Fund Criteria Clause Samples

The Fund Criteria clause defines the specific requirements and standards that a fund must meet to be eligible for a particular investment, partnership, or transaction. This may include minimum asset thresholds, investment strategies, regulatory compliance, or performance benchmarks that the fund must satisfy. By clearly outlining these criteria, the clause ensures that only funds meeting predetermined qualifications are considered, thereby reducing risk and ensuring alignment with the parties' objectives.
Fund Criteria. Upon receipt of the report, the parties shall meet if requested by the Board to do so.
Fund Criteria. Upon receipt of the report, the parties shall meet if requested by the Board to do so. The following rate adjustments listed below reflect the COLA increase at 3.3%, as set out in the 2018- 2022 collective agreement:
Fund Criteria. Grants or loans will be awarded to support community and voluntary groups and to support the non-statutory activities of the Mendip Hills AONB Partnership, including projects, programmes and project staff within the following criteria: ❑ Conservation and enhancement of the landscape Activities could include landscape conservation grants to community groups and, in exceptional circumstances, landowners or land managers ⮚ Conserving and enhancing the special qualities of the Mendip Hills Area of Outstanding Natural Beauty (as identified in the Mendip Hills AONB Management Plan) and the Mendip Hills NCA ⮚ Maintenance and management of natural features including coppicing, tree and hedgerow planting, pond restoration, grassland and wetland management and heathland conservation ⮚ Maintenance and management of historic features including viewpoints, former industrial sites, drystone walls and historic settlements or buildings ⮚ equipment to undertake conservation activities ❑ Promote public understanding and enjoyment of the Mendip Hills Activities could include grants for: ⮚ Education visits and activities ⮚ Information and interpretation projects, eg notice boards, walking leaflets, Web sites, public transport promotion etc ⮚ Outreach projects, eg targeting disadvantaged groups ❑ Support the social and economic well being of the Mendip Hills Activities could include grants or loans to local communities for: ⮚ Enhancing community facilities, eg village halls ⮚ Start up social enterprises, eg farm shops, local food initiatives ⮚ Community enterprises, eg village shops, village play schemes • demonstrate innovation or best practice; • link community, economy, culture and environment; • develop skills and “capacity buildingin the community; • involve young people or older people; • combat social exclusion and promote diversity; • bring organisations and people together to co-operate in tackling problems or promoting new ideas; • encourage links between rural and urban groups; • lever in contributions from other sources; • have little access to alternative public funding; • add value or new dimensions to existing sustainability projects. The criteria can be varied at any time in the future by written agreement between the Mendip Hills AONB Partnership Committee and the Somerset Community Foundation. For example: to add a further area of special concern or to change a priority.
Fund Criteria. 4.1 Grants Grants will be awarded to support community and voluntary groups and the non statutory activities of the Mendip Hills AONB Partnership, including projects, programmes and project staff within the following criteria: • Help deliver the Mendip Hills AONB Management Plan and for rest of Mendip Hills delivers same objectives • Further the purposes of the AONB1; 1 The primary statutory purpose of AONBs is to conserve and enhance natural beauty. There are three related purposes: • Recreation (‘the demand for recreation should be met insofar as it is consistent with the conservation of natural beauty’) • Socio-economic (‘account should be taken of the needs of agriculture, forestry, other rural industries, and the economic and social needs of local communities’) • Promote sustainable development; • Have the demonstrable support or involvement of communities; • Be complementary to key local, regional or national strategies. Grants can cover the costs of some or all of the following: • Practical work; • Feasibility studies or research projects; • Group or partnership development; • Awareness raising and training about sustainability; • Equipment and materials. The scheme particularly welcomes projects that: • demonstrate innovation or best practice; • link community, economy, culture and environment; • develop skills and “capacity buildingin the community; • involve young people; • combat social exclusion and promote diversity; • bring organisations and people together to co-operate in tackling problems or promoting new ideas; • encourage links between rural and urban groups; • lever in contributions from other sources; • have little access to alternative public funding; • add value or new dimensions to existing sustainability projects. Examples of projects could include: • renewable / green energy schemes; • sustainable transport; • environmental building design; • awareness campaigns; • innovative products or initiatives; • community environmental schemes; • recycling schemes; • conservation activities; • promoting local produce. Grants can be used to: • Pump-prime new sustainable development projects which have been unable to find funding from other sources; • Provide match-funding for new sustainable development projects; • Add value to existing sustainable development projects; • Add a sustainable development aspect to existing projects. The criteria can be varied at any time in the future by written agreement between the Mendip Hills AONB Partner...
Fund Criteria. All donations to the Fund shall be used for charitable purposes according to the law of England and Wales. The Fund will award grants to non-profit organisations including social enterprises, charities and voluntary groups operating in the Borough of Guildford to help disadvantaged and vulnerable people to develop their work skills and confidence. The fund will support organisations within the following categories: (a) To establish new social enterprises, including by helping existing organisations transfer to a social enterprise mode; (b) To expand existing social enterprises and to support their development and sustainability; (c) To increase income generation by charities, community and voluntary organisations and to help them to become more sustainable; (d) To support enterprise and entrepreneurship within the third sector, including by facilitating and maximising commercial and contractual opportunities.