Grant Conditions

The Board of Trustees makes grants for projects that meet the Trust Mission. Grants will only go to designated organizations that are tax exempt under internal Revenue Code Sec. 501©(3), or that are tax exempt governmental entities.

When requested by the Trustees, a grant recipient must furnish a written report of how the grant fund has been used.

The Trusts may pay grants in installments. Payments may be conditioned on the receipt of invoices substantiating the use of payments.

Failure to begin expending grant funds within 90 days of receipt or to fully use the grant funds within one year of receipt may result in forfeiture of the grant and return of unspent funds.

Grants will not be made:

• To an applicant whose intent is to use the proceeds as a grant to another primary beneficiary.
• To benefit primarily officers, Board members, or employees of the applicant, individually or collectively.
• To individuals.