FundSvcs Community

Good morning, all.  We are an arts/culture organization that is dipping our toes more deeply into the grant space.  I recently learned one of our conservation staff received notice of a grant award, which is great.  There is nuance however. The grant is actually being managed, including all reporting, by another entity with our staff conducting research which we then invoice based on project phases over 3 years, for what appears to only be staff salary reimbursement.  The 2nd party is puchasing all equipment.

Is this a recordable gift?  

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Kristin Richardson
Colonial Williamsburg Foundation
krichards1@cwf.org
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Original Message:
Sent: 8/14/2024 10:29:00 AM
From: Kristin Richardson
Subject: Grant recording

Good morning, all.  We are an arts/culture organization that is dipping our toes more deeply into the grant space.  I recently learned one of our conservation staff received notice of a grant award, which is great.  There is nuance however. The grant is actually being managed, including all reporting, by another entity with our staff conducting research which we then invoice based on project phases over 3 years, for what appears to only be staff salary reimbursement.  The 2nd party is puchasing all equipment.

Is this a recordable gift?  

------------------------------
Kristin Richardson
Colonial Williamsburg Foundation
krichards1@cwf.org
------------------------------