oboloo Glossary

Grant Document

oboloo Glossary

Grant Document

A Grant Document is an agreement between a granting organization and a recipient that outlines specific objectives and the amount of funding available. It also contains information about the terms and conditions for receiving, utilizing, and reporting on the funds awarded. In essence, a Grant Document is a legal contract that ensures both parties fulfill their commitments and obligations to each other. From establishing an agreement in writing to setting up payment systems, this document helps ensure all parties benefit from the grant in an organized and transparent manner. By crafting and signing a carefully written Grant Document, you can help make sure your project is a successful one.