The Narbha Institute Inc

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

The narbha institute board approves a budget that includes grants and sponsorships. staff review grant applications for consistency with the narbha institute's mission and charitable purpose, screen for conflicts of interest, ascertain whether the grantee is a public charity or governmental entity, and make a final recommendation to the board or chief executive as appropriate. if an award is made, the representations made in the application are made contractually binding and funding is restricted to the purpose described in the grant. some smaller grants (primarily event sponsorships) do not follow the formal application process but are monitored by having staff verify the public charity status of the company hosting the event, having staff attend the event, and reviewing event information and materials. the narbha institute may rely on the public charity status of the grantee to ensure that the grant is consistent with charitable purposes, or it may require (or in the rare case of a grant to an entity which is not a public charity or governmental unit, will require) reports and measured outcomes demonstrating the use of funds consistent with the narbha institute's charitable purpose and mission.