Rotary Foundation of Rotary International meets the 20 Standards for Charity Accountability.
Rotary Foundation of Rotary International (Rotary Foundation) funds grants to prevent disease, provide clean water, support education, grow local economies, save mothers and children, and promote peace. The organization contributes resources to polio eradication activities in 122 countries. Rotary Foundation reports that Rotarians partner with their national ministries of health, international aid organizations, and health providers at the grassroots level in thousands of communities. Rotary Foundation's educational programs provide services to those individuals who apply for funding and logistical support to undertake a term of study or teaching abroad that is enhanced by becoming involved with Rotary before, during, and after their travel. Educational programs staff, in conjunction with Rotarians, Rotary clubs, and Rotary districts, provide assistance through scholarship, fellowship, and grant processes. The organization's humanitarian grants program provides grants to Rotary clubs and districts to implement humanitarian projects.
For the year ended June 30, 2019, Rotary Foundation of Rotary International's program expenses were:
PolioPlus program |
$152,979,000 |
Rotary Grants |
$136,788,000 |
Other Programs |
$11,599,000 |
Total Program Expenses: |
$301,366,000 |
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Chief Executive
John Hewko, General Secretary and Chief Executive Officer
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Compensation*
$570,099
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Chair of the Board
Brenda Cressey
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Chair's Profession / Business Affiliation
Former CEO, Office Support Systems
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Board Size
15
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Paid Staff Size
296
*2018 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Planned giving arrangements, Print advertisements (newspapers, magazines, etc.), Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 6% of related contributions. (Related contributions, which totaled $321,901,000, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Rotary Foundation of Rotary International's audited financial statements for the year ended June 30, 2019.
Source of Funds |
Contributions |
$320,058,000 |
Net investment return |
$37,975,000 |
Split-interest agreements |
$1,843,000 |
Grants and other activities, net |
$640,000 |
Total Income |
$360,516,000 |
- Programs: 90%
- Fundraising: 6%
- Administrative: 4%
Total Income |
$360,516,000 |
Program expenses |
$301,366,000 |
Fundraising expenses |
$19,049,000 |
Administrative expenses |
$14,790,000 |
Other expenses |
$0 |
Total expenses: |
$335,205,000 |
Income in Excess of Expenses |
$25,311,000 |
Beginning Net Assets |
$1,127,298,000 |
Other Changes In Net Assets |
$-2,334,000 |
Ending Net Assets |
$1,150,275,000 |
Total Liabilities |
$135,258,000 |
Total Assets |
$1,285,533,000 |
Note: In the above financial section, ‘other changes in net assets’ refers to foreign currency exchanges losses (-$661,000) and a reserve against pledges receivable (-$1,673,000).