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Posts tagged ‘Serving Hands International’

2
Mar

Where Does $100 to the Rotary Foundation Go?

The Rotary Foundation is literally the foundation of the Rotary clubs across the world. Although Rotarians conduct meetings, go to conferences, do community service projects, and collect funds from each other to support Rotary International and the Rotary Foundation, the Rotary Foundation is the entity that awards almost all the grants, most of which ($207 million out of $230 million) are to overseas organizations, which may surprise many people.

In the most simplistic terms, the Rotary Foundation engages in primarily two functions: ¬†they manage their endowment ($1.06 billion as of June 30, 2017) and award grants (again, primarily to foreign organizations) – $69 out of every $100 in revenue collected in 2017 were awarded in grants. Read more »