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What should I do if our organization realizes it cannot use a grant award as we stated in the proposal on which the Pennington Family Foundation based its decision?

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What should I do if our organization realizes it cannot use a grant award as we stated in the proposal on which the Pennington Family Foundation based its decision?

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Call the foundation’s program officer immediately to discuss the situation. Please understand that the Pennington Family Foundation makes awards in good faith that every organization will use the funds as they are intended and within the specified grant term. To use funds in any other way is not considered good stewardship. However, there are times when an organization is faced with a program change or other circumstance that will require funds to be used in a different way. If this happens, your organization MUST contact the foundation’s program officer as soon as possible to discuss a mutually-agreed upon alternative. ***It is not acceptable for an organization to use Pennington Family Foundation funds at its discretion and inform the foundation after the fact.

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