Charities rely on grants to drive their missions forward, but it's crucial that these funds are used in a way that aligns with the organization's stated purposes. Here's a concise guide on how to ensure grant activities further your charity's objectives.
Key Steps for Alignment
- Understand Your Charitable Purposes: Your charity's purposes, outlined in your governing document, are the blueprint for all activities, including the use of grants.
- Legal Compliance: Familiarize yourself with common law standards to ensure your activities are legally recognized as charitable.
- Grant Proposals and Purposes: When seeking grants, clearly demonstrate how the proposed activities align with your charitable objectives.
- Monitor and Document: Keep a close eye on how grant funds are used. Documenting these activities helps in demonstrating alignment and accountability.
- Utilize Resources: Resources like Guidance CG-019, "How to Draft Purposes for Charitable Registration," can offer valuable insights. Don't hesitate to seek legal advice if needed.
Aligning grant activities with your charity's purposes is not just a regulatory necessity but a cornerstone of effective and responsible operation. Regular monitoring, clear documentation, and a deep understanding of your charitable objectives ensure that your organization maximizes its impact while maintaining compliance and transparency. Remember, every grant should be a step towards fulfilling your charity's mission.