[D9640general] [eFlash_Rotary] Digest Number 732

[Garry & Anne Krischock]

 Message 
  1. 1403: New TRF funding model simplifies process for clubs and distric 
 Thu Nov 8, 2007 6:00 pm (PST) 
New funding model simplifies process for clubs and districts
By Janis Young 
Rotary International News 

In response to the new Rotary Foundation grant structure, the Future 
Vision Committee recommended a preliminary distributable funds model 
that was approved by the Foundation Trustees and then reviewed by the 
RI Board during the October/November meetings of both boards. 

Under the new model, block grants will be funded by a percentage of 
District Designated Fund allocations. During the three-year pilot 
phase (2009-12), districts may use up to 40 percent of their 
available DDF to support smaller local and international projects, 
offering districts a great deal of flexibility. This percentage will 
be reviewed annually by the Trustees. SHARE will continue operating 
in its current structure, with 50 percent of district contributions 
going to the World Fund and 50 percent to DDF. 

Club- and district-designed grants in the areas of focus (priority 
world needs identified by Rotarians in which the Foundation is 
directing its resources to have a sustainable and measurable impact 
that leverages the organization's financial and volunteer resources) 
are expected to be supported by a World Fund match of DDF. Grants 
offered by the Foundation and its strategic cooperative 
relationships, or SCRs (organizations that specialize in one of the 
strategic areas of focus and have an established relationship with 
the Foundation), will be supported by the World Fund, Foundation-
earned income, contributions from SCRs, and other sources being 
studied further by the Future Vision Committee and Trustees. The 
Trustees envision the joint Foundation-SCR grants as the most 
effective and strategic use of Foundation resources in achieving 
sustainable outcomes. As such, these grants would be funded 
completely by the World Fund through a competitive process that does 
not require club and district financial support. 

"This model greatly simplifies our current funding mechanism and 
gives districts better access and flexibility in using their 
contributions," said Trustee Ron Burton. "With strategic cooperative 
relationships, we also increase the level of funding available for 
large-scale projects in our areas of focus and continue to provide a 
choice to clubs and districts in their service interests with more 
resources at their fingertips."

Courtesy: eFlash_Rotary
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