What is SHARE?
Posted by Ed Iraci
Through SHARE, Rotary districts choose which Rotary Foundation programs they wish to support and participate in.
The Foundation's programs are funded through voluntary contributions from Rotarians and others who believe in its mission. Their donations demonstrate their commitment to enhancing lives, creating greater understanding among nations, and advancing the quest for peace in the world.
Foundation program awards are distributed worldwide through the SHARE system. Contributions to The Rotary Foundation are transformed into Ambassadorial Scholarships, Group Study Exchanges, Matching Grants, and more.
The Foundation's programs are funded through voluntary contributions from Rotarians and others who believe in its mission. Their donations demonstrate their commitment to enhancing lives, creating greater understanding among nations, and advancing the quest for peace in the world.
Foundation program awards are distributed worldwide through the SHARE system. Contributions to The Rotary Foundation are transformed into Ambassadorial Scholarships, Group Study Exchanges, Matching Grants, and more.
At the end of every Rotary year, 50 percent of each district's donations to the Annual Programs Fund are credited to their District Designated Fund (DDF); the other 50 percent is credited to the World Fund.
The Foundation uses the World Fund to pay for the worldwide programs available to all Rotary districts, regardless of their specific contributions. Districts use their DDF to fund the Foundation programs they participate in.
Because districts share in the decision-making process about program funding with the Trustees, every Rotarian has a voice in planning for the future. Every year, members of each district's Rotary Foundation committee, in consultation with Rotarians in their district, decide how the SHARE DDF will be used. SHARE offers a wide variety of program options for districts to choose from.
Funding cycle
The Rotary Foundation has a unique funding cycle that uses donations for programs three years after they're received. The three-year cycle gives districts time for program planning and participant selection and allows the Foundation to invest the contributions. The earnings from those investments pay for all administrative, program operations, and fund development costs.
The system is called SHARE because
*Rotarians share their resources with fellow Rotarians around the world
*The Trustees share some of their decision-making responsibility with the districts
*Rotarians share Rotary with the world through their Foundation
The Foundation uses the World Fund to pay for the worldwide programs available to all Rotary districts, regardless of their specific contributions. Districts use their DDF to fund the Foundation programs they participate in.
Because districts share in the decision-making process about program funding with the Trustees, every Rotarian has a voice in planning for the future. Every year, members of each district's Rotary Foundation committee, in consultation with Rotarians in their district, decide how the SHARE DDF will be used. SHARE offers a wide variety of program options for districts to choose from.
Funding cycle
The Rotary Foundation has a unique funding cycle that uses donations for programs three years after they're received. The three-year cycle gives districts time for program planning and participant selection and allows the Foundation to invest the contributions. The earnings from those investments pay for all administrative, program operations, and fund development costs.
The system is called SHARE because
*Rotarians share their resources with fellow Rotarians around the world
*The Trustees share some of their decision-making responsibility with the districts
*Rotarians share Rotary with the world through their Foundation