DG Bernie's
Message
FUNDING OUR
FOUNDATION
I am sure you join with me
in acknowledging the support given by The Rotary Foundation and the
generous funding of the various programmes that are established to
promote world understanding and peace throughout the world. The Rotary
Foundation (TRF) is the only charitable organisation funded by
contributions from Rotarians for programmes and projects identified by
Rotarians and administered by Rotarians at the project site.
First and foremost let me
make the statement that all contributions made to the Foundation are
voluntary. There is no funding that goes to the Foundation from dues or
subscriptions.
But where do the funds
come from to support such a well of charitable assets?
Annual Giving by
Clubs go to the Annual Programs
Fund and Clubs receive credits towards Paul Harris Fellow Recognitions.
Clubs are free to give what they can but are asked to consider
contributions amounting to around $AU150 per member each
year.
Centurion
Club membership is an
individual donation of a minimum of $AU100 each year and these
contributions count towards PHF credits for that individual.
Arrangements have also been made to make these donations Tax Deductible
in Australia. Centurions receive a specially designed pin to wear and a
Certificate.
Paul Harris Fellow
Recognition requires a gift of
$US1,000 to allow a person to be recognised or to be able to nominate
some other person for recognition.
Testamentary
Gifts are those where the
person has included The Rotary Foundation in their Will where at least
$US1,000 has been bequeathed. These persons are named Benefactors and
funds are invested in perpetuity as Permanent Fund Gifts.
Other gifts by
individuals include Major Donor
commitments of $US10,000 or more, Life Income gifts or outright gifts of
property and investments.
There are other forms of
gifts and many forms of recognition for those gifts and these are part
of the lifeblood that supports the work of Rotary and enables the many
projects that are undertaken for those less fortunate than
ourselves.
I have emphasised the
following four points about the Foundation during my visits to all
Clubs:
1. All contributions to
the Foundation are voluntary.
2. All capital contributed
comes back to Rotary to fund the various projects and programmes of
the Foundation.
3. Costs of running the
Foundation are funded by some of the interest earned by the
capital.
4. The Rotary Foundation
is OUR OWN CHARITY.
Further information can be
sought from PDG John Wigley who is the Chairman of the Contributions
Committee on Foundation.
Let us Lead The
Way by experiencing the joy of giving.
Bernie Walshe
District
Governor