## Foundation Presentation: Club and Rotary Foundations
### Overview by Bill and Christine
- **Rotary International Foundation**
- Large international foundation.
- Donations contribute to Paul Harris Fellows, Major Donors, Arch Klump's.
- Supports polio eradication, international grants, water projects, peace initiatives.
- **Arden Arcade Rotary Club Foundation**
- Funded by local fundraising (golf tournament, poker tournament).
- Supports local projects: Laurel Ruff Christmas party, coats for kids, dictionaries, community grants, scholarships.
- Current fund size approx. $780,000.
- Goal to fund projects through investment growth.
- **Ray McClure Foundation**
- Founded by first club president with $25,000 gift.
- Funds scholarships at American River College.
- Currently valued at approx. $361,000.
- Awards five scholarships annually to single parents/head of household students.
### Financial Details
- Happy bucks/sad bucks go to club operating account.
- Bell ringer donations go to club foundation.
- Club foundation donations do not count toward Rotary International recognitions.
### Legal and Operational Structure
- Club foundation is a 501(c)(3) nonprofit.
- Foundation board oversees; club board manages daily activities.
- Memorandum of Understanding defines responsibilities.
- Seed money maintained for operations ($10,000 club, $30,000 foundation).
- Excess funds at year-end invested into foundation accounts.
### Recent Financial Performance
- Last year $40,000 contributed to foundation investment after expenses and grants.
- Administrative expenses (~$90,000) cover lunch, dues, pins, event fees.
- Foundation administrative fees approx. 4%, with 96% directed to mission.
- No paid staff; all volunteer-run.
### Fundraising and Donations
- Encouragement to consider donations via checks, IRAs, or trusts.
- Ben and Heather available for assistance with planned giving.
### Questions and Suggestions
- Discussion on showcasing scholarship recipients at meetings to encourage donations.
- Potential for student presentations in spring.
- Importance of reaching $1 million investment goal to sustain annual giving without fundraisers.
- At 4% withdrawal, $1 million endowment supports ongoing project funding.