MUM business professor, Dr. Andrew Bargerstock, and MBA graduate and current CFO at Maharishi Ayurvedic Products, Naya Raj Baral, participated in a successful grant application (#75577) to The Rotary Foundation to support the drilling of a water-well for a community of 10,000 people at the base of the Himalayas in Chitwan Province of Nepal. The grant, awarded on November 28, 2011 in the amount of $45,706, will cover the costs of one borehole well, pumps, 400,000-liter reservoir tank, and training on the use and maintenance of the water system for the Jaluke Community in Gaidakot, Navalparasi, Lumbini Zone, Nepal.
Naya Raj Baral is a current member of Rotary Club of Fairfield and former member of Rotary Club Narayani Mid Town that meets just two miles from the site of this project. During a Nepal trip to visit family and friends in Spring, 2011, Naya learned about this project that had been presented by a local engineer to the Nepal Rotary Club. When he returned to Fairfield, Naya contacted fellow Rotarian, Andrew Bargerstock, who is the Director of the International Service Committee for Fairfield’s Rotary Club. With approval from the local Rotary Club Board of Directors, a team was formed to develop the application and raise financial support from regional Rotary Clubs. The application was filed in early August with the Rotary Club of Narayani Mid Town as Host Co-sponsor and The Rotary Club of Fairfield as International Co-sponsor. Since then, the Rotary Club of Fairfield and thirteen additional Iowa Rotary Clubs or their members have contributed more than $16,000, exceeding the Iowa financial match required by the grant application process.
About this project, Dr. Bargerstock says, “Rotary is about relationship building and this project displays this core principle of our international service organization. The successful grant application emerged from the collaboration of Rotary Clubs in Nepal and Iowa. Naya’s background as a chartered accountant and CPA and his relationships with people in Nepal were critical for building credibility. Another Rotarian, Professor Douglas Flournoy of Indian Hills Community College, was a key person in guiding the grant application process. Another MUM graduate, Beth Alonso, also participated in the grant application process. Additionally, our local Rotary Club’s past success with international service projects facilitated the involvement of Rotary Clubs from across Iowa in raising the required matching funds. And now, the successful roll-out of the project will be guided by all these relationships.”
Projects that seek funding in excess of $25,000 from The Rotary Foundation are judged on a competitive basis. On an annual basis, only 20-30 such projects receive this degree of funding. With additional matching formulas built into the grant application, the total project will generate more than $122,000.