162482_officers

Revised 8/2016

Build Your Dollars Program

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.

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.

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.

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*

Foundation