Grant Policy Guidelines February 2002

1. Any person or group may apply in writing to the Bulkley Valley Community Arts Council (BVCAC) for a grant.
   
2. The BVCAC (or designated committee) will take into account the following when considering a grant application:
   • Benefit to the arts community, including degree of activity, number of members, and whether arts participants (performers) are from within the community (goal: to encourage the community to participate in the arts).
   • Degree of need, and whether other funding sources are available (goal: to provide support where most needed).
     Whether the applicant is just starting up (goal: to provide start-up support for new arts groups).
   • Whether the applicant is on the wane, with fewer projects/participants (goal: to provide the greatest support to the most active groups).
   • Structure of the applicant/group (goal: to preferentially support amateur and not-for-profit organizations).
   • Does the proposal contribute to the Arts Council’s charitable purposes?
   • Past support from the BVCAC (goal: to encourage applicants toward independence).
     
3. Funds are to be applied only to the project specified in the application.
   
4. The BVCAC has the right to monitor the progress of the project to which funds were awarded.
   
5. The Council will on occasion grant a request to an organization that is not a registered society. In this instance the recipient will agree to the following:
   • To use the money in accordance with the BVCAC’s charitable objectives.
   • Sign a copy of the minutes containing the motion for the grant. This constitutes a binding agreement between the parties.
   • Sign a copy of this policy as proof of reading and understanding the terms.
   • Provide the BVCAC with a final report and/or financial statement signed by the person responsible for finances.

Loan Policy Guidelines February 2002

1. Any person or group may apply in writing to the Bulkley Valley Community Arts Council (BVCAC) for a loan.
   
2. If approved, the loan will be interest free.
   
3. The BVCAC (or designated committee) will take into account the following when considering a loan application:
   • Benefit to the arts community, including degree of activity, number of members, and whether arts participants (performers) are from within the community (goal: to encourage the community to participate in the arts).
   • Degree of need, and whether other funding sources are available (goal: to provide support where most needed).
   • Whether the applicant is on the wane, with fewer projects/participants (goal: to provide the greatest support to the most active groups).
   • Structure of the applicant/group (goal: to preferentially support amateur and not-for-profit organizations).
   • Does the proposal contribute to the Arts Council’s charitable purposes?
   • Past support from the BVCAC (goal: to encourage applicants toward independence).
4. Funds are to be applied only to the project specified in the application.
   
5. The BVCAC has the right to monitor the progress of the project to which funds were loaned.
   
6. If the loan is approved, the recipient will agree to the following:
   • To use the money in accordance with the BVCAC’s charitable objectives.
   • Sign a copy of the Letter of Commitment with terms of repayment attached. This constitutes a biding agreement between the parties.
   • Sign a copy of this policy as proof of reading and understanding the policy.
   • Provide the BVCAC with a financial report and/or financial statement signed by the person responsible for finances.

Template
Need to Submit a Budget for Grant/Loan Consideration? Use this template to assist in your budget building. To print out template, use CTRL + P keystrokes after page has opened. Choose Page Range "Page 1" .

Grant guidelines & Loans Policies | BVCAC Awards