Rotary Club of Chapin Sunrise
|
|||||||
The Evolution of the Rotary FoundationBack in 1917, Rotary President Arch C. Klumph had proposed that an endowment be set up "for doing good in the world." In 1928, this endowment became a not-for-profit corporation known as The Rotary Foundation. Upon the death of Paul Harris in 1947, an outpouring of Rotarian donations made in his honor, totaling US$2 million, launched the Foundation's first program — graduate fellowships, now called Ambassadorial Scholarships. Today The Rotary Foundation improves the lives of people in every corner of the world by promoting world understanding and peace through local, national, and international humanitarian, educational, and cultural programs. Since 1947, the Foundation has awarded more than US$1.1 billion in humanitarian and educational grants, which are initiated and administered by local Rotary clubs and districts. Started in 1965, Matching Grants for International Humanitarian Projects is a Rotary Foundation program that matches contributions raised by Rotary clubs and districts for international service projects involving clubs in two or more countries. |
|||||||
|
|||||||