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District 7610 Training Global Grants In Depth – Fredericksburg, VA

District 7610 Training Global Grants In Depth – Fredericksburg, VA September 16, 2017. Agenda for Global Grant ‘In Depth’. Why use the Global Grant? Financing Using the The Rotary Foundation is powerful. Leverage the resources available!

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District 7610 Training Global Grants In Depth – Fredericksburg, VA

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  1. District 7610 Training Global Grants In Depth– Fredericksburg, VA September 16, 2017

  2. Agenda for Global Grant ‘In Depth’ • Why use the Global Grant? • Financing Using the The Rotary Foundation is powerful. Leverage the resources available! • Three ‘Basic’ Ways to fund a $30,000 Global Grant • Cycle of Funds; Annual DDF • 7610 Advanced Financing (Using More DDF in exchange for Annual Shares Contribution) • Global Grant Calculator • Host Club Necessities • Due Diligence • 7610 GG Resources

  3. Whyuse the Global Grant system? • Leverage Financial Resources from The Rotary Foundation (TRF) • Solve humanitarian problems; both domestic and overseas • Involve your Rotary Club, Local District, Overseas Club, Overseas Districts, & TRF • Create a beneficial program that has a long-term sustainable impact • These projects can save lives, give people healthier lives, and improve their local economies

  4. Financing Your Global Grant • There is no ‘right’ way to fund your global grant • Talk to your club, your District, your Host (overseas) Club, & your Host (overseas) District to find availability of funds • Band together with other Rotary Clubs to form alliances and further leverage funds Next we’ll look at three different examples illustrating how to finance a $30,000 global grant

  5. Global Grants 3 Ways to Fund a $30,000 Project: #1

  6. Global Grants 3 Ways to Fund a $30,000 Project: #2

  7. Global Grants 3 Ways to Fund a $30,000 Project: #3

  8. Global Grants 3 Ways ‘Basic Ways’ to Fund a $30,000 Project

  9. Global Grants – How the Money Flows Extra Annual Shares from Global Funds Paul Harris Society 7610 Annual Shares to The Rotary Foundation $500,000 2014/15 Rotary Year Every Rotarian, Every Year (EREY) Sustaining Members 50% Returned to 7610 in 3 Years $250,000 to the District Designated Fund (DDF) 2017/18 Rotary Year District Grants $125,000 Global Grants $125,000 This is today’s discussion.

  10. The Power of DDF Financing • Using Club Financing Only: • $20,000 Club(s) Cash Contribution (must add 5%/ $1,000 admin) • $10,000 TRF Match (50% Match) • $30,000 Total Budget • Positives: Won’t Depend on District for DDF • Negatives: 50% TRF Match, Admin Fee, Takes Longer to Process • Using DDF Financing: • $15,000 DDF 7610 (Exch. for 50% or 7.5K to Annual Shares TRF) • $15,000 TRF Match (100% Match) • $30,000 Total Budget • Positives: No Admin Fee, Quicker to Process, Funds Annual Shares, which in return comes back in 3 years (more DDF) • Negatives: Limited DDF Each Year; coordinate with Club Presidents, still have to raise $

  11. Host Club Necessities • Club experience in grant writing • Discuss Host Club with The Rotary Foundation (TRF) • Are they willing to vouch for local contractors? • Club communication (via phone, email, and /or Skype are essential) • Do they understand permits/ legal constraints? • Communicate with Host District

  12. Due Diligence • Review Host Club’s past grant experience • Open up dialogue with contractors • Consider traveling to the project location • Establish metrics to measure progress/successes • Request feedback from all parties involved • Make an MOU for all parties responsible

  13. Global Grant Calculator

  14. Global Grant Resources - RI www.rotary.org/myrotary/grants A Guide to Global Grants (PDF) Areas of Focus Policy Statements (PDF) Cooperating Organization Memorandum of Understanding (DOC) Global Grant Application Supplement for Microcredit Projects (DOC) Global Grant Application Template (DOC) Global Grant Calculator (XLS) Global Grant Monitoring and Evaluation Plan Supplement (PDF) Global Grant Report Supplement for Microcredit Projects (DOC) Global Grant Scholarships Supplement (PDF) How to use the Grant Center (PDF) Lifecycle of a Project Six Steps to Sustainability (PDF) Terms and Conditions for Rotary Foundation District Grants and Global Grants (PDF) Training Plan for Global Grants (DOC) Vocational Training Team Itinerary (DOC) • Web-based Tools: • Start your grant application • Take a course in the Learning Center • Rotary Grants: Building a Global Grant • Orientation for Scholars and Vocational Training Teams • Discussion groups • Find your Rotary grant officer (PDF)

  15. Global Grant Resources – District 7610 • andrewdwade@gmail.comAndrew Wade • bjansen@jansenland.comBob Jansen • jameswchurch@aol.comJim Church • wkkrist@aol.comBill Krist • Renee.reiling@rotary.orgRenee Reiling District Points of Contact

  16. Questions and Answers All questions are good questions

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