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Rotary Foundation. Rotary Foundation. Created in 1917 1919 first grant: $500 to Internat’l Society for Crippled Children Supported solely by voluntary contributions $26.50 in 1917 2008/2009 donations: $99M to Annual Fund 12M to Permanent Fund. Rotary Foundation Mission.
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Rotary Foundation • Created in 1917 • 1919 first grant: $500 to Internat’l Society for Crippled Children • Supported solely by voluntary contributions • $26.50 in 1917 • 2008/2009 donations: • $99M to Annual Fund • 12M to Permanent Fund
Rotary Foundation Mission Enable Rotarians to advance world understanding, goodwill, and peace through the improvement of health, the support of education, and the alleviation of poverty.
Focus Areas • Peace & Conflict Prevention & Resolution • Disease Prevention & Treatment • Water & Sanitation • Maternal and Child Health • Basic Education & Literacy • Economic & Community Development
Rotary Foundation Humanitarian Education / Culture
Rotary Foundation Humanitarian Education / Culture Polio
Rotary Foundation Humanitarian Education / Culture Polio
Annual Programs Fund • Primary source of unrestricted support to the Foundation • 100 percent spent directly on Foundation programs • Three-year cycle • Funds are invested for three years • Investment earnings pay for administrative costs • 50% returned to District as ‘DDF’ • 50% to Foundation’s World Fund
Annual Programs Fund Earnings pay for TRF administration YEAR 1 YEAR 2 YEAR 3 50% 50% SHARE District Designated Fund (DDF) World Fund
Sources of Annual Fund Support • Individual Giving • Checks • Credit card • Securities • TRF-DIRECT • Checking or savings account • Credit card account
Annual Programs Fund Paul Harris Fellow - $1,000+ Major Donor - $10,000+
Annual Programs Fund • Sustaining Member • Agrees to contribute a minimum of $100 every year • Paul Harris Society Member - $1,000 • Agrees to contribute a minimum of $1,000 every year
Account No. NAME Recognition Current PHF Foundationn Amount PHF Level Date Recognition Points ------------------------------------------------------------------------------------------------------------------------------------------ XXXXX R/C of Bull Run - 2,762.60 XXXXXX Doe, John $2,000.00 PHF+1 Dec 2001 900.00 Foundation Report
Rotary Foundation Humanitarian Education / Culture Polio
Permanent Fund Outright Gifts • Cash ($1,000 minimum) • Securities • You avoid paying capital gains taxes • You receive a charitable tax deduction • Real estate • At least $25K ($10K for undeveloped land) • Tangible personal property • Jewelry at least $10K • Artwork at least $25K
Permanent Fund Life Income Agreements • Charitable Gift Annuity • Receive fixed payments for life from your gift of cash or marketable securities • Deferred Charitable Gift Annuity • Postpone payments until a later date when income will be needed. • Charitable Remainder Trust • Income for your lifetime or a term of years • A strategy for incorporating charity into estate plans.
Permanent Fund Life Income Agreements Benefits to Donor • Annual income • Federal income tax deduction • Potential estate tax savings • Increased income from low-yielding assets • Avoidance or reduction of capital gains taxes
Permanent Fund Bequests • Through wills or living trusts • Various forms: • Specific bequest for cash or specific piece of property • Residual bequest designate all or a portion of whatever remains after all debts, taxes, and expenses have been paid • Contingent bequest takes effect only under certain conditions
Permanent Fund Credit Card Program • Everyday purchases to raise money for The Rotary Foundation and points to the holder. • The Rotary Foundation has received $5M through the credit card program.
Permanent Fund Recognition • Benefactor - $1,000 • Bequest Society $10,000 or more
Rotary Foundation Humanitarian Education / Culture Polio
Humanitarian Programs • Matching Grants • District Simplified Grants
Humanitarian Programs Matching Grants • Address humanitarian needs that benefit a community • $5,000 - $150,000 • Matches Club (.5 to 1) or District (1 to 1) funds (up to $150K) for the project • Based on international partnership between Clubs or Districts • Can be ‘World Community Service’ projects http://www.rotary.org/en/ServiceAndFellowship/ProjectResources/ProjectLINK/Pages/ridefault.aspx
Humanitarian Programs District Simplified Grants • District: Up to 20% of ‘DDF’ • Club: Funds 10% • Humanitarian Endeavors • Local community • International community • Direct Rotarian involvement • Implementation • Oversight of grant funds
Rotary Foundation Humanitarian Education / Culture Polio
Educational Programs • Ambassadorial Scholarships • Group Study Exchange • World Peace Fellowships
Educational Programs Ambassadorial Scholarships • World's largest privately funded international scholarships program for university level studies. • $26K for one year scholarship • 2008-09: 651 scholars in 87 countries
Educational Programs Group Study Exchange • Four to six weeks international cultural and vocational exchange • Young business and professional men and women • Foundation pays for teams’ travel • Local Rotarians in the host area provide for meals, lodging, and local travel
Educational Programs World Peace Fellowships • Master's degree programs • International Relations • Peace and conflict resolution • 60 scholars per year to study at one of the Rotary Centers
Educational Programs World Peace Fellowships Six Rotary Centers for International Studies in Peace and Conflict Resolution • USA Duke-UNC • England • Japan • Australia • Argentina • TBD University
Rotary Foundation Humanitarian Education / Culture Polio
PolioPlus • Started in early 1985 • Rotary's contributions will exceed $600M • PolioPlus Partners • Clubs & Rotarians support immunization activities
PolioPlus • World Health Organization • United Nations Children's Fund • U.S. Centers for Disease Control and Prevention • Bill & Melinda Gates Foundation • Gates Foundation has donated $355M • Matching challenge $200M ($126M thus far) • Governments around the world
Rotary Foundation Humanitarian Education / Culture Polio
Rotary Foundation World Understanding Goodwill Peace