The Minneapolis Rotary Foundation
The Minneapolis Rotary Foundation is a Minnesota 501c3 nonprofit corporation through which the service mission of the Minneapolis Rotary Club is funded. Its goal is to maximize the resources available to fund service projects through an annual fund, special event fundraisers, and earnings on its endowment funds. Endowment funds have grown thanks to generous legacy and memorial gifts and special gifts from members and friends. Fulfillment of its mission requires assuring club members both good governance and good stewardship.
The 21st Century Club is one of the largest endowment funds of the Minneapolis Rotary Foundation. The gifts and bequests to this fund are invested in perpetuity, and the Foundation’s Board designates a portion of the investment return each year to support the Minneapolis Rotary Club’s service programs. The club also receives other endowments from:
In total, the Minneapolis Rotary Foundation’s assets approach $3 million with additional promises of over $5 million. This places us in the top 20 of Rotary foundations in the country.
Between the annual campaign that raises over $75,000 each year and the earnings from the endowments, Minneapolis Rotary is able to expend about $180,000 annually in support of its service mission. In one year of service, we will be able to expend about $200,000.
Foundation Bookkeeper is Betsy Stolfa (firstname.lastname@example.org)
Our members also choose to support the Rotary Foundation that is the tax exempt foundation of Rotary International. Through leveraged giving, our individual gifts fund critical and effective projects throughout the world. Our members are dedicated to the mission of our Rotary Club in Minneapolis and to Rotary International.