Common use of Financials and Financial Narrative Clause in Contracts

Financials and Financial Narrative. Complete the financial information appropriate to the type of award received: a) For general operating support, provide an actual income and expense statement relative to the organizational budget (budget vs. actual) for both years of funding. Please explain any significant changes to your organization’s financial position. b) For a project award, provide an actual income and expense statement relative to the project budget (budget vs. actual) for the both years of funding. Please explain any changes and variances.

Appears in 21 contracts

Samples: Cultural Funding Agreement, Cultural Funding Agreement, Cultural Funding Agreement

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Financials and Financial Narrative. Complete the financial information appropriate to the type of award received: a) For general operating support, provide an actual income and expense statement relative to the organizational budget (budget vs. actual) for both years the first year of funding. Please explain any significant changes to your organization’s financial position. b) For a project award, provide an actual income and expense statement relative to the project budget (budget vs. actual) for the both years of funding. Please explain any changes and variances.

Appears in 2 contracts

Samples: Cultural Funding Agreement, Cultural Funding Agreement

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