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A Look at The Rotary Foundation Expenditures

Seth Taube

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Seth Taube has over two decades of investment management experience as the president and chief executive officer (CEO) of Medley Management, Inc., and as the CEO of the Sierra Income Corporation and Sierra Total Return Fund. Prior to his current work, Seth Taube acquired a master of business administration from the Wharton School of the University of Pennsylvania and a master of letters in economics from the University of St. Andrews. While studying at St. Andrews, Taube was named a Rotary Foundation Fellow.

Since its founding in 1917, The Rotary Foundation has allocated more than $3 billion to projects that improve the health, education, and well-being of individuals around the world. The organization does much of its work at the community level through over 35,000 local clubs.
Charitable donations to The Rotary Foundation go towards six causes: promoting peace, providing clean water, growing local economies, fighting disease, strengthening education, and supporting mothers and children. A four-star-rated nonprofit by Charity Navigator, the organization currently spends more than 91 percent of donated funds on service programs. The largest portion of funding goes towards polio programs, global grants, and district grants, while the smallest portion supports administration.
For additional details on expenditures of The Rotary Foundation, visit www.rotary.org/en/about-rotary/rotary-foundation.