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HomeMy WebLinkAboutFY21 SRC CFMF PRESCRIPTION DRUG ASSIST PROGRAM AWARD CONTRACT(7,"'a'e - Fe a r p MORIAL FOUNDATION Organization: New Hanover County Senior Resource Center Amount of Grant: 510,000 Date of Payment: 10/15/2020 Term of Grant: 12 Months Project Title: Prescription Drug Assistance Program GrantfD: 2102 The following terms are agreed upon as conditions for this grant: 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. 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 the goal. 7. The following special terms will be observed: None The terms of this contract are accepted by: CapZnnaErwin, :emori t Fou dation By: President Date: ! OZv New Hanover County Senior Resource Centerr By: J ,L Co fn- i Y�i� qA i CC1ai r !Tinted or Typed N e of B hairman By: Y i tore of Board Chairman Date: jN 2508 INDEPENDENCE BLVD, STE 200 WILMINGTON, NC 28412 BOARD OF DIRECTORS: AGNES R. BEANE MoTT P. BLA.IR, IV, M.D. WILLIAM H. CAMERON GARRY Gj ARRI$, CHAIRMAN JAMES D. HUNmEY, M.D. W, CARTER MEBANE, III JANELLE A. RHYNE, M.D. RONALD SINCLAIR ROBERT F. WARWICK, CPA RICHARD L. W ocmipY ANNA ERWIN, PRESIDENT C II a e ear MEMORIAL FOUNDATION (910) 452-0611 PHONE (910) 452-5879 FAX www.cfmfdn.org September 28, 2020 Mr. Andrew Zeldin, Social Work Supervisor New Hanover County Senior Resource Center 2222 South College Road Wilmington, NC 28403 Re: Grant ID: 2102 Prescription Drug Assistance Program Dear Mr. Zeldin: At its meeting on September 23, 2020, the Board of Directors of Cape Fear Memorial Foundation approved a grant of $10,000 for your organization. This grant is to help fund the above -referenced project. To accept this grant, please have your Board Chair sign and date both copies of the enclosed Grant Contract. Retain one original for your records and return an original to us for our file. The grant check will be mailed by October 15, 2020 provided a signed contract has been received. With your acceptance of this grant you agree to use these funds only for the purpose shown above and to provide progress reports as requested by us. Misappropriation of grant funds or failure to timely and accurately complete and return progress reports may result in our demand for a repayment of monies to the Foundation. Please do not send any mailing to the Foundation requiring a recipient's signature. If confirmation of receipt is required, organizations are encouraged to follow up with an email or telephone call. Please feel free to publicize your receiving these funds. However, we would appreciate a copy of any release you make. The Directors of Cape Fear Memorial Foundation are pleased to support you as you serve our community and wish you continued success. cerely, Anna Erwin President Enclosures DEDICATED TO ADVANCING GOD'S DESIRE FOR OUR HEALING AND HEALTH