All grantees of Queensland Community Foundation are required to submit a report which confirms that the funds granted were used for the intended purpose.
As set out in the Funding Agreement all grantees must satisfactorily acquit their grant by completing a financial acquittal and final report when the grant period ends, which is normally 12 months from date of receipt of funds. If a grant extends over a period of years (multi-year grant), progress reports are required.
Reporting information is used for our internal assessment and review, and also to comply with the financial accountability of both the Foundation and the grantee.
Grantee reports may form the basis for case studies or feature stories in our annual grants report or on our website.
The following acquittal pro-forma can be used on all grants received.