User:Books/Grant Writing Group Vote: Difference between revisions
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* Restricted funding allows paid grant writers without using member funds | * Restricted funding allows paid grant writers without using member funds | ||
* PS:1 needs a framework to manage writing grants and funding grant writing | * PS:1 needs a framework to manage writing grants and funding grant writing | ||
* Andrew Locke has experience with | * Andrew Locke has experience with grant writing, and is willing to serve as an advisor to the grant writing process and club host | ||
As of July 2025, PS:1 continues to meet its financial goals to buy the building. The building purchase is a process that will take decades, and raising outside money to improve PS:1 can relieve some of the financial pressure the 501c3 organization is feeling in the interim. Up to this point, all of the financial obligations, tool purchases, and activities of PS:1 have been primarily funded by member dues. Requesting grant money is an alternative that deserves investigation. | As of July 2025, PS:1 continues to meet its financial goals to buy the building. The building purchase is a process that will take decades, and raising outside money to improve PS:1 can relieve some of the financial pressure the 501c3 organization is feeling in the interim. Up to this point, all of the financial obligations, tool purchases, and activities of PS:1 have been primarily funded by member dues. Requesting grant money is an alternative that deserves investigation. | ||
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The final determination whether a grant is applied for, and that restricted funds are dispersed for this purpose is made by a vote of the majority of the Pumping Station: One Board. | The final determination whether a grant is applied for, and that restricted funds are dispersed for this purpose is made by a vote of the majority of the Pumping Station: One Board. | ||
=== Conflict of Interest === | |||
If the individual being paid to write grants is an insider, meaning that person is in a position to exercise substantial control over the organization, the organization should make sure to follow appropriate conflict of interest procedures, including disclosure, recusal, due diligence, and contemporaneous documentation. | |||
=== Paying Grant Writers === | === Paying Grant Writers === | ||
Similar to members or non-members paid to make material improvements to the space, grant writers are treated as contractors. The treasurer is required to issue a 1099 tax form for individuals paid $600 or more in a calendar year. The payment schedule should be laid out by the GWG Host, and approved by the board when the matter is brought to them for approval. | Similar to members or non-members paid to make material improvements to the space, grant writers are treated as contractors. The treasurer is required to issue a 1099 tax form for individuals paid $600 or more in a calendar year. The payment schedule should be laid out by the GWG Host, and approved by the board when the matter is brought to them for approval. | ||
