Or. Admin. R. 123-500-0110 - Fiscal Oversight
(1)
Coalitions that are recognized by the Internal Revenue Service as a 501-c-3
private non-profit organization, or are a local public entity is eligible to
receive Community Cultural Participation Grants directly from the Cultural
Trust.
(2) Those coalitions that do
not have IRS 501-c-3 non-profit status must identify a fiscal sponsor to accept
grant funds on behalf of the coalition. The Cultural Trust Board will review
and approve the proposed fiscal agent prior to the release of grant
funds.
Notes
Stat. Auth.: ORS 359.416
Stats. Implemented: ORS 359.400 - 359.444
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