Foundation is Rotary's charity, one of the largest charities in the world. Each Club is tasked to raise up to $100US per member per annum. This is done through personal gifts and donations as well as other means. For example this year members were asked to raise funds by holding tea parties using tea caddies provide by Yorkshire Tea.
The funds raised each year are invested for three years. The interest earned is used to pay for any administration costs before any interest remaining plus the whole of the funds originally raised are then used. The many projects include:-
Matching Grants, for example, helping a 3rd world community where funds raised by a Club are 'matched' by funds from Foundation.
Group Study Exchange Teams where, under a Rotarian leader, a small team of young people go to another country to find out conditions locally at first hand and to see how their jobs are carried out there.
Polio Plus Partners where Rotary has been the leader for 20 years in the project to eliminate polio around the world.