This is the final, crucial piece of the puzzle. The Grant Agreement ensures that the money the Board approved is used exactly as the Advisory Board intended. It protects the Foundation’s integrity and sets clear expectations for the recipient.
📄 Philanthropic Grant Agreement
Jackie Kallen Foundation
Date: [Date]
Grantee: [Organization/Individual Name]
Project Title: [Project Name]
Total Grant Amount: $[Amount]
1. Purpose of Grant
The funds provided under this agreement are to be used solely for the purposes described in the Grantee’s application dated [Date]. Any significant changes to the project scope or budget must be submitted in writing and approved by the Chairperson of the Advisory Board.
2. Disbursement of Funds
The Foundation will disburse the total amount of $[Amount] via [Check/Wire Transfer] within [Number] business days of receiving this signed agreement.
3. Grantee Obligations
By accepting these funds, the Grantee agrees to:
- Financial Accountability: Maintain accurate records of all expenditures related to this grant.
- Mission Alignment: Conduct all activities in a manner consistent with the values and reputation of the Jackie Kallen Foundation.
- Prohibited Uses: Funds may not be used for political campaigning, lobbying, or any activities inconsistent with the Foundation’s non-profit status.
4. Reporting & Evaluation
To help the Advisory Board track the impact of our philanthropy, the Grantee shall provide:
- Mid-Project Update: A brief email update due on [Date].
- Final Impact Report: A summary of results, including photos or testimonials if applicable, due by [Date].
5. Recognition & Media
The Jackie Kallen Foundation grants the Grantee permission to use the Foundation’s name and logo in promotional materials related to this specific project. We ask that the Grantee tags the Foundation in social media posts related to the funded activities.
6. Right to Reclaim
The Foundation reserves the right to discontinue funding or request a refund of unspent funds if the Grantee fails to comply with the terms of this agreement or if the project is cancelled.
Authorization
For the Jackie Kallen Foundation: ____________________________________
[Name], Chairperson of the Advisory Board
For the Grantee: ____________________________________
[Name], Authorized Representative
A Quick “Jackie” Touch
Since Jackie Kallen is the “First Lady of Boxing,” you might consider adding a small “Champion’s Clause” or a quote at the bottom of your documents to keep the branding authentic:
“Success isn’t just about winning; it’s about what you do with the victory.”