Potential applicants are advised that by submitting a request they are consenting to comply with the following requirements in the event that a grant is awarded: The grantee, as a condition of accepting the funds, affirms that the entire proceeds will be used to implement the charitable purposes of the project for which the grant is made. No overhead, indirect, or investment management fees may be charged to this award. The grantee further affirms that no funds have been or will be paid to organization nor consultants engaged in fundraising or public relations for services rendered in obtaining the grant. Should the grantee wish to terminate the charitable project funded, redirect the purpose of the grant, or make a change in the lead personnel, the Foundation is to be consulted immediately. Should the grantee wish to make alterations or additions to the approved budget totaling $25,000 or more, prior approval from the Foundation is required. Grant funds shall be placed in an interest-bearing account until they are needed for the project for which the grant was made. The accrued interest must also be used only to support that project. Written progress reports and a financial accounting on the earnings and expenditure of grant funds must be submitted to the Foundation. Report forms and schedules will be provided by the Foundation. The grantee is to secure Foundation approval in writing prior to releasing any public announcements or statements to the media regarding the grant, referencing it in internally produced publications, or making any commitments for permanent recognition of the W.M. Keck Foundation. Foundation staff is happy to assist in developing such material. If a matching grant is awarded, the grantee is required to secure the matching funds necessary to fully implement the project. Upon raising the match, the grantee is asked to provide the Foundation with a detailed accounting of the sources of the matching gifts. Government grants, bonds, the institution's endowment or other existing support do not qualify as a match. If a grant for endowment is awarded, the principal must be maintained in perpetuity and earnings will be used solely to support the purpose for which the grant was made. For endowed fellowships, chairs, and similar awards, the grantee is asked to provide the Foundation with periodic reports on the selection process, the progress of the search, and the names and backgrounds of those receiving the awards. However, the Foundation does not wish to influence the selection in any way. The Foundation will monitor and assess the impact of prior grants to help determine the Foundation's future program objectives.