Grant Funds i. The Sponsor agrees to support the School in its efforts to secure grants by timely processing and submitting all documentation prepared by the School and necessary for the School’s competition for grants and other monetary awards, including, but not limited to, Federal Start-up Grant and Dissemination Grant. ii. The School agrees to comply with the appropriate, policies and procedures for federal and state grants management, which include, but are not limited to:
Grant Funds i. The Sponsor agrees to support the School in its efforts to secure grants by timely processing and submitting all documentation prepared by the School and necessary for the School’s competition for grants and other monetary awards, including, but not limited to, Federal Start-up Grant and Dissemination Grant. ii. The School agrees to comply with the appropriate, policies and procedures for federal and state grants management, which include, but are not limited to: 1) Working with Sponsor, and specifically, the charter school district contact, and the Finance Department to facilitate Sponsor’s approval, where required, for federal and state grants; 2) Submitting a Grant Application, Executive Summary Form and grant description for each such grant processed with the Sponsor’s timeline for School Board approval, when required 3) Submitting monthly FA399 reports with appropriate documentation; 4) Submitting an annual final FA399 within thirty (30) days after the grant period ends; and 5) Retaining all grant files for three (3) years after Sponsor’s audit. iii. With regard to any program or service provided by the Sponsor, which is funded by federal funds that follow an eligible student, the Sponsor agrees that if the same program or service is provided to an eligible student at the same level of service by the School, then upon receipt of adequate documentation from the School, the Sponsor shall transfer to the School the federal funds received by the Sponsor attributable to that student, provided that federal law or regulation does not prohibit such transfer of funds. All current federal funds will be forwarded to the School on an equitable basis. Sponsor will provide the calculation method and support documentation. In the event that the Sponsor must serve as the fiscal agent, and indirect costs are allowable expense of the grant, the School agrees that the Sponsor will be permitted to retain grant funds in an amount equal to the annually negotiated indirect cost rate as determined by the Florida Department of Education. Indirect costs shall be reflected in the budget of the grant application submitted by the School. iv. If the Sponsor develops a District-wide grant, the School may be included in the District proposal in accordance with the school eligibility requirements and grant guidelines within the Request for Proposals. v. When grant proposals are developed by the Sponsor’s staff using student or school counts that include the School’s students, and the...
