gms august 2015
TRANSCRIPT
Grants Are Funded with DDF
• District Designated Fund• Contributed to TRF Annual Fund 3
years ago• Invested by TRF• Returned to Clubs in the form of
GRANTS
Global Grants• Must be in at least one Area of Focus• Can be: - Humanitarian Projects - Scholarship – graduate level - Vocational Training Team (VTT)• $30,000 minimum total budget• Host & International partners
Successful Global Grants • Meet Community needs• Sustainable• Measurable Goals• Have an Implementation Plan• Involve an International Partner• Actively involve Rotarians from both
Clubs• Stewardship and Reporting
Application Process• Both clubs must be qualified, Every
Year• Complete application online• Each club has a 3 Person Project
Committee• Submit any time before June 30• Funded on a rolling basis
Project Planning • Form a three-person grant committee• Assign roles• Make an implementation plan• Establish a budget• Have a contingency plan• Have a document retention plan
Creating A Budget• Realistic• Competitive bidding• Reasonable prices• Disclose conflicts of interest
Disclosing Conflicts Of Interest• Exists when a Rotarian benefits
financially or personally from a grant• Might directly or indirectly benefit to a
Rotarian• Must be disclosed
Project Funding• Total budget must be at least $30,000• Minimum request from TRF is $15,000• 30% of contributions must come from outside
Host Club & District• Club contributions are matched by TRF, 50
cents on the Dollar (1:0.5)• District contributions matched by TRF, Dollar
for Dollar (1:1)• All cash contributions will incur a 5%
administration fee
Partner Contribution TRF Match
International ClubInternational DistrictHost ClubHost DistrictPartner TotalFoundation TotalProject Total5% Admin FeeTotal Club Cash
$4,000
$5,000
$4,000 $6,000 $19,000
$34,000 $200+ $200 $8,400
$2,000
$,5000
$2,000 $6,000
$15,000
Please feel free to contact me at E-mail: [email protected] Cell Phone : 01006066444