Vitalogy Foundation

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

Part i, line 2: vitalogy foundation selects grantees through an internal process with the foundation's board of directors. each potential grantee's request is reviewed by each board member to ensure it meets the vitalogy foundation's mission guidelines and the charity will use the grant exclusively to carry out the "as detailed" charitable project, or for general operations, exclusively for exempt purposes. once the grantee has been approved, vitalogy foundation provides the charity with a grantee form that requests detailed information on the organization including its tax id number, as well as the funds requested and how they will be used, a disclaimer that no goods or services were exchanged for the grant, and a request for updates and reports. after the grantee form is in hand, the charity is sent the funds along with the foundation's donation acknowledgement letter which requests a signatory back confirming receipt of the funds. vitalogy foundation follows-up with the grantees to ensure they are adhering to our guidelines through requesting written updates every six months. the vitalogy foundation team also makes site visits to select larger scale grantees to get firsthand knowledge of how the funds are being applied/dispersed in the field. from these reports and correspondence with the grantee, the vitalogy foundation team provides updates to the board of directors two ways; through weekly project updates and through a more detailed annual project update as warranted ba