Since they were introduced in 2013, Rotary’s global grants have grown tremendously.
We should be proud of that. In fact, demand for global grants is growing much faster than the contributions that fund them. Half of each Annual Fund-SHARE contribution goes to the World Fund, and the World Fund is what pays for global grants. When Annual Fund-SHARE contributions remain steady but global grants increase dramatically, eventually we won’t have enough money in the World Fund to keep pace with global grant demand.
In recent years, the World Fund has been depleted before the Rotary year ends. Because of this, we have been unable to fund all the global grant requests we receive. And this year it will happen again, even though the Foundation’s Board of Trustees took measures to save costs. So the Trustees have now made policy changes that will take effect on 1 July, in an effort to increase the Foundation’s ability to fund global grants. You can read about these changes in an announcement on My Rotary.
Because you are in the process of applying for a global grant, the change that will affect you most directly is this: The World Fund match of DDF for global grants will be 80%.
For 2020-21, as long as funds remain available, DDF will continue to be matched at 100% for applications submitted by 31 May, 23:59 Chicago time (UTC-5), and approved by 30 June, 23:59 Chicago time (UTC-5). Applications that are not approved this Rotary year will need to be resubmitted with adjusted financing.
There will be one exception to these changes: Global grant scholarships submitted by 30 June, 23:59 Chicago time (UTC-5) will receive a 100% World Fund match of DDF, even if the World Fund is exhausted before 30 June.
The Trustees have spent considerable time deliberating over these issues, and these policy changes are the result of careful thought and planning. Balancing financial resources with program demands is challenging for any nonprofit, and adjustments and difficult decisions are sometimes necessary to cope with a changing situation.
If you have general questions about these changes to the Foundation’s grant funding, please contact the Rotary Support Center. If you have questions that are specific to your global grant, contact your regional grants officer.
Thank you for your continued efforts to do good in the world.
Sincerely,
Victor Barnes
Director of Programs and Grants
The Rotary Foundation
In recent years, the World Fund has been depleted before the Rotary year ends. Because of this, we have been unable to fund all the global grant requests we receive. And this year it will happen again, even though the Foundation’s Board of Trustees took measures to save costs. So the Trustees have now made policy changes that will take effect on 1 July, in an effort to increase the Foundation’s ability to fund global grants. You can read about these changes in an announcement on My Rotary.
Because you are in the process of applying for a global grant, the change that will affect you most directly is this: The World Fund match of DDF for global grants will be 80%.
For 2020-21, as long as funds remain available, DDF will continue to be matched at 100% for applications submitted by 31 May, 23:59 Chicago time (UTC-5), and approved by 30 June, 23:59 Chicago time (UTC-5). Applications that are not approved this Rotary year will need to be resubmitted with adjusted financing.
There will be one exception to these changes: Global grant scholarships submitted by 30 June, 23:59 Chicago time (UTC-5) will receive a 100% World Fund match of DDF, even if the World Fund is exhausted before 30 June.
The Trustees have spent considerable time deliberating over these issues, and these policy changes are the result of careful thought and planning. Balancing financial resources with program demands is challenging for any nonprofit, and adjustments and difficult decisions are sometimes necessary to cope with a changing situation.
If you have general questions about these changes to the Foundation’s grant funding, please contact the Rotary Support Center. If you have questions that are specific to your global grant, contact your regional grants officer.
Thank you for your continued efforts to do good in the world.
Sincerely,
Victor Barnes
Director of Programs and Grants
The Rotary Foundation