Grant Agreement

Grantees will be required to sign a grant agreement that will specify the terms of the grant. Grantees will be expected to provide a written final report to be submitted within two months after completion of the grant. Some grants may contain additional reporting requirements. Failure to meet the requirements of the grant agreement will jeopardize future grants from the NHSCOT FUND.

To download the Final Report Form, click here.

Acknowledgement of Receipt

Upon receipt of grant money, all grantees must promptly provide a letter acknowledging the receipt of funds. The letter should contain the following:
1.    Acknowledgement dated AFTER funds are distributed;
2.    Date of receipt of funds;
3.    Amount of cash received;
4.    An indication of whether the organization provided goods or services in consideration for the cash (in almost all cases with the NHSCOT FUND, there will be no exchange of goods or services). If goods or services have been provided by the organization, a description and good faith estimate of the value of those goods/services are required;
5.    Printed name, signature and title of the individual authorized to sign recipient organization’s letter.

At a minimum, a typical letter should look something like this:

[DATE: Be sure to date after funds were received]

Dear NHSCOT FUND,

Our Organization would like to acknowledge the NHSCOT FUND for its grant of [AMOUNT RECEIVED: Only indicate the actual amount received in this payment] which we received on [DATE FUNDS WERE RECEIVED]. No goods or services were provided to the NHSCOT in exchange for this cash.

[SIGNATURE]
Name
Title
Organization Name