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FY09 Foundation Reserve Application Category A: Changes in regional assessment methodologies Eligibility: Cities or towns impacted by a Regional School District that used the regional agreement to
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The FY09 Foundation Reserve Program is a program established to allocate funds for the purpose of building or strengthening the reserves of a foundation.
Foundations that meet certain criteria, such as being tax-exempt organizations under section 501(c)(3) of the Internal Revenue Code, are required to file the FY09 Foundation Reserve Program if they have funds designated for building or strengthening reserves.
To fill out the FY09 Foundation Reserve Program, foundations need to provide information about their organization, its mission, financial statements, and details about the funds designated for reserve purposes.
The purpose of the FY09 Foundation Reserve Program is to encourage foundations to establish or strengthen their reserves, which can provide financial stability and support long-term sustainability of their charitable activities.
Foundations must report information about their organization, including the mission statement, financial statements, details of funds set aside for reserves, and explanations for the purposes of reserve funds.
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