Philanthropic Best Practices Developing a Grant Agreement, What to Leave in, What to Leave out
No matter the nature or size of your grants, it s essential to have a thorough grant agreement in place. Some grant agreements may need to be more complex than others, but all such documents must provide both donor and grantee a clear understanding of expectations, restrictions, payment schedules, and reporting requirements. This session brought together a seasoned grantmaker, a philanthropy-savvy attorney, and a CPA well-versed in the changing rules of nonprofit accounting to guide you in developing the best format(s) for your philanthropy.