Common use of GRANTS FROM OTHER IEEE FOUNDATION MANAGED FUNDS Clause in Contracts

GRANTS FROM OTHER IEEE FOUNDATION MANAGED FUNDS. The Foundation manages a number of Funds that have a broadly defined purpose. Examples include, but are not limited to, the IEEE History Center Fund, IEEE-USA Fund, and IEEE Electron Devices Mission Fund. Disbursements from these Funds shall be made in the form of grants. Grant recipients shall be in accordance with Policy 5.3. On behalf of the Foundation, the IEEE Organizational Unit that has been delegated expenditure authority for the fund consistent with Policy 3.3.E shall:  Solicit and select the programs and projects to be supported,  Issue formal grant agreements based on the Foundation approved template that restricts the use of the grants funds to the project that has been determined to further the scientific and educational purposes of IEEE and requires project reporting  Oversee the successful completion of the funded activities  Provide reports to the Foundation Board of Directors The IEEE OU must also comply with Policy 5.2.

GRANTS FROM OTHER IEEE FOUNDATION MANAGED FUNDS. The Foundation manages a number of Funds that have a broadly defined purpose. Examples include, but are not limited to, the IEEE History Center Fund, IEEE-USA Fund, and IEEE Electron Devices Mission Fund. Disbursements from these Funds shall be made in the form of grants. Grant recipients shall be in accordance with Policy 5.3. On behalf of the Foundation, the IEEE Organizational Unit that has been delegated expenditure authority for the fund consistent with Policy 3.3.E shall:  • Solicit and select the programs and projects to be supported,  • Issue formal grant agreements based on the Foundation approved template that restricts the use of the grants funds to the project that has been determined to further the scientific and educational purposes of IEEE and requires project reporting  • Oversee the successful completion of the funded activities  • Provide reports to the Foundation Board of Directors The IEEE OU must also comply with Policy 5.2.