By signing this form, I understand that if approved for the website grant, the Kansas Newspaper Foundation (KNF) will pay 100% of the fees for the first year (up to $2000), 50% for the second (up to $1000) and the third year will be the responsibility of the grantee.
I also understand that
- Grant funds, shall be expended only for the cost of the website, which will be used to distribute news to the public.
- Grantee shall comply with Foundation requests for information and reports.
- Grantee must inform the Foundation immediately, in writing of (a) any change in its organizational leadership or key personnel, or (b) any material change or adverse development relative to the website.
- Grantee is required to maintain financial records for expenditures and receipts relating to Grantee’s grant.
- Failure to comply with any term of the grant shall result in termination of the Grant and require the return of all grant funds to the Foundation.
The Foundation reserves the right to terminate the grant if the Foundation determines, in its sole discretion, that the Grantee has made any misrepresentations, misappropriated funds, or failed to comply with the terms and conditions of the Grant. The Foundation shall be entitled to a return of any misappropriated funds up to and including the full amount of the grant.