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Or2014 12368 2014 Fpos Funding Moldova Signed

The Foundation to Promote Open Society has awarded a grant of up to USD 1,826,192.00 to the Soros Foundation - Moldova for charitable operations from January 1, 2014, to December 31, 2014. The grant is contingent on the Grantee meeting certain reporting requirements and maintaining compliance with tax-exempt status. The Grantee must use the funds for specified purposes and provide annual reports, with FPOS retaining the right to discontinue funding if conditions are not met.
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0% found this document useful (0 votes)
3 views2 pages

Or2014 12368 2014 Fpos Funding Moldova Signed

The Foundation to Promote Open Society has awarded a grant of up to USD 1,826,192.00 to the Soros Foundation - Moldova for charitable operations from January 1, 2014, to December 31, 2014. The grant is contingent on the Grantee meeting certain reporting requirements and maintaining compliance with tax-exempt status. The Grantee must use the funds for specified purposes and provide annual reports, with FPOS retaining the right to discontinue funding if conditions are not met.
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© © All Rights Reserved
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DocuSign Envelope ID: E2B43EE6-86C9-4259-9D5A-06A3AAD53342

A PART OF
,,;.] OPEN SOCIETY George Soros Christopher Stone
F~at i,on to Promote Open Society WA t-J · K~ CHAIR',IAN PRESICJENT

March 10, 2014

VictorU rsu
Executiv e Director
Soros Foundati on - Moldova
BuJgara str. 32.
Chisinau 277001
Moldova

Re: Grant Number OR2014- 12368

Dear Victor Ursu:

1he Foundati on to Prormte Open Society ("FPOS" ) is pleased to inform you that it has awarded
Soros
Foundati on- Moldova (the "Grantee ") a grant in the amount ofup to USD 1,826,19 2.00
fur the period
from January 1, 2014 through Decembe r 31, 2014 to :fund your charitabl e operations.

Upon receipt ofa countersi gned copy ofthis agreement, and provided any outstandi ng
reporting
requirements resulting from this or previous FPOS grants have been satisfied; and a represent
ative ofthe
Grantee has registered with FPOS 's online Foundati on Connect system, FPOS will pay
the grant in
installments as requested.

1he Grantee has been determin ed to be the equivalen t ofan organiza tion exempt from :federal
income
taxes under Section 501(c)(3 ) of the Internal Revenue Code of 1986, as amended (the
"Code"), and not a
private :foundation or supportin g organiza tion as defined in Section 509 ofthe Code. By
signing this
agreement, the Grantee represents and warrants that there have been no changes in the
facts contained in
your Equivale ncy Determin ation Affidavit and agrees to give FPOS immedia te written
notice should any
ofthese facts change. FPOS is making this grant on the basis ofthese representations.

In addition, the Grantee agrees:

1. to use these funds solely fur religious, charitable, scientific, literary or education al
purposes
as defined by Section l 70(c)(2)( B) ofthe Code;

2. to maintain adequate :financial records consisten t with generally accepted accountin g


practices and to retain such records fur at least fuur years after the conclusio n ofthe grant
period;

3. to send FPOS an annual report detailing the Grantee's activities and finances for each
whole
or partial calendar year in the grant period;

4. to allow FPOS to conduct site visits to observe, review, and discuss the Grantee' s
operations;
and

5. to allow FPOS, at its discretion, to publish informat ion regarding this grant and the
Grantee.
Ifthe Grantee :fails to use the grant funds fur the stated purpose ofthe grant or ifthe Grantee
fails to
provide FPOS with a full accounti ng and descripti on ofhow it spent the grant fimds, and
the Grantee does

224 WEST 57TH ST'lEET. NEW YORK, NY 10019 .1 212.548 0600 • +l 212.548.4600 I opensocie tyfoundat1 ons.org
ID: E2843EE6-86C9-4259-9D5A-06A3AAD53342

not cure such :failure upon FPOS 's demand , FPOS will immedia tely stop fimding
the Grantee and may be
prohibit ed by law from awardin g the Grantee any addition al grants in the future.

Beyond the rights and obligati ons specific al]y stated in this letter, FPOS disclaim
s any legal right to
control or otherwi se influenc e the Grantee 's use of any funds provided pursuan
t to this agreeme nt.
Furtherm ore, it is express ly understo od that by making this grant FPOS has
no obligati on to provide
addition al :funding to the Grantee.

This is the entire agreerre nt between the Grantee and FPOS concern ing this
grant and may be rrodifie d
and waived only by a written agreeme nt between the Grantee and FPOS. The
Grantee acknow ledges that
it is not relying on any represen tation ofFPOS , except as set furth in this agreeme
nt, and that no
representations FPOS may have made in the past survive.

This agreerre nt is made subject, at all times, to FPOS's complia nce with
all applicab le laws and
regulations, which may impact grant processi ng and paymen ts.

The Grantee should direct commun ications and reports to Dana Geraght y at
dana.ge raghty@ opensoc ietyfuun dations. org. Reports may also be submitt ed
online at
www.op ensociet yfuunda tions.org /grants/rnanage.

Please sign below and return an execute d copy ofthis letter to Eric Rosenhe
im-Patto n at eric.rose nheim-
patton@ opensoc ietyfuun dations. org.

On behalfo fFPOS, I extend my best wishes for your organiz ation's success.

S.i ncere]v
r;:;·:;~
~0122GIJ 602~34C(,.,.

Gail Aidinof fScovel l


Secretar y

Agreed to and accepted on behalfofSoros Founda tion- Moldov a:


OocuS,gncd by:


Signed: ______ G 0c'Td~ I).,, ..
BOeB:138' '.0205<!"8
_ _ __
Victor Ursu, Executi ve Directo r
Date:
- ----------
3/11/20 14

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