TRF – Follow the Money
The Rotary Foundation is one of the few foundations that gives away nearly 100% of its annual programs collected contributions. Contributions from any one year are invested for three years before being allocated for programs. Investment earnings are used for administrative costs.
After the three year investment period, 50% of the donated funds from three years earlier are returned to the Rotary districts from which they came. Those contributions are used for local projects as determined by the clubs and the district. The other 50% is used for World Fund programs.
Here is an example:
The 2012-2013 fiscal year was a very one for Rotary, leaving it financially strong to do good in the world. Contributions to the Annual Fund set another new record, surpassing US$115.1 million. In Rotary year 2015-2016, 50% of those dollars will be returned to the district from which it came; over US$57.5 million. The other $US57.5+ million will be used through the World Fund to support projects like Global Grants.
For Rotary year 2013-2014, District 5320 alone contributed over $405,000.00. Therefore, in Rotary year 2016-2017, District 5320 will be receiving, from TRF, an amount of money in excess of $202,500 DDF (District Designated Funds) for use by our District 5320 and by our District’s clubs.
Our District 5320 may use its DDF to fund the District portion of Global Grants, District Grants, or any number of a variety of scholarships and/or a humanitarian grants/projects at the discretion of the District leadership with input from the clubs.
The good that Rotary does in the community, the state, the country and around the world is truly multi-level, multi-faceted, deep and far reaching. “Awe inspiring” would certainly be a fair and appropriate term to use to describe Rotary’s work.
Wouldn’t you think EVERYONE would want to become a Rotarian if only someone told them about Rotary and gave them the opportunity to make a difference / lend a hand / and lead the way. Someone encouraged you to become a Rotarian, why don’t you pass on that good deed my encouraging someone else?