Major Gifts and the Endowment Fund


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  • The session date and time are as follows:Tuesday, 25 June, 14:30-15:30 Location: FIL, meeting room 1 I will suggest a rehearsal/meeting opportunity earlier that same day for those who can attend and wish to do so. Suggested Rehearsal Time: 10:00-11:30, same location.  Regional Major Gift Officer, Zone 24-Carolyn Ferguson will introduce herself, title of workshop-Major Gifts and Rotary’s Endowment, welcome the group and introduce Moderator, Trustee Vice Chair Stephen Brown. It is now my pleasure to introduce the moderator for today’s panel.
  • Carolyn-Steve Brown is a graduate of Washington State University and Stanford Law School. He is presently serving as one of 15 trustees of the Rotary Foundation and holds the position of Vice-Chairman of the Foundation. He served as Rotary District Governor for 5340—San Diego, CA in 1995-96. Steve has received The Rotary Foundation’s Citation for Meritorious and the Distinguished Service award. He has also received Rotary International’s Service Above Self Award. Steve-We are fortunate that each year, thousands of Rotarians and Non-Rotarians choose our Rotary Foundation as one of their select Charities of choice and in doing so, provide support by way of an outright major gift and/or a future gift commitment through a Bequest gift. Our Rotary Foundation is Unique. The Rotary Foundation is your FoundationAddressing the greatest needsWith world reach greater thanthe United NationsWe can go where politicians and religious groups cannotToday’s session will: Highlight and define major gift and bequest gift opportunities Explore the variety of methods by which an individual or corporation can contribute a major gift Identify the best ways to establish your Rotary legacy through a Bequest gift commitmentReview the many gift designation options available todayRecognize the significance of a select group of donors known as our Arch C. Klumph Society members (AKS)And introduce two new resource groups-the Endowed/Major Gift Advisors Zone partners and the Gift & Estate Planning Professionals (GEPP group) You are here today because you have an interest in learning more about Major Gifts and Rotary’s Endowment, perhaps for your personal benefit, perhaps as a club, district or Zone leader. You may be here today because you are already a Major donor or Bequest Society member, and would like to learn more about the new opportunities available for support. For those in the room who fall into this category, (option:show of hands) let me take a moment to thank you for your wonderful generosity. More than anything, we encourage you to share what you have learned here today with others. Your discussion may just plant the seed of consideration in the mind of another, for a future gift. Is there anything specifically that I have not mentioned that you would like to have a panelist address in today’s session? We will list your questions on our board and if we do not answer your question by the end of this session, I kindly request that you would provide me with your business card at the conclusion, and I will ensure you get a response.I would now like to introduce to you the panelists for today’s session.
  • Greg is a C.P.A. (Certified Public Accountant) and a P.F.S. (Personal Financial Specialist) having operated his own practice since June 1979. Greg became a Rotarian in May 1982 and is a member of the Evergreen Rotary Club. He is currently serving a six-year term as a member of the Rotary International Investment Committee and a three-year term as the Regional Rotary Foundation Coordinator for Zone 27. He served a three-year term as a member of the Rotary International Finance Committee and as a Regional Rotary International Membership Coordinator. Greg has also served as a Rotary International Training Leader at the International Assembly in San Diego – January 2010 and 2011.Greg has also served as a Rotary Foundation Major Gifts Advisor where he established his District’s Million Dollar Dinner raising over $3,100,000 for the Rotary Foundation in one night.  Greg is the recipient of the “Service Above Self Award” and The Rotary Foundation Citation for Meritorious Service Award.  Greg along with Pam will have the true honor and privilege of serving Rotary as one of 17 International Directors from July 1, 2014 to June 30, 2016.
  • Gianni Jandolo, 66, is member of the RC San Donato Milanese, in Northern Italy, since 1994. Human Resources Consultant (Research and Development) he has served Rotary as Governor, Editorial Coordinator for Rotary Magazine in Italian language, Public Image Zone 12 Coord.; Public Image Area Coord. Europe & RIBI; National PolioPlus Advocacy Advisor – Italy; GETS TRF Trainer; I.A. Pilot District Future Vision Trainer; Regional Rotary Foundation Coord.; TRF Permanent Fund Europe & RIBI Comm. Member; Intercountry Committees Chair of Executive Council; Endowment / Major Gift Advisor.Multiple Paul Harris Fellow, Gianni is a Benefactor, a Major Donor and received a Rotary Foundation Meritorious Service and a Service Above Self Award.
  • He is a registered Engineer , Fellow of Nigerian Institute of safety Professionals (NISP), Safety Management system Auditor.  A Rotarian since 1994, Yinka is a member of the Rotary club of Trans Amadi , Port Harcourt District 9140 , Nigeria . As club President he won the Rotary International Global quest Award for highest percentage net membership gain worldwide and was recognized onstage at the Brisbane convention.  Yinka has served Rotary as Governor, raising nearly a million US dollars from an area normally considered as disadvantaged. The district under his leadership emerged one of the Top three performing district in the world and was so recognized at the Bangkok convention.He is the Reach out To Africa(ROTA) water and sanitation coordinator , served as Assistant Regional Rotary Foundation coordinator, End Polio Zone Coordinator for Zone 20A and will serve as Regional Rotary Foundation coordinator (Zone 20A) for t 2013-16 . Rotarian Yinka is a Director of the Safeblood Africa project – A multi district Rotary initiative with a mission to improve the safety and expand the availability of blood in hospitals throughout Nigeria at the first instance and the rest of Africa. He is a faculty member and the foundation Registrar of the Nigerian Division of the Rotary Leadership Institute. He is a recipient of the Four avenues of service citation, District Foundation Service award, and a nominee for the R.I Service above self award. Yinka, a Major Donor, and a Rotary foundation benefactor has attended several local Rotary seminars and conferences, Zonal and international institutes, and 16 international conventions. Rotarian Babalola loves traveling and has been to virtually all part of Nigeria, several African countries and has traveled to all the continents of the world. Yinka is married to Precy and the union is blessed with children.
  • Chris Offer is a member of the Rotary Club of Ladner. His introduction to Rotary was in 1981 as a member of aGroup Study Exchange team to India. He was Governor in 1999-2000 of District 5040, British Columbia.He served for 31 years with the Vancouver Police in a wide variety of assignments, including executive positionsfor ten years. His degrees are in Criminology and a Master’s degree in Public Administration. In 2006-07 he was world chair of the Rotary International membership committee. He served as Regional Rotary Foundation Coordinator for western Canada, Washington, Alaska and eastern Russia for three years, as well as serving as a delegate to the 2010 RI Council on Legislation.Chris is the founding chair of the editorial board of the Rotary Canada magazine and he has been a Rotary volunteer in the Philippines, Russia, China, Sudan and South Sudan.Chris is currently a member of The Rotary Foundation Rotary Peace Centers Major Gifts Initiative Committee.He is a member of the Rotary Foundation Arch C. Klumph Society. In addition, he is a recipient of the Rotary InternationalService Above Self Award, Rotary Foundation Meritorious Service Award, Distinguished Service Award andRegional Service Award for a Polio Free World.
  • Steve will comment briefly on this committee and function.
  • I will also take this opportunity to highlight for you the new role of Endowment/major gifts advisors. Endowment/Major Gift Advisers , also referred to as E/MGA’s, serve as a key volunteer resource for all major gift and endowment matters in his or her region of responsibility. In general, Endowment/Major Gift Advisers assist districts in developing fundraising committees and identifying strategies for encouraging major and planned gifts.Endowment Major Gift Advisors assist with the identification, cultivation, and solicitation of gifts in the amount of $25,000 or more including gifts to the Rotary Foundation’s Endowment.41 EMGAs have been appointed using the same zone structure for the appointment of the Regional Rotary Foundation Coordinators
  • They will work with zone  and district leadership to help with training and to assist districts to put systems in place for the identification, cultivation solicitation of gifts and to follow up with appropriate “thank you” communications;They will help identify Rotarian professionals who can work with Rotarians in structuring gifts to the Foundation.The expansion of the fundraising team with the E/MGA role truly benefits the districts as this new volunteer is helping to bring in additional support for the district’s highest priorities.  As this position becomes more firmly established, the E/MGA’s will be important information resources who can share best practices, power points, and program insights with district leaders.  They will become solicitation partners in those cases where district volunteers are good at sharing information but perhaps not comfortable or experienced at making the ask for a major gift. Many of these new E/MGA partnerships are already off and running.
  • For many Rotarians, Major donor recognition occurs as a result of continued gifts, over time, to our Rotary Foundation.For other Rotarians and non-Rotarians, it is their connection to our mission and their passionate interest in our cause, along with their capacity to give, that often results in a Major Gift outright donation. Major gifts are defined as gifts of $10,000 USD or more, and they provide crucial support for Rotary’s programs. You may be interested in knowing that last year, our Rotary Foundation was the recipient of 2,199 outright Major Gifts globally.During your time at the convention, you will see a variety of Rotary pins, and this pin symbolizes Major Donor support, with a corresponding stone for the level of contributions. This is in recognition for outright gifts and does not include Paul Harris Recognition points. There are four major donor recognition levels as follows:Level Contribution (US$) Level 4 $100,000 to $249,999 Level 3  $50,000 to $99,999  Level 2 $25,000 to $49,999 Level 1  $10,000 to $24,999 If you are wearing one of these pins right now, we thank you for this tremendous support. Saying “thank you” is so very important so please feel free to add your personal thanks to anyone you see wearing a Major Donor pin.Let’s now discuss the ways you can make a Major Gift to our Foundation.
  • Major Gifts to our Rotary Foundation can be funded through:Appreciated securities. Most countries enable stock transactions, but in the US and Canada they are particularly popular because of the tremendous tax benefits brought about by gifts of appreciated stock.  Major gift pledges- this means that your major gift (minimum of USD $10,000) can be pledged over a maximum of 3 years, with the donor recognition presented at the time of commitment. You can determine how you would like to divide your gift installments over this timeframe. Cash is the most common practice. You may also note that monthly on the website, RI will post their exchange rates for the variety of currencies that are used for gifting to our Foundation. Why this is of interest relates to the fact that all of the record keeping for your gifts at all times, is noted in United States Dollar rates. Major gifts can be made through real estate and with all potential gifts of real estate, there is a review process and evaluation by the Foundation Gift Acceptance committee.Life income agreements- once again, some countries enable life income agreements, but in the US they are particularly popular because of the tremendous tax benefits brought about by these gifts.Estate or other planned gifts- this may not be a common practice across all cultures but can provide tremendous benefits to the donor for charitable giving. It is always advised that you consult your own financial specialist for the ideal charitable planned gift option to benefit you.
  • Today there are more gift designation options available than ever before. It is important that a Major donor has the opportunity to choose how their gift will be applied to best reflect what is important to them. This slide shows a summary of all gift designation options now available.The annual fund gifts are often thought of as small, however major gifts are crucial to achieving the ambitious goals established by the Trustees. This year’s goal of $120 million, once achieved, will set a new all time high record for Annual Fund contributions. With respect to PolioPlus , there will be an increased emphasis on major gifts as a way to meet the latest Gates Foundation challenge that was announced today. It is a 2-for-1 match up to $35 million of Rotary expenditures in the three countries with polio. As we continue to rally to eradicate this disease by 2018, it is not uncommon for districts to host events to engage the community and secure major gifts for PolioPlus. Rotary’s Endowment Fund-formerly referred to as the Permanent Fund is another way to designate a Major Gift. Before I turn this over to my fellow Panelist, RRFC Yinka Babalola to tell you more about this, are there any questions related to what I have shared with you regarding major gifts, pledges and gifts of real estate? (Possible question period)I will now turn this over to Panelist, RRFC Yinka Babalola to tell you about Rotary’s Endowed and term gifts to an area of focus.
  • The goal of the Rotary Foundation is to advance world understanding, goodwill and peace through the improvement of health, the support of education and the alleviation of poverty. Rotary’s Endowment plays a significant role in helping us achieve this goal as major gifts can now be endowed to a specific area of focus. This slide highlight’s Rotary’s six areas of focus which are:Peace & Conflict Resolution/PreventionDisease Prevention & TreatmentWater & SanitationBasic Education & LiteracyChild & Maternal HealthEconomic & Community DevelopmentThese 6 areas of focus form an integral part of the Rotary Foundation’s Future vision plan and RI strategic plan. Rotary International and the Rotary Foundation recognize that focusing gifts and service in these areas of focus can:Provide direction to Rotarian’s interested in developing service projectsImprove Rotarians capacity to address needsShow the world that Rotary is a global leader in humanitarian service.For many major gifts to an area of focus, your gift will become part of Rotary’s Endowment fund. Let’s talk about this.
  • Gifts to Rotary’s Endowment fund is giving for a lasting impact.Agift to Rotary’s Endowment ensures a strong future for the Foundation by providing a continuous stream of income that will fund Foundation programs in perpetuity. Gifts are invested, and the spendable earnings are used to support the program you have designated.With a gift of $25,000 or more, you can establish an named endowed fund within the larger Rotary Endowment. At this level, the spendable earnings can be directed to the World Fund, to SHARE or to the Rotary Peace Centers, to help where the needs are greatest. Why consider a personalized named fund? For many Rotarians, there is great satisfaction in knowing they are created a personalized lasting legacy of service that they can witness today and for their family in generations to come. The larger the gift, the more specificity afforded.
  • Special naming opportunities exist for Rotary’s Endowment Fund gifts of US$100,000 or more. Although these funds are comingled for investment purposes with the larger Endowment, these named endowed funds are tracked separately and donors receive a yearly, customized report and reported on separately to donors. $100,000 Area of FocusEndows a fund that provides general support to one of six areas of focus via the Global Grant structure.$250,000 Area of Focus & District ParticipationEndows a fund that provides support to a particular Area of Focus and specifies a district to participate. The donor may also designate a specific project to support, such as a Scholarship, Vocational Training Team or Humanitarian project. This option is very similar to the option for endowing an Ambassadorial scholarship under the old grant structure.$500,000 Area of Focus and Geographic LocationEndows a fund as described above and allows the donor to specify a specific geographic location which may be more narrowly or widely defined where the resulting global grants are to be used.$1,000,000 CustomizedTailored to match donor interest within Foundation mission/guidelinesFor an individual or corporation wishing to provide support at any of these levels, you will work one on one with a Rotary Senior leader-Regional Rotary Foundation Coordinator, possibly an Endowment/Major Gift advisor or Major Gift Officer staff to customize your gift and all related administration.
  • Term Gifts do not go through a three-year investment cycle and are not part of Rotary’s Endowment Fund, so the full amount of the gift is expended over a relatively short period of time – typically within the next Rotary year or two.Like gifts to the Endowment Fund, the larger the contribution, the more specificity the donor has with how it will be used. The Grants staff work closely with the donor to ensure the right fit to the project and that the donor’s goals are achieved.The resulting grants can carry the donor’s name.
  • These gifts fund large international humanitarian projects, vocational training teams, and scholarships that have sustainable, measurable outcomes in the one of the six areas of focus. Gifts of $15,000 or more can be designated a specific area of focus; the contribution is available for use on a worldwide basis and is not tied to a particular Rotary district or type of project (e.g. scholarship). Gifts of $30,000 allow the donor to designate a specific area of focus and Rotary district to participate; clubs and districts can add additional district designated funds or flow-through contributions if the grant is larger than $30,000. The usual World Fund match for flow-through contributions and district designated funds applies for the portion over $30,000.Before I turn this over to my fellow Panelist PDG Chris Offer, to tell you about the Rotary Peace Centers major Gift initiative and the prestigious Arch C. Klumph Society, are there any questions related to what I have shared with you regarding Endowed and Term Gifts to an area of focus?(Possible question period)I will now turn this over to Panelist, PDG Chris Offer to tell you about the Rotary Peace Centers major Gift initiative and the prestigious Arch C. Klumph Society.
  • Rotary Peace Centers Major Gift Initiative seeks to achieve a financial endowment goal of US$125 million by 2015. Through the generosity of Rotarians, we are currently at $84M towards this goal. This initiative has a Major Gift focus but does include Bequest gift commitments. The goal of the RPC MGI committee is to build the endowment fund contributions along with DDF (district designated fund) contributions, which will then grow the program awards and operations. This will also free up some of the world fund for use with global grant requests. Rotary Peace Fellowships are currently awarded to 110 individuals annually. The option exists to pursue either a Master’s degree in international peace and conflict resolution or a three month certificate in peace and conflict studies. There are six Rotary Peace centers established with seven international Universities Partners. The current cost to run this program is$6.6 Million a year, with an approximate cost of $75,000 per master degree, on average and this varies depending on studies ranging from 15 months to 24 months. Comparatively, $11,000 is the current cost per certificate program. Rotary supports the programs themselves, the stipend to university, tuition, living allowance-which covers accommodations, and round trip airfare. We are fortunate to have over 700 alumni from the program to date.
  • Similar to the opportunities listed for Major Gifts to Rotary’s Endowment, a donor can also choose to endow a gift specific to the work of the Rotary Peace Centers. As you can see from what is listed on this slide, that there are several opportunities to have influence and personal impact through a Major Gift in support of building peace through this initiative. Let’s review these together:$25,000 or more provides general support$100,000 endows an annual seminar$250,000 endows a fellowship for one professional development certificate student approximately every year$500,000 endows a fellowship for one master’s degree student approximately every three to four years
  • $750,000 endows a fellowship for one master’s degree student approximately every two to three years$1 million endows one visiting lecturer approximately each year$1.5 million endows a fellowship for one master’s degree student approximately every yearIt is important to note that the availability of spendable earnings with an endowed gift to support this program, may vary depending on investment performance and the Endowment Fund spending policy. This program holds special significance for me. Having a career background in law enforcement, I have seen first hand, the importance of conflict prevention and a focus on peaceful relations among all cultures and religions. I met a remarkable Rotary Peace fellow, from my own city-Bryan Nykon, who is a shining example of how a recipient of funding to complete this program, can return as a Rotary Peace Fellow to their career and have incredible impact and influence towards building a more peaceful community. This was one of the significant influences for my wife Penny and I in our decision to support this program directly through an Arch C. Klumph Society gift. Let me tell you a little more about the Rotary Foundation’s Arch C. Klumph Society.
  • As we mentioned at the beginning of our session, Rotary welcomes the opportunity to recognize gifts of $10,000 or more with Major Donor recognition. Within the Major donor recognition structure is a prestigious recognition level for gifts of $250,000 or more, known as Arch C. Klumph Society recognition (AKS)Donors who contribute US$250,000 or more may choose to be recognized in the Arch C. Klumph Gallery at Rotary International’s World Headquarters in Evanston, Illinois, USA. Donors photograph and biography are featured in an interactive display kiosk. Donors also receive a special lapel pin, a certificate signed by the RI president and The Rotary Foundation trustee chair, and an invitation to a special event for society members at the annual RI Convention-which happens to be tonight!The society is named in honor of The Rotary Foundation’s founder, Arch C. Klumph. You may be interested in knowing that last year, Rotary welcomed 55 new Arch C. Klumph society members to the family, which currently totals over 340 worldwide. Growing in popularity are AKS induction ceremonies dedicated to one geographic area, referred to a named days. Last year, Penny and I were part of the first ever all Canadian AKS day. Continued overwhelming generosity from several other countries has resulted in reoccurring AKS induction days for countries such as Taiwan, and others. Before I turn this over to my fellow Panelist Rotary International Director-Elect Greg Podd, to tell you about the Bequest Society and the Gift & Estate Planning Professionals group, are there any questions related to what I have shared with you regarding the Rotary Peace Centers Major Gift Initiative or the Arch C. Klumph Society (AKS)? (Possible question period)I will now turn this over to our next Panelist, Rotary International Director-Elect Greg Podd, to tell you about the Bequest Society and the Gift & Estate Planning Professionals group.
  • Last year Rotary welcomed 2, 794 new Bequest Society members globally. A Bequest gift is a gift from your estate to Rotary’s endowment fund that can provide ongoing financial support for one or more Rotary service areas, as if you were continuing to make annual contributions in perpetuity. It is important to note that most cultures support bequest gift commitments but certainly there are varying sensitivities, in terms of discussions on the issues. Similar to Major Donor recognition, you can identify a Bequest Society Member by the signature round pin. Bequest society gift commitments are recognized at seven levels ranging from level 1, beginning at $10,000 to level 7, defined as $1 million and above.If you are a bequest society member wearing your pin today, I thank you for this wonderful gift commitment to the future work of our Rotary Foundation.
  • To join our Bequest Society, you would need to make a minimum allocation of at least US$10,000 to Rotary in your estate plans. This provision can be revocable. You may be able to personalize your legacy through a named fund within Rotary’s Endowment Fund, as mentioned earlier. The separately identified fund could bear your name, your family’s name, or the name of a loved one. The Foundation will work with you and your advisers to prepare a customized testamentary gift agreement memorializing your intent. The minimum amount to establish a fund is US$25,000.
  • You can include Rotary in your estate plans in many ways — most commonly by making a gift in a will or adding to a will by a document known as a codicil. Alternatively, you might choose to make Rotary the beneficiary of a retirement plan or insurance policy. In most cases, your gift should be directed to “The Rotary Foundation of Rotary International.” Canadians may use “The Rotary Foundation Canada.”If you are making provisions in your will, there are four common gift considerations.a gift of a certain percentage or portion of the estate. For example: “I give to The Rotary Foundation of Rotary International one-fourth of my property.”a gift of a specific asset. For example: “I give 500 shares of XYZ stock to The Rotary Foundation of Rotary International.”a contingent bequest gift, which takes effect only upon the meeting of certain conditions. For example: “In the event my spouse does not survive me, I give to The Rotary Foundation of Rotary International XYZ amount.”a residual bequest, which directs all or a portion of whatever remains after all other required amounts are paid. For example: “I give the rest, residue, and remainder of my estate to The Rotary Foundation of Rotary International.”Once your changes to your legal documents have been completed, Rotarians are invited to complete the Bequest Society membership card-pictured above. This card is available on the website as well in different languages. We also have a few on hand here today should you wish to pick one up as you leave.
  • Just like what has been explained for Major Gifts, Bequest gift designation includes four areas of choice, all related to Rotary’s Endowment. Undesignated gifts provide support through the World Fund for Foundation programs with the greatest need. Alternatively, your Rotary districtmay help direct a portion of the spending from your bequest if you select the SHARE designation. You may also support a specific area of focus.It may interest you to know that a gift of $25,000 in your estate plan to “The Rotary Foundation Endowment –SHARE” would provide approximately $1,000 to the Annual Programs Fund to benefit your district annually, in your name, in perpetuity.
  • Here are just a few suggestions that each of you can do to help secure tomorrow. Discuss your estate plans with your spouse and childrenBecome a Benefactor or Bequest Society memberTalk with your financial planner about the benefits of Planned Giving Contact Planned Giving staff at TRF to discuss specifics about your estate planning situationWhat you do today will determine what Rotary can do tomorrow. Make a difference and start your personal legacy by making a gift to The Rotary Foundation in your estate plan.
  • Rotary is developing a plan to support a network of Rotarian gift and estate planning professionals who volunteer to promote planned giving options to their clients and local Rotarians. GEPP members are individuals who are in a profession that provides the opportunity to influence and assist Rotarians and non-Rotarians in making charitable contributions through planned giving vehicles, such as estate planning attorneys, certified public accountants, fund development professionals and certified financial planners. A high-end brochure that the professionals can use when speaking with Rotarian and non-Rotarian clients is under development. The brochure will explain the Foundation and provide a compelling case for contributing as well as the technical detail needed for advisors to help structure and facilitate gifts. A formal rollout of the group is set for 1 July 2013. Currently, not including RRFCs and Zone Team leaders who are included automatically by nature of their volunteer positions, there are 172 self-identified professionals from 13 countries. Before I turn the floor back over to our Moderator-Trustee vice chair, Stephen Brown, I will ask if there any questions related to what I have shared with you regarding Bequest gift commitments and the Gift and Estate Planning Professionals group? (Possible question period)I will now turn this session back over to our Moderator, Trustee Steve Brown.
  • We have shared a great deal of information about how to support our Rotary Foundation. One of the biggest considerations as to why to support our Foundation, relates to the sheer magnitude of what we have been able to accomplish globally. Just wander through Friendship hall and see a sampling of the many projects underway, and you get a true sense of the heart of Rotary. As we approach 100 years impact through our Foundation in 2017, we have much to be proud of as Rotarians. You may be interested in knowing that just last year, our Rotary Foundation earned a grade of A+ from the American Institute of philanthropy and a top rating of 4 stars from Charity Navigator, with 90% of our spending to programs, it far exceeds the industry benchmark of 65%, which is viewed as the measure of high efficiency. This truly makes us a good investment for donors. I would like to open the floor for discussion and any remaining questions at this time. (final question period)If you would like additional information, I encourage you to work with your Regional Rotary Foundation Coordinator, Endowed/Major Gift Advisor, district leadership and/or Rotary staff to address any questions you might have. Also, fund development staff can help to prepare proposals and can assist you with solicitations when requested. As I mentioned at the opening, if you had presented a question, which we were unable to address in today’s session, please provide me with your business card and I will ensure you receive an answer. I ask you to join me in thanking our panelists today. I also want to take this opportunity to thank you for choosing to attend this session, for your participation and most importantly, for your passionate commitment to Rotary International and our Foundation. Enjoy the remainder of the convention.
  • Major Gifts and the Endowment Fund

    1. 1. 2013 RI CONVENTIONMajor Gifts and Rotary’s EndowmentThrough generous individualcontributions, Rotary funds sustainableprojects that help address the world‟sgreatest needs.
    2. 2. 2013 RI CONVENTIONStephen R. BrownVice Chair, The RotaryFoundation (2010-14)Rotary Club of La Jolla GoldenTriangle, California, USAMODERATOR
    3. 3. 2013 RI CONVENTIONEVERY ROTARIAN, EVERY YEAR WORKSHOPGreg PoddRotary International Director-Elect (2014-16)Rotary Club of Evergreen, CO.USAPANELIST
    4. 4. 2013 RI CONVENTIONEVERY ROTARIAN, EVERY YEAR WORKSHOPGianni JandoloEndowment/Major Gift Advisor(2013-14)Zone 12, 13b & 19(p)Rotary Club of San Donato MilaneseItalyPANELIST
    5. 5. 2013 RI CONVENTIONEVERY ROTARIAN, EVERY YEAR WORKSHOPYinka BabalolaRegional Rotary FoundationCoordinator (2012-14)-Zone 20Rotary Club of Trans AmadiNigeriaPANELIST
    6. 6. 2013 RI CONVENTIONEVERY ROTARIAN, EVERY YEAR WORKSHOPChris OfferRotary Peace Centers-Major GiftInitiative Committee Member(2012-14)Rotary Club of Ladner, B.C.CanadaPANELIST
    7. 7. 2013 RI CONVENTION*NEW-The Rotary Foundation’s FundDevelopment CommitteeChair: Trustee Stephen R. Brown, USAVice Chair: Trustee Stephanie A. Urchick, USAMembers:Trustee Jackson S.L. Hsieh, TaiwanPDG -Louis A. Johnson, AustraliaRI Director- Shekhar Mehta, IndiaPast RI Director- Paul A. Netzel, USAPast RI Director- Ekkehart Pandel, GermanyRRFC -D. Brent Williams, USAPDG-Chang-Gon Yim, Korea
    8. 8. 2013 RI CONVENTION*New- Endowment/Major Gift Advisors• Endowment /Major Gift Advisors assist with theidentification, cultivation, and solicitation of gifts inthe amount of $25,000 or more including gifts to theRotary Foundation‟s Endowment• Forty-one E/MGA‟s globally
    9. 9. 2013 RI CONVENTION*New- Endowment/Major Gift Advisors• They will work with zone and district leadership tohelp with training and to assist districts to putsystems in place for the identification, cultivationsolicitation of gifts and to follow up with appropriate“thank you” communications.• They will help identify Rotarian professionals whocan work with Rotarians in structuring gifts to theFoundation.
    10. 10. 2013 RI CONVENTIONTopics:Major Gifts OutrightPledgesGifts of Real EstatePANELIST: E/MGA Gianni Jandolo
    11. 11. 2013 RI CONVENTION• Major gifts of $10,000 USD or more provide crucialsupport for Rotary‟s programs and can be fundedthrough:• Appreciated securities• $10,000 or greater Major gift pledge• Cash• Real estate• Life income agreements• Estate or other planned giftsWays to make a major gift
    12. 12. 2013 RI CONVENTION• Annual Fund• PolioPlus• Rotary’s Endowment FundGlobal GrantsRotary Peace Centers• Term GiftsGlobal GrantsRotary Peace CentersWays of Giving
    13. 13. 2013 RI CONVENTIONTopic:Endowed and TermGifts to an Area ofFocusPANELIST: RRFC Yinka BabalolaPeace & ConflictResolution/PreventionDisease Prevention &TreatmentWater & SanitationBasic Education & LiteracyChild & Maternal HealthEconomic & CommunityDevelopment
    14. 14. 2013 RI CONVENTION• Formerly known as the Permanent Fund• Gifts can be made today, or in the future (Bequest)• Spendable earnings directed to programs• Can establish special fund in donor‟s name• The larger the gift, the more specificity affordedRotary’s Endowment Fund
    15. 15. 2013 RI CONVENTION• Any contribution: area of focus pooled fund• US$100,000+: area of focus donor-namedgeneral support fund• US$250,000+: area of focus & districtparticipation• US$500,000+: area of focus & geographicregion• US$1,000,000+: Tailored to match donorinterest within Foundation mission/guidelinesRotary’s Endowment-Global Grants
    16. 16. 2013 RI CONVENTION• Spent in short time frame• Spent entirely on the program• The larger the gift, the more specificity• Grants can carry the donor‟s nameTerm Gifts
    17. 17. 2013 RI CONVENTIONUS$15,000: choose area of focus• Gift used worldwide• Essentially replaces World Fund• Donors receive report on grantUS$30,000: choose area of focus & district• Provides „free‟ grant to district• District can leverage & build larger grantTerm Gifts-Global Grants
    18. 18. 2013 RI CONVENTIONTopics:The Rotary PeaceCenters Major GiftInitiativeThe Arch C. KlumphSociety (AKS)PANELIST: RPCMGI Chris Offer
    19. 19. 2013 RI CONVENTION• $25,000 or more provides general support• $100,000 endows an annual seminar• $250,000 endows a fellowship for one professionaldevelopment certificate student approximately everyyear• $500,000 endows a fellowship for one master‟sdegree student approximately every three to fouryearsEndowed Rotary Peace Centers gift options
    20. 20. 2013 RI CONVENTION• $750,000 endows a fellowship for one master‟sdegree student approximately every two to threeyears• $1 million endows one visiting lecturerapproximately each year• $1.5 million endows a fellowship for one master‟sdegree student approximately every yearEndowed Rotary Peace Centers gift options
    21. 21. 2013 RI CONVENTIONUS$250,000 – Arch C. Klumph Society Level FiveTrustees CircleUS$500,000 – Arch C. Klumph Society Level SixChair‟s CircleUS$1,000,000+ Arch C. Klumph Society LevelSeven-Foundation CircleArch C. Klumph Society Donor Recognition
    22. 22. 2013 RI CONVENTIONTopics:Bequest GiftCommitmentsGift & EstatePlanningProfessionals Group(GEPP)PANELIST: RID Elect Greg Podd
    23. 23. 2013 RI CONVENTIONA Bequest Societymember is an individualor couple that has made aprovision in their estateplan to gift a minimumUS $10,000 to TheRotary Foundation.Bequest Gift Commitments- Your Rotary Legacy
    24. 24. 2013 RI CONVENTION• Will or Living trust• Charitable remaindertrust• Retirementplan/IRA/401(k)/• Life insurance• Donor advised fund• OtherA Bequest can be funded by:
    25. 25. 2013 RI CONVENTIONWithin the Rotary Endowment, your bequest gift canbe designated to:• World Fund• SHARE• An Area of Focus• Rotary Peace CentersBequest Gift Commitments- Gift Designation
    26. 26. 2013 RI CONVENTION• Discuss your estate plans with your spouse and children• Become a Benefactor or Bequest Society member• Talk with your financial planner about the benefits ofPlanned Giving• Contact Planned Giving staff at TRF to discuss specificsabout your estate planning situationWhat Every Rotarian can do:
    27. 27. 2013 RI CONVENTIONThe Gift and Estate Planning Professionals Group(GEPP) is a network of Rotarian gift and estateplanning professionals who volunteer to promoteplanned giving options to their clients and localRotarians.Gift & Estate Planning Professionals Group (GEPP)
    28. 28. 2013 RI CONVENTION• Contact your Regional Rotary FoundationCoordinator and district leadership• Talk to your zone‟s Endowed/Major Gift Advisorand/or Major Gifts Officer• Contact your international officeFor Additional Information:
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