The concept of the ARHRF is that the capital of the Fund will be held as a permanent investment and the income earned will be allocated to research projects. It is anticipated that major projects may be funded by grants over several years to ensure continuity.
Research Grants made by the Fund started with $100,552 in 1986 and in 2006 the fund donated $1,712,529
HISTORY OF THE FUND
In 1981 the Rotary Club of Mornington in Victoria proposed that a fund be established with the aim of raising a minimum of $2 million through Rotary clubs across Australia, to invest this money and to use the income in a particular field of research in periods of a minimum of three years.
The initial target for a viable Fund was set at $2 million. This was quickly achieved and the next target of Five for ’95 was reached in June 1993. A remarkable effort! The Board currently receives approximately 150 applications for grants each year, of which it is only in a position to fund about 10-15%.
The Rotary Club of Mornington gained District 982 acceptance and subsequently the project was discussed at the Regional Rotary Institute for present and past RI Officers in Melbourne in late 1981. A steering committee was appointed to develop the Fund and each Australian District was asked to accept the concept in principle, which they did. Australian Rotary Health Research was up and running.
Following discussion with Dr A.L. Williams, a key figure in Cot Death Research at the Royal Childrens Hospital, Melbourne, it was decided that after an initial and major grants to Cot Death projects, the Fund would support a wider concept of health research.