Securing Our Rotary Foundation's Future: The Rotary Foundation's Funding Model
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Transcript of Securing Our Rotary Foundation's Future: The Rotary Foundation's Funding Model
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Securing Our Foundation’s Future 1The Rotary Foundation
SECURING OURFOUNDATION’SFUTURE
May 2014
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Securing Our Foundation’s Future 2The Rotary Foundation
CURRENT MODEL TO FUND OPERATIONS
Operating Expenses = Fund Development & General Administration
Annual Fund Investment Earnings Endowment Fund Spendable Earnings
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Securing Our Foundation’s Future 3The Rotary Foundation
INVESTMENT RETURNS ARE UNPREDICTABLE
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014E
-120
-100
-80
-60
-40
-20
0
20
40
60
80
Operating Expenses Annual Fund Investment ReturnFiscal Year End
US$
milli
ons
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Securing Our Foundation’s Future 4The Rotary Foundation
WHY DO WE NEED A NEW FUNDING MODEL? ?
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Securing Our Foundation’s Future 5The Rotary Foundation
RESERVES WERE DEPLETED SLOW TO REBUILD
2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014E
-60
-40
-20
0
20
40
60
80
100
120
Reserves TargetFiscal Year End
US$
milli
ons
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Securing Our Foundation’s Future 6The Rotary Foundation
WHAT IS THE NEW FUNDING MODEL? ?
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Securing Our Foundation’s Future 7The Rotary Foundation
OUR NEW FUNDING MODEL EFFECTIVE 1 JULY 2015
Annual Fund Investment Earnings Endowment Fund Spendable Earnings
5% of Annual Fund Contributions 5% of Cash Contributions for Global Grants
New Funding Model Current Funding Model
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Securing Our Foundation’s Future 8The Rotary Foundation
NEW SHARE SYSTEM EFFECTIVE 1 JULY 2015
$1,000
$500District Designated Fund
$500 WorldFund
$50 or 5% earmarked for operating expenses.
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Securing Our Foundation’s Future 9The Rotary Foundation
5% CASH CONTRIBUTIONS FOR GLOBAL GRANTS
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Securing Our Foundation’s Future 10The Rotary Foundation
OUR LONG-TERM STRATEGY
Ensure we have sufficient funds to operate our Foundation
Build an operating reserve
Distribute surplus funds to Endowment Fund
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Securing Our Foundation’s Future 11The Rotary Foundation
WHAT’S IN IT FOR US? ?
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Securing Our Foundation’s Future 12The Rotary Foundation
DOING GOOD IN THE WORLD