Page 66 - Rotary 3201_PETS_manual_2021
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Fund. The World Fund will match 100 percent   of     4. Water and sanitation scholarships
          District Designated Funds and/or 50 percent of cash
          contributions. The minimum award amount    from      5. How are packaged grants funded ?
          the World Fund is US$15,000, which means that
          the minimum project budget is $30,000. term gifts.
          Endowed gifts are invested in perpetuity  with a
          portion of earnings spent on the intended program.         SHARE AND DISTRICT
          Term gifts are spent in their entirely on the intended     DESIGNATED FUND
          program over an agreed - to period of time.

          Packaged Grants                                            Through     the    SHARE      system,
                                                                     contributions to The Rotary Foundation
          Packaged grants have been pre designed by Rotary           are transformed into grants that  fund
          and our  strategic partners. The activities they  fund     local and international humanitarian
          are similar to those funded by global grants in many       projects, scholarships, and activities,
          ways - they  support  our  areas of  focus and can         such as vocational training teams. As the
          include scholarships, humanitarian projects, and           end of every Rotary year, contributions
          vocational training - but the work of designing the        directed to the Annual Fund - SHARE
          activity’s general framework has already been done.
                                                                     from all Rotary Clubs in the District are
          This allows Rotarians to focus their  talents and          divided between the World Fund and
          energies on bringing the project  to life. With a          the District Designated Fund or DDF.
          packaged grant, your role could include :
                                                                     At  End of  three years, District  can use
          1.  Assessing community  needs and identifying             the DDF  to pay  for  Foundation, Club
             those who could benefit from a project
                                                                     and District projects that your Club and
          2.  Selecting and mentoring scholars                       others in the District  choose. Districts
                                                                     may use up to half of their DDF to fund
          3.  Assembling teams of  professionals for  peer-
             based training                                          District grants. The remaining DDF may
                                                                     be used for  Global grants or  donated
          4.  Providing technical expertise or direct service        to PolioPlus, the Rotary Peace Centers,
          5.  Promoting and publicizing activities.                  or another District.
          6.  Monitoring and evaluating the project.

          How do Club’s apply for a packaged grant?                  WORLD FUND

          The Rotary  Foundation accepts packaged grant
          applications on a rolling basis throughout the year.       The World Fund provides the necessary
          Before a District or Club can apply, it must complete      funding   for  our  highest   priority
          the qualification process.
                                                                     activities around the globe. While 50%
                                                                     of  SHARE - Designated contributions
          What packaged grants are available?                        are applied to the World Fund. You can

          Five types of  packaged grants, described below,           also direct your entire gift to the fund.
          are currently available.                                   The Foundation uses the money to pay
                                                                     for  grant  and program opportunities
          1. Health educators training & nursing scholarships
                                                                     available to all Rotary Districts.
          2. Developing local entrepreneurs
          3. Vocational training and medical service



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