Gwaii Trust Programs |
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The following programs are offered by the Gwaii Trust Society in the new Business Plan. All Gwaii Trust programs require that the applicant complete an application and submit a detailed proposal. |
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Essential Elements to Receive Contributions |
| The Gwaii Trust Society disburses funds for all approved projects on an invoice basis, once any in-kind or matching equity has been confirmed. The approved applicants provide copies of receipts (for expenditures) or invoices to the Gwaii Trust office, and then those costs are reimbursed to the applicant. The Gwaii Trust allocates a maximum of 90% of the approved contribution until the project is complete. Once the project is completed, the applicant submits a financial report and a written summary (evaluation) of the project to receive the final 10%. |
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Essential Elements of All Proposals |
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Project description (indicate community benefit); |
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Statement of purpose; |
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Identify management structure; |
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Identify project costs and source of funds; |
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Cashflow forecast, with specific timeline; |
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Explanation of in-house bookkeeping and accounting; |
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Explanation of attempt(s) to secure other funding from government or private agencies; |
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Explanation of how the project meets the Constitutional goals and objectives of the Gwaii Trust; |
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Confirmation that operational and maintenance funds exist once the project is completed; |
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Support documentation - cost quotation(s), letters of support; and.12 |
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Evaluation process - demonstrate how you will determine the success of your project, and indicate willingness to have Gwaii Trust Board site visits. |
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