Rotary International and Rotary District 7780 take pride in our financial transparency and accountability to all Clubs and Rotarians.  For this reason, we publish our annual financial statements to the full membership. Club Presidents, Presidents-Elect, Treasurers and board members in particular are encouraged to review the statements for the Rotary Year 2017-2018 (the year that ended June 30, 2018).  You will need your ClubRunner log-in and password to view the statements at this link:

This notice informs you that a vote to ratify the District 7780 Financial Statements including the supplemental statement, as posted above, will be taken at the District Training Assembly April 6, 2019, at York County Community College in Wells ME.  All Clubs and Rotarians are invited to the assembly.

The finance page at this link contains a wealth of information about the District’s finances.  We have posted the current year budgets for district operations, events, programs and the foundation budget.  We have posted the IRS-990 tax return for the most recent fiscal year as well as prior year returns.  We also post the minutes of our District Finance Committee, which meets at least quarterly, along with the names of your delegates on that committee.  The team includes our DG-track leaders, three recent past district governors, three representatives from the areas A-B-C where our clubs are located, as well as our treasurer and assistant treasurer.

Don’t hesitate to contact me, or any member of the committee, if you have questions about our district finances.  District 7780 is accountable to its 40 Clubs and to Rotary International, and the District is an IRS 501(c)4 social welfare entity, much like a Rotary Club.  We are not a 501(c)3 charity, so payments to the district are “operating funds” and not normally tax deductible to the individual or Club making the payment.  Our primary source of funds is a district dues assessment made each year, per-capita, to our Clubs.

Dave Underhill, District Finance Committee Chair (