Club_Officers_Handbook_2016

Build Your Dollars Program

4. There is one application maximum and one grant maximum per club. The club selects the recipient of the grant. In selecting applicants, clubs should consider financial need, character, scholarship, academic promise, and desire. 5. The $300 from the club will be increased with a grant from the Foundation based on interest and dividend income plus realized capital gains, less expenses of the Foundation as well as all qualified roll over grants from the 2014 program. The remaining funds will be divided equally among all qualified participating clubs. Grants will be rounded to the next lower $5. 6. Foundation staff will mail checks of scholarship award to the club after May. Check will be payable to and mailed to club for presentation to student, upon receipt of the stu‑ dent’s form. Clubs that had already selected their student and sent the school information form to the Foundation Office will begin receiving their checks soon after the Trustees meet in April. Those clubs that had not selected their student must send in the student form before the check can be mailed to the club. The Build Your Dollars Program money from clubs are to be recognized as Deposits and Recorded as Liabilities on the Foundation Books and will not be counted as funds in any fund account.

Foundation Build Your Dollars Grants are a great way to increase your club’s support of higher education. All club checks may be submitted from beginning of the year until ending date of October 1 (postmarked on or before). 1. Participating clubs must send a club check for $300 to the Foundation earmarked for the BY$ program post‑ marked on or before October 1 for the club to be eligible. Ruritan National Foundation will notify the participating clubs after receiving the club check confirming the club is in the program. Please provide a name and physical address of the preferred club officer to receive the Build Your Dollars confirmation and club coded application. A student form and a cover letter form for the club will be mailed to the participating club by early February. 2. Applicant will complete the club coded application in its entirety, including the student form by the student or parent that has been selected to receive the scholarship and submit to the Foundation byApril 1. Application may be submitted by the club and/or student. The club will be given options for the $300 contribution if application is not received by April 1, in its entirety, with cover letter (form provided with application). If not received by April 1 options are (1) request $300 refund returned to club (2) carry-over for one year Build Your Dollars program (3) leave as a donation to Ruritan National Foundation. 3. SPECIAL NOTE: STARTING WITH THE 2012/2013 BUILD YOUR DOLLAR PROGRAM THE 45 DAY EX- TENSION WILL NO LONGER BE AVAILABLE HOW- EVER THE CLUB MAY SEND IN THE APPLICATION WITH STATEMENT SAYING THAT STUDENT TO BE ANNOUNCED AT LATER TIME.

Foundation

Operation We Care Operation We Care provides aid to victims of situations officially declared disasters by the state and federal governments. When a disaster strikes the Ruritan District Governor or designee is responsible for surveying the damage and determining if OWC assistance is needed. Requests for help are reviewed by the Foundation with assistance determined by the need and available funds. All donations will be maintained in an OWC fund until disaster relief is requested. *Not a First Responder*

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Revised 8/2016