Budget Amendment

Many OSF grant agreements contain language requiring the grantee to obtain approval from OSF if they deviate from any line in their approved budget (apart from personnel expenses) by more than 10%. Generally this approval can be communicated by an email from program staff, with a copy saved to the Foundation Connect record. In some cases the grantee will require a more formal letter, which can also be provided by program staff written on generic OSF letterhead. If they require real legal approval, then the letter must come from the entity that awarded the grant, signed by one of its authorized signatories.

0 Comments

Add your comment

E-Mail me when someone replies to this comment