assets 467,513 494,214

TOTAL ASSETS $344,435,048 $337,564,114

LIABILITIES AND NET ASSETS

Accounts payable $ 608,142 $ -

Accrued expenses 20,910 14,972

Grants payable, net 55,198,569 49,730,943

Charitable gift annuities 319,194 250,307

Total liabilities 56,146,815 49,996,222

Net assets

Unrestricted 169,970,436 215,042,603

Temporarily restricted 116,854,355 70,881,847

Permanently restricted 1,643,442 1,643,442

Total net assets 288,288,233 287,567,892

TOTAL LIABILITIESAND NET ASSETS $344,435,048 $337,564,114

Lions Clubs International Foundation

STATEMENTS OF CASH FLOWYears ended June 30, 2008

2008 2007Cash flows fromoperating activities

Change in net assests $ 720,341 $ 49,740,293

Adjustments to reconcilechange in net assets to netcash provided by operatingactivities

Depreciation and amortization 951,344 1,016,823

Net realized and unrealized(gains) losses on investments 35,354,314 (36,481,742)

Changes in operating assetsand liabilities

Accounts receivable 109,862 5,081

Net pledges receivable

Interest receivable (580,857) (101,164)

Due from United-StatesLions Clubs districts (1,927,496) (644,388)

Inventroy (70,056) (325,697)

Accounts payable andaccrued expenses 614,081 (12,825)

Grants payable 5,467,626 1,265,799

Charitable gift annuities 68,887 18,294

Due to/from The InternationalAssociation of Lions Clubs 1,296,818 (2,056,063)

Net cash provided byoperating activities 30,224,878 9,973,606

Cash flows from investingactivities

Change in investment cash (15,188,207) (6,541,507)

Net purchases of property,plant and equipment (2,600) (41,882)

Net cash used in investingactivities (15,190,807) (6,583,389)

Increase in cash and cashequivalents 15,034,071 3,390,217

Cash and cash equivalentsat begining of year 12,977,052 9,586,835

Cash and cash equivalentsat end of year $28,011,123 $ 12,977,052

LIONS CLUBS INTERNATIONAL FOUNDATION300 W. 22nd StreetOak Brook, Illinois 60523-8842 USA630.571.5466www.lcif.org

Editors: Nicole Brown & Alecia DimarDesign: Lisa SmithPhotography: Daniel S. Morris, LCIF Staff

“Building a Stronger Foundation,Creating a Better WORLD.”

Date post:	15-Mar-2018
Category:	Documents
Upload:	phungque
View:	227 times
Download:	4 times

Lions Clubs International · PDF fileLions Clubs International Foundation Annual Report 1 ......

Documents