Rotary Foundation Canada

7-1615 North Routledge Park
London, ON N6H 5L6
President: Richard Clarke
Vice-President: Monty Audenart

Charitable Reg. #: 11912 5797 RR0001
Sector: Social Services
Operating Charity

Donor Accountability

Grade: D

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements available only through official request for information from Canada Revenue Agency [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #0

Avg. Compensation $0

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2012

About Rotary Foundation Canada:

Founded in 1967, the Rotary Foundation of Canada enables Rotarians to advance world understanding, goodwill, and peace through the improvement of health, the support of education, and the alleviation of poverty. Rotary International is a community-based service organization whose mission is to bring together business and professional leaders in order to provide humanitarian services. There are 735 Canadian clubs registered with Rotary International. The Foundation receives all its donations from these Canadian clubs.

The Foundation raises funds for Rotary International’s programs. Rotary’s largest initiative is PolioPlus, which aims to eradicate polio through vaccinations, particularly in Afghanistan, Nigeria, and Pakistan, the last three countries where polio remains endemic. In F2012, 50% of the Foundation’s grant funding went towards the PolioPlus program; the remaining 50% went towards various other humanitarian and service projects administered by Rotary International.

Financial Review:

Fundraising costs are 5% of donations and administrative costs are 4% of revenue. The Foundation has funding reserves of $18m, which cover annual program costs 2.6 times. The Foundation reported no compensation costs in any of its operating years.

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 4.2%5.1%6.5%
Fundraising costs as % of donations 5.1%5.4%11.3%
Program cost coverage (%) 264.1%348.6%224.0%

Summary Financial Statements

All figures in $000s
Donations 7,2107,4725,999
Investment income 502334344
Total revenues 7,7127,8066,343
Grants 6,8274,5014,591
Administrative costs 300380387
Fundraising costs 367400676
Other costs 9210693
Cash flow from operations 1262,419596
Funding reserves 18,03115,68910,285
Note: Ci removed unrealized gain (loss) on investment of $34k in F2012, ($82k) in F2011, and $5k in F2010. Ci reported investment income gross of investment management fees of $92k in F2012, $106k in F2011, and $93k in F2010.

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