Foundation grants

One of the most important functions of a foundation is to manage its funds in an efficient and satisfactory manner when awarding its grants. It requires clear processes and adequate control procedures. We are experienced in weighing the consideration for efficient grant administration against the need for satisfactory management of the foundation's funds. In other words, ensuring compliance in the foundation.

Our advice is based on many years of experience in the area of foundations. The experience gives us unique insight into the challenges and possibilities that foundations are facing when awarding grants. We combine this unique experience with in-depth expertise in the area of compliance.

Our advice in the area will typically involve:

• drawing up award strategies
• drafting policies and procedures for the employees of the foundation
• preparing risk analyses in relation to specific awards of grants
• due diligence of recipients of grants and business partners
• drawing up agreements with recipients of grants and business partners
• advice on documentation requirements when using the grants
• compliance with anti-corruption rules and impartiality

In connection with the above we provide assistance by planning targeted training programmes and providing assistance with specific incidents such as suspicion of illegal or unethical issues in relation to awards of grants.