Rotary Information Weekly
THE ROTARY FOUNDATION - ENDOWMENT FUND
We all understand the importance of supporting the Annual Fund and Polio Fund but the Endowment Fund offers outstanding value as well. Its Annual Report has just been
released too. As at 30 June 2018 promised commitments to the fund stood at US$805m and market value of investments was US$466m making a total value of US$1,271m
By permanently investing the contributions, the Endowment gives future generations of Rotarians the certainty of funding that will allow them to design and implement innovative projects, year after year.
In 2017/18, earnings from these investments provided US$15.6 million in support for the World Fund, SHARE, Areas of Focus, Rotary Peace Centers, Global Grants and Polio.
A gift of say US$25,000 in 1996 would have since generated about $30,000 in spendable earnings. And as the Endowment Fund grows, so does the good that Rotarians can do in the world.
Gifts can be made either as cash contributions or as pledges, such as through an estate plan. Contributions are not tax deductible.
For more information, visit rotary.org/legacy or see the 2017/18 Endowment Fund Annual Report.
released too. As at 30 June 2018 promised commitments to the fund stood at US$805m and market value of investments was US$466m making a total value of US$1,271m
By permanently investing the contributions, the Endowment gives future generations of Rotarians the certainty of funding that will allow them to design and implement innovative projects, year after year.
In 2017/18, earnings from these investments provided US$15.6 million in support for the World Fund, SHARE, Areas of Focus, Rotary Peace Centers, Global Grants and Polio.
A gift of say US$25,000 in 1996 would have since generated about $30,000 in spendable earnings. And as the Endowment Fund grows, so does the good that Rotarians can do in the world.
Gifts can be made either as cash contributions or as pledges, such as through an estate plan. Contributions are not tax deductible.
For more information, visit rotary.org/legacy or see the 2017/18 Endowment Fund Annual Report.
THIS WEEK'S MEETING
Please note: We are meeting at Kurrawa Surf Life Saving Club this Tuesday commencing 5.30pm
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We will commence with pre-tour drinks in the Level 2 Function room, followed by a tour of facilities and dinner in the Bistro.
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OTHER DATES FOR YOUR DIARY

