Grants and Donations Clause Samples
The "Grants and Donations" clause defines the terms under which a party may provide or receive financial or in-kind contributions that are not in exchange for goods or services. It typically outlines the permissible purposes for such funds, any restrictions on their use, and reporting or compliance requirements that must be met by the recipient. This clause ensures transparency and accountability in the handling of grants and donations, helping to prevent misuse and clarify the obligations of both the donor and recipient.
Grants and Donations. The local board may solicit and accept grants and donations from sources other than Federal funds made available under this Act. TAX-EXEMPT STATUS.—For purposes of carrying out duties under this Act, local boards may incorporate, and may operate as entities described in section 501(c)(3) of the Internal Revenue Code of 1986 that are exempt from taxation under section 501(a) of such Code.
Grants and Donations. On behalf of the Program, K12 may solicit and receive grants and donations from public funds through competitive or non-competitive processes, and private sources consistent with the Program’s objectives; provided, however, that any solicitation of such grants and donations by K12 will be subject to the approval of the School and such fund shall be used as designated.
Grants and Donations. The Local Workforce Development Board may solicit and accept grants and donations from sources other than Federal funds made available under WIOA. Tax Exempt Status: For purposes of carrying out duties under WIOA, Local Workforce Development Boards may incorporate, and may operate as entities described in section 501(c)(3) of the Internal Revenue Code of 1986 that are exempt from taxation under section 501(a) of such code.
Grants and Donations. The WIB may solicit and accept grants and donations from sources other than Federal funds made available under this Act.
Grants and Donations. The Local Board may solicit and accept grants and donations from sources other than Federal funds made available under this Act.
Grants and Donations