Rotary Foundation Update

Congratulations Rotarians you had a stellar year creating new records in four out of five categories of aggressive targets for giving to support our charity, The Rotary Foundation.

The Endowment Fund Goal was $50,000, with actual donations being $76,140. This does not include commitments made by our generous members through estate planning of $780,000.

The Polio Plus Goal was $75,000, with actual donations being $93,198. The district also donated $17,500 of available District Designated Funds (DDF) making a total of $110,198.

The Annual Fund Goal was $500,000, with the actual donations being $411,452. This is the third highest annual donation and there is still a chance for this figure to grow because The Rotary Foundation has not yet entered all of the donations for the month of June.

Other donations, where there was no goal set totaled $46,190

The total donations Goal was $625,000. The actual total donations were $626,980.

 2014/15 Actual 2015/6 Actual 2016/17 Goals 2016/17    Year to Date %
Annual Fund  $    372,011  $    422,711  $    500,000  $    411,452 82 %
Endowment Fund  $      36,050  $      37,510  $      50,000  $      76,140 152 %
Polio Plus  $      48,196  $      63,383  $      75,000  $      93,198 124 %
Sub Total  $    625,000  $    580,790 93 %
Other  $      24,100  $         8,425  $      46,190
Total  $    480,357  $     532,029  $    625,000  $    626,980 100%

 

Now for a summary of how you used those dollars available to clubs based on previous year’s donations to the Annual Fund. Collectively you put the money to work – making a difference in communities locally and world-wide.

The District Grants Committee approved 31 District Grants from 21 qualified sponsoring clubs with an additional 12 other clubs participating as contributors, resulting in 72% of District 7710 Rotary Clubs (33 out of 46) being involved in the District Grant process. Total District Designated Funds allocated was $104,581 for projects totaling $279,411.

The District Grant projects breakout into the following categories, of which four of the projects were International District Grants:

  • Community Building – 13 Projects       (42%)
  • Education – 8 Projects        (29%)
  • Food and Nutrition – 5 Projects        (16%)
  • Alzheimer’s Disease and Senior Care           – 4 Projects        (13%)
  • Disease Prevention and Treatment              – 1 Project          (3%)

 

The District Grants Committee approved four Global Grants sponsored by District 7710 Rotary clubs, which were subsequently approved by The Rotary Foundation. Additionally, two other GGs were partially funded by District 7710 at the request of District Leadership. The District Scholarship Committee approved one Global Scholarship.

 

Total District Designated Funds allocated was $49,800. The total amount of the projects supported was $742,347 and $28,455 was paid into the Annual Fund as part of the exchange program. In exchange for receiving District 7710 Global Grant District Designated Funds the clubs contributed 57% of the District Designated Fund amount which they donated to The Rotary Foundation’s Annual Fund. These funds bolster the regular giving from District 7710 members and clubs to the Annual Fund, increasing the amount of District 7710 giving.

Thank you to all of you who made donations and/or commitments to the Foundation. Each of us may have slightly different reasons why we support the Foundation, perhaps different areas of focus that appeal to our own humanitarian goals.

But what we have in common is the certainty that what we give will have the protection of an organization with a reputation for strong, open financial stewardship.

The Rotary Foundation gets the highest rating from independent organizations that assess how effective and efficient charities use donations. We can all take pride in why we give, what we give and how our gifts make a difference in the world.

The Rotary Foundation – For This Year

By Newman Aguiar

Thank you for your ongoing support of our Foundation. During the past 100 years, our Foundation has spent over $3 billion on life-changing, sustainable projects.

The Rotary Foundation transforms your gifts into service projects, led by Rotarians, that change lives both close to home and around the world. Because of your annual contributions, we are able to make lives better in our community and around the world.

District Governor Shafi Parekh has set some ambitious goals for our District this Rotary year:

  • Increase annual giving to the Annual Fund (SHARE) to $500,000.
    • In the 2016-17 Rotary Year the District gave $410,842
  • Obtain annual giving in the Endowment Fund at $50,000
    • In the 2016-17 Rotary Year the District gave $76,140
  • Obtain annual giving to Polio-Plus at $75,000
    • In the 2016-17 Rotary Year the District gave $93,198

Because of your generosity, we surpassed our 2016-2017 goals for Polio-Plus and the Endowment, under the leadership of District Governor Rusine Mitchell-Sinclair and District Rotary Foundation Chair Barry Phillips.

Your contributions to The Rotary Foundation will be vital to surpassing our 2017-2018 goals and continuing our strong tradition of doing good in the world.

To support our clubs, this year we have designated Area Foundation Chairs to work closely with your Club Foundation Chair. I am very grateful to the Rotarians who have agreed to serve in this new role:

Area 1:    Stanley Morton – Roxboro

Area 2:    Louis Mullinger – Wakefield / Wake Forest

Area 3:    William Smith – Central Johnston County

Area 4:    Jerry Jones – Garner

Area 5:    Leroy Reshard – Fuquay-Varina

Area 6:    William Palmer – Chapel Hill-Carrboro Sunrise

Area 7:    Dallas Stallings – Durham

Area 8:    Lisa Higginbotham – Apex Sunrise

Area 9:    Cleve Folger – Cary

Area 10:  Randy Lickey – Capital City – Raleigh

Your annual gifts, and the gifts of every Rotarian in our District, make it possible for us to support the many transformative projects that our clubs undertake to improve lives in our community and around the world. The impact is evident in the smiles of the children who received dictionaries, books and educational support through our projects that support literacy, and the joyful sounds of children playing on the new equipment we installed in the playground we built, and the realization that the food we packed will feed families in our community who are struggling with food insecurity, and the knowledge that fewer families will suffer from water borne diseases because of the clean water and sanitation we helped provide, and so much more.

“At the 1917 convention, outgoing Rotary president Arch Klumph proposed setting up an endowment ‘for the purpose of doing good in the world.’  That one idea, and an initial contribution of $26.50, set in motion a powerful force that has transformed millions of lives around the globe.”

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