Page 149 - 2024-25 GMS研習會手冊

6. The following countries have requirements for returning funds: World Fund.

a. Argentina: Any unused grant funds of more than ARS 10 must be returned. 2. If a grant has been approved but not paid, World Fund, DDF, endowed fund spendable earnings, directed
gifts, and Corporate Social Responsibility funds will be returned to their original source. Cash and TRF-
b. Brazil: Any unused grant funds of more than BRL 100 must be returned.
Donor Advised Fund contributions will be moved to Annual Fund-SHARE. Non-Rotary cash
c. India: Any unused grant funds of more than INR 10,000 must be returned. contributions will be moved to the World Fund.

3. If a grant has been fully paid but all funds are returned, World Fund, DDF, endowed fund spendable
*Both the host and international sponsor are required to complete, authorize, and submit global grant reports. earnings, directed gifts, and Corporate Social Responsibility funds will be returned to their original
However, international sponsors of humanitarian global grants won’t be restricted from receiving new grants if a source. Cash and TRF-Donor Advised Fund contributions will be moved to the Annual Fund-SHARE.
report is overdue and the international sponsors did not receive the funds. Non-Rotary cash contributions will be moved to the World Fund.
4. If a grant has been fully paid but a partial amount is returned, all of those funds will be moved to the
World Fund.
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
XI. MICROCREDIT
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 The Rotary Foundation is committed to using microcredit programs to facilitate small, self-help enterprises. Clubs
3. An explanation of how the project’s results will be sustained over time 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
4. A description of how the host and international partners, as well as any cooperating organizations
development projects. But microcredit programs funded by the Foundation need to incorporate a component,
associated with the grant, participated in the project such as training, that extends beyond the management of loan capital. In addition:
5. A detailed account of project spending and complete project account bank statements. The Foundation
1. Clubs and districts that want to use global grant funds to support a microcredit project need to submit a
may also ask that sponsors submit receipts. Scholars and vocational training teams need to provide Global Grant Application Supplement for Microcredit Projects with their grant applications.
receipts to their sponsors for expenses of more than $75.
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
The Foundation will close the grant once the project implementation is complete and sponsors have shown that administrative expenses that directly support the project.
sustainability measures are in place to ensure that local community members will keep the project going.
5. Grant sponsors need to submit a Global Grant Report Supplement for Microcredit Projects with the final
grant report.

X. CANCELED GRANTS 6. If a microcredit project ends before meeting our reporting requirements, sponsors need to return grant
funds to the Foundation.
District grants
7. The Rotary Foundation will not fund loan guaranty systems.
If a district grant is canceled, the following procedures apply:

1. If a grant has been approved but not paid, all funds will be returned to the district’s DDF balance.
XII. SPECIAL CONSIDERATIONS FOR INDIA
2. If a grant has been paid, all unused grant funds must be returned to the Foundation and will be credited
to the district’s DDF balance. In addition to all other terms and conditions, grants with full or partial payment to a Rotary club or district in
India must follow the payment and reporting procedures below to comply with Government of India laws and the

Global grants Foreign Contribution Regulation Act (FCRA) read with Foreign Contribution Regulation Amendment Act 2020.
For general information about the FCRA, go to https://fcraonline.nic.in/home/index.aspx. A FCRA-registered
If a global grant is canceled, the following procedures apply: club or district is responsible for furnishing FC-4 return along with the financial statements to the Ministry of

1. If a grant has not yet been approved, cash and TRF-Donor Advised Fund contributions received for the Home Affairs, New Delhi, in a timely manner.
grant will be moved to the Annual Fund-SHARE. Non-Rotary cash contributions will be moved to the

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