Narrative and Financial Reports
The Foundation requires grantees to provide periodic reports on both the financial and programmatic status of their grants. Mott has developed standard reporting forms that are sent with all project support commitment letters. The narrative section of the report helps monitor the grantee progress toward the project objectives and provides an important measure of accountability for the grantee. The financial section of the report allows Foundation staff to monitor the grantee's progress based on the project budget vs. actual expenditures and funding received.
For most multiyear grants, the Foundation must approve interim reports before releasing the next payment of the grant.