Rotary Foundation Presentation
 
 
PDG John Rickard presented some interesting facts about The Rotary Foundation.
 
The Rotary Foundation is separate from Rotary International. Quite simply, The Foundation gathers money and distributes it.
 
The benefactors include:
 
  • The Annual Fund  [US $100 per annum from each member. John reminded us of our $43 per member contribution]
  • Centurion members [US$100 p.a.]
  • Endowments
  • Polio Fund: a separate account [Every dollar qualifies two dollars from the ‘Gates Foundation’.
 
These funds accrue over three years and the interest raised pays for the running costs. Surplus funds are then distributed: 50% to global grants (these are long term with a US$30,000 minimum) and 50% to district grants [these are short term.
 
This year District Designated Funds total US$27,000. This means we could apply for about $3,000 this year.
 
Strategic partners include UNESCO, WHO, and The Gates Foundation.
 
Currently our District grant is being used to help alleviate obesity in the Pacific islands.
 
John put the question: “What is your charity of choice?” and suggested: “Make it the Rotary Foundation. Consider making an endowment in your will.”
 
In conclusion, John gave us some valuable tips:
 
  • Put money in regularly
  • Plan your project early
  • Be innovative. Bold. Present a new project
  • Involve Rotarians
  • Have your funding ready
  • Try a Multi-Club initiative.
 
For additional information check the RF website here.