Object of Rotary
The Object of Rotary is to encourage and foster the ideal of service as a basis of worthy enterprise and, in particular, to encourage and foster:
The development of acquaintance as an opportunity for service;
High ethical standards in business and professions, the recognition of the worthiness of all useful occupations, and the dignifying of each Rotarian's occupation as an opportunity to serve society;
The application of the ideal of service in each Rotarian's personal, business, and community life;
The advancement of international understanding, goodwill, and peace through a world fellowship of business and professional persons united in the ideal of service.
The Four-Way Test
From the earliest days of the organization, Rotarians were concerned with promoting high ethical standards in their professional lives. One of the world's most widely printed and quoted statements of business ethics is The Four-Way Test, which was created in 1932 by Rotarian Herbert J. Taylor (who later served as RI president) when he was asked to take charge of a company that was facing bankruptcy.
This 24-word test for employees to follow in their business and professional lives became the guide for sales, production, advertising, and all relations with dealers and customers, and the survival of the company is credited to this simple philosophy. Adopted by Rotary in 1943, The Four-Way Test has been translated into more than a hundred languages and published in thousands of ways. It asks the following four questions:
Of the things we think, say or do:
- Is it the TRUTH?
- Is it FAIR to all concerned?
- Will it build GOODWILL and BETTER FRIENDSHIPS?
- Will it be BENEFICIAL to all concerned?
The Rotary Foundation of Rotary International and The Calgary Rotary Clubs Foundation
- Both Foundations have endowment Funds.
- The Calgary Rotary Clubs Foundation (CRCF) is only an endowment fund. Put $1000 in and every year we will get back, under current guidelines, 5% per annum, that is, $50 to go towards our projects, year in and year out. But, with over $750,000 in the fund, that is more than $37,000 a year we can put to work together with the funds we generate from fundraising - like the Christmas wreaths.
- The Rotary Foundation of Rotary International (TRF) has a menu of funds that you can direct your donation to: some are endowed funds and some are available for distribution of capital.
- With The Rotary Foundation SHARE options there is also an opportunity to leverage the donations, thereby making a SIGNIFICANT difference to the GOOD we can do in the world. There are several areas in the Rotary Foundation that members can donate to, but here is an example of two of the more common designations:
- Annual Fund Share Funds donated to the Annual Fund SHARE are invested by the Foundation for three years with the interest earned going to cover the administration costs of the Foundation. After three years the funds become available for supporting Rotary programs. There is a general misconception that funds donated to The Rotary Foundation (TRF) do not impact local projects. This is far from the truth. In fact, almost half the grants are used locally. In our District, $440,000 is available this year for grants. That means roughly $220,000 of funds will be used by clubs for LOCAL projects. By giving money to the Rotary Foundation Annual Fund SHARE, you can see the leverage that can be achieved. What a difference! So it is definitely worth donating to the Annual Fund SHARE and making your dollars go further.
- The Polio Pus Program started in 1986 with a goal to eradicate polio from the world. Rotary members have been working for over 30 years to end polio. Through the "End Polio Now: Make History Today" campaign, the Bill and Melinda Gates Foundation will match two-to-one every dollar Rotary commits to polio eradication. We are very close to our goal of total polio eradication, and a final push is needed. Your contribution will make a difference and we truly appreciate your support.
The Calgary Rotary Clubs Foundation
For more than 100 years, Rotary has been active in Calgary helping to make Calgary "A Better Community".
The Calgary Rotary Clubs Foundation (CRCF) is a funding foundation, not a granting organization. The CRCF manages funds on behalf of the member clubs - it does not distribute directly to charities. The CRCF is managed by a board of directors which is comprised of members from each participating club. The board is responsible for ensuring that the pooled funds of the member clubs are invested safely with recognized money managers and that returns are maximized to provide sustainability for the fund in perpetuity. Funds are then distributed annually to the member clubs, which in turn are tasked to donate these returns to worthy charitable organizations. Calgary West has over $750,000 in the CRCF Foundation and at 5% this equates to $37,500 to be used for our projects. There are several ways you can contribute:
- Bequests: By making a bequest upon your death through a codicil to your will.
- Life Insurance: Transfer an existing policy or purchase a new policy with the CRCF as the beneficiary.
- Donation of Securities: Marketable securities can be gifted to the foundation.
- Memorial Tributes: Consider a contribution in memory of a deceased friend or colleague.
- Cash Contributions: Consider the merits of making an annual donation. If these are done online at www.CalgaryRotaryFoundation.ca the Alberta Treasury Branch will add an additional 15% (some limitations apply).
Our Jubilee year began with an announcement that our members were 100% Paul Harris Fellows. This was truly a great achievement. However, this goal was not an end unto itself, it's just the beginning. Our club has been a huge recipient of funds from both Foundations which has given us the opportunity to support projects in Mexico, Guatemala, and Honduras, as well as many community projects. These foundations have allowed us to put a foot print on helping the people of the world. When you think about it, the Foundation has allowed us to bring to life our Jubilee theme: MY PASSION, MY MOMENTS, OUR ROTARY.
Let's reach a new goal of 100% participation in either the TRF or CRCF. This is what "Every Rotarian — Every Year" means.
- For new Rotarians, you have the opportunity to become members of the Rotary Foundation, either by purchasing a Paul Harris Fellowship for $1000US, or by becoming a sustaining member by pledging $100US each year to the Foundation. This will be matched by our club up to $200US.
- For existing members you can continue to donate each year to the foundation either by
- Issuing a cheque, or
- Signing up to have an automatic donation charged to your credit card, either monthly or quarterly. It's really quite easy: go to myrotary.org and sign in to your account. Roughly 25% of our club is on this plan, and we would like to increase this to 50% ($11 per month will equate to $100US per year).
reported by Mike Carlin in the November 6, 2017 Weekly Westerner bulletin