Scottsdale Rotary,Rotary International,District 5510,Rotary Club,Scottsdale,Arizona
Foundation Funds
FoundationHOME PAGERecognition ProgramsScholarshipsGiving CategoriesGiving MethodsFoundation DirectorsRolly FellowsClub Email AddressesCodicil

The Scottsdale Rotary Club Foundation offers a variety of funding mechanisms in order sustain and build on its many programs and projects.

RECOGNITION PROGRAMS: THE "ROLLY FELLOWSHIP"

 

GIVING METHODS:

Gifts       Wills / Bequests / Trusts

Annual Pledges     Happy Bucks & Fines

 

FOUNDATION FUNDS

  1. THE ENDOWMfoundation logo.jpgENT/PERMANENT FUND: This fund is designed to perpetually preserve and sustain the programs and projects of the Rotary Club of Scottsdale and the Scottsdale Rotary Club Foundation. Additionally, this fund pays for the traditional Educational Scholarships annually awarded by the Scottsdale Rotary Club Foundation. Only the interest and realized gains on original contributions are utilized. Are you interested in endowing an annual scholarship? Please contact Executive Director Gloria Swayzee at Director@ScottsdaleRotary.org
  2. THE ROTATING FUND: Contributions, such as Happy Bucks and Fines are utilized in the second fiscal year following receipt. This mechanism was designed to sustain giving levels for subsequent budgets. 
  3. THE SPECIAL PROJECTS FUND: Donations, such as Unrestricted Pledges, In-Kind, Crisis Contributions and calls to support specific Board authorized projects are distributable upon receipt.

 

RESTRICTIONS ON USE OF FUNDS

RESTRICTED DONATIONS/CONTRIBUTIONS: Donations must be $100 or more and may only be restricted to Board approved Giving Categories designated by the donor.

UNRESTRICTED DONATIONS/CONTRIBUTIONS: These funds are used at the discretion of the Board.

 

FUND MANAGEMENT

ASSET MANAGEMENT: CASH is deposited in FDIC insured, interest bearing accounts and certificates of deposit; STOCKS AND BONDS are managed by Board authorized and qualified brokers; OTHER ASSETS, such as real estate and life insurance, are managed by qualified professionals approved by the Board.

ASSETS RECEIVED: Members and other donors may contribute cash, securities, real estate and other assets to the Foundation; however, the Foundation Board of Directors shall have the right, in its discretion, to refuse to accept (1) any asset contributed except cash; and/or (2) any restricted gift.

 
 
The Scottsdale Rotary Club Foundation | Home Page | Foundation Recognition Programs | SRC Foundation Scholarships | Donation Categories | Giving Methods | Foundation Board of Directors | Rolly Fellows | YourName@ScottsdaleRotary.org | Codicil