KIWANIS MAGAZINE Voices message
Higher standards; true values
To promote the
adoption and the
application of higher
social, business and
Accountability, responsibility, transparency: These are Kiwanis values.
Nonprofit organizations like Kiwanis
realize that the publication of an annual
independent financial audit is not just a
It is an absolute necessity. The need for transparency requires
Kiwanis to cling to its third Object, adopted in 1924. We remain an organization applying social, business
Our members and members of the general public who support local
and global large or
to have confidence that we
are responsible stewards of their funds as
well as their trust. Kiwanis leaders at all
levels are expected to make prudent decisions and to determine the financial impact and consequences of whatever decision is made. The obligation to report, explain and be answerable for resulting
consequences, financial or otherwise, is the very essence of transparency.
Accountability is not limited to accurate financial accounting. Moral accountability is equally important. While one might find it easy to dodge
responsibilities, one should find it hard to dodge the consequences of dodging responsibilities.
This issue of the Kiwanis magazine provides a condensed balance sheet
and statement of financial activities for the prior fiscal year. It is a statement that once again shows general financial stability with an underlying
concern about unrestricted revenue shortfalls. It is obvious that our organization remains much too dependent on dues revenue from a declining
Acting responsibly under these circumstances requires your Kiwanis International Board of Trustees to prioritize and monitor expenditures carefully so that maximum value is provided to our member clubs. As the late
Steven Covey put it, breeds
As Kiwanis International continues to provide the services and benefits to
its clubs and their members, you can be assured that your leaders will strive
to be responsible stewards because as Kiwanians, we are accountable to the
meaning of the third Object of Kiwanis.
Tom DeJulio Kiwanis International President