Rotary Foundation Changes the Funding Formula for Global Grants
On May 29, our District leadership received a letter from Rotary Foundation announcing a change in policy on funding Global Grants. Previously, the Rotary Foundation matched District Designated Funds (DDF) with a 1:1 match and club and individual cash donation with a O.5:1 match. The Trustees have eliminated the match with the club and individual cash donations - they will ONLY match District Designated Funds as of July 1, 2020. Clubs that are submitting Global Grants will see their funding adjusted on MatchingGrants.org when submitting a Global Grant for the 2020/2021 Rotary Year. Our Matching Grants webmaster, PDG Philippe Lamoise is working on the application to revise the formula to match the new Rotary Foundation policies.
Clubs are reminded they must complete the online training for grants (both Global and District) if they plan to qualify for submitting a grant in the 2020-21 Rotary Year. Grant training is no online on the District 5340 webpage. Two members of each Club submitting a grant must complete the online training and the quiz that goes with it to qualify their Club to submit a grant.
The Funding for District Grants remains the same. The District will match up to $3500 of Club donation for a District Grant in 2020-2021. District Grants are due on the Matching Grants website on August 1, 2020. Two members of a Club applying for a District Grant must complete the online training and quiz for District Grants to make their Club eligible. District Grants for the current 2019-2020 year must be completed and closed to be eligible to apply for a grant in 2020-2021.
If you have any questions, please contact the following:
Marge Cole, District Rotary Foundation Chair
Janice Kurth, Global Grants Chair
Elana Levens-Craig, District Grants Chair