The Rotary Foundation is the Best Steward for Your Money. Here’s Why
Because grant funds come from donor contributions, it’s important for sponsors to manage these funds prudently, transparently, and in accordance with Rotary Foundation policies. Some good ways to do that are to: · Follow your spending plan to distribute and use grant funds for their stated purpose and in a timely manner. · Make project-related payments by check or other traceable method. · If payments are made electronically by one person, maintain a paper record showing that the payment was approved by both signatories. · Maintain detailed receipts and record each transaction. Your ledger should list each transaction and note the date, the amount, and the reason for it. · Share information so you can manage grant payments smoothly and keep funds secure. Thank you for helping Rotary maintain the highest level of grant oversight.