Grantee Reporting and Monitoring

After a grant award has been approved by the Foundation's Board of Directors, a grant agreement is excecuted between the grantee and the Foundation. The agreement requires the expenditure of grant funds in accordance with the approved budget and the submission of scheduled progress reports. Budget revisions may, however, be made upon written request from the grantee.

If a grantee has funds left over at the end of the grant, fails to expend funds in accordance with the approved budget, or fails to provide an adequate accounting of funds, the organization may be required to refund all or part of the award to the Foundation.

For a twelve-month grant, grantees are typically paid fifty percent (50%) of the grant amount upon execution of the grant agreement, forty percent (40%) upon receipt and approval of a mid-term progress report, and ten percent on receipt and approval of the final report. The Foundation may schedule progress reports and grant payments differently for grants with different terms.

The Foundation reserves the right to conduct site visits during the term of the grant and to conduct an audit of the grantee's financial system, if necessary.

Midterm, final and financial report templates are available in MS Word and Excel formats on this website at the link below. Grantees may download and complete the reports on their computers. As a convenience, the required templates have been combined into zip files.