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Rotory Foundation Grant Management Seminar
 扶輪基金獎助金管理研習會







            Foundation must incorporate a component, such as training, that extends beyond the management
            of loan capital. In addition:
            1. Clubs and districts that wish to use global grant funds to support a microcredit project must submit
            the microcredit supplement form with the grant application.
            2. Microcredit activities must be supervised and controlled by the sponsoring club or district.
            3. Interest and fees generated by microcredit fund capital from The Rotary Foundation may be used
            for administrative expenses that directly support the project.
            4. Grant sponsors must submit a microcredit supplement form with the final grant report.
            5. If a microcredit project is terminated before the Foundation’s reporting requirements are met, grant   ◆
            funds must be returned to The Rotary Foundation.                                    TOP
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            6. The Rotary Foundation will not fund loan guaranty systems.

            XI. SPECIAL CONSIDERATIONS FOR ROTARY FOUNDATION (INDIA)
            For general information about the Foreign Contribution Regulation Act (FCRA), go to https://
            fcraonline.nic.in/home/index.aspx. In addition to all other terms and conditions, grants with full
            or partial payment to a Rotary club or district in India should follow these payment and reporting
            procedures to comply with GOI laws and the FCRA:
            1. Grant funds will not be released to a bank account in India unless all general payment conditions
            listed below have been met. Either the sponsors provide documentation showing that the bank
            account is registered under the FCRA or staff must determine that sufficient funds are available from
            contributions made within India. Otherwise, the payment will be placed in a queue and paid on a
            first-come, first-served basis only when additional contributions are made and sufficient funds are
            available. The sponsors of grants must ensure funds are not co-mingled.
            a. District Grants - Payment is contingent upon the approval of a detailed spending plan that
            includes an itemized budget for each listed project or activity. Grant funds will be paid only to the
            district bank account. The name of the district bank account must be easily identifiable with both
            the district and the project. (A proper naming example is Rotary District 0000 District Grant 12345).
            District grant funds will not be released until the previous Rotary year’s district grant is closed. Funds
            are not available after the close of the implementation year; if sponsors do not meet all payment
            requirements by 31 May of the implementation year, the grant will be canceled.
            b. Global Grants - Grant funds will not be released until all sponsor contributions have been
            submitted to The Rotary Foundation and any payment contingencies have been met. Grant funds will
            be paid to the account provided by the grant sponsors.
            2. Progress reports on grant funds released to India through 31 March are due by 31 May of that
            same year. Final reports are due two months after the grant’s completion. Grant sponsors must
            ensure that funds received in a FCRA-registered bank account are not comingled with local funds.
            3. All progress reports must:
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