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fair market cost, as evidenced by a sales quote or offer obtained through a fair, open, and thorough process.
The general secretary will provide advice on how to interpret and implement this policy. Any Rotarian or Rotary
entity with an unresolved conflict of interest involving a program grant or award must report it to the general
secretary at least 30 days before the selection process or proposed transaction. The general secretary will decide if
a conflict of interest might exist in a particular case. If the general secretary then decides there is or has been a
conflict of interest in a grant or award, he or she will determine an appropriate remedy that may include canceling
current funding or suspending future funding that involves a particular Rotarian, club, or district.
Terms and Conditions for Rotary Foundation District Grants and Global Grants (September 2020) 18
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