Foundation and Vocation:
FOUNDATION:
Rotary Foundation exists to promote international peace and understanding and to relieve poverty where it can. It relies on donations from Rotarians, the public and where it can find them, sponsors. It is the only Rotary Charity within the Rotary movement.
Donations are invested for 3 years before being released, 50% to Rotary Foundation World Fund and 50% to the donating district. Its principle operations are:
- Major world wide projects, often in co-operation with other international bodies;
- International exchanges, through teaching, scholarships and study teams:
- Grants – to stimulate Rotary clubs and districts into setting up and running overseas projects, in partnership with Rotarians in recipient countries; and
- Smaller grants which can boost the funds available to clubs for their own local projects.