| When can I start in
the R.E.W.A.R.D.S. Program?
Students
and sponsors may enter the program at anytime of the year. The only difference
is the starting sponsorship rate, which is described in a later question.
Read over the website and then complete the secure online application.
Links are in the bottom menu of most pages in this website.
What is the parent's
or guardian's role in the R.E.W.A.R.D.S. Program?
Parents
are expected to go through the information pack with their child, and
discuss the commitment they are making. Parents will also need to work
with their children to find sponsors. The Foundation recommends that
parents sit down with their child for a monthly talk. Topics in the Life-Skills
Program may provide a good starting point for these discussions.
What is the Life-Skills
program?
The R.E.W.A.R.D.S. Life Skills Program
will provide information on a variety of topics that contribute to success
in life, such as communication skills, career planning, goal setting,
and money management among other topics. This program will be developed
in collaboration with the students in the program, so it will be of interest
to THEM!. How
does R.E.W.A.R.D.S. know if a participant is smoking?
As
a condition of being in the program, students will take a Carbon Monoxide
(CO) breathalyzer test about once a year. The test is sensitive enough
to distinguish between first and secondhand smoke. If a CO test shows
smoking, we will advise you of the process for getting back into good
standing. Participants can earn credits by doing community service hours,
writing a report on their experience, and having four consecutive clean
CO tests. R.E.W.A.R.D.S. may also increase the frequency of CO testing
and randomly select students to take the test. Tests are simple and quick
and will be conducted at a location in the student's community. How
does the sponsorship part of the R.E.W.A.R.D.S. Program work? [more
info for sponsors] Students
sign up then find sponsors willing to support them in their decision
to stay in school and to not smoke. We ask sponsors to commit for at
least one year.
Students
and sponsor may enter the program at any time.
Students
need to maintain the level of sponsorship for the duration of the program,
until graduation. You can have more or less than 4 sponsor if the total
amount of ssponsorship is met. We encourage sponsors to commit to more
than one year, and to ask existing sponsors to renew their pledge at
the end of each year. Participants will find getting renewals relatively
easy as sponsors have become used to their financial commitment. Sponsors
will be committed to the child's success and will continue to support
the child to completion.
How
does a student qualify for their cash reward? Stay
in school, keep 4 sponsorships and don't smoke. That's it. To
accommodate variations in how life plays out for different people, we
will use a credit system to determine eligibility for the REWARD. The
students must accumulate enough credits to qualify for their REWARD.
This allows for flexibility in how students earn their credits.
Credits
are given for each sponsorship payment in their name received by the
Foundation, for each successful carbon monoxide test, and for graduating
high school. Where
does the money from sponsors go?
Sponsorship
funds are deposited into the Foundation bank account. Money is set aside
to fund a reward for each successful participant. The balance is used
to fund the Life-Skills Program, Carbon Monoxide (CO) testing, and program
administration. Any funds remaining after essential program costs are
funded are redirected to program expansion, and to subsidize disadvantaged
youth. How
does the Foundation guarantee the $5,000 reward will be there?
A
portion of all sponsor funds is set aside as funds are received, and
placed in a managed trust. These funds may not be used for other purposes,
thus guaranteeing the reward for each successful participant. The organization
is run by a board of directors, is audited annually and our financial
statements are posted for all to see.
All
funds are managed by an independent investment management company and
for an organization this public and important, it will be managed by
a company that has decades of experience, success and credibility. No
one can predict market volatility, therefore there is no fund manager
that can offer 100% guarantees on anything. We are fortunate that our
fund is a long term fund and traditionally markets advance over time,
so there is more predictability for long term investments. Our financial
projections are based conservatively on only a 4% return per year. Most
NGOs invest their funds in this way and are regulated by Government.
What
happens if participants do not find enough sponsors?
R.E.W.A.R.D.S.™
will work with participants and their parents to ensure they have the
skills to find sponsors. Disadvantaged participants who are unable to
find enough sponsors may be eligible for limited subsidies, provided
they meet strict eligibility criteria. Other participants may be eligible
for a reduced reward amount. Participants who do not demonstrate a reasonable
effort at securing sponsors may be declined participation in the program.
Final decisions on participation are at the sole discretion of the R.E.W.A.R.D.S.™
Foundation. Why
should participants find more sponsors than they need?
Funds
from extra sponsors will be used to fund program expansion and to subsidize
disadvantaged participants who are unable to find enough sponsors.
Do sponsors get
a tax receipt?
No
- we are not registered as a charitable organization.
What happens if
a sponsor stops making donations or leaves the program?
R.E.W.A.R.D.S.
will encourage sponsors to fulfill their commitment, and will provide
reminders if monthly donations are overdue. If a sponsor still decides
to withdraw, the student is responsible for finding a new sponsor.
What happens if
a student takes a leave, drops out of school or is suspended?
If
a student takes a leave of absence from school (for any reason), then
re-enrolls in school within one calendar year, they will be allowed to
continue in the R.E.W.A.R.D.S. Program. Sponsorship donations will need
to be caught up. Participants who drop out, or are suspended, may be
required to write a report or proposal in order to be reinstated in the
program. If a participant is out of school for longer than one calendar
year, they will be deemed to have withdrawn from the program and will
not be eligible for a reward. Credits for the funds donated by sponsors
of that student will be reallocated to students in need.
|