Rotary Foundation Earns Top Honors
Every year, the Chronicle of Philanthropy ranks the top 400 nonprofit organizations in the United States. The Rotary Foundation has continued its steady growth, moving up 35 spots to 85th. The ranking is based on monetary contributions from private sources and reflects the increasing generosity of those who support Rotary's mission. According to the Chronicle, the Foundation received $239,576,000 in 20l3, a 32.4 percent increase from the previous year.
The Foundation recently earned a 4-star rating from Charity Navigator, the largest and most prestigious independent evaluator of nonprofits in the United States. In the 20 l3-14 Rotary year, 92 percent of the Foundations expenditures were applied to programs, with only 6 percent spent on fundraising and 2 percent on administrative expenses. The Foundation funded $23.5 million in district grants and $47.3 million in global grants. These grants support local and international humanitarian projects as well as scholarships.