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Grant Program Description The goal of the King Grant Program is to enrich the lives of all residents of the State of New Jersey by stimulating and supporting production and presentation of programs, projects and activities that promote the life, work and legacy of Dr. King, with particular emphasis on cultural diversity.Grant Timelines and Award Dates The application deadline: May 8, 2006 for projects taking place from June 1, 2006 through January 15, 2007.2006 Awardees King Grant Program AwardeesProcedures Adhere to deadline. The King Grant Committee will review the applications and make recommendations to the full Board of Commissioners and the Secretary of State for a final decision. The grant award process is competitive. All grant awards are dependent on available funding. Grant awardees may not receive the maximum award requested. Previous grantees are not automatically funded. Grant awards range from $1,500 to $5,000Compliance Procedures and suggested Audit Procedures A. A. TYPES OF SERVICES ALLOWED OR UNALLOWED
Compliance Procedures-
Grant funds cannot be expended for general support, endowments, individuals, political activities, loans or fundraising events including dinners, benefits and athletic events.
B. ELIGIBILITY
Compliance Requirement-
Nonprofit organizations Eligibility:
Be incorporated in the State of New Jersey as a not-for-profit.
Tax exempt status 501c3.
Education and Religious Institution Eligibility
Same as above, in addition to:
The project has a multi-regional and statewide impact;
The project must be open to the general public;
The project is supplementary to any curriculum or religious observance;
Grant funds will not replace funds previously allocated for the project;
Grant funds will not be used to pay salaries of faculty, staff or members of Ministry.
C. MATCHING, LEVEL OF EFFORT, AND/OR EARMARKING REQUIREMENTS
Compliance requirement- None.
D. REPORTING REQUIREMENTS
Compliance requirement-
Final Report is due sixty days of the program completion date. The final report must address: number of participants, program outcome, program impact and public awareness.
*Review reporting process to ensure compliance.
E. SPECIAL TESTS AND PROVISIONS
Compliance requirement-
See provision of grant agreement.
Suggested Audit Procedures-
*Review terms of grant agreement.
*Perform sampling in accordance with generally accepted auditing standards.
* Review eligibility criteria.
*See Application Narrative of Application for:
Organization mission, Program description, Goals, Project Impact, ** Program Evaluation, **Justification for Support and ***Budget Summary.
Grant payment is as follow:
• 75% initial payment
• 25% final payment subject to submission of final report(s) and approval of the MLK Board of Commissioners and Secretary of State.
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