Expenditure Responsibility

 

You Are Here:  Nonprofit HubNonprofit DictionaryE TermsExpenditure Responsibility

 

In general, when a private foundation makes a grant to an organization that is not classified by the IRS as a public charity, the foundation is required by law to provide some assurance that the funds have been used for the intended charitable purpose. Special reports on such grants must be filed with the IRS. Most grantee organizations are public charities. Many foundations choose not to make expenditure responsibility grants.

 

 

Google
 
Web NonprofitHub.com

 

Upcoming Terms

Expense Reimbursement

Experiential Learning

Experimental Evaluation

Export

Expunge the Record

Extension Strategies

Extensions

External Benchmarking

External Coordination

External Environment