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Publication date: 22.04.2024
I am your personal lawyer. My goal is to help the client find the best solutions for current legal issues.
A grant is a financial sum that one organization (grantor) provides to another organization or person (beneficiary) for the implementation of a specific project or program. Grants can be awarded for various purposes, such as scientific research, social projects, environmental initiatives, business development, educational programs, etc.
In terms of legal substance, a grant may be given as a non-refundable sum of money or resources that does not need to be repaid, or as financial assistance subject to the fulfillment of certain conditions or the achievement of specific results. It can be provided by public institutions, private foundations, international organizations, charitable foundations or private companies. Grants can be provided both for individual projects and for general financing of the organization's activities.
Non-governmental organization (NGO) is an independent, non-profit organization that unites citizens or other organizations to solve common problems or achieve common goals in various spheres of life, such as social protection, culture, education, ecology, human rights, health care. i etc.
Receiving a grant for public organizations can be an important source of funding for the implementation of projects and programs aimed at social, environmental, cultural or public initiatives.
The conditions for receiving a grant by a public organization can vary significantly depending on the source of funding, the type of project and the policy of the grantor. However, the main criteria and requirements that are often applied when considering grant applications include the following:
Compliance with the goals of the grantor: The project of the public organization must correspond to the mission and goals of the grantor. Clearly define how your project aligns with the grantor's funding priorities and directions.
Project budget: Carefully calculate the costs of project implementation and create a detailed budget. It must be realistic and justified, as well as meet the requirements of the grantor.
Project Plan: Submit a clear and specific action plan that describes all phases of project implementation, implementation mechanisms, and evaluation of results.
Organizational effectiveness: Grantors may consider the experience and potential of your community organization. Describe in detail your abilities and experience in implementing similar projects.
Reporting and monitoring: After receiving the grant, the public organization is obliged to provide regular reporting on the use of funds and the achievement of project results. A monitoring system may also be required to track implementation progress.
Compliance with legal and ethical standards: Your organization must comply with all legal and ethical requirements related to financial reporting, data protection, transparency, etc.
To successfully apply for a grant, it is important to thoroughly familiarize yourself with the terms and requirements of a specific funding program, follow all established procedures and recommendations of the grantor, and clearly present your ideas and plans for project implementation.
A public organization may require legal expertise and support from a lawyer to issue a grant. Legal support in this process can ensure compliance with all legal norms, rules and requirements of the grantor, as well as help with the most effective preparation and submission of an application for an NGO grant.
