The Rotary Foundation
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The Rotary Foundation Hang Cassens & Jean Hawkins, Presenters Rotary Club of Elk Grove November 2016
Transcript of The Rotary Foundation
The Rotary FoundationHang Cassens & Jean Hawkins, PresentersRotary Club of Elk GroveNovember 2016
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LEARNING OBJECTIVES
We will cover 3 main topics
1. How the Rotary Foundation Works
2. How to Log In to My Rotary account and review activities
3. Review Giving Options
Presenter
Presentation Notes
Rotary Foundation grants support Rotarians’ efforts to change lives and serve communities.
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Part 1: How the Rotary Foundation Works
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MISSION STATEMENT
“To enable Rotarians to advance world understanding, goodwill and peace through the improvement of health, the support of education and the alleviation of poverty.”
Presenter
Presentation Notes
Rotary Foundation grants support Rotarians’ efforts to change lives and serve communities.
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FOUNDATION AREAS OF FOCUS
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Supports efforts through:
Global Grants
District Grants
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• Small-scale, short-term• Local or international
activities• Aligned with the
Foundation’s mission• Single grant awarded
annually
Example: HART (Homeless Assistance Resource Team)
DISTRICT GRANTS
Presenter
Presentation Notes
District grants fund small-scale, short-term activities that address needs in your community and communities abroad. Each district chooses which activities it will fund with these grants. You can use district grants to fund a variety of district and club projects and activities. You have a lot of freedom to customize your service projects. There aren’t many restrictions, as long as your district grant supports the mission of The Rotary Foundation, which is to enable Rotarians to advance world understanding, goodwill, and peace through the improvement of health, the support of education, and the alleviation of poverty. Districts must be qualified before they can administer district grants. Districts may use up to 50 percent of their District Designated Fund to receive one district grant annually. This percentage is calculated based on the amount of DDF generated from a district’s Annual Fund giving three years prior, including Endowment Fund earnings. You aren’t required to request the full amount available. Districts receive this funding as a lump sum and then distribute it to their clubs.
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• Large, long-term projects• Sustainable, measurable
outcomes• Alignment with areas of focus• International partnership• World Fund match
Example: Kenya primary school – provide toilet facilities and electricity
GLOBAL GRANTS
Presenter
Presentation Notes
Global grants support large international activities with sustainable, measurable outcomes in Rotary’s areas of focus. A key feature of global grants is partnership, between the district or club where the activity is carried out and a district or club in another country. Both sponsors must be qualified before they can submit an application. The minimum budget for a global grant activity is $30,000. The Foundation’s World Fund provides a minimum of $15,000 and maximum of $200,000. Clubs and districts contribute District Designated Funds (DDF) and/or cash contributions that the World Fund matches. DDF is matched at 100% and cash is matched at 50%.
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Part 2: How do the Foundation Grants and Matching Grants work?
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1) Individual/ Club Cash or
Individual – Cash/checks to Rotary Foundation, contributions to red bucket during meetings
Elk Grove Rotary Foundation – Board votes to approve funds as a club, team up with other clubs for various projects
District Grants2) DDF (District Designated Fund)
Small-scale, short-term Local or international
activities Aligned with the
Foundation’s mission Single grant awarded
annually
Global Grants3) FWF (Foundation World Fund)
Large, long-term projects Sustainable, measurable
outcomes Alignment with areas of focus International partnership World Fund match
THERE ARE 3 FUNDING SOURCES YOU NEED TO KNOW
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Contributors Contribution value
Foundation Contribution Match
Individual/ Club Cash $1
DDF (District Designated Fund) $1 (District funds is matched at 100%)
FWF (Foundation World Fund) (value in 3 years)
$1.50 (Foundation matches DDF 100% + 50% for cash)
All contributors together $3.50 $3.50 (individual/ Elk Grove Rotary Foundation contribution + DDF + FWF)
HOW DOES THE MATCHING GRANT WORK?
Presenter
Presentation Notes
DDF and FWF participate in the SHARE System – more info on this later in the presentation!
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Contributors Contribution value
Example: Iruri Primary School Project in Kenya
Individual/ Club Cash $10,000.00
DDF (District Designated Fund) 100% match $10,000.00
FWF (Foundation World Fund) Foundation matches DDF 100% + 50% for cash)
$15,000.00 (value in 3 years)
All contributors together $35,000.00
MATCHING Global GRANT EXAMPLE: IRURI PRIMARY SCHOOL
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Part 3: My Rotary website
Making this site meaningful and powerful for members
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WHAT DOES MY ROTARY WEBSITE DO?
Provides pretty much everything you need to know, including:• Track how much you have
donated to Rotary Foundation• Review Foundation Goals and
Activities• Review and track progress for
Rotary Club of Elk Grove Goals• Give to the Foundation• …and so much more!!
URL: https://www.rotary.org/myrotary/en
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Step 1
Step 2Log in or create account
Problems logging in? Check out this video:https://www.youtube.com/watch?v=4WtoMY1knpM
LOGGING IN/ REGISTER
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CREATE AN ACCOUNT
The email address is usually the address you have on file with your club secretary, however, it could be a previous email you have used
Problems logging in? Check out this video:https://www.youtube.com/watch?v=4WtoMY1knpM
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Review My AccountYou can review your profile and make changes.
If unable to make changes, you can request the club secretary ([email protected]) to update your information on file with Rotary International.
Review My DonationsGenerate Report to Review:• what you have given• how much you have given• any recognition points you have
REVIEW MY ACCOUNT AND MY DONATIONS
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DONOR HISTORY REPORT EXAMPLE
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My Rotarywebsite – let’s
do!
DEMO TIME
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Part 4: Foundation Basics
Understand • where funds comes from• where funds go • how to give funds
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WHERE DOES ROTARY FOUNDATION RECEIVE FUNDING FROM?
Restricted FundTo End Polio
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Annual Fund For Support Today
Foundation World Fund To Secure Tomorrow
Sustaining Paul Harris$100/yr
Paul Harris Fellow$1,000
Paul Harris Society$1,000/yr to Restricted Fund
Major Donor$10,000
Benefactor$1,000 Pledge to Endowment Fund
Arch Klump Society $250,000
Bequest Society$10,000 Pledge
Presenter
Presentation Notes
NOTE: EREY is no longer active – replaced by Sustaining Paul Harris NOTE: Bequest and Benefactor are the only two areas of giving that goes to Endowment Fund (not share) Annual Fund-SHARE is the primary source of funding for a broad range of local and international Rotary Foundation activities. Every Rotarian, Every Year (EREY) is the fundraising initiative to encourage support for the Foundation’s Annual Fund. Endowment Fund Purpose Ensures the long-term viability of the Foundation’s grants and programs. Spendable earnings from this endowed fund also enable the Foundation to expand existing activities and occasionally underwrite new ones like the Rotary Peace Centers. How fund works Contributions are invested in perpetuity. A percentage of the total value of the fund is directed annually to Foundation grants and programs. Types of Contributions - Outright gifts of cash, investments, or other property. Life income gifts (e.g., charitable remainder trusts, charitable gift annuities, pooled-income funds). Testamentary gifts through wills or estate plans. Beneficiary of life insurance, retirement plan accounts, or other financial accounts
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HOW DOES ROTARY FOUNDATION GIVE FUNDING TO CLUBS AND DISTRICTS?
Restricted FundTo End Polio
Annual Fund For Support Today
Foundation World Fund To Secure Tomorrow
SHARE System
Contributions Spendable Earnings
Presenter
Presentation Notes
Let’s start first by understanding how the Share Program works. Annual Fund and Permanent Fund is considered the SHARE System Why is it called SHARE? Rotarians SHARE their resources with their fellow Rotarians. The Trustees SHARE some decision-making with the districts Rotarians SHARE Rotary with the world through their Foundation.* Basically idea here is that the more funds are available pooled together, the more impact WE can together make to turn these funds into grants and programs crucial to the mission of Rotary.
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SHARE SYSTEM – FUNDS DISTRIBUTION
SHARE System
50% Returned to Districts
50% Returned to the World Fund
Funds distributed to District & World FundFunds collected annually Funds invested for 3 years
Annual Fund Contributions
Presenter
Presentation Notes
How fund works Through the SHARE system, contributions to The Rotary Foundation are transformed into grants that change lives. At the end of every Rotary year, contributions to the Annual Fund-SHARE from all Rotary clubs in an district are directed into two funds: Fifty percent is credited to the World Fund.* Fifty percent is credited to the District Designated Fund. Our contributions to the Annual SHARE System are invested for 3 years Rotary Foundation returns half of it to our district three years later for District Grants Rotary Foundation takes the other half to the World Fund for Packaged and Global Grants
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SHARE SYSTEM – FUNDS DISTRIBUTION AND TIMELINE
2016-17
Funds used for SHARE System
Funds Raised
2017-18 2018-19 2019-20
Presenter
Presentation Notes
3 year cycle TRF operates on a unique funding cycle, using contributions for program activities three years after they are collected The three-year cycle gives districts time for program planning and participant selection�TRF uses the earnings from SHARE’s 3-year investment cycle to pay for administration and fund development How fund works Through the SHARE system, contributions to The Rotary Foundation are transformed into grants that change lives. At the end of every Rotary year, contributions to the Annual Fund-SHARE from all Rotary clubs in an district are directed into two funds: Fifty percent is credited to the World Fund.* Fifty percent is credited to the District Designated Fund. Our contributions to the Annual SHARE System are invested for 3 years Rotary Foundation returns half of it to our district three years later for District Grants Rotary Foundation takes the other half to the World Fund for Packaged and Global Grants
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Part 5: Giving Options and Recognitions
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TYPES OF GIFTS AND RECOGNITIONS
Foundation Recognition
Individual Gifts & RecognitionClub Recognition
Sustaining Member
$100/yr
Sustaining Paul Harris$100/yr
Paul Harris Fellow$1,000
Paul Harris Society$1,000/yr to Restricted
Fund
Major Donor$10,000
Benefactor$10,000 Pledge to
World Fund
Arch Klump Society $250,000
Bequest Society$10,000 Pledge
100% Foundation Giving
100% Paul Harris Club
100% EREY Sustaining Club
Transfer of Paul Harris Points
Multiple Paul Harris Fellow
$1,000/yr
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EXAMPLES OF INDIVIDUAL GIFTS & RECOGNITION
Recognition consists of acertificate and pin
Paul Harris Fellow$1,000
Multiple Paul Harris FellowSubsequent $1,000 levels
Recognition consists of a pin set withadditional stones (sapphires & ruby) corresponding
to the recipient’s recognition amount
Benefactor $1,000 to Endowment Fund
Recognition consists of acertificate and insignia to be worn with a Rotary or
Paul Harris Fellow pin
Recognition consists of an engraved crystal recognition piece and a pin
Bequest Society$10,000 Pledge
Presenter
Presentation Notes
Paul Harris Fellow Paul Harris Fellow recognition is given in appreciation to anyone who contributes (or in whose name is contributed using Foundation recognition points) a gift of $1,000 or more cumulatively to the Annual Fund, PolioPlus Fund, or an approved global grant. Recognition consists of a certificate and pin. Optional recognition items include a medallion for $15 and a complimentary certificate cover. Multiple Paul Harris Fellow Multiple Paul Harris Fellow recognition is given at subsequent $1,000 levels. Recognition consists of a pin set with additional stones corresponding to the recipient’s recognition amount. PHF Level *Range Pin +1 $2,000 to $2,999 one sapphire +2 $3,000 to $3,999 two sapphires +3 $4,000 to $4,999 three sapphires +4 $5,000 to $5,999 four sapphires +5 $6,000 to $6,999 five sapphires +6 $7,000 to $7,999 one ruby +7 $8,000 to $8,999 two rubies +8 $9,000 to $9,999 three rubies *Range can be a combination of cash contributions and Foundation recognition points received. Benefactor A Benefactor is someone who informs The Rotary Foundation in writing that he or she has made a provision in his or her estate plan for the Foundation, or who makes an outright gift of $1,000 or more to the Endowment Fund. Benefactors receive a certificate and insignia to be worn with a Rotary or Paul Harris Fellow pin. Bequest Society The Rotary Foundation recognizes couples or individuals who have made commitments in their estate plans totaling $10,000 or more. Donors may elect to receive an engraved crystal recognition piece and a pin commemorating the commitment at each new recognition level. Level Range 1 $10,000 to $24,999 2 $25,000 to $49,999 3 $50,000 to $99,999 4 $100,000 to $249,999 5 $250,000 to $499,999 6 $500,000 to $999,999 7 $1 million to $2,499,999 8 $2.5 million to $4,999,999 9 $5 million to $9,999,999 10 $10 million and above
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CLUB RECOGNTION – IN HONOR OF THE CENTENNIAL YEAR (BEGAN 1917)
CENTENNIAL FOUNDATION GIVINGIn celebration of our Foundation’s centennial, several of these goals refer to the original donation of $26.50 that started The Rotary Foundation in 1917. Additionally, $536 is the approximate equivalent of $26.50 today.
Clubs must achieve 3 of the following goals:• Support with a contribution of at least $536.• Support with a contribution of at least $26.50 from each member.• Attain at least $2,650 in total giving to PolioPlus in honor of TRF centennial.• Attain a minimum Annual Fund contribution of $100 per capita.• Attain a five-year high in total club giving to the Foundation (combined giving by all
members under any designation, with a minimum contribution of $26.50 per member) in honor of the Foundation’s centennial.
• Increase the total number of Benefactors and Bequest Society members in the club by at least one.
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CLUB RECOGNTION – IN HONOR OF THE CENTENNIAL YEAR (BEGAN 1917)
CENTENNIAL FOUNDATION GIVINGIn celebration of our Foundation’s centennial, several of these goals refer to the original donation of $26.50 that started The Rotary Foundation in 1917. Additionally, $536 is the approximate equivalent of $26.50 today.
Elk Grove Rotary aims to meet District 5180 Goals:• 110% of club's best giving in last 5 years--for us that means $28,267• 110% of best year or $2,650 for polio plus• 75% of our club to benefactors; 10% bequest• Apply for a district and/or global grant
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FOUNDATION RECOGNITION POINTS
Transfer Recognition Points
1. Foundation recognition points belong to the original donor until the donor uses the points or transfer points or until death
2. Original donor can help a fellow Rotarian by transferring their points towards a Paul Harris Fellow
3. Minimum 100 Foundation recognition points must be transferred at a time
4. Complete Transfer form with authorization
Presenter
Presentation Notes
Foundation recognition points are awarded to donors who contribute to The Rotary Foundation through the Annual Fund, PolioPlus Fund, or an approved global grant. Donors receive one Foundation recognition point for every U.S. dollar contributed to these funds. Contributions to the Endowment Fund are not eligible. Donors can extend Foundation recognition points to others to help them become, or to name them as, a Paul Harris Fellow or Multiple Paul Harris Fellow. Foundation recognition points belong to the original donor until the donor uses the points or until the donor’s death at which time they expire (unless the donor is a Major Donor and then their points may be used by their surviving spouse). Note: Foundation recognition points do not count toward Paul Harris Society and Major Donor recognition. Transfer rules A minimum of 100 Foundation recognition points must be transferred at a time, and an authorizing signature is required when you complete the Paul Harris Fellow Recognition Transfer Request Form. Note: Foundation recognition points may not be transferred from individuals to a club or district. Donors no longer need to be a Paul Harris Fellow to receive recognition points. How do I transfer Foundation recognition points? A minimum of 100 Foundation recognition points must be transferred at a time, and you must complete and sign the Recognition and Transfer Request. The points may not be transferred from individuals to a club or district. • Individual donors are the only ones authorized to transfer recognition points from their individual account. • Club presidents are the only ones authorized to transfer recognition points from a club account. • District governors are the only ones authorized to transfer recognition points from a district account. On the Club Recognition Summary, what is the difference between recognition amount and available Foundation recognition points? Recognition amount reflects the total Paul Harris Fellow recognition you have accumulated through your personal contributions plus all recognition points you’ve been given by other individuals, clubs, or districts. Recognition points given to you don’t count toward Major Donor recognition. The maximum amount that can be shown on the Club Recognition Summary report is 9,000; the “+” sign indicates that the actual amount exceeds the 9,000-point maximum. Available Foundation recognition points reflects points you have accumulated through personal outright giving to the Foundation. All points listed can be transferred to other individuals for Paul Harris Fellow recognition
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HOW DO I GIVE? Go to https://www.myrotary.org and click on “Give”
Restricted FundTo End Polio, Specific Causes or
Projects
Annual Fund For Support Today
Foundation World Fund To Secure Tomorrow
Select one of these choices
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THERE ARE MANY OTHER WAYS TO GIVE
Real EstateReal estate and other property with special
tax benefits
Cash/ ChecksImmediate tax benefits to
donor
Stocks & Securities Appreciated securities have double tax
advantage – 1) charitable tax deduction and 2) avoid capital gains
Life InsuranceTRF as beneficiary;
possible tax benefits
Life Income GiftsCharitable Gift Annuity or
Charitable Remainder Trust
Bequest or Estate GiftName TRF as beneficiary in will
or estate plan
Presenter
Presentation Notes
Life insurance: TRF can be beneficiary of existing policy, or name Foundation as irrevocable beneficiary. Allows donor deduct premium paid from tax bill
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WHILE YOU’RE HERE….HELPFUL TIPS YOU SHOULD KNOW ABOUT
Use the pre-populated Contribution form to
save time
A customized report will generate for you. Message will say: Your report has been generated. Click here to review report.
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Request Direct Deposit Transfer Recognition Points
NOTE: google “recognition transfer
rotary” or click on URL above. Impossible to find
on MyRotary website
Presenter
Presentation Notes
OTHER WAYS TO GIVE RECURRING GIVING (ROTARY DIRECT) Make your giving to the Foundation easy by enrolling in Rotary Direct, Rotary's recurring giving program. You select an amount and frequency that's convenient for you. Get started. PAUL HARRIS SOCIETY Find out why you should join the Paul Harris Society. CHECK, DRAFT, OR WIRE PAYMENTS Learn how to donate with different payment methods. SECURITIES Learn how you can donate stocks, mutual funds, or other securities. PLANNED GIVING Find out how you can incorporate a gift in your financial or estate planning. NAMED GIFT Learn how to make a named gift that will support Rotary's future. REAL ESTATE Learn how making a gift of real estate may afford you financial benefits. EMPLOYEE MATCHING GIFT Find out how your employer can sponsor a matching gift program. ROTARY CREDIT CARD Promote Rotary and help support our Foundation with the Rotary credit card. EBAY LIVE AUCTION Support Rotary through select eBay Live Auctions. AIRLINE MILES Learn how to participate in the United Airlines Mileage Plus Charity Miles Program.
