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The Rotary Foundation
Kathy and Ed started by explaining the organization of Rotary. Members are part of a club, clubs belong to districts, districts belong to zones and zones make up Rotary International. Zones are legislative entities, with each zone having a representative on the Rotary Board of Directors.
In the same manner, our Holland Rotary Charities is related to The Rotary Foundation (TRF). Locally 61% goes to youth projects, 36% to international projects, and 3% to community service work. Some of our local money is eligible for matches by TRF.
TRF has three funds.
- Polio Plus which funds our global disease eradication efforts.
- Endowment which generates interest to be used for charitable projects.
- Annual Fund is where the annual Rotarian donations are held for 3 years. The interest from the fund pays for the administration and then the principal is returned to the district. Half is for district use and half is for the World Fund. Our district uses the money returned half for local projects and half for international.
Only clubs that meet the minimum donation of $100 per member per year are eligible to receive matching funds.
There are also special distinctions for donors. Donating $100/yr for polio qualifies as a member of the Polio Plus Society. Donating $1000/yr qualifies as a member of the Paul Harris society.