Rising income can’t overcome Rotary’s market losses

Recently released financial reports for 2014-2015 show Rotary International’s dues rose by $2 million but its investment portfolio lost more than $5 million. That resulted in a reduction in assets of $12 million.

Meanwhile The Rotary Foundation, a totally separate operation, showed a loss of assets approaching $6 million.

 

Some other highlights:

--Rotary cut the cost of services by $2 million, partly by streamlining paperwork.

--The Rotary Foundation made grants of 2014-2015 of $224 million with administrative expenses of only $4.8 million.

The complete report can be found on the web at www.rotary.org, search for financials.