Board members may not accept stipends or grants for League projects while sitting on the policy-making Board that is responsible for administering the grant.
Board members will receive no financial compensation for League work except reimbursement for authorized expenses for out-of-pocket costs. A detailed project proposal should be drawn up for consideration by the Board. No grants or projects will be entered into without approval of the Board or the trustees of the MVEF. If appropriate, the Board will appoint a project director, determine if compensation will be paid and set up committees. The President and treasurer will sign all contracts. Unless a project treasurer is considered necessary, the League treasurer will handle all funds, paying bills, and keeping records.The project director will oversee the project and report to the Board. A Board committee may be set up if necessary.Grant or contract funds or contributions for a specific project to be conducted over an extended period (not short-term, one-shot projects) will be placed in a "restricted" account on the Treasurer’s books and disbursed in accordance with the project budget. Overhead costs included in the project budget will be disbursed to the MVEF or the League, as appropriate.A final report of the project will be prepared by the project director for approval and evaluation by the Board. If a report is required by the contracting agency outside of the LWVMD, it will be submitted to the Board before it is sent to the agency.