PART II. FOUNDATION GRANT PROGRAM

 

[§9-11]  Qualifying standards for foundationgrant applications.  An applicant for a foundation grant shall meet thefollowing standards:

(1)  If the applicant is an organization:

(A)  Be a for-profit organization incorporatedunder the laws of the State or a nonprofit organization exempt from the federalincome tax by the Internal Revenue Service;

(B)  In the case of a tax exempt nonprofitorganization, the organization shall have a governing board whose members have nomaterial conflict of interest and serve without compensation;

(C)  Have bylaws or policies that describe themanner in which business is conducted, prohibit nepotism, and provide for themanagement of potential conflict of interest situations; and

(D)  Have at least one year's experience withthe project or in the program or activity area for which the request for grantis being made; provided that the foundation may grant an exception where therequesting or proposing organization has demonstrated the necessary experiencein the program area.

(2)  If the applicant is an individual, the applicantmust be determined by the foundation to be:

(A)  Professionally recognized in the field ofculture and the arts or history and the humanities; and

(B)  Qualified to carry out the activity orprogram proposed for delivery to the general public or specified members of thegeneral public. [L 1992, c 181, pt of §1]