Rotary Foundation Australia the new PBI Maurie Stack

Rotary Foundation Australia the new PBI Maurie Stack - Chair

Background • TRF formed The Australian Rotary Foundation Trust (TARFT) • to provide tax deductibility in Aus • trustee is Rotary Foundation Australia • Donations to TRF in AUD$ go to TARFT.

TARFT outcomes • Has funded many projects in developing countries • High-impact projects! • e. g. Centenary project – Give Every Child a Future: • vaccinating 100, 000 children in 9 Pacific Island countries • against 3 diseases: • Rotavirus (diarrhoea), • Pneumococcal disease (meningitis, pneumonia & blood poisoning), and • Human papillomavirus (cervical cancer).

However… • Contributions to TARFT can only be directed to o/s projects • (TRF does support Aus projects • by using funds from overseas TRF sources • e. g. GGs and recent Disaster Response Grants for bushfires) • But: • we can’t appeal for Aussie donations • for local Aussie projects.

Rotary Foundation Australia • Board of leading Rotarians from across Australia • important think tank • trustee of TARFT – largely passive • So the board set itself a goal: • tax deductibility for Aus donations for Aus projects • led by Past Chair Lou Johnson.

Significant opportunities • Large corporations • very well-funded corporate sustainability programs • Private Ancillary Funds (since 2002) • private ‘charities’ – donations tax deductible • can’t spend $ – must donate to a registered charity • minimum 5% of capital annually • approaching $1 billion pa • Generally, they want to use $ within Aus … so not us

The new PBI • Nov 20 – our Public Benevolent Institution registered • can now raise funds for projects in Aus • (and for overseas projects) • Opens opportunities to attract $ from: • private ancillary funds and wealthy individuals • corporations • gov’t grants.

Match made in heaven 1. Very large pools of funds: • Private Ancillary Funds – ~$1 billion pa • Corporations – ~$20 billion pa 2. We can deliver outcomes: • 1, 000+ clubs & 25, 000+ volunteer Rotarians • deeply connected to local communities throughout Aus • supported by the global Rotary network • with very low (8%) overheads (5% for ‘Directed Gifts’).

… Match made in heaven • Our Areas of Focus: • align with UN’s Sustainable Development Goals • and corporations / PAFs align with SDGs • Our credibility: • Charity Navigator’s highest 4 star rating • for 13 straight years! • (And our tax deductibility )

Beneficiary focus Indigenous Australians Refugees Homeless Victims of domestic violence Victims of disasters particularly natural disasters, such as floods, fires, drought and bushfires Plus other high-impact humanitarian outcomes.

How can you help? Do you know a well-resourced communityminded company or individual? Let us know! • For this program to succeed, we must adopt a coordinated approach: • log prospects with RISPPO • Rob for corporations and government • Mark for PAFs and wealthy individuals • We’ll put together a team and make the pitch.

…How can you help? Do you have a project in Aus that: relieves the sickness, suffering, misfortune or poverty of people in need? within our 7 Areas of Focus with a project value of $50, 000+ Let us know, we may be able to find funding.

Our aim To match: substantial projects in Aus with high-wealth corporations and individuals We continue to support overseas projects not limited to projects in Aus Charities winding up another source of funding.

Our methodology • Form an engagement team with: • RFA specialists • clubs / districts • Usually invite party to make a Directed Gift: • minimum A$50, 000 • sign Directed Gift agreement • identifies District to receive funds and Area of Focus • can agree specific project with District.

Club receiving funds • Normal global grant application: • still need international partner • but the 15% match is not mandatory (Directed Gifts) • comply with usual GG requirements • RFA must be able to certify that the project: • relieves the sickness, suffering, misfortune or poverty of people in need.

Rotary Foundation Australia let’s partner with corporations and wealthy individuals

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