PRID Julia D. Phelps appointed as TRF Trustee
==================================================================================== Rotary Foundation is the best steward for your money. Here’s why. In 2016, The Rotary Foundation received the highest possible score from Charity Navigator – 100 of 100 points – for its strong financial health and commitment to accountability and transparency. It was the ninth straight year the Foundation earned a four-star rating from the independent evaluator of charities across the U.S., a distinction only 1 percent of charities have attained. The Association of Fundraising Professionals likewise
named the Foundation the World’s Outstanding Foundation for
2016, an award previously given to other familiar names such as
Kellogg and MacArthur. Directing your donation There’s a reason Rotarians donate to The Rotary Foundation: It’s a simple way to achieve your philanthropic goals-whether it’s supporting clean water, eradication of polio, or particular global grant. “Even the smallest of gifts can be donated to a specific fund – a global grant, polio, or an area of focus within the World Fund,” says April Jensen, a member of the Rotary Club of Evanston, Illinois, USA, who works in fund development for the Foundation. You can also leave your gift unrestricted so that the Foundation has the flexibility to use the money where it is needed most. Do you ever wish you could set up a scholarship or your own family’s foundation but don’t want the headache of administering it? Let The Rotary Foundation handle it. When you make a gift over $25,000, you will receive personalized reports detailing the projects you are supporting. You can make your gift in the way that suits your financial situation best – such as cash, stocks, or bequests. Investing your money In 2015-16, 91 percent of the money the Foundation spent went to programs and grants, with only 9 percent of expenses going toward administration. How does the Foundation make sure that the bulk of your donation supports the sustainable programs you want it to? “To ensure that the funds for the project are there when needed,” says past Rotary International President Ron D. Burton, chair of the Foundation’s Investment Committee, “all contributions to the Foundation’s Annual Fund are invested for three years.” The Investment Committee includes three Foundation
trustees and six Rotarians who are professionals in the field, who
make sure that your money is invested responsibly during this period. Copyright © 2003-04
Rotary eClub NY1 * Updated 2017 |