Board of Directors Calendar

Interim Report and Expenditure Report due May 3, 2021 for grant #2020-406 (trail counters)
NOTE - the final 20% ($707) will be withheld until a FINAL Report and Expenditure Report is provided to MSTPF. SEND FINAL NOW! GET MONEY.
 
"Interim and Final Report. Grantee agrees to deliver to the Foundation Executive Director an Interim
Report, Final Report and two detailed Expenditure Reports for Project on this schedule:

Interim Report + Expenditure Report due May 3, 2021
Final Report + Expenditure Report due June 3, 2022

Interim Report shall include a narrative account of accomplishments resulting from the expenditure of Grant
Funds and a description of progress made towards achieving the Project’s objectives. Expenditure Reports will
compare actual expenses to the approved Project Budget on a line item basis, with explanation of variances.
Should grantee complete the project earlier than scheduled, reports are due at time the project is completed.

MSTPF Grant # 2020-406 2 | Page
5. Disbursement Schedule. Foundation will disburse 80% of Grant Funds upon approving Grant Proposal
and receiving a signed copy of this Grant Award Agreement. The final 20% of Grant Funds will be
disbursed upon Foundation receiving a Final Report along with Expenditure Report. "