Xactlyone Foundation

How to apply

This foundation reports that it accepts applications.

INITIALLY, THE FOUNDATION EXPECTS TO INVITE POTENTIAL GRANTEES TO SUBMIT GRANT PROPOSALS. WHILE THE FOUNDATION DOES NOT HAVE A GRANT APPLICATION FORM AT THIS TIME, IT MAY DEVELOP AN APPLICATION FORM IN THE FUTURE. THE FOUNDATION ALSO EXPECTS TO USE WRITTEN GRANT AGREEMENTS FOR GRANTS TO U.S. PUBLIC CHARITIES IN SUPPORT OF SPECIFIC PROJECTS. THE CONTENT OF THE AGREEMENTS WILL VARY DEPENDING ON THE GRANTEE OF THE FUNDED PROJECT AND ON WHETHER THE GRANTEE IS A U.S. PUBLIC CHARITY OR A FOREIGN ORGANIZATION.

Deadlines: NONE AT THIS TIME

Restrictions: ANY GRANTS MUST BE MADE SOLELY IN FURTHERANCE OF THE FOUNDATION'S EXEMPT PURPOSES AND THE FOUNDATION WILL EXERCISE EXPENDITURE RESPONSIBILITY AS REQUIRED UNDER SECTION 4945(H) OF THE CODE. WHERE APPROPRIATE, THE FOUNDATION WILL REQUIRE POTENTIAL GRANTEES TO SUBMIT A DETAILED DESCRIPTION OF HOW THEY WOULD USE FUNDS PROVIDED BY THE FOUNDATION. IF THE FOUNDATION CHOOSES TO PROVIDE FUNDING TO AN ORGANIZATION THAT IS NOT A CHARITY AS DEFINED UNDER SECTIONS 501(C)(3) AND 509(A), THE FOUNDATION WILL FIRST ENTER INTO A GRANT AGREEMENT WITH THE ORGANIZATION BEFORE GRANTING FUNDS. THE GRANT AGREEMENT WILL SET FORTH THE GRANTOR'S AND GRANTEE'S RESPONSIBILITIES. IT WILL REQUIRE THE GRANTEE TO USE FUNDS ONLY FOR GRANT PURPOSES, PROVIDE PERIODIC WRITTEN REPORTS ON THE USE OF GRANT FUNDS, PROVIDE ONGOING WRITTEN REPORTS AND ACCOUNTING, AND ACKNOWLEDGE THE GRANTOR'S AUTHORITY TO WITHHOLD OR RECOVER FUNDS IF ABUSE OCCURS.

Check the foundation's own materials before applying; details may have changed.