Page 155 - 2023-24 RFGMS研習會手冊

6. HOW GRANTS ARE FUNDED

A. Global grants are funded by their sponsors and a World Fund award of up to $400,000. The minimum
global grant budget is $30,000.

B. Grant sponsors can use a combination of District Designated Funds (DDF), cash, and directed gifts and
endowment earnings to fund a global grant.
C. The Foundation will provide an 80% World Fund match for all DDF contributions.

D. There is no minimum World Fund match.

E. Sponsors also have the option of financing global grants without a World Fund match by using any
combination of cash, DDF, and directed gifts and endowment earnings to reach a minimum budget of
$30,000.

F. Rotary members and nonmembers may contribute cash toward a global grant, but it will not be matched by
the Foundation.
G. Cash contributions cannot come from a cooperating organization, a project supplier or vendor, or someone
who benefits from the grant.

H. Both Rotary member and nonmember cash contributions sent directly to The Rotary Foundation must
include an additional contribution of 5% to pay for processing and administrative expenses.

I. Funds should never be collected from beneficiaries.

J. At least 15% of contributions to global grants that fund humanitarian projects need to come from outside
the project country. Host sponsors of humanitarian projects are also encouraged to contribute toward the
financing of the grant.

K. Cash contributions to the Annual Fund may not be applied to a global grant.
L. Grant financing cannot be changed after it is approved.

M. Paul Harris Fellow recognition credit will be given only for sponsor contributions sent to The Rotary
Foundation, not for contributions sent directly to the project.

N. Contributions shouldn’t be sent to the Foundation before a grant is approved. If the application isn’t
approved, these contributions are credited to the Annual Fund-SHARE and can’t be reallocated after that.

O. All global grant contributions are considered irrevocable contributions to The Rotary Foundation and will
not be refunded.
P. Scholars who receive funding from sources other than their Rotary scholarship may use them, but the
Foundation will not match them.

Q. The Rotary Foundation is required to withhold tax on any expenses beyond tuition, books, necessary
equipment, and fees from global grant scholarships awarded for study in the U.S. (except for scholars from
Canada, Germany, or Japan, whose studies are funded through associate foundations in those countries).
The amount withheld will be deducted from the scholarship payment.

7. PAYMENTS

A. 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

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Terms and Conditions for Rotary Foundation Global Grants (April 2022) 2023-24 RFGMS 扶輪基金獎助金管理研習會 155