The Foundation A Glimpse at Our Past Part 2

The Foundation...A Glimpse at Our Past

Part 2

Arch Klumph met with the RI Board of Directors in 1930 and pointed out that he had been

shouldering most of the Foundation work since its inception. He maintained that the RI

president, the Board and every District Governor and individual Rotarian should be responsible

for spreading the word about the Foundation and raising financial support for it. This led to the

creation of the Rotary Foundation Promotion Committee which was charged with educating the

Rotary world about the new Foundation and devise ways to encourage donations.

The foundation received a huge boost on 1945 when it obtained a tax-exempt status from the

IRS. This freed the Foundation from paying federal income taxes and provided a tax deduction

for contributors. However, the tax exemption wasn’t the biggest boost to the Foundation. That opportunity came

on January 27, 1947. On that day, Arch Klumph’s close friend, Paul Harris, died.