The Trustees of the Rotary Foundation have implemented a new funding model effective July 1, 2015 to ensure long-term financial sustainability and stability. The new model draws on 5% of annual fund contributions, 5% of cash contributions for global grants, and up to 10% of select corporate gifts to build an operating reserve and fund operating expenses like fundraising and administration. Once the operating reserve is fully funded, excess funds will be moved to the endowment to generate spendable earnings to fund programs into the future. The new model aims to make the Foundation less reliant on volatile investment returns and allow it to be more competitive in fundraising.