Common use of Grant Purpose Clause in Contracts

Grant Purpose. The purpose of this program is to create an endowment matching funds program that will provide programming resources to participating cultural organizations. The Organization shall perform the following Scope of Work: Each participating organization shall establish a cultural endowment program fund that the organization shall administer and invest. The interest generated on the invested corpus shall be used for the programming expenses incurred by the participating organization. The Organization agrees to provide the following Deliverables and Performance Measures related to the Scope of Work for payments to be awarded. Payment 1: The payment will be a fixed price lump sum in the amount of $240,000. The items in Section 4 of the Agreement (“Required Information Needed with Return of Signed Agreement”) must be submitted prior to release of this payment.

Grant Purpose. The purpose of this program is to create an endowment matching funds program that will provide programming resources to participating cultural organizations. . a) The Organization shall perform the following Scope of Work: Each participating organization shall establish a cultural endowment program fund that the organization shall administer and invest. The interest generated on the invested corpus shall be used for the programming expenses incurred by the participating organization. . b) The Organization agrees to provide the following Deliverables and Performance Measures related to the Scope of Work for payments to be awarded. Payment 1: ▪ The payment will be a fixed price lump sum in the amount of $240,000. The items in Section 4 of the Agreement (“Required Information Needed with Return of Signed Agreement”) must be submitted prior to release of this payment.

Grant Purpose. The purpose of this program is to create an endowment matching funds program that will provide programming operating resources to participating cultural organizations. The Organization shall perform the following Scope of Work: Each participating organization shall establish a cultural endowment program fund that the organization shall administer and invest. The interest generated on the invested corpus shall be used for the programming day-to-day expenses incurred by the participating organizationorganization while engaged in programs directly related to cultural activities. The Organization agrees to provide the following Deliverables and Performance Measures related to the Scope of Work for payments to be awarded. Payment 1: The payment will be a fixed price lump sum in the amount of $240,000. The items in Section 4 of the Agreement (“Required Information Needed with Return of Signed Agreement”) must be submitted prior to release of this payment.

Grant Purpose. The purpose of this program is to create an endowment matching funds program that will provide programming resources to participating cultural organizations. . a) The Organization shall perform the following Scope of Work: Each participating organization shall establish a cultural endowment program fund that the organization shall administer and invest. The interest generated on the invested corpus shall be used for the programming expenses incurred by the participating organization. . b) The Organization agrees to provide the following Deliverables and Performance Measures related to the Scope of Work for payments to be awarded. Payment 1:  The payment will be a fixed price lump sum in the amount of $240,000. The items in Section 4 of the Agreement (“Required Information Needed with Return of Signed Agreement”) must be submitted prior to release of this payment.