10-26-2007, 01:41 PM
Rob, is this for the Council Discretionary fund grants?($300,000/ council member/ year)
Do you know why there was the 501C3s restriction placed on the grants?
(I do know that some corporations put restrictions on corporate grants in order to place a separation between the corporate leadership & potential benefits - thus excluding homeowners assn.s, churches, & such, that the corp. leaders may belong to, & may channel funds through...if this was a problem in the past, the restriction may have been placed on the grant funds.)
Do you know why there was the 501C3s restriction placed on the grants?
(I do know that some corporations put restrictions on corporate grants in order to place a separation between the corporate leadership & potential benefits - thus excluding homeowners assn.s, churches, & such, that the corp. leaders may belong to, & may channel funds through...if this was a problem in the past, the restriction may have been placed on the grant funds.)