Operating Rules

Donations are invested in this mutual fund Shelton Capital Management S&P 500 Index Fund Direct Shares at our brokerage firm Wells Fargo.  We hope Rotarians and their respective Groups (clubs, districts, etc.) and Family and Friends of Rotarians will donate to this fund.

 

Withdrawals from this fund will be used to support projects and services provided by Rotary Clubs in Belize on a case by case basis.  Clubs outside Belize will also be considered if they partner with a club in Belize.  As the fund grows, formal selection criteria will be developed and a grants committee will be created to manage the fund and issue grants.

 

Besides the general rules of Endowment Funds,  A maximum of 25% can be used in the year donations were made to meet urgent needs within the fund's purpose.