The PERMANENT FUND of the Rotary Foundation

The Rotary Foundation offers Immortality!

The PERMANENT FUND initiative was created back in 1996.

Its purpose is simple: to provide an ever-increasing stream of revenu that will secure the future of the Foundation’s programmes.

In many ways The Permanent Fund mirrors the personal pensions that so many of us rely on to fund retirement. Pay today and receive benefits tomorrow!

As the name “Permanent Fund” suggests, it is an endowment fund. All contributions are invested in perpetuity and only the interest will be spent. The trustees review fund performance twice yearly and agree the exact % of interest that can be spent.

Currently 4.5 % (US$ 7,195.000) are allocated to help pay for programmes. That is: 3.5% programmes and 0.75% programme operations/0.25% fund development and administration.

At the outset a fund target of US$ 1.0 billion by 2025 was agreed. Within this US$ 1.0 billion goal, $95 million has been ring-fenced for the ROTARY PEACE CENTERS .

Foundation officers at Club, District and Zone levels have been working methodically towards that goal. Whilst Club & District contributions are most welcome, support is sought, primarily, from Personal Giving.

Essentially, there are 2 ways in which we can support the Permanent Fund:

·	By contributing cash or assets {including property, securities (stock & shares),whole –of life Insurance policies and collectables (art or antiques)}

·	By bequest (codicil to our will)

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HOW HAVE WE DONE SO FAR?

On 31 May 2011 the Permanent Fund’s net (cash)assets were US$ 238.6 million and estimated expectancies stood at US$ 461.5. In other words: we have crossed the US$ 700 million hurdle!

If you appreciate the work of the Rotary Foundation (Ambassadorial Scholarships, Matching Grants for humanitarian projects, District Simplified Grants for local and international projects, the Group Study Exchange programme and the Centres for Peace & Conflict Resolution) why not become a Foundation BENEFACTOR today? A contribution of at least US$ 1,000 is all it takes!

Or do it the easy way: a US$ 1,000 codicil to your will!

A contribution or bequest of at least US$ 25,000 entitles you to name a fund. A fund that will exist way beyond your lifetime, generating interest that will support the Foundation’s mission of Doing Good in the World.

So, how’s that for an offer? For as little as US$ 25.000 the Rotary Foundation can give you immortality!!

Dutch version