SayPro Grant Agreement Template: A contract template that outlines the terms and conditions for grant recipients.

SayPro Grant Agreement Template

This Grant Agreement (the “Agreement”) is entered into as of [Date] by and between:

1. SayPro (the “Grantor”)
Address: [Grantor’s Full Address]

2. [Recipient Name] (the “Grantee”)
Address: [Grantee’s Full Address]

Together referred to as the “Parties.”

Recitals
WHEREAS, the Grantor has agreed to provide a grant to the Grantee in support of [state the purpose of the grant, e.g., a specific project or program];

WHEREAS, the Grantee has accepted the grant and agrees to use the funds in accordance with the terms and conditions set forth in this Agreement.

NOW, THEREFORE, in consideration of the mutual covenants and promises contained herein, the Parties agree as follows:

1. Grant Details
1. Grant Amount
The Grantor agrees to provide the Grantee with a total grant amount of [Amount in dollars], hereinafter referred to as the “Grant.”

2. Payment Schedule
The Grant will be paid as follows:
– Initial Payment: [Amount in dollars] to be paid on [Date].
– Subsequent Payments: [Amount in dollars] to be paid on [Date] (or according to specific milestones or stages outlined below).

3. Purpose of Grant
The Grant shall be used exclusively for [describe the specific project or purpose for which the funds are being awarded]. Any deviation from the approved purpose requires prior written consent from the Grantor.

4. Duration of Grant
The Grant period will begin on [Start Date] and conclude on [End Date] (the “Grant Period”). Any extensions of the Grant Period must be agreed upon in writing by the Grantor and the Grantee.

2. Use of Funds
1. Expenditure Categories
The funds provided by this Grant may be spent only on the following categories:
– [e.g., Personnel expenses]
– [e.g., Equipment and supplies]
– [e.g., Travel expenses]
– [e.g., Administrative costs]

2. Budget Modifications
Any proposed changes to the use of the funds must be submitted in writing to the Grantor for approval. Modifications to the approved budget will be allowed only with the written consent of the Grantor.

3. Record Keeping and Documentation
The Grantee agrees to maintain accurate and detailed records of all expenditures related to the Grant. These records must be kept in accordance with generally accepted accounting principles (GAAP) and be available for review by the Grantor or its agents upon request.

3. Reporting Requirements
1. Progress Reports
The Grantee shall submit progress reports to the Grantor on a [quarterly/biannual/annual] basis, outlining the status of the project, expenditures, and any challenges faced. These reports must be submitted on or before [Due Date].

2. Final Report
At the conclusion of the Grant Period, the Grantee shall submit a final report detailing the outcomes of the funded project, including an itemized list of expenditures, a summary of accomplishments, and any other relevant metrics of success. The final report is due no later than [Final Report Due Date].

3. Audit and Access to Records
The Grantor or its agents may, at their own discretion, audit the Grantee’s use of the Grant. The Grantee agrees to provide the Grantor or its representatives with access to all financial records, project documentation, and any other relevant materials necessary to verify compliance with this Agreement.

4. Obligations of the Grantee
1. Project Completion
The Grantee agrees to complete the project funded by the Grant in accordance with the timeline and scope of work outlined in this Agreement.

2. Compliance with Laws
The Grantee agrees to comply with all applicable laws, regulations, and policies in connection with the use of the Grant funds.

3. Indemnification
The Grantee shall indemnify and hold harmless the Grantor from any and all claims, damages, or liabilities arising out of the Grantee’s actions or omissions related to the use of the Grant funds or the completion of the project.

4. Public Acknowledgement
The Grantee agrees to publicly acknowledge the Grantor’s support in all promotional materials, publications, and other public-facing communications related to the project. The Grantor’s logo and name must be used in accordance with the guidelines provided by the Grantor.

5. Termination
1. Termination for Cause
Either Party may terminate this Agreement if the other Party materially breaches any of its obligations under this Agreement and fails to remedy such breach within [number of days] days after receiving written notice of such breach.

2. Termination Without Cause
Either Party may terminate this Agreement without cause by providing [number of days] days written notice to the other Party.

3. Effect of Termination
In the event of termination, the Grantee shall return to the Grantor any unspent portion of the Grant funds. The Grantee is required to submit any final reports, as specified in section 3, within [number of days] days of termination.

6. Dispute Resolution
1. Negotiation
In the event of a dispute arising from this Agreement, the Parties agree to first attempt to resolve the matter through good-faith negotiations.

2. Mediation
If the dispute cannot be resolved through negotiation, the Parties agree to submit the matter to mediation with a mutually agreed-upon mediator before pursuing any legal action.

3. Arbitration
If the dispute remains unresolved following mediation, the Parties agree to resolve the matter through binding arbitration, conducted in accordance with the rules of the American Arbitration Association.

7. Miscellaneous
1. Entire Agreement
This Agreement constitutes the entire understanding between the Parties with respect to the subject matter hereof and supersedes all prior or contemporaneous oral or written communications.

2. Amendment
This Agreement may only be amended in writing, signed by both Parties.

3. Severability
If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect.

4. Assignment
The Grantee may not assign this Agreement or any of its rights or obligations without the prior written consent of the Grantor.

5. Force Majeure
Neither Party shall be held liable for failure to perform their obligations under this Agreement due to circumstances beyond their reasonable control, including but not limited to natural disasters, strikes, or other events of force majeure.

8. Signatures
IN WITNESS WHEREOF, the Parties have executed this Grant Agreement as of the date first written above.

For SayPro (Grantor):

Name: ________________________
Title: _________________________
Signature: _____________________
Date: _________________________

For [Recipient Name] (Grantee):

Name: ________________________
Title: _________________________
Signature: _____________________
Date: _________________________

Appendices
– Appendix A: Project Description and Budget
– Appendix B: Timeline and Milestones
– Appendix C: Grantor’s Logo and Branding Guidelines

This is a comprehensive grant agreement template that establishes clear expectations and obligations for both the grantor and the grantee. It ensures accountability, transparency, and legal protection for both parties throughout the grant process. You can modify it as needed to suit the specifics of your grant program or institutional policies.