Grant Monitoring
Every approved grant request shall include a mechanism by which the Foundation will be reasonably informed of the appropriate use of the grant proceeds. It is the duties of the Foundation to follow up and ensure that the proceeds are utilized properly. To insure the receipt of accurate reporting, the grant proceeds payment may be conditioned upon satisfactory proof of the appropriate expenditure of funds equal to at least the grant proceeds paid. As a recipient of funds granted, the Michigan Jaycee Foundation will request the following provisions from the organization(s) accepting these funds to insure proper recognition for and use of funds:- The Michigan Jaycee Foundation name will be included in any internal and/or external advertising or public relations as a financial sponsor of the project benefiting from Foundation funds.
- A Grant outcome form must be completed and returned within three (3) months after receipt of funds. If the partner organization’s project(s) are not completed by this date, a preliminary report will still be required. If an outcome report or interim outcome report is not received, the organization will not be considered for any future grants.
- If for any reason, the project(s) are cancelled, the amount of the funding by the Michigan Jaycee Foundation will be immediately returned to the Foundation.