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In the words of Rotary
Ian Riseley, Rotary should
be defined not by who
we are, but by what we
do – by the potential
that Rotary gives us, and
the ways we realise that
potential in meaningful
and lasting service.
Counting the hours and
the dollars invested by Rotarians in helping
people less fortunate in life is a massive task.
When you consider all the work being done
around the world, you start to get a feel for
the massive influence we all have as we bring
support and comfort to people in need. We Do
Good in the World and it’s a wonderful feeling.
My big concern is, what happens when we
have reached that stage that we can no longer
participate to the same level and have to leave
it to others? Have we transferred the passion
we have to the newer members? Do they all
feel the same way about giving their time and
money to help people they might never ever
meet? Will they have the financial resources at
their disposal to carry on the good work?
Rotary’s answer to most of these questions
would be to highlight the Endowment Fund.
This is the fund that provides some of the means
to carry on our good work. The really good
thing about this fund is that contributions are
never spent, they are invested in perpetuity
and only the resultant investment earnings
are used to support project activity. The fund
currently stands at just under $US400 million
in cash, securities and investments and what
we call “expectancies” takes the total over
the billion-dollar mark. Expectancies are the
total of all bequests reported to The Rotary
Foundation and the target is to get the
total figure (including expectancies) up to
$US2.020 billion by the year 2020.
You can be part of this drive and part of
Rotary’s future forever. You’ve probably given
most of your life to Rotary, so why not keep
making a difference with a bequest that will
go on working forever? Give me a call on +61
2 8894 9840 or email email@example.com
and I’ll give you more details.
TALK TO US;
PDG Bruce Allen
By Paul Netzel
Foundation Trustee Chair
What does the chair of The Rotary
Foundation Trustees do, anyway?
What do the Trustees do? These
questions are often asked of me in
different ways. The Board of Trustees
manages the business of the Foundation,
the charitable arm of our organisation that
transforms your gifts into sustainable outcomes that change
lives – both close to home and around the world.
One thing we do is listen. We listen to you, the members.
Your voice comes to us through many different channels
and connections with feedback, ideas, concerns and
We listen to our Rotary Foundation committees. We listen
to our regional coordinators and advisers, to the district
Foundation committee chairs and to our district governors. We
listen to our associate Rotary foundations that provide local tax
benefits in seven countries.
We listen to our colleagues on the Board of Directors, to our
trusted Rotary staff, to our incredible PolioPlus committees and
our polio partners, to our Rotarian Action Groups and to the
Cadre of Technical Advisers. We listen to feedback from our six
Rotary Peace Centres.
Rotarians are the backbone of the Foundation, so it’s
important to listen to you.
For example, listening to Rotarians’ ideas at the 2016
Council on Legislation (COL) led to several significant reforms
to enhance the membership experience. These reforms offer
clubs more flexibility. For example, an exciting rules change
allows a service project to count as a meeting. Importantly,
Rotaractors can now become members of Rotary clubs while
they are still in Rotaract.
How do these changes benefit The Rotary Foundation? The
strength of the Foundation starts with our members, and we
believe the new club flexibility options will attract and keep
What needs to be accomplished for Rotary to remain relevant
today and for the generations to come? This is where the COL’s
three-year cycle is your opportunity to bring forward ideas to
continue the evolution of Rotary. The deadline for submitting
proposed enactments for the 2019 COL is December 31. Share
your ideas at on.rotary.org/COLproposals.
You are our greatest strength. Let me hear from you. I can
be reached at firstname.lastname@example.org.
NOW AND LATER
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