Trustees adjust new grant model
At their March meeting, The Rotary Foundation Trustees made the following adjustments to the new grant model under the Future Vision Plan. The Trustees:
- Agreed to revisions in the definitions of the areas of focus and to guidelines for funding eligible activities in each area, which will become effective 1 July. (Look for the revised definitions to be posted at Rotary.org in the coming weeks.)
- Agreed that packaged global grants and club- and district-developed global grants will become two separate types of grants, effective 1 July 2013. The grants will simply be called packaged grants and global grants.
- Decided that, effective 1 July 2013, a district stewardship subcommittee in each district will be responsible for ensuring the careful and responsible management of Foundation grant funds and for educating Rotarians on proper and effective grant management.
These changes will be reflected in the revised District Rotary Foundation Committee Manual to be released early in the 2012-13 year and will be discussed during breakout sessions at the 2012 RI Convention in Bangkok, Thailand.
Questions about the new grant model may also be raised through the official Future Vision LinkedIn discussion group.