Where the Money Goes
The diagram below shows how the Auction & Rummage Sale proceeds were invested in 2010 thru 2015. It represents the how the Rotary Club of Bainbridge Island supports our local and international communities.
How Auction Revenues Were Invested: 2010 – 2015
AUCTION & RUMMAGE SALE EXPENSES
There are expenses associated with the Auction & Rummage Sale, such as: providing Volunteer meals, paying for disposal fees, renting tents, providing security, and obtaining a sound system. Revenue available for charitable causes is determined by subtracting total expenses from the Auction & Rummage Sale’s gross revenue.
Thanks to in-kind donations by area businesses and the dedicated efforts of our Volunteers, expenses are kept as low as possible. This maximizes the amount of money the Club has to invest in the grants, projects, and scholarships described below.
Approximately one-third of the Auction & Rummage Sale net revenue is earmarked for Community Grants for non-profit organizations serving the Bainbridge Island community. The Community Grants fund the purchase of capital items which allow the non-profit organization to better serve the community. Over the past seven years alone, 72 different non-profit organizations have received grants totaling $746,265. For more specific information on the 2010 thru 2015 recipients CLICK HERE.
LARGE COMMUNITY PROJECTS FUND
Approximately one-third of the Auction & Rummage Sale net revenues is allocated to a Large Community Projects Fund. Money in this fund may not be spent each year and can accumulate from one year to the next. Most recently, money from this fund was used for the Waypoint Project, the Bainbridge Library “Refresh, Revitalize and Renovate Project”, the reconstruction and upgrading of the Rotary Field complex, including funding for Owen’s Playground and providing construction funds for the Fort Ward Community Hall . For information about other projects funded by the Large Community Projects Fund CLICK HERE.
SCHOLARSHIPS, INTERNATIONAL HUMANITARIAN PROJECTS, AND OTHER WORTHY CAUSES
The remaining one third of the Auction & Rummage Sale’s net revenue is used to fund:
- Scholarships: Over the past five years, a total of 60 community service scholarships for Bainbridge High School seniors and 10 Career / Technical scholarships have been awarded. For a list of recent recipients, CLICK HERE.
- International Humanitarian Projects: In recent years, the focus of the Rotary Club of Bainbridge Island international humanitarian efforts’ has been on water and sanitation projects. These include: drilling water wells in Uganda, and providing potable water and sanitation systems to those in need in Guatemala. For more detailed information on these investments CLICK HERE.
- Other Worthy Local Causes: In 2013, other worthy local causes included providing money to Helpline House to purchase food for the holiday season, and the acquisition of holiday decorations for Winslow Way.
ROTARY OPERATING COSTS
None of the gross or net revenues of an Auction & Rummage Sale are used to fund the operating costs of the Bainbridge Island Rotary Club. The Club’s operating costs are funded through membership dues, and are maintained in a separate account.