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Great Barrier Reef Foundation [Funding Recipient]Subgrant AgreementSubgrant AgreementContents1Definitions and Interpretation 1.1 Definitions 1.2 Interpretation3 3 82Duration of the Agreement and Performance
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Review the subgrant agreement to understand all terms and conditions
02
Fill in all necessary information such as names of parties involved, project details, funding amounts, and deadlines
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Ensure all parties involved sign the agreement and keep copies for your records
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Follow any specific instructions or requirements outlined in the subgrant agreement

Who needs subgrant agreement - long?

01
Nonprofit organizations seeking additional funding for specific projects
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Government agencies looking to distribute funding to other organizations for community initiatives
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Research institutions collaborating with other groups on research projects
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A subgrant agreement is a legal document that outlines the terms and conditions under which a primary grant recipient (also known as the 'grantee') provides financial assistance to a secondary party (the 'subgrantee'). This document details the scope of work, performance expectations, financial responsibilities, and reporting requirements associated with the subgrant. It serves to ensure that funds are used appropriately and in accordance with the guidelines set forth by the primary grantor.
Typically, organizations that receive a primary grant from a government agency, foundation, or other funding source and then wish to distribute portions of that funding to other entities through subgrants are required to file a subgrant agreement. This includes non-profit organizations, educational institutions, and local governments. Both the primary grant recipient and the subgrantees must comply with the terms and regulations set forth in the agreement.
To fill out a subgrant agreement, you should start by gathering all the necessary information about the primary grant and the intended use of the subgrant funds. This typically includes details about the project, the roles and responsibilities of each party, budget specifics, timelines, and performance metrics. The agreement should be drafted to include clauses that address compliance with any legal or funding stipulations. After drafting, both parties should review the terms, negotiate any changes, and then sign the document. It is advisable to keep a copy for reference and auditing purposes.
The purpose of a subgrant agreement is to provide a framework for collaboration between the primary grant recipient and the subgrantee. It ensures that funds are allocated responsibly, outlines expectations for project deliverables, and governs reporting an accountability measures. This agreement is crucial for maintaining transparency, monitoring the use of funds, and ensuring that all parties adhere to the objectives and requirements of the original grant.
A subgrant agreement typically requires detailed reporting on various aspects, including the objectives of the grant, budget details (including expenditures), progress towards project milestones, compliance with regulations, and any challenges encountered. It may also require reports on how funds have been utilized, outcomes achieved, and any necessary adjustments to the project plan. The specific reporting requirements can vary based on the primary grantor's rules.
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