Page 141 - RY2020-21 Handbook Rotary District 3300
P. 141

YAYASAN KELAB-KELAB ROTARY MALAYSIA (YAYASAN)

      On 14 November 1991 following the split of District 330 to District 3300 and 3310, the District 330 Foundation was split into:
            •    Rotary Foundation Malaysia (ROTAFOM)
            •    Foundation of Rotary Clubs (Singapore) Ltd.
      The constitutional documents lodged to establish Rotary Foundation Malaysia clearly expressed the concept of a Foundation for Rotary in Malaysia. On 12 December 1997 Rotary
      Foundation Malaysia was renamed Yayasan Kelab Kelab Rotary Malaysia following objection from Rotary International on the name. RI had put in place a policy that no Rotary related
      organization can have the words “Rotary” and “Foundation” next to each other in their name. The leaders at that time inserted the word “club” between the words Rotary and Foundation and
      change it to Bahasa Malaysia in compliance with the requirements of the government at that material time. Hence it is clear that the Yayasan was never meant to be a foundation of Rotary
      clubs like in Singapore.

      Request to change the constitutional documents of the Yayasan to make it a foundation for Rotary clubs in Malaysia had been made in District 3300 previously. The matter was looked into.
      However the change will also be accompanied by the inclusion of 50% of the Trustees from the public. This is a precondition of the Inland Revenue Board. Hence no further action was
      pursued with reference to the constitutional documents. The Board of Trustees in response elected three non Past to the Board as there is nothing in our M&A that states that only Past
      Governors can be members.
      Funding & Income
            •    Donations – Rotarians, Rotary Clubs, friends of Rotary, Corporations and Institutions.
            •    Funds raised by Yayasan Kelab-Kelab Rotary Malaysia.
            •    Per capita contributions by Rotary Clubs (e.g. District Disaster Relief Fund)
            •    Per capita contributions by Rotarians of District 3310.
            •    Interest from District 3300 Fixed Deposits.
            •    Excess of income over expenditure of District 3300 Conferences and Assemblies.
            •    Contribution from District 3300.
      Tax Exemption
      Rotary Clubs without club charity foundation can raise funds through Yayasan Kelab-Kelab Rotary Malaysia. Such donations are tax exempt. Such fund raising projects must be approved
      by the Board of Trustees and subject to terms and conditions governing such fund raising projects.

      Donor Recognition Individual Contribution Major Patron: RM 20,000.00
      Multi-Level: RM 5,000.00 per level Patron: RM 5,000.00
      Jamil Rais Fellow (JRF): RM 2,500.00
      Yayasan Sustaining Member (YSM) RM 250.00

     RY2020-21 District Handbook                                                                                                          141
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