The Georgia Rotary Student Program

Finance From a first budget of $4,000, GRSP funding has grown to over $500,000 annually. All funds are furnished by Rotarians. Nearly 30% comes from an annual per capita contribution from each Georgia Rotarian. The remaining 70% comes from club contributions which range from under $1,000 to over $8,000 annually; clubs making these contributions become sponsors or co-sponsors of selected students. Because the Program is completely operated by the Trustees, overhead expenses are nominal, covering printing, postage and the like. No salaries, expenses, or travel allowances are paid to the Trustees or the officers. The Trustees employ a paid professional administrator and an administrative assistant to manage the day-to-day operations of the Program. In 1983, a GRSP Endowment Fund was established. This visionary action to ensure a sound financial foundation for the 21st century. Only earnings of the Fund are used to support the Program. Contributions are made by individuals, clubs, foundations, busine sses, and as memorials to individuals. The following levels of giving to the GRSP Endowment Fund are:  NAMED SCHOLARSHIP - $100,000  NAMED FUND - $10,000 to $100,000 Recognized with a fund named for the contributor or an individual designated by the contributor. Used to honor outstanding Rotarians.  KENDALL WEISINGER FELLOW - $5,000 to $10,000 Special designation for the late Atlanta Rotarian's efforts on behalf of international student scholarships.  HUE THOMAS FELLOW - $2,500 to 5,000 Special designation honoring the late GRSP Chairman who guided the Program through 35 years of growth.  WILL WATT FELLOW - $1,000 to 2,500 Special designation honoring the founder of the Georgia Rotary Student Program.  GOVERNOR'S ASSOCIATE - $500 to $1,000 (All gifts are accumulative)  SUSTAINING MEMBER - $100 to $499  FRIEND OF GRSP - Less than $100 In 1989, the Trustees created a separate board of Endowment Trustees, equally representing each of the three districts. Working with a representative of each club, they are responsible for establishing a financial support system that will continue the Pro gram's growth into the next century. A campaign was launched during the 1990-1991 Rotary year to increase the Endowment Fund to $5,000,000 by the 50th Anniversary of GRSP in 1996.

***Text adapted from the "Student Handbook", written by Mr. and Mrs. Knestrick"

For more information contact the Georgia Rotary Student Program at

P.O.Box 61327 Savannah, GA 31420 Tel.:(912)961-1331 Fax.:(912)961-1860

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