November 2016

Welcome to the Webinar Session

on Planned Giving

23 November 2016

Planned Givingof

The Rotary FoundationShakuntala Raha, International Fundraising , ManagerThe Rotary Foundation, South Asia Office

November 2016

Annual Fund

Polio Plus Fund

Restricted Giving-

Approved Global Grant

Restricted Giving- Term

Gift/CSR

Planned Giving-

Benefactor/Bequest

Endowment Fund- Named Endowment

The Rotary Foundation

Ways to Support The Foundation

Fund Composition

Endowment Fund- Be Part of Rotary Forever

Contributions to The Endowment Fund are NOT spent.

Contributions are invested in perpetuity. Only the earnings are used to support Foundation Programs.

Vision: Building Endowment Fund 2025 by 2025

As of 30 June 2016 there were 1,308 named endowments in 41 countries and geographical regions with a total gift value of $195.3 million. 

Endowment Fund- Be Part of Rotary Forever

Named Endowment is established with a gift of $25,000 or more

Endowed fund invested permanently to build long-term stability for Foundation

Endowed Fund can support Peace Scholars of The Foundation

Building a legacy for family/trust

Portion of Spendable earnings available to Districts till perpetuity

Major Gift Pledges

The Foundation may accept unconditional promises to give (pledges) with payment terms generally of three years or less and valued at $10,000 or more. The first payment should represent an equal portion of the total value of the pledge.

Pledges must also comply with the following restrictions:

• Payments must come from the individual or entity making the pledge.

• Payments cannot be made through Rotary Direct.

• A pledge must be for a single designation only (no split-designation pledges).

• Past giving cannot apply toward the pledge.

Endowment Fund- Naming Opportunity

$1,000,000 :Discuss your gift with The Rotary Foundation of Rotary International.

$500,000: Global Grant Endowed Fund with optional geographic location

$250,000 :Global Grant Endowed Fund in one of Rotary’s areas of focus.

$100,000 :Area of Focus Endowed Fund to global grants developed around the world in one of the areas of focus

$25,000 Named Endowed FundProvides general support to the World Fund, SHARE, or Rotary Peace Centers.

Rotary Peace Centers endowment opportunities

$1.5 million: Supports one two-year fellow at a Rotary Peace Center every year

$1 million: Supports one two-year fellow at a Rotary Peace Center every two years

$1 million: Supports a visiting lecturer at a Rotary Peace Center every year

$750,000: Supports one two-year fellow every three years $500,000: Supports one two-year fellow at a Rotary Peace Center

every four years $250,000: Supports one certificate program fellow every year $100,000: Supports annual seminar at a Rotary Peace Center every

year $25,000 and up: Fund that provides general support to the Rotary

Peace Centers

How your Gift Option Works

Planned Giving TooL- Life Insurance Policy

The Foundation will accept ownership of Life Insurance Policies that meet the following Criteria.

• If the Policy to be gifted is fully paid As of the date of the gift.

• The Policy must have a minimum face value of $1,000

• The life expectancy of the insured must be less than 15 years, as determined actuarially. Individual Insurance Policies purchased by a Group of Individuals will not be accepted

• The Foundation must have the ability to liquidate the policy for cash value Net of any Liquidation Charges.

• The Policy must be Free of Loans when The Foundation takes ownership.

Planned Giving Tools- Estate Gifts / Legacy Gifts

A legacy gift to the Foundation is a gift made in the donor’s WILL, revocable trust, or a similar estate planning document that effects a transfer at death.

Estate gifts are generally arranged during the donor’s lifetime, with the transfer of assets taking place after the donor’s death. When practical, any estate gift that would require approval of the transfer of the asset should be reviewed and approved by the Foundation prior to the commitment being finalized.

Donors are advised to consult with the Foundation regarding how to designate the gift and to discuss any restriction that is being considered.

Bequest Society Member

The Rotary Foundation recognizes couples or individuals who have made commitment in their estate plans or endows insurance policy totaling $10,000 or more. Recognition items commemorate giving at these levels:

• Level 1: $10,000 to $24,999• Level 2: $25,000 to $49,999• Level 3: $50,000 to $99,999• Level 4: $100,000 to $249,999• Level 5: $250,000 to $499,999• Level 6: $500,000 to $999,999• Level 7: $1,000,000 to $2,499,999• Level 8: $2,500,000 to $4,999,999• Level 9: $5,000,000 to $9,999,999• Level 10: $10,000,000 and above

Bequest Society Member/Benefactor

Bequest Society Member

World : 12,160

India : 49

Zone 4 : 28

Zone 5 : 17

Zone 6A: 04

Benefactor

World : 98,171

India : 1473

Zone 4 : 627

Zone 5 : 796

Zone 6A: 97

Zone wise Endowments

Zone Numbers Gift Value Market Value

Zone 4 92 $6,764,948.99 $7,559,987.70

Zone 5 137 $4,107,640.52 $4,534,655.53

Zone 6A 14 $492,343.99 $531,643.94

India 241 $11,298,151.49 $12,539,510.31

As of September 2016As of 30 June 2016 there were 1,308 named endowments in 41 countries and geographical regions with a total gift value of $195.3 million.

By making outright giving or commitment of US$1,000 or more to TRF Endowment Fund (Provision in Will/Life Insurance/other Gift Plan) a donor is eligible for Bequest recognition

Benefactor

Bequest Society member commitment form

Bequest Society member commitment form

Bequest Society member commitment form - IndiaBequest Society Members in India

I (name) member of Rotary Club of District and my spouse (name) have

Bequeathed in my duly Registered WILL dated _________ an amount of INR (US$ )

voluntarily to “The Rotary Foundation”, which has been accepted by the Trustees of Rotary Foundation. A true copy of the will duly Certified by a notary is enclosed.  I have no objection if the same is utilized as per the option given by me in Bequest Society Membership Card by “Rotary Foundation (India)” as I understand that “Rotary Foundation (India)” is registered as a Society under the Society Registration Act. 1860 and “Rotary Foundation (India)” is an associate of the “The Rotary Foundation” established in 1983 as a not-for-profit corporation under the laws of the State of Illinois, USA. ________________________Signature of the Donor 

Draft – for Endorsing Insurance PolicyTO BE EXECUTED ON A STAMP PAPER (VALUE VARIES FROM STATE TO STATE)

ABSOLUTE ASSIGNMENT

I, ………………………………………… the assured in consideration of granting of Benefactor Recognition by The Rotary Foundation, do hereby as beneficial owner absolutely assign by way of gift unto Rotary Foundation (India), Thapar House, (2nd Floor, Central Wing), 124, Janpath New Delhi – 110001 his/her Heirs, Executors, Administrators and Assigns, the Policy of Assurance on my life granted to me by the Life Insurance Corporation of India assuring the sum of Rs…………… (Rupees ………………… Only) and numbered ……… and bearing the date ……… and the sum assured thereby and all other moneys, benefits and advantages to be received thereunder.

Date:Place:Signature of the Life Assured

WitnessSignature:Full Name:Designation:Address:

Draft – for Endorsing Insurance PolicyThe Senior Branch Manager, Place: ___ Insurance Company, Date: ___________________________,

Policy No.___________

I hereby give you notice that I have assigned the above policy to the assured

“M/s Rotary Foundation (India), Thapar House, 2nd Floor, Central wing, 124, Janpath, New Delhi – 110 001 on _____________(Date of Assignment)

Please acknowledge receipt of this notice and forward the enclosed Policy to M/s Rotary Foundation (India) after registering the assignment thereon in your books.

Certified that the thumb impression herein is that of Sri ____________, R/o _____________, who admits having affixed the same after understanding the contents hereof.

……………………..

……………………………..(Signature of Witness)

(Signature/Thumb impression

of assignor)Address: