Page 142 - 2021-22GMS基金獎助金管理研習手冊

2020-21 GMS 扶輪基金獎助金管理研習會
2021-22 GMS 扶輪基金獎助金管理研習會

3. If $500 or more of grant funds remain after a project is completed, the Foundation needs to approve their
use for additional project-related expenses. You can use remaining grant funds of less than $500 for
activities that meet the global grant eligibility requirements and do not require pre-approval from the
Foundation. Remaining grant funds in any amount may not be spent on expenses that are not related to
the global grant. If you cannot spend these funds as described, you must return them to The Rotary
Foundation, and they will be credited to the World Fund.
*Both host and international sponsors are required to complete, authorize, and submit global grant reports.
However, international sponsors of humanitarian global grants won’t be restricted from receiving new grants if a
report is overdue and the international sponsors did not receive the funds.

Acceptable reports contain detailed accounts of the project’s implementation. You should include:

1. A description of how the project has advanced the goals of the selected area(s) of focus

2. An account of how the project achieved the specific objectives outlined in the grant application, including
the measures you set and what data you collected

3. An explanation of how the project’s results will be sustained over time
4. A description of how the host and international partners, as well as any cooperating organizations
associated with the grant, participated in the project
5. A detailed account of project spending and complete project account bank statements. The Foundation
may also ask that sponsors submit receipts. Scholars and vocational training teams need to provide
receipts to their sponsors for expenses of more than $75.

The Foundation will close the grant once the project implementation is complete and sponsors have shown that
sustainability measures are in place to ensure that local community members will keep the project going.

X. MICROCREDIT

The Rotary Foundation is committed to using microcredit programs to facilitate small, self-help enterprises. Clubs
and districts that are applying for global grants need to work with registered microfinance institutions that have
been operating for at least three years in order to administer loan programs as a way to carry out sustainable
development projects. But microcredit programs funded by the Foundation need to incorporate a component,
such as training, that extends beyond the management of loan capital. In addition:
1. Clubs and districts that want to use global grant funds to support a microcredit project need to submit a
Global Grant Application Supplement for Microcredit Projects with their grant applications.

2. Microcredit activities need to be supervised and controlled by the sponsoring club or district.
3. Grant funds need to be tracked separately in the accounting system of the microfinance institution.

4. Interest and fees generated by microcredit fund capital from The Rotary Foundation may be used for
administrative expenses that directly support the project.
5. Grant sponsors need to submit a Global Grant Report Supplement for Microcredit Projects with the final
grant report.

Terms and Conditions for Rotary Foundation District Grants and Global Grants (September 2020) 13

142