As the new financial year has commenced the annual membership subscription is now due and payable.
The Board has maintained the cost of the membership for the last 5 years at $340 per member. The membership fee covers all Rotary District and Rotary International levies and costs such as insurance, Rotary Down Under magazine (online) as well as the costs of running our Club. This means that Rotary takes 0% cut of the monies raised through fundraising activities. In a recent report by the Centre for Social Impact (CSI) and Social Ventures Australia found that most charities indirect costs - such as IT, Finance and Human Resources - comprised an average of 33 per cent of the total cost of running the charity. So, when you buy a sausage from many charities - a third of the profits will go to overheads - with a Rotary sausage - 100% of the profits go to the cause - because of our membership fees!
Membership fees can be paid directly into the Club bank account (details below). If you wish to you can make two payments of $170 –one payment now and one payment in Jan. Alternatively a payment by cheque can be made at a meeting.
The bank account details are:
Account name: Rotary Club of Malvern
BSB: 063 143
Account: 1043 4607
When you make a direct payment please put a reference (e.g. Marty subs) so we can identify the payer.
If you are having financial difficulties or other issues in relation to the fees please do not hesitate to contact Gareth. garethmartin@martinhills.com.au