Stewardship in Rotary Projects in Club Projects District

Stewardship in Rotary Projects in Club Projects, District Grants, Global Grant Projects 1

Learning Objectives Stewardship • Concept • Dos and Don’ts • Prerequisites • Precautions 2

Stewardship - Concept • TRF funds - a sacred trust • Competent & thorough supervision • Irregularity to be reported • Implementing approved projects 3

Stewardship - Dos • • Integrity – the Foundation Timely Financial review Timely reports submission Use 4 -Way Test • Humanitarian projects • Active participation • Develop Rotary networks • Spend as per TRF guidelines 4

Project Committee Members § Committed • Reports to sponsoring clubs • At least 3 members to implement § Objective § Motivated projects § § § Multi-lingual Insightful Team-spirit Techno-savvy Expert in subject matter Efficient & Effective 5

Effective Partnership • Defined responsibilities • Clear plan of action • Open communication lines • Knowledgeable, motivated • Mutual respect 9 6

Effective Communication • Know project partners • Prepare for diversity • Share successes • Discuss problems • Communicate in time • Practice patience • Be in good humor 8 7

Appropriate Fundraising • Service Above Self • • • No contribution from Beneficiaries Accurate records of donations No Reciprocal relationships Funds used for only approved project Report any deviations to the TRF 13 8

Use of TRF Funds Don’t Spend on: • Construction/renovation • Purchase of land or buildings • Salaries and International travel • Administration of another org. • Post-secondary education • Establishment of foundation or trust • Reimbursement of existing project 9

Financial Records • Effective, efficient use of funds • Separate bank account for each grant • Separate accounts for each project • Conditions of the grant to be met • Fulfil all legal requirements • Embodies trust • Opens the door future projects • No cash transactions 20 10

Integrity without knowledge is weak and useless. Knowledge without integrity is dangerous and dreadful – Dr. Samuel Johnson 11