When should a foundation have a grant agreement? - Exponent Philanthropy

When should a foundation have a grant agreement?

It is always a good policy to have a grant agreement with grant recipients—not for when the grant goes well but, rather, for when it does not. With a grant agreement in place, it is easier to monitor a grant for performance according to the application, to see if anticipated outcomes are achieved, and to receive reports from the grantee. More information and sample grant agreements shared by Exponent Philanthropy members are available here.

Still have questions?

Members can access staff experts through our Q&A service by calling 202-580-6560, or post a question to the member community to hear form peers in the field.

Explore our Q&A archive