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LOCAL RESEARCH GRANT PROGRAM
PROGRAM REVIEW AND FUND ALLOCATION
1) Three years from the initiation of the Local Research Grant Program (Spring, 2012) The Board will initiate a review and evaluation of this initiative. A decision regarding the future of the Local Research Grant Program will be made subsequent to this review.
2) A review of the Local Research Grant Program will be initiated at such time as funds raised to support the Local Research Grant exceed the initial target of $50,000, and at the achievement of subsequent funding targets.
3) Subsequent to a LRG Program review, the Board, at its discretion, may decide:
i) to terminate, or to temporarily suspend, the Local Research Grant Program
ii) to increase the amount and/or number of Local Research Grants to be awarded
iii) to re-allocate funds in excess of LRG Program target(s) to a purpose compatible with the mission of the Alzheimer Society of Thunder Bay.
4) It is the intent of the Board that all funds raised and/or designated to support the Local Research Grant Program will be used for this purpose. In the case of LRG Program termination (item 3-i) or funds raised in excess of the LRG Program targets (item 3-iii), any funds to be re-allocated will be clearly designated for a purpose(s) compatible with the mission of the Alzheimer Society of Thunder Bay.
5) In the case of the program termination and/or fund reallocation, every attempt will be made to contact donors who have targeted funds to support the Local Research Grant Program. Donors will be presented with the Board rationale for such decision(s) and reassured of the purpose(s) and appropriateness of the fund reallocation.
To download and view the complete Research Policy click here.
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