Page 117 - 2022-23RFGMS
P. 117
Contributions and Paul Harris Fellow Recognition
All cash contributions to The Rotary Foundation that are to be applied to a global
grant require an additional contribution of 5% to cover the costs associated with
processing these funds. Use the global grant calculator to figure your budget
automatically. When you apply for a global grant, the Grant Center will also make
calculations as you enter information. Both will display the total amount required to
fully fund the project.
Points for Paul Harris Fellow recognition will be awarded on the full amount of any
cash contributions to the Foundation. Tax receipts, where applicable, will also be
provided for the total amount of the cash contribution.
If you use DDF as part of your grant funding or deposit cash directly into a project
bank account, the additional 5% is not required. Let the Foundation payment
coordinator know the amount of cash — if any — that is being sent directly to
the project bank account. Such contributions don’t generate Paul Harris Fellow
recognition points, and the Foundation doesn’t issue tax receipts for them.
The Rotary Foundation never asks for funding from the community that
benefits from a global grant-funded project. Since Rotary members have
identified this community as one in need, we don’t collect funds from
beneficiaries in exchange for receiving the grant.
Community ownership is important. When developing a project plan
with the community, identify the long-term costs of the project. Sponsor
clubs can suggest that community members contribute to a community
account to encourage ongoing support of the project and build
community ownership, but the collected funds should not cover costs
related to the project. Any funds collected from the community should
provide additional services (e.g., each household that receives a tube
well could be charged $1 a month to be used for repairs after the grant is
closed).
POINTS TO REMEMBER
Work with your partner to create a project plan with measurable outcomes to
guide the implementation of your project. Make sure each partner understands
and completes their tasks and responsibilities. A good financial management
plan and budget will help you determine how much funding your project will
need and ensure that grant funds are spent as planned.
A GUIDE TO GLOBAL GRANTS 3: PLAN YOUR GLOBAL GRANT-FUNDED PROJECT 23
2022-23 RFGMS 扶輪基金獎助金管理研習會 117