CRCF can help your Rotary Club ensure long term financial stability...
For more than 100 years Rotary has been active in Calgary and helping to make Calgary “A Better Community”.
In keeping with that theme the Calgary Rotary Clubs Foundation (CRCF) was established in 1972. There are currently 13 Calgary Rotary clubs participating.
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 Calgary-based, non profit/charitable organizations.
In 2012 over $1.5 Million was distributed within Calgary to needy organizations and to fund various projects within the City of Calgary.
Since inception, over $15 million has been reinvested in Calgary through the Calgary Rotary Clubs. In 2013 the distribution will total approximately $1.5 million.
Currently the CRCF manages a pool of funds in excess of $35 Million.
This pool of funds has been raised through the efforts of the participating Rotary Clubs within Calgary but primarily through the generosity and philanthropy of individual members. These members recognized that there is a need within Calgary and they have bequeathed and donated significant funds for the betterment of the City of Calgary.
The Foundation has been designed to allow maximum flexibility for contributions by clubs or by individuals.