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equipment, and fees. The amount withheld will be deducted from the scholarship payment.



           VII. COOPERATING ORGANIZATIONS

           Cooperating organizations are reputable non-Rotary organizations or academic institutions that provide expertise,
           infrastructure, advocacy, training, education, or other support for the grant. Cooperating organizations need to
           comply with all reporting and auditing activities required by The Rotary Foundation and provide receipts and
           proof of purchases as required. Universities hosting scholars are not considered cooperating organizations.


           District grants

           All funding provided to cooperating organizations needs to be used for specific project expenses. The sponsor
           district needs to maintain an itemized report of these expenses.


           Global grants

           With a grant application, sponsors need to provide a memorandum of understanding (MOU) signed by both
           primary sponsors and the cooperating organization. It should include:
               1.  Verification from both primary sponsors that the grant is initiated, controlled, and managed by Rotary
                  clubs or districts

               2.  An endorsement from the primary sponsors affirming that the cooperating organization is reputable,
                  responsible, and acting within all governing laws
               3.  A grant implementation plan clearly listing the activities of each party

               4.  An agreement from the cooperating organization to participate in any financial review by the Foundation
                  of activities connected with the grant


           VIII. PAYMENTS


           District grants
           Grant funds will be paid only to the district or district foundation bank account that you listed in your application.
           District grant funds will not be released until the district grant from the previous Rotary year is closed. District
           grants are paid out at the Rotary International exchange rate at the time of payment. Funds are not available after
           the close of the implementation year, meaning that if sponsors don’t meet all payment requirements by 31 May of
           the implementation year, the grant will be canceled.


           Global grants

           Grant funds won’t be released until the grant sponsors have entered their bank account information in the Grant
           Center, sponsor contributions have been submitted to The Rotary Foundation, and any payment contingencies
           have been met. Grant funds will be sent to the account listed in the Grant Center. Project funds may not be paid to
           a vendor, cooperating organization, or beneficiary organization before project expenses have been incurred or
           services have been delivered. Organizations being reimbursed for project expenses need to give the Rotarian
           project sponsors copies of the original invoice or receipt before they’ll be paid. The people with signing authority

         158   2022-23 RFGMS 扶輪基金獎助金管理研習會
           Terms and Conditions for Rotary Foundation District Grants and Global Grants (July 2021)          10
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