Transcript The Finances of The Rotary Foundation

THE ROTARY
FOUNDATION of
Rotary International
Educational
Programs
Rotary Centers
for International Studies in Peace and Conflict Resolution
Master’s degree or
professional
development certificate
in fields related to
peace studies and
conflict resolution
Rotary Centers
for International Studies in Peace and Conflict Resolution
Purpose:
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Train fellows in peace and conflict issues
Advance knowledge and world understanding
among potential world leaders
Promote greater tolerance and cooperation
among peoples
Rotary Centers
for International Studies in Peace and Conflict Resolution
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Partnered with 7 Universities around the world
All districts asked to submit unlimited number of
qualified candidates application each year to TRF
Districts that commit $25,000 or more annually are
recognized as Peacebuilder Districts
Funded through DDF, World Fund and major
restricted gifts
Rotary Centers
for International Studies in Peace and Conflict Resolution
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60 scholars for 2007-09
Approximately 30% of districts submitted
applications
Must be proficient in 2 languages
Each class represents about 30 countries
Must have minimum 3 years relevant work
experience
Group Study Exchange
The international
exchange of
young
non-Rotarian
professionals
Group Study Exchange
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Districts can send a GSE team every year using
a World Fund award
GSE Team = 4 non-Rotarians + 1 Rotarian
Send additional team member using $2,000
DDF
Teams spend about 4 weeks
abroad
Minimum of 5 vocational days
Group Study Exchange
Importance of Vocational Days
In order for the GSE to be of the greatest value to team
members, a minimum 5 personalized vocational days is
required. Anything less, and the exchange becomes a
vacation, and does not fulfill the objectives of the program.
The more opportunities team members have to visit
vocational sites and see first-hand how their profession is
practiced abroad, the more impact the exchange will have on
their careers. Their employers will also recognize the value!
Group Study Exchange
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Main funding = World Fund
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Send additional GSE team with DDF ($11,000 USD)
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Rotary provides the most economical round-trip ticket
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Team members aged between 25 and 40
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Team member must be fully employed and have 2 years
of work experience
Ambassadorial Scholarships
For Students to study
abroad and serve as
Ambassadors of good
will
Ambassadorial Scholarships
3 Scholarship Types are now flat grants
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Academic Year
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9 months full-time study
Flat grant: US$25,000 DDF
Multi Year
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Two years full-time study
Flat grant: US$12,500 DDF per
year
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Cultural Scholarship
3 to 6 months
 Intensive language study
 Flat grant US$12,000 for
3 months
 Flat grant US$17,000 for
6 months
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Ambassadorial Scholarships
Value Added Changes
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Make the program more affordable to districts
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Encourage scholars to study in developing and/or less
expensive countries
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Accelerate the use of DDF
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Simplify the administration of the Scholarships
Program
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Enable Scholarship Program staff to be study abroad
advisors vs. accountants
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Negotiate tuition discounts with universities
Ambassadorial Scholarships
What Candidates to Select?
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Select scholars with an interest in humanitarian
studies
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E.g.: health care, food production, environmental protection
Select scholars who wish to study in areas that
do not normally host scholars
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E.g.: Africa, Brazil, Southeast Asia, Eastern Europe
Ambassadorial Scholarships
Application Process
Materials distributed to districts: November
Districts distribute applications to clubs: DecemberFebruary
Applications due to clubs from applicants: set by clubs
(usually from 1 March-15 July)
Club-endorsed applications due to districts: set by districts
District-endorsed applications to TRF: 1 October
Applications approved by Trustees: 15 December
Grants for University Teachers
To strengthen higher
education in low
income countries
Grants for University Teachers
Provides expertise not readily available to
a particular area
 3 to 5 month & 6 to 10 month programs
 Funded by DDF
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 $14,000
for 3-5 month period
 $25,000 for 6-10 month period
Grants for University Teachers
Fields taught must have practical use to the
people of the host country and contribute to the
socioeconomic development of that country.
EXAMPLES
Education
Agriculture
Medicine
Economics
Engineering
Business
Computer Science Health Care
Technology
Grants for University
Teachers
Some important Qualifications
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Hold (or, if retired, have held) a college or university
teaching appointment for at least three years
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Be a citizen of a Rotary country
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Be proficient in the language of the host country
Rotary Foundation Alumni
All participants in Educational Programs are
considered Rotary Foundation alumni. Alumni are
encouraged to maintain a lifelong relationship with
Rotary through:
 Rotary club membership
 Rotaract club membership
 Alumni association activities (service projects, future
participant selection and orientation)
 Contributions to TRF
Rotary Foundation Alumni
Rotarians can reconnect with alumni:
Rotary Alumni Celebration – an official
preconvention event for Foundation alumni at
the RI Convention
 Global Alumni Service to Humanity Award –
the Foundation’s highest honor for
outstanding alumni who exemplify Service
Above Self.
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THE ROTARY
FOUNDATION of
Rotary International
Educational
Programs
Questions?