2014 FOUNDATION FUNDING AND THE SHARE SYSTEM
2014 LEARNING OBJECTIVES Understand the SHARE system Understand the recent change to the funding model Identify ways in which clubs can work with district leaders to use District Designated Fund (DDF) for projects
2014 FOUNDATION FUNDING Spendable Earnings
2014 Annual Fund contributions divided: 50% District Designated Fund (DDF) 50% World Fund with 5% earmarked for administrative support 3-year investment cycle Transforms contributions into grants Allows local control of how DDF is allocated SHARE SYSTEM
2014 SHARE SYSTEM EFFECTIVE 1 JULY 2015
2014 OUR NEW FUNDING MODEL EFFECTIVE 1 JULY 2015
2014 District Designated Fund – Allocated by districts – Directed by district-level Rotarians – Used locally or internationally – Spent on Foundation grants and programs World Fund – Allocated by Trustees – Used by Rotarians worldwide – Can act as a match – Spent on Foundation grants and programs ALLOCATED FUNDING
2014 SHARE PROCESS Unused DDF rolls forward to the next year; districts notified by October Unused DDF is calculated; districts notified in May Funds Raised Funds Spent
2014 District governor District governor-elect District Rotary Foundation committee chair District Rotary Foundation subcommittee chairs WHO IS INVOLVED IN PLANNING?
2014 «Insert your district’s information, such as district planning calendar deadlines for clubs requesting DDF process for determining who receives DDF» DISTRICT PLANNING
2014 Understand the SHARE system Understand the recent change to the funding model Identify ways in which clubs can work with district leaders to use District Designated Fund (DDF) for projects SESSION REVIEW
2014 Take the Managing Grants course at learn.rotary.org Plan a survey of members to help set DDF spending goals TAKE ACTION
2014 Questions? >
2014