Rotary 101 - Rotary Annual Costs

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Financial Aspects of Rotary Membership

Rotary Club of King of Prussia

Fixed Costs:                                                                                          $$                          Annualized

Induction Fee (Pays for materials and pin) ------------------------------    175.00                     -------- (i)

Annual Dues (RI Dues & club operating expenses) ------------------      185.00                       185.00

Weekly Meals (Payment for food costs) ---------------(x 48 x 50%)         15.00                       360.00 (ii)

Weekly 50/50 Donation (3 tickets) -----------------------( “        “  )             2.00                        48.00 (ii)

                                                                                             Sub Total                                     593.00

Contribution Costs: (Suggested- Not Mandatory) (iii)

The Rotary Foundation (RI encourages - Every Rotarian Every Year) - 100.00                     100.00      

Gundaker Foundation (District 7450 Fund- Amount optional ---------- 50.00                           50.00

K of P Charitable Foundation (Club's Foundation for contributions) - 100.00                        100.00

                                                                                              Sub Total                                     250.00

Annual Fundraising Events(Important club fundraising events; not mandatory)

Taste of the Suburbs (Ticket price for K of P Foundation –)               ---40.00 (x 2 tickets)      80.00

Raffle Tickets @ $10 or 20.00 per strip of  tickets    ------------------------  -------                ---------

Golf Outing - Golfing and Dinner (Dinner only = $45.00 )-------------   100.00                        45.00

                                                                                           Sub Total                                       125.00

                                     Approximate Total Annual Expenditure:                      $               968.00

Notes: Based on about 48 meetings, excluding 4 Monday Holidays. Contributions for the 3 major funds, Rotary Foundation, K of P Charitable Foundation and Gundaker are "suggested" and no real mandate exists for these suggested amounts. What we hope to achieve is 100% club contribution level, even if a minimum amount is donated; i.e. equivalent to at least one week's meal payment per Foundation.

(i) Not currently applicable. Induction fee = Onetime cost - Not include in Annualized Total

(ii)  Cost based on 48 weeks of meetings, and minimum of 50% attendance as required by existing RI attendance guidelines.

(iii) RI recommends that each Rotarian contribute $100.00 as part of the EREY (Every Rotarian Every Year). The amounts listed for the Gundaker and KOP Rotary Foundation are optional numbers based on past contribution experience among club members.

Miscellaneous Optional Costs: (Only if you choose to participate)

Rotary Phillies Baseball Day (Ticket Purchase Price for St. Barnabas kids)-----  28.00                 28.00

District Assembly (Optional)---------------------------------------------------              25.00                25.00    

District 7450 Conference (Optional)---------------------------------     200.00  (Approx. Fig)         200.00