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I c a o The Golden LEAF Foundation announces its first program opportunity for eligible North Carolina organizations to propose activities that will improve social and economic conditions in economically affected or tobacco - dependent regions of the state. The Foundation was established by the State of North Carolina in 1999 for the purposes of receipt and distribution of a portion of the funds North Carolina receives as a result of the settlement of North Carolina v. Philip Morris Incorporated, et al. This announcement serves as a request for grant proposals. The conditions of grantmaking are explained in this announcement, along with the procedures required to be considered for a grant award. Applicants should complete the application forms provided and follow the proposal instructions for content and submission of your proposal. p - <�}s:'s16'sa'F. Y.a.':;M!5!5�?a - : aeszxsr7.> au%; ciYY: SSZS9tffi` F' diasrxus' �'.. xS:' rk�= s4i.: asm3rx' y�« .�fPac�tt��'- X^.t�°�.".fux?'2P� i 1ha are w � � M The Foundation is a public charitable corporation with two basic objectives: > to promote the social welfare of North Carolina's citizens. to receive and distribute funds to be used for economic impact assistance. Funds are to be used on behalf of the citizens in economically affected or tobacco - dependent regions of North Carolina. The Goiden LEAF Foundation h1gy�pp``£� r t;: s vs the r e e +:` ''� The Foundation intends to use the tobacco settlement funds to create an endowment, the income from which will be used consistent with the purposes envisaged by the General Assembly as specified in the Foundation's charter. The Foundation will operate as a public charitable corporation. The Foundation may choose from time to time to make available funds from the principal as well as earnings on the endowment. The Foundation's activities are a matter of public record. Foundation meetings are subject to the Open Meetings Law as provided in Article 33C of Chapter 143 of the North Carolina General Statutes and the Public Records Act as provided in Chapter 132 of the North Carolina General Statutes. The Foundation's annual report, to be filed with the Joint Legislative Commission on Governmental Operations, will be available to the public. It includes information on expenditures and distributions in furtherance of the public, charitable purposes of the Foundation. All funding decisions are the responsibility of the Foundation's Board of Directors. Program Announcement