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Future Vision: Planning for Global Grants

Future Vision: Planning for Global Grants. Global Grants - What’s New? Requirements from TRF. There are many significant changes regarding TRF policies and procedures that we will not discuss here. There will be specific training for Global Grants in February and March

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Future Vision: Planning for Global Grants

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  1. Future Vision:Planning for Global Grants Future Vision STEPS Breakout

  2. Global Grants - What’s New?Requirements from TRF There are many significant changes regarding TRF policies and procedures that we will not discuss here. There will be specific training for Global Grants in February and March Stay tuned for further announcements Future Vision STEPS Breakout

  3. Global Grants– What Is New?District 5240 Policies • Less Money – 50% of DDF vs. 80% of DDF • Grants are bigger – minimum $15,000 TRF match • No DDF Allocations • All clubs have equal access to DDF • Clubs can request up to $18,000 DDF • DDF must still be matched with cash contributions from club(s) • GGs will be submitted to the Global Grants Committee for evaluation • DDF will be awarded on a merit, competitive basis Future Vision STEPS Breakout

  4. Global Grants– What Is New?District 5240 Policies • In RY 2013-14 the District will have $120,000 DDF for GGs • DDF will be divided into 4 equal parts • Each quarter, one fourth ($30,000) of the DDF will be available for GGs • If all DDF for a given quarter is not fully committed, the remaining funds will be rolled over to the next quarter • If clubs request more DDF than is available in a given quarter, each GG submitted in that quarter will be evaluated on a merit, competitive basis. • GGs which are technically adequate but which are not awarded DDF due to merit evaluation may resubmit in subsequent quarters • Limit of 1 GG per club in the 1st half yr & 1 in the 2nd half yr Future Vision STEPS Breakout

  5. Global Grants– What Is New?District 5240 Policies • The following are the deadlines for quarterly submission of Global Grants • August 15, 2013 – first quarter • November 15, 2013 – second quarter • February 15, 2014 – third quarter • May 15, 2014 – fourth quarter • The Global Grants Committee will begin reviewing grants on the established dates and will try to complete the review process within 2 weeks • We anticipate being able to fund 8-12 Global Grants in RY 2013-14 Future Vision STEPS Breakout

  6. Impact of GG Changes:What Should Your Club Do Now? • Things to consider • Fact: GGs are much more complicated than MGs • Fact: Many clubs that are interested in submitting a GG in the next Rotary year have already begun planning in this RY • Fact: Planning & implementation of GGs will transcend multiple years • Grants that are being planned in RY 2012-13 will not be submitted until RY 2013-14 Future Vision STEPS Breakout

  7. Impact of GG Changes:What Should Your Club Do Now? • If your club decides that it will submit a GG • Establish a timeline – when do you anticipate planning and submitting the GG • Establish a club budget for support of GG(s) • How much cash will the club set aside for GGs it is submitting (maximum = 2) • How much cash will the club reserve to collaborate on GGs that another club in D-5240 is submitting • How much cash will the club reserve to collaborate on GGs that a club in another district is submitting • Establish a procedure for committing cash in the planning year that will not be used until the submitting year Future Vision STEPS Breakout

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