TERM GIFTS – A WAY OF GIVING

Fund Development TeamRI South Asia Office

Areas Of Focus Major Gifts Initiative (Cont.)

Ways to support the AOF - MGI

Endowed gifts

Planned Giving- Bequests

Term gifts

Area of Focus

Peace and Conflict Prevention/Resolution

Disease Prevention and Treatment

Water and Sanitation

Maternal and Child Health

Basic Education and Literacy

Economic and Community Development

Term Global Grant Contributions Worldwide

2009-10 2011-12 2012-13 2013-14 2014-15 2015-16$0

$500,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000$5,000,000

$30,000 $772,545

$495,649

$1,993,150

$4,681,337

$1,948,820

1 7 8 39 56 53

Total US$ value Number of gifts received

Term Global Grant Contributions from India

2011-12 2012-13 2013-14 2014-15 2015-16$0

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$30,000 $150,000

$1,863,150

$2,167,461

$1,481,353

1 4 37 48 44

Total US$ Value Number of gifts received

Term Global Grants by Area of Focus (India)

23

30

47

4

15

133

Water and sanitaion

Basic education and literacy

Disease prevention and treatment

Maternal and child health

Economic and community development

Multiple or not specified

WINS

Term Gifts Utilized

as of 30June 2016

Rotary Year

Number of Term Global

GrantsTotal Value

(US$)Number of Term Global Grants

approved

Total Term Global Grants Value

approved (US$)

2011-12 1 $30,000 1 $30,000

2012-13 4 $150,000 4 $150,000

2013-14 37 $1,848,150 25 $1,253,650

2014-15 49 $2,135,022 24 $798,985

2015-16 44 $1,481,353 8 $260,000

Total 135 $5,644,525 62 $2,492,635

Term Global Grant Gifts

Generally a one-time gift, used in its entirety for its intended purpose and carries the name of the donor or a loved one. Generally used in the year following when the gift is given.

• Option 1- $15,000 and up- to be used in lieu of World Fund by TRF per the restrictions placed on the gift by the donor.

• Option 2- $30,000 and up- available to a club or district to develop a global grant per the restrictions placed on the gift by the donor. The $30,000 covers the club/district portion and WF match.

The Rotary Foundation Money Flow

Term Gift

Annual Fund

Endowment Fund

Share ( 3 years)

DDF(District

DesignatedFund)-50%

TRFProgramFunding

RotarianContributions

InvestmentEarnings

Spendable earnings

50%

Utilized through

Term Global grants

Term Global Grant Funding Scenarios (Not Tied To A District)Term Gift of

$15,000 Example 1 Example 2 Example 3 Example 4

Amount from term gift $15,000 $15,000 $15,000 $15,000

District Designated

Funds$15,000 $10,000 $30,000 $42,500

World Fund Match $0 $0 $15,000 $27,500

Cash $0 $5,000 $0 $10,000

World Fund Match $0 $0 $0 $5,000

Total Grant Amount $30,000 $30,000 $60,000 $100,000

Term Global Grant Funding Scenarios (tied to a District)Term Gift of

$30,000 Example 1 Example 2 Example 3 Example 4

Amount from term gift $30,000 $30,000 $30,000 $30,000

District Designated

Funds$0 $7,500 $0 $3,750

World Fund Match $0 $7,500 $0 $3,750

Cash $0 $0 $10,000 $5,000

World Fund Match $0 $0 $5,000 $2,500

Total Grant Amount $30,000 $45,000 $45,000 $45,000

Term Gift utilization through Global grants

Pre-review of draft GG application by

Grants team

Suggestion from Grants team as

per AOF guideline

If project eligible for funding , Term gift

contribution to RF(I)

Gift agreement processed

Modified GG application submitted

(within AOF policy statement)

Final Approval and implementation of

project

If declined, application modified

and re-submitted

Term Gift Recognition, Tracking and Reporting

Recognition– Major donor – Arch Klumph Society

Tracking and Reporting– Each gift is individually tracked– Donors receive a personalized report with

general information on the grant and how much additional funds were leveraged

Term Global Grant - FAQs1. Can Rotarian/non-Rotarian contribute through term gifts. Yes, both Rotarians and non-Rotarians can make Term Gifts.2. Can numerous people give to a term global grant?Term global grants are reserved for an individual, couple, non-Rotary affiliated foundations and corporations.

3. Does a $15,000 term global grant receive a match by the Foundation?Because the minimum global grant project size is $30,000, a term gift at this level is leveraged by other contributions.

4. What is the minimum amount needed to fund a term global grant?$30,000 is the minimum amount. This will cover the district’s initial portion and the World Fund match portion for the grant.5. How can districts apply for global grants?Applications must be completed online at Rotary.org.

6. Where in the application does a district indicate that funding from a term global grant is to be used?When completing the financing portion of the grant application, select the term gift number (e.g. T12345) as the funding source.

Term Global Grant - FAQs7. How soon after the term gift is made can the benefitting district have access to the funds?Such contributions will be available in the Rotary year immediately following the year in which they were received, unless otherwise specified in the gift agreement.

8. What happens if a district does not use the term global grant benefitting their district in the year that it is made available?It will carry over to the following year. If many years go by, the Foundation will determine how best to use the remaining funds.

9. Does the international partner need to contribute 30% to the global grant project budget?No, this requirement does not apply. 10. Are there any fees charged or deductions made from the term gift?No fees or deductions are taken from the gift. 100% of the gift is made available for global grants.11.If donor pays $250,000, will he become AKS member? A single donor or couple who makes an outright contribution of US$250,000 to fund Term Gifts would be eligible for AKS status and recognition.

Term Global Grant - FAQs

• Can a district split a term global grant and add DDF and/or cash in order to fund multiple global grants?

• Yes. If the amount of the gift is greater than $30,000. For instance, if the gift is for $40,000, the district can use $20,000 each on two global grants and supplement the difference by adding cash and/or DDF to each grant to reach the $30,000 minimum global grant project budget. However, both global grants must carry the name of the donor and comply with any restrictions and/or preferences placed on the gift by the donor.