The Rotary Foundation
As a Rotarian, one of the first things we learn about is The Rotary Foundation. We are told how much good it does in the world, and we should consider giving to The Rotary Foundation. Most Rotarians support The Foundation through a one-time gift, regular giving as a sustaining member, or through estate planning. But there are some that don't. Their reasons vary, but often it comes down to a new simple lack of knowledge of The Foundation and what it does.
PDG Jerry Franklin speaks to the Rotary Club of Fulton on The Rotary Foundation.
The Rotary Club of Fulton recently took an opportunity to educate members about The Rotary Foundation. We were honored to be joined by former District Goveror Jerry Franklin who shared his knowledge of and personal experiences working with The Rotary Foundation.
At the 1917 convention, outgoing Rotary President Arch Klumph proposed to set up an endowment “for the purpose of doing good in the world." One-hundred years later The Rotary Foundation has accomplished Klumph's vision on a scale beyond anything he likely envisioned.
According to Charity Navigator, The Rotary Foundation has a four-star rating and an overall 97.87 out of 100 rating.
It spends 90.1% on its programs and services, while only 3.3% is seen on administrative expenses.
Fundraising expenses are 6.5%, making The Rotary Foundation's fundraising efficiency $0.06. This means for every dollar raised it costs The Rotary Foundation $0.06
Today, The Rotary Foundation is a non-profit corporation, which is funded entirely from voluntary donations from members and non-members to support the mission its mission to advance world understanding, goodwill, and peace.
The Rotary Foundation uses grants to distribute funds to the 34,000 Rotary Clubs around the World to design and execute sustainable humanitarian projects focusing on peace fighting disease, providing clean water, improving maternal and child health, improving education, and local economies.
Through its Polio Plus intiative and global partnerships with the World Health Organization, UNICEF, the Centers for Disease Control, and the Gates Foundation, The Rotary Foundation has managed to nearly eradicate polio. Since 1988, The Rotary Foundation and its partners have been able to vaccinate more than 2.5 billion children, reducing the incidences of polio by 99%, and eradicating it from all but three countries.
The Rotary Foundation also funds scholarships and other educational opportunities to train young scholars to accomplish the Foundation's Mission. The Rotary Peace Foundation, which is funded by The Rotary Foundation, enables Fellows to pursue master's degree or profession certificate at one of many partner universities. These Fellows often become world leaders, working to promote peace and conflict resolution around the World.
During his conversation with our club, PDG Jerry Franklin, used Rotary Duck to remind us of the many ways to give to The Rotary Foundation. At the beginning, Rotary Duck was a blank slate, and we were instructed to write SM on its body to remind us to be sustaining members of The Rotary Foundation by giving a minimum donation of $100 per year, something every Rotarian should consider as part of their charitable giving.
PDG Jerry Franklin and members the Fulton Rotary Club pose with Rotary Duck, which serves as a reminder of how we, as individual Rotarians, can give to the Rotary Foundation.
Next, we were asked to write the initials PP on Rotary Duck's body to remind us of Polio Plus and just how close we are to eradicating this horrible disease. The third set of initials written on Rotary Duck were PHF, reminding us of the recognition a Rotarian receives once he or she has given $1,000 to The Rotary Foundation. Finally, we wrote the initials BS, for Bequest Society, on Rotary Duck to remind us to consider remembering the Rotary Foundation in our estate plans. The following gift types of $10,000 or more are eligible for Bequest Society Membership: Bequest commitments (e.g. Wills, Living Trusts, Retirement Plan assets), and Whole and Universal Life Insurance.
In closing, Rotarians have many charitable organizations to consider when seeking a place to place their charitable donations. The Rotary Foundation has proven in its 100 year history worthy of consideration. As a member of Rotary International, each of us should designate a portion of our charitable giving to the Rotary Foundation and do our part to promote peace, goodwill and conflict resolution around the World.