The Australian Rotary Foundation Trust (TARFT) Trustee, PDG Peter - - PowerPoint PPT Presentation

The Australian Rotary Foundation Trust (TARFT) Trustee, PDG Peter Rostron

Elements for Discussion

 Associate Foundation  What the Trust is all about  The Programs offered by the Trust  How are the Programs offered  Contributions – methods and tax deductibility  Examples of how money is spent  Future Planning  Goals for 2010/11 and beyond

Associate Foundation

 Associate Foundation  Purpose is to provide tax benefits to Rotarians  Major Goal - Increase Donations to the Rotary

Foundation

 Reference to Associate Foundations may be found

• n pages 134 and 275 in MOP - 2004

What is the Trust all about?

 Fund supports Humanitarian Projects  Supported by Clubs, Rotarians & Friends  The Trust brings hope

to those less fortunate than ourselves.

The Programs offered by the Trust

 Humanitarian programs to improve human

conditions

 To advance the organisation’s ultimate goal of world

understanding and peace

 Projects to improve the quality of life

How are the Programs offered?

 The Foundation matches Rotary club &/or district

monetary contributions towards worthy Grants that fund long term international, humanitarian development projects.

 The Rotary Foundation Trustees are responsible for

managing the funds and their distribution

 Trustees of the ARFT are to make sure that the funds

are spent in appropriate locations/countries

Contributions – methods.

 Rotary Centurion – A$100 each year.  Sustaining Member – US$100 per year.  Paul Harris Fellow – US$1,000.  Polio Eradication.  Major Donor – US$10,000.  Paul Harris Society Membership

Contributions – methods.

 Regular Giving – Monthly

Quarterly Half Yearly Yearly

 Cash, or  Credit card – Visa

Mastercard

 Direct Debit

Tax Deductibility.

 All donations are tax deductible  Cheques made payable to

“The Australian Rotary Foundation Trust.”

 Funds can only be used for humanitarian projects

that are undertaken in countries approved by DFAT

 Accrues PHF Points

Recent examples of how TARFT money is spent.

 MG to Macang Village, Bali, Indonesia. A$12,306  MG in Banda Aceh, Indonesia, A$29,172  MG to Guiuan Municipality, East Samar Province of the

• Philippines. A$81,238

 Australian Government Funds to Polio Campaign was paid

through the Australia Rotary Foundation Trust

 We are a fully recognised and accepted Trust

by the Australian Government.

RECEIPTS AND PAYMENTS

For the region

(APPROX.) F IGURE S IN USD MIL L ION

RECEIPTS RI 3.4 TRF 8.7 12.1 PAYMENTS Total 12.8

Areas of payments

 Water / Sanitation  Education / Literacy  Disease prevention / treatment  POLIO  Maternal / child health  Community Services  Ambassadorial Scholars

PAYMENT DESTINATIONS

29% 22% 5% 18% 1% 10% 3% 12% Philippines Australia New Zealand Taiwan Sudan Malaysia Indonesia Fiji

Future Planning

 On-line contributions  Tax deductibility for Australian projects  Gift card program  Expanded emphasis on direct debit  Matching employee contributions

Goal for 2010/11

 Encourage Rotarians, their friends, and businesses

with which they are associated to channel a portion

• f their charity dollars to TARFT and gain the benefit
• f full Tax Deductibility

 Trustees working to achieve status where funds

donated in Australia can be used on projects in Australia.