The Brampton & Area Community Foundation One Financial Tool for a Sustainable Future
What is Rotary? • Rotary’s main objective is service — in the community, in the workplace, and around the globe. The 1.2 million Rotarians who make up more than 34,000 Rotary clubs in nearly every country in the world share a dedication to the ideal of Service Above Self. • Rotary clubs are open to people of all cultures and ethnicities and are not affiliated with any political or religious organizations. Membership in Rotary is strongly linked to business leaders in the community. • In more than 34,000 clubs worldwide, you'll find members volunteering in communities at home and abroad with fundraising, sweat equity and the expertise necessary to support education and job training, provide clean water, combat hunger, improve health and sanitation, and eradicate polio.
Rotary in Brampton • The Rotary Club of Brampton was established in 1940 • Members in the Club raised money through their volunteer activities to support many community and international programs.
Expanding Community Investments • In 1972, the Rotary Club, along with several other service organizations, invested in the construction of Century Gardens Recreation Centre. • This financial strategy of establishing an equity position to create greater fundraising results began a series of investment activities which has differentiated Rotary from other service organizations in the community.
1984 Rutherford Bingo • Created an operating company with one of the first licenses for charity bingo • With assistance of the City’s loan guarantee, purchased the building and repaid the loan • This investment in a building and operation created an average annual $2.0 M charitable revenue for 35 agencies • Over $55 M earned to date by Brampton Charities
1991 Rotary Glen Community Centre • Profits from the bingo operation were used to purchase this building to establish another charitable revenue stream. • Facility also allows for Rotary activities as well as other charitable causes/events
Fundraising PROGRAMS Skate-a-thon Harvestfest Rib n Roll Bingo IN SUPPORT OF YOUTH PROJECTS Interact Junior Achievement Youth Exchange RYLA, Scholarships Rotary Community Service • IN SUPPORT OF THE COMMUNITY • Easter Seals • Peel Literacy Guild • Crime Stoppers • Brampton Safe City • St. Leonard’s • Salvation Army • Santa Claus Parade • Canadian Cancer Society • Sharing Rotary Glen
BINGO 35 agencies and $55 million raised WORLD COMMUNITY SERVICE Rotary Foundation PolioPlus Wheelchairs to Barbados Arusha Project Georgia projects Rwanda deaf program Shoebox program Legacies – Capital Programs Gage Park YMCA swimming Pool Century Gardens Sheridan College St. Leonard’s House Rotary Community Service • COMMUNITY PROGRAM SUPPORT • Kidney Foundation • CNIB • Hopelink • Breakfast for kids • Big Brothers and Sisters • Cooking for a Cure • Telecare Distress Centre • Northwood School • Toys for Tots • Girl Guides • Lorne Scots • Brampton Blazers • Brampton/Caledon Music Festival • individuals in need through G&A Grants • Kerry’s Place for Autism
Rotary Grants and Programs `Average Annual Service Budget • Expenditures - $160,000 • Revenues • Rib and Roll, fundraising events - $70,000 • Bingo and Glen proceeds - $ 90,000 Issues • Current and future bingo revenues at risk • Glen Community Centre in path of development
BACF Strategy • Majority of Rotary’s annual Grants given to registered charitable organizations • During the last 5 years a portion of Rotary’s earnings from bingo has been invested in a permanent BACF fund and beginning in 2013 approximately $30,000 per year will be available to sustain Rotary Grants • Diversifies our current investments in commercial assets and the bingo operation
Conclusion • Rotary has used its members business acumen to leverage its fundraising results into a diversified and sustainable revenue stream that benefits Brampton’s needs. • This combination of investments in an operating business, a lease of commercial space and returns from a managed stock market portfolio has distinguished Rotary as a significant philanthropic group in the City. • The future will undoubtedly have examples of what will create even greater successes.