ROTARY CLUB OF ORLANDO FOUNDATION, INC.
STATEMENT OF GIVING
Revised: Feb 18, 2025
The Rotary Club of Orlando Foundation, Inc. (the "Foundation") has promulgated this Statement of Giving for the purpose of complying with its Articles of Incorporation and Bylaws in connection with making financial awards to applicants for funding their activities.
Specifically, the purposes for which the Foundation was organized, as stated in Article Il of the Articles of Incorporation, are to provide:
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"Scholarship aid to local students"
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"Health care aid"
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"Relief from hunger and poverty" and
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"Humanitarian aid to the needy in any area"
And to operate exclusively for:
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"Religious, charitable, scientific, literary, or education purposes" or for "The prevention of cruelty to children or animals," including making awards to 501(c)(3) organizations exempt from taxation.
The Foundation's contributions to others shall be limited by Article XI of the Articles of Incorporation. Examples of these limitations are:
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No part of the net earnings of the Foundation shall be incurred to the benefit of any member, officer, or director of the Foundation, or to any private individual (except in payment for services rendered for the benefit of the Foundation), No member, officer, director of the Foundation, and no private individual, may share in the distribution of any of the Foundation's assets on dissolution of the Foundation,
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No substantial part of the activities of the Foundation shall be to execute propaganda, or to attempt to influence legislation, or to participate in any political campaign, and
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Self-dealing by the Foundation is prohibited.
Accordingly, the Awards Committee may only recommend to the Board of Directors of the Foundation, and the Foundation's Board of Directors may only make awards of financial assistance that comply with these purposes of the Foundation, and which are not prohibited by the Articles of Incorporation of the Foundation.
Because the funds that the Foundation may award each fiscal year are affected by the market and are limited, worthy applicants might be denied. If so, applicants are welcome to re-apply in the following fiscal year (July - June) of the Foundation.
In addition, all applicants for financial awards or grants must comply with the following Guidelines.
If you have questions regarding these guidelines or the application, contact Tammy Wacker at admin@orlandorotary.org or (407) 603-5098 for further guidance.
PLEASE READ THE FOLLOWING GUIDELINES CAREFULLY:
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If an organization, the Applicant must be registered as a not-for-profit corporation pursuant to Chapter 617, Florida Statutes and approved as a tax-exempt organization as defined in s 501 (c) (3) of the Internal Revenue Code.
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Direct financial awards to individuals will not be considered, except in the case of scholarship aid to worthy students.
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The Applicant should primarily fulfill its purpose in Orange, Seminole, and Osceola Counties.
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Due to limited available funds and the number of applicants annually, Applicants who have received Rotary Club of Orlando Foundation funds within the past three years (five years for capital projects or improvements) may be subordinated to other Applicants.
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An Applicant may submit only one application between July 1 and June 30.
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The Foundation will not consider a grant for long-term improvements where a short-term lease is involved.
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Applicants agree to provide, if requested, access to representatives from the Rotary Club of Orlando Foundation for a site visit and/or a meeting with representatives of the Applicant to present and discuss the application.
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Responses are required for each question on the application. Please confine responses to the spaces indicated in the application. Do not reformat the Application form.
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Should Applicant receive adequate funds from other sources prior to an award from Rotary Club of Orlando Foundation, Applicant agrees to notify the Foundation and withdraw their application.
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Rotary reserves the right to make either an outright gift or to condition its grant on a reimbursement basis.
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The Applicant agrees to provide to the Rotary Club of Orlando Foundation, upon request financial information to verify funds were spent in accordance with purposes specified in the application. If it is determined by Rotary Club of Orlando Foundation that the funds were spent contrary to the purposes outlined in the application, the Applicant agrees to refund Rotary Club of Orlando Foundation the full amount of the grant award immediately upon demand.
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Preference will be given to local organizations that are not substantially funded by other organizations.
The following documentation is required and should be attached to this application:
1. Brief Proposal to include the following: *
• The community’s need for and importance of the project
• The objective and plan for addressing the need.
• Applicant’s qualifications and record
• Volunteer involvement
• Rotary Club of Orlando member involvement if any
2. A one-page budget for the total project and the amount requested with justification. *
3. A list of current Board of Directors and Officers*
4. Copies of your most recent audited financial statements (if audited financials are not available, provide signed unaudited financials) *
5. Current operating budget*
6. Provide IRS Form 990 with application.
The Applicant understands that the Guidelines apply both to the grant process and to the grant and agrees to abide by and adhere to those Guidelines. As the organizations' authorizing official, I certify that the information contained in this application is true and correct.
*These requirements can be met with a link to applicants' website, other internet locations or through printed marketing materials.