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HomeMy WebLinkAboutCFMF Senior Prescrip Drug Prog grant award - SRCa e Fe a r MEMORIAL FOUNDATION GRANT CONTRACT Organization: New Hanover County Parks, Gardens & Senior Resource Center Amount of Grant: $7,500.00 Date of Payment: 4/15/2013 Term of Grant: 12 Months Project Title: Senior Prescription Drug Assistance Program Grant ID: #1459 The following terms are agreed upon as conditions for this grant: 1. The tax- exempt status verified in the proposal is still valid; any changes in the organization that could lead to a change in the status will be reported to Cape Fear Memorial Foundation immediately. 2. The funds will be used by the above -named organization solely for the purposes described in the project title above. No funds will be utilized for the purpose of promotion or advancement of political causes 3. The organization will keep and maintain records of expenditures adequate to verify the use of grant funds. Progress reports concerning budget, personnel and program developments will be timely completed and returned to Cape Fear Memorial Foundation. Misappropriation of grants funds or unsatisfactory progress (as determined by the Foundation) may result in a demand that the grantee repay grant funds to the Foundation. 4. The organization will repay, upon demand, to Cape Fear Memorial Foundation the amount of the grant if any condition of the contract is not upheld. Additionally, the organization will repay Cape Fear Memorial Foundation an amount equal to the book value of any assets acquired through a capital grant from Cape Fear Memorial Foundation if and when your organization is sold, or loses its tax- exempt status or no longer provides services consistent with those supported by this grant. 5. The organization will send to the Foundation copies of any printed publicity regarding the awarding of the grant or the program supported by the grant; the organization may, if it chooses, refer to Cape Fear Memorial Foundation's support in any such publicity. 6. Future payments under multi -year grants will be subject to availability of funds and to satisfactory review of progress reports which document meaningful progress toward th goal. 7. The following special terms will be observed: None e 4[.pr fbr ou 4orney The terms of this contract are accepted by: CAPE FE EMO L FO ATION By: a Erwin, CPA, President New Hanover County Parks, Gardens & Senior Resource Center Chairman Date: March 27, 2013 By: Signature of B Date: A\ 4:�,.1