Future vision d1100 seminar 8 nov 2012

District Rotary Foundation Seminar

District 1100Rotary Foundation

Seminar

8 November 2012


Introduction

DG David Houghton


Transition to Future Vision

Also known as

The New Grants Model


SUPPORTING DOCUMENTATION


Seminar Objectives


Seminar Objectives•Need for Future Vision changes



•Provide update on Future Vision




•How to obtain Club Qualification for Future

Vision grants




•How to obtain Club Qualification for Future

Vision grants

•Documentation required for Club Qualification


Need for Future Vision Plan

• Immense growth of projects with imbalance of emphasis

• Need to streamline operations

• Improve efficiency

• Achieve greater impact and recognition


Benefit of Future Vision Plan

• Simplier structure, improve efficiency

• Increased use of District Designated Funds for District Grants (up to 50%)

• Monitoring and evaluation (achieve greater impact and recognition)

• Immense growth of projects with inbalance of emphasis


What is changingunder Future Vision

• Ambassadorial Scholars

• Group Study Exchange

• Matching Grants



Ambassadorial Scholars



Group Study Exchange

Renamed

Vocational Training Teams



Matching Grants


• Simplify programmes and processes

• Focus service efforts to increase impact

• Support global and local efforts

• Increase sense of ownership for districts and clubs

• Enhance Rotary’s public image

Future Vision Plan Goals


Areas of Focus

• Peace and conflict prevention/resolution

• Disease prevention and treatment

• Water and sanitation

• Maternal and child health

• Basic education and literacy

• Economic and community development


Foundation Mission

To enable Rotarians to advance world understanding, goodwill, and peace through the improvement of health, the support of education, and the alleviation of poverty


Support for Foundation

Foundation needs your support through:-

•Every Rotarian Every Yearand•A suggested target of $100 per memberand•A suggested target of $1000 per club for End Polio Now


District Grants

Global Grants

Packaged Grants

New Grant Model


District Grants

• Single “block” grant awarded annually

• Local or international activities, including Vocational Training Teams and Scholars

• Local decision making with broader guidelines

• Smaller activities and projects


District Grants

Timing

March-June 2013

Clubs supply brief details of projects

[Club name, Brief project description, Amount]

July 2013

District Applies for District Grant


Global Grants

• Long-term projects

• Sustainable outcomes

• Larger grant awards aligned with areas of focus

• Suitable for projects costing from 30,000USD


Packaged Grants

• Allows Clubs and Districts to work with strategic partners to implement predesigned projects


Club Qualification

• Qualification provides clubs with controls to meet Foundation requirements and to manage grant-funded activities.

• Clubs need to qualify before applying for global and packaged grants.


Club Qualification

• Attend a District Seminar on Future Vision.

• Complete the Memorandum of Understanding (MOU)


MEMORANDUM OF UNDERSTANDING

1. Club Qualification

2. Club Officer Responsibilities

3. Financial Management Plan

4. Bank Account Requirements

5. Report on Use of Grant Funds

6. Document Retention

7. Reporting Misuse of Grant Funds



Club QualificationAgree to implement the financial and stewardship requirements in this memorandum of understanding (MOU) provided by The Rotary Foundation (TRF) and to send at least one club member to the district’s grant management seminar each year.



Club Qualification

District may also establish additional requirements for club qualification.



Club Officer Responsibilities

1 Appoint at least one club member to implement, manage and maintain club qualification.




2 Ensuring that all TRF grants adhere to stewardship measures and proper grant management practices.




3 Ensuring that all individuals involved in a grant conduct their activities in a way that avoids any actual or perceived conflict of interest



Financial Management Plan

The club must have a written financial management plan to provide consistent administration of grant funds.




The financial management plan must include procedures to

A. Maintain a standard set of accounts, which includes a complete record of all receipts and disbursements of grant funds





B. Disburse grant funds, as appropriate.





C. Maintain segregation of duties for handling funds.





D. Establish an inventory system for equipment and other assets purchased with grant funds, and maintain records for items that are purchased, produced, or distributed through grant activities.





E. Ensure that all grant activities, including the conversion of funds, comply with local law.


MEMORANDUM OF UNDERSTANDINGBank Account Requirements

In order to receive grant funds, the club

must have a dedicated bank account that

is used solely for receiving and disbursing

TRF grant funds



A. The club bank account must

1. Have a minimum of two Rotarian signatories from the club for disbursements

2. Be a low- or noninterest-bearing account



B. Any interest earned must be documented and used for eligible, approved grant activities, or returned to TRF.



C. A separate account should be opened for each club-sponsored grant, and the name of the account should clearly identify its use for grant funds.



D. Grant funds may not be deposited in investment accounts including, but not limited to, mutual funds, certificates of deposit, bonds and stocks.



E. Bank statements must be available to support receipt and use of TRF grant funds.



F. The club must maintain a written plan for transferring custody of the bank accounts in the event of a change in signatories.



Report on Use of Grant Funds

The club must adhere to all TRF reporting

requirements.

Grant reporting is a key aspect of grant

management and stewardship, as it informs

TRF of the grant’s progress and how funds

are spent.



Document Retention

The club must establish and maintain appropriate

record keeping systems to preserve important

documents related to qualification and TRF grants.

Retaining these documents supports transparency

in grant management and assists in the

preparation for audits or financial assessments.



Document Retention

Documents that must be maintained include:

1. Bank information, including copies of past

statements

2. Club qualification documents including a copy of

the signed club MOU



Document Retention


3. Documented plans and procedures, including:

a. Financial management plan

b. Procedure for storing documents and archives

c. Succession plan for bank account signatories

and retention of information and documentation



Document Retention


4. Information related to grants, including receipts and invoices for all purchases.

5. Any other relevant document.



Document Retention

B. Club records must be accessible and available to Rotarians in the club and at the request of the district.



Document Retention

C. Documents must be maintained for a minimum of five years, or longer if required by local law.



Reporting Misuse of Grant Funds

The club must report any potential and real

misuse or mismanagement of grant funds to

the district.

This reporting fosters an environment in the

club that does not tolerate the misuse of

grant funds.


MEMORANDUM OF UNDERSTANDINGAuthorization and Agreement

This memorandum of understanding is an

agreement between the club and the district and

acknowledges that the club will undertake

measures to ensure the proper implementation of

grant activities and proper management of

Foundation grant funds. By authorizing this

document, the club agrees to comply with all of the

conditions and requirements of the MOU.


MEMORANDUM OF UNDERSTANDINGAuthorization and Agreement

On behalf of the Rotary Club of _____, the undersigned agree to comply with all of the conditions and requirements of the MOU for Rotary year ________ and will notify RI District 1100 of any changes or revisions to club policies and procedures related to these requirements.

Signed…………………… …………………….. Club President Club President-Elect


SUBMISSION OF SIGNED MOU

Club MOUs, with both signatures should be sent to The District Foundation Chairman:-

E-mail - [email protected]

Or post

69 New Street, Ledbury, HR8 2EB

Retain a copy for your records!


SUMMARYTrain, Qualify & Prepare 2012-13

• Appoint a club Rotary Foundation committee chair

• Attend a District Training Seminar

• Complete training to qualify your club

• Sign MOU and send to District Foundation Chairman


• Foundation needs your support through:-• Every Rotarian Every Yearand suggested targets of • $100 per memberand• $1000 per club for End Polio Now

Remember


• www.rotary.org/futurevision• learn.rotary.org• Rotary Grant News (sign up)• Rotary Future Vision News (sign up)

Resources


Member Access


Questions?

Future vision d1100 seminar 8 nov 2012

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Transcript of Future vision d1100 seminar 8 nov 2012