Expenditure of Grant Funds. The funds provided may be spent only in accordance with the provisions of Grantee’s funding request and budget as approved. The program and budget are subject to modification only with Grantor’s prior written approval. Questions that may arise about the program’s responsibilities, goals, expected results, and workplan are resolved by reference to these documents. Grantor reserves the right to exercise oversight, in whatever manner it deems suitable with respect to Xxxxxxx’s use of these funds. Grantee shall not engage in any activity on behalf of Grantor that jeopardized Grantor’s status as a nonprofit charity qualified to receive tax-deductible contributions under section 501(c)(3) of the Code. Without limiting the generality of the preceding sentence, Xxxxxxx will not intervene in any election or support or oppose any political party or candidate for public office. Reversion of Grant Funds: Grantee will return to Grantor any unexpended funds at the close of the grant period. Funds also shall be promptly returned: ▪ If Grantor determines that Grantee has not performed in accordance with the Terms of Grant, and approved program and budget. ▪ If Grantee loses its exemption from federal income tax as provided for under section 501(c)(4) of the Code. Reports to Grantor: Grantee will furnish Grantor with monthly written reports addressing all points listed in the following guidelines. These reports will supply sufficient information for Grantor to determine that the grant is being used for the purposes intended and for Grantor to fulfill its own public reporting responsibilities. Progress reports are designed to provide periodic assessments of activities being supported by Grantor. They should be submitted on a monthly basis and should include the following information: ▪ A summary of receipts and expenditures. Each report shall provide an itemized statement of costs incurred by Grantee in performance of this agreement. Reports on other functions performed under this contract shall be submitted from time to time and in a form satisfactory to Grantor. ▪ A description of work conducted by Xxxxxxx during the period in pursuit of the general objectives set forth in the grant proposal. ▪ An evaluation of the impact and results of work undertaken and an assessment of progress that has been made in meeting stated goals. Grantee is encouraged to report not only the positive results of its activities, but also any problems that have arisen along with a description of measures that have or will be put into practice to resolve them. ▪ A description and explanation of any changes in the nature, methodology, and/or objectives of the project as presented in the initial funding proposal. ▪ Grantee shall keep records satisfactory to Grantor related to performance of this Agreement. Grantee shall make all books, ledgers, accounts, files, computer records, and personnel involved in performing functions under this contract available to Grantor or its designated representatives, auditors, or legal counsel to determine compliance with the terms of the contract and applicable law. If this Agreement sets forth Xxxxxxx’s understanding of the terms of this grant, please indicated agreement to such terms by having the enclosed copy of this letter countersigned by an appropriate officer of the organization and returned to Grantor. It is also understood that by countersigning this letter Grantee confirms that there has been no change in its qualification as an organization exempt from income tax pursuant to section 501(c)(4) of the Code. If any change in classification occurs, Grantee must notify Grantor immediately. For Grantee: For Grantor: (Signature of Authorized Representative) (Signature of Authorized Representative) (Name and Title) (Name and Title)
Appears in 1 contract
Samples: Sample Grant Agreement
Expenditure of Grant Funds. The funds provided may be spent only in accordance with the provisions of Grantee’s funding request and budget as approvedapproved by MAFA and as reflected in the total amount of grant specified above. The program of activity funded by this grant and its budget are subject to modification only with Grantor’s prior written approval. Questions that may arise about the program’s responsibilities, goals, expected results, and workplan are resolved by reference to these documents. Grantor reserves the right to exercise oversight, in whatever manner it deems suitable oversight with respect to XxxxxxxGrantee’s use of these funds, for example, by visiting to observe work in progress. Grantee shall not engage in use any activity of the Grant funds: (a) to carry on behalf propaganda, or otherwise attempt to influence legislation; (b) to influence the outcome of Grantor that jeopardized Grantor’s status as a nonprofit charity qualified any specific public election or to receive tax-deductible contributions under section 501(c)(3carry on, directly or indirectly, any voter registration drive; (c) for any grant to an individual for travel, study or other similar purposes by the individual (unless the grant satisfies the requirements of § 4945(g) of the Code. Without limiting the generality of the preceding sentence), Xxxxxxx will or for a grant to any other organization; or (d) for any purpose that is not intervene in any election religious, charitable, scientific, literary, or support or oppose any political party or candidate for public officeeducational. Reversion of Grant Funds: Grantee will return to Grantor any unexpended unexpended/unallocated funds at the close of the grant period. Funds also shall be promptly returned: ▪ If returned if Grantor determines that Grantee has not performed in accordance with the Terms terms of Grant, this Grant Agreement and the approved program and budget. ▪ If Grantee loses its exemption from federal income tax as provided for under section 501(c)(4) of the Code. Reports to Grantor: Grantee will furnish Grantor with monthly two written reports addressing all points listed in the following guidelines(an interim and a final report). These reports will supply sufficient information for to enable the Grantor to determine that the grant Grant is being used for the purposes intended and for Grantor to fulfill its own public reporting responsibilities. Progress reports are designed to provide periodic assessments of activities being supported by Grantor. They should be submitted on a monthly basis and should include the following information: ▪ Specifically, • A summary of receipts and expendituresexpenditures together with copies of receipts for major expenses • (in the final report) a description of the work completed, with photographs or other appropriate supporting evidence. Each report Grantee agrees to defend and hold harmless Grantor and its officers, employees, and volunteers from and against any claim, including the expenses of investigation and defense of such claim, arising out of or in any way connected with this Grant or the expenditure of grant funds. Grantee agrees to comply with Executive Order 13224 of September 23, 2001 Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism; and with U.S. Federal law, embargoes and trade sanctions regulating international transactions, unless a court of competent jurisdiction has adjudged such prohibitions invalid. The USA Patriot Act of 2001 and other federal laws and regulations and executive orders administered by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) prohibit, among other things, the engagement in transactions with, and the provision of services to, certain foreign countries, territories, entities and individuals. Grantee warrants and represents that as of the date of application and continuing through the term of the grant award, none of the following is a country, territory, entity or individual named on the OFAC lists of Sanctioned Countries or Specially Designated Nationals: • Grantee; • any person or entity controlling or controlled by Grantee; • any person or entity having a beneficial interest in Grantee; or • any person or entity for whom Grantee is acting as agent or nominee in connection with this transaction. Grantee understands and agrees that any violation of this paragraph will be grounds for immediate termination of the Grant. This Agreement shall provide an itemized statement be governed by the laws of costs incurred by Grantee in the State of South Carolina, United States of America, without regard to its conflict-of-laws principles. Any actions or proceedings with respect to any matter arising under or growing out of this Agreement or the performance of this agreement. Reports on other functions performed under this contract Agreement shall be submitted from time to time instituted and processed only in a form satisfactory to Grantor. ▪ A description of work conducted by Xxxxxxx during the period in pursuit of the general objectives set forth state or federal courts located in the grant proposalState of South Carolina. ▪ An evaluation of the impact and results of work undertaken and an assessment of progress that has been made in meeting stated goals. Grantee is encouraged Each party specifically consents to report not only the positive results of its activitiesservice of, but also any problems that have arisen along with a description of measures that have or will be put into practice to resolve them. ▪ A description and explanation of any changes in the nature, methodology, and/or objectives of the project as presented in the initial funding proposal. ▪ Grantee shall keep records satisfactory to Grantor related to performance of this Agreement. Grantee shall make all books, ledgers, accounts, files, computer recordsprocess by, and personnel involved in performing functions under this contract available to Grantor or its designated representativesthe jurisdiction of and venue in, auditorsthose courts, or legal counsel to determine compliance with the terms of the contract and applicable lawwaives any inconvenient-forum claims related thereto. If this Agreement sets forth XxxxxxxGrantee’s understanding of the terms of this grantGrant, please indicated indicate agreement to such terms by having returning the enclosed copy copy, within three weeks of receipt of this letter countersigned agreement, signed by an appropriate officer of the organization and returned to Grantor. It is also understood that by countersigning this letter Grantee confirms that there has been no change in its qualification as an organization exempt from income tax pursuant to section 501(c)(4) of the Code. If any change in classification occurs, Grantee must notify Grantor immediatelygrantee organization. For Grantee: For Grantor: (Signature of Authorized Representative) (Signature of Authorized Representative) (Name and Title) (Name and Title)
Appears in 1 contract
Samples: Grant Agreement
Expenditure of Grant Funds. The funds provided may be spent only in accordance with the provisions of Grantee’s funding request and budget as approvedapproved by MAFA and as reflected in the total amount of grant specified above. The program of activity funded by this grant and its budget are subject to modification only with Grantor’s prior written approval. Questions that may arise about the program’s responsibilities, goals, expected results, and workplan are resolved by reference to these documents. Grantor reserves the right to exercise oversight, in whatever manner it deems suitable with respect to XxxxxxxGrantee’s use of these funds. Grantee shall not engage in use any activity of the Grant funds: (a) to carry on behalf propaganda, or otherwise attempt to influence legislation; (b) to influence the outcome of Grantor that jeopardized Grantor’s status as a nonprofit charity qualified any specific public election or to receive tax-deductible contributions under section 501(c)(3carry on, directly or indirectly, any voter registration drive; (c) for any grant to an individual for travel, study or other similar purposes by the individual (unless the grant satisfies the requirements of § 4945(g) of the Code. Without limiting the generality of the preceding sentence), Xxxxxxx will or for a grant to an organization; or (d) for any purpose that is not intervene in any election religious, charitable, scientific, literary, or support or oppose any political party or candidate for public officeeducational. Reversion of Grant Funds: Grantee will return to Grantor any unexpended funds at the close of the grant period. Funds also shall be promptly returned: ▪ If returned if Grantor determines that Grantee has not performed in accordance with the Terms terms of Grant, this Grant Agreement and the approved program and budget. ▪ If Grantee loses its exemption from federal income tax as provided for under section 501(c)(4) of the Code. Reports to Grantor: Grantee will furnish Grantor with monthly quarterly written reports addressing all points listed in the following guidelines. These reports will supply sufficient information for Grantor to determine that the grant Grant is being used for the purposes intended and for Grantor to fulfill its own public reporting responsibilities. Progress reports are designed intended to provide periodic assessments of activities being supported by Grantor. They should be submitted on a monthly quarterly basis and should include the following information: ▪ • A summary of receipts and expenditures. Each report shall provide an itemized statement of costs incurred by Grantee in performance of this agreement. Reports on other functions performed under this contract agreement shall be submitted from time to time and in a form satisfactory to Grantor. ▪ • A description of work conducted by Xxxxxxx Grantee during the period in pursuit of the general objectives set forth in the grant proposal. ▪ • An evaluation of the impact and results of work undertaken and an assessment of progress that has been made in meeting stated goals. Grantee is encouraged to report not only the positive results of its activities, but also any problems that have arisen along with a description of measures that have or will be put into practice to resolve them. ▪ • A description and explanation of any changes in the nature, methodology, and/or objectives of the project as presented in the initial funding proposal. ▪ Grantee shall keep records satisfactory to Grantor related to performance of this Agreementagreement. Grantee shall make all books, ledgers, accounts, files, computer records, and personnel involved in performing functions under this contract available to Grantor or its designated representatives, auditors, or legal counsel to determine compliance with the terms of the contract and applicable law. Grantee agrees to defend and hold harmless Grantor and its officers, employees, and volunteers from and against any claim, including the expenses of investigation and defense of such claim, arising out of or in any way connected with this Grant or the expenditure of grant funds. Grantee agrees to comply with Executive Order 13224 of September 23, 2001 Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism; and with Federal law, embargoes and trade sanctions regulating international transactions, unless a court of competent jurisdiction has adjudged such prohibitions invalid. The USA Patriot Act of 2001 and other federal laws and regulations and executive orders administered by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) prohibit, among other things, the engagement in transactions with, and the provision of services to, certain foreign countries, territories, entities and individuals. Grantee warrants and represents that as of the date of application and continuing through the term of the grant award, none of the following is a country, territory, individual or entity named on the OFAC lists of Sanctioned Countries or Specially Designated Nationals: • Grantee; • any person or entity controlling or controlled by Grantee; • any person or entity having a beneficial interest in Grantee; or • any person or entity for whom Grantee is acting as agent or nominee in connection with this transaction. Grantee understands and agrees that any violation of this paragraph will be grounds for immediate termination of the Grant. This Agreement shall be governed by the laws of the State of South Carolina, United States of America, without regard to its conflict-of-laws principles. Any actions or proceedings with respect to any matter arising under or growing out of this Agreement or the performance of this Agreement shall be instituted and processed only in state or federal courts located in the State of South Carolina. Each party specifically consents to service of, process by, and the jurisdiction of and venue in, those courts, and waives any inconvenient-forum claims related thereto. If this Agreement sets forth XxxxxxxGrantee’s understanding of the terms of this grantGrant, please indicated indicate agreement to such terms by having by returning the enclosed copy copy, within three weeks of receipt of this letter countersigned agreement, signed by an appropriate officer of the organization and returned to Grantor. It is also understood that by countersigning this letter Grantee confirms that there has been no change in its qualification as an organization exempt from income tax pursuant to section 501(c)(4) of the Code. If any change in classification occurs, Grantee must notify Grantor immediatelygrantee organization. For Grantee: For Grantor: (Signature of Authorized Representative) (Signature of Authorized Representative) (Name and Title) (Name and Title)
Appears in 1 contract
Samples: www.mountathosfoundation.org
Expenditure of Grant Funds. The funds provided may be spent only in accordance with the provisions of Grantee’s funding request and budget as approved. The program and budget are subject to modification only with Grantor’s prior written approval. Questions that may arise about the program’s responsibilities, goals, expected results, and workplan are resolved by reference to these documents. Grantor reserves the right to exercise oversight, in whatever manner it deems suitable with respect to XxxxxxxGrantee’s use of these funds. Grantee shall not engage in use any activity of the Grant funds: (a) To carry on behalf propaganda, or otherwise attempt to influence legislation; (b) To influence the outcome of Grantor that jeopardized Grantor’s status as a nonprofit charity qualified any specific public election or to receive tax-deductible contributions under section 501(c)(3carry on, directly or indirectly, any voter registration drive; (c) For any grant to an individual for travel, study or other similar purposes by the individual (unless the grant satisfies the requirements of § 4945(g) of the Code. Without limiting the generality of the preceding sentence), Xxxxxxx will or for a grant to an organization; or (d) For any purpose that is not intervene in any election religious, charitable, scientific, literary, or support or oppose any political party or candidate for public officeeducational. Reversion of Grant Funds: Grantee will return to Grantor any unexpended funds at the close of the grant period. Funds also shall be promptly returned: ▪ If returned if Grantor determines that Grantee has not performed in accordance with the Terms terms of Grant, this Grant Agreement and the approved program and budget. ▪ If Grantee loses its exemption from federal income tax as provided for under section 501(c)(4) of the Code. Reports to Grantor: Grantee will furnish Grantor with monthly quarterly written reports addressing all points listed in the following guidelines. These reports will supply sufficient information for Grantor to determine that the grant Grant is being used for the purposes intended and for Grantor to fulfill its own public reporting responsibilities. Progress reports are designed to provide periodic assessments of activities being supported by Grantor. They should be submitted on a monthly quarterly basis and should include the following information: ▪ § A summary of receipts and expenditures. Each report shall provide an itemized statement of costs incurred by Grantee in performance of this agreement. Reports on other functions performed under this contract agreement shall be submitted from time to time and in a form satisfactory to Grantor. ▪ § A description of work conducted by Xxxxxxx Grantee during the period in pursuit of the general objectives set forth in the grant proposal. ▪ § An evaluation of the impact and results of work undertaken and an assessment of progress that has been made in meeting stated goals. Grantee is encouraged to report not only the positive results of its activities, but also any problems that have arisen along with a description of measures that have or will be put into practice to resolve them. ▪ § A description and explanation of any changes in the nature, methodology, and/or objectives of the project as presented in the initial funding proposal. ▪ § Grantee shall keep records satisfactory to Grantor related to performance of this Agreementagreement. § Grantee shall make all books, ledgers, accounts, files, computer records, and personnel involved in performing functions under this contract available to Grantor or its designated representatives, auditors, or legal counsel to determine compliance with the terms of the contract and applicable law. Grantee agrees to defend and hold harmless Grantor and its officers, employees, and volunteers from and against any claim, including the expenses of investigation and defense of such claim, arising out of or in any way connected with this Grant or the expenditure of grant funds. Grantee agrees to comply with Executive Order 13224 of September 23, 2001 Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism; and with Federal law, embargoes and trade sanctions regulating international transactions, unless a court of competent jurisdiction has adjudged such prohibitions invalid. The USA Patriot Act of 2001 and other federal laws and regulations and executive orders administered by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) prohibit, among other things, the engagement in transactions with, and the provision of services to, certain foreign countries, territories, entities and individuals. Grantee warrants and represents that as of the date of application through the term of the grant award, none of the following is a country, territory, individual or entity named on the OFAC lists of Sanctioned Countries or Specially Designated Nationals: Grantee; any person or entity controlling or controlled by Grantee; any person or entity having a beneficial interest in Grantee; or any person or entity for whom Grantee is acting as agent or nominee in connection with this transaction. Grantee understands and agrees that any violation of this paragraph will be grounds for immediate termination of the Grant. If this Agreement sets forth XxxxxxxGrantee’s understanding of the terms of this grantGrant, please indicated indicate agreement to such terms by having the enclosed copy of this letter countersigned by an appropriate officer of the organization and returned to Grantor. It is also understood that by countersigning Grantor within three weeks of receipt of this letter Grantee confirms that there has been no change in its qualification as an organization exempt from income tax pursuant to section 501(c)(4) of the Code. If any change in classification occurs, Grantee must notify Grantor immediately. For Grantee: For Grantor: (Signature of Authorized Representative) (Signature of Authorized Representative) (Name and Title) (Name and Title)agreement.
Appears in 1 contract
Samples: Grant Agreement
Expenditure of Grant Funds. The funds provided may be spent only in accordance with the provisions of Grantee’s funding request and budget as approvedapproved by MAFA and as reflected in the total amount of grant specified above. The program of activity funded by this grant and its budget are subject to modification only with Grantor’s prior written approval. Questions that may arise about the program’s responsibilities, goals, expected results, and workplan are resolved by reference to these documents. Grantor reserves the right to exercise oversight, in whatever manner it deems suitable oversight with respect to Xxxxxxx’s use of these funds, for example, by visiting to observe work in progress. Grantee shall not engage in use any activity of the Grant funds: (a) to carry on behalf propaganda, or otherwise attempt to influence legislation; (b) to influence the outcome of Grantor that jeopardized Grantor’s status as a nonprofit charity qualified any specific public election or to receive tax-deductible contributions under section 501(c)(3carry on, directly or indirectly, any voter registration drive; (c) for any grant to an individual for travel, study or other similar purposes by the individual (unless the grant satisfies the requirements of § 4945(g) of the Code. Without limiting the generality of the preceding sentence), Xxxxxxx will or for a grant to any other organization; or (d) for any purpose that is not intervene in any election religious, charitable, scientific, literary, or support or oppose any political party or candidate for public officeeducational. Reversion of Grant Funds: Grantee will return to Grantor any unexpended unexpended/unallocated funds at the close of the grant period. Funds also shall be promptly returned: ▪ If returned if Grantor determines that Grantee has not performed in accordance with the Terms terms of Grant, this Grant Agreement and the approved program and budget. ▪ If Grantee loses its exemption from federal income tax as provided for under section 501(c)(4) of the Code. Reports to Grantor: Grantee will furnish Grantor with monthly two written reports addressing all points listed in the following guidelines(an interim and a final report). These reports will supply sufficient information for to enable the Grantor to determine that the grant Grant is being used for the purposes intended and for Grantor to fulfill its own public reporting responsibilities. Progress reports are designed to provide periodic assessments of activities being supported by Grantor. They should be submitted on a monthly basis and should include the following information: ▪ Specifically, • A summary of receipts and expendituresexpenditures together with copies of receipts for major expenses • (in the final report) a description of the work completed, with photographs or other appropriate supporting evidence. Each report Xxxxxxx agrees to defend and hold harmless Grantor and its officers, employees, and volunteers from and against any claim, including the expenses of investigation and defense of such claim, arising out of or in any way connected with this Grant or the expenditure of grant funds. Xxxxxxx agrees to comply with Executive Order 13224 of September 23, 2001 Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism; and with U.S. Federal law, embargoes and trade sanctions regulating international transactions, unless a court of competent jurisdiction has adjudged such prohibitions invalid. The USA Patriot Act of 2001 and other federal laws and regulations and executive orders administered by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) prohibit, among other things, the engagement in transactions with, and the provision of services to, certain foreign countries, territories, entities and individuals. Grantee warrants and represents that as of the date of application and continuing through the term of the grant award, none of the following is a country, territory, entity or individual named on the OFAC lists of Sanctioned Countries or Specially Designated Nationals: • Grantee; • any person or entity controlling or controlled by Grantee; • any person or entity having a beneficial interest in Grantee; or • any person or entity for whom Xxxxxxx is acting as agent or nominee in connection with this transaction. Xxxxxxx understands and agrees that any violation of this paragraph will be grounds for immediate termination of the Grant. This Agreement shall provide an itemized statement be governed by the laws of costs incurred by Grantee in the State of South Carolina, United States of America, without regard to its conflict-of-laws principles. Any actions or proceedings with respect to any matter arising under or growing out of this Agreement or the performance of this agreement. Reports on other functions performed under this contract Agreement shall be submitted from time to time instituted and processed only in a form satisfactory to Grantor. ▪ A description of work conducted by Xxxxxxx during the period in pursuit of the general objectives set forth state or federal courts located in the grant proposalState of South Carolina. ▪ An evaluation of the impact and results of work undertaken and an assessment of progress that has been made in meeting stated goals. Grantee is encouraged Each party specifically consents to report not only the positive results of its activitiesservice of, but also any problems that have arisen along with a description of measures that have or will be put into practice to resolve them. ▪ A description and explanation of any changes in the nature, methodology, and/or objectives of the project as presented in the initial funding proposal. ▪ Grantee shall keep records satisfactory to Grantor related to performance of this Agreement. Grantee shall make all books, ledgers, accounts, files, computer recordsprocess by, and personnel involved in performing functions under this contract available to Grantor or its designated representativesthe jurisdiction of and venue in, auditorsthose courts, or legal counsel to determine compliance with the terms of the contract and applicable lawwaives any inconvenient-forum claims related thereto. If this Agreement sets forth Xxxxxxx’s understanding of the terms of this grantGrant, please indicated indicate agreement to such terms by having returning the enclosed copy copy, within three weeks of receipt of this letter countersigned agreement, signed by an appropriate officer of the organization and returned to Grantor. It is also understood that by countersigning this letter Grantee confirms that there has been no change in its qualification as an organization exempt from income tax pursuant to section 501(c)(4) of the Code. If any change in classification occurs, Grantee must notify Grantor immediatelygrantee organization. For Grantee: For Grantor: (Signature of Authorized Representative) (Signature of Authorized Representative) (Name and Title) (Name and Title)
Appears in 1 contract
Samples: Grant Agreement
Expenditure of Grant Funds. The funds provided may be spent only in accordance with the provisions of Grantee’s funding request and budget as approved. The program and budget are subject to modification only with Grantor’s prior written approval. Questions that may arise about the program’s responsibilities, goals, expected results, and workplan are resolved by reference to these documents. Grantor reserves the right to exercise oversight, in whatever manner it deems suitable suitable, with respect to XxxxxxxGrantee’s use of these funds. Grantee shall not engage in use any activity of the Grant funds: (a) To carry on behalf propaganda, or otherwise attempt to influence legislation; (b) To influence the outcome of Grantor that jeopardized Grantor’s status as a nonprofit charity qualified any specific public election or to receive tax-deductible contributions under section 501(c)(3carry on, directly or indirectly, any voter registration drive; (c) For any grant to another individual for travel, study or other similar purposes by the individual (unless the grant satisfies the requirements of § 4945(g) of the Code. Without limiting the generality of the preceding sentence), Xxxxxxx will or for a grant to an organization; or (d) For any purpose that is not intervene in any election religious, charitable, scientific, literary, or support or oppose any political party or candidate for public officeeducational. Reversion of Grant Funds: Grantee will return to Grantor any unexpended funds at the close of the grant period. Funds also shall be promptly returned: ▪ If returned if Grantor determines that Grantee has not performed in accordance with the Terms terms of Grant, this Grant Agreement and the approved program and budget. ▪ If Grantee loses its exemption from federal income tax as provided for under section 501(c)(4) of the Code. Reports to Grantor: Grantee will furnish Grantor periodically with monthly written reports addressing all points listed in the following guidelinesprogress reports. These reports will supply sufficient information for Grantor to determine that the grant Grant is being used for the purposes intended and for Grantor to fulfill its own public reporting responsibilities. , addressing all points listed in the following general guidelines: Guidelines for Reports to Grantor: Progress reports are designed to provide periodic assessments of activities being supported by Grantor. They should be submitted on a monthly basis quarterly basis, or, in the case of travel grants, on a schedule agreed between grantor and grantee, and should include the following information: ▪ • A summary of receipts and expenditures. Each report shall provide an itemized statement of costs incurred by Grantee in performance of this agreement. Reports on other functions performed under this contract agreement shall be submitted from time to time and in a form satisfactory to Grantor. ▪ • A description of work conducted by Xxxxxxx Grantee during the reporting period in pursuit of the general objectives set forth in the grant proposal. ▪ An evaluation of the impact and results of work undertaken and an assessment of progress that has been made in meeting stated goals. Grantee is encouraged to report not only the positive results of its activities, but also any problems that have arisen along with a description of measures that have or will be put into practice to resolve them. ▪ A description and explanation of any changes in the nature, methodology, and/or objectives of the project as presented in the initial funding proposal. ▪ • Grantee shall keep records satisfactory to Grantor related to performance of this Agreementagreement. Grantee shall make all books, ledgers, accounts, files, computer records, and personnel involved in performing functions under this contract available to Grantor or its designated representatives, auditors, or legal counsel to determine compliance with the terms of the contract and applicable law. For travel grants, this bulleted point pertains only to travel expenses to be covered by the award. • A final report shall be due at the completion of the Grantee’s project, even if the project is finished less than a quarter after the last quarterly written report. Grantee agrees to defend and hold harmless Grantor and its officers, employees, and volunteers from and against any claim, including the expenses of investigation and defense of such claim, arising out of or in any way connected with this Grant or the expenditure of grant funds. Grantee agrees to comply with Executive Order 13224 of September 23, 2001 Blocking Property and Prohibiting Transactions with Persons Who Commit, Threaten to Commit, or Support Terrorism; and with Federal law, embargoes and trade sanctions regulating international transactions, unless a court of competent jurisdiction has adjudged such prohibitions invalid. The USA Patriot Act of 2001 and other federal laws and regulations and executive orders administered by the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) prohibit, among other things, the engagement in transactions with, and the provision of services to, certain foreign countries, territories, entities and individuals. Grantee warrants and represents that as of the date of application through the term of the grant award, none of the following is a country, territory, individual or entity named on the OFAC lists of Sanctioned Countries or Specially Designated Nationals: Grantee; any person or entity controlling or controlled by Grantee; any person or entity having a beneficial interest in Grantee; or any person or entity for whom Grantee is acting as agent or nominee in connection with this transaction. Grantee understands and agrees that any violation of this paragraph will be grounds for immediate termination of the Grant. If this Agreement sets forth XxxxxxxGrantee’s understanding of the terms of this grantGrant, please indicated indicate agreement to such terms by having the enclosed copy of this letter countersigned by an appropriate officer of the organization and returned to Grantor. It is also understood that by countersigning Grantor within three weeks of receipt of this letter Grantee confirms that there has been no change in its qualification as an organization exempt from income tax pursuant to section 501(c)(4) of the Code. If any change in classification occurs, Grantee must notify Grantor immediatelyagreement. For Grantee: For Grantor: (Signature of Authorized Representative) (Signature of Authorized Representative) (Name and Title) (Name and Title)
Appears in 1 contract
Samples: Grant Agreement
