We are pleased to advise that the Foundation exchange rate for May is 1.30 . That is $1.30 Australian equaling US$1.00 . Previously it was $1.40 in March and $1.35 in April and while not a huge improvement it is still a considerable assistance to helping us raise our Rotary Foundation targets which are all in US$s .
Clubs and Rotarians, May is now the ideal month to contribute to The Rotary Foundation. US$1,000 Paul Harris Fellow and Paul Harris Society payments are now A$1,300, where as they were previously $1,350 in April and $1,400 in March.
Centurions are always in A$100.
But now,due to the recent dollar drop as a result of the lowering of the interest rates, the official Rotary exchange rate for June is likely to be 5 to 7 % lower . Therefore payments made in June,as opposed May, will be recorded at a lower US$ value than the will be this month.
Here is some useful information for donating through the RI website.
Contributions to the Rotary Foundation can be made very easily at www.rotary.org
Go to: My Rotary: The Rotary Foundation; GIVE: Annual Fund and Share - GIVE NOW.
Then it is recommended that you select Annual Fund SHARE, this way the money comes back to our district to fund grants, and then you will select your donation in Australian Dollars and you can see is going into the Australian Rotary Foundation Trust- so all the money stays in Australia.
Otherwise your Club Foundation Chair has a number of forms and other information as to other ways to contribute to the Rotary Foundation
Thank you for your support!
Tony Castley, District Foundation Chair