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The foundation was created in 1917 by Rotary International's sixth president, Arch C. Klumph, as an endowment fund for Rotary "to do good in the world." It has grown from an initial contribution of US $26.50 to more than US $1 billion.
If a donor is contributing property that would have yielded a long-term capital gain in a sale, then the deduction for the contribution is limited to 30% of donor's adjusted gross income in the year of donation if the donee is a public charity, and limited to 20% if the donee is a private foundation. Contributions over the respective AGI ...
Map of the presence of Rotary International. Rotary International is one of the largest service organizations in the world. The self-declared mission of Rotary, as stated on its website, is to "provide service to others, promote integrity, and advance world understanding, goodwill, and peace through [the] fellowship of business, professional, and community leaders". [1]
Ambassadorial Scholarships (founded 1947) was a program of the Rotary Foundation.The program ended in 2013 and was replaced by the Rotary Global Grant Scholarship, which expands on the Ambassadorial mission, by now ensuring that every Rotary Scholar advance Rotary's International mission to " promote service to others, promote integrity, and advance world understanding, goodwill, and peace." .
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To pursue a two-year master's degree or certificate in international relations, peace, and conflict resolution at one of the Rotary Centers for International Studies. Locations: Duke University (North Carolina, USA), University of Uppsala (Sweden), Japan, England, Australia. [1] 3. Faculty Scholarship. To teach in a low-income country.
Additionally, individual Rotary clubs may from time to time award the honor to an individual who meets the high professional and personal standards exemplified by Paul Harris, the founder of Rotary International, without the honored individual having made any monetary contribution. The recognition is not limited to Rotarians.
As of 1 July 2020, Rotaract clubs can exist on their own or be sponsored by Rotary and/or Rotaract clubs. This makes them true "partners in service" and key members of the Rotary family. [ 3 ] A Rotaract club may, but is not required to, establish upper age limits if its members so desire and record it in the club's bylaws.