Grosse Pointe Rotary Foundation
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Grosse Pointe Rotary Foundation-

Established more than 50 years ago

Goal – To receive and disburse contributions for the promotion of education, civic improvement, community development, international and cultural exchange and world health improvements

Structure

·         The Grosse Pointe Rotary Foundation is a nonprofit corporation incorporated in Michigan

·         The Foundation has been determined to be a tax exempt organization under Section 501(c)3 of the IRS

·         One-third of the directors are elected annually from the members of the Club and serve for a three year term

·         Officers are selected annually by the Foundation directors

·         The Foundation manages the club investments, prepares an annual budget and distributes monthly financial statements to its membership

·         Monthly meetings are held (preferably the week after the Club Board meets) to make decisions on grant applications once they are approved by the Club’s Board of Directors