A phosphor wheel includes a substrate including a first principal surface and a second principal surface located opposite to each other, a phosphor layer on the first principal surface, and a heat dissipating member disposed so as to oppose one of the first principal surface and the second principal surface. The heat dissipating member includes a projecting portion that projects from a center portion of the heat dissipating member, and the projecting portion includes a contact surface that contacts the one of the first principle surface and the second principle surface. The heat dissipating member further includes fins formed in a peripheral region of the heat dissipating member excluding the center portion. The projecting portion secures a certain distance between the substrate and the heat dissipating member and conducts heat in the substrate to the peripheral region of the heat dissipating member.