Grant Closure Letters

Foundation records are closed at the conclusion of the grant term and upon review of the required narrative and financial final reports. OSF does not automatically draft closure letters at the conclusion of a specific grant’s term. The only exceptions are grants to organizations in Russia – and currently all grants to organizations in Russia have been suspended – who typically request a grant closure letter upon end of the grant term. Closure letters may be drafted upon request from any grantee organization. The letter states the amount, term, and purpose of the grant and states that all requirements have been satisfied by the grantee.

1 Comments

Joe Behaylo

Given that we no longer work in Russia, are we still doing grant closure letters? In certain jurisdictions, upon request, when?

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