Franklin County Community Foundation Inc

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

For scholarship's awarded, the students are required sign and return a student agreement form to the foundation, which specifies the fund that the scholarship is to be awarded from and the award amount. the student has to accept or decline the award on this form. they also give the foundation authorization to release information about the scholarship to their school and the media. the student also provides the name of the college or university that they are attending and their study plan and/or major. the student is also required to present proof of enrollment for the upcoming semester. after proof is received, the check is mailed to the school. for grant awards, the grantees are required to fill out and send a terms of grant agreement form to the foundation. this form states the grant amount and the purpose of the grant. the grantee is required to verify project begin date and date the grant funds are needed. two individuals are required to sign the form. a check and the grantee final report form is mailed to the recipient based on the date the funds are needed. after the project is complete, the grantee final report form is completed and returned to the foundation. this form requests itemized expenditures (including receipts) regarding the project. it also requests a brief narrative and photos of the completed project. the grantee is questioned as to whether the original proposal guidelines were followed.