The Rotary Foundation Needs YOUR Support

Posted by Greg Coldwell on Oct 31, 2016
 
At the 1917 International convention Rotary President Arch Klumph proposed to set up an endowment " for the purpose of doing good in the world ." In 1928 it was renamed the Rotary Foundation, and it became a distinct
entity within Rotary International.
 
So obviously the Foundation turns 100 this year, and that is worth celebrating. Why ?  The reasons are numerous, but first, really what does the Foundation do for Rotary?
 
 
Think of it as Rotary's bank, as bank's in our own communities are the engine that basically drives the local and international economies the Foundation is also the engine that drives Rotary with the sole purpose of doing good in the world. Last year close to $250 million dollars was spent on programs, the administration fee is only 3.5%. The Foundation has a billion dollars in assets.

Just think about our own district which in the last two years has had three peace scholars, two global scholarships, and five global grants financed in part from our DDF and the world fund at the same time District DDF has helped finance 32 district grants and two scholarships one to a young man from Ghana who is presently going to Memorial University in St. John's taking a masters program in order to help improve the educational system in his own country. We have also helped out the plight of those affected by the recent storms in Cape Breton and Haiti with funds from the District's portion of DDF.

None of this would be possible without clubs and your donations. You are responsible for the success we have in fighting polio, the grants we give out , scholarships awarded, "doing good in the world " this happens ALL BECAUSE OF YOU.

So please consider becoming a sustaining member of the foundation approximately $10 per month and if at some point this year you miss a meeting consider donating $26.50 in remembrance of the first donation to the foundation and use it as a make up.

Thank you for your consideration and for all you do. 

 Greg Coldwell
 Foundation Chair
 District 7820