|
|
 |
The Rotary Foundation (TRF) Critical Info
|
Important Points
|
- The Rotary Foundation Code of Policies is a compilation that serves as a good referral for policies of The Rotary Foundation.
- Since grants are currently paid out of Rotary Foundation (India), an associate Foundation of The Rotary Foundation of Rotary International, and registered under the Societies Act in India, tax laws require all clubs and districts to maintain and submit detailed and meticulous accounts with original supporting and duly audited. Our office provides the requisite additional reporting formats and certification. These can also be downloaded from The Rotary Foundation (TRF) Download center.
- The clubs/districts will need to submit detailed and meticulous accounts with original supporting, duly audited.
- Ministry of Home Affairs, Government of India, vide its notification dated 1 September 2005, has exempted the Rotary Clubs and Districts in India to register under section 6 of FCRA Act, during the period from 1 April 2005 to 31 March, 2007 subject to conditions and restrictions.
- TRF and RF(I) continue to encourage Rotary Clubs/Districts of India to be registered under FCRA so that their future programs do not suffer.
- Review the Critical Information portion of the Finance Section when making contributions to TRF and use the Contribution Recognition Form (123-EN).
- Please use individualID number (available on the Contribution Recognition Summary (CRS) or the club’s Semi-Annual Report (SAR)). This will help avoid creation of duplicate IDs in the CRS and ensure that your contributions on TRF records are accurate.
- The Rotary Foundation recognizes as a Major Donor any individual who makes an outright or cumulative personal contribution of US$10,000 or more to the Annual Program Fund and/or Permanent Fund.
|
|
