The June 30 2019-June 30, 2020 Fiscal Year Annual Report for The Rotary Foundation has now been audited and available for Rotarians worldwide.
The Report indicates revenues of US$342,966,000 made up of US$342,866,000 in donations from Rotarians from around the world.
Unfortunately the revenues fell short to cover the expenditures of US$361,533,000. US$307,090,000 of these expenses covered program awards with 41.9% of these funds allocated to PolioPlus, 26.4% to global grants, 9.3% for district grants, 2.4 % for disaster response grants and 3.7% for other grants. The remainder of the expenses totalling 16.8 % were provided for Rotary Peace Centers, program operations, fund development and general administration. It is worthy to note that only 4.6 % of the expenditures covered administrative costs.
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