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DocuSign Envelope ID:253324139-1 UE-4CCA-AA68-1 FEBE45327DF <br /> ' Reinvestment GRANT AWARD <br /> P o A E R PTA cN E PRL I s AGREEMENT <br /> This agreement is made this 22nd day of December, 2020 by and between Reinvestment <br /> Partners (RP), operating the RP TAC - North Carolina VITA Coalition, having an address <br /> of 110 E Geer Street, Durham NC, 27701 , (Corporation) and -irange County, a local <br /> political subdivision of the State of North Carolina, by and through its Department on <br /> Aging (Grantee), having an address of 2551 Homestead Road, Chapel Hill NC 27516. <br /> The Corporation hereby grants an award of $8,000 to the Grantee for support of the <br /> Grantee's services related to RP programs, projects and communications. In consideration <br /> of the mutual benefit to be derived by both parties, the parties agree as follows: <br /> 1 . Term: A period beginning on October 1 , 2020 and ending on September 30, 2021 , <br /> unless 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 express <br /> purpose of supporting the Grantee's work in the following areas during the term <br /> set forth in paragraph 1 , following all rules, regulations, and reporting requirements <br /> as set forth in IRS Publication 4671 : VITA Grant 2021 Program Overview and <br /> Application Package: <br /> a) Operation of a VITA free income tax preparation program in conformity with IRS <br /> requirements, including allowable community outreach activities; <br /> B. VITA Grant Eligible Expenses: Allowable and unallowable expenses covered by the <br /> VITA grant are specified in IRS Publication 4671 , referenced above. As specified <br /> by the IRS Grants Office, all expenses under this sub-award must be allowable <br /> and documented in conformity with the requirements of IRS Publication 4671 and <br /> must conform to Generally Accepted Accounting Principles (GAAP). Attached to this <br /> contract is a list of allowable and unallowable expenses to provide guidance, but <br /> since it cannot cover all possible expenses, Grantees should refer to Publication <br /> 4671 and/or consult with RP staff to ensure that all expenses meet IRS guidelines. <br /> Questions may be referred to Cara Williams via email: nctac@reinvestmentpartners. <br /> org or phone (919) 667-1000 ext 30. <br /> C. VITA Grant Payment Terms: Payment of eligible expenses will be provided on a <br /> reimbursement basis. An exception may be made to cover the cost of a major <br /> purchase for technology and equipment, for example computer equipment. In <br /> order to receive an advance payment for a major purchase, the invoice must be <br /> accompanied by a formal estimate from the vendor and then the actual purchase <br /> must be made within three days of the Grantee's receipt of funds. If a major <br /> equipment purchase is invoiced prior to actual purchase, a copy of the receipt for <br /> PAGE 1 <br />