The Foundation Development Committee seeks to increase the Club’s permanent endowment fund by promoting annual contributions or pledges, and encouraging bequests and memorial gifts. Annual distributions from the Foundation portfolio have risen to $68,571, increased from $64,119 in FY2017, and averaging a 6.7% annual increase over the past 13 years.
Here is a comparison of recent giving to The Rotary Club of Ann Arbor Foundation:
- 2017 – $26,711 (121 donors, with $600 in memorials, 1 large gift of $5,000)
- 2016 – $44,136 (97 donors, with $225 in memorials, 2 large gifts totaling $25,000)
- 2015 – $24,305 (156 donors, with $4,425 in memorials)
- 2015 – $25.019 (138 donors, with $1,375 in memorials & receipt of bequest of $25,000).
The Foundation Development Committee completed the design and publication of the Ann Arbor Rotary Foundation brochure (right-hand side of figure).
To increase the contributions to the community from the Foundation from the current $68,500 level to $100,000 annually, the Committee encourages the Club membership to double its annual support of the Ann Arbor Rotary Foundation. As shown on the left side of the graphic, an increase in the size of the Permanent Endowment by $0.8M will allow us to increase our annual support of community projects from $69,000 to $100,000.
Chair, Norman Herbert