Grantmaking Sample Clauses
The Grantmaking clause defines the terms and conditions under which an organization provides funds or resources to another party, typically for charitable, research, or project-based purposes. It outlines the eligibility criteria, application process, and reporting requirements that recipients must follow to receive and use the grant. By establishing clear guidelines and expectations, this clause ensures that grants are distributed fairly and used appropriately, thereby promoting transparency and accountability in the allocation of funds.
Grantmaking. The Donor may periodically submit recommendations regarding grants to be made from the Fund. Each recommendation will be given careful thought and attention, however, it is understood that the Foundation’s Board of Trustees (hereinafter “Board”) retains final authority over all grants and distributions made by the Foundation. Grants from the Fund will be made only to organizations which are qualified public charities and government entities with United States affiliation under Section 501(c)(3) of the Code at the time the grant is made. International grants approved by the Foundation can be made after exercising expenditure responsibility or other required procedures and additional fees may apply. Grantmaking Restrictions - Each recommendation by the Donor will be evaluated independently by the Foundation’s staff to determine if the recommendations are consistent with the purposes of the Foundation and meet the needs of the community as identified by the Board. Grants from the Fund will not be made if the grant will produce more than an incidental benefit to the Donor. Benefits include the payment of pledges, event tickets, meals, sponsorships, registration fees, discounted merchandise, preferred parking and/or seating and memberships unless the membership confers nothing of value. Fundraising Policy - A Donor is permitted to raise money for their Fund. Use of the Foundation’s name on any fundraising material is expressly prohibited without prior approval. The Foundation cannot reimburse the Donor or related parties for expenses related to fundraising activities. All contributions raised in support of the Fund must be made payable to The Miami Foundation with the name of the Fund in the memo line. The Foundation is not responsible for the success of fundraising activities. Inactive Funds - A Fund is deemed inactive if one of the following applies: (1) The Donor dies or resigns or evidence of his or her incapacity is provided to the Foundation, and if no successor advisor has been named, (2) All named successor advisors are unable or unwilling to serve as such, (3) No recommendations are made with respect to grants from the Fund for a period of two years and, during such period, the advisor or successor advisor does not reply to the Foundation’s attempts to contact them. If the Fund becomes inactive, the Foundation will designate the remaining balance of the account to a charitable cause in Greater Miami.
Grantmaking. The Project Team researched numerous regional, state, and federal grant opportunities that would support land acquisition, watershed restoration and preservation, community forests, and water source protections. Due to our focus on land acquisition, two promising candidates emerged: the Land Acquisition Grant Program (Oregon Watershed Enhancement Board [OWEB]) and USDA Community Forest Grant Program. However, given the ultimate goal (expansion of the Cape ▇▇▇▇▇▇ Wildlife Refuge through purchase of the properties), we did not pursue these opportunities as purchase of the Seller’s property using either grant would have precluded purchase by the Refuge. In March 2023 Yellow Book (highest standard) appraisals were completed for the forest property and the residential lots. The total value of both was approximately $500,000. Research revealed that no foundation, local, state or federal government agency or conservation organization, including TCF and the Refuge, would pay more than the Yellow Book appraised value for the properties. On March 4, 2023 the Project Team presented a report to the community regarding the status of the project including the results of the appraisals and the results of the Habitat Assessment. (This assessment and a summary of the March 4 presentation is available on the CMCA website at ▇▇▇▇▇▇▇▇▇▇.▇▇▇).
Grantmaking. Grant recipients will be advised of the Fund name when grants are issued from the Fund, unless indicated otherwise below. Please note that anonymity may always be requested in writing, on a grant by grant basis.
r I request that all grants from the Fund are anonymous.
Grantmaking. Each grant made from an advised fund is mailed with a custom grant award letter. Specify below how you would like the name(s) of the Fund Advisor(s) to appear in the custom grant award letter:
Grantmaking. The Community Foundation’s grantmaking guidelines shall address the grantmaking activities of the geographic affiliate fund.
Grantmaking. The concept of a giving circle is based on collective philanthropy and democratic decision making. The Formation Committee will survey members’ charitable interests, seek and review proposals and present finalists to the full membership for consideration of funding. No proposal will receive funding without a majority vote from the membership. It is expected that all members: respond to surveys on funding opportunities. stay informed and provide feedback. inform themselves before casting votes. adhere to CFGF’s conflict of interest policy. cast a vote for the grant recipients. In order to have 100% of members’ contributions be available for grantmaking, CFGF has established a companion endowment fund, the purpose of which is to generate annual revenue that supports the operations of the Gen Forward
Grantmaking. The Donor may periodically submit recommendations regarding grants to be made from the Fund. Each recommendation will be given careful thought and attention, however, it is understood that the Foundation’s Board of Trustees (hereinafter “Board”) retains final authority over all grants and distributions made by the Foundation. Grants from the Fund will be made only to organizations which are qualified public charities and government entities with United States affiliation under Section 501(c)(3) of the Code at the time the grant is made. International grants approved by the Foundation can be made after exercising expenditure responsibility or other required procedures. NOTE: additional fees may apply. Grantmaking Restrictions - Each recommendation by the Donor will be evaluated independently by the Foundation’s staff to determine if the recommendations are consistent with the purposes of the Foundation and meet the needs of the community as identified by the Board. Grants from the Fund will not be made if the grant will produce more than an incidental benefit to the Donor. Benefits include the payment of pledges, event tickets, meals, sponsorships, registration fees, discounted merchandise, preferred parking and/or seating and memberships unless the membership confers nothing of value. Fundraising Policy - The Donor is permitted to raise money for their Fund. Use of the Foundation’s name on any fundraising material is expressly prohibited without prior approval. The Foundation cannot reimburse the Donor or related parties for expenses related to fundraising activities. All contributions raised in support of the Fund must be made payable to "The Miami Foundation" with the name of the Fund in the memo line. The Foundation is not responsible for the production and/or success of fundraising activities.