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District 6980
District Designated Funds
DDF
Presented at
2015
Grants Workshop
September 12, 2015
Bob Shydo
DDF Administrator
District Designated Funds (DDF)
District 6980
September 12, 2015
Agenda
DDF Funding Cycle DDF Transfer Form DDF Tracking Form
— 2 —
District Designated Funds (DDF)
District 6980
September 12, 2015
DDF Funding Cycle
Rotarians and clubs make contributions to the Annual Fund each year.
After 3 Years:40% of your club’s contributions goes to the World Fund (5% of original amount go to OP EXP)
50% of your club’s contributions comes back to the district as District Designated Funds (DDF)
With Revenue Sharing40% of your club’s original contribution is allocated to your club by the district for use this Rotary Year
— 3 —
District Designated Funds (DDF)
District 6980
September 12, 2015 — 4 —
District Designated Funds (DDF)
District 6980
September 12, 2015
DDF Allocation with Revenue Sharing
100% of contributions to Annual Fund
40% allocated to World Fund
50% allocated to the District
as DDF
80% of District’s DDF allocated to
Club
20% of DDF remains with the District
— 5 —
After 3 Years
Through Revenue Sharing
40% of original contribution
10% of original contribution
$7,500
$3,375
$3,750DDF $3,000DDF
$750DDF
-5% Op Exp-$375
District Designated Funds (DDF)
District 6980
September 12, 2015
DDF Transfer Form
— 6 —
District Designated Funds (DDF)
District 6980
September 12, 2015
DDF Uses
• District Grant:o Interacto Rotaracto RYLAo GSEo Youth Exchangeo Other
• Global Grant• Rotary Peace Fellowship• Polio Plus• District 6980• Vocational Training Team
— 7 —
District Designated Funds (DDF)
District 6980
September 12, 2015 — 8 —
District Designated Funds (DDF)
District 6980
September 12, 2015 — 9 —
This is what you see if you depress the “Highlight Existing Fields” box in the upper right hand corner
District Designated Funds (DDF)
District 6980
September 12, 2015 — 10 —
District Designated Funds (DDF)
District 6980
September 12, 2015 — 11 —
District Designated Funds (DDF)
District 6980
September 12, 2015
DDF Transfer Form – Sending Info
— 12 —
All sections must be completed correctly for transfer request to be processed
District Designated Funds (DDF)
District 6980
September 12, 2015 — 13 —
District Designated Funds (DDF)
District 6980
September 12, 2015 — 14 —
Receiving District and Rotary Club along with the Grant Name or Description are required to be completed correctly for transfer request to be processed.
If Grant # is known please provide.
District Designated Funds (DDF)
District 6980
September 12, 2015 — 15 —
District Designated Funds (DDF)
District 6980
September 12, 2015
DDF Transfer Form - Confirmation
— 16 —
Upon receipt of the completed DDF Transfer Form the DDF Administrator will:- review that the information provided is complete, - verify the transferring club has the requested DDF amount, - update the district DDF Tracking Form, - note on the DDF transfer form “Processed” & - send a copy of the processed DDF form to the submitter and
the Grants Chair.
Processed Confirmation
District Designated Funds (DDF)
District 6980
September 12, 2015
DDF Tracking Form
— 17 —
District Designated Funds (DDF)
District 6980
September 12, 2015
DDF Tracking Form
— 18 —
District Designated Funds (DDF)
District 6980
September 12, 2015
DDF Tracking Form Explained
— 19 —
Your club number
District Designated Funds (DDF)
District 6980
September 12, 2015
DDF Tracking Form Explained
— 20 —
Your club’s Annual Program Fund (APF) contribution year
District Designated Funds (DDF)
District 6980
September 12, 2015
DDF Tracking Form Explained
— 21 —
Your club’s contribution amount to the Annual Program Fund (APF)
District Designated Funds (DDF)
District 6980
September 12, 2015
DDF Tracking Form Explained
— 22 —
Rotary year for this DDF allocation report
District Designated Funds (DDF)
District 6980
September 12, 2015
DDF Tracking Form Explained
— 23 —
Club’s allocated DDF for the designated Rotary year(APF Giving Total x .40 = Allocated)
District Designated Funds (DDF)
District 6980
September 12, 2015
DDF Tracking Form Explained
— 24 —
Club’s current available DDF(Allocated – any DDF transfers (Grants, Polio Plus etc.))
(As of the “Last Update Date)
District Designated Funds (DDF)
District 6980
September 12, 2015
DDF Tracking Form Explained
— 25 —
Date of last DDF Tracking Form update
District Designated Funds (DDF)
District 6980
September 12, 2015
DDF Tracking Form Explained
— 26 —
Tracking for individual clubs
District Designated Funds (DDF)
District 6980
September 12, 2015
DDF
Questions??
— 27 —
District Designated Funds (DDF)
District 6980
September 12, 2015
More Information on DDF
Bob Shydo
407.497.8111
— 28 —
District Designated Funds (DDF)
District 6980
September 12, 2015 — 29 —
District Designated Funds (DDF)
District 6980
September 12, 2015
New Operational Funding Model
A small portion of Endowment Fund spendable earnings provide some funding for operating expenses.
Beginning 1 July 2015, additional sources of funds will be used as needed to pay for the Foundation’s operating expenses.
Five percent of contributions to the Annual Fund will be earmarked for operating expenses or to build the operating reserve to three times annual operating expenses.
— 30 —
District Designated Funds (DDF)
District 6980
September 12, 2015
New Operational Funding Model (cont.)
Five percent of global grant cash contributions will be used to help cover the costs associated with these gifts.
Occasionally, the Foundation receives a large donation (over $500,000) from a corporation or foundation. Up to 10 percent of these gifts will be used to cover our operating expenses.
“This diversifies the Foundation’s sources of funding, making it less reliant on any one source.”
— 31 —
District Designated Funds (DDF)
District 6980
September 12, 2015 — 32 —