The Rotary Foundation Of Rotary International is located in Evanston, IL. The organization was established in 1983. According to its NTEE Classification (Q11) the organization is classified as: Single Organization Support, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2023, Rotary Foundation Of Rotary International employed 297 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rotary Foundation Of Rotary International is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Rotary Foundation Of Rotary International generated $435.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $339.6m during the year ending 06/2022. While expenses have increased by 3.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rotary Foundation Of Rotary International has awarded 3,060 individual grants totaling $187,781,092. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ROTARIANS WORK TOWARD ADVANCING WORLD UNDERSTANDING, GOODWILL AND PEACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
POLIOPLUS - THE POLIOPLUS PROGRAM IS ROTARY'S EFFORT TO ERADICATE THE POLIOVIRUS WORLDWIDE. ROTARIANS HAVE PROVIDED FINANCIAL SUPPORT AND COUNTLESS VOLUNTEER HOURS TO ENSURE THAT CHILDREN ARE IMMUNIZED AGAINST THIS CRIPPLING DISEASE AND THAT SURVEILLANCE OF THE VIRUS IS STRONG, DESPITE THE POOR INFRASTRUCTURE, EXTREME POVERTY, AND CIVIL STRIFE OF MANY COUNTRIES. FUNDS SUPPORT NATIONAL IMMUNIZATION DAYS, POLIOVIRUS TRANSMISSION MONITORING, AND OTHER EFFORTS IN POLIO-ENDEMIC, RECENTLY ENDEMIC, AND HIGH RISK COUNTRIES. ROTARY IS A CORE PARTNER IN THE GLOBAL POLIO ERADICATION INITIATIVE, ALONG WITH THE WORLD HEALTH ORGANIZATION, UNICEF, THE CDC, AND THE BILL AND MELINDA GATES FOUNDATION.
ROTARY GRANTS - GLOBAL GRANTS SUPPORT HUMANITARIAN PROJECTS, SCHOLARSHIPS, AND VOCATIONAL TRAINING TEAMS IN ROTARY'S AREAS OF FOCUS.DISTRICT GRANTS SUPPORT SMALLER-SCALE PROJECTS RELATED TO THE FOUNDATION'S MISSION. PARTNERSHIP GRANTS ALSO SUPPORT THE AREAS OF FOCUS AND ARE CARRIED OUT WITH THE FOUNDATION'S STRATEGIC PARTNERS.
DISASTER RESPONSE GRANTS - THE ROTARY FOUNDATION SUPPORTS DISASTER RELIEF AND RECOVERY EFFORTS THROUGH GRANTS FROM THE ROTARY DISASTER RESPONSE FUND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Barry Rassin Chair-Elect | OfficerTrustee | 20 | $0 |
Ian Riseley Chair | OfficerTrustee | 40 | $0 |
Larry Lunsford Vice-Chair | OfficerTrustee | 20 | $0 |
Akira Miki Trustee | Trustee | 20 | $0 |
Aziz Memon Trustee | Trustee | 20 | $0 |
Bharat S Pandya Beg 7122 Trustee | Trustee | 20 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Nepc Investment Consulting | 6/29/23 | $401,116 |
Blackrock Inc Investment Management | 6/29/23 | $253,012 |
Northern Trust Financial Services | 6/29/23 | $227,552 |
Parametric Portfolio Assoicates Investment Management | 6/29/23 | $176,689 |
Boston Partners Investment Management | 6/29/23 | $133,111 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $184,892 |
Government grants | $148,450 |
All other contributions, gifts, grants, and similar amounts not included above | $372,881,048 |
Noncash contributions included in lines 1a–1f | $16,704,002 |
Total Revenue from Contributions, Gifts, Grants & Similar | $373,214,390 |
Total Program Service Revenue | $34 |
Investment income | $17,231,977 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $51,632,675 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $435,448,669 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $18,511,553 |
Grants and other assistance to domestic individuals. | $2,548,648 |
Grants and other assistance to Foreign Orgs/Individuals | $255,016,590 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,670,992 |
Compensation of current officers, directors, key employees. | $914,745 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $25,579,101 |
Pension plan accruals and contributions | $1,986,378 |
Other employee benefits | $4,058,085 |
Payroll taxes | $2,020,473 |
Fees for services: Management | $485,158 |
Fees for services: Legal | $328,215 |
Fees for services: Accounting | $261,186 |
Fees for services: Lobbying | $672,226 |
Fees for services: Fundraising | $230,733 |
Fees for services: Investment Management | $2,913,419 |
Fees for services: Other | $2,419,456 |
Advertising and promotion | $383,028 |
Office expenses | $819,276 |
Information technology | $9,541,730 |
Royalties | $0 |
Occupancy | $2,302,356 |
Travel | $1,202,220 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $992,942 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $407,082 |
All other expenses | $1,697,263 |
Total functional expenses | $339,608,162 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $34,214,512 |
Savings and temporary cash investments | $123,320,779 |
Pledges and grants receivable | $20,934,158 |
Accounts receivable, net | $136,680 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $661,710 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $812,087,793 |
Investments—other securities | $318,526,933 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $58,416,748 |
Total assets | $1,368,299,313 |
Accounts payable and accrued expenses | $37,745,524 |
Grants payable | $70,801,303 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $4,180,978 |
Total liabilities | $112,727,805 |
Net assets without donor restrictions | $643,177,027 |
Net assets with donor restrictions | $612,394,481 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,368,299,313 |
Over the last fiscal year, The Rotary Foundation Of Rotary International has awarded $18,025,162 in support to 303 organizations.
Grant Recipient | Amount |
---|---|
CONGREGATIONAL CHURCH IN CANDIA PURPOSE: ECON. AND COMMUNITY DEVELOP.-HUMANITARIAN-DAF | $16,700 |
ROTARY DISTRICT 7870 PURPOSE: ECON. AND COMMUNITY DEVELOP.-HUMANITARIAN | $23,750 |
ROTARY DISTRICT 7780 PURPOSE: ECON. AND COMMUNITY DEVELOP.-HUMANITARIAN | $50,766 |
ROTARY DISTRICT 7770 PURPOSE: ECON. AND COMMUNITY DEVELOP.-HUMANITARIAN | $150,000 |
TRINITY EPISCOPAL CHURCH PURPOSE: ECON. AND COMMUNITY DEVELOP.-HUMANITARIAN-DAF | $25,900 |
ROTARY DISTRICT 7950 PURPOSE: ECON. AND COMMUNITY DEVELOP.-HUMANITARIAN | $37,537 |