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Terms and Conditions
  • You agree that the grant shall be used exclusively for the purpose originally requested. Any modifications must be approved in writing by The Foundation.
  • You agree to notify The Foundation of any material changes that occur in the project for which the grant is awarded. This could include changes in costs, funding from other sources, or timetable for project start or completion. (If there is any doubt, such as the importance of any changes, please contact info@thewalterandadiblumfoundation.org).
  • You are responsible for the expenditure of grant funds and for maintaining adequate accounting records.
  • You agree that The Foundation may terminate this grant if, in its discretion, it determines that you have made any misrepresentation, misappropriated grant funds or done anything inconsistent with the conditions of the grant. The declaration of, or filing for bankruptcy by your organization will automatically terminate the grant.
  • You agree to notify The Foundation if there is a change in key personnel essential to the ongoing administration of your organization.
  • You agree to return any unexpended funds to The Foundation upon completion of the project.
  • You understand that The Foundation does not seek publicity for grant awards. However, there may be occasions when publicly announcing a grant could be beneficial to you in your fund raising efforts. Under these circumstances, you agree to submit to The Foundation for its approval, any press releases or announcements that identify The Foundation prior to distribution.

Pursuant to the USA Patriot Act, you warrant and represent that as of the date of the application and through the term of the grant:

  • Your organization, any person or entity controlling or controlled by your organization, any person having a beneficial interest in your organization or any person for whom your organization is acting as agent or nominee, is neither a country, territory, individual or entity named on the Office of Foreign Assets Control ("OFAC") list, nor is a person or entity prohibited under the OFAC Programs.
  • You may be required to complete a grant accountability report upon completion of the project.

You agree to return funds promptly to The Foundation if:

  • The Foundation terminates the grant for reasons detailed above.
  • You lose your exemption from federal income tax as provided in Section 501(c)(3) of the Internal Revenue Code.
  • You are found to be in violation of any federal, state, or local law, including, but not limited to, tax, licensing or zoning requirements.

YOU AGREE THAT UNLESS OTHERWISE PROVIDED IN WRITING, THIS GRANT IS MADE WITH THE UNDERSTANDING THAT THE FOUNDATION HAS NO OBLIGATION TO PROVIDE OTHER OR ADDITIONAL SUPPORT TO YOUR ORGANIZATION.