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Committee: all approved grantees funded; FY2025 application will follow an October cycle with a Sept. 1 outreach push

Committee on Contributions · August 13, 2024
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Summary

Staff reported that all approved grantees have been paid, described software improvements for budget attachments, and outlined an FY2025 application timeline with outreach beginning around Sept. 1; members asked staff to provide a distribution estimate Nov. 5 and noted that the final trust balance will be known after Dec. 31.

Committee members heard a report that funds approved in the recent grant round have been disbursed and discussed preparations for the FY2025 application cycle.

Angela, a committee staff member, told members, “Everyone that was approved has received their funds now,” and said a small number of distributions took longer due to internal processing. She said staff distributed a packet that includes the proposed application, a timeline mirroring last year’s October cycle, and sample mid-year and end-of-year reports.

Angela described recent training with the grant software vendor and said the system now allows budget line items to…

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