The Rotary Club of Adelaide Charitable Fund Foundation Limited is a Public Ancillary Fund and has Deductible Gift Recipient (DGR) status with the Australian Tax Office.
ABN 57 927 643 682
The Rotary Club of Adelaide Charitable Trust Foundation (RCA Foundation) has a board comprising five directors who are required to:
- be a member of the RCA for more than three years continuous service to the RCA;
- meet the criteria for a ‘responsible person’ especially within the context of charities or not-for-profit organisation under the guidelines of ASIC.
The Patron of the RCA Foundation is David Seaton, a long-standing member of the Rotary Club of Adelaide and a former Chair.
The RCA Foundation is governed by:
Chair: Stephen Noble
Directors: Elizabeth Davis, Robert Falconer, Trevor Stirling, Zing Hai Tan
The Foundation's mission, purpose and objectives are:
MISSION
To encourage philanthropic support with the Trustees managing funds supporting and improving the wellbeing of South Australian communities.
PURPOSE
The purpose of the RCA Foundation is to:
- Encourage members of the RCA and the community to financially support the work of the Foundation
- Maintain and further develop the RCA Foundation with the object of receiving gifts and deductible contributions from time to time given devised or bequeathed to the RCA Foundation; and
- Pay or apply the funds as approved by the RCA Board for the purpose of pursuing, promoting or advancing any charitable purpose.
OBJECTIVES
Our objectives are:
- to ensure the capital value of the fund is preserved and built upon
- to achieve a long-term rate of return in excess of the CPI
- to provide sufficient income to meet the objectives of the RCA Foundation
- to support the social impact of South Australian not-for-profit organisations providing funds to help meet their purpose.
