Orange County NC Website
Reinvestment <br />P A R T N E R S <br />P E O P L E P L A C E S P O L I C Y <br />GRANT AWARD <br />AGREEMENT <br />This agreement is made this day of November, 2017 by and between <br />Reinvestment Partners (RP), operating the RP TAC - North Carolina VITA Coalition, <br />having an address of 110 E Geer Street, Durham NC, 27701, (Corporation) and Orange <br />County Government (Grantee), having an address of 2551 Homestead Road, Chapel <br />Hill NC 27516. <br />The Corporation hereby grants an award of $6,500 to the Grantee for support of the <br />Grantee's services related to RP programs, projects and communications. In <br />consideration of the mutual benefit to be derived by both parties, the parties agree <br />as follows: <br />1. Term: A period beginning on August 1, 2017 and ending on July 31, 2018, unless <br />earlier terminated as provided herein. <br />2. Grant Award parameters for Federal VITA Grant Funds: <br />A. VITA Grant Eligible Activities: VITA Grant award funds must be used for the <br />express purpose of supporting the Grantee's work in the following areas during <br />the term set forth in paragraph 1, following all rules, regulations, and reporting <br />requirements as set forth in IRS Publication 4671: VITA Grant 2018 Program <br />Overview and Application Package: <br />a) Operation of a VITA free income tax preparation program in conformity <br />with IRS requirements, including allowable community outreach activities, <br />B. VITA Grant Eligible Expenses- Allowable and unallowable expenses covered <br />by the VITA grant are specified in IRS Publication 4671, referenced above. <br />As specified by the IRS Grants Office, all expenses under this sub -award must <br />be allowable and documented in conformity with the requirements of IRS <br />Publication 4671 and must conform to Generally Accepted Accounting <br />Principles (GAAP). Attached to this contract is a list of allowable and <br />unallowable expenses to provide guidance, but since it cannot cover all <br />possible expenses, Grantees should refer to Publication 4671 and /or consult <br />with RP staff to ensure that all expenses meet IRS guidelines. Questions may be <br />referred to Cara Williams via email: nctac @reinvestmentpartners.org or phone <br />(919) 667 -1000 ext 30. <br />(920) VITA Grant Payment Terms- Payment of eligible expenses will be <br />provided on a reimbursement basis. An exception may be made to cover the <br />cost of a major purchase for technology and equipment, for example computer <br />equipment. In order to receive an advance payment for a major purchase, the <br />invoice must be accompanied by a formal estimate from the vendor and <br />