The Directors present their combined Annual Report for the year to 30 June 2025, prepared under the Companies Act 2006 and the Charities Act 2011, together with the audited financial statements for the year, prepared in accordance with the accounting policies set out in note 1 to the accounts, and compliant with the charity's governing document, "Accounting and Reporting by Charities: statement of recommended practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102)", and the financial reporting standards applicable in the UK and Republic of Ireland (FRS102).
Charitable objective
The charitable company's objectives as set out in its Articles of Association are to advance any charitable purpose or the charitable work of any institution anywhere in the world and in particular:
i) the advancement of education, and
ii) the preservation and protection of the health of the general public.
In addition, the charitable company is committed to supporting the activities of The Rotary Foundation of Rotary International which has a mission to advance world understanding, goodwill and peace by improvement of health, providing quality education, improving the environment and alleviating poverty.
In order to meet and further the charity objectives the following policies have been adopted:
Maintaining its income stream of voluntary donations, primarily sourced through the generosity of Rotarians and friends of the Foundation.
Providing support through grants of projects and activities of The Rotary Foundation of Rotary International that fall within the criteria defined by the company's objectives.
Increasing awareness of alternative fundraising opportunities.
Success Criteria
The generosity of individual Rotarians, their families and the Rotary Clubs to the aims of The Foundation worldwide plays a significant part in the success in achieving the stated objectives of the charitable company.
Public benefit
The Directors have referred to the Charity Commission's general guidance on public benefit when reviewing the aims and objectives and in planning future activities.
The Directors regularly review their grant making policy to ensure that it advances public benefit by reflecting the company's objectives. The nature of these objectives mean that the benefits are available for worldwide consumption by all.
The success of the charity in meeting its aims and objectives is measured as follows:
The charitable company raised in excess of £3.3 million during the year to 30 June 2025, through donations from individual Rotarians and friends, Rotary clubs and legacies. Of this total £724,063 relates to the PolioPlus campaign for the eradication of polio worldwide and £18,660 was raised in support of the Disaster Appeal, dedicated to support Ukrainian, Pakistan Floods and Turkey/Syria crisis projects.
Maintenance of these levels of giving by Rotary clubs and members, particularly in view of the difficult economic climate and the longer lasting effects of the pandemic, is testament to the enthusiasm and determination of Rotarians to support the activities of their own charity.
The company has been able to provide funding totalling £2,670,012 (2024: £2,839,910) for projects of The Rotary Foundation of Rotary International which aim to deliver this company's charitable objectives.
What we plan to do in the year to 30 June 2026
Rotary Foundation of the United Kingdom will continue to encourage Rotarians to meet the long-standing challenge for the eradication of polio worldwide.
In addition, fundraising efforts will continue to raise awareness of other projects under the Annual Fund which provides funding for the general charitable activities of the Foundation.
The charity has made a surplus for the year. Detailed financial statements are attached to this report which provide the following highlights:
Principal funding sources
Rotary Foundation of The United Kingdom is dependent on funding by voluntary donations and fundraising activities of Rotarians in Great Britain and Ireland, and no government funding or grants are received, except for the benefits available to registered charities. Rotarians are noted for their generosity which is very much appreciated. In addition to donations of money, many Rotarians freely give their time to initiate and oversee projects in their local communities and abroad set up in conjunction with locally based Rotary Clubs.
The Foundation encourages members and the general public to donate directly via an online platform. It does not use a third party professional fundraiser and has not received any fundraising complaints during the year.
Donations and legacies
Donations in the year included legacies totalling £841,968 (2024: £516,348). The Directors are extremely grateful to all those who have supported the charity through their generous bequests to Rotary Foundation of the United Kingdom. The Directors also look to encourage donations and legacies from members of the general public.
Investment income
Investment income, principally bank interest increased during the year reflecting the variances in bank and other interest rates.
Costs of generating voluntary income
Cost of generating voluntary income includes administrative costs directly related to raising funds.
Staff and governance costs
Rotary Foundation of the United Kingdom has no staff costs. All personnel and administrative duties are currently carried out by staff members of Rotary International in Great Britain and Ireland to ensure that administrative costs are kept to a minimum and to maximise the distribution to the intended recipients of funds raised. Governance costs include fees and other administrative costs.
The charity plans on continuing the activities outlined above in future years.
We plan to continue working on improvements to administrative areas and reducing the costs associated with those. We are looking to enhance the donors experience through better donation system and simplify ways to donate. We are also looking to expand the reach of the charity beyond the current members and friends of Rotary International to the general public.
Financial management and reserves
Budgets are prepared annually for review and approval by the Board of Directors. The Committee reviews management information on a quarterly basis, monitoring performance against forecast.
Rotary Foundation of the United Kingdom has adopted a policy to retain in unrestricted reserves only sufficient funds to cover expected fundraising and administrative costs for 18 months and to mitigate the risk of an unforeseen substantial loss of income plus a contingent amount to cover potential administration costs should Rotary International in Great Britain and Ireland be unable to continue to provide the aforementioned staff support. The aim is to distribute all money allocated to the restricted funds, by supporting projects of The Rotary Foundation of Rotary International each year.
As at 30 June 2025 the charity had unrestricted funds of £596,401 (2024: £81,332) and restricted funds of £59,323 (2024: £Nil) and Capital funds of £250 (2024: £250).
The Directors formally review the reserves policy each year.
Company and charity status
Rotary Foundation of the United Kingdom is a Company Limited by Guarantee and not having a share capital, which is registered in England, company number 2582374. It is also a charity, registered in England, number 1002059.
The company was incorporated on 29 June 1990 and registered as a charity on 27 February 1991.
The charitable company operates from the administrative headquarters of Rotary International in Great Britain and Ireland at Kinwarton Road, Alcester, Warwickshire B49 6BP, which is also the registered office. For information on the charitable company, please visit www.rotarygbi.org.
Rotary Foundation of the United Kingdom is a registered charitable company whose charitable purpose defined within the Charities Act 2011 is for the advancement of health or the saving of lives and the advancement of education. It is funded principally by voluntary donations from Rotarian members and clubs of Rotary International in Great Britain and Ireland.
As an associate foundation, Rotary Foundation of the United Kingdom supports with funding projects and activities of The Rotary Foundation of Rotary International, a not-for-profit corporation which was incorporated in the State of Illinois, United States of America, on 31 May 1983.
Governing document
The charitable company is governed by its Articles of Association which were revised and adopted by the members on 1 June 2023 and in January 2025.
Trustees/Directors, appointment and training
The appointment of the Directors of the Rotary Foundation of the United Kingdom is under the control of the members, who are the Trustees of The Rotary Foundation of Rotary International who have agreed to act as a member of the charity.
Any Rotarian who resides in the Territory may be appointed as a Director by the Members. There will be no more than five Directors at any given time.
Upon induction the Directors are provided with information to enable them to carry out their responsibilities and duties through published guidance for charities and external advisors, in order to gain expertise.
The Directors are covered by trustee liability insurance provided by Rotary GB&I. The trustee liability insurance policy covers tax issues relating to an investigation by a government body (i.e. HMRC) and will provide legal advice and representation at any interviews.
The policy does not cover unpaid taxes or taxes that are found to be due but it is expected that this is highly unlikely due to the stringent policies and procedures in place.
In addition, the insurance provides Excess Casualty coverage as well as Management & Professional Risk coverage.
The Directors are volunteers who give their time to assist the organisation's vision and purpose of their own free choice and without receipt of payment beyond the reimbursement of direct expenditure.
Organisational structure
The company is run by its Board of Directors consisting of up to five Directors, who are also the trustees of the charity. The Board of Directors has full responsibility for the activities and operation of the charitable company.
The members of Rotary Foundation of the United Kingdom are those trustees of The Rotary Foundation of Rotary International who have agreed to act as a member of the charitable company. The members have responsibility for appointment of the directors of the charitable company and have no beneficial interest in the charitable company. Their liability in the case of a winding up of the charitable company is limited to £1.
The Board of Directors aims to meet four times each year and oversees the management of the charitable company's affairs and financial activities and provides overall policy direction within the strategic plan of The Rotary Foundation of Rotary International which the charitable company is committed to support.
The day to day running of the charitable company is supervised by the General Secretary, Amanda Watkin, who works closely with the Board of Directors.
Administrative details
The Directors who held office during the period from 1 July 2024 to the date of this report, unless otherwise stated, are set out below:
M Webb Resigned 25th November 2024
A Gray
N Vaughan Appointed 1st July 2024
Corporate governance
There are procedures in place to ensure that internal controls over governance and financial matters are continually assessed and refined. Performance is monitored and appropriate management information is reviewed by the Board of Directors.
The systems of internal control are designed to provide reasonable assurance against material misstatement or loss. These include:
Delegation of day to day management authority and segregation of duties
Identification and management of risks.
Principal risks and uncertainties
The principal risks and uncertainties for the Rotary Foundation of the United Kingdom appear to come from the following areas:
Main source of donation income remains with Rotary members; significant reduction in membership could therefore result in reduction of donations;
Pressure on administration costs through increased banking charges, costs for the use of credit card facilities, continued low interest rates as well as the possibility that Rotary International in Great Britain and Ireland could withdraw their staff support;
Non compliance with statutory and charity regulations.
The Directors have always maintained that the factor most likely to affect future financial performance or position is the general economic climate, as this will impact on individuals' desire and ability to make charitable donations. They look to continue to monitor any impact relating to the ongoing energy crisis but have found that emotional responses to global crisis, such as a war in Europe, had more impact on giving in this year.
Risk management
The Board of Directors is continuously considering the risks and uncertainties that affect the charity and have put systems in place to mitigate the same, particularly with regard to those risk which could jeopardise the ability of the charity to continue with its charitable activities. This involves taking external advice where necessary as well as ensuring that internal systems remain robust to change and challenges.
Connected charities
Rotary Foundation of the United Kingdom is an associate foundation of The Rotary Foundation of Rotary International, a not-for-profit corporation registered in USA. It also has a very strong relationship with Rotary International in Great Britain and Ireland, whose members are prominent in its fundraising activities.
This report has been prepared in accordance with the accounting policies set out on page 17 and in accordance with the provisions applicable to the companies subject to the small companies regime.
The trustees' report was approved by the Board of Trustees.
The trustees, who are also the directors of Rotary Foundation of the United Kingdom for the purpose of company law, are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that year.
In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
Opinion
We have audited the financial statements of Rotary Foundation of the United Kingdom (the ‘charity’) for the year ended 30 June 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion, the financial statements:
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if, in our opinion:
the information given in the financial statements is inconsistent in any material respect with the trustees' report; or
sufficient accounting records have not been kept; or
the financial statements are not in agreement with the accounting records; or
we have not received all the information and explanations we require for our audit.
As explained more fully in the statement of trustees' responsibilities, the trustees, who are also the directors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.
We gained an understanding of the legal and regulatory framework applicable to the Charity and the industry in which it operates and assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items.
Based on our understanding of the Charity and industry we identified that the principal risk of non-compliance with laws and regulations related to breaches of Health & Safety, GDPR, Charities Act 2011, UK Tax Legislation, UK Employment Law, Companies Act and the terms of the charity's governing documents. We also evaluated management incentive and opportunities for fraudulent manipulations of the financial statements.
Audit procedures performed included:
Identifying and assessing the design effectiveness of controls in management have in place to prevent and detect fraud.
Challenging assumptions and judgments made by management in their significant accounting estimates and assessing if these indicate evidence of management bias.
Reviewing the accounting records for large and unusual bank payments and testing any identified and in particular the rationale for any transactions outside the charity's normal course of business.
Testing for the existence of related party transactions and confirming identity of relevant parties with Trustees.
Testing a sample of debit entries in the profit and loss account to check they are bona-fide costs.
Discussions with management, including consideration of known or suspected incidences of non-compliance with laws and regulation and fraud.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.
Use of our report
This report is made solely to the charity’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charity’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.
Burgis & Bullock is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006.
Investments
Raising funds
The statement of financial activities includes all gains and losses recognised in the year.
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
Investments
Raising funds
Rotary Foundation of the United Kingdom is a private company limited by guarantee incorporated in England and Wales. The registered office is Old Council Offices, Kinwarton Road, Alcester, Warwickshire, B49 6PB, the administrative headquarters of Rotary International in Great Britain and Ireland.
The company was incorporated on 29 June 1990 and registered as a charity on 27 February 1991. For information on the charity please visit www.rotarygbi.org.
The financial statements have been prepared in accordance with the Charities Act 2011, the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Donated services are recognised on the basis of goods purchased on behalf of the charity and staff time spent on the charity's activities, as provided by Rotary International of Great Britain and Ireland.
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.
Raising funds costs consist of the costs of raising donations and legacies.
Governance costs comprise all costs involving public accountability of the charity and its compliance with regulation and good practice. These include costs related to statutory audit and professional fees and the cost of meetings.
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.
The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
Audit fees include £1,900 paid to the auditors for the statutory accounts preparation.
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. A total of £542 (2024: £77) was reimbursed to the trustees for travel expenses. During the year donations of £2,781 (including Gift Aid) were received from trustees of the Charity (2024: £1,018).
The average monthly number of employees during the year was:
The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects.
Endowment funds represent assets which must be held permanently by the charity. Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestricted income. Any capital gains or losses arising on the assets form part of the fund.
The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.
Donations and legacies received from Rotarians, Rotary clubs and friends of Rotary to support the worldwide programmes and projects of The Rotary Foundation of Rotary International. These are treated as restricted funds and are held until awarded. In the current year one legacy donation was left specifically to The Rotary Foundation of the United Kingdom to be used in line with the Global Grant Scholarship Scheme.
The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.
The charity has taken advantage of exemptions available under FRS102 paragraph 33 whereby it has not disclosed transactions with the parent and ultimate parent company of the group. There were no related party transactions with any non -wholly owned group members.
The charity has been notified that it is due to receive a share of income from two residual legacies. The expected legacy income has not yet been recognised in the financial statements due to uncertainty regarding the value of the Charity's entitlement.
"The Rotary Foundation of Rotary International", a not-for-profit corporation and public charity incorporated in the state of Illinois, USA, has the power to appoint or remove a majority of the directors/trustees of the Charity and as such is classified as its 'parent entity' for accounting purposes. The Rotary Foundation of Rotary International funds charitable projects including to fight disease, provide clean water, relieve the need of mothers and children, and improve education, and provides scholarships and professional training opportunities, in all cases for the public benefit.
The sole corporate member of The Rotary Foundation of Rotary International is "Rotary International", also a corporation organised under the Illinois not-for-profit Corporation Act. Rotary International is permitted under its local accounting protocols to include the Charity within its consolidated financial statements. Such financial statements are available at One Rotary Center, 150 Sherman Ave, Evanston, IL60201-3698, USA.
The charity had no material debt during the year.