A detailed breakdown of how the grant was spent is due within one year of the grant payment.
A six month interim report is appreciated but not required.
If a final report is not available at the end of one year, a detailed interim report is expected at end of the first year and every 3 months until the project is completed, or the end of 2 years, whichever comes first.
If for any reason, the project is not completed as proposed within 2 years from the date of grant payment, a refund of the full amount of the grant is required to be paid to the Foundation within 3 months.
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