 Why? Why support the Foundation?  What? What does the Foundation do?  How? How can we get involved?  Who? Who makes a difference and who does it benefit? The Rotary Foundation Fuquay- Varina Club

Foundation ; Mission: “To enable Rotarians to advance world understanding, goodwill, and peace through the improvement of health, the support of education, and the alleviation of poverty.” A not-for-profit corporation. The ABC’s of the Rotary Foundation

Causes (6 focus areas), Peace and Conflict Resolution Disease Prevention and Treatment Water and Sanitation Maternal and Child Health Basic Education and Literacy Economic and Community Development Why support?

 Consolidates donations and commitments in 3 Funds Annual Fund (AF); Endowment Fund (EF) and Polio-Plus (PP).  Invests AF for 3 years, using revenue to meet operating costs  In 4 th year makes 50% of district AF contributions available to be used for District Grants (DG) and Global Grants (GG) through District Designated Funds (DDF)  Invests the EF corpus and uses the revenue to run Foundation and support programs  PP gets $2 for $1 match from the Gates Foundation and spends on Polio Eradication in Pakistan and Afghanistan What does the Foundation do?

Annual Fund - SHARE World Wide $115 million + Invested for 3 years – revenue offsets TRF admin costs 4 th year 50% of D7710’s AF contributions available (e.g. 178k); 50% to World Fund D7710 SHARE committee (DGs + DRFC); $25k = Peace center; 89k = District Grants; 64k = Global Grants. The ABC’s of the Rotary Foundation

District vs Global Grants  District Grants  Domestic or International  Must have Host Rotary Club if International  Must spend $ in Rotary year  No Foundation matching  District match up to $2K/per club/per project  Request by May 1 each yr.  Project must be completed by 5/15 each yr.  Final report by 5/31 each yr.  Surplus rolls to Global Fund  Global Grants  Support areas of focus  Must be International  Can be multi-year projects  Must report every 12 months  World Fund matching  Minimum $30K projects  Maximum $400K  Proposals due in May  Online application process

Grants: District Grants; D7710 gets “block grant” in July and distributes. Max $2,000 per club/per project. Club applications are due in May. Global Grants. Min $30,000 Max $400,000 matched from Global Funds held for D7710 by TRF. Club proposals are due in May. Packaged Grants. No funding by Club or District – partnered with other organizations – PGs are being phased out The ABC’s of the Rotary Foundation

Grants: Club Qualification and MOU. 2 Club Representatives (one of whom must be the Club President Elect) must attend annual training. They complete a Memorandum of Understanding. (MOU). Club applications for DGs and GGs are due in May. The ABC’s of the Rotary Foundation

Memorandum of Understanding  Terms of Qualification  Leadership Responsibilities  Financial Management  Document Retention  Report on Use of Grants  Reporting and Resolving Misuse

Timelines PE + one club member must attend Grants training (October or February) Club applications for DGs and GGs are due in May. DGs must be completed by the following May. GGs can be multi-year but require annual reporting The ABC’s of the Rotary Foundation

For a Global grant to be approved it needs to meet 2 key criteria. 1.It deals with at least one of the 6 areas of Focus 2.It must be sustainable i.e. meet the following criteria Sustainability Community needsLocal sponsors – needs assessment Materials/technologyLocally sourced FundingOngoing for maintenance etc., KnowledgeTraining/ education MotivationIncentives; handover to locals Monitoring & evaluationSMART goals: Specific; Measurable; Actionable ; Realistic; Timely

Donations. TRF Direct (Brochure 998-EN-USA-109) Recognition. Sustaining member ($ 100/yr) Paul Harris Fellows and Society ($1,000) Major Donors ($10,000) Arch Klumph Society ($ 250,000) DDF (District Designated Funds) 50% of total of Donations to THE ANNUAL FUND - SHARE in any given Rotary Year available to the District on 4 th year after they were donated. How to get involved

Donations. “Points” Gifts to the Annual Fund, PolioPlus or an approved Global Grant generate Foundation Recognition Points at a rate of one point per dollar. Points can be transferred to a second person’s record one time. Many times point transfers are used to honor someone by making them a Paul Harris Fellow, or to incentivize giving through matching programs. How to get involved

Endowment Fund. Equivalent to TRF’s savings account. Revenue available to support programs, but capital only used strategically (and rarely) EREY Every Rotarian Every Year How to get involved

CRUT Charitable Remainder Unit Trust. CRAT Charitable Remainder Annuity Trust. CGA T Charitable Gift Annuity.. Tax efficient estate planning instruments Win-Win-Win for individual Rotarians Long – term support

CGA - Charitable Gift Annuity The minimum age is 50 years old and the minimum gift size is $10,000 (Major Donor recognition ) At present rates for TRF CGAs are running from around 3% for a 50 year old to more than 7% for a person of advanced years. Tax efficient estate planning instruments Win-Win-Win for individual Rotarians Another Win-Win-Win

Benefactors and Bequest Society Benefactors donate at least $1,000 to the Endowment Fund or leave minimum $1,000 in their will to the Rotary Foundation Bequest Society members leave a minimum of $10,000 in their will to the Rotary Foundation Non-cash ways to support

Give – irrevocable, tax-deductable contribution; minimum $10,000 Grow – Advise TRF; 4 professionally managed portfolios Recommend grants to IRS approved charities of your choice Support TRF – annual grant of $250 $25,000 DAF can support a PHF annually Donor Advised Fund (DAF)

15 Trustees, each nominated by the president-elect and elected by the board in the year prior to taking office. Four of the trustees shall be past presidents of RI. The terms of the trustees shall be four years. Trustees may be reappointed. A Not-for-Profit organization Foundation - structure

Rotary does good work – and does it well. Score (out of 70) Overall60.34 Financial56.34 Accountability &70.00 Transparency

Rotary does good work – and does it well. Financial Performance Metrics Program Expenses 92% (Percent of the charity’s budget spent on the programs and services it delivers) Administrative Expenses 2% Fundraising Expenses 6% FY Ending June 2012

The Duke/UNC Rotary Peace Center There is a separate Peace Center Fund whose goal is to raise $150 million by 2017 (Currently $139 m about 50/50 donations/commitments. D7710 is pioneer District giving $25,000 a year from available DDF Local example of Foundation’s Long- term committments