Common use of Non-Profit Organization Clause in Contracts

Non-Profit Organization. Grantee agrees, if it is a non-profit organization, to make their financial statements available online (either on Grantor’s, its own, or another publicly available website). OVC will consider sub-recipient organizations that have Federal 501(c)(3) tax status as in compliance with this requirement, with no further action needed, to the extent that such organization files IRS Form 990 or similar tax document (e.g., 990-EZ), as several sources already provide searchable online databases of such financial statements.

Appears in 4 contracts

Samples: Grant Agreement, Grant Agreement, Inter Governmental Agreement

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Non-Profit Organization. Grantee Xxxxxxx agrees, if it is a non-profit organization, to make their financial statements available online (either on Grantor’s, its own, or another publicly available website). OVC will consider sub-recipient organizations that have Federal 501(c)(3) tax status as in compliance with this requirement, with no further action needed, to the extent that such organization files IRS Form 990 or similar tax document (e.g., 990-EZ), as several sources already provide searchable online databases of such financial statements.

Appears in 2 contracts

Samples: Grant Agreement, Governmental Grant Agreement

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