As charitable grant making becomes more sophisticated and program oriented, granting organizations are employing increasingly complex and comprehensive grant agreements. In addition to standard terms describing grant amounts and purposes, agreements also include provisions regarding intellectual property rights, reporting requirements, and indemnification, among other subjects. Special provisions are included that deal with international philanthropy. This program will review when grant agreements are appropriate, provisions to be included in the agreement, and “right sizing” the grant agreement for the situation, along with a discussion, from the grantee’s perspective, of the issues presented by various clauses contained in a grant agreement. Practical examples based on recent experiences will be discussed.
This program should be of interest both to donors, including charitable foundations and individual donors, and to nonprofit organizations that are the recipients of charitable grants.
Robert Waldman, Partner, Venable LLP
Nikki Kerman, Counsel, Venable LLP
Darius Graham, Program Director, The Harry and Jeanette Weinberg Foundation