Transcript Document
D9630 GRANT MANAGEMENT SEMINAR WEBINAR SERIES 2014/15 PART 3- OVERSIGHT AND REPORTING TITLE | 1 D9630 WEBINAR SERIES Webinar #1 – Designing a Project Webinar #2 – Applying for and Implementing a Grant Webinar #3 – Oversight and Reporting Webinar #4 - Qualification TITLE | 2 Welcome to the webinar The purpose of this series of four webinars is to help clubs:• Understand how to manage a Rotary grant • Learn stewardship expectations • Prepare clubs to implement the MOU • Qualify clubs to receive grant funds TITLE | 3 Welcome to the webinar We will Overview the new Grant structure:- • More decision-making power at the club and district levels • Two types: global grants, district grants • Simplified leadership structures • Flexible DDF and scholarships • Vocational training teams TITLE | 4 Welcome to the webinar The series will ensure that projects:- • • • • • Have proper financial controls Adhere to technical standards Meet the needs of beneficiaries Fulfill their objectives Safeguard funds TITLE | 5 Meet our panelist Panelist: DGE John Crawford Rotary Club of Loganholme TITLE | 6 Meet our panelist Panelist: PP Martti Kankkunen Rotary Club of Logan TITLE | 7 D9630 D9630 GRANT MANAGEMENT SEMINAR Subject - PART 3- OVERSIGHT AND REPORTING Organizer/Presenter Date Seminar Three – Oversight and Reporting LEARNING OBJECTIVES LEARNING OBJECTIVES • Identify best practices for managing funds and record keeping • Identify which documents need to be retained • Understand reporting requirements TITLE | 9 STEWARDSHIP Stewardship is the responsible management and oversight of grant funds, including: • Reporting any irregularities • Rotarian supervision • Financial records review • Oversight of funds • Timely submission of reports TITLE | 10 FINANCIAL MANAGEMENT PLAN • Bank account for funds • Distributing funds • Use cheques or bank cards to track funds • Detailed ledger TITLE | 11 DOCUMENT RETENTION • Provide access to documents for transparency • Retain for a minimum of five years • Make copies TITLE | 12 REPORTING REQUIREMENTS Reporting: •Verifies grants were managed properly •Provides valuable data for your club, partners, and Rotary TITLE | 13 DISTRICT GRANT REPORTS • Provide quarterly Progress Reports to the District Committee • Provide a Final Report within 2 months of completion, and before the end of the Rotary year Aqualift Shower Trolley – Local Retirement Village TITLE | 14 DISTRICT GRANT REPORTS • Any significant changes to the project time frame must be approved by the District Committee • If the project falls through, and an alternate project is not put forward for consideration, the funds must be returned Literacy – “Take Home Readers” TITLE | 15 GLOBAL GRANT REPORTS Timeline for reporting: •Progress reports within 12 months of first payment • Every 12 months through the term of the grant •Final report within two months of completion Vermin Proof Silos Timor Leste TITLE | 16 GLOBAL GRANT REPORTS Your global grant report should include: •How partners were involved •Type of activity •Evaluation of project goals •How area of focus goals were met •How funds were spent •Number of beneficiaries and how they benefited TITLE | 17 LEARNING OBJECTIVES • Identify best practices for managing funds and record keeping • Identify which documents need to be retained • Understand reporting requirements TITLE | 18 Questions? TITLE | 19 POLL TITLE | 20 Thank you! TITLE | 21