Foundation Moment - Monthly
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Foundation Moment Sept 21, 2020
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Bruce Gray, President Elect and Foundation Chair,  introduces the Rotary International Foundation though a series of "Foundation Moment" stories.  He presents once a month as part of our weekly programs. 
 
At the 1917 Rotary convention outgoing RI President Arch Klumph proposed setting up a foundation for the purpose of doing good in the world. The initial contribution was $26.50, setting in motion a power force that has changed millions of lives around our world.
 
In 2019 the Foundation received $420 million from all sources and allocated $375 million toward grants and scholarships that promote the goals of Rotary.  Since 1947 $4.7 billion has been funded by the foundation.
 
For 12 years in a row the RI Foundation has received the “highest rating” from Charity Watch as 92% of the funds received are expended.
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