Rotary launches new fund with community foundation

Published on Thursday, 12 December 2024 09:33

The Dauphin Rotary Club has launched a new fund within the Dauphin and District Community Foundation.

But this new fund is a little different from what they have done in the past, said club president Darren Eddie.

“Rotary has always done donations and stuff for scholarships and things, but never had a fund set up for itself, so that perpetual monies would come in,” Eddie said, adding the club opened the fund with an initial $10,000 investment.

“Any of the monies we have ever raised would get spent directly on other programs, right, so we wanted to get this started up so that we have funds that will come in every year that we don’t have to fund-raise directly for.”

A means of celebrating the club’s centennial year, the fund was created mostly through an  $8,700 donation it received as the beneficiary of the Holiday Smile Cookie Campaign.

“We topped it up, so it’s $10,000, so that the fund started off at the community foundation is now an active fund and will pay us out in percentages, five per cent of whatever it earns,” Eddie said.

“It will continue to grow and anyone can add to it at any time. So it’s now open for people to make bequests or just general donations in perpetuity for the Rotary Club.”



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