Community Foundations of the Hudson Valley Inc

How it makes and monitors grants (Schedule I, Part IV)

Grants to u.s. organizations: grants are monitored in a number of ways. for competitive grants, staff ensure the tax-exempt status and eligibility for all grants awarded. staff monitor the applicant's tax status, governance, leadership, and financial position; review local and national nonprofit news; and check guidestar, charity navigator, and the nys charities bureau on a periodic basis for each applicant applying for a competitive grant. generally, competitive grants and occasionally donor advised fund grants over $50,000 and project specific are made subject to a grant agreement and are required to file follow up reports which are reviewed by staff. smaller grants recommended from donor funds and designated funds for general operating support do not require the execution of a grant agreement or follow-up report. in addition, staff conduct site visits to a variety of grantees awarded grants both competitively and through donor recommendations. all proposed grants are vetted by staff to ensure they meet the criteria, the organization is in good legal standing, and the proposed grants are for a charitable purpose. the selection of who receives assistance depends on the type of fund. all grant recommendations are reviewed by the board, or the executive committee of the board, if acting between board meetings. any reviewing board or executive committee member may request that a grant be withheld for further due diligence and/or board approval. staff have been delegated the aut