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What is the purpose of RI’s General Surplus Fund?

April 26, 2017fund purpose RI surplus

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What is the purpose of RI’s General Surplus Fund?

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A. The purpose of the General Surplus Fund is to provide for the long-term financial security of RI and is intended to be used in the event of emergencies and unforeseen circumstances. The fund includes RI’s unrestricted cash, plus marketable securities, plus (or minus) any receivable (or payable) from (or to) The Rotary Foundation.