What are the responsibilities of Koch Foundation grantees?
A. Koch Foundation grantees are required to submit an evaluation upon completion of the approved project. These reports are treated as confidential documents. If the project is delayed, the grantee must notify the Foundation and decisions will be made on a case-by-case basis regarding the return of funds or authorization to extend. Evaluation Reports are to be a substantive record of the activities conducted during the year of the grant, and how they met the goals set forth in the original proposal. In addition, final expenditure reports must be included detailing how the funds were spent and reporting any remaining funds from the grant. Any remaining funding must be reported to the Foundation.
