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THE FOUNDATION OF ROTARY INTERNATIONAL
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Changes
to the SHARE System
July 2002
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Changes to the SHARE Process that Will
Affect the 2005-06 Program Year
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For the 2002-03 Rotary year, the 35-page
SHARE allocation workbook will be sent to the district
leadership in each district. The district must submit
its allocation worksheet to The Rotary Foundation by
1 March 2003.
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For the 2003-04 Rotary year, districts
will receive a SHARE mailing in January 2004, notifying
them of the District Designated Funds (DDF) available
for program year 2005-06. The mailing will be 10 pages
or less and will include a worksheet to track DDF spending.
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Starting in 2003-04, districts will
no longer be required to submit an allocation worksheet.
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DDF accounts will no longer be divided
into Humanitarian, Educational, Program Enhancement
and Donation categories. Rather, DDF deductions will
be made from the total available DDF balance, as applications
are approved by The Rotary Foundation or donations are
made.
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New requirements will be:
a. Deductions for
a donation will be made when the district notifies
the Foundation of the donation. All other deductions
will be made when the grant or scholarship has been
approved.
b. The deadline for districts to
make donations of scholarships to other districts
will be 1 March 2004 (for students that will study
during the 2005-06 Rotary year).
c. Other donations can be made at
any time from 1 March 2004 through 30 June 2006 for
use of funds in the 2005-06 Rotary year.
d. The deadline for scholarship applications
will be 1 October 2004 for funds that will be used
in 2005-06. (1 October annually for scholarships in
the following Rotary year).
e. The deadline for district Simplified
Grant requests will be 31 March 2005 for funds to
be used in 2005-06. (31 March annually for funds to
be used in the following Rotary year.)
f. Any remaining DDF for 2005-06
can be used by the district for Trustee-approved programs.
Available DDF not used in 2005-06 will roll forward
for use in 2006-07.
g. Starting in 2003-04, only the
current District Rotary Foundation Committee Chairperson
will authorize the use of DDF.
Beginning with the program year
2006-07, the DDF split will become 50 DDF/50WF. This will
affect contributions collected in 2003-04.
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