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

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 of their charity dollars to TARFT and gain the benefit of full Tax Deductibility  Trustees working to achieve status where funds donated in Australia can be used on projects in Australia.